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Home Depot hack hits 56M, Concur surging, JetBlue gets new captain

Pras Subramanian
Producer/Reporter

Home Depot (HD): Shares are higher despite the home improvement retailer revealing that the extent of it's past data breach compromised around 56 million cards. This amount is actually more than the number of credit cards hacked in Target's massive data theft. However, despite the breach, the company has reaffirmed its full-year revenue outlook and raised its earnings forecast.

Concur (CNQR): The cloud computing company is surging today after another buyout in the space. Concur will be bought by German software giant S-A-P for $129 per share in cash, a 20 percent premium for the maker of expense management software. The deal is worth a total of $7.3 billion, including assumed debt. SAP says Concur has 25 million users in 150 countries, and had revenues of approximately $170 million, which is dwarfed by the $5.6 billion in revenue SAP collects.

Jetblue (JBLU): Shares of the DirecTV enabled airline trading higher as President Robin Hayes will succeed the lengendary Dave Barger as CEO on February 16, 2015. Apparently the street likes the selection of Hayes, as Barger and indicated previously that he was thinking of retiring. Hayes, a former British Airways exec, joined JetBlue in 2008 as executive vice president and chief commercial officer.

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