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Stock Market & Financial Investment News

News For GOOG From The Last 14 Days
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March 2, 2015
13:07 EDTGOOGPayPal reveals new physical card reader, Venture Beat says
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13:05 EDTGOOGGoogle confirms intent to launch U.S. wireless service, WSJ says
Speaking at an industry conference in Barcelona, Sundar Pichai, who oversees Google’s (GOOG) mobile operating system Android, said the search giant will launch a small scale U.S. wireless service with details to be unveiled in the months ahead, says the Wall Street Journal. Other companies in the space include Verizon (VZ), AT&T (T), Sprint (S) and T-Mobile (TMUS). Reference Link
11:39 EDTGOOGFidelity Contrafund cuts Google stake to 5.2% of net assets, Reuters reports
Fidelity Contrafund, one of Google's largest investors, has cut its stake in the search giant to 5.2% of net assets at January 31 from 7.3% of net assets as of June 30, Reuters reports. Fidelity Investments portfolio manager Will Danoff explains that "The firm continued to do phenomenally innovative things, but it is fighting a shift away from desktop search to less-expensive searches on mobile phones." Reference Link
10:00 EDTGOOGOn The Fly: Analyst Initiation Summary
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09:14 EDTGOOGApple, Google employees asking for $415M poaching settlement, Reuters says
Silicon Valley workers alleging that Apple (APPL), Google (GOOG), Intel (INTC), and Adobe (ADBE) colluded to limit poaching will attempt on Monday to win court approval for a $415M claim, reports Reuters. A judge had rejected the previous settlement offer of $324.5M as too low, saying the settlement would need to reach at least $380M. Reference Link
09:10 EDTGOOGGoogle initiated with a Hold at Axiom
09:08 EDTGOOGGoogle+ splits Photos and Streams, Horowitz to lead both
Bradley Horowitz, a Google VP, confirmed in a Google+ post that "the rumors are true -- I’m excited to be running Google’s Photos and Streams products! It’s important to me that these changes are properly understood to be positive improvements to both our products and how they reach users." Reference Link
08:47 EDTGOOGGoogle says mobile network developments coming soon, TechCrunch says
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08:29 EDTGOOGMicrosoft reportedly to buy news app for $30M, TechCrunch says
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07:56 EDTGOOGGoogle appoints new head of Google+, hints at changes, TechCrunch says
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06:00 EDTGOOGMarvell announces partnership with Google;s ATAP Group
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05:59 EDTGOOGSamsung announces Samsung Pay mobile payment system
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March 1, 2015
18:28 EDTGOOGBlackBerry expands cross platform strategy
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17:20 EDTGOOGGoogle shares could rise 5%-10% with a dividend, Barron's says
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February 27, 2015
09:35 EDTGOOGActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL MCD GOOG MNST BAC TSLA NFLX SINA AMZN WYNN
08:13 EDTGOOGGoogle pays $25M for .app web domain, BI says
Google has paid $25M for rights to the ".app" web domain, reports Business Insider, citing ICANN auction results. Reference Link
06:03 EDTGOOGGoogle Ventures' European arm takes stake in Kobalt, FT reports
Google Ventures' European unit has led a $60M investment round in Kobalt, a music technology company that helps songwriters collect fees from outlets like YouTube and Spotify, The Financial Times reports. Reference Link
February 26, 2015
18:28 EDTGOOGGoogle co-founders sell $113M in stock, Barron's says
Google CEO Larry Page sold 83,334 class A shares for $45.14M and 83,334 class C shares for $45M and co-founder Sergey Brin sold 16,626 class A shares for $8.93M and 16,666 class C shares for $8.91M, reports Barron's in its 'Inside Scoop' column. Reference Link
13:25 EDTGOOGGoogle to place ads in Google Play, may break up Google+, Forbes says
Google's product czar, Sundar Pichai, said the company will begin showing ads for apps in Google Play, and may break Google+ into pieces, according to Forbes. The company also plans new initatives in payments, commerce and enterprise apps, and would welcome the chance to reenter the Chinese market, Forbes quoted the executive as saying. Reference Link
10:40 EDTGOOGDish could consider partnering with Google in wireless, The Information says
According to The Information, Dish Network (DISH) is likely to play a large role in the telecommunications industry in the coming years, and could look to form a partnership with Google (GOOG), something the companies have previously discussed. Though Google did not bid in the most recent auction of wireless spectrum, sources say Google executive Milo Medin, considered a bid. Reference Link
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