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Stock Market & Financial Investment News

News Breaks
July 24, 2014
07:39 EDTUALUnited Continental ended Q2 with $6.8B in unrestricted liquidity
News For UAL From The Last 14 Days
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August 27, 2015
18:52 EDTUALOn The Fly: After Hours Movers
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17:38 EDTUALS&P announces changes to S&P 500 index
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17:31 EDTUALUnited Continental up 6.6% to $56.88 after being added to S&P 500
17:18 EDTUALUnited Continental to replace Hospira in S&P 500 as of 9/2 close
August 24, 2015
15:01 EDTUALWyndham slips after FTC given go-ahead for data breach lawsuit
Shares of Wyndham (WYN) have slipped in afternoon trading after an appeals court ruled that the FTC can sue the company over its allegedly poor cybersecurity practices. WHAT'S NEW: According to a Reuters report of court proceedings, the 3rd U.S. Circuit Court of Appeals in Philadelphia has ruled that the FTC may proceed with its lawsuit against Wyndham over data breaches in 2008 and 2009, saying the hotel company failed to take reasonable steps to protect customer information. Wyndham's allegedly lackluster data protection policies constitute "unfair and deceptive trade practices," granting the Federal Trade Commission authority to step in, said Judge Thomas Ambro. FTC Chairwoman Edith Ramirez commented, "It is not only appropriate, but critical, that the FTC has the ability to take action on behalf of consumers when companies fail to take reasonable steps to secure sensitive consumer information," according to the report. WHAT'S NOTABLE: Today's ruling comes in the wake of numerous high-profile "hack attacks," with American Airlines (AAL), Anthem (ANTM), United Airlines (UAL) and Target (TGT) all reporting digital security breaches in recent years. Though no final verdict has been reached in the case between the FTC and Wyndham, Judge Ambro may have established the beginnings of a legal precedent potentially allowing the Commission to sue companies for not going far enough to protect consumer data and Chairwoman Ramirez appeared to share that broader tone. PRICE ACTION: Shares of Wyndham are down about 4% in intraday trading. Cybersecurity firms FireEye (FEYE) and Palo Alto Networks (PANW) are down roughly 2% and 2.7% for the afternoon.
10:25 EDTUALUnited Continental initiated with a Buy at Standpoint Research
Target $70.
August 18, 2015
20:00 EDTUALAirline stocks fall as companies face probes, labor issues, WSJ says
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August 16, 2015
18:20 EDTUALFAA working with airlines to restore operations after August 15 cancellations
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August 14, 2015
16:37 EDTUALAppaloosa gives quarterly update on stakes, takes stake in Apple
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