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Stock Market & Financial Investment News

News Breaks
July 23, 2014
16:02 EDTPLCMPolycom announces new $200M share repurchase authorization
Polycom announced that its board approved a new share repurchase authorization of up to $200M in share repurchases. In addition, the company stated that it has completed its previously announced $400M return of capital program. The company expects to fund the share repurchases through cash on hand and future cash flow from operations. The company expects to execute the new share repurchase program over the next two years.
News For PLCM From The Last 14 Days
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June 22, 2015
17:04 EDTPLCMOn The Fly: Top stock stories for Monday
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10:00 EDTPLCMOn The Fly: Analyst Downgrade Summary
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06:50 EDTPLCMPolycom downgraded to Underperform from Market Perform at William Blair
William Blair downgraded Polycom to Underperform saying its field-level discussions indicated the company's business has come under "increasing pressure" in the June quarter. Polycom is being hurt by weak video demand and increased competition, William Blair tells investors.

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