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Stock Market & Financial Investment News

News Breaks
April 17, 2014
08:58 EDTBX, BHI, BKS, GOOG, PEP, GOGO, CMG, IBM, SNDK, MAT, UEPS, MSOn The Fly: Pre-market movers
UP AFTER EARNINGS: Morgan Stanley (MS), up 3%... SanDisk (SNDK), up 7%... Chipotle (CMG), up 4.5%... Baker Hughes (BHI), up 4%... Blackstone (BX), up 4%... PepsiCo (PEP), up 2%. ALSO HIGHER: Gogo (GOGO), up 4.5% following upgrade at JPMorgan. DOWN AFTER EARNINGS: Google (GOOG), down 2%... IBM (IBM), down 4.5%... Mattel (MAT), down 2%. ALSO LOWER: Net 1 UEPS (UEPS), down 32% after South Africa high court rules large tender must be rerun... Barnes & Noble (BKS), down 3.5% after Chairman Riggio says sold 3.7M shares of stock.
News For GOOG;MS;IBM;BKS;UEPS;CMG;BHI;MAT;GOGO;BX;SNDK;PEP From The Last 14 Days
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July 14, 2015
06:20 EDTGOOGQualcomm to work with Google-backed Thread Group, Re/code reports
Qualcomm (QCOM) said it is working with Thread Group, a Google (GOOG) backed effort to find ways for internet connected devices to communicate with one another, Re/code reports. Reference Link
06:15 EDTGOOGGoogle seeks ways to operate more efficiently, WSJ reports
Google is slowing down hiring and seeking ways to run more efficiently, the Wall Street Journal reports, citing sources familiar with the matter. New CFO Ruth Porat has been active in the company's cost-cutting measures, the report says, having started an internal audit examining costs, revenue, and accounting systems. Google is expected to offer an expenses update on Thursday when it reports its second quarter financial results, the report says. Reference Link
July 13, 2015
19:46 EDTGOOGYouTube CEO 'absolutely' open to acquisitions, Fortune says
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18:38 EDTGOOGYouTube CEO says music service relaunching 'later this year,' BI reports
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12:46 EDTBXEarnings Watch: Wells Fargo CFO sees staying in higher end of efficiency range
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11:06 EDTCMGAnalyst says transparency trend benefits Chipotle, Panera
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10:25 EDTGOOGGoogle to unveil interactive watch faces next Android Wear, Phandroid says
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10:21 EDTPEPOn The Fly: Analyst Downgrade Summary
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09:17 EDTPEPPepsiCo downgraded to Neutral at Susquehanna
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09:16 EDTMSNationstar hires Steve Covington as Chief Compliance Officer
Nationstar Mortgage Holdings (NSM) announced the hiring of Steve Covington as Chief Compliance Officer and Tony Ebers as EVP of Originations. Covington brings more than 20 years of senior leadership experience in risk management and compliance in the mortgage industry where he most recently served as Executive Director of Morgan Stanley’s (MS) residential mortgage risk management unit.
09:04 EDTIBMIBM and NVIDIA announces a pair of Centers of Excellence for supercomputing
IBM (IBM) along with NVIDIA (NVDA) and two U.S. Department of Energy National Laboratories announced a pair of Centers of Excellence for supercomputing. The collaborations are in support of IBM's supercomputing contract with the U.S. Department of Energy. They will enable advanced, large-scale scientific and engineering applications both for supporting DOE missions, and for the Summit and Sierra supercomputer systems to be delivered respectively to Oak Ridge and Lawrence Livermore in 2017 and to be operational in 2018.
09:03 EDTIBMSeagate expands relationship with IBM for high performance computing storage
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09:02 EDTSNDKSanDisk ships two billionth microSD card
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08:47 EDTGOOGGoogle margins to stabilize in second half, says JPMorgan
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08:38 EDTGOOGGoogle downgraded to Hold from Buy at Pivotal Research
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08:04 EDTCMGGrocery/restaurant survey suggests caution on Grubhub, Whole Foods, says Cowen
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07:28 EDTGOOGGoogle July volatility elevated into Q2 and outlook
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06:54 EDTGOOGGoogle expected to invest $100M in Crowdstrike, Business Insider reports
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06:51 EDTMSU.S. banks prepare for higher loan losses, Reuters reports
U.S. banks might begin preparing for higher loan losses in the coming quarters after falling oil prices have made oil producers more likely to default on loans, Reuters reports, citing analysts. Banks are expected to set aside money to cover bad loans when they post results over the next few quarters, the report says. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:13 EDTPEPPepsiCo downgraded to Neutral from Positive at Susquehanna
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