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Stock Market & Financial Investment News

News Breaks
May 23, 2014
05:55 EDTYNDXSputnik unlikely to gain meaningful market share, says Deutsche Bank
Deutsche Bank believes Sputnik, a Russian government-sponsored search engine project, is unlikely to gain meaningful natural market share given consumer preference for Yandex (YNDX). However, the firm sees risk of Sputnik gaining unnatural share in the near-term based on recent comments from government officials. Deutsche has a Buy rating on Yandex with a $33 price target.
News For YNDX From The Last 14 Days
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April 20, 2015
09:18 EDTYNDXOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Morgan Stanley (MS), up 2.1%... Cliffs Natural (CLF), up 1.3%... Check Point Software (CHKP), up 1.1%. ALSO HIGHER: Genetic Technologies (GENE), up 28.2% after additional health centers to offer BREVAGenplus... Hanwha Q Cells (HQCL), up 16.2% following solar module supply agreement with NextEra Energy (NEE)... Provectus (PVCT), up 6.7% after receiving notice of allowance for PV-10 combined with other drugs. DOWN AFTER EARNINGS: Royal Caribbean (RCL), down 6.1%... FARO (FARO), down 16.4%. ALSO LOWER: Yandex (YNDX), down after Barron's recommends that investors take some profits... Carnival (CCL), down 2% after Royal Caribbean reported quarterly results.
09:15 EDTYNDXTake some profits in Yandex, Barron's says
Yandex shares are up 16% this year and investors should consider taking some profits, Barron's argues in its 'Emerging Markets' column. Reference Link

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