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Stock Market & Financial Investment News

News For ZIOP;LVLT;QCOM;BCS;VAL;KORS;AVP;FB;NTWK;BYD;FOSL From The Last 14 Days
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September 18, 2014
07:26 EDTQCOM, FOSLGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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07:06 EDTFBFacebook volatility low into Alibaba IPO
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06:39 EDTBCSEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
06:24 EDTAVPCiti defends recent downgrade of Avon Products
Citigroup says that following investor pushback, it is defending its September 8 downgrade of Avon Products to Neutral. The firm says it is comfortable with below consensus estimates given the recent strengthening of the U.S. dollar relative to several currencies. Citi adds that it has less confidence in Avon's turnaround following the departure of CFO Ross. It keeps a Neutral rating on the stock with a $15 price target.
06:19 EDTLVLTLevel 3 initiated with an Overweight at JPMorgan
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September 17, 2014
15:46 EDTLVLTApple using own CDN, not Akamai, Level 3, for iOS 8, StreamingMediaBlog says
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10:16 EDTLVLTFollow-up: Level 3 upgraded at DA Davidson
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10:04 EDTFBDiscover rumored to be eyed as target by Apple, Bank Innovation says
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09:57 EDTLVLTLevel 3 upgraded to Buy from Neutral at DA Davidson
09:40 EDTFBFacebook polishing micro-sharing app 'Moments', TechCrunch reports
Facebook is polishing a new app codenamed "Moments" for micro-sharing for a select group of friends, reports TechCrunch. According to multiple sources, including who has seen a live internal version of the app, the design features a grid with a few tiles, each representing a set of close family or friends. The goal is to make selective sharing much faster than the main Facebook app. Reference Link
07:43 EDTBCSBarclays, NY AG spar over fraud allegations, Reuters reports
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07:35 EDTBYDImperial Capital to hold a conference
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06:19 EDTQCOMGoogle picks former Qualcomm exec to head Google Fiber, WSJ reports
Google (GOOG) has hired Dennis Kish, a former Qualcomm (QCOM) executive, to head Google Fiber, replacing Milo Medin, the Wall Street Journal reports. A Google spokeswoman confirms that Medin remains a VP for access services and adviser to the Google Fiber team. Reference Link
September 16, 2014
17:03 EDTBYDBoyd Gaming reaffirms FY14 total adjusted EBITDA view $580M-$600M
17:02 EDTBYDBoyd Gaming COO Paul Chakmak to leave company
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14:44 EDTBCSVirginia AG files $1.15B lawsuit against banks that sold RMBS during crisis
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09:36 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NFLX TSLA YHOO FB PBR MU AA TWTR WMT
07:19 EDTQCOMCompanies' 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
07:19 EDTFBFacebook engagement metrics remain strong, says JPMorgan
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06:41 EDTQCOMQualcomm accused of bribing Chinese official, WantChinaTimes says
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