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Stock Market & Financial Investment News

News Breaks
February 14, 2013
19:19 EDTQLIK, CBS, BGS, A, ACTV, LOGM, HLF, DTLK, ELLI, PGOn The Fly: After Hours Movers
UP AFTER EARNINGS: Qlik Technologies (QLIK), up 14.5% after Q4 report, CFO announced resignation... Ellie Mae (ELLI), up 8.2%... Datalink (DTLK), up 10%... ALSO HIGHER: Herablife (HLF), up 22% after Carl Icahn reported a 12.98% stake in the company. In the filing, Icahn said he believes Herbalife is a legitimate business, and said he intends to explore ways to enhance shareholder value, such as recapitalization or taking the company private... DOWN AFTER EARNINGS: LogMeIn (LOGM), down 21% after Q4 report, cutting FY13 guidance... Active Network (ACTV), down 9.3%... Agilent (A), down 7.7%... B&G Foods (BGS), down 6.9%... ALSO LOWER: CBS (CBS), down 1% after the company's Q4 earnings missed Street estimates and the company announced plans for a $1B accelerated share repurchase program... Procter & Gamble (PG), down 0.8% after the company cut its Q3 and FY13 EPS guidance following Venezuela's currency devaluation.
News For QLIK;ELLI;DTLK;HLF;LOGM;ACTV;A;BGS;CBS;PG From The Last 14 Days
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July 15, 2014
08:03 EDTCBSCBS reports results of CBS Outdoor exchange offer
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07:20 EDTCBSCBS resumed with an Overweight at JPMorgan
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July 14, 2014
10:59 EDTLOGMElliot reaffirms $21 Riverbed bid following Q2 warning
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06:56 EDTCBSDisney, CBS, Discovery questioned over Comcast merger, Bloomberg says
Disney (DIS), Discovery (DISCA) and CBS (CBS) are being questioned by U.S. antitrust officials who are investigating Comcast's (CMCSA) planned purchase of Time Warner Cable (TWC), according to Bloomberg, citing three people familiar with the matter. Reference Link
July 11, 2014
16:13 EDTLOGMPoint72 Asset reports 5.2% passive stake in LogMeln
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10:00 EDTPGOn The Fly: Analyst Downgrade Summary
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10:00 EDTLOGMOn The Fly: Analyst Upgrade Summary
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06:42 EDTLOGMLogMeln upgraded to Outperform from Market Perform at Cowen
05:44 EDTPGProcter & Gamble downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded its rating on Procter & Gamble (PG) shares to Market Perform citing a lack of lack of fundamental progress despite the company's increased innovation. Wells says P&G's U.S. share trends have weakened amid competition. The firm cut its price target range for shares to $85-$87 from $88-$90.
July 10, 2014
14:15 EDTHLFHerbalife p.r. flurry 'smells of desperation,' Seeking Alpha contributor says
Herbalife, in an effort to inform investors that 21 independent members are traveling to Washington D.C. in support of the company, released six nearly identical press releases this morning, as noted by Seeking Alpha contributor "Quoth the Raven." Putting the news out in this way, via six press releases instead of "one, concise release is unprofessional and farcical - it smells of desperation for positive press," according to the author, who disclosed a short position in the stock. Reference Link
11:00 EDTCBSHigh option volume stocks
High option volume stocks: CBS MEMP EWT CBSO DRWI TRW TTS EXK MEOH AG
08:56 EDTCBSCBS announces preliminary results of CBS Outdoor exchange offer
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07:14 EDTCBSAereo seeks to survive as cable system, WSJ says
Following its Supreme Court loss, Aereo is now arguing that it should be classified as a cable system and receive a compulsory license that would give it legal access to content and allow it to continue operating, reported The Wall Street Journal. Television broadcasters that own the copyrights in many of the programs that Aereo streams, including CBS (CBS), Disney (DIS), 21st Century Fox (FOXA), and Comcast (CMCSA), successfully sued the service for copyright infringement. In addition to Comcast, publicly-traded cable companies include Time Warner Cable (TWC), Cablevision (CVC), and Charter (CHTR). Reference Link
July 9, 2014
13:44 EDTCBSNetflix wins video on demand rights to 'Zoo' series, Variety reports
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11:51 EDTLOGMLogMeln weakness after short report a buying opportunity, says Piper Jaffray
Piper Jaffray attributes today's weakness in shares of LogMeIn to a short report out on the company, but the firm disagrees with the report, which it thinks understates the strength of LogMeIn's core business and opportunities. Piper reiterates its Overweight rating and $56 price target on LogMeIn.
10:37 EDTLOGMLogMeln responds to 'short thesis' report from Off Wall Street
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10:02 EDTLOGM, CBSOn The Fly: Analyst Initiation Summary
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09:20 EDTLOGMLogMeln initited with a Sell at Off Wall Street
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July 8, 2014
18:18 EDTCBSU.S. Media sector initiated with a Neutral at Barclays
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18:08 EDTCBSCBS initiated with an Equal Weight at Barclays
Target $68.
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