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Stock Market & Financial Investment News

News Breaks
February 7, 2014
14:51 EDTEXPE, GLUU, YELP, TWTROptions with decreasing implied volatility: TWTR YELP EXPE GLUU BOIL
News For TWTR;YELP;GLUU;EXPE From The Last 14 Days
Check below for free stories on TWTR;YELP;GLUU;EXPE the last two weeks.
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April 8, 2014
06:19 EDTTWTRTwitter initiated with a Buy at Janney Capital
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April 7, 2014
14:18 EDTEXPEGoogle licenses booking software from Expedia-backed startup, Bloomberg says
Tech giant Google (GOOG), which has been bolstering its investments in travel, is now licensing hotel-booking software from Room 77, a startup backed by Expedia (EXPE), reported Bloomberg, citing a letter sent to Room 77 shareholders that was obtained by the news service. Other online travel agencies include Priceline Group (PCLN) and Orbitz Worldwide (OWW). Reference Link
12:11 EDTTWTRTwitter acquires Cover, terms not disclosed
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10:00 EDTYELPOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
07:10 EDTYELPYelp upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded its rating on Yelp (YELP) shares to Outperform with a $78 price target citing the recent pullback in shares. Opco sees an attractive risk/reward profile at current levels. Shares of Yelp closed Friday down $4.85 to $65.76.
06:49 EDTTWTRWeibo looking to raise over $380M in IPO, NY Times says
SINA's (SINA) Weibo hopes to raise more than $380M in its upcoming IPO and price its shares at $17-$19, Weibo said in its prospectus, according to The New York Times. Known as a "microblog," Weibo has been compared to Twitter (TWTR). Reference Link
April 5, 2014
19:30 EDTTWTRTwitter to launch new ad products, WSJ says
In a push to appease e-commerce companies and mobile-game developers, Twitter is planning to debut 15 types of new ad products and ways to target users over the coming six months, says the Wall Street Journal, citing sources. The first group of new adds will be released in a few weeks and will include a product that encourages users to download apps through Twitter, added the Wall Street Journal. Reference Link
April 4, 2014
16:00 EDTTWTROptions Update; April 4, 2014
iPath S&P 500 VIX Short-Term Futures up 89c to 41.88. Option volume leaders: AAPL C P NFLX LNG BAC INTC TSLA TWTR according to Track Data.
11:31 EDTTWTRStocks with call strike movement; JCP TWTR
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April 3, 2014
16:37 EDTYELPOn The Fly: Closing Wrap
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16:00 EDTTWTROptions Update; April 3, 2014
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15:28 EDTTWTRTwitter introduces Vine message service
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13:09 EDTYELPYelp volatility up a day after FTC reveals over 2,000 complaints since 2008
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12:37 EDTTWTRTwitter downside accelerates, levels to watch
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11:56 EDTYELPYelp drops again after revealing subpoenas are issued monthly
Shares of Yelp (YELP) are declining for a second straight day after the Federal Trade Commission disclosed yesterday that it had received over 2,000 complaints about the company over the last five years. Meanwhile, The Wall Street Journal, citing a Yelp spokeswoman, reported today that the company receives about six subpoenas per month. WHAT'S NEW: Yelp's stock is falling for a second day after the Federal Trade Commission yesterday stated that it had received 2,046 complaints about Yelp from 2008 through March 4, 2014. The agency's statement came in response to a Freedom of Information Act request by Wall Street Journal writer Angus Loten. Many of the subpoenas received by Yelp relate to lawsuits filed by business owners over reviews, The Journal reported. Other subpoenas that the company receives seek the names of anonymous users who have posted reviews on Yelp, the newspaper added. WHAT'S NOTABLE: Later this month, the Virginia Supreme Court is slated to hear a key lawsuit involving Yelp, The Journal noted. The carpet cleaning business that filed the lawsuit alleges that seven negative reviews about it which were placed on Yelp were fraudulent and may have been posted by its competitors, the newspaper stated. The business has sued the seven reviewers for defamation and is trying to force Yelp to disclose the names of the reviewers, The Journal reported. ANALYST REACTION: In a note to investors earlier today, SunTrust analyst Robert Peck wrote that the 6% decline in the stock yesterday was "likely an overreaction." The number of complaints received by the FTC against Yelp is not "noteworthy," given the large number of reviews on the website, Peck stated. Moreover, the number of subpoenas that the company receives is "uninspiring," the analyst argued. He kept a Neutral rating on the shares. PRICE ACTION: In late morning trading, Yelp fell $3, or 4%, to $72.60.
11:55 EDTTWTRStocks with call strike movement; JCP TWTR
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10:53 EDTTWTRTwitter ban lifted by Turkey, official says, Reuters reports
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09:27 EDTYELPYelp sell-off yesterday likely an overreaction, says SunTrust
SunTrust believes the number of FTC complaints regarding Yelp is not noteworthy given the number of companies that have been reviewed on the company's platform. The firm views yesterday's sell-off in shares as a likely overreaction but keeps a Neutral rating on the name.
07:44 EDTTWTRTurkey court orders Erdogan government to remove Twitter ban, Bloomberg says
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06:36 EDTYELPYelp receives subpoenas monthly over users, WSJ reports
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