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Stock Market & Financial Investment News

News For KMB;JAH;V;CLX;ACTV;IBM;DELL;FB;T;INTC;KO;MA;YHOO From The Last 14 Days
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June 30, 2015
08:00 EDTTGTT Communications, AT&T sign long-term interconnection agreement
GTT Communications (GTT) and AT&T (T) have signed a long-term, bilateral agreement for their IP networks. As the Internet continues to evolve, collaborations between Internet providers facilitate the dynamic, robust and reliable exchange of Internet traffic. “We are pleased that our agreement with AT&T provides our clients with additional capacity,” said Rick Calder, GTT President and CEO. “We continue to work with AT&T to expand a secure and resilient interconnection environment so our clients can depend on the reliability and performance of GTT’s high-capacity network.”
07:08 EDTFBGoogle apps take up nearly as much user time as Facebook’s apps, WSJ says
A study released by Forrester Research suggests that U.S. smartphone users in late 2014 spent roughly 12% of their time in Google (GOOG) apps, just below the 13% spent on Facebook (FB) apps, the Wall Street Journal reports. The time spent on Google apps is likely to be “much higher” since respondents were only asked to list apps they downloaded and the time spent on them, excluding apps pre-loaded on certain Google phones, the report says. The same is true of Apple’s (AAPL) apps, amounting to 3% of users time, the report says. Reference Link
05:59 EDTIBM, INTCGartner: Worldwide IT spending on pace to decline 5.5% in 2015
Worldwide IT spending is on pace to total $3.5T in 2015, a 5.5% decline from 2014, according to the latest forecast by Gartner, Inc. Analysts attribute the decline to the rising U.S. dollar. In constant-currency terms, the market is projected to grow 2.5%. In Gartner's previous forecast in April, it had forecast IT spending to decline 1.3% in U.S. dollars and grow 3.1% in constant currency. "We want to stress that this is not a market crash. Such are the illusions that large swings in the value of the U.S. dollar versus other currencies can create," said John-David Lovelock, research vice president at Gartner. "However, there are secondary effects to the rising U.S. dollar. Vendors do have to raise prices to protect costs and margins of their products, and enterprises and consumers will have to make new purchase decisions in light of the new prices." Communications services will continue to be the largest IT spending segment in 2015 with spending at nearly $1.5T. However, this segment is also experiencing the strongest decline among the five IT sectors. In the device market, mobile phones continue to be the leading segment, with growth in Apple phones, especially in China, keeping overall phone spending consistent. However, overall smartphone unit growth will start to flatten. The PC and tablet market continues to weaken. The expected 10 percent increase in average PC pricing in currency-impacted countries is going ahead, delaying purchases even more than expected. Excessive PC inventory levels, especially in Western Europe, need to be cleared, which will delay Windows 10 inventory in the second half of the year. Within the data center systems segment, storage and network markets are both expected to see weaker growth in U.S. dollar terms as a result of the appreciation of the U.S. dollar. Reference Link
05:58 EDTINTCIntel 28nm SoFIA 4G AP delayed to early 2016, DigiTimes reports
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June 29, 2015
17:25 EDTTAT&T, DirecTV elect to further extend merger termination date
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16:00 EDTFBOptions Update; June 29, 2015
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15:32 EDTTDoubtful that FCC votes on AT&T, DirecTV deal this week, CTFN says
Sources said it is looking "increasingly doubtful" that the FCC will vote this week on the proposed merger between AT&T (T) and DirecTV (DTV), according to CTFinancialNews. Reference Link
11:03 EDTINTCAnalyst says sell Qualcomm ahead of predicted price cuts
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09:35 EDTFBActive equity options trading on open
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07:13 EDTFBGoogle, Facebook competing heavily in video market, NY Post says
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06:08 EDTINTCIntel estimates lowered at Pacific Crest
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06:05 EDTIBMNotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 28, 2015
12:47 EDTFBTech sector earnings 'melt away' when accounting for stock comp, Barron's says
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June 26, 2015
16:16 EDTINTCOn The Fly: Top stock stories for Friday
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16:00 EDTKO, INTC, T, FBOptions Update; June 26, 2015
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14:55 EDTTArista Networks may have won deal with AT&T, says MKM Partners
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13:51 EDTFBFacebook updates iPhone app, making it easier to find, share links
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13:18 EDTTCWA ratifies contract for AT&T wireline workers in Midwest region
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11:09 EDTYHOOYahoo July volatility at low end of 52-week range as shares pullback
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10:00 EDTYHOO, FBOn The Fly: Analyst Initiation Summary
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