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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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September 19, 2014
06:00 EDTIBMStocks with implied volatility top IV index mean; AMD IBM
Stocks with implied volatility top IV index mean; AMD (AMD) 55, IBM (IBM) 61 according to iVolatility.
September 18, 2014
09:34 EDTIBMAT&T extends NetBond security services to IBM SoftLayer platform
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07:25 EDTIBMActuate to hold a webinar
Database Trends & Applications Webinar will be held on September 18 at 2 pm. Webcast Link
September 17, 2014
12:17 EDTIBMIBM cuts pay by 10% for some employees, ComputerWorld reports
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08:23 EDTIBMIBM to hold a meeting
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September 16, 2014
14:46 EDTIBMIBM launches 'Watson Analytics' tools for businesses
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07:19 EDTIBMCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
September 15, 2014
12:00 EDTIBMIBM, Yonyou announce collaboration
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07:22 EDTIBMAir Force Association to hold a conference
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07:19 EDTIBMSNIA to hold a conference
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September 9, 2014
08:03 EDTIBMAspera, EVS and Elemental deploy HD live video streaming cloud system
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