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Stock Market & Financial Investment News

News Breaks
February 12, 2013
06:55 EDTTW, TW, TW, EBAY, EBAY, EBAY, EMC, EMC, EMC, BRCM, BRCM, BRCM, DASTY, DASTY, DASTY, GME, GME, GME, NSR, NSR, NSR, SNDK, SNDK, SNDK, TECD, TECD, TECDGoldman to host a conference
Technology & Internet Conference is being held in San Francisco on February 12-14.
News For TW;EBAY;EMC;BRCM;DASTY;GME;NSR;SNDK;TECD From The Last 14 Days
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July 11, 2014
10:49 EDTEBAYeBay breaks out of downtrend, levels to watch
There has been a distinct downtrend in the name from the highs of March down to the lows of June. After a brief period of basing the shares are breaking out from that downtrend resistance line. At the current price of $51.59, next resistance is at $52.33 which was a recent pivot high on a closing basis. Support is at $50.94.
09:31 EDTSNDKSanDisk mentioned cautiously at ITG Research
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09:25 EDTSNDKSanDisk remains a favorite idea at Cleveland Research
Cleveland Research continues to see upside to consensus estimates for SanDisk through 2015. The firm said demand exceeds supply, allowing SanDisk to maximize balanced profitability. Shares are Buy rated.
09:14 EDTSNDKSanDisk has several positive catalysts, says Sterne Agee
Sterne Agee expects SanDisk (SNDK) to benefit from several developments, including a strengthening high margin retail market and new Apple (AAPL) products that will include embedded MCP and SSDs. The firm expects SanDisk to report solid June quarter results and guide to a stronger September quarter. It keeps a Buy rating.
07:08 EDTSNDKSanDisk July volatility elevated at 58 into Q2 and outlook
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06:33 EDTGMEGameStop CEO says retailer won't mess with creative direction, CNet reports
GameStop CEO Paul Raines said the company will not tamper with the creative direction, reports CNet. The company, however, is in the early stages of talking with game publishers about funding exclusive game content for customers. Reference Link
06:23 EDTEBAYChannelAdvisor reports Amazon June SSS up 34.4%, eBay up 12.3%
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July 10, 2014
06:00 EDTEBAYeBay repatriated cash likely to be used for M&A, says Piper Jaffray
Piper Jaffray believes a large part of the $9B in cash eBay expects to repatriate to the U.S. will be used for acquisitions in the payments space. The cash, equating to $6B net of taxes, could help eBay take advantage of the shift to mobile payments, the firm says. Piper lists Square, VeriFone (PAY), iZettle and Corduro as companies in the payment space that are within acquisition range for eBay. The firm has an Overweight rating on eBay with a $63 price target.
July 9, 2014
11:00 EDTEMCWells says VMware growth could slow, downgrades shares
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10:27 EDTGMEGameStop calls active on renewed takeover chatter
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10:23 EDTGMERumor: GameStop moves up on renewed takeover chatter
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10:02 EDTBRCMOn The Fly: Analyst Upgrade Summary
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08:31 EDTEMCVMware CEO sees EMC helping it remain independent, WSJ reports
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08:24 EDTEBAYeBay July volatility elevated into Q2 and PayPal outlook
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08:09 EDTEMCEMC product refresh addressed TCO issues, says Credit Suisse
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07:14 EDTTECDTech Data announces U.S. distribution agreement with Cisco
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05:33 EDTBRCMBroadcom upgraded to Outperform from Perform at Oppenheimer
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July 8, 2014
06:17 EDTBRCMAtmel, Broadcom, Intel, Samsung announce collaboration
Atmel (ATML), Broadcom (BRCM), Dell, Intel (INTC), Samsung (SSNLF) and Wind River are joining forces to establish a new industry consortium focused on improving interoperability and defining the connectivity requirements for the billions of devices that will make up the Internet of Things. The Open Interconnect Consortium is focused on defining a common communications framework based on industry standard technologies to wirelessly connect and intelligently manage the flow of information among personal computing and emerging IoT devices, regardless of form factor, operating system or service provider. Member companies will contribute software and engineering resources to the development of a protocol specification, open source implementation, and a certification program, all with a view of accelerating the development of the IoT. The OIC specification will encompass a range of connectivity solutions, utilizing existing and emerging wireless standards and will be designed to be compatible with a variety of operating systems. Additional member companies are expected to join OIC in the coming months.
06:09 EDTSNDKDRAM and NAND flash chip supplies to fall short of demand in 2H14, DigiTimes say
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06:06 EDTEMCEMC acquires TwinStrata, terms not disclosed
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