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Stock Market & Financial Investment News

News Breaks
January 3, 2013
06:49 EDTGOOG, MSFT, CSCOGroups say R&D tax credit will help U.S. tech, The Hill reports
Trade groups that represent large tech companies including Google (GOOG), Microsoft (MSFT) and Cisco (CSCO) praised Congress' decision to include an R&D tax credit in its fiscal cliff deal, The Hill reported last night. The credit is key to enabling the U.S. to remain a leader in global technology, the website quoted the Information Technology Industry Council and the Telecommunications Industry Association as saying. Reference Link
News For GOOG;MSFT;CSCO From The Last 14 Days
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October 8, 2014
16:56 EDTMSFTGartner says worldwide PC shipments in Q3 declined 0.5%
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09:48 EDTGOOGGoogle says new movies can be pre-ordered, watched on first day of availibility
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09:38 EDTCSCOCisco breakup would not create much value, says Citigroup
Citigroup says its analysis shows that a breakup of Cisco would not create much more value than the current share price. With CEO John Chambers' likely retirement next year, however, Citi thinks the Cisco board is likely to at least entertain the option of a split. The firm sees a low probability of a breakup taking place and keeps a Sell rating on Cisco shares. Citi upped its price target for the stock to $22 from $20.50. Citi's analysis of Cisco follows breakup decisions by HP (HPQ) and JDSU (JDSU) and Bloomberg's report this morning that Symantec (SYMC) is in advanced talks to split into two separate companies. This report corrects the rating on Cisco shares to Sell.
07:46 EDTGOOGcomScore well positioned for change, says Brean Capital
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06:35 EDTCSCOCisco's reorganization affects up to 25,000 employees, Business Insider reports
Cisco's reorganization of its routing and switching engineering business could affect up to 25,000 employees, reports Business Insider. Citing sources in Silicon Valley, the reorganization involves massive changes for the unit, moving from individual teams to two big overarching teams with one group focused on software and the other on hardware. Due to the changes, sources say a lot of senior employees have begun send out resumes. Reference Link
06:13 EDTMSFTNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
October 7, 2014
13:45 EDTGOOGVringo says several important events scheduled for Q4
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13:33 EDTGOOGGoogle executive says Google+ here to stay, Re/code reports
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12:50 EDTMSFTSamsung aiming for arbitration versus Microsoft, Bloomberg says
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12:45 EDTMSFTMicrosoft near deal to buy text analysis start-up for about $200M, WSJ says
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12:45 EDTMSFTMicrosoft to hold cloud event on October 20
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10:52 EDTMSFTNokia suspends handset production at Chennai facility, Reuters reports
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09:18 EDTGOOGRackspace partnership with Google positive for sentiment, says Wells Fargo
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09:03 EDTGOOGRackspace to offer managed IT services support for full Google Apps for Work
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08:03 EDTGOOGVonage announces appointment of Alan Masarek as CEO
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07:48 EDTGOOG, MSFTU.S. Chamber of Commerce to hold a discussion
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07:36 EDTCSCOCisco unlikely to split-up despite speculation, says UBS
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07:00 EDTMSFTReport says 100K Xbox Ones sold throughout China, Kotaku says
A report from Chinese video games news website 17173 said that Shanghai Media Group vice-president Zhang Dazhong accidentally noted that over 100K Microsoft Xbox One consoles sold throughout China during the first week they were launched, according to Kotaku, citing the report from 17173. Reference Link
06:52 EDTCSCOAruba Networks may be displacing Cisco in some verticals, says RBC Capital
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06:07 EDTGOOGYouTube may still be interested in programming for kids, Re/code reports
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