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Stock Market & Financial Investment News

News Breaks
March 18, 2014
19:03 EDTORCL, ADBE, COCO, EXAS, PSUN, CWH, NUS, HLFOn The Fly: After Hours Movers
NOTABLE: Oracle (ORCL), down 3.6% after reporting third earnings and revenue that missed expectations, though the company's fourth quarter profit outlook was in-line with expectations... Adobe Systems (ADBE) shares were little-changed after hours after the company's first quarter results were posted on a company website before the market close, initially sending shares higher. Adobe confirmed the results after the close and beat on both the top and bottom lines, and on its conference call, the company said second quarter profit will be in-line with expectations while revenue is expected top estimates. HIGHER: Corinthian Colleges (COCO), up 14.2% after Shah Capital, which holds a 5.64% stake in the company, sent a letter to its board outlining strategic initiatives the company should undertake, including evaluating possible sale of non-core assets and a headcount reduction... Exact Sciences (EXAS), up 8% after a clinical trial of its Cologuard test, which it co-developed with the Mayo Clinic, showed unprecedented rates of precancer and cancer detection by a noninvasive test... Pacific Sunwear (PSUN), up 9.7% after reporting earnings and revenue that were better than expected... CommonWealth REIT (CWH), up 4.8% after activist funds Corvex and Related said 81% of CommonWealth holders approve of their proposal to remove the entire board of the company. LOWER: Nu Skin (NUS), down 4.8% after disclosing in a filing with the SEC that it has received inquiries from regulators in China, which it said may result in sanctions against the company. Shares of multi-level-marketing peer Herbalife (HLF) were down 0.4% following the disclosure.
News For ORCL;ADBE;COCO;EXAS;PSUN;CWH;NUS;HLF From The Last 14 Days
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July 16, 2014
10:59 EDTHLFHerbalife August volatility flat on into Q2
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10:17 EDTHLFAckman to detail Herbalife club probe next week, NY Post says
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08:08 EDTORCLOracle Social Cloud announces LinkedIn support for SRM platform
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06:49 EDTNUSNu Skin removed from short-term buy list at Deutsche Bank
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July 15, 2014
18:02 EDTADBEAdobe, Google announce digital type breakthrough
Adobe (ADBE) announced the release of Source Han Sans, an open source typeface supporting Japanese, Chinese and Korean, as well as Latin, Greek and Cyrillic alphabets. It was developed in collaboration with Adobe’s key partner Google (GOOG) and contracted foundry partners across East Asia. Source Han Sans marks a record-breaking typeface in terms of size, scale, complexity and support for Japanese, Chinese and Korean all within the same font family. It provides designers and developers creating content for international audiences one uniform font to use in print and Web files no matter the language - eliminating the need to license multiple fonts.
16:26 EDTCWHCorvex lowers stake in CommonWealth REIT to 5.7% from 8.8%
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09:59 EDTCOCOApollo Education discloses new Department of Education review
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July 14, 2014
12:49 EDTORCLOracle hosts an educational webcast
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10:00 EDTCWHOptions with decreasing implied volatility: SHPG INFY CWH FDO IDIX FAST
05:49 EDTCWHStocks with implied volatility movement; BBBY CWH
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July 11, 2014
11:19 EDTCWHOptions with decreasing implied volatility: BDSI CWH INFY MONT
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July 10, 2014
16:15 EDTORCLKEYW, Oracle collaborate on advanced security solutions
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14:15 EDTHLFHerbalife p.r. flurry 'smells of desperation,' Seeking Alpha contributor says
Herbalife, in an effort to inform investors that 21 independent members are traveling to Washington D.C. in support of the company, released six nearly identical press releases this morning, as noted by Seeking Alpha contributor "Quoth the Raven." Putting the news out in this way, via six press releases instead of "one, concise release is unprofessional and farcical - it smells of desperation for positive press," according to the author, who disclosed a short position in the stock. Reference Link
11:18 EDTPSUNZumiez rallies after raising second quarter outlook
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10:05 EDTCWHOn The Fly: Analyst Upgrade Summary
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08:39 EDTCWHGovernment Properties stake in SIR viewed negatively at Wells Fargo
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07:20 EDTORCLIridium completes implementation of Oracle's management and billing solution
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06:37 EDTCWHCommonWealth sells stake in Select Income REIT for $31.51 per share
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06:36 EDTCWHCommonWealth REIT upgraded to Buy from Hold at Stifel
Stifel upgraded CommonWealth (CWH) to Buy following the sale of its stake in Select Income REIT (SIR) for $705M. The analyst said the sale will allow the company to pay down its $735M outstanding term loan revolver and views the new CFO announcement as a positive. Price target is $28.50.
July 9, 2014
06:34 EDTADBEFake document hits federal court in hiring case against tech giants, WSJ says
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