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Stock Market & Financial Investment News

News Breaks
April 14, 2014
09:09 EDTOWWOrbitz board elects Scott Forbes as Chairman
Orbitz Worldwide announced that its board has appointed Scott Forbes as non-executive chairman, effective immediately. He replaces Jeff Clarke, who has resigned from the board after seven years as chairman. Orbitz Worldwide also announced that its board of directors has elected Gavin Baiera to the board to fill the seat vacated by Clarke.
News For OWW From The Last 14 Days
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July 28, 2014
16:43 EDTOWWLuxor Capital Group reports 5.4% passive stake in Orbitz
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July 17, 2014
09:15 EDTOWWOn The Fly: Pre-market Movers
HIGHER: Dresser-Rand (DRC), up 15.5% after Manager Magazin says Siemens (SIEGY) preparing bid for the company. Other oil equipment companies with a market cap similar to Dresser-Rand's include Dril-Quip (DRQ) and Oil States (OIS)... Microsoft (MSFT), up 3.4% after announcing restructuring, including plans to cut up to 18K jobs. UP AFTER EARNINGS: Morgan Stanley (MS) up 1.5%... Sherwin-Williams (SHW), up 3%. DOWN AFTER EARNINGS: Mattel (MAT), down 7.3%... Sandisk (SNDK), down 7%... Yum! Brands (YUM), down 2.5%. LOWER: Orbitz (OWW), down 3% after results, 34M share spot secondary offering of stock priced at $8.25... Benefitfocus (BNFT), down 1% after 2.5M share Secondary priced at $38.50.
09:12 EDTOWWUpdate: Orbitz 34M share Spot Secondary priced at $8.25
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09:06 EDTOWWOrbitz 20M share Spot Secondary priced at $8.25
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