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Stock Market & Financial Investment News

News For MSFT;HPQ;DELL;WDC;STX;GOOG;FB;LNKD From The Last 14 Days
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March 2, 2015
09:14 EDTGOOGApple, Google employees asking for $415M poaching settlement, Reuters says
Silicon Valley workers alleging that Apple (APPL), Google (GOOG), Intel (INTC), and Adobe (ADBE) colluded to limit poaching will attempt on Monday to win court approval for a $415M claim, reports Reuters. A judge had rejected the previous settlement offer of $324.5M as too low, saying the settlement would need to reach at least $380M. Reference Link
09:11 EDTFBFacebook initiated with a Buy at Axiom
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09:10 EDTGOOGGoogle initiated with a Hold at Axiom
09:08 EDTGOOGGoogle+ splits Photos and Streams, Horowitz to lead both
Bradley Horowitz, a Google VP, confirmed in a Google+ post that "the rumors are true -- Iím excited to be running Googleís Photos and Streams products! Itís important to me that these changes are properly understood to be positive improvements to both our products and how they reach users." Reference Link
08:47 EDTGOOGGoogle says mobile network developments coming soon, TechCrunch says
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08:37 EDTHPQAruba Networks volatility elevated into HP acquiring for $3B
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08:36 EDTHPQHP confirms deal to acquire Aruba Networks for $24.67 per share
HP (HPQ) confirmed it has reached a definitive agreement to acquire Aruba Networks (ARUN), a provider of network access solutions for the mobile enterprise, for $24.67 per share in cash. The equity value of the transaction is approximately $3B, and net of cash and debt approximately $2.7B. HP and Aruba believe that by combining complementary product portfolios and go-to-market approaches they will be able to accelerate revenue growth and strengthen the financial performance of the combined HP Networking business, and create a leading competitor in the $18 billion and growing campus networking sector. Overall, HP expects the acquisition to be accretive to earnings in the first full year following close. The transaction is expected to close in the second half of HP's fiscal year 2015. Bloomberg first reported on February 25 that Aruba Networks was in talks to be acquired by Hewlett-Packard. Craig-Hallum said after Bloomberg's report that Ruckus Wireless (RKUS) would remain a likely takeout target if HP acquired its competitor Aruba. Aruba Network shares are down 2% in pre-market trading after the deal was confirmed, while Ruckus shares are fractionally higher.
08:34 EDTHPQHP sees Aruba Networks acquisition accretive to earnings in first full year
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08:32 EDTHPQHP to acquire Aruba Networks for $24.67 per share in cash
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08:31 EDTHPQHP to acquire Aruba Networks for $24.67 per share in cash
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08:29 EDTFB, GOOG, MSFTMicrosoft reportedly to buy news app for $30M, TechCrunch says
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07:56 EDTGOOGGoogle appoints new head of Google+, hints at changes, TechCrunch says
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07:41 EDTMSFT, FB, STXMorgan Stanley to hold a conference
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06:56 EDTFBIAC's Tinder working on first ads, Re/code reports
IAC's Tinder is developing its first ad product, Re/code reported Friday night. The dating app is also talking with Facebook (FB) and Twitter (TWTR) about using their ad networks to fill out ad space, Re/code stated. Reference Link
06:18 EDTMSFTStocks with implied volatility below IV index mean; MSFT CSCO
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06:00 EDTGOOGMarvell announces partnership with Google;s ATAP Group
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05:59 EDTGOOGSamsung announces Samsung Pay mobile payment system
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05:55 EDTMSFTMicrosoft introduces Lumia 640 and Lumia 640 XL
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March 1, 2015
18:28 EDTGOOG, MSFTBlackBerry expands cross platform strategy
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17:20 EDTGOOGGoogle shares could rise 5%-10% with a dividend, Barron's says
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