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Stock Market & Financial Investment News

News Breaks
January 7, 2014
04:55 EDTINTC, INTC, QCOM, QCOM, CZR, CZR, P, P, LBTYA, LBTYAISI Group to hold events at CES 2014
ISI Group Events to be held at CES 2014 in Las Vegas on January 7-8.
News For INTC;QCOM;CZR;P;LBTYA From The Last 14 Days
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March 26, 2015
07:24 EDTPWells Fargo to hold a forum
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06:05 EDTINTCIntel to partner with notebook makers for Chromebook 2-in-1s, DigiTimes says
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March 25, 2015
19:21 EDTPApple, Beats working on streaming music service to rival Spotify, NY Times says
Apple (AAPL) is working with Beats to introduce a subscription streaming service to compete directly with services such as Spotify, according to the New York Times, citing people briefed on the company’s plans. Additionally, Apple is expected to overhaul iTunes Radio, the free service that competes with Pandora (P), the Times added. Reference Link
07:33 EDTQCOMQualcomm Life and AMC Health announce collaboration
Qualcomm Life, a subsidiary of Qualcomm, and AMC Health announced a collaborative effort to accelerate the transformation of chronic care and population health management by significantly enhancing connectivity and care coordination for at-risk patients, specifically those with heart failure, hypertension, diabetes, asthma or COPD, in a cost-effective manner. The companies will integrate Qualcomm Life's 2net Connectivity Platform with AMC Health's CareConsole care coordination platform.
March 24, 2015
09:37 EDTINTCHouse Energy & Commerce Committee to hold a hearing
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08:43 EDTPBullish Pandora argument 'not compelling,' says FBR Capital
FBR Capital believes the bullish argument that Pandora's earnings could support the stock under a SoundExchange Copyright Royalty Board victory scenario is "not compelling." FBR sees a "high probability" that rates are set well above current levels, which it views as a potential "meaningful headwind" for Pandora shares. It keeps an Underperform rating on the name with an $11 price target. It believes SoundExchange has the "inside track" in the CRB proceeding.
08:35 EDTCZRSpecial examiner may force bankruptcy for Caesars Growth Partners, NY Post says
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March 23, 2015
16:00 EDTPAmazon adds Pandora-like stations to Prime Music app, The Verge reports
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15:18 EDTCZRCaesar's volatility at seven month lows
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March 22, 2015
16:42 EDTINTCChip equipment slowdown may not be as bad as first thought, WSJ says
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March 20, 2015
07:24 EDTINTCBroadcom chip renews competition with in-house hardware makers, WSJ says
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06:47 EDTCZRCreditors dispute 'inside deals' surrounding Caesars loyalty program, WSJ says
Caesars Entertainment's (CZR) customer loyalty program has been valued at $1B by creditors, who alleged in lawsuits surrounding its January bankruptcy that the Caesars parent company and majority stake holder Apollo (APO) made several improper deals designed to keep the loyalty unit inaccessible to creditors, reports the Wall Street Journal. Fitch Ratings analyst Alex Bumazhny now calls a swift bankruptcy process "increasingly unlikely," while the presiding judge gave additional scope last week to investigate the disputed deals. Reference Link
March 19, 2015
10:46 EDTINTCChinese firms using IBM technology in server chips, WSJ says
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09:02 EDTINTCIntel, Google, TAG Heuer announce Swiss smartwatch collaboration
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08:40 EDTINTCIntel Capital in talks to invest in Indian streaming service, TechCrunch says
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March 18, 2015
10:00 EDTPOn The Fly: Analyst Upgrade Summary
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09:23 EDTPOn The Fly: Pre-market Movers
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07:15 EDTCZRCaesar's says disputes raise 'substantial doubt' about 'going concern' status
Caesar's stated in a regulatory filing after the close Monday that the company is subject to currently pending or threatened litigation and demands for payment by certain creditors asserting CEC is obligated under the former parent guarantee of certain CEOC defaulted debt. The litigation pending against CEOC, and in certain cases against CEC and its other subsidiaries, have been stayed due to the Chapter 11 bankruptcy process, however, certain litigation and the demands against CEC are continuing outside of the Chapter 11 bankruptcy process. "We believe that the Litigation claims and Demands against CEC are without merit and intend to defend ourselves vigorously. At the present time, we believe it is not probable that a material loss will result from the outcome of these matters," Caesar's stated. The noteholder disputes are in their very preliminary stages and discovery has begun on the unsecured note lawsuits, the company noted. "Should these matters ultimately be resolved through litigation outside of the CEOC Financial Restructuring, and were a court to find in favor of the claimants in any of these Noteholder Disputes, such determination could have a material adverse effect on our business, financial condition, results of operations, and cash flows. Accordingly, we have concluded that the material uncertainty related to certain of the Litigation proceeding against CEC raises substantial doubt about the company’s ability to continue as a going concern," Caesar's added.
06:28 EDTPPandora upgraded to Buy from Fair Value at CRT Capital
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05:52 EDTQCOMQualcomm to play larger role for China smartphone production, DigiTimes says
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