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Stock Market & Financial Investment News

News Breaks
February 13, 2013
12:17 EDTTBT, IOC, VHC, PAYStocks with call strike movement; UVXY TBT IOC VHC PAY
News For TBT;IOC;VHC;PAY From The Last 14 Days
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October 22, 2014
10:06 EDTVHCVirnetX granted new secure domain name patent
VirnetX announced that on October 21, 2014, it was granted a new patent from the United States Patent and Trademark Office; Patent no. 8,868,705, , entitled "Agile Network Protocol for Secure Communications Using Secure Domain Names." This new patent is the twelfth patent granted in 2014. VirnetX plans to introduce secure domain names through its Secure Domain Name Initiative which will include partnerships with major technology companies.
October 20, 2014
12:28 EDTPAYNCR Corp. plummets after guidance lowered
Shares of payment solutions company NCR Corp. (NCR) are sinking after the firm’s third quarter forecasts missed analysts’ consensus estimates and it lowered its outlook for fiscal 2014. WHAT'S NEW: This morning, NCR Corp. forecast Q3 EPS of 67c and revenue of $1.647B, below analysts' consensus estimates of 71c and $1.66B, respectively. Q3 free cash flow is seen at $132M, which includes the previously announced recovery of $93M related to the Fox River environmental matter. The company cited a challenging retail market as well as difficult global macroeconomic conditions, including foreign currency headwinds, for the weak outlook. WHAT'S NOTABLE: NCR Corp. lowered its FY14 EPS view to $2.60-$2.70 from $3.00-$3.10, compared to consensus of $3.00. It also cut its FY14 revenue outlook to $6.575B- $6.625B from $6.75B-$6.85B, versus consensus of $6.74B. The company said, “While we are disappointed by these results, our Financial Services business remains a bright spot, Q3 free cash flow improvement was strong, and our previously announced restructuring program is on track to deliver annual run-rate savings of approximately $90M by 2016. While we continue to be faced with challenging and uncertain market dynamics, we remain confident in the actions we are taking to address these challenges, including strengthening our Retail Solutions team and talent, as well as utilizing our restructuring program to allocate more resources to our highest growth, highest margin opportunities to drive long-term profitable growth.” PRICE ACTION: In afternoon trading, NCR Corp. fell $6.43, or about 21.5%, to $23.45 on nearly five times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week low of $23.32. Including today's pull back, the shares have lost approximately 41% over the past 12 months. OTHERS TO WATCH: Other companies in the payment solutions business include VeriFone Systems (PAY) and Diebold (DBD).
October 17, 2014
11:25 EDTPAYVeriFone wins appeal of patent ruling in favor of CardSoft
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09:32 EDTVHCVirnetX files petitions, requests restoration of jury verdict against Apple
VirnetX (VHC) announced that it filed a petition with the U.S. Court of Appeals for the Federal Circuit, requesting a rehearing and rehearing en banc of the Federal Circuit's September 14 decision concerning VirnetX's litigation against Apple (AAPL). In its petition, VirnetX is asking the court to rehear its decision with respect to damages and affirm the district court's damages award against Apple in full because the Federal Circuit's decision is contrary to the patent statute and Supreme Court precedent. VirnetX is also asking the Federal Circuit to reinstate the jury's award that Apple infringed the '504 and '211 patents on the basis that the district court correctly construed the claim term "secure communication link." Kendall Larsen, VirnetX CEO and President said, "We respectfully believe the Court of Appeals for the Federal Circuit erred in certain parts of its decision and are asking it to further review its decision. We look forward to readdressing the decision with the court and remain confident about the strength of our arguments regarding restoration of the jury's damages award."
08:00 EDTPAYVeriFone fundamentals unchanged despite sell-off, says Jefferies
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October 16, 2014
14:32 EDTIOCInterOil mentioned positively by dealReporter
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08:21 EDTIOCInterOil appoints Chris Finlayson as Chairman of the Board
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06:36 EDTTBTProshares UltraShort Barc 20 Year Treasury volatility spikes
Proshares UltraShort Barc 20 Year Treasury ETF October call option implied volatility is at 44, November is at 34, December is at 35; compared to its 26-week average of 22 according to Track Data, suggesting large near term price movement.
October 15, 2014
09:06 EDTTBTProshares UltraShort Barc 20 Year Treasury volatility elevated on lower rates
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October 10, 2014
09:17 EDTPAYVeriFone management to meet with Deutsche Bank
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07:14 EDTPAYJackson Square reports 11.94% passive stake in VeriFone

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