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Stock Market & Financial Investment News

News Breaks
November 23, 2012
08:30 EDTKNXA, IBMKenexa enters into MOU settling action related to IBM deal
Kenexa Corporation (KNXA) announced the entering into of a Memorandum of Understanding to settle a derivative action and purported class action complaint that was filed in the Court of Common Pleas of Chester County, Pennsylvania, in connection with the proposed acquisition of Kenexa by International Business Machines Corporation (IBM). The settlement of the lawsuit is subject to definitive documentation and court approval. In connection with the Memorandum of Understanding, Kenexa’s board of directors adopted a resolution granting all Kenexa shareholders dissenters rights in connection with the merger, and Kenexa, IBM and Sub entered into an amendment to the merger agreement providing for such dissenters rights. Accordingly, Kenexa shareholders have dissenters rights as provided by Pennsylvania law in connection with the merger. In order to provide Kenexa’s shareholders with time to consider the amendment to the Merger Agreement and to evaluate, and provide timely notice of their intention to exercise, their dissenters rights with respect to the merger, Kenexa has agreed to postpone its previously scheduled special shareholder meeting in connection with the merger. The special shareholder meeting for Kenexa originally scheduled for November 29 will be held on December 3 starting at 10:00 a.m., local time.
News For KNXA;IBM From The Last 14 Days
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May 21, 2013
06:14 EDTIBMStocks with implied volatility below IV index mean; IBM ARUN
Stocks with implied volatility below IV index mean; IBM (IBM), Aruba Networks (ARUN) according to IVolatility.
May 20, 2013
07:42 EDTIBMCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
06:07 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
Stocks with implied volatility below IV index mean; IBM (IBM), First Solar (FSLR) according to IVolatility.
May 17, 2013
06:27 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
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May 16, 2013
05:55 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
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May 15, 2013
16:55 EDTIBMBerkshire Hathaway gives quarterly update on stakes
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08:05 EDTIBMIBM announces three-year agreement iwth L'Oreal USA
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06:16 EDTIBMStocks with implied volatility below IV index mean; RAX MBI
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May 14, 2013
06:00 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
Stocks with implied volatility below IV index mean; IBM (IBM), First Solar (FSLR) according to IVolatility.
May 13, 2013
07:31 EDTIBMBrightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.
07:30 EDTIBMTechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.
07:09 EDTIBMCisco finds difficulties as it diversifies, WSJ reports
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06:11 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
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06:05 EDTIBMOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports.
May 10, 2013
06:30 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
Stocks with implied volatility below IV index mean; IBM (IBM), First Solar (FSLR) according to IVolatility.
May 9, 2013
07:34 EDTIBMSimon Graduate School of Business to hold a conference
2013 Simon NYC Conference is being held in New York on May 9.
06:04 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
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May 8, 2013
09:50 EDTIBMPacific Crest has more questions than answers on Fusion-io
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06:10 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
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