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Stock Market & Financial Investment News

News Breaks
November 8, 2012
07:25 EDTBRCD, QCOM, VZ, RHT, FIRE, GOOG, VMW, CSCO, INTCISI Group to host a conference
2012 Tech Change Conference is being held in Washington, D.C. on November 8.
News For VZ;INTC;GOOG;QCOM;CSCO;FIRE;BRCD;VMW;RHT From The Last 14 Days
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August 21, 2015
05:55 EDTGOOGGoogle building EUR150M data center in West Dublin, Independent.ie reports
Google is investing EUR150M to build a new data center in West Dublin, Ireland, Independent.ie reports. The first construction phase, which will create 400 jobs, is expected to be completed later this year. Reference Link
05:31 EDTBRCDBrocade upgraded to Buy from Hold at Summit Research
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August 20, 2015
19:35 EDTGOOGGoogle tests video ads in search results, Digiday says
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19:02 EDTBRCDOn The Fly: After Hours Movers
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18:59 EDTGOOGGoogle, Amazon, private equity compete for Indian data center unit, ET says
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18:07 EDTBRCDBrocade seeing pressure in server business due to IBM-Lenovo deal
Brocade (BRCD) says "where we've really seen pressure has been in our server related business," due to market conditions as well as divestiture of IBM's (IBM) commodity business to Lenovo (LNVGY). Says growth of flash storage continues to be one of the "most disruptive" factors in data center. Comments taken from Q3 earnings conference call.
17:59 EDTBRCDBrocade sees Q4 adjusted EPS 23c-25c, consensus 24c
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16:03 EDTBRCDBrocade reports Q3 adjusted operating margin 26.9%
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16:02 EDTBRCDBrocade reports Q3 adjusted gross margin 68.6%
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16:01 EDTBRCDBrocade reports Q3 adjusted EPS 27c, consensus 22c
Reports Q3 revenue $552M, consensus $550.54M.
16:00 EDTINTCOptions Update; August 20, 2015
iPath S&P 500 VIX Short-Term Futures up 1.49 to 17.70. Option volume leaders: AAPL BAC FB NFLX DIS INTC BABA MU
14:42 EDTBRCDNotable companies reporting after market close
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14:39 EDTINTC, VMWEarnings Watch: Hewlett-Packard reports ahead of company split
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12:56 EDTGOOGSmall drones bringing air traffic problems in U.S., Washington Post reports
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08:02 EDTVZFCC to hold a conference and workshop
2015 Supplier Diversity Conference & Workshop is being held at FCC Washington, D.C. offices on August 20 at 9:30 am. Webcast Link
07:06 EDTGOOGGoogle loses some user data due to Belgium lightning strike, BBC News reports
Google has lost some data due to a lightning strike in Belgium, BBC News reports. While lightning did not strike the company's data center, the local power grid was struck by lightning four times, and some users' data has been permanently lost as a result. Reference Link
05:56 EDTGOOGGoogle Express to shut down two California delivery hubs, Re/code says
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August 19, 2015
14:56 EDTBRCDBrocade August volatility elevated into Q3 and outlook
Brocade August call option implied volatility is at 94, September is at 40; compared to its 52-week range of 24 to 45 suggesting large price movement into the expected release of Q3 results on Aug 20.
13:13 EDTGOOGGoogle says to open YouTube production space in Mumbai 'soon'
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10:42 EDTGOOGAnalyst increases Google price target by $265, upgrades to buy
Research firm Atlantic Equities upgraded Google (GOOG, GOOGL) to Overweight from Market Weight, saying that it is more upbeat on the company's search business, while YouTube is becoming a major growth driver. Additionally, the search giant's margins look poised to improve, the firm stated. Overweight is Atlantic's equivalent of a buy rating. WHAT'S NEW: Google's second quarter results showed that its search business is weathering the transition to mobile better than expected, Atlantic Equities analyst James Cordwell stated in a note to investors today. Meanwhile, YouTube's revenue, despite growing very quickly, can rise even further since it still accounts for just roughly 5% of global TV viewing outside of China, according to Cordwell. Additionally, the movement of ad dollars from conventional TV to online TV looks set to accelerate, the analyst believes. Furthermore, Google is undertaking initiatives that should cause the amount of money it obtains from each mobile click to rise, the analyst believes. Commenting on the outlook for Google's margins, Cordwell believes that they should be boosted by the cost cuts being undertaken by the company's new CFO. The analyst raised his price target on the company's Class A shares to $825 from $560. PRICE ACTION: In mid-morning trading, Google's common stock rose $2.60 to $658.73 and its Class A shares rose $2.70 to $691.43.
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