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Stock Market & Financial Investment News

News Breaks
April 1, 2013
10:03 EDTLNKD, AOL, YELP, YHOO, GOOGLinkedIn price target hiked on ad sales prospects
LinkedIn (LNKD) shares are rising slightly after Piper Jaffray analyst Brian Pitz increased his price target on the shares to $215 from $175 in a note to clients earlier today. WHAT'S NEW: The company should be able to sell more advertising as it has added more content to its website, Pitz contended. The new content will drive more traffic to the website and give marketers more venues in which to advertise, the analyst believes. Meanwhile, customers of the website's Talent Solutions products probably increased their utilization of the products in previous months, ahead of a price hike that takes effect today, Pitz wrote. OTHERS TO WATCH: Other companies that may benefit from a stronger Internet ad environment include AOL (AOL), Yahoo (YHOO), Google (GOOG) and Yelp (YELP). TODAY'S PRICE ACTION: In early trading, LinkedIn added 0.1% to $176.26.
News For LNKD;AOL;YELP;YHOO;GOOG From The Last 14 Days
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October 8, 2014
09:48 EDTGOOGGoogle says new movies can be pre-ordered, watched on first day of availibility
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07:46 EDTGOOGcomScore well positioned for change, says Brean Capital
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06:19 EDTYHOOYahoo lays off 400 employees in India, WSJ reports
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October 7, 2014
13:45 EDTGOOGVringo says several important events scheduled for Q4
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13:33 EDTGOOGGoogle executive says Google+ here to stay, Re/code reports
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10:02 EDTYHOOYahoo volatility at low end of one-year range
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09:40 EDTYHOOYahoo lays off up to 2,000 employees in India, TechCrunch reports
Yahoo has laid off up to 2,000 employees in India as a result of a move to consolidate into fewer offices, TechCrunch reports, citing local blog The Next Big What. Yahoo has confirmed the consolidation, but did not confirm how many people are affected by the effort. Reference Link
09:24 EDTAOL, YHOOFormer Yahoo CFO says AOL merger makes 'little sense,' CNBC reports
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09:18 EDTGOOGRackspace partnership with Google positive for sentiment, says Wells Fargo
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09:03 EDTGOOGRackspace to offer managed IT services support for full Google Apps for Work
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08:31 EDTAOLAOL names Dermot McCormack as president of AOL Video and AOL Studios
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08:03 EDTGOOGVonage announces appointment of Alan Masarek as CEO
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07:48 EDTGOOGU.S. Chamber of Commerce to hold a discussion
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06:07 EDTGOOGYouTube may still be interested in programming for kids, Re/code reports
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October 6, 2014
13:18 EDTYHOOYahoo confirms compromised servers
In an email to cyber security expert Jonathan Hall, Yahoo confirmed that Hall had discovered the process that a group of Romanian hackers used to infiltrate the website. Hall had also found the hackers' methods for their breach of the websites of WinZip and Lycos. The email written by Yahoo's Ricky Connell who is involved with the company's paranoids, threat response, intelligence said, "We've found the tracks mentioned in your email and are working through our IR process." Reference Link
12:34 EDTYHOOYahoo confirms breach, says hack didn't disclose customer data, Bloomberg says
Bloomberg cites an emailed statement from Yahoo about a breach of its servers related to the "shellshock" bug.
06:45 EDTLNKDLinkedIn avoiding problems in China, NY Times reports
LinkedIn has avoided difficulties in China by compromising on freedom of speech issues and enabling two well-connected local venture capital firms to take a 7% stake in its Chinese business, according to The New York Times. Reference Link
06:37 EDTYHOOYahoo planning big brand marketing push, AdAge says
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06:21 EDTGOOGMicrosoft 2015 solution may not help suppress Chromebook growth, DigiTimes says
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06:08 EDTYHOOYahoo in talks to invest in Snapchat, WSJ reports
Yahoo (YHOO) is reportedly in talks to invest in Snapchat, the Wall Street Journal reported on Friday. The deal discussions come on the heels of Alibaba’s (BABA) IPO, the Journal says. According to sources, Yahoo has committed to an investment in Snapchat at a $10B valuation, and one source says Yahoo could invest around $20M. Reference Link
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