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Stock Market & Financial Investment News

News Breaks
January 17, 2014
06:00 EDTAAPL, SSNLF, CHLAs Apple's China Mobile launch begins, a subsidy war may follow, Reuters reports
Today is the day Apple (AAPL) launches the sale of its iPhone on China Mobile's (CHL) huge network, giving its China sales a much needed boost, reports Reuters. But other factors are in play, including that some analysts predict a costly subsidy war for China Mobile as competing carriers compete to attract customers.Reference Link
News For AAPL;CHL;SSNLF From The Last 14 Days
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February 20, 2015
06:41 EDTAAPLApple pushing for 2020 production of its electric car, Bloomberg says
Apple (AAPL) is pushing to begin production of its electric vehicle as soon as 2020, reports Bloomberg, citing people with knowledge of the matter. Bloomberg notes that the move could put Apple into direct competition with Tesla (TSLA) and General Motors (GM), both of which are targeting a 2017 release for next-generation electric vehicles. Apple may still cancel the project if it becomes unhappy with progress, the sources said, though its vehicle team is already 200-people strong. Reference Link
06:20 EDTAAPLApple price target raised to $145 on increasingly bullish outlook at Goldman
Goldman raised Buy rated Apple's price target to $145 from $130 based on increased confidence in platform momentum, sustained iPhone growth, and the potential for the Apple Watch. The firm believes risk/reward is more balanced following the recent 20% upside move but sees further upside given the aforementioned factors and the near-term catalysts from the April watch launch, updates on capital allocation, and a likely March quarter beat.
February 19, 2015
16:01 EDTAAPLOptions Update; February 19, 2015
iPath S&P 500 VIX Short-Term Futures down 70c to 30.11. Option volume leaders: AAPL TSLA TWTR AMAT PBR KO FB AXP NFLX according to Track Data.
12:58 EDTAAPLRecent Apple hires have backgrounds in automotive hardware, 9to5Mac says
Many of the automotive experts poached by Apple (AAPL) come from automotive hardware backgrounds, strongly hinting at development beyond automotive software, reports 9to5Mac, citing sources close to the company. The new hires have backgrounds in motor and gearbox design, safety components, transmissions, power trains, drive trains, electric vehicle batteries, hybrid vehicles, interior vehicle components, and other areas. Reference Link
11:51 EDTAAPLCiti, RBC lay out reasons to be bullish on Apple
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09:51 EDTSSNLFSamsung sees LoopPay tech built into smartphone hardware, TechCrunch says
Samsung will work to incorporate its recently-acquired LoopPay mobile payment technology directly into smartphone hardware, reports TechCrunch, citing statements by EVP and head of Samsung Mobile Injong Rhee. Rhee added that LoopPay is "compelling because of its coverage," as its technology allows it to work with roughly 90% of existing card payment terminals in U.S. stores. Samsung Innovation Center EVP David Eun noted the company will release new products incorporating the technology "in the near future" and hinted at the possibility of features like loyalty programs. Reference Link
09:35 EDTAAPLOption volume leaders
Option volume leaders: AAPL TSLA TWTR MCD WMT PBR SPWR WFM GILD FB SCTY according to Track Data.
08:50 EDTAAPLApple could return $150B-$200B to shareholders, says RBC Capital
RBC Capital believes that Apple could return $150B-$200B to its shareholders over the next three years. The firm expects the company to return 100% of its annual free cash flow to shareholders. It raised its price target on the name to $140 from $130 and keeps an Outperform rating on the stock.
08:21 EDTAAPLApple Pay faces resistance from China, MarketWatch says
Apple (AAPL) is attempting to launch Apple Pay in China, but a People's Bank of China official stated the company has not acknowledged regulators and "it's unclear whether the product meets the government’s requirements,” while talks with state-owned card payment operator UnionPay "have stalled" according to sources close to the companies, reports MarketWatch. Alibaba (BABA) currently operates the similar Alipay service and an Alibaba employee stated the two companies "have stayed in contact and are preparing for several projects," but because all payments go through UnionPay, Apple's entry into the market is ultimately controlled by the state-owned firm. The Chinese government has raised numerous concerns regarding Apple Pay, and is demanding the company open a mainland China data center to house customer information. Reference Link
08:15 EDTAAPLWarner Bros. exec says not in talks with Apple on streaming, Re/code reports
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06:39 EDTAAPLA123 Systems sues Apple for poaching employees, WSJ reports
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06:22 EDTAAPLCiti lists five reasons for why Apple shares are going higher
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February 18, 2015
16:00 EDTAAPLOptions Update; February 18, 2015
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15:43 EDTSSNLFSamsung to acquire digitial wallet start-up LoopPay
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09:37 EDTAAPLOption volume leaders on open
Option volume leaders: AAPL TSLA TWTR CELG APO NFLX AXP APA LNKD C GILD according to Track Data.
09:09 EDTSSNLFLionsgate and Samsung launch exclusive virtual reality experience
Lionsgate (LGF) and Samsung (SSNLF) have teamed up to create the exclusive virtual reality experience "Insurgent- Shatter Reality". The four-minute visual work of art is a fully-immersive, 360-degree narrative experience set in the world of the upcoming feature film The Divergent Series: Insurgent.
07:59 EDTAAPLBlackBerry files copyright lawsuit against Typo Products, AP says
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06:52 EDTAAPLApple could bringing Touch ID to Mac, 9to5Mac says
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06:45 EDTAAPLApple Watch launching without health monitoring functions, WSJ says
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06:20 EDTAAPL, SSNLFApple awarded patent for wireless head-mounted display, Financial Times reports
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