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Stock Market & Financial Investment News

News Breaks
November 21, 2012
06:19 EDTNWSA, WMT, HPQOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Fed Chairman Bernanke suggested that the central bank will continue trying to push down long-term interest rates next year, as federal tax and spending policies become a more substantial headwind to the U.S. economy., the Wall Street Journal reports...In Brussels, euro zone finance ministers and IMF officials ended a 12-hour meeting this morning without a solution to Greece's debt problems, saying the technical details involved are so complex that they will meet again on Monday , the Wall Street Journal reports...REUTERS: The National Labor Relations Board said itís unlikely to make a decision before the Thanksgiving holiday on Wal-Mart Storesís (WMT) move push to end protests and rallies outside its stores, Reuters reports...German financial authorities cleared the way for News Corp. (NWSA) to own a majority in German pay-TV company Sky Deutschland, Reuters reports...BLOOMBERG: The FBI, responding to an inquiry by the SEC, is looking into Hewlett-Packardís (HPQ) allegations of accounting improprieties at its Autonomy Corp. unit, sources say, Bloomberg reports...U.S. housing starts jumped to a four-year high last month, up 3.6% to a 894,000 annual rate, the fastest since July 2008, according to the Commerce Department, Bloomberg reports.
News For WMT;NWSA;HPQ From The Last 14 Days
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May 18, 2015
15:15 EDTWMTWal-Mart May weekly volatility increases into Q1 and outlook
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15:00 EDTWMTNotable companies reporting before tomorrow's open
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14:35 EDTWMTWal-Mart technical comments ahead of results
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14:15 EDTHPQHewlett-Packard volatility elevated into Q2 and outlook
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14:04 EDTWMTEarnings Watch: Wal-Mart sees Q1 EPS 95c-$1.10, U.S. SSS up 1%-2%
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07:21 EDTWMTWal-Mart Q1 should benefit from lower gas, stronger consumer, says Stephens
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06:30 EDTWMTWal-Mart to repair stores in labor dispute, Reuters reports
Wal-Mart said it would seek permits to rip up floors and replace plumping lines at five stores that justified its abrupt closure, reports Reuters. The move follows a union-backed complaint to the National Labor Relations Board last month after Wal-Mart temporarily closed the stores. The union accused the company for shutting down the stores to stop workers from organizing. Reference Link
May 15, 2015
11:00 EDTHPQHewlett-Packard volatility elevated into Q2 and outlook
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07:40 EDTHPQHP split to be positive catalyst, says Deutsche Bank
Deutsche Bank believes HP's split will be a positive catalyst for shares this year. It views the stock as attractively priced ahead of the Q2 results on May 21 and says HP remains a top pick for 2015. Deutsche has a Buy rating on the name with a $45 price target.
May 14, 2015
09:40 EDTHPQHP upgraded to Buy from Hold at Cross Research
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07:58 EDTWMTWal-Mart risk/reward favorable into Q1 results, says Baird
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06:15 EDTHPQHP Q2 sales weakness largely expected, says Citigroup
Citigroup believes HP's Q2 revenue on May 21 could miss the consensus expectation of $25.8B due to PC weakness and currency pressure. Citi thinks sales weakness is largely expected, however. The firm says HP shares "will start to work again" as management will likely address and quantify the additional costs of operating as two separate companies. Uncertainty around the size of the dis-synergy costs has been a key factor behind the stock's recent underperformance, Citi believes. It keeps a Buy rating on HP with a $41 price target.
May 13, 2015
18:09 EDTWMTWal-Mart to launch $50 unlimited shipping service in summer, AP says
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13:28 EDTWMTWal-Mart set to launch Amazon Prime rival, The Information reports
Wal-Mart (WMT) is nearing the launch of a subscription fast-shipping service that will compete with Amazon Prime (AMZN), Amir Efrati of The Information reports, citing people involved with or briefed on the product. The service is an attempt to boost Wal-Mart's online business and should launch in the next few weeks after being pushed back for technical and other issues, Efrati adds. Shares of Amazon are down $2.63 to $428.39 in afternoon trading while Wal-Mart is down 66c to $78.30. Reference Link
13:23 EDTWMTWal-Mart set to launch rival to Amazon Prime, The Information reports
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12:43 EDTHPQHewlett-Packard volatility elevated into Q2 and outlook
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07:06 EDTWMTAlibaba, Wal-Mart partner on consumer payments, China Daily reports
Alibaba (BABA) announced that it would partner with Wal-Mart (WMT) in China on consumer bill payments, according to China Daily. Under the deal, 25 Wal-Mart stores in the city of Shenzhen will enable consumers to pay their bills through Alibaba's payment service, and the arrangement will be gradually expanded to all of Wal-Mart's stores in China, the newspaper stated. Reference Link
May 12, 2015
09:14 EDTWMTApps World to hold a conference
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08:27 EDTWMTU.S. Chamber of Commerce to hold a summit
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May 11, 2015
07:50 EDTHPQHP awarded IT services contract by California WCDS
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