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Stock Market & Financial Investment News

News Breaks
January 28, 2014
10:00 EDTBOXC, BBT, WNR, PENN, NVR, BCRX, CJES, HAFC, TTS, PSX, DK, BHI, PTEN, HIMX, SYNA, OFS, CHEF, AAPLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Apple (AAPL) downgraded to Perform from Outperform at Oppenheimer... BioCryst (BCRX) downgraded to Underperform from Neutral at BofA/Merrill... Chef's Warehouse (CHEF) downgraded to Hold from Buy at BB&T... Delek US (DK) downgraded to Neutral from Outperform at Credit Suisse... NVR (NVR) downgraded to Neutral from Positive at Susquehanna... OFS Capital (OFS) downgraded to Underweight from Equal Weight at Barclays... Penn National (PENN) downgraded to Underperform from Buy at BofA/Merrill... Phillips 66 (PSX) downgraded to Neutral from Outperform at Credit Suisse... Synaptics (SYNA) downgraded to Perform from Outperform at Oppenheimer... Tile Shop (TTS) downgraded to Neutral from Outperform at RW Baird... Western Refining (WNR) downgraded to Neutral from Outperform at Credit Suisse... Himax Technologies (HIMX) downgraded to Neutral from Buy at Chardan... Brookfield Canada Office Properties (BOXC) downgraded at BMO Capital... Hanmi Financial (HAFC) downgraded to Market Perform from Outperform at Fig Partners... BB&T (BBT) downgraded to Equal Weight from Overweight at Morgan Stanley... Patterson-UTI Energy (PTEN) downgraded to Sell from Neutral at Guggenheim... C&J Energy (CJES) downgraded to Sell from Neutral at Guggenheim... Baker Hughes (BHI) downgraded to Sell from Neutral at Guggenheim.
News For AAPL;BCRX;CHEF;DK;NVR;OFS;PSX;PENN;SYNA;TTS;WNR;HIMX;HAFC;BBT;PTEN;CJES;BOXC;BHI From The Last 14 Days
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May 12, 2015
07:41 EDTAAPLApple CEO says holding talks about Apple Pay with Alibaba, Reuters reports
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06:58 EDTAAPLApple examines new nano material touch panels, ETNews reports
Apple (AAPL) is planning to example nano new material on touch panels, reports ETNews. The company expects the new technology to raise sense of touch and decrease cost. According to unnamed sources, Apple requested AgnW touch-panel samples that is verified for mass-production from LG Display (LPL), Samsung Display (SSNLF), Japan Display and other suppliers. Reference Link
May 11, 2015
16:37 EDTSYNASynaptics appoints Wajid Ali as CFO
announced the appointment of Wajid Ali as SVP and CFO. Ali replaces Synaptics' current CFO, Kathleen Bayless, who announced her retirement in December 2014. Ali joins Synaptics from Teledyne Technologies.
16:00 EDTAAPLOptions Update; May 11, 2015
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14:57 EDTAAPLUSPTO sides with Apple, says certain claims of VirnetX 'unpatentable'
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12:17 EDTAAPLApple mulls expansion of key Irish plant, Independent. ie says
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11:37 EDTAAPLApple expanding renewable energy projects in China
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11:24 EDTAAPLUBS says Apple Watch could become 'must-have' device, but not yet
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09:59 EDTPTENOn The Fly: Analyst Downgrade Summary
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09:56 EDTAAPLIDC: Apple leads smartphone vendors in China during Q1
IDCís latest Mobile Phone Tracker shows the China smartphone market contracted by 4% year-on-year with 98.8M units shipped in the first quarter of 2015. This is the first time in six years that the China smartphone market declined YoY as the market continues to mature. On a QoQ basis, the market contracted 8% on the back of a large inventory buildup at the end of last year. The study said Apple (AAPL) was the top smartphone vendor in China in the first quarter, with consumers still having a strong appetite for the larger screens on the iPhone 6 and iPhone 6 Plus. Xiaomi slipped to the second position as it faced strong competition from other vendors in the low to mid-range segment of the market, while Huawei maintained third position as it saw a good uptake in the mid-range segment. Samsung (SSNLF) and Lenovo (LNVGY) both led the market at least once last year, but rankings have since changed quickly, highlighting the volatility of consumers' brand preference in China. Reference Link
09:37 EDTAAPLActive equity options trading on open
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09:16 EDTSYNASynaptics likely won LG and Samsung design wins, says OTR Global
OTR Global said Synaptics likely gained the TDDI chip for the new LG G4, the fingerprint sensor in the Samsung Galaxy Note 5, and a design win for a Lenovo smartphone expected to ship in late Q2.
08:41 EDTAAPLApple Watch may become 'must have' as interface to internet, says UBS
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08:21 EDTPSXMitsubishi UFJ to hold a tour
Energy Tour travels throughout Houston and San Antonio, Texas to meet with various energy companies on May 11.
08:14 EDTBHIMorgan Stanley to hold a conference
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06:44 EDTAAPLFiat Chrysler CEO met with Apple, Tesla CEOs, Reuters says
During a trip to California, Fiat Chrysler (FCAU) CEO Sergio Marchionne met with Apple (AAPL) CEO, Tim Cook, and Tesla (TSLA) CEO Elon Musk, reports Reuters, citing Marchionne. Marchionne also vowed that the company would make a stronger attempt in the luxury SUV market, Reuters adds. Reference Link
06:14 EDTPTENPatterson-UTI downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Patterson-UTI to Neutral citing the recent rally in shares and its belief onshore focused service providers are most at-risk of profit-taking. The firm keeps a $22 price target for the name.
06:04 EDTPSXCalifornia AG announces $11.5M settlement with ConocoPhillips, Phillips 66
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05:05 EDTAAPLApple announces environmental initiatives in China
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May 10, 2015
13:37 EDTPSXPhillips 66 stock could rise 15% to $90 in coming months, Barron's says
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