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Stock Market & Financial Investment News

News Breaks
January 23, 2013
13:12 EDTIBM, GOOG, CREE, AMD, ISRG, COH, DGX, MAPP, AGNOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday as the Dow was lifted by an advance in IBM (IBM) shares and the Nasdaq was similarly boosted by Google's (GOOG) outperformance. The S&P has been a laggard all morning, remaining near the flat line since the open, but is back in positive ground in afternoon trading... ECONOMIC EVENTS: In the U.S., the light economic calendar included the Home Price Index, which showed prices rose 0.6% in November, versus expectations for an increase of 0.7%. Also of note, the International Monetary Fund lowered its outlook for 2013 global output growth to 3.5% from 3.6%... COMPANY NEWS: IBM advanced over 5% at midday after its earnings report and guidance exceeded expectations. Google similarly reported earnings that beat consensus and price targets on its shares were raised all over The Street. Google advanced over 6% following the report... Among others reporting earnings last night and this morning, advancers included Cree (CREE), Advanced Micro Devices (AMD) and Intuitive Surgical (ISRG); decliners included Coach (COH) and Quest Diagnostics (DGX)... MAJOR MOVERS: Among the notable gainers not moving on earnings was MAP Pharmaceuticals (MAPP), which rose 58.6% to $24.71 after agreeing to be acquired by Allergan (AGN) for $25 per share. Allergan shares fell 1.2% following the announcement. Also lower were shares of Molycorp (MCP), which fell about 9% after disclosing it now sees Q4 and 1H13 production substantially lower than expected... INDICES: Near 1 pm ET, the Dow was up 67.87, or 0.49%, to 13,780.08; the Nasdaq was up 9.63, or 0.31%, to 3,152.81; and the S&P 500 was up 0.74, or 0.05%, to 1,493.30.
News For IBM;GOOG;CREE;AMD;ISRG;COH;DGX;MAPP;AGN From The Last 14 Days
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July 15, 2014
18:02 EDTGOOGAdobe, Google announce digital type breakthrough
Adobe (ADBE) announced the release of Source Han Sans, an open source typeface supporting Japanese, Chinese and Korean, as well as Latin, Greek and Cyrillic alphabets. It was developed in collaboration with Adobe’s key partner Google (GOOG) and contracted foundry partners across East Asia. Source Han Sans marks a record-breaking typeface in terms of size, scale, complexity and support for Japanese, Chinese and Korean all within the same font family. It provides designers and developers creating content for international audiences one uniform font to use in print and Web files no matter the language - eliminating the need to license multiple fonts.
17:40 EDTIBMBlackBerry slides after Apple, IBM partner on mobile enterprise
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17:35 EDTGOOGGoogle confirms Alan Mulally appointment to board
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16:51 EDTIBMBlackBerry lower by almost 5% after Apple-IBM pact
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16:50 EDTIBMApple, IBM both higher after announcing enterprise mobile partnership
In after-hours trading, Apple (AAPL) is up 1.5%, while IBM (IBM) is up 2.1%.
16:35 EDTIBMApple, IBM announce announce partnership to 'transform enterprise mobile'
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16:31 EDTIBMApple, IBM announce partnership to 'transform enterprise mobile'
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16:15 EDTGOOGGoogle appoints ex Ford CEO Alan Mulally to board, CNBC says
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16:00 EDTGOOGOptions Update; July 15, 2014
iPath S&P 500 VIX Short-Term Futures up 53c to 28.02. Option volume leaders: AAPL FB GOOG AMZN ABX DIS NFLX TWTR TSLA according to Track Data.
12:31 EDTCOHMichael Kors sinks after analysts issue bearish notes
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11:32 EDTIBMIBM volatility up and into Q2 and outlook
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11:13 EDTAGNPerrigo retreats after analyst sees limited potential buyers
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10:00 EDTGOOGOn The Fly: Analyst Initiation Summary
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09:33 EDTIBMIBM volatility up and into Q2
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08:03 EDTIBMCajamar and IBM sign 10-year applications management contract
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07:23 EDTIBMFortune to hold a conference
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07:15 EDTGOOGIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
06:15 EDTGOOGGoogle Fit may benefit remote medical care industry, DigiTimes Research says
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06:02 EDTGOOGSamsung, Nest, ARM team up for Thread wireless networking protocol
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05:44 EDTGOOGNovartis to license Google 'smart lens' technology
Novartis (NVS) announced that its eye care division Alcon has entered into an agreement with a division of Google (GOOG) to in-license its "smart lens" technology for all ocular medical uses. The agreement with Google[x], a team within Google that is devoted to finding new solutions to big global problems, provides Alcon with the opportunity to develop and commercialize Google's "smart lens" technology with the potential to transform eye care and further enhance Alcon's pipeline and global leadership in contact lenses and intraocular lenses. The transaction remains subject to anti-trust approvals. The agreement between Google and Alcon represents an important step for Novartis, across all of its divisions, to leverage technology to manage human diseases and conditions. Google's key advances in the miniaturization of electronics complement Novartis's deep pharmaceuticals and medical device expertise. Novartis aims to enhance the ways in which diseases are mapped within the body and ultimately prevented.
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