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Stock Market & Financial Investment News

News Breaks
December 28, 2012
16:28 EDTCALL, BKS, OMER, FB, HPQ, AEZS, PSOOn The Fly: Closing Wrap
Stocks on Wall Street finished lower on the day after news out of Washington late in the session said that President Obama did not make a new offer in fiscal cliff talks. The averages opened the session lower, and briefly ticked higher following reports that Obama would offer a scaled-back budget package, but the markets then drifted lower through the session before a late session selloff that saw the averages close at their lows... ECONOMIC NEWS: In the U.S., the December Chicago PMI came in at 51.6 vs. expectations for a 51.0 reading. November Pending Home Sales were up 1.7% against the previous month, against expectations for a 1.8% rise. Crude Oil Inventories came in at a 586k draw vs. expectations for a 1.75M draw, and gasoline inventories increased 3.78M barrels vs. expectations for an 850k barrel increase. The weekly EIA natural gas report was in-line with expectations for a 72Bcf draw... COMPANY NEWS: Hewlett-Packard (HPQ) disclosed in its 10k filing last night that the Department of Justice has begun an investgiation into the company's acquisition of Autonomy, and shares of HP lost 36c, or 2.56%, to $13.68... Barnes & Noble (BKS) announced that Pearson (PSO) had signed an agreement with its NOOK unit to invest $89.5M in cash in the unit. Barnes & Noble also said that its holiday sales results would fall short of expectations, but shares of the bookseller opened higher and gained 62c, or 4.32%, to $14.97... Facebook (FB) opened sharply lower after a report by data analytics firm AppData said that the company-owned app Instagram lost 25% of its users following a change in its terms of service. An Instagram spokesperson later said the report's data was inaccurate, and shares of Facebook pared most of their losses to close down 14c, or 0.54%, to $25.91... MOVERS: Among notable gainers was magicJack (CALL), up $1.67, or 10.26%, to $17.95 after naming a new CEO and saying that it expects its FY12 results to exceed expectations. Also higher were shares of Aeterna Zentaris (AEZS), up 30c, or 13.82%, to $2.47 after it announced an agreement with the FDA regarding a Special Protocol Assessment for an upcoming phase 3 trial. Among noteworthy losers were shares of Omeros Corporation (OMER), down 52c, or 8.9%, to $5.32 after the company reported last night that a phase 3 clinical trial did not meet all endpoints, though shares were defended at Wedbush... INDICES: The Dow was down 158.2, or 1.21%, to 12,938.11; the Nasdaq was down 25.60, or 0.86%, to 2,960.31; the S&P was down 15.67, or 1.1%, to 1,402.43.
News For HPQ;BKS;PSO;FB;CALL;AEZS;OMER From The Last 14 Days
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May 21, 2015
08:11 EDTHPQHP to sell 51% of China unit for $2.3B
HP and Tsinghua Holdings jointly announced a partnership that will bring together Chinese enterprise technology assets of Hewlett-Packard and China's prestigious Tsinghua University to create the leading Chinese provider of technology infrastructure. Under the definitive agreement, Tsinghua Holdings subsidiary, Unisplendour Corporation, will purchase a 51% stake in a new business called H3C, comprising H3C Technologies and HP's China-based server, storage and technology services businesses, for approximately $2.3B, valuing the total business at $4.5B.
08:06 EDTHPQHP announces partnership with Tsinghua Holdings
HP and Tsinghua Holdings jointly announced a partnership that will bring together Chinese enterprise technology assets of Hewlett-Packard and China's prestigious Tsinghua University to create the leading Chinese provider of technology infrastructure. Under the definitive agreement, Tsinghua Holdings subsidiary, Unisplendour Corporation, will purchase a 51% stake in a new business called H3C, comprising H3C Technologies and HP's China-based server, storage and technology services businesses, for approximately $2.3B, valuing the total business at $4.5B. Combining these two entities, the new H3C will be a technology powerhouse in China with a market-leading portfolio that will be #1 in networking and a leader in servers, storage and technology services.
08:02 EDTFBDuPont Fabros expands relationship with Facebook at ACC7 data center
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06:06 EDTHPQHP to sell stake in Chinese data-networking operation, WSJ reports
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May 20, 2015
16:00 EDTFBOptions Update; May 20, 2015
iPath S&P 500 VIX Short-Term Futures up 3c to 19.19. Option volume leaders: AAPL AAL YHOO DAL FB BABA UAL BAC TWTR LUV C TSLA GE MU
14:04 EDTFBFacebook acquires web publisher tool maker Tugboat Yards
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09:36 EDTFBActive equity options trading on open
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08:45 EDTHPQHewlett-Packard volatility elevated into Q2 and outlook
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May 19, 2015
16:01 EDTFBOptions Update; May 19, 2015
iPath S&P 500 VIX Short-Term Futures down 27c to 19.17. Option volume leaders: AAPL BAC WMT MSFT FB TWTR MNKD NFLX T PBR
12:55 EDTHPQPC related stocks struggle after Morgan Stanley says PC turn won't come until Q3
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09:37 EDTFBActive equity options trading on open
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06:36 EDTHPQHP sued by MicroTech for $16.5M for 'unfairly taking advantage'
In a lawsuit filed Monday with the United States District Court for the Northern District of California in San Francisco, Virginia technology company MicroTech accuses Hewlett Packard and the software maker it now owns, Autonomy, of unfairly taking advantage by refusing to return $16.5M in cash paid to Autonomy for software never delivered in a fashion where it could be re-sold. During a national telephonic press conference, Lanny J. Davis, a Washington, D.C. attorney advising MicroTech, described the core allegation in the breach of contract case filed against HP: "Regardless of whether HP was defrauded by Autonomy, or whether HP's over-payment for Autonomy was a product of a possible due diligence failure, in my opinion, HP is not entitled to keep both MicroTech's money AND Autonomy's software that MicroTech duly purchased," Davis said.
06:24 EDTHPQHP to sell controlling stake in H3C unit to Tsinghua Unigroup, Reuters reports
HP will sell its 51% stake in H3C, its China-based computing unit, to Tsinghua Unigroup, Reuters reports, citing comments from a spokesperson for the Chinese private-equity fund's parent company. Terms have not been disclosed, but the spokesperson says he believes the deal will be completed in the coming days. Reference Link
May 18, 2015
16:00 EDTFBOptions Update; May 18, 2015
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14:15 EDTHPQHewlett-Packard volatility elevated into Q2 and outlook
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11:16 EDTFBFacebook says move to digital ads from TV and print is 'in early days'
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10:37 EDTFBFacebook ramps up interest in games, The Information reports
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09:36 EDTFBActive equity options trading on open
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08:22 EDTFBVerizon deal has multiple positive catalysts, says Wells Fargo
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07:27 EDTFBJPMorgan to hold a conference
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