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Stock Market & Financial Investment News

News Breaks
January 25, 2013
10:04 EDTAAPL, CRUSCirrus Logic bounces back after sharp decline, levels to watch
The stock is up over 7% at time of writing, bouncing back from lows yesterday when its customer, Apple (AAPL) plunged in price. The correlation on a weekly basis between these stocks is currently above 0.93. Cirrus Logic (CRUS) announced strong results after the close yesterday, beating earnings and revenue estimates by a wide margin. Resistance is at the 10-day moving average, last at $28.86. Above that, next resistance would be at $29.66. Support is at $28.03.
News For AAPL;CRUS From The Last 14 Days
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May 23, 2013
19:50 EDTAAPLApple faces potential setback in e-books case, WSJ reports
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16:23 EDTCRUSOn The Fly: Closing Wrap
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16:00 EDTAAPLOptions Update; May 23, 2013
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12:38 EDTCRUSOn The Fly: Midday Wrap
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12:01 EDTCRUSCirrus Logic downgraded to Hold from Buy at Stifel
11:31 EDTCRUSCirrus Logic tumbles after reducing long-term margin outlook
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10:50 EDTCRUSCirrus Logic drops 14% after discussing pricing, margin pressures
10:46 EDTCRUSCirrus Logic sees margins in mid-40's due to pricing pressures
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10:44 EDTCRUSCirrus Logic volatility low after sharp two-day sell off
Cirrus Logic June call option implied volatility is at 51, July is at 50, August and September is at 54; compared to its 26-week average of 56 according to Track Data, suggesting decreasing price movement.
10:43 EDTCRUSCirrus Logic reaffirms Q2 revenue outlook $150M-$170M
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09:59 EDTAAPLAnalyst: Apple won't launch computerized watch until late 2014, BGR says
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09:37 EDTAAPLActive 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.
07:11 EDTAAPLEU's Barnier wants big companies to disclose national tax bills, Reuters reports
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06:08 EDTAAPLOn the Fly: Periodicals Wrap-Up
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06:04 EDTAAPLApple hoping to launch music service at June conference, NY Post reports
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05:45 EDTAAPLBig companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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May 22, 2013
12:07 EDTAAPLConsumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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09:42 EDTAAPLApple rises in early trading, levels to watch
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09:39 EDTAAPLActive equity option families trading
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