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Stock Market & Financial Investment News

News Breaks
February 8, 2013
07:45 EDTNCRNCR Corp. price target raised to $32 from $28 at Oppenheimer
Oppenheimer increased its price target on NCR after the company reported stronger than expected Q4 results. The firm maintains an Outperform rating on the stock.
News For NCR From The Last 14 Days
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September 30, 2014
08:02 EDTNCRNCR Corp. selected by ratiopharm arena for POS solution
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September 26, 2014
12:01 EDTNCRCourt overturns ruling against NCR regarding Fox River cleanup costs
The Seventh Circuit Court of Appeals overturned summary judgment rulings from 2009 and 2011 in the Whiting contribution lawsuit that had held NCR 100% liable for certain Fox River cleanup costs. The court also vacated the declaratory judgment finding NCR jointly and severally liable in the U.S. Government's enforcement action and remanded the case for further consideration of NCR’s divisibility defense. In addition, the court vacated the permanent injunction that had been entered against NCR ordering it to remediate the Fox River. Finally, the Seventh Circuit also upheld the ruling in NCR’s favor finding that NCR does not have so-called “arranger liability” at the Fox River. NCR is pleased with the Seventh Circuit’s rulings. NCR took a leadership position in cleaning up the Fox River, and believes that it has already done more than its fair share of the work. NCR has consistently advocated that a reasonable remediation project shared in by all responsible parties should be the goal of the regulatory authorities. It is now time for others to participate in the cleanup and to reimburse NCR for costs paid in excess of its divisible share. NCR intends to vigorously pursue these goals. NCR is still analyzing the impact of these rulings. NCR expects a favorable impact to NCR’s Fox River reserve, which was $95 million as of June 30, 2014, and is also examining the impact on free cash flow.
September 17, 2014
08:09 EDTNCRNCR Corp. selected by Foster's Food Fair - IGA for software solutions
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