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Stock Market & Financial Investment News

News Breaks
March 21, 2014
09:59 EDTDCIN, CLGX, DOV, KING, HSH, NVDA, FELE, VOLC, SPNC, PRMW, NYMT, KERX, PODD, EAC, DXCM, CSII, AAPLOn The Fly: Analyst Initiation Summary
Apple (AAPL) initiated with an Outperform at Macquarie... Cardiovascular Systems (CSII) initiated with a Strong Buy at Needham... DexCom (DXCM) initiated with a Neutral at Sterne Agee... Erickson Air-Crane (EAC) initiated with a Hold at Canaccord... Insulet (PODD) initiated with a Buy at Sterne Agee... Keryx (KERX) initiated with a Buy at Mizuho... New York Mortgage (NYMT) initiated with a Buy at UBS... Primo Water (PRMW) initiated with a Buy at B. Riley... Spectranetics (SPNC) initiated with a Buy at Needham... Tandem Diabetes (TNDM) initiated with a Neutral at Sterne Agee... Volcano (VOLC) initiated with a Hold at Needham... Franklin Electric (FELE) initiated with a Hold at Gabelli... NVIDIA (NVDA) initiated with an Underperform at CLSA... Hillshire Brands (HSH) initiated with an Equal Weight at Stephens... King Digital (KING) coverage initiated at Sterne Agee... Dover (DOV) initiated with a Neutral at Goldman... CoreLogic (CLGX) initiated with an Outperform at Oppenheimer... Digital Cinema (DCIN) initiated with a Speculative Buy at Benchmark Co.
News For AAPL;CSII;DXCM;EAC;PODD;KERX;NYMT;PRMW;SPNC;VOLC;FELE;NVDA;HSH;KING;DOV;CLGX;DCIN From The Last 14 Days
Check below for free stories on AAPL;CSII;DXCM;EAC;PODD;KERX;NYMT;PRMW;SPNC;VOLC;FELE;NVDA;HSH;KING;DOV;CLGX;DCIN the last two weeks.
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July 10, 2014
07:57 EDTNVDANVIDIA management to meet with UBS
Meetings to be held in Delaware/Berwyn/Baltimore on July 10 hosted by UBS.
07:54 EDTAAPLTSMC begins shipping microprocessors to Apple, WSJ reports
TSMC (TSM) has begun shipping microprocessors to Apple (AAPL) for use in smartphones and tablets, reports the Wall Street Journal. According to people familiar with the matter, TSMC began shipping the microprocessors in Q2 and agreed to work together on more advanced chips next year. Reference Link
07:32 EDTSPNCSpectranetics resumed with an Overweight at JPMorgan
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06:26 EDTAAPLTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:18 EDTAAPLIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
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05:57 EDTAAPLApple wins EU trademark for store layouts, AP reports
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July 9, 2014
18:17 EDTAAPLHP, Lenovo shares up fractionally following PC shipment data
Shares of HP (HPQ) and Lenovo (LNVGY) are up fractionally after second quarter PC shipment data was released by Gartner and IDC. WHAT'S NEW: After eight quarters of declining shipments, worldwide PC shipments experienced flat growth in the second quarter of 2014, according to preliminary results by Gartner (IT). Worldwide PC shipments totaled 75.8M units in the second quarter, a 0.1% increase from the second quarter of 2013. According to the International Data Corporation, or IDC, Worldwide Quarterly PC Tracker, Worldwide PC shipments totaled 74.4M units in the second quarter of, a year-on-year decline of -1.7%. The results reflect the smallest decline in global PC shipments since the second quarter of 2012 when declining shipments of mini notebooks combined with a surge in tablet sales to disrupt the PC market. WHAT'S NOTABLE: According to IDC, the U.S. market showed strong 6.9% year-on-year growth in the second quarter. Continuing upgrades of Windows XP systems boosted shipments in commercial portables and desktops, helping the commercial segment. At the same time, retail acceptance of emerging product categories such as Chromebooks and ultraslims helped the consumer segment to stabilize. HP continued to hold the lead and gained 2% market share while four of the top 5 vendors experienced double-digit growth for the quarter. Lenovo and Toshiba (TOSBF) took advantage of some consumer interest in Windows 8 and a push to build up their presence in large enterprises. According to Gartner, Lenovo extended its lead as the leader in worldwide PC shipments, as its worldwide market share increased to 19.2%. Lenovo’s PC shipments grew by double-digits in all regions except Asia/Pacific. Lenovo’s shipment growth in Asia/Pacific was still faster than the regional average. OTHERS TO WATCH: Apple (AAPL), down marginally.
16:01 EDTAAPLOptions Update; July 9, 2014
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12:54 EDTAAPLGarmin tumbles after analyst sees risk from GoPro, Apple products
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10:20 EDTAAPLReport says Intel delaying Broadwell chip shipment, MacRumors says
Intel (INTC) has decided to further postpone the shipping of its line of 14-nanometer Broadwell chips, which are anticipated to be included in future versions of the Apple's (AAPL) MacBook Air, Retina MacBook Pro, and iMac, according to MacRumors, citing a report on Chinese site VR Zone. Reference Link
09:35 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AA FB AMZN TSLA TWTR MU NFLX GG CELG
07:45 EDTAAPLCostco selling Apple products again, says Jefferies
Jefferies says that starting in late June, Costco (COST) began selling Apple (AAPL) products in stores and online again, after not carrying the brand since 2010. The firm thinks the move will help Costco's weaker performing Consumer Electronics category. Jefferies expects Costco to report a June comp store sales increase of 5%-6% and keeps a Hold rating on the stock.
07:22 EDTNVDANVIDIA management to meet with UBS
Meeting to be held in Boston on July 9 hosted by UBS.
07:10 EDTAAPLApple price target raised to $105 from $90 at Mizuho
Mizuho expects Apple to report an inline Q3 but sees upside to Q4 and expects revenue guidance to be $1B-$2B above consensus and EPS upside of 5c-10c. The firm expects 2H 2014 stock gains to be driven by the strong product cycle. Shares are Buy rated with a $105 price target, up from $90.
07:10 EDTAAPLDisney ceases on-demand movie sales in Japan via iTunes, Reuters says
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06:58 EDTAAPLApple hires two Nike FuelBand engineers, Apple Insider erports
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06:46 EDTAAPLApple loses patent suit in China, Reuters says
Apple (AAPL) had taken Shanghai-based Zhizhen Internet Technology and China's State Intellectual Property Office to court in hopes that the court would rule that Zhizhen's patent rights to a speech recognition technology were invalid, but the Beijing First Intermediate Court decided in favor of Zhizhen, according to Reuters, citing a report from the People's Daily state newspaper in China. After the ruling, the report noted that Apple is aiming to take the case to the Beijing Higher People's Court. Reference Link
06:34 EDTAAPLFake document hits federal court in hiring case against tech giants, WSJ says
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06:31 EDTAAPLFTC may probe Google over child app purchases, Politico says
After the Federal Trade Commission cracked down on apps previously available on Apple (AAPL) devices that let children spend money without their parents' permission, Apple told the FTC that similar apps are available on Google's (GOOG) app store, according to Politico. As a result, the FTC may investigate Google over this issue, Politico stated. Reference Link
05:54 EDTAAPLGarmin downgraded to Underperform from Sector Perform at Pacific Crest
Pacific Crest downgraded its rating on Garmin (GRMN) to Underperform saying any action camera optimism is likely to end in disappoint while Apple's (AAPL) potential watch announcement could create "substantial" headline and competitive risk. Pacific Crest believes Garmin shares may be overvalued and sees fair value for the stock in the mid-$40 range. The stock closed yesterday at $60.63.
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