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Stock Market & Financial Investment News

News For WFC;AXP;BBY;INFY;UPIP;ERIC;JCP;ARQL;BV From The Last 14 Days
Check below for free stories on WFC;AXP;BBY;INFY;UPIP;ERIC;JCP;ARQL;BV the last two weeks.
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April 15, 2014
10:31 EDTINFYInfosys falls through support, levels to watch
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10:18 EDTINFYOptions with decreasing implied volatility: BBBY INFY STZ RAD
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09:40 EDTINFYInfosys shares fall after earnings, levels to watch
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09:16 EDTINFYOn The Fly: Pre-market Movers
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09:05 EDTBVBazaarvoice acquires FeedMagnet for $9M in cash
Bazaarvoice announced that it has acquired FeedMagnet, a privately-owned social media curation company that enables brands to collect, curate and display consumer-generated images, video and social content on their websites and other marketing properties. The transaction, completed in a $9M cash purchase, complements the Bazaarvoice platform with a customer-centric rich media solution that enables brands and retailers to create powerful visual commerce solutions.
08:35 EDTINFYInfosys sees FY15 revenue to growth 7%-9%, consensus $9.06B
08:34 EDTINFYInfosys board recommends final dividend of 43c
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08:33 EDTINFYInfosys reports Q4 liquid assets were $5B as on March 31
08:32 EDTINFYInfosys reports Q4 EPS 85c, consensus 79c
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06:53 EDTAXPAmazon.com rejects bitcoin, doesn't rule out payment network, Re/code says
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06:43 EDTAXPFormer AmEx Singapore employee fined for client data misuse, Bloomberg says
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06:14 EDTINFYInfosys raises dividend pay-out ratio to 40% of post-tax profits
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06:13 EDTINFYInfosys sees FY15 revenue up 7%-9%
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06:12 EDTINFYInfosys reports Q4 EPS 85c, consensus 79c
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April 14, 2014
14:33 EDTINFY Infosys April 55 straddle priced for 7.6% move into Q4
12:39 EDTINFYInfosys April volatility elevated at 92 into Q4
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10:56 EDTWFCMasterCard, Visa rise after analysts recommend their shares
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10:09 EDTERICEricsson falls, levels to watch
Shares are down 3.5% in a narrow range of $12.60 at the low to $12.67 at the high. At current price resistance is at $13.13, the prior day close. Support is at $12.46.
April 11, 2014
17:09 EDTWFCStocks tumble as investors remain skittish
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16:21 EDTWFCOn The Fly: Closing Wrap
Stocks on Wall Street were lower in a session that saw the averages struggle for direction early before sellers gained control and pushed stocks lower through the second half of the session. With today's losses, the averages each finished the week with losses greater than 2%, with the tech-heavy Nasdaq losing 3% to close below 4,000 for the first time since early February. ECONOMIC EVENTS: In the U.S., the Producer Price Index jumped 0.5% in March, versus expectations for it to be up 0.1%. The University of Michigan consumer sentiment reading jumped to 82.6 in the preliminary April look, which was better than forecast and its highest reading since July. COMPANY NEWS: JPMorgan (JPM) and Wells Fargo (WFC) kicked off earnings season for the major banks, with their quarterly results, and stocks, moving in opposite directions following the news. Dow member JPMorgan fell $2.10, or 3.66%, to $55.30 after its earnings per share and revenue significantly trailed consensus estimates. Shares of Wells gained 37c, or 0.78%, to $48.08 after the bank's profits beat the consensus forecast. MAJOR MOVERS: Among the notable gainers was BofI Holding (BOFI), up $6.02, or 8.09%, to $80.46 near midday after the company last night announced a deal to acquire H&R Block's (HRB) bank assets. H&R Block shares fell 78c, or 2.74%, to $27.64. Also higher was Zygo (ZIGO), up $4.75, or 32.36%, to $19.43 after the company agreed to be acquired by Ametek (AME) for $19.25 per share in cash in a deal that represents an aggregate enterprise value of $280M for Zygo. Among the noteworthy losers was Herbalife (HLF), down $8.36, or 13.97%, to $51.48 after a report late in the session from the Financial Times said the company is facing a criminal investigation from the U.S. Department of Justice and FBI regarding its business practices. Also lower was NQ Mobile (NQ), a recent target of noted short-seller Carson Block, down $3.29, or 20.58%, to $12.70 after its profit missed expectations and the company disclosed that it found accounting errors in its recent reports. INDEXES: The Dow was down 143.47, or 0.89%, to 16,026.75; the S&P 500 was down 17.39, or 0.95%, to 1,815.69; the Nasdaq was down 54.37, or 1.34%, to 3,999.73.
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