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Stock Market & Financial Investment News

News Breaks
August 8, 2012
12:19 EDTMODL, NUANNuance rises after refuting takeover interest in M*Modal
Nuance (NUAN), which makes voice and language solutions, is climbing after the company said in an regulatory filing that it had no plans to attempt to buy M*Modal (MODL), which provides speech and language understanding technology to the healthcare industry. In a note to investors earlier today, Wells Fargo wrote that Nuance shares had declined yesterday due to concerns that the company would make a hostile bid for M*Modal. Nuance's stock is recovering after the company said it wasn't interested in buying M*Modal, said Wells. The firm thinks that Nuance's decision is positive, as it believes that the company may have been subjected to a long antitrust probe if it decided to bid for M*Modal. Wells, which continues to believe Nuance will expand into the healthcare market organically and by acquiring companies other than M*Modal, maintained a Market Perform rating on Nuance. In early afternoon trading, Nuance rose $1.50, or 6.93%, to $23.16, while M*Modal dropped 22c, or 1.55%, to $13.97.
News For NUAN;MODL From The Last 14 Days
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October 20, 2014
05:49 EDTNUANStocks with implied volatility movement; TLM NUAN
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