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Stock Market & Financial Investment News

News Breaks
February 24, 2012
09:28 EDTIPG, MRVL, VVUS, OVTI, AIGPre-market top 5 gainers
The following stocks were the top percentage gainers before the open on solid volume of at least 50,000 shares, trading at over $10. OVTI 12.6%, AIG 7.1%, IPG 2.5%, MRVL 1.7%, VVUS 1.5%.
News For OVTI;AIG;IPG;MRVL;VVUS From The Last 14 Days
Check below for free stories on OVTI;AIG;IPG;MRVL;VVUS the last two weeks.
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July 30, 2014
13:35 EDTAIGAIG August weekly volatility elevated into Q2 and outlook
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July 28, 2014
10:02 EDTIPGOn The Fly: Analyst Initiation Summary
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06:14 EDTIPGInterpublic Group initiated with a Neutral at Citigroup
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July 25, 2014
13:13 EDTMRVLEinhorn bought Lam Research shares, sold Rite Aid last quarter
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12:12 EDTMRVLEinhorn takes stake in Lam Research, Bloomberg reports
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10:02 EDTIPGOn The Fly: Analyst Downgrade Summary
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05:47 EDTIPGInterpublic Group downgraded to Neutral from Overweight at Atlantic Equities
Atlantic Equities downgraded Interpublic Group due to valuation.
July 24, 2014
11:09 EDTIPGElliott to call on Interpublic to sell to rival, DealBook says
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10:57 EDTIPGElliott to push Interpublic Group to put itself up for sale, Bloomberg says
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09:17 EDTIPGInterpublic Group rallies after activist Elliott reports stake
Elliott Associates reported a 6.7% stake in Interpublic Group (IPG) and stated it seeks to engage in a "constructive dialogue" with the company's board regarding steps to maximize shareholder value. As of July 23, Elliott beneficially owned 5.58M shares of common stock, including 3.675M shares of underlying options. On May 29, CNBC's David Faber that Elliott may be a buyer of Interpublic shares. On June 19, in an interview with the Wall Street Journal, Interpublic CEO Michael Roth downplayed the speculation of an activist investor. Shares of advertising and marketing services company are up 65c, or 3%, to $20.50 in pre-open trading.
09:07 EDTIPGElliott Associates reports 6.7% stake in Interpublic Group
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July 23, 2014
10:20 EDTOVTISony investing to increase stacked CMOS image sensor production
Sony (SNE) announced earlier that it plans to invest in Nagasaki TEC and Kumamoto TEC from the second half of FY14 through the first half of FY15 to increase its production capacity for stacked CMOS image sensors. This investment is primarily intended to reinforce Nagasaki TEC's layering process production capabilities, as well as Kumamoto TEC's mastering process facilities. The current investment is expected to enable Sony to complete subsequent stages of production, including the layering process, at Nagasaki TEC on semiconductor chips that have undergone the mastering process at Yamagata TEC, providing Sony with a fully integrated production system for stacked CMOS image sensors. This investment forms part of Sony's mid - to long-term plan to increase its total production capacity for image sensors to approximately 75K wafers per month and is expected to increase the current capacity of approximately 60K wafers per month to approximately 68K wafers per month in August 2015. Sony intends to bolster its manufacturing capacity for stacked CMOS image sensors, and further strengthen its integrated supply operations, and to thereby reinforce its leading market position. The total investment amount is expected to be approximately Y35B to be carried out in FY14 and in FY15. Of this, the amount to be invested in FY14, or approximately Y9B, was included in the forecast of capital expenditure for semiconductors in the current fiscal year of approximately Y65B announced on May 14. Note that OmniVision Technologies (OVTI) designs, develops and markets integrated and semiconductor image-sensor devices.
July 22, 2014
06:43 EDTAIGMalaysia Airlines incidents rattle insurance market, NY Times says
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July 21, 2014
07:29 EDTAIGAIG settlement with BofA takes crisis claw back total up to $2B, FT says
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