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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 24, 2015
10:08 EDTFBFacebook in discussions with firms on 'Anthology' videos, The Information says
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10:02 EDTHPQHP partners with Bang & Olufsen to bring premium sound to PCs
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09:38 EDTFB, GOOGActive equity options trading on open
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09:09 EDTGOOGMorgan Stanley CFO Porat to join Google as new CFO
Google (GOOG, GOOGL) and Morgan Stanley (MS) this morning announced that current Morgan Stanley Chief Financial Officer Ruth Porat will leave the firm and take on the same role at Google. WHAT'S NEW: Morgan Stanley said in a filing that Porat, who joined the firm in 1987, will leave the company, effective April 30. At Morgan Stanley, Porat was previously vice chairman of Investment Banking, global head of the Financial Institutions Group and and co-head of Technology Investment Banking. Google said in a separate statement that Porat will join the company as CFO on May 26. At Google, Porat will report to Google Chief Executive Officer and co-founder, Larry Page. WHAT'S NOTABLE: Jonathan Pruzan, currently co-head of the Global Financial Institutions Group in Investment Banking at Morgan Stanley, will succeed Porat as the bank's CFO upon Porat's departure. PRICE ACTION: Morgan Stanley is down 0.14% in pre-market trading and Google is up 1.09%.
08:59 EDTGOOGMorgan Stanley confirms Jonathan Pruzan will succeed Ruth Porat as CFO
Morgan Stanley (MS) announced in a filing that Ruth Porat, executive VP and CFO, would leave the company on April 30. In a memo, CEO James Gorman says, "After a 28-year career at Morgan Stanley, Ruth Porat has decided to leave the Firm to take on a new role in Silicon Valley and return to her California roots. It is with a heavy heart that we see her go. Ruth joined Morgan Stanley in 1987 and has played a number of key roles at the Firm, from her time leading the tech banking franchise during the Internet boom, to leading the FIG banking team during the financial crisis, then as CFO partnering with the senior team to transform Morgan Stanley for the new regulatory environment. She has been a mentor and sponsor to many colleagues, and a role model for even more. Her tremendous energy, diligence and insight have been an enormous asset to the Firm... Jonathan Pruzan, currently Co-Head of the Global Financial Institutions Group in Investment Banking, will be appointed CFO upon Ruthís departure. Jon joined Morgan Stanley in 1994 and has spent more than 20 years at the Firm working with financial institution clients. He understands the current regulatory environment, having shepherded clients through the Fedís stress test and CCAR processes. He brings both great technical skill and proven leadership to this new role. Jon has served on the Morgan Stanley/MUFG steering committee since 2013 and will continue to do so. He will join the Firmís Operating Committee and Management Committee."
08:57 EDTGOOGGoogle confirms that Morgan Stanley's Ruth Porat to join company as CFO
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08:55 EDTGOOGGoogle to name Ruth Porat as CFO, Bloombeg reports
Dow Jones previously reported that Porat is leaving Morgan Stanley (MS).
06:42 EDTGOOGGoogle to start showing TV ads to Google Fiber customers, NY Times says
Google said it would soon begin showing local, targeted TV ads to customers of its Google Fiber service in Kansas City, Kansas and Kansas City, Missouri, according to The New York Times, which cited a letter that Google sent to its customers in those cities. Reference Link
06:23 EDTFBFacebook in talks about hosting content from media companies, NY Times says
Facebook has been holding talks in recent months about hosting the content of at least six media companies inside Facebook, according to The New York Times. The social network intends to test the new format in the next several months, the newspaper stated. Reference Link
06:23 EDTFBInstagram announce launch of Layout app
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05:58 EDTGOOGGoogle partners with Taiwan banks to nurture marketing talent, DigiTimes reports
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05:57 EDTHPQStocks with implied volatility below IV index mean; CSCO HPQ
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March 23, 2015
16:01 EDTFBOptions Update; March 23, 2015
iPath S&P 500 VIX Short-Term Futures down 48c to 25.24 Option volume leaders: AAPL TSLA TWTR GILD CELG FB TSLA AMZN TEVA PBR according to Track Data.
11:31 EDTMSFTMicrosoft and Samsung expand global partnership
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10:32 EDTGOOGApple positioned to reach $1 trillion market cap, Cantor says
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10:17 EDTHPQHP management to meet with Jefferies
Meetings to be held in Texas March 25-27 hosted by Jefferies.
10:17 EDTFBFacebook developing call-screening app, Android Police says
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09:32 EDTFB, LNKDWedbush social media analysts
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09:29 EDTGOOGGoogle's Eric Schmidt says Google Glass is long-term project, WSJ reports
Google Executive Chairman Eric Schmidt said Google Glass is too important of a technology to scrap, reports the Wall Street Journal. Although Google stopped selling the first version of Glass, shut down its Explorer program, and made personnel changes, Schmidt said Google Glass remains a "big and very fundamental platform" for the company and will be a long-term project. Reference Link
08:27 EDTFBFacebook continues to take total ad budget share, says JMP Securities
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