Evercore Partners Inc
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The "Talking Squawk" blog is meant to be a funny, sarcastic look at business news through the unique "Squawk Box" lens. But it was difficult to think about anything from that viewpoint this week.
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SAN FRANCISCO, May 17- Strong debuts in the initial public offerings of two business software companies on Friday underscored a pattern in the market: While consumer companies like Facebook Inc get the buzz, enterprise companies are racking up most of the market gains.
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NEW YORK, May 15- Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending.
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Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
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Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
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*Groupon board forms committee to start search for new CEO. May 8- Groupon Inc's quarterly revenue rose a faster-than-expected 7.5 percent after the company's North American daily deals business turned in a strong performance, stirring hopes that the struggling company may have begun to turn things around.
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New York and Chicago- based Guggenheim has hired former Barclays head of investment banking for retail companies and vice chairman Andrew Taussig as well as managing directors Spencer Hart, Matthew Pilla, Ken Harada and Ryan Mash, the firm said in a press release last week.
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By Lisa Richwine LOS ANGELES, May 7- Media giant Walt Disney Co. CEO Bob Iger said Disney parks drew more visitors thanks to investments in new attractions such as Cars Land at Disneyland Resort in Anaheim, California, and the expansion of Fantasyland at Walt Disney World in Orlando, Florida.
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*Evercore starts with overweight; price target of $14. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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May 3- Wall Street took a long-tem view on LinkedIn Corp's prospects on Friday, with at least six brokerages raising their price targets despite the company's slower-than-expected shift to a marketing model based on selling ads on news feeds.
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May 3- Renaissancere Holdings Ltd:. *Evercore cut to equal weight from overweight- Theflyonthewall.com. Reuters Station users, click. 1568.
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May 3- Endeavour Mining Corp:. *Goldman Sachs cuts price target to C $1.50 from C $2.30; rating buy. Reuters Station users, click. 1568.
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Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S. economic recovery and further reduce the deficit, an official said.
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Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S. economic recovery and further reduce the deficit, an official said.
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May 2- Online recruitment company Monster Worldwide Inc, which has been up for sale for more than a year, said it would buy back shares if a sale did not go through. The company put itself up for sale in March 2012 as weak job markets in the United States and Europe, which generate the lion's share of its revenue, dragged on its performance.
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*Evercore raises target price to $54 from $53; rating overweight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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May 2- Seagate Technology PLC:. *Evercore raises target price to $38 from $36; rating equal weight. Reuters Station users, click. 1568.
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*Evercore Partners raises target price to $32 from $28; rating equal weight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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May 1- Sumner Redstone had a good day on Wednesday as his two companies Viacom Inc and CBS Corp reported quarterly results that beat Wall Street estimates on the back of unexpectedly strong TV advertising revenue. Viacom shares touched a new multiyear high before closing up 2.6 percent on the Nasdaq, while CBS shares rose 1 percent in after-hours trading.
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*Evercore raises target price to $5 from $4.30; rating underweight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*Evercore cuts price target to $49 from $59; rating equal-weight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.