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Stock Market & Financial Investment News

News Breaks
February 7, 2013
16:42 EDTM, CZR, GMCR, TRLG, AAPL, AKAM, VSATOn 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
Check below for free stories on AAPL;CZR;VSAT;TRLG;M;AKAM;GMCR the last two weeks.
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April 10, 2014
07:24 EDTAAPLApple may release 12" Retina MacBook Air, low price iMac in 2014, MacRumors says
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07:19 EDTAKAMAkamai upgraded to Buy from Neutral at B. Riley
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06:48 EDTAAPLApple initiated with a Buy at Deutsche Bank
Deutsche Bank believes the iPhone and iPad offer good growth for Apple with upside coming from the potential for a larger screen sized phone. The firm initiated the stock with a Buy rating and $650 price target.
06:41 EDTAAPLApple confirms Christie departure, FT reports
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06:00 EDTAKAMAkamai upgraded to Buy from Neutral at B. Riley
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April 9, 2014
17:26 EDTAAPLGartner says worldwide PC shipments in Q1 fell 1.7%
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16:00 EDTAAPLOptions Update; April 9, 2014
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15:56 EDTAAPLApple interface head rumored to be exiting, AppleInsider says
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15:21 EDTAAPLApple weighing 'dramatic' overhaul of iTunes store, Billboard says
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10:39 EDTAAPLJudge says certain WiLAN patent claims are valid in litigation vs. Apple
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10:39 EDTAAPLLogitech has risk of increasing competition from Apple, says UBS
UBS notes that Apple (AAPL) filed a patent with the USPTO for an electronic device/tablet cover that seems to include a keyboard. UBS believes Apple could introduce its own branded keyboard cover, and other branded peripherals, in order to grab market share from its highly loyal consumer base. The analyst believes competition for Neutral rated Logitech (LOGI) will accelerate, significantly impacting growth prospects.
10:33 EDTCZRBofA/Merrill's gaming analysts hold an analyst/industry conference call
Gaming Analysts provide an industry update and outlook on an Analyst/Industry conference call. Relevant covered companies LVS, WYNN, MGM, PENN, PNK, CZR, BYD and IGT may be discussed on the Analyst/Industry conference call to be held on April 15 at 10:30 am.
10:20 EDTCZRHigh option volume stocks: CZR STZ TCK GIMO NCR
09:36 EDTAAPLActive equity options trading on open
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09:20 EDTMBofA/Merrill's retail analysts hold an analyst/industry conference call
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08:24 EDTAAPLGoogle, Apple have considered acquiring Square, Re/code reports
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07:54 EDTAAPLSamsung, Apple pushed to make high-end phones less costly, Reuters says
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07:28 EDTAAPLAmazon looking to court game developers for Fire TV, NY Post reports
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06:18 EDTAAPLApple seeks $2.2B in damages from Samsung in patent infringement, WSJ says
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06:15 EDTAAPLFlexible PCB samples delivered for Apple iWatch validation, DigiTimes says
Flexible PCB suppliers have reportedly delivered FPCB samples for use in Apple's iWatch devices for validation, reports DigiTimes. According to industry sources, Apple is expected to unveil the iWatch wearable devices in September. Reference Link
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