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Stock Market & Financial Investment News

News Breaks
February 22, 2013
11:42 EDTFE, TPX, UCO, INFY, AVGOStocks with increasing implied volatility: TPX AVGO UCO FE INFY
News For TPX;AVGO;UCO;FE;INFY From The Last 14 Days
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April 15, 2014
08:35 EDTINFYInfosys sees FY15 revenue to growth 7%-9%, consensus $9.06B
08:34 EDTINFYInfosys board recommends final dividend of 43c
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08:33 EDTINFYInfosys reports Q4 liquid assets were $5B as on March 31
08:32 EDTINFYInfosys reports Q4 EPS 85c, consensus 79c
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06:14 EDTINFYInfosys raises dividend pay-out ratio to 40% of post-tax profits
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06:13 EDTINFYInfosys sees FY15 revenue up 7%-9%
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06:12 EDTINFYInfosys reports Q4 EPS 85c, consensus 79c
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April 14, 2014
14:33 EDTINFY Infosys April 55 straddle priced for 7.6% move into Q4
12:39 EDTINFYInfosys April volatility elevated at 92 into Q4
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April 11, 2014
09:15 EDTINFYInfosys CEO Shibulal to retire, board commences search
Infosys announced earlier today that its board has begun the search to select the successor to Mr. S. D. Shibulal, its CEO and Managing Director. Shibulal has expressed his desire to retire as the CEO and MD of the company and as a member of the board either on the date of the last board meeting before his superannuation - January 9, 2015 or when his successor is ready to assume office, whichever date is earlier. The board said it will short list and evaluate an internal slate of candidates with the assistance of Development Dimensions International The board has also appointed Egon Zehnder, an executive search firm, to assist in identifying an external slate of candidates.
07:15 EDTINFYInfosys hires headhunter to help with new CEO search , Bloomberg says
The nominations committee of Infosys' board has hired executive search firm Egon Zehnder to begin the search for a successor to CEO S.D. Shibulal, according to Bloomberg, citing an e-mailed statement from the software-services provider. Reference Link
April 10, 2014
08:18 EDTAVGOMicron licenses SerDes IP from Avago for Hybrid Memory Cube
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April 9, 2014
16:03 EDTAVGOLSI Corp. stockholders approve acquisition by Avago
LSI Corporation (LSI) announced that its stockholders approved the previously announced merger agreement with Avago Technologies (AVGO) at a special meeting of stockholders. Upon the closing of the merger, stockholders of LSI will be entitled to receive $11.15 per share in cash, without interest, less any required tax withholding. Completion of the merger is subject to remaining regulatory approvals in various jurisdictions and LSI expects the merger to close in the first half of 2014.
07:28 EDTAVGOAvago price target raised to $76 from $65 at Canaccord
Canaccord raised its price target on Avago (AVGO) citing its growth potential in the China TD-LTE market, strong RF participation in the smartphones market, and improved margins following the close of its acquisition of LSI Corp (LSI). Shares are Buy rated.
April 8, 2014
08:35 EDTTPXTempur Sealy to acquire Sealy brand rights in Japan
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April 7, 2014
16:02 EDTFEPenelec's Utility Workers Union of America Local 180 to return to work
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13:05 EDTAVGOAnalyst says semiconductor stocks attractive after decline
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10:00 EDTAVGOOn The Fly: Analyst Downgrade Summary
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08:16 EDTAVGOPullback in semiconductor stocks creates buying opportunity, says Sterne Agee
After many semiconductor stocks dropped significantly on Friday, Sterne Agee thinks that the group's fundamental mid to long-term outlook hasn't changed. Sterne Agee thinks the companies are poised to benefit from strong product cycles and earnings leverage. It is most upbeat on Micron (MU), NXP Semiconductors (NXPI), Avago (AVGO), Skyworks (SWKS), and SanDisk (SNDK). The firm keeps Buy ratings on all the stocks named.
06:22 EDTAVGOAvago downgraded to Buy from Conviction Buy at Goldman
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