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Stock Market & Financial Investment News

News Breaks
May 4, 2012
10:25 EDTT, GOOG, DTEGY, USM, VZ, PCSSamsung's new smartphone may be available on all major carriers, Boy Genius says
Samsung's new Galaxy S III smartphone may be available on all four major U.S. cell phone carriers and a number of regional carries beginning this summer, according to Boy Genius. The publication reported that a dropdown menu that allows users to identify their carrier preference for the device includes all four major carriers, as well as MetroPCS (PCS) and U.S. Cellular (USM). Reference Link
News For GOOG;PCS;USM;T;VZ;DTEGY From The Last 14 Days
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June 23, 2015
12:08 EDTGOOGPandora down 1% after Google launches free music service
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12:05 EDTGOOGGoogle launches free, ad-supported music service in U.S.
Google (GOOG) announced via a blob post that Google Play Music now has a "free, ad-supported version" in the U.S. It stated, "Our team of music experts, including the folks who created Songza, crafts each station song by song so you don’t have to. If you’re looking for something specific, you can browse our curated stations by genre, mood, decade or activity, or you can search for your favorite artist, album or song to instantly create a station of similar music." Shares of Pandora (P) ticked lower following Google's announcement.
10:00 EDTDTEGY, TOn The Fly: Analyst Upgrade Summary
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09:36 EDTTActive equity options trading on open
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08:42 EDTVZVerizon completes acquisition of AOL
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06:25 EDTGOOGGoogle introduces the News Lab on blog
Google said on its blog that it is launching the News Lab, "a new effort at Google to empower innovation at the intersection of technology and media. Our mission is to collaborate with journalists and entrepreneurs to help build the future of media. And we’re tackling this in three ways: though ensuring our tools are made available to journalists around the world -- and that newsrooms know how to use them; by getting helpful Google data sets in the hands of journalists everywhere; and through programs designed to build on some of the biggest opportunities that exist in the media industry today. The News Lab is a global effort, with teams in the U.S., U.K., France, and Germany to start -- and we’re also powering the training and research arm of Google’s Digital News Initiative in Europe. Google has created many technologies and platforms that have engaged the media industry. As both the media landscape and technology continue to evolve, we believe we can create a more informed world if technologists and journalists work together -- and we’re excited to be part of the effort." Reference Link
06:14 EDTGOOGGetty filed a complaint against Google to EU earlier this year, WSJ reports
Getty Images complained earlier this year to European antitrust authorities that Google unfairly favors its image search service over rivals, the Wall Street Journal reports. The European Commission told Getty in early June that its concerns were valid and added Getty as an “interested third person” in its search manipulation case against the search giant, according to a document reviewed by the Wall Street Journal. Reference Link
05:41 EDTTAT&T upgraded to Buy from Neutral at UBS
UBS analyst John Hodulik upgraded AT&T (T) to Buy citing an attractive valuation at current share levels. Hodulik expects the phone giant's core domestic wireless business to show "meaningful improvement" in Q2. He also thinks financial benefits from the DirecTV (DTV) acquisition are being underappreciated by the market. Hodulik raised his price target for AT&T shares to $42 from $34. The stock was also upgraded this morning by Barclays analyst Amir Rozwadowski. AT&T shares closed yesterday up 5c to $35.04.
05:35 EDTTAT&T upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Amir Rozwadowski upgraded AT&T (T) to Overweight saying earnings estimates should move higher following the close of the DirecTV (DTV) acquisition. After visiting AT&T's headquarters, Rozwadowski believes synergies from the deal are "too material to ignore." He raised his price target for AT&T shares to $39 from $34. The stock closed yesterday up 5c to $35.04.
05:29 EDTDTEGYDeutsche Telekom upgraded to Buy from Neutral at Nomura
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June 22, 2015
18:22 EDTGOOGGoogle offers sign-ups to test GoPro virtual reality prototype
Google (GOOG) has created a sign-up page to allow "creators" -- taken to mean video content creators -- to test its "Jump" virtual reality platform. Jump uses 16 GoPro (GPRO) cameras to create virtual reality video "that you can step inside of." Content creators selected by Google will get access to the platform beginning this summer. Reference Link
17:42 EDTVZVerizon offers raises to 38K employees
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16:44 EDTVZVerizon names Scott Krohn as Treasurer
Fran Shammo, CFO, Verizon (VZ), announced that Scott Krohn will join Verizon on July 6 as Treasurer, succeeding Matt Ellis, who was previously appointed to lead Finance in Verizon's Operations organization. Before joining Verizon, Krohn VP - Tax and Treasurer at 3M Company (MMM), where for the last three years his areas of focus included capital structure strategy and execution, pension asset management, financial risk management, and more recently tax planning and governance. Prior to this, Krohn worked for almost 15 years at Ford Motor Company, where he held a number of finance leadership positions in the U.S. and overseas, with his most recent roles there focusing on financial strategy and debt capital markets.
15:04 EDTDTEGYT-Mobile could abandon DISH for Comcast, Forbes contributor says
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14:42 EDTGOOGOculus potential not reflected in Facebook's stock price, Piper Jaffray says
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12:12 EDTGOOGUS Supreme Court rejects Google patent appeal over Street View, Reuters says
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09:40 EDTTActive equity options trading on open
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08:02 EDTGOOGTransphorm announces new $70M investment led by KKR
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07:31 EDTGOOGFacebook catching up to YouTube in video ads, Reuters says
Facebook (FB) is gaining market share on Google's (GOOG) YouTube in online video advertising, reports Reuters, citing a published Ampere Analysis report. Reference Link
June 21, 2015
14:49 EDTGOOGRaven shares may rally in next couple years, Barron's says
The recent selloff in Raven (RAVN) shares "looks like an opportunity," and the company's stock could rally over the next couple years, Barron's contends in its 'Sizing Up Small Caps' column. Barron's notes that the company has partnered with Google (GOOG) to develop high-altitude balloons for the experimental Project Loon, which, if expanded into a full project, could signal a boost for Raven. Reference Link
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