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Stock Market & Financial Investment News

News Breaks
September 13, 2012
10:25 EDTVRNT, VRNT, OCZ, OCZ, AVGO, AVGO, TNGO, TNGO, QLGC, QLGC, IGTE, IGTE, MCRL, MCRL, DELL, DELL, NVDA, NVDA, NOW, NOW, UBNT, UBNT, SOL, SOLDeutsche Bank to host a conference
2012 Access Technology Conference is being held in Las Vegas on September 11-13 with webcasted company presentations to begin on September 13 at 10:30 am; not all company presentations may be webcasted. Webcast Link
News For VRNT;UBNT;NOW;NVDA;DELL;MCRL;IGTE;QLGC;TNGO;AVGO;OCZ;SOL From The Last 14 Days
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May 24, 2013
06:22 EDTDELLIcahn hired Jefferies to help fund Dell deal, NY Post reports
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May 23, 2013
19:33 EDTDELLIcahn, Southeastern engage banks on financing for Dell deal, Reuters says
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10:08 EDTNVDAOn The Fly: Analyst Initiation Summary
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10:08 EDTSOLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Blue Nile (NILE) downgraded to Sector Perform from Outperform at RBC Capital... Devon Energy (DVN) downgraded to Neutral from Overweight at JPMorgan... Fabrinet (FN) downgraded to Hold from Buy at Deutsche Bank... Flextronics (FLEX) downgraded to Hold from Buy at Deutsche Bank... Patterson-UTI Energy (PTEN) downgraded to Sell from Neutral at Goldman... Prosperity Bancshares (PB) downgraded to Market Perform at BMO Capital... Realty Income (O) downgraded to Sell from Neutral at Goldman... ReneSola (SOL) downgraded to Underperform from Neutral at Credit Suisse... Sanmina (SANM) downgraded to Sell from Hold at Deutsche Bank... Multiband (MBND) downgraded to Market Perform from Outperform at Northland Securities... DuPont (DD) downgraded to Sell from Hold at BGC Partners... Bank of the Ozarks (OZRK) downgraded to Neutral from Buy at Sterne Agee... Comerica (CMA) downgraded to Negative from Neutral at Susquehanna.
07:50 EDTNVDANVIDIA initiated with a Hold at Topeka
Target $15.
06:29 EDTSOLReneSola downgraded to Underperform from Neutral at Credit Suisse
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May 22, 2013
17:04 EDTOCZOCZ Technology receives anticipated letter from NASDAQ
OCZ Technology announced that, as anticipated, the company received a letter from the Staff of the Listing Qualifications Department of NASDAQ indicating that, based upon the company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended February 28, 2013 with the SEC, as required by NASDAQ Listing Rule 5250(c)(1), the additional filing deficiency would be considered by the Listing Qualifications Panel in rendering a determination regarding the company's request for continued listing on NASDAQ. As previously reported, the company has not yet filed its Forms 10-Q for the fiscal quarters ended August 31, 2012 and November 30, 2012, or the restatement of its financial statements included in its Form 10-K for the fiscal year ended February 29, 2012 and its Form 10-Q for the fiscal quarter ended May 31, 2012 with the SEC, as required. The company has presented its plan to regain compliance with the Filing Requirements before the Panel at which it requested additional time within which to do so. The NASDAQ Hearings Panel has granted the company's request to extend the stay of the suspension of trading of the company's common stock pending the final determination regarding the company's listing status.
10:00 EDTIGTEOn The Fly: Analyst Downgrade Summary
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09:17 EDTTNGOTangoe, SAP sign software development cooperation agreement
Tangoe (TNGO) announced that it has signed a Software Development Cooperation Agreement with SAP (SAP). Under terms of the agreement, Tangoe and SAP will work cooperatively to integrate Tangoe’s Mobile TEM software suite with the SAP Mobile Secure portfolio including SAP Afaria 7.0. Specifically, the agreement enables Tangoe and SAP to develop interoperability between the SAP Afaria mobile device management software and Tangoe’s procurement, fulfillment, invoice processing, expense allocation, asset management, plan optimization, catalog management and carrier payment capabilities.
07:24 EDTDELLNetEvents International to host a summit
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07:10 EDTIGTEiGATE downgraded to Perform from Outperform at Oppenheimer
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05:49 EDTSOLReneSola receives JET certification for Japan market
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May 21, 2013
14:12 EDTNVDANVIDIA announces PhysX support for Microsoft Xbox One
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12:51 EDTIGTEiGATE downgraded to Neutral from Buy at Sidoti
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12:33 EDTIGTEiGATE tumbles after firing CEO over employee relationship
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11:41 EDTIGTEiGATE former CEO heavily involved in sales efforts, says Wells Fargo
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11:38 EDTSOLHigh option volume stocks: KOS MWE HGG SOL MDT
06:20 EDTNVDANVIDIA implied volatility at lower end of index mean range
05:26 EDTIGTEiGATE terminates CEO Phaneesh Murthy, Gerhard Watzinger appointed interim CEO
iGATE announced that its board has decided to terminate the employment of president and CEO Phaneesh Murthy. Concurrently, the board has appointed Gerhard Watzinger as president and CEO on an interim basis. All changes are effective immediately. The board's decision was made as a result of an investigation by outside legal counsel, engaged by the board, of the facts and circumstances surrounding a relationship Murthy had with a subordinate employee and a claim of sexual harassment. The investigation, which is ongoing, has reached the finding that Murthy's failure to report this relationship violated iGATE's policy, as well as Murthy's employment contract. The investigation has not uncovered any violation of iGATE's harassment policy.
May 20, 2013
16:55 EDTDELLS&P lowers Dell ratings to 'BBB' from 'A-', remains on watch negative
Standard & Poor's Ratings Services lowered its corporate credit and senior unsecured debt ratings on Dell to 'BBB' from 'A-', and its commercial paper rating to 'A-2' from 'A-1'. All ratings remain on CreditWatch, where they were placed with negative implications on Feb. 5. The initial CreditWatch listing reflected S&P's assessment that the $24.4B going private transaction, which includes a substantial portion of debt financing, will materially degrade Dell's financial risk profile, which S&P currently view as modest. Although Carl Icahn submitted a non-binding alternative acquisition proposal, the Michael Dell and Silver Lake Partners LBO proposal remains the only transaction that has been approved by Dell's board of directors. S&P's review of the LBO transaction terms and the company's ownership, business and financial strategy may also result in a downward revision of its assessment of Dell's business risk profile.
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