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Stock Market & Financial Investment News

News For SHLD;AAPL;GRPN;AMZN From The Last 14 Days
Check below for free stories on SHLD;AAPL;GRPN;AMZN the last two weeks.
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<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>
April 8, 2014
06:24 EDTAAPLApple may develop baseband chpis for iPhones inhouse, DigiTimes says
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06:20 EDTAAPLApple may release iWatch in Q3, DigiTimes reports
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06:13 EDTAMZNAmazon believes Fire TV will fill gap in mid-market games, Re/code reports
Amazon Games VP Mike Frazzini said the company's Fire TV will provide an outlet for mid-market games made by teams of five to 30 people, reports Re/code. In an interview with Re/code, Frazzini believes it can fill a "gap in the middle" and several of its games can be seen as "complex games in their own right." Reference Link
06:07 EDTAAPLMicrosoft investing in 'invisible user interface' technology, WSJ reports
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April 7, 2014
18:19 EDTAMZNAmazon.com Japan to sell alcoholic beverages, Nikkei reports
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16:01 EDTAAPL, AMZNOptions Update; April 7, 2014
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14:06 EDTAAPLApple slips to lows of the day, levels to watch
Shares were last at $522.56, just off the session low. At current price, next support is at $517.35. Resistance is at $527.67.
12:10 EDTAMZNAmazon.com tests Friday's session lows, levels to watch
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09:34 EDTAAPL, AMZNActive equity options trading on open
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08:45 EDTAAPLInvenSense price target raised to $27 from $20 at Pacific Crest
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07:51 EDTAAPLApple sent iTV panel samples from Korean display maker, Korea Herald says
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07:37 EDTAAPLApple considered dumping long-time ad agency, WSJ reports
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07:35 EDTAMZNAmazon.com announces launch of Amazon Dash
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07:16 EDTAAPLRetailers muscle into competitive mobile payment market, Reuters says
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07:01 EDTSHLDEquity One names David Lukes as next CEO
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06:41 EDTAMZNMicrosoft pushes for programming to rival Amazon, Netflix, Bloomberg says
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06:36 EDTAAPLApple's sales force worried about iPhone outlook, Re/code reports
Apple's (AAPL) sales force has been worried about weakness in the iPhone's market share, amid strong competition from Google's (GOOG) Android operating system, a document presented in a court case showed, Re/code reported on Friday. According to the internal Apple document, the only portions of the smartphone market showing growth were large devices costing more than $300 or devices that cost less than $300, the website stated. Reference Link
April 6, 2014
17:48 EDTAAPL, AMZNGoogle set to announce Android TV, The Verge says
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14:21 EDTAMZNYahoo plans to acquire bigger budget TV programming, WSJ says
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April 5, 2014
19:03 EDTSHLDSears completes Land's End spin-off, receives $500M in gross proceeds
Sears Holdings (SHLD) announced that its pro-rata spin-off of Lands' End (LE) from Sears Holdings closed on April 4. Lands' End has now been separated from Sears Holdings and its common stock is expected to begin regular-way trading on the Nasdaq Capital Market under the symbol LE on April 7. Sears Holdings will continue to be listed on the Nasdaq Global Select Market under the symbol SHLD. Sears Holdings received aggregate gross proceeds from the spin-off of $500M, consisting of a cash dividend paid by Lands' End prior to the spin-off to a subsidiary of Sears Holdings. In the spin-off, Sears Holdings distributed a total of approximately 32M shares of Lands' End common stock to the holders of Sears Holdings common stock as of 5:30 p.m. Eastern time on March 24, the record date. Each share of Sears Holdings common stock outstanding as of the record date entitles the holder thereof to receive 0.300795 shares of Lands' End common stock, except that holders of Sears Holdings' restricted stock that was unvested as of the record date will receive cash awards in lieu of shares. In addition, as part of the spin-off, Lands' End entered into an asset-based senior secured revolving credit facility, which provides for maximum borrowings of approximately $175M with a letter of credit sub-limit, and a senior secured term loan facility of approximately $515M. The proceeds of the term loan facility were used to pay the $500M dividend to the Sears Holdings subsidiary and to pay fees and expenses associated with the foregoing facilities of approximately $10M, with the remaining proceeds to be used by Lands' End for general corporate purposes.
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