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Stock Market & Financial Investment News

News Breaks
April 18, 2013
15:28 EDTCYN, VMI, ISRG, MSFT, ALGN, CBST, CE, COF, GOOG, AMD, ETFC, CYT, CMG, IBM, CPHDNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Google (GOOG), consensus $10.69; Microsoft (MSFT), consensus 68c; IBM (IBM), consensus $3.05; Capital One (COF), consensus $1.60; Intuitive Surgical (ISRG), consensus $3.99; Chipotle Mexican Grill (CMG), consensus $2.14; Celanese (CE), consensus 80c; Valmont Industries (VMI), consensus $2.52; Cytec Industries (CYT), consensus 86c; Cubist Pharmaceuticals (CBST), consensus 31c; City National (CYN), consensus 92c; E*TRADE (ETFC), consensus 12c; Align Technology (ALGN), consensus 22c; Cepheid (CPHD), consensus (2c); Advanced Micro Devices (AMD), consensus (17c).
News For GOOG;MSFT;IBM;COF;ISRG;CMG;CE;VMI;CYT;CBST;CYN;ETFC;ALGN;CPHD;AMD From The Last 14 Days
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March 23, 2015
06:00 EDTGOOGGoogle dives deeper into health data gathering, Financial Times reports
Google is diving deeper into the health sector, placing a series of bets that include Google Genomics and an investment in 23AndMe, reports the Financial Times. This comes after the company closed its Google Health division a few years ago and CEO Larry Page said regulations about the use of personal health data was holding back medical research. Reference Link
06:00 EDTAMD, IBMAMD's former CEO may join Dell, Re/code reports
According to sources, former AMD (AMD) CEO Rory Read is close to a deal to join Dell, Re/code reports. Read, who also previously worked at Lenovo (LNVGY) and IBM (IBM), could become COO and president for global commercial sales at Dell. An announcement may come as early as today, the sources say. Reference Link
March 22, 2015
17:07 EDTMSFT, GOOGFTC disclosures embolden potential EU Google probe, WSJ says
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March 20, 2015
09:05 EDTIBMJefferies Euro offshore IT services analyst has analyst/industry conference call
Analysts discusses the market growth in Ofshore IT Services in Continental Europe which is expected to outpace project growth in the U.S., with Cognizant Technology Solutions/EPAM Systems best positioned and IBM/Hewlett Packard disadvantaged on an Analyst/Industry conference call to be held on March 20 at 10 am.
06:16 EDTGOOG2012 antitrust report calls Google harmful to market, WSJ says
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06:04 EDTMSFT, GOOGGlobal smartphone shipments to reach 1.4B units in 2015, DigiTimes Research says
Global smartphone shipments in 2015 is expected to increase 16.4% to reach 1.40B units, reports DigiTimes Research. The shipment growth is due to higher growth in demand in emerging markets including India, Southeast Asia and Latin America. Android (GOOG) will account for 78.5% of 2015 global smartphone shipments, Apple's (AAPL) iOS 16.6%, Microsoft (MSFT) Windows 4% and BlackBerry (BBRY) 0.6%.Reference Link
March 19, 2015
15:35 EDTGOOGKey FTC staff wanted to sue Google on antitrust charges, WSJ says
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12:06 EDTMSFTMicrosoft, Fuji Xerox announce patent agreement
Fuji Xerox and Microsoft (MSFT) announced a broad patent cross-licensing agreement. Building on a 2007 cross-licensing pact, the agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each otherís patent portfolios and accelerate research and development, the companies said. Fuji Xerox is a 75-25 joint venture between FUJIFILM (FUJIY) and Xerox Corporation (XRX).
11:18 EDTGOOGeBay cut to sell by noted analyst on mounting PayPal competition
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10:46 EDTIBMChinese firms using IBM technology in server chips, WSJ says
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10:02 EDTCYTOn The Fly: Analyst Upgrade Summary
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09:04 EDTIBMIBM invests in Modernizing Medicine
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09:02 EDTGOOGIntel, Google, TAG Heuer announce Swiss smartwatch collaboration
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08:57 EDTCPHDCepheid has a conference call hosted by JPMorgan
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08:45 EDTIBMHouse Permanent Select Committee on Intelligence to hold a hearing
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06:55 EDTGOOGCertain news agencies form advertising alliance to rival Google, others, BI says
The Guardian, CNN International, The Financial Times , Reuters (TRI) and The Economist are forming an advertising alliance, called Pangaea, in hopes of rivaling Google (GOOG), Facebook (FB), Twitter (TWTR), and LinkedIn (LNKD), reports Business Insider UK. The Financial Times is owned by Pearson (PSO), The Economist Group is 50% owned by Pearson via The Financial Times, and CNN is owned by Time Warner (TWX). Reference Link
06:42 EDTGOOGSafety standards for self-driving cars remain in flux, WSJ says
A 2012 California proposal to create safety standards for self-driving cars has yet to materialize because lawmakers, regulators, researchers, and government agencies do not know how to fully assess the technology, reports the Wall Street Journal. Google and other auto makers want to verify safety themselves, but law firm TroyGould and advocacy group Auto Reliability and Safety say third party testing is necessary, while a UC Berkeley transportation expert called the issue an "open question." The National Highway Traffic Safety Administration plans to test the technology "as it emerges... to inform future federal regulation," while the California DMV stated last week it's working quickly but doesn't want to release a premature ruling. Reference Link
06:20 EDTCYTCytec Industries upgraded to Buy from Neutral at Citigroup
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05:50 EDTMSFTMicrosoft, BlackBerry raises cooperation for software products, DigiTimes says
Microsoft and Blackberry have been increasing their cooperation with other companies to promote sales of software platforms and related services, reports DigiTimes. According to industry sources, the new eefforts come after their global smartphone market edge dropped 2.8% and 0.6%, respectively. Reference Link
05:42 EDTGOOGeBay downgraded to Underweight from Neutral at Piper Jaffray
Piper Jaffray analyst Gene Munster downgraded eBay (EBAY) to Underweight, the firm's sell-equivalent rating, saying competition from Google Wallet (GOOG), Apple Pay (AAPL), Facebook (FB) and Samsung will weigh on PayPal's valuation and market share over the next three years. Munster notes shares of eBay are up 12% since the beginning of February due to optimism around the PayPal spin-out. He cut his price target for shares to $49 from $55. The online marketplace and PayPal owner closed yesterday down $1.07 to $58.42.
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