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Stock Market & Financial Investment News

News For MRVL;AVGO;GRPN;FB;PCLN;ZNGA;GME;LSI;QCOM;OPLK;CSCO From The Last 14 Days
Check below for free stories on MRVL;AVGO;GRPN;FB;PCLN;ZNGA;GME;LSI;QCOM;OPLK;CSCO the last two weeks.
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June 12, 2013
13:33 EDTFBFacebook introduces hashtags
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12:12 EDTQCOMSynaptics slides after firm warns of Galaxy S4 production cut
Shares of Synaptics (SYNA), which develops touch products for smartphones, are declining after research firm Maxim Group wrote that the company would be hurt by Samsung's (SSNLF) decision to produce many fewer Galaxy S4 devices. WHAT'S NEW: Samsung has started reducing its shipments of Galaxy S 4 smartphones in response to weak sales of the device, Maxim Group wrote in a note to investors. The Korean company is likely to reduce production of the device by 20%-25%, the firm added. Synaptics has the most exposure to the Galaxy S4 of all the companies that Maxim covers, the analyst wrote. TODAY'S PRICE ACTION: In early afternoon trading, Synaptics fell $1, or 2.6%, to $37.75. OTHERS TO WATCH: Other companies with exposure to Samsung devices include Broadcom (BRCM), Maxim Integrated (MXIM), Audience (ADNC), Peregrine (PSMI), RF Micro Devices (RFMD), Skyworks (SWKS), ARM Holdings (ARMH), Qualcomm (QCOM), and TriQuint (TQNT).
09:57 EDTGMEGameStop falls from early highs, levels to watch
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07:36 EDTMRVLMarvell looks to have won key Apple deal, says RBC Capital
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07:32 EDTMRVLLazard Capital to host a conference
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07:27 EDTLSIThe Linley Group to host a conference
Linley Tech Carrier Conference 2013 is being held in Santa Clara, California on June 12-13.
06:14 EDTFBU.S. tech firms demand government transparency on security, Reutters reports
Three major U.S. Internet companies --Google (GOOG), Microsoft (MSFT) and Facebook (FB)-- called on the U.S. government to provide greater transparency on national security requests, as they sought to distance themselves from reports that portrayed the companies as willing partners in supplying mass user data to security agencies, reports Reuters.Reference Link
05:59 EDTQCOMQualcomm quarter tracking at least in-line, says Deutsche Bank
Deutsche Bank said it conducted channel checks for Qualcomm after reports said demand for Samsung’s S4 had slowed. Following checks, Deutsche believes Qualcomm's business continues to do well and that the quarter is tracking at least in-line with guidance. The firm maintains a Buy rating on the stock with a $78 price target.
June 11, 2013
14:30 EDTFBFacebook CEO 'disappointed' in stock performance
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13:22 EDTMRVLMarvell may have won SSD contoller socket in new MacBook Air, says JPMorgan
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08:23 EDTGMEE3 shows game console battle intensifies, says RW Baird
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08:01 EDTAVGOAvago management to meet with Deutsche Bank
Meeting to be held in Boston on June 11 hosted by Deutsche Bank.
07:44 EDTQCOMQualcomm upside more likely than downside, says Morgan Stanley
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06:03 EDTCSCOStocks with implied volatility below IV index mean; CSCO GMCR
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June 10, 2013
17:38 EDTGMEGameStop now taking pre-orders for Xbox One
GameStop (GME) is now taking pre-orders on Microsoft’s (MSFT) next generation, all-in-one gaming and entertainment system, the Xbox One. Pre-orders for the Xbox One can be made at any U.S. GameStop store location or online with a $100 deposit that will be applied toward the $499 cost of the console.
12:11 EDTFBOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14.
10:57 EDTFBFacebook advances following upbeat Street research
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10:28 EDTFBFacebook rises after upgrade, levels to watch
Shares are currently up over 5%, broadly outperforming the sector and peers, following an upgrade earlier today to Buy at Stifel. At the current price of $24.49, next resistance is at $25. This is an important technical level as it has been both support and resistance. Support is currently at $24.10.
09:28 EDTFBOn The Fly: Pre-market Movers
HIGHER: Monsanto (MON), up 3.5% after Monsanto following upgrade at Macquarie, comments from Morgan Stanley on implications of potential approval of product in China... Facebook (FB), up 3.1% following upgrade at Stifel, JPMorgan reiterating its Overweight rating on shares... Apricus Biosciences (APRI), up 14% after announcing European approval for ED drug Vitaros... McDonalds (MCD), up 1.8% after May global comp sales rose 2.6%. LOWER: Tesla (TSLA), down 3.2% following cautious mention over weekend in Barron's magazine... Titan International (TWI), down 5.8% following downgrades by at least three firms... Dynavax (DVAX), down 29% after reporting feedback from FDA meeting regarding Heplisav.
07:41 EDTFBJPMorgan reiterates Overweight on Facebook after weakness
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