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Stock Market & Financial Investment News

News Breaks
May 20, 2014
07:03 EDTLOCKLifeLock pullback brings buying opportunity, says Deutsche Bank
Deutsche Bank believes the overall effect on LifeLock's business from the suspension of the Wallet application will be limited since the company's core offering is unaffected by the announcement. Deutsche notes that no data was compromised and that LifeLock reaffirmed its guidance. The firm views yesterday's sell-off as a buying opportunity and keeps a Buy rating on the stock with a $30 price target.
News For LOCK From The Last 14 Days
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July 22, 2015
10:26 EDTLOCKOptions with increasing implied volatility
Options with increasing implied volatility: LOCK DUST JNUG CHK LINE LNCO CNX ABX GG GDX
10:01 EDTLOCKOn The Fly: Analyst Downgrade Summary
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07:43 EDTLOCKLifeLock situation is redeemable, says Canaccord
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07:31 EDTLOCKLifeLock downgraded on lack of visibility of FTC action at RBC Capital
As noted earlier, RBC Capital downgraded LifeLock to Sector Perform from Outperform. As reasons for the downgrade, the firm cited a lack of visibility into the company's potential liability from the FTC action and operational changes that could result from the action. The firm also believes that the company has limited catalysts over the next year beyond results that may beat expectations. RBC says that the market has historically ignored the company's better than expected results. Target to $11 from $20.
07:22 EDTLOCKLifeLock downgraded to Sector Weight from Overweight at Pacific Crest
Pacific Crest analyst Josh Beck downgraded LifeLock to Sector Weight saying the focus of investors may shift from fundamentals to legal risks following the FTC's lawsuit. He sees a balanced risk/reward at current share levels. LifeLock was also downgraded this morning at RBC Capital and Wunderlich.
07:16 EDTLOCKLifeLock downgraded to Sector Perform from Outperform at RBC Capital
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06:27 EDTLOCKLifeLock downgraded to Hold from Buy at Wunderlich
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05:22 EDTLOCKStocks with implied volatility movement; LOCK ESRX
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July 21, 2015
16:28 EDTLOCKOn The Fly: Top stock stories for Tuesday
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15:41 EDTLOCKIntersections up 12% to $2.55 after FTC takes action against LifeLock
Shares of small-cap Intersection (INTX), which provides consumer and corporate identity risk management services, are rising in afternoon trading after a competitor in the identity protection area, LifeLock (LOCK), was accused by the FTC of violating a 2010 settlement with the agency and state attorneys general by making deceptive claims about its services.
15:37 EDTLOCKLifeLock weakness an overreaction, says Dougherty
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15:33 EDTLOCKLifeLock shares defended at Dougherty
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14:48 EDTLOCKLifeLock trading resumes, shares down 35%
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14:44 EDTLOCKLifeLock 'disagrees with the substance of the FTC’s contentions'
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14:38 EDTLOCKLifeLock says 'prepared to take case to court,' CNBC reports
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14:23 EDTLOCKLifeLock halted, news pending
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14:18 EDTLOCKLifeLock resumes trading, shares down 32%
14:12 EDTLOCKLifeLock trading halted due to circuit breaker
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14:06 EDTLOCKLifeLock down over 10% after report of FTC actions
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14:04 EDTLOCKFTC takes action against LifeLock for alleged violations of 2010 order
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