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Stock Market & Financial Investment News

News Breaks
April 22, 2012
18:21 EDTGE, GLW, AAPL, GRPN, LNKD, AMZN, MSFT, FB, CRM, F, BAC, NFLXAmerica's portfolio managers see more gains for stocks, Barron's reports
Barron's conducted his Spring 2012 Big Money poll. America's money managers were cautiously optimistic about the stock market's prospects in the year ahead. The breakdown of the professional money managers investment outlook through June 2013 was: 4% very bullish, 51% bullish, 31% neutral, 12% bearish and 2% very bearish. That is up modestly from last fall's survey, when 52% of managers were bullish, and down modestly from the spring 2011 poll, when 59% of Big Money pros were bulls. The group expects the DJIA to rise by 6% through year end, to 13,756, and add another 3% thereafter, to arrive at 14,183 by June 2013. In round numbers that's a gain of 10% from Friday's close of 13,029.26. Forty-six percent of Big Money managers say the market is undervalued today, compared with 61% last fall. Another 41% think stocks are fairly valued, vs. 26% who felt that way in October. Among industry sectors, institutional investors are most bullish on the prospects for financials and technology shares, and most bearish on utilities and basic-materials stocks. Banks also will benefit as the economy strengthens and credit quality improves. But a better economy could be a bane for utility shares. Predictions for S&P 500 profit growth for 2012: 9.4%; for 2013: 7.6%. Predictions for oil in 2012: $103.79; for 2013: $103.86. Predictions for gold in 2012 $1,637; for 2013: $1,646. Favorite stocks of those polled for the next six to 12 months: Apple (AAPL), Bank of America (BAC), Microsoft (MSFT), Corning Glass (GLW), Ford (F), General Electric (GE), Salesforce.com (CRM). Stocks considered overvalued by respondants: Apple, Amazon.com (AMZN), Salesforce.com, LinkedIn, Netflix (NFLX), Facebook (FB)- based on the expected IPO, Bank of America, Groupon (GRPN). Reference Link
News For AAPL;BAC;MSFT;GLW;F;AMZN;GE;CRM;LNKD;NFLX;FB;GRPN From The Last 14 Days
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May 23, 2013
17:54 EDTMSFTGoogle loses bid to block imports of Xbox One, Bloomberg says
The ITC ruled that Microsoft's (MSFT) new Xbox One does not infringe patents held by Google's (GOOG) Motorola Mobility unit, preventing Google from getting imports of Xbox One to the U.S. blocked, reports Bloomberg. Reference Link
17:11 EDTMSFTGoogle loses bid to block U.S. imports of Microsoft's Xbox, Bloomberg reports
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16:10 EDTCRMSalesforce.com sees FY14 EPS 47c-49c, consensus 49c
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16:07 EDTCRMSalesforce.com sees Q2 EPS 11c-12c, consensus 12c
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16:06 EDTCRMSalesforce.com reports Q1 EPS 10c , consensus 10c
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16:00 EDTAAPL, CRMOptions Update; May 23, 2013
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15:24 EDTCRMNotable companies reporting after market close
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14:46 EDTMSFTGameStop reported solid Q1 results but uncertainty remains, says Piper Jaffray
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13:24 EDTCRMSalesforce.com May 46 weekly straddle priced for 7.6% move into Q1
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12:52 EDTAMZNGoogle cuts data storage prices
Google earlier today announced that it was reducing its Google App Engine data storage prices by up to 25%. Reference Link
11:51 EDTMSFTGameStop says 'lots of rumors' out there about Microsoft Xbox One
GameStop says company, customers excited about Xbox One.
11:49 EDTNFLXStocks with call strike movement; NFLX APOL
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11:38 EDTMSFTGameStop sees being able to leverage buy/sell/trade model with new consoles
GameStop (GME) says in communication with Microsoft (MSFT) about how used games and resale will be handled in respect to upcoming Xbox One.
11:22 EDTMSFTGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTMSFTGameStop says 'right in the middle' of opportunity presented by new consoles
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10:38 EDTAMZNAmazon.com makes Kindle Fire HD tablets available in over 170 countries
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09:59 EDTAAPLAnalyst: Apple won't launch computerized watch until late 2014, BGR says
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09:37 EDTNFLX, AAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ
09:25 EDTAAPLSamsung's Galaxy S4 reaches 10M channel sales
Samsung Electronics announced that global channel sales of its GALAXY S4 has surpassed 10M units sold in less than one month after its commercial debut. Launched globally on April 27 in 60 countries, the phone is estimated to be selling at a rate of four units per second.
09:13 EDTLNKDLinkedIn unveils new navigation bar
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