New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 12, 2012
21:36 EDTYELP, CMG, RIG, MSFT, SAP, CLH, GRPN, AAPL, S, SE, ABT, HPQ, DWRE, UA, KMP, ETP, KLAC, AECJim Cramer's "Mad Money"
Many bears complain that the markets have risen too far, too fast. However, Jim Cramer reminded viewers that stocks are still cheap when compared to various other points in history. Cramer put Apple's (AAPL) parabolic rise into context. He divided its share price by ten. Using that arithmetic, Apple was a $40 stock that's risen to $55. "That's not a big move," declared Cramer. Apple still has a P/E ratio of just 13x, while the average stock in the S&P 500 is trading at 14x. He also compared Apple to similar high-growth names, like Chipotle Mexican Grill (CMG) and Under Armour (UA). Both of these stocks have price earnings multiples of 40x. Cramer also discounted fears about the retail sector, noting that job growth trumps any rise in gasoline prices and will keep this sector humming along. His only true worry are the transports. But even here, a case can be made that weak coal demand is hurting the rails while higher fuel prices is crimping the airlines. Cramer said that stocks will slip and slide from time to time, but added that if investors get too negative, they will miss brilliant moves by Apple and others. KNOW YOUR IPO: Cramer said unlike Groupon (GRPN) and Yelp (YELP), average investors can actually get shares of the Demandware (DWRE) IPO, and the company actually has a good subscription based business model to boot. Demandware expects to come public trading around 5.5x its sales, but Cramer said the company deserves a premium multiple around 7x sales given its potential for growth. That would make Demandware IPO shares a steal up to $16 a share. EXECUTIVE DECISION: Cramer once again welcomed Alan McKim, president and CEO of Clean Harbors (CLH), which is in the business of making dirty industries cleaner. The company on Feb. 22 beat earnings by 24c on higher revenue and raised full-year guidance. McKim was bullish on Clean Harbors' outlook on the manufacturing sector. Cramer continued his recommendation. Cramer also spoke with Jeffrey Friedman, chairman, president and CEO of Associated Estates Realty (AEC), an apartment real estate REIT that operates 52 apartment properties in 8 states and has a 4% dividend yield. Friedman was all to eager to offer a different perspective to Cramer's recent pan of the entire apartment REIT sector. Cramer said he was wrong to put the entire sector into the same boat. He said that Associated Estates has a good yield and good growth, and the apartment REITs should be considered on a company by company basis. NO HUDDLE OFFENSE: Cramer said he sees no area where Hewlett-Packard (HPQ) has a dominant position, except maybe in printers. But even there, customers would love to be freed from confusing, over-priced ink cartridge refills. Cramer said he seeing rivals like SAP (SAP) cherry-picking HP's consulting business, while Apple continues to dominate in phones, tablets, notebooks and desktops. LIGHTNING ROUND: (Bullish) KLAC; ABT; MSFT; ETP; SE. (Bearish) RIG; KMP; S. Reference Link
News For AAPL;CMG;UA;GRPN;YELP;DWRE;CLH;AEC;HPQ;SAP;KLAC;ABT;MSFT;ETP;SE;RIG;KMP;S From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | all recent news | >>
May 14, 2015
06:29 EDTAAPLApple Music to have deep social integration for artists, 9to5Mac reports
Subscribe for More Information
06:17 EDTAAPLApple plans expansion of key Irish plant, Irish Independent reports
Subscribe for More Information
06:16 EDTAAPLApple and A123 prepare to settle employee-poaching lawsuit, WSJ reports
Subscribe for More Information
06:15 EDTHPQHP Q2 sales weakness largely expected, says Citigroup
Citigroup believes HP's Q2 revenue on May 21 could miss the consensus expectation of $25.8B due to PC weakness and currency pressure. Citi thinks sales weakness is largely expected, however. The firm says HP shares "will start to work again" as management will likely address and quantify the additional costs of operating as two separate companies. Uncertainty around the size of the dis-synergy costs has been a key factor behind the stock's recent underperformance, Citi believes. It keeps a Buy rating on HP with a $41 price target.
06:06 EDTSDISH plans to enter wireless business, Yahoo reports
DISH (DISH) plans to enter the wireless business in an attempt to become the only provider to offer wireless voice, video and data services, Adam Samson of Yahoo Finance reports, citing an internal document. The document, marked confidential, obtained by Yahoo indicates Dish is looking to hire a chief marketing officer to help guide its move into the wireless space, Samson adds. The move comes after DISH acquired nearly half of the spectrum licenses offered in a U.S. government auction. The top U.S. wireless providers are Verizon (VZ), AT&T (T), T-Mobile (TMUS) and Sprint (S). Reference Link
May 13, 2015
16:06 EDTAAPLOptions Update; May 13, 2015
iPath S&P 500 VIX Short-Term Futures down 38c to 20.67. Option volume leaders: AAPL CSCO NTI FB CSX BABA EIX BAC DD WMB TSLA JCP QCOM DAL
16:01 EDTMSFTMicrosoft blog post refrains from using 'Windows Phone' branding
Subscribe for More Information
15:27 EDTSStandard General acquires rights to RadioShack brand, data, WSJ says
Subscribe for More Information
15:04 EDTMSFTEarnings Watch: Cowen says Cisco better positioned than most believe
Cisco Systems (CSCO) is scheduled to report results of its third fiscal quarter after the market close on Wednesday, May 13, with a conference call scheduled for 4:30 pm ET. Cisco, a member of the Dow Jones Industrial Average, sells Internet protocol-based networking and other products related to the communications and IT industry and provides related services. EXPECTATIONS: Analysts are looking for earnings per share of 53c on revenue of $12.07B, according to First Call. The consensus range for EPS is 52c-54c on revenue of $11.99B-$12.46B. Along with its last quarterly report, Cisco guided for Q3 EPS of 51c-53c and said it expects its revenue to be up 3%-5% in the quarter compared to the prior year. LAST QUARTER: On February 1, Cisco reported second quarter EPS of 53c, beating the consensus analyst forecast of 51c. Revenue came in at $11.94B, topping the $11.8B consensus forecast. At that time Cisco also raised its quarterly dividend to 21c from 19c. NEWS: On March 11, Cisco announced an extension of its cloud and data center relationship with Microsoft (MSFT) to include a new technology platform designed to accelerate service delivery and streamline the journey to the Intercloud for cloud providers. The new integrated solution combines Windows Azure Pack and Cisco Application Centric Infrastructure to help cloud providers "rapidly deliver hybrid cloud services while drastically simplifying operations and reducing costs," the company said. On May 4, Cisco announced that its board has appointed Chuck Robbins, who most recently served as Cisco's senior vice president of worldwide operations, as CEO, effective July 26. Current CEO John Chambers will assume the role of executive chairman and will continue to serve as the chairman of Cisco's board. STREET RESEARCH: On the day after the company's last report, research firm Piper Jaffray said it saw little downside risk in Cisco shares and believes Cisco is benefiting from a switching upgrade cycle that should sustain throughout 2015. The firm kept an Overweight rating on the stock with a $33 price target. Conversely, Citigroup said that despite the improving demand seen in Q2, Cisco shares remained fully priced at its levels at that time. Citi raised its price target for shares to $25 from $22, but kept a Sell rating on the name. The day after Cisco announced its CEO transition plan, Cowen said it thinks the company is better positioned and business is trending better than most investors believe, as evidenced by the timing of its CEO change. The firm, which believes Robbins is an excellent choice to replace Chambers, reiterated its Outperform rating and $35 price target on Cisco shares. Earlier this week, Pacific Crest upgraded Cisco to Outperform from Sector Perform, as the firm believes the April quarter results could signify the start of a multi-quarter recovery driven by new product cycles across switching, routing, wireless and servers. Pacific Crest, which thinks improving fundamentals and cloud momentum can drive multiple expansion in the second half of 2015 and into 2016, set a $36 price target for Cisco shares. PRICE ACTION: In afternoon trading ahead of Wednesday's report, Cisco shares are up fractionally to $29.30. In the last three months, Cisco shares have declined about 0.5%.
13:15 EDTAAPLInquirer discusses recent Apple for BlackBerry takeover rumors
Subscribe for More Information
12:43 EDTHPQHewlett-Packard volatility elevated into Q2 and outlook
Subscribe for More Information
12:01 EDTRIGStocks with call strike movement; TWTR RIG
Subscribe for More Information
11:22 EDTYELPOptions with increasing implied volatility
Subscribe for More Information
10:01 EDTMSFTOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:39 EDTAAPLActive equity options trading on open
Subscribe for More Information
07:52 EDTAAPLApple Watch margins will grow to over 50%, says UBS
Subscribe for More Information
07:03 EDTAAPLNext iPhone to feature 12 MP camera, be offered in rose gold, AppleInsider says
For its next iPhone 6 model, Apple will offer a new rose gold option, according to KGI Securities analyst Ming-Chi Kuo, who did not make clear whether the luxury model would be made of actual gold or if it will simply resemble the color of the high-end Apple Watch Edition, reported AppleInsider. Kuo also said Apple will upgrade the camera to 12 megapixels and suggested that some "Plus" models may use scratch-resistant sapphire covers, though that is dependent on success in testing, the report added. Reference Link
06:55 EDTAAPLInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
06:07 EDTMSFTMicrosoft upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Karl Keirstead upgraded Microsoft to Buy saying weak PC market sentiment is priced into the stock at current levels while Azure and Office 365 optimism is "just starting" to take hold. The analyst sees more positive than negative catalysts and raised his price target for Microsoft shares to $55 from $44. Shares of the computing giant closed yesterday down 2c to $47.35.
05:55 EDTAAPLTSMC awarded orders for SSD controller chips for Apple, DigiTimes reports
TSMC (TSM) has landed SSD controller chip orders from Apple, reports DigiTimes. According to industry sources, TSMC will utilize a 28nm process to fabricate controller cihps for Apple. Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use