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     Alcatel-Lucent (ALU) was gaining 1.1% to $3.62 Wednesday after announcing that Finnish wireless carrier and ISP Elisa will upgrade its network with the company's wireless network equipment. The company's said they will deploy the "industry's most advanced end-to-end IP/MPLS network solution" as part of the network upgrade.

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     Yahoo (YHOO)! Just after market open, shares had spiked 6.9% to $36.56. Over the three months to March, the company reported first-quarter earnings of 38 cents a share, a penny higher than analysts surveyed by Thomson Reuters (TRI) had expected. In a post-earnings conference call after the bell Tuesday, Yahoo (YHOO)! Alibaba is expected to file for an initial public offering on U.S. markets later this year.

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    Tuesday's one-day sale of Google Glass, Google's (GOOG) much-anticipated wearable tech device, was apparently popular enough to close the company's Explorer Program -- for now. Google (GOOG) announced on its Google Glass Web site that it is currently "out of spots" for said-explorers but "may have more to share soon."

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    Intel (INTC) beat Wall Street's first-quarter earnings estimate on Tuesday, lifted by growth in its data center business and signs of improvement in the PC market. Analysts focused plenty of attention on Intel's (INTC) gross margin in a flurry of notes released on Wednesday morning. Jefferies raised its Intel (INTC) price target to $35 from $32 on Wednesday, citing the chip giant's gross margin strength.

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    The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Twitter Inc said on Tuesday that it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government.

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     Google (GOOG) reports first-quarter earnings after the close, and all eyes will be on whether cost-per-click, a key advertising metric, will start to turn around. Last quarter, Mountain View, Calif.-based Google (GOOG) earned on a non-GAAP basis $12.01 per share, generating $13.55 billion in revenue, excluding traffic acquisition costs.

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    Mexico's telecommunications regulator IFT set an 830-million-peso minimum price for new free-to-air television channels, the agency said in a statement Wednesday. The regulator announced in March plans to auction two new free-to-air channels following a major sector overhaul passed last year aimed at boosting competition in the market.

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    * Telco candidate Recchi frontrunner to become chairman. * Rebel investor to support new board but remains vigilant. * Investors with 56 pct of capital present at meeting -source. Telecom Italia investors gathered on Wednesday to vote on a board restructuring that will for the first time put a majority of independent directors in charge of overseeing Italy's largest phone group.

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    Updated from 8:21 a.m. to include additional analyst thoughts in the sixth paragraph. NEW YORK -- First-quarter earnings at Yahoo (YHOO)! Yahoo (YHOO)! Analysts surveyed by Thomson Reuters (TRI) expected Yahoo (YHOO)! Piper Jaffray (PJC) analyst Gene Munster noted that user metrics are starting to turn around for Yahoo!, but there's still plenty of work to do. Much of the complaint has been made that Yahoo!

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     Yahoo! Must Read: Warren Buffett's 10 Favorite Growth Stocks. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. --------------- Separately, TheStreet Ratings team rates YAHOO INC (YHOO) as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation: "We rate YAHOO INC (YHOO) a BUY.

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    What is one of the biggest inconveniences for urban dwellers? With consumers purchasing increasing amounts online, the added burden of secure delivery, packages clogging front vestibules and overburdening residential maintenance staff is a big worry. Package Concierge believes it has the solution to urban package deliveries, something it thinks Amazon's Lockers do not.

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    Virtualization software maker VMware Inc (VMW) said it plans to invest $500 million in India over the next three years to expand its operations. The new investment will include about $70 million of unused funds from a $120 million investment plan announced last year, Chief Executive Pat Gelsinger said in a press conference in Bangalore.

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    * Sees H1 sales of 3 bln euros including EUV sales. * Previously saw 3 bln euros of sales excluding EUV. * Blames slower Q2 demand from logic customers. By Anthony Deutsch and Sara Ledwith. ASML (ASML), the world's biggest manufacturer of tools for semiconductor chip makers, cut its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers.

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    ASML (ASML), the world's biggest manufacturer of tools for semiconductor chip makers, altered its sales forecast for the first half, saying it now expects to sell 3 billion euros worth of products including extreme ultraviolet systems. The Veldhoven-based company had previously forecast sales of 3 billion for the first half excluding sales of EUV systems.

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    Dutch cable operator Ziggo (ZIGGF), which accepted a bid by U.S. group Liberty Global (LBTYA), said on Tuesday its core profit fell 4.3 percent in the first quarter, as it spent more to keep its customers and fend off competition. The group, which in January agreed to be bought in a deal that values it at 10 billion euros, said its spending drive would be highest in the first half of the year.