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Stock Market & Financial Investment News

News Breaks
February 7, 2013
16:42 EDTGMCR, TRLG, AAPL, AKAM, VSAT, M, CZROn The Fly: Closing Wrap
Stocks on Wall Street were lower though the averages recovered to finish well off the lows reached near midday... ECONOMIC EVENTS: In the U.S., jobless claims fell 5K from the prior week to 366K, versus expectations for 360K claims. Nonfarm productivity fell 2.0% in Q4, versus an expected decrease of 1.4%. In Europe, the European Central Bank and the Bank of England both left their benchmark interest rates unchanged... COMPANY NEWS: Activist investor David Einhorn and his fund, Greenlight Capital, said a legal action has been initiated against Apple (AAPL) over the company's refusal to unbundle three distinct corporate governance proposals, alleging that the bundling breaks SEC rules. Einhorn also said Apple rejected his idea for the creation of a "perpetual preferred stock," which he contends could unlock value for holders of the common shares. Late in the session, Apple issued a statement in response to Einhorn's comments, saying that the company's board has been in active discussion about returning additional capital to shareholders. Following the company's statement Apple shares spiked higher, settling up $13.55, or 2.98%, to $468.25... Caesar's Entertainment (CZR) was among the casino names trading higher following news that New Jersey governor Chris Christie will conditionally allow the state of legalize Internet gambling. Caesar's rose $1.58, or 18.61%, to $10.07... MAJOR MOVERS: Among the notable gainers after earnings reports that spurred analyst upgrades were ViaSat (VSAT), up $9.55, or 24.03%, to $49.29, and True Religion (TRLG), up $5.25, or 22.11%, to $29.00. Also higher were shares of Macy's (M), up 79c, or 2%, to $40.27 after the company reported January same-store sales rose 11.7% and raised its Q4 EPS view. Among noteworthy losers was Akamai (AKAM), down $6.32, or 15.2%, to $35.26 after the company's Q1 revenue view came in below Street estimates and shares were downgraded at Jefferies and Janney Capital. Also lower after its earnings report was Green Mountain (GMCR), down $2.62, or 5.35%, to $46.32 in spite of beating Q1 earnings expectations and raising its FY13 EPS view... INDICES: The Dow was down 42.47, or 0.30%, to 13,944.05; the Nasdaq was down 3.35, or 0.11%, to 3,165.13; and the S&P 500 was down 2.73, or 0.18%, to 1,509.39.
News For AAPL;CZR;VSAT;TRLG;M;AKAM;GMCR From The Last 14 Days
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June 18, 2013
16:00 EDTAAPLOptions Update; June 18, 2013
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12:30 EDTGMCRStarbucks CFO indicates new food products have been successful
A Starbucks (SBUX) executive indicated at a conference earlier today that its new food products have been successful. Starbucks has greater confidence that its food sales will continue to trend upward after launching new food products in two markets, Starbucks CFO Troy Alstead stated at the Jefferies Global Consumer Conference. Starbucks has launched food made by La Boluange, a restaurant chain that it acquired last year, at Starbucks stores in Northern California and the Seattle area. New beverages and an increased number of Starbucks drive-through stores can also improve the company's performance going forward, Alstead said. The Teavana brand that Starbucks acquired leaves the company poised to capitalize on "tremendous opportunities around the world for a contemporary teahouse concept," the CFO added. Meanwhile, Alstead reiterated that Starbucks does not plan to compete with Green Mountain (GMCR) by focusing on selling coffee machines. "We recognize that Starbucks is not an equipment company. We don't have aspirations to become a deep equipment company," said the CFO, who also praised Green Mountain. In early afternoon trading, Starbucks rose 95c, or 1.4%, to $67, while Green Mountain fell 1% to $78.70.
10:41 EDTAAPLLeak points to mass production of iPhone 5S display, BGR says
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09:38 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG PFE TSLA MGM
07:42 EDTAKAMO'Reilly Media to hold a conference
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06:17 EDTAAPLTaiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link
06:01 EDTGMCRStocks with implied volatility below IV index mean; GMCR GCI
Stocks with implied volatility below IV index mean; Green Mountain (GMCR), Gannett (GCI) according to IVolatility.
June 17, 2013
16:00 EDTAAPLOptions Update; June 17, 2013
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11:31 EDTAAPLHuawei to unveil new phone to compete with Galaxy, iPhone, WSJ says
Huawei Technologies will launch it's flagship smartphone, the Ascent P6, in the company's first stand-alone global product launch, creating even more competition in the crowded premium smartphone space dominated by Samsung (SSNLF) and Apple (AAPL), reported The Wall Street Journal. Reference Link
11:18 EDTAAPLSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
11:15 EDTAAPLSamsung Jay-Z give-away could help in fight with Apple, WSJ says
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09:40 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG CLF TSLA CRM.
07:11 EDTAAPLApple received nearly 5,000 data requests in six months, Reuters reports
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06:14 EDTAAPLOn the Fly: Periodicals Wrap-Up
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05:53 EDTGMCRStocks with implied volatility below IV index mean; GMCR GCI
Stocks with implied volatility below IV index mean; Green Mountain (GMCR), Gannett (GCI) according to IVolatility.
June 14, 2013
18:05 EDTAAPLApple rubber banding patent ruled valid, AllThingsD says
Apple's rubber banding patent has been ruled valid as the U.S. PTO overturned an April ruling that invalidated some claims of the company's patent, reports AllThingsD. Reference Link
16:00 EDTAAPLOptions Update; June 14, 2013
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13:07 EDTAAPLApple hits session lows, levels to watch
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10:21 EDTAAPLCheaper iPhone, next generation iPad to ship in August, DigiTimes says
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09:36 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL ELN GOOG TSLA CLF NFLX
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