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Stock Market & Financial Investment News

News Breaks
August 14, 2014
12:01 EDTMDLZ, TMUS, DOW, AMGN, RAX, VZ, GOOGL, DG, FNSR, XON, FDX, AZN, ALLYThird Point gives quarterly update on stakes
NEW STAKES: Rackspace (RAX), Finisar (FNSR), Amgen (AMGN), Ally Financial (ALLY), and AstraZeneca (AZN). INCREASED STAKES: Dollar General (DG) and Dow Chemical (DOW). DECREASED STAKES: FedEx (FDX), Hertz (HTZ), T-Mobile (TMUS) and Intrexon (XON). LIQUIDATED STAKES: Google Class A (GOOGL), Verizon (VZ) and Mondelez (MDLZ).
News For RAX;ALLY;FNSR;AMGN;AZN;DG;DOW;FDX;GOOGL;TMUS;XON;VZ;MDLZ From The Last 14 Days
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June 29, 2015
08:14 EDTRAXRackspace checks positive, says JMP Securities
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07:13 EDTGOOGLGoogle, Facebook competing heavily in video market, NY Post says
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06:24 EDTGOOGLResearch shows Google hurts users by skewing search results, WSJ reports
New research by two U.S. academics shows that Google is harming internet users and violating competition laws by skewing search results to favor its own products and services, the Wall Street Journal reports. The study may present a “significant twist” in the European Union’s antitrust investigation into Google’s supposed anticompetitive practices, the report says. The research shows that users were 45% more likely to click on results that were ranked purely by relevance as opposed to the way Google ranks them currently, the Wall Street Journal says.Reference Link
June 28, 2015
14:50 EDTVZSome AOL investors to seek higher price from Verizon in court, WSJ says
Certain AOL investors including Brigade Capital and Verition have opted not to sell their holdings to Verizon for $50 per share and will instead seek a higher price through an appraisal process, the Wall Street Journal reported Friday, citing people familiar with the matter. The report notes that the dissenting firms hold roughly 5% of AOL. Reference Link
June 26, 2015
18:40 EDTFDXFedEx solicits EU approval for TNT bid, Reuters reports
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06:58 EDTGOOGLLost My Name raises $9M in funding round led by Google Ventures, TechCrunch says
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06:11 EDTGOOGLGoogle, Delphi self driving cars have near collision in Palo Alto, Reuters says
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June 25, 2015
18:07 EDTVZHuff Post network 'almost definitely' launching on Verizon service, Variety says
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16:42 EDTVZ, TMUSFCC Chairman outlines changes to future spectrum auctions
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14:13 EDTVZVerizon's HuffPo to launch 24-hour online video network, Hollywood Reporter says
The Huffington Post plans to launch a 24-hour online video network featuring live programming, original series and other video, HuffPo founder Arianna Huffington told staff, according to The Hollywood Reporter. The website, whose parent AOL was recently acquired by Verizon, will also establish film and television divisions, the report noted. Reference Link
14:00 EDTAZNAstraZeneca initiated with a Hold at HSBC
Price target GBP 46.40.
13:16 EDTTMUST-Mobile unveils ‘JUMP! On Demand’
In a press release earlier T-Mobile said, "The company kicked things off in a big way by amping up Un-carrier 2.0, its groundbreaking JUMP! program, and introducing the industry’s lowest monthly cost to get an iPhone 6 when you trade-in your smartphone. With T-Mobile’s new JUMP! On Demand, one low monthly phone payment covers the cost of a new smartphone and gives you the freedom to swap it for a new one absolutely anytime you like … at no extra cost. Which means you don’t pay a penny to walk out the door with your new smartphone today–not even sales tax, with qualifying credit. No fees to upgrade whenever you want, no waiting and no worries about paying off your old phone when you upgrade." “While the carriers are breaking every promise they’ve ever made with their knock-off upgrade programs, we’re racing full speed ahead, making one of our most popular moves even better,” said John Legere, president and CEO of T-Mobile. “JUMP! On Demand is the best way to get a new smartphone whenever you want. Zero out the door. Zero at upgrade. Zero fees. Zero wait. Zero BS.” Shares of T-Mobile are up 1.52% to $39.63 in afternoon trading.
08:35 EDTVZVerizon and Scripps Networks sign licensing agreement
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08:01 EDTDGDollar General names John Garratt as interim CFO, effective July 1
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06:31 EDTGOOGLMicrosoft focusing on increasing smartphone sales in India, WSJ reports
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05:13 EDTVZVerizon repair crews working to keep customers connected in Mid-Atlantic
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June 24, 2015
09:30 EDTGOOGLGoogle competing with itself after unveiling free music service, Bloomberg says
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09:07 EDTAZNCAR-T cancer drug researchers seen as M&A targets, Bloomberg says
Juno Therapeutics (JUNO), Kite Pharma (KITE) and Bluebird Bio (BLUE) are trading well above their IPO levels as takeovers predictions have spurred interest and share increases for the developers of CAR-T gene therapies, said Bloomberg's "Real M&A" column, quoting Dimo Dimov, a professor at the University of Bath’s School of Management, as having said that companies such as Pfizer (PFE), Merck (MRK), Roche (RHHBY) and AstraZeneca (AZN) are "closely watching" the firms. Cellectis (CLLS), which is working with Pfizer on its own approach to CAR-T therapy, has said it wants to bring its therapy to market and doesn’t anticipate a sale, the report noted. Reference Link
07:56 EDTAMGNAmgen management to meet with Evercore ISI
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06:50 EDTAZNAstraZeneca loses top executive Ward-Lilley to Vectura, Reuters reports
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