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Stock Market & Financial Investment News

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January 13, 2014
04:55 EDTJWN, JWN, JWN, WIT, WIT, WIT, SNE, SNE, SNE, SPLS, SPLS, SPLS, INFY, INFY, INFY, ORCL, ORCL, ORCL, CSCO, CSCO, CSCO, EBAY, EBAY, EBAY, MSFT, MSFT, MSFT, FDO, FDO, FDO, WAG, WAG, WAG, SAP, SAP, SAP, IBM, IBM, IBM, M, M, M, FL, FL, FL, JDAS, JDAS, JDAS, MA, MA, MANational Retail Federation to ho ld a convention
NRF 103rd Annual Convention & Expo 2014 is being held in New York on January 12-15.
News For JWN;JDAS;FL;M;IBM;SAP;WAG;FDO;MSFT;EBAY;CSCO;ORCL;INFY;SPLS;SNE;WIT;MA From The Last 14 Days
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March 17, 2015
07:01 EDTEBAYeBay launches Sotheby's live auctions experience
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06:42 EDTEBAYeBay to start selling Sotheby items today, NY Times says
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06:13 EDTFLFoot Locker analyst day removes uncertainty, says Citigroup
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06:04 EDTFLFoot Locker to exit Lady Foot Locker business slowly, TheStreet says
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05:55 EDTSNEVAIO expected to become strong competitor to Sony smartphones, DigiTimes says
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March 16, 2015
17:04 EDTFLFoot Locker announces updated strategic priorities
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17:02 EDTFLFoot Locker raises long term financial objectives
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12:56 EDTIBMIBM protest of Army contract an incremental negative for CACI, says Maxim
According to a Washington Technology article, IBM (IBM) successfully protested a $158M Army-payroll contract awarded to CACI (CACI). Maxim expects the contract to be re-evaluated and for CACI to still prevail and win, but the revenue ramp will take longer than previously anticipated. The firm rates CACI a Buy with a $101 price target.
12:54 EDTIBMContract awarded to CACI protested by IBM, Washington Technology reports
A $158M Army payroll and personnel contract that was awarded to CACI (CACI) has been successfully protested by IBM (IBM) and the contract has been dismissed, Washington Technology reports. Reference Link
12:36 EDTORCLOracle March volatility increases into Q3 and outlook
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10:50 EDTMAMasterCard, Itau Unitbanco announce new 20-year agreement
Itaś (ITUB) and MasterCard (MA) announced today the signing of a new 20-year agreement that further strengthens the long-term relationship between the two companies. As part of the agreement, Itaś and MasterCard will establish and operate a new electronic payments network in Brazil. In addition, Itaś will issue payment solutions including credit, debit and pre-paid cards as part of the newly created payments network and focus on enhancing the efficiency of their payment value chain. MasterCard will be responsible for managing the operations of the new network and transaction routing.
10:21 EDTCSCOVicor says SynQor power converter claims held to be invalid
In a unanimous decision, the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., on March 13 issued a ruling invalidating key claims of a power converter patent asserted by SynQor Inc. against Vicor Corporation (VICR) and Cisco Systems (CSCO) in litigation currently pending in the United States District Court for the Eastern District of Texas. Reversing a decision of the United States Patent and Trademark Office, the Federal Circuit agreed with Vicor that prior art anticipated certain claims of SynQor's 7,072,190 patent and ordered the USPTO to reconsider the obviousness of the remaining claims. Commenting on the decision, Dr. Patrizio Vinciarelli, Vicor's CEO, stated, "The Federal Circuit decision turns the tables on SynQor, which resorted to attacking competitors and customers with bogus intellectual property after failing in the marketplace with its inferior bus converters. As a company founded on innovation, Vicor respects legitimate IP interests of others. However, Vicor will confront abusive IP litigation where, as here, illegitimate claims are asserted to suppress competition from superior products known not to infringe." Vicor has asserted counterclaims against SynQor. In its counterclaims, Vicor seeks damages for unfair and deceptive trade practices and tortious interference engaged in by SynQor as part of its campaign to discourage customers from using Vicor's superior products so as to monopolize the bus converter market. Vicor will hold SynQor, and its principals, accountable for damages they have intentionally caused.
09:46 EDTSAPAccenture and SAP selected by CenterPoint Energy to develop analytics solution
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09:03 EDTMSFTMicrosoft price target lowered to $49 from $52 at UBS
UBS lowered its price target on Microsoft to $49 from $52 citing lower PC demand and foreign exchange headwinds. UBS reiterated its Buy rating on Microsoft shares.
07:32 EDTCSCO, MSFT, ORCLUBM Tech to hold a conference
Enterprise Connect 2015 is being held in Orlando, Florida on March 16-19.
07:10 EDTMAWEX Inc. to receive MasterCard issuing license in Australia
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06:09 EDTCSCOStocks with implied volatility below IV index mean; CSCO QCOM
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05:21 EDTWITWipro appoints Abid Ali Neemuchwala as COO
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March 15, 2015
19:12 EDTSNEDisney's 'Cinderella' takes top spot at domestic weekend box office with $70.1M
Rentrak (RENT) announced the official domestic weekend box office estimates for the weekend of March 15, as compiled by the company's theatrical measurement services. Disney's (DIS) "Cinderella" took the top spot at the domestic weekend box office with $70.1M: Warner Bros' (TWX) "Run All Night" took the second spot at the box office with $11M; 20th Century Fox's (FOX, FOXA) "Kingsman: The Secret Service" took third with $6.2M; Warner Bros' "Focus" took the fourth spot at the box office with $5.8M and Sony's (SNE) "Chappie" took fifth place with $5.8M.
16:14 EDTIBMBlackBerry collaborates with IBM, Samsung on SecuTABLET
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