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Stock Market & Financial Investment News

News Breaks
April 11, 2012
12:27 EDTPSO, AMZN, CBS, AAPL, NWSA, BKSDOJ confirms antitrust suit against Apple, settlements with three publishers
In a press conference, Attorney General Eric Holder confirmed that the Department of Justice filed a lawsuit in U.S. District Court for the Southern District of New York against Apple (AAPL) and five different book publishers – Hachette, HarperCollins (NWSA), Macmillan, Penguin (PSO) and Simon & Schuster (CBS). Holder confirmed that three of these publishers – Hachette, HarperCollins and Simon & Schuster – agreed to a proposed settlement. If approved, this settlement would resolve the Department’s antitrust concerns with these companies, and would require them to grant retailers – such as Amazon (AMZN) and Barnes & Noble (BKS)– the freedom to reduce the prices of their e-book titles. The settlement also requires the companies to terminate their anticompetitive most-favored-nation agreements with Apple and other e-books retailers and to be prohibited for two years from placing constraints on retailers’ ability to offer discounts to consumers.
News For AAPL;AMZN;BKS;CBS;PSO;NWSA From The Last 14 Days
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April 10, 2015
16:05 EDTAMZN, AAPLOptions Update; April 10, 2015
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15:28 EDTAAPLApple may charge $10-$15 per month for Beats music service, Bloomberg says
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14:27 EDTNWSANews Corp., 21st Century Fox mull move to WTC site, NY Times reports
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12:46 EDTAAPLOn The Fly: Midday Wrap
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11:00 EDTAAPLApple Watch largely sold out in 30 minutes, says Piper Jaffray
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10:56 EDTAAPLStocks with call strike movement; BIDU AAPL
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10:41 EDTAAPLBattleground: Analysts differ on Apple as Watch pre-orders kick off
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10:00 EDTAAPLOn The Fly: Analyst Downgrade Summary
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09:39 EDTAMZN, AAPLActive equity options trading on open
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09:14 EDTAMZNAmazon.com acquired shoe fitting technology startup, TechCrunch says
Amazon has purchased Shoefitr, a startup whose 3D technology helps match online shoppers with shoes that will best fit them, reported TechCrunch, citing a "reliable source very close to the company." Reference Link
09:11 EDTAMZNCleveland Research sees modest Q1 CSOI upside for Amazon.com
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09:01 EDTAMZNAmazon says High Dynamic Range coming to Prime Instant Video this year
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08:23 EDTAAPLGarmin may be appealing to value seekers, says Pacific Crest
Pacific Crest says its checks found no signs of a pause in demand for Garmin's (GRMN) products leading up to the release of Apple's (AAPL) Apple Watch. The firm suspects that Garmin may be less hurt by the Apple Watch than many believe, and it thinks downside risk from the launch of the Apple Watch has subsided. The firm believes that value seekers could see an opportunity in Garmin, but it keeps a Sector Perform rating on Garmin.
07:47 EDTAAPLApple target raised to $150 at Canaccord after survey shows strong iPhone demand
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07:45 EDTAAPLApple volatility elevated into Apple Watch launch
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06:51 EDTAAPLApple downgraded at Raymond James on tough comps, Apple Watch risk
As previously reported, Raymond James analyst Tavis McCourt downgraded Apple to Market Perform from Outperform ahead of Q2 results. McCourt raised estimates due to iPhone strength in China and stronger buyback activity but believes FY16 comps get tougher and Apple Watch expectations could fall short. He said early reviews of Apple Watch have been muted and could add to investors' fears regarding the company's ability to launch a new successful product. McCourt views Apple's valuation as in-line with large-cap tech peers and expects shares to remain range-bound.
06:36 EDTAAPLApple downgraded to Market Perform from Outperform at Raymond James
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06:23 EDTAMZNAmazon begins suing websites providing fake product reviews, BI reports
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06:15 EDTAMZNAmazon receives FAA approval for new drone tests, Reuters reports
Amazon has won the approval from the FAA to test new delivery drone outdoors, reports Reuters. The FAA granted the company request to test delivery drones in a letter dated Wednesday on the agency's website. According to the letter, Amazon must keep flights at an altitud no more than 400 feet and no faster than 100 miles per hour. Reference Link
06:04 EDTAAPLApple sees customer demand for Apple Watch exceeding supply at launch
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