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Stock Market & Financial Investment News

News For NOK;GOOG;MSFT From The Last 14 Days
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August 31, 2015
07:05 EDTGOOGTwitter upgraded to Buy from Neutral at SunTrust
SunTrust analyst Robert Peck upgraded Twitter (TWTR) to Buy from Neutral ahead of a "series" of catalysts that he says are coming and may move the stock higher. Among the new initiatives and partnerships that could increase users and engagement for 2016, Peck lists Twitter's deal with Google (GOOG), its Project Lightning initiative and its potential for more business development deals similar to Flipboard. With Twitter shares down about 50% since the end of Q1, Peck believes sentiment on the microblog operator's shares has "washed out," he tells investors in his research note. Peck keeps a $38 price target on shares of Twitter, which closed Friday at $26.84.
06:25 EDTMSFTMicrosoft cleared of patent infringement by ITC, Reuters reports
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06:24 EDTNOK, GOOGCCI charges Google with abusing market dominance, Economic Times reports
The Competition Commission of India is charging Google (GOOG) with abusing its dominant market position by rigging search results, a claim corroborated by Flipkart, Facebook (FB), Nokia's (NOK) maps division, MakeMy-Trip.com (MMYT), and several other companies, the Economic Times reports. The case marks the first globally where an antitrust body is formally raising such charges against Google, the report says. CCI might impose a fine of up to 10% of Google's income, the report says. Reference Link
06:10 EDTGOOGBanks lobby EU over privacy rules overhaul, FT reports
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06:05 EDTMSFTApple has team exploring augmented reality, says Piper's Munster
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August 30, 2015
21:03 EDTGOOGGoogle adds home service professionals to search results, WSJ says
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19:52 EDTGOOGApple ad blocker poses challenge for publishers, Google, WSJ says
Apple's (AAPL) forthcoming iOS 9 mobile operating system will allow users to download ad blocking software, potentially posing a threat to digital publishers as well as Google's (GOOG) massive advertising business, reports the Wall Street Journal. "Apple is going to create a massive consumer appetite for blocking ads," anti-ad blocking firm PageFair's CEO Sean Blanchfield told the publication. Reference Link
14:47 EDTGOOGGoogle shares could see 20% upside, Barron's says
Shares of Google still have 20% upside as the company's financials improve and YouTube continues to grow, Barron's contends in its 'Follow Up' column. Google's recent financial results have shown an uptick in revenue growth as well as reduced growth in both costs and head count, Barron's says, adding that Goldman Sachs' recent $800 price target looks "plenty feasible." Reference Link
14:22 EDTGOOGSecular growth stocks look attractive amid market volatility, Barron's says
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August 28, 2015
17:26 EDTMSFTMicrosoft awarded $162.76M increased ceiling modification to contract
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11:16 EDTMSFTBattleground: Benchmark says sell GameStop, Piper says bears misguided
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08:14 EDTMSFTMicrosoft's head of Xbox on rumored Xbox One Mini: 'Not real'
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07:43 EDTMSFTGameStop bear thesis not playing out, says Piper Jaffray
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07:12 EDTGOOGWilliam Blair names 21 stocks best positioned for volatile markets
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06:19 EDTNOKNokia and China Huaxin sign MOU to create new venture
Nokia and China Huaxin Post & Telecommunication Economy Development Center have signed a memorandum of understanding confirming their intention to combine Nokia's telecommunications infrastructure businesses in China and Alcatel-Lucent Shanghai Bell into a new joint venture. As agreed under the MoU, Nokia expects to hold 50% plus one share in the new joint venture, with China Huaxin holding the remaining shares. Fair value compensation would be received for the contribution of relevant assets to the joint venture. The new joint venture is conditional on and would be formed after the closing of Nokia's planned combination with Alcatel-Lucent, at which point Nokia would own 50% plus one share of ASB. The new joint venture is expected to be a strong national asset based in China capable of delivering value for both parties.Nokia China and ASB are leaders in the Chinese telecommunications infrastructure market and both are long-standing contributors to the development of China and innovation in the country. The new joint venture would have one board of directors, one management team, unified customer and business functions, and one integrated product portfolio and R&D platform. Until the closing of the proposed combination between Nokia and Alcatel-Lucent, Nokia China and ASB will continue to operate as two independent companies.
05:52 EDTMSFTTrendforcce expects global tablet shipments to reach 163M units, DigiTimes says
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August 27, 2015
14:39 EDTGOOGGoogle volatility elevated on wide price movement
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13:37 EDTMSFTMicrosoft volatility elevated on wide price movement
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11:44 EDTGOOGGoogle says EC's Statement of Objections 'incorrect'
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05:53 EDTMSFTIC demand for notebooks picking up, DigiTimes reports
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