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Stock Market & Financial Investment News

News Breaks
June 26, 2013
18:52 EDTDISH, PAYX, CLWR, BGCP, BKS, MLHR, PRGSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Progress Software (PRGS), up 9.3%. ALSO HIGHER: BGC Partners (BGCP), up 1.5% after the company said it sees second quarter revenue in-line with expectations. DOWN AFTER EARNINGS: Paychex (PAYX), down 2.6%... Herman Miller (MLHR), down 3.7%. ALSO LOWER: Clearwire (CLWR), down 2.1% to $4.98 per share after Dish (DISH) withdrew its tender offer for the company... Barnes & Noble (BKS), down 0.6% after the company disclosed it will not file its Form 10-K with the SEC on time.
News For PRGS;BGCP;PAYX;MLHR;CLWR;DISH;BKS From The Last 14 Days
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August 3, 2015
09:32 EDTBKSBarnes & Noble completes spin-off of Barnes & Noble Education
Barnes & Noble (BKS) announced that it has completed the separation of its Retail and College businesses. Barnes & Noble Education, Inc. (BNED) is now an independent public company and the parent of Barnes & Noble College, trading on the New York Stock Exchange under the ticker symbol, "BNED." The company’s leadership team joined with store managers to ring the opening bell at the NYSE this morning to mark the milestone. Following today’s spinoff of College, Michael Huseby, former CEO of Barnes & Noble, Inc., became Executive Chairman of Barnes & Noble Education, which will have a separate Board of Directors. As previously announced, Ronald D. Boire will take over as CEO of Barnes & Noble, Inc. effective September 8, 2015. Under the terms of the separation, stockholders who held BKS common stock on July 27, 2015 (the “Record Date”) received a distribution of 0.632 BNED common share for every one share of BKS common stock held as of the record date.
July 31, 2015
05:59 EDTDISHRovi price target lowered to $26 from $29 at Piper Jaffray
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July 29, 2015
13:33 EDTBGCPBGC Partners price target raised to $14 on strong revenues at Raymond James
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08:12 EDTBGCPBGC Partners expects Q3 revenue $680M-$725M, consensus $673.95M
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08:10 EDTBGCPBGC Partners reports Q2 EPS post-tax distributable 18c, consensus 17c
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July 24, 2015
17:33 EDTBKSS&P announces changes to S&P 400, 500, and 600 indices
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July 22, 2015
19:40 EDTDISHDISH executive says auction strategy 'complied with all legal requirements'
In response to the FCC's proposal to deny roughly $3.3B in spectrum auction discounts, DISH EVP and general counsel R. Stanton Dodge stated, "We respectfully disagree with the proposed denial of the bidding credits. Our approach to the AWS-3 auction, which followed 20 years of FCC precedent and complied with all legal requirements, was intended to enhance competition -- in the auction and in the marketplace long term. Our investments in NorthStar and SNR helped make the AWS-3 auction the most successful spectrum auction in FCC history, and resulted in more than $20B of direct benefit to the American taxpayer." Reference Link
17:35 EDTDISHDISH meets with FCC, says draft order would deny $3.3B in auction discounts
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July 21, 2015
18:11 EDTDISHHarbinger Capital sues DISH over LightSquared, Reuters reports
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July 20, 2015
19:34 EDTDISHDISH customers to lose WDIV-TV Local 4
WDIV-TV Local 4 is about to go dark for all DISH (DISH) TV subscribers. WDIV and its parent organization, Graham Media Group, a subsidiary of Graham Holdings (GHC), stated, "The satellite provider has been unwilling to strike a reasonable deal with the local content provider. On Wednesday, July 22 at 7 p.m. subscribers will no longer be able to watch programs like Local 4 News, NBC's Today, NBC Nightly News, The Tonight Show starring Jimmy Fallon, Saturday Night Live, The Voice, The Blacklist, Sunday Night Football and more. DISH charges its subscribers a monthly fee to get these programs, so essentially their estimated 127,000 Detroit area customers will not be getting what they pay for. That includes important local news and weather information in emergency situations from the Local 4 News team."
09:08 EDTBGCPThe Melting Pot partners with Newmark Grubb Knight Frank
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08:33 EDTBKSBarnes & Noble says Nook Consumer business president Verrina to leave company
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08:32 EDTBKSBarnes & Noble names Frederic Argir as Chief Digital Officer
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