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  • 08/15/2017 09:35:54

    UPDATE 2-Uber settles U.S. allegations over privacy, security -FTC

    WASHINGTON, Aug 15 (Reuters) - U.S. regulators said on Tuesday that Uber Technologies Inc agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride-hailing company had made deceptive privacy and data security claims.

  • 08/15/2017 09:07:40

    Uber settles U.S. allegations over privacy, security -FTC

    WASHINGTON (Reuters) - U.S. regulators said on Tuesday that Uber Technologies Inc agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride-hailing company had made deceptive privacy and data security claims.

  • 08/15/2017 09:03:33

    UPDATE 1-Uber settles U.S. allegations over privacy, security -FTC

    WASHINGTON, Aug 15 (Reuters) - U.S. regulators said on Tuesday that Uber Technologies Inc agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride-hailing company had made deceptive privacy and data security claims.

  • 08/14/2017 15:26:44

    Tepper's Appaloosa dumps Snap Inc., stake, loads up on tech, health care

    David Tepper's hedge fund Appaloosa Management unloaded its position in Snapchat-parent Snap Inc., and disclosed increases in the tech and health-care sectors at the end of the second quarter. As of June 30, Tepper's fund showed that his fund dumped 100,000 shares of of Snap Inc. , which has lost more than a third of its value since it debuted as a public entity in early March. Tepper had been one of a number of prominent investors who had vocally expressed support of the social-messaging company. On Monday, Snap's shares were among the most active, gaining about 6.5% to start the week. Elsewhere, Appaloosa showed new positions in the PowerShares QQQ Trust Series 1 , which mimics the technology laden Nasdaq-100 , purchasing 1.8 million shares of the so-called QQQs, valued at $249 million, representing about 3.7% of his overall portfolio, according to data from research provider Whalewisdom.com. The fund also more than doubled its Apple Inc. position to 625,000 shares worth about $90 million and those of Altaba Inc. , which he boosted to 5.1 million shares valued at $280 million. Appaloosa showed a fresh stake in Alibaba Group Holding Limited , scooping up 3.6 million shares worth $520 million. Tepper's investment vehicle added a new position in exchange-traded IBB , a prominent ETF tracking the biotech sector, and SPDR S&P Biotech ETF , which closely mimics the S&P 500's health-care sector. Tepper's firm bought 235,000 shares of IBB worth about $73 million and 330,000 shares of XBI valued at $34 million, as of the end of June. In other sales, Tepper & Co. unloaded all of its position in Teva Pharmaceutical Industries , Energy Transfer Partners L.P. and Pfizer Inc. among others. Related: Active-managers have a new favorite toolMarket Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/14/2017 15:14:19

    Tepper's Appaloosa dumps Snap Inc. stake, loads up on tech, health care

    David Tepper's hedge fund Appaloosa Management unloaded its position in Snapchat-parent Snap Inc., and disclosed increases in the tech and health-care sectors at the end of the second quarter. As of June 30, Tepper's fund showed that his fund dumped 100,000 shares of of Snap Inc. , which has lost more than a third of its value since it debuted as a public entity in early March. Tepper had been one of a number of prominent investors who had vocally expressed support of the social-messaging company. On Monday, Snap's shares were among the most active, gaining about 6.5% to start the week. Elsewhere, Appaloosa showed new positions in the PowerShares QQQ Trust Series 1 , which mimics the technology laden Nasdaq-100 , purchasing 1.8 million shares of the so-called QQQs, valued at $249 million, representing about 3.7% of his overall portfolio, according to data from research provider Whalewisdom.com. The fund also more than doubled its Apple Inc. position to 625,000 shares worth about $90 million and those of Altaba Inc. , which he boosted to 5.1 million shares valued at $280 million. Appaloosa showed a fresh stake in Alibaba Group Holding Limited , scooping up 3.6 million shares worth $520 million. Tepper's investment vehicle added a new position in exchange-traded IBB , a prominent ETF tracking the biotech sector, and SPDR S&P Biotech ETF , which closely mimics the S&P 500's health-care sector. Tepper's firm bought 235,000 shares of IBB worth about $73 million and 330,000 shares of XBI valued at $34 million, as of the end of June. In other sales, Tepper & Co. unloaded all of its position in Teva Pharmaceutical Industries , Energy Transfer Partners L.P. and Pfizer Inc. among others.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/09/2017 14:54:28

    BRIEF-R C M Technologies reports Q2 net earnings per share data $0.02

    R C M Technologies Inc- * R C M Technologies Inc announces second quarter results. * Q2 revenue rose 0.2 percent to $45.5 million.

  • 08/04/2017 07:42:21

    BRIEF-Cboe holdings to open satellite Hong Kong AIPAC office in Q3 - Conf call

    Cboe Holdings Inc(CBOE). * We will be opening a satellite Hong Kong AIPAC office in the third quarter - Conf call. * We are implementing a new index technology platform that will serve as the foundation for our growing index business and enables us to better calculate and disseminate data for new and existing indices - Conf call.

  • 08/04/2017 00:17:23

    Asia stocks edge higher, dollar languishes ahead of U.S. jobs data

    SINGAPORE (Reuters) - Asian stocks inched up on Friday after a technology-led drop on Wall Street, with gains kept in check by investors' reluctance to stake out fresh positions ahead of U.S. jobs data later in the global day.

  • 07/25/2017 06:19:24

    Seagate Technology's stock plunges after profit and sales miss, CEO change

    Shares of Seagate Technology PLC plummeted 17% in premarket trade Tuesday toward an eight month low, after the data storage products maker reported fiscal fourth-quarter results that were well below expectations and announced a leadership transition. Net profit for the quarter to June 30 rose to $114 million, or 38 cents a share, from $70 million, or 23 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to 65 cents, missing the FactSet consensus of 98 cents. Revenue fell to $2.41 billion from $2.65 billion, below the FactSet consensus of $2.56 billion. "Although the near-term dynamics of technology shifts present demand variations for the storage industry from time to time, we continue to see growing storage demand in the long-run driven by the proliferation of data growth from new technologies, emerging industries, and growing businesses," said Chief Executive Steve Luczo. Separately, the company said Luczo will transition to executive chairman on Oct. 1, and will be replaced as CEO by Dave Mosley, currently Seagate's chief operating officer. The stock has plunged 21% over the past three months through Monday, while the S&P 500 has gained 3.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/24/2017 02:00:00

    Arteco And ZKAccess Present Webinars On Video Surveillance And Access Control Integration

    Arteco, a global provider of event-driven intelligent video management solutions, will present a series of seminars focused on highlighting the benefits of video surveillance and access control integration. Arteco will partner with ZKAccess to host a webinar on July 26, 2017, from 1 p.m.-2 p.m. Eastern, and a lunch-and-learn event on Aug. 2, 2017 from 9 a.m.-12 p.m. Central, at the Accu-Tech branch in Dallas, to display the benefits of the combination of these two intelligent platforms. Organizations in a wide variety of markets are hungry for data and seek to gain as much information as possible about their business, daily operations, an emergency situation or security breach, and more. However, disparate pieces of information provide little value when trying to achieve this goal. To find the knowledge captured within data, it must be combined and presented in an intelligent way — allowing the user to make informed decisions based on a comprehensive view....

  • 07/18/2017 14:34:12

    Vertex Pharma shares rally on cystic fibrosis drug study results

    Vertex Pharmaceuticals Inc. shares surged in the extended session Tuesday after the biotech drug maker announced positive results from clinical trials of its cystic fibrosis treatments. Vertex shares rallied 26% to $166.50 after hours. The company said data from clinical studies of its treatment candidates VX-152 and VX-440 showed an up to 12% average improvement in lung function in cystic fibrosis patients given the drugs. Cystic fibrosis is a genetic defect that causes an abnormal buildup of mucus in the lungs leading to chronic infection and progressive lung damage.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/18/2017 13:09:35

    Surging Netflix puts Nasdaq on pace for longest win streak in 2 years

    The Nasdaq Composite Index on Tuesday was on track to book its longest streak of gains in more than two years and its first record close in about a month, highlighting a steady climb for the tech-centric benchmark, and a rebound in popular trades like Netflix Inc. . Most recently, the Nasdaq was trading in record territory and on track to mark its longest string of gains, at eight sessions in a row, since the 10-session period ended Feb. 24, 2015, according to the WSJ Market Data Group. The gauge had been wrestling with an extended downturn in technology shares since June 8, when the sector began a monthlong slump amid fears the high-flying group, including names like Facebook Inc. , Amazon.com Inc., Apple Inc. , Netflix, and Alphabet-parent Google Inc. , were rising too far, too fast. However, those companies and the tech benchmark has been recently rebounding from its June lows, with a recent batch of second-quarter earnings from Netflix helping to bolster sentiment in those growth names Overall, the Nasdaq Composite was trading up 0.4%, above its all-time closing high of 6,321.76 set June 8, while the Dow Jones Industrial Average was down about 0.3%, pressured by a slump in shares of Goldman Sachs , while the S&P 500 index was trading flat. The popular tech-focused, exchange-traded Technology Select Sector SPDR ETF also was trending higher and facing its own eight-session streak, as was the PowerShares QQQ Trust Series 1 , which is designed to mimic the performance of the large-cap Nasdaq-100 index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/18/2017 11:33:57

    Netflix stock rally puts Nasdaq Composite on pace for longest win streak in 2 years

    The Nasdaq Composite Index on Tuesday was on track to book its longest streak of gains in more than two years, highlighting a steady climb for the tech-centric benchmark, and popular trades like Netflix Inc. , as it nears a fresh record. Most recently, the Nasdaq was trading in record territory and on track to mark its longest string of gains, at eight sessions in a row, since the 10-session period ended Feb. 24, 2015, according to the WSJ Market Data Group. The gauge had been wrestling with an extended downturn in technology shares since June 8, when the sector began a monthlong slump amid fears the high-flying group, including names like Facebook Inc. , Amazon.com Inc., Apple Inc. , Netflix, and Alphabet-parent Google Inc. , were rising too far, too fast. However, those companies and the tech benchmark has been recently rebounding from its June lows, with a recent batch of second-quarter earnings from Netflix helping to bolster sentiment in those growth stocks. Overall, the Nasdaq Composite was trading up 0.2% but above its all-time closing high of 6,321.76 set June 8, while the Dow Jones Industrial Average was down about 0.4%, pressured by a slump in shares of Goldman Sachs , while the S&P 500 index also was off 0.1%. The popular tech-focused, exchange-traded Technology Select Sector SPDR ETF also was trending higher and facing its own eight-session streak, as was the PowerShares QQQ Trust Series 1 , which is designed to mimic the performance of the large-cap Nasdaq-100 index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/18/2017 09:12:23

    Netflix stock rally puts Nasdaq on pace for longest win streak in 2 years

    The Nasdaq Composite Index on Tuesday was on pace to book its longest streak of gains in more than two years, highlighting a steady climb for the tech-centric benchmark, and popular trades like Netflix, as it nears a fresh record. Most recently, the Nasdaq was bouncing around but if it closes in the green, it will mark its longest string of gains, at eight sessions in a row, since the 10-session period ended Feb. 24, 2015, according to the WSJ Market Data Group. The gauge had been wrestling with an extended downturn in technology shares since June 8, when the sector began a monthlong slump amid fears the high-flying group, including names like Facebook Inc. , Amazon.com Inc., Apple Inc. , Netflix Inc. , and Alphabet-parent Google Inc. , were rising too far, too fast. However, those companies and the tech benchmark has been recently rebounding from its June lows, with a recent batch of second-quarter earnings from Netflix helping to bolster sentiment in those growth stocks. Overall, the Nasdaq Composite was trading flat but has an all-time closing high above 6,321 in sight, while the Dow Jones Industrial Average was down about 0.5%, pressured by a slump in shares of Goldman Sachs and UnitedHealth Group Inc. , while the S&P 500 index also was off 0.2%. The popular tech-focused, exchange-traded Technology Select Sector SPDR ETF also was trending higher and facing its own eight-session streak, as were the PowerShares QQQ Trust Series 1 , which is designed to mimic the performance of the large-cap Nasdaq-100 index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/07/2017 09:24:31

    Tech Stocks, Jobs Data Drive Wall Street Higher

    Wall Street extended gains in late morning trading on Friday, powered by robust jobs data and a rebound in technology stocks.

  • 07/07/2017 09:16:40

    US STOCKS-Tech stocks, jobs data drive Wall St higher

    * Indexes up: Dow 0.28 pct, S&P 0.33 pct, Nasdaq 0.67 pct (Adds details, changes comment, updates prices)

  • 07/05/2017 13:28:31

    Dow, Nasdaq gains belie bad market breadth

    The Big 3 market indexes rose Wednesday, led by the tech-friendly Nasdaq Composite , but market internal data told a very different story, with most individual stocks trading lower. The number of advancing stocks outnumbered decliners by a 1,836-to-1,069 score on the NYSE and by a 1,536-to-1,166 margin on the Nasdaq. And while 62% of Nasdaq volume was in advancing stocks, only about 36% of NYSE volume was in gainers. Meanwhile, the Dow Jones Industrial Average edged up about 5 points in afternoon trade, but only 12 of 30 components gained ground. The S&P 500 tacked on 0.2% and the Nasdaq Composite rallied 0.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/29/2017 16:27:05

    Micron Technology beats Q3 earnings estimates

    Shares of Micron Technology Inc. rose slightly after-hours Thursday after the chip maker reported earnings for the third quarter. Micron reported net income of $1.6 billion, or $1.40 per share, after reporting a loss of $215 million, or 21 cents per share during the same period a year ago. Adjusted earnings per share came in at $1.62, above FactSet consensus of $1.52. Revenue for the quarter hit $5.6 billion, up from $2.9 billion in the year earlier and just above FactSet's $5.4 billion consensus. "The global trends taking shape today, including machine learning and big data analytics, are exciting and create significant opportunities for Micron," said Chief Executive Sanjay Mehrotra in a statement. "We are focused on positioning the company to realize these opportunities by investing in technology and products while also strengthening our balance sheet." Shares of Micron Technology have gained nearly 44% in the year to date, while the S&P 500 index is up 8% in the year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/29/2017 14:40:33

    Shares of Micron Technology slump following Q3 earnings report

    Shares of Micron Technology Inc. fell more than than 2% after the chip maker reported earnings for the third-quarter. Micron reported net income of $1.6 billion, or $1.40 per share, after reporting a loss of $215 million, or 21 cents per share during the same period a year ago. Adjusted earnings per share came in at $1.62, above FactSet consensus of $1.52. Revenue for the quarter hit $5.6 billion, up from $2.9 billion in the year earlier and just above FactSet's $5.4 billion consensus. "The global trends taking shape today, including machine learning and big data analytics, are exciting and create significant opportunities for Micron," said Chief Executive Sanjay Mehrotra in a statement. "We are focused on positioning the company to realize these opportunities by investing in technology and products while also strengthening our balance sheet." Shares of Micron Technology have gained nearly 44% in the year to date, while the S&P 500 index is up 8% in the year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/29/2017 14:21:40

    Shares of Micron Technology slump following Q3 profit misses expectations

    Shares of Micron Technology Inc. fell more than than 2% after the chip maker reported third-quarter profit that was below Wall Street expectations. Micron reported net income of $1.6 billion, or $1.40 per share, after reporting a loss of $215 million, or 21 cents per share during the same period a year ago. The FactSet consensus for earnings per share was $1.52. Revenue for the quarter hit $5.6 billion, up from $2.9 billion in the year earlier and just above FactSet's $5.4 billion consensus. "The global trends taking shape today, including machine learning and big data analytics, are exciting and create significant opportunities for Micron," said Chief Executive Sanjay Mehrotra in a statement. "We are focused on positioning the company to realize these opportunities by investing in technology and products while also strengthening our balance sheet." Shares of Micron Technology have gained nearly 44% in the year to date, while the S&P 500 index is up 8% in the year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/28/2017 09:38:33

    Nutanix shares soar after report of partnership with Alphabet

    Shares of Nutanix Inc. were soaring 10% Wednesday after Alphabet Inc. said it had formed a partnership with the software company, according to CNBC. Nutanix pioneered a technology for businesses called hyperconvergence, which consolidates storage and servers. The first move under the partnership will be to move applications from physical data centers to Google Cloud, CNBC reported. Shares of Alphabet were down less than 1% Wednesday. Nutanix shares have gained 8% month-to-date, compared to the S&P 500's gain of 1%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/21/2017 15:36:19

    IT defense contractor Vencore files for IPO

    Virginia-based Vencore Holding Corp. has filed for an initial public offer, according to a late Wednesday filing. Vencore is a government information-technology contractor focusing primarily cybersecurity, data management, and systems support for U.S. intelligence agencies and departments such as Justice and Homeland Security, and it is the "prime contractor" for the U.S. Navy's Tomahawk program, according to the prospectus. The company reported sales of $1.17 billion in 2016, and $285 million in the first quarter of this year. Vencore is expected to trade on the New York Stock Exchange under the symbol VNCR. Private-equity group Veritas Capital Management owns Vencore. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/20/2017 12:37:30

    AMD's stock surges to within a penny of erasing losses during recent 'tech wreck'

    Shares of Advanced Micro Devices Inc. shot up 8% in active trade Tuesday, to come within a penny of erasing all the losses suffered during the so-called "tech wreck" that started on June 9, ahead of the expected release of the company's new server CPU, Epyc, later this afternoon. Volume jumped to 85.6 million shares, above the full-day average of 74.6 million shares. On June 9, when the broad and selloff in the technology sector began in midday trade, AMD's stock had erased an intraday rally of as much as 3.9% to close down 4.8%. It tumbled a total of 11% through June 16 before starting its recovery this week. "Feedback from data center partners regarding AMD's latest data center Zen-based chip, Epyc, has been positive," said Pacific Crest analyst Michael McConnell. He said Epyc is likely to "fill the void" in the marketplace as a second source to Intel Corp. . AMD's stock has rallied 14% year to date, while Intel shares have slipped 3.5% and the S&P 500 has gained 9.1%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/15/2017 11:44:38

    Shorts hold fire against big tech names as U.S. sector slides

    NEW YORK, June 15 (Reuters) - The current sell-off in U.S. technology shares has brought rare good news for short sellers, but they are not in any rush to boost their bearish bets against the shares of the biggest tech companies, data from financial analytics firm S3 Partners showed.

  • 06/14/2017 14:22:41

    Wall Street edges lower after Fed raises rates

    US stocks edged down at the close after the US central bank raised interest rates for the second time this year.The Federal cited continued US economic growth and job market strength.It also said it will begin cutting holdings of bonds and other securities this year.The Dow Jones closed up 0.22% at 21,374.56, while the wider S&P 500 index fell 0.10% to 2,437.92. The tech-heavy Nasdaq fell 0.41%, to 6,194.89. "I don't think that there is really too much new in here outside of the fact that the Fed remains committed to the slow gradual normalisation process despite some of the weak data that we've had," said Mark Cabana, head of US short rates strategy at Bank of America Merrill Lynch in New York.US consumer prices unexpectedly fell in May and retail sales recorded their biggest drop in 16 months.

  • 06/02/2017 16:19:58

    Tech leads Wall Street higher; jobs data falls short

    NEW YORK (Reuters) - U.S. stocks closed at record levels for a second consecutive session on Friday, as gains in technology and industrial stocks more than offset a lukewarm jobs report.

  • 06/02/2017 14:54:23

    BRIEF-Dynavax presents updated data for sd-101 in combination with keytruda

    * Dynavax Technologies Corp - co presents updated data for sd-101 in combination with keytruda(r) (pembrolizumab)

  • 06/02/2017 14:11:23

    US STOCKS-Tech leads Wall St higher; jobs data falls short

    * Dow up 0.29 pct, S&P 500 up 0.37 pct, Nasdaq up 0.94 pct (Updates to market close)

  • 05/30/2017 22:27:45

    PRECIOUS-Gold set for first monthly drop since Dec as Fed rate hike likely

    * Gold, palladium heading for first monthly decline since December * Spot gold may break support at $1,257 per ounce- technicals * Silver falls after hitting one-month high on Tuesday (Adds quotes, updates prices) By Vijaykumar Vedala May 31 (Reuters) - Gold fell for a third day on Wednesday, set for its first monthly drop since December, as U.S. economic data boosted the case for an interest rate hike by the Federal Reserve next month. U.S. consumer spending recorded

  • 05/30/2017 22:01:01

    Swiss biotech NLS Pharma's ADHD drug succeeds in mid-stage study

    May 31 (Reuters) - Swiss biotech NLS Pharma AG said on Wednesday mid-stage trial data showed that its drug to treat attention deficit hyperactivity disorder (ADHD) greatly reduced symptoms in adults, paving the way for a late-stage trial.

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