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Stock Market & Financial Investment News

News Breaks
May 19, 2014
08:05 EDTPAYX, PAYX, CTRX, CTRX, YHOO, YHOO, MA, MA, TMUS, TMUS, AKAM, AKAM, CAVM, CAVM, S, S, DGI, DGI, MXIM, MXIMJPMorgan to hold a conference
Technology, Media & Telecom Conference to be held in Boston on May 19-21 with webcasted company presentations to begin on May 19 at 8:10 am; not all company presentations may be webcasted. Webcast Link
News For PAYX;DGI;S;CAVM;AKAM;TMUS;MA;YHOO;CTRX;MXIM From The Last 14 Days
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October 13, 2014
07:25 EDTPAYXPaychex upgraded to Buy from Hold at Argus
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07:19 EDTMAAmEx, Capital One profits seen boosted by credit card 'sweet spot,' WSJ says
Credit card players such as American Express (AXP) and Capital One (COF), as well as banks with significant card units like JPMorgan (JPM), stand to benefit from the U.S. card industry's "sweet spot" of moderate economic growth, low interest rates and consumers who are better managing payments while growing their spending, said The Wall Street Journal, which noted that consulting firm R.K. Hammer estimates U.S. card issuers' revenue will grow 9% this year to $158.6B. Other U.S. banks with credit card units include Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC) and other card companies include Visa (V) and MasterCard (MA). Reference Link
07:15 EDTAKAMNational Association of Corporate Directors to hold a conference
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06:49 EDTTMUST-Mobile upgraded to Outperform from Neutral at Macquarie
October 10, 2014
10:01 EDTTMUSOn The Fly: Analyst Upgrade Summary
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09:35 EDTSSprint downgraded to Sell from Hold at Evercore
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07:27 EDTTMUST-Mobile upgraded to Buy from Hold at Jefferies
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05:45 EDTTMUST-Mobile upgraded to Buy from Hold at Jefferies
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October 9, 2014
14:37 EDTYHOOYahoo looking to make Tumblr another YouTube, Business Insider says
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09:12 EDTCTRXCatamaran acquisition in-line with expectations, says Leerink
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07:37 EDTCTRXCatamaran acquisition likely to be well-received, says Oppenheimer
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October 8, 2014
16:34 EDTCTRXCatamaran to acquire Salveo Specialty Pharmacy for $260M in cash
Catamaran announced that it has entered into a definitive agreement to acquire Salveo Specialty Pharmacy, an independent specialty pharmacy company headquartered in St. Petersburg, Florida with business operations in New York and California. Salveo manages approximately $400M in annual drug spend. The purchase price of $260M in cash represents a purchase price multiple of approximately 13x Salveo's trailing-twelve-month EBITDA and is expected to be funded through cash on the balance sheet. This acquisition is expected to be completed during Q4.
08:12 EDTTMUST-Mobile checks positive, says Pacific Crest
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07:09 EDTSSprint to shut down WiMAX network around November 6, 2015, FierceWireless says
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06:19 EDTYHOOYahoo lays off 400 employees in India, WSJ reports
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05:11 EDTAKAMAkamai, China Telecom establish strategic cloud services partnership
Akamai Technologies (AKAM) announced a strategic partnership agreement with China Telecom Corporation (CHA) cloud division, CT Cloud. CT Cloud is one of the largest cloud computing service providers in China, offering quality cloud services to customers. As part of the strategic partnership, CT Cloud has agreed to offer an integrated solution incorporating Akamai's full suite of media delivery, Web performance, and cloud security offerings with its own Cloud services to Chinese businesses looking to grow their global Web presence. In addition, the partnership is designed to enable close cooperation between the two companies in the areas of technology and network access, thus strengthening Akamai's China CDN offering for accelerating content from global customers to Chinese consumers. Under the partnership, CT Cloud plans to leverage Akamai for content delivery network technology that will be available for the delivery of its Cloud services.
October 7, 2014
10:02 EDTYHOOYahoo volatility at low end of one-year range
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09:40 EDTYHOOYahoo lays off up to 2,000 employees in India, TechCrunch reports
Yahoo has laid off up to 2,000 employees in India as a result of a move to consolidate into fewer offices, TechCrunch reports, citing local blog The Next Big What. Yahoo has confirmed the consolidation, but did not confirm how many people are affected by the effort. Reference Link
09:24 EDTYHOOFormer Yahoo CFO says AOL merger makes 'little sense,' CNBC reports
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05:52 EDTSStocks with implied volatility movement; S HIMX
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