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Stock Market & Financial Investment News

News For AAPL;FB;GOOG;ROST From The Last 14 Days
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December 22, 2014
09:38 EDTAAPL, FBActive equity options trading
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08:04 EDTAAPLRF Micro Devices,TriQuint price targets raised at Brean Capital
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07:29 EDTAAPLFitness band maker Fitbit plans IPO for next year, Bloomberg reports
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06:43 EDTGOOGGoogle files lawsuit against Mississippi, WSJ says
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06:24 EDTGOOGGoogle seeking partners for autonomous-vehicle project, WSJ reports
Chris Urmson, the head of Google’s autonomous-vehicle project, told The Wall Street Journal that the company is looking for auto industry partners to bring its vision of a self-driving car to market within five years. In the meantime, Urmson said his team is working with automotive suppliers to build "beta one" prototype Google cars, which will begin on-road testing in 2015. Reference Link
06:22 EDTAAPLApple prepares for MacBook Air, Watch production, DigiTimes reports
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06:21 EDTAAPLBBC documentary accuses Apple of violating labor laws, WSJ reports
A BBC documentary has accused Apple suppliers of violating labor laws, reports the Wall Street Journal. In a documentary that aired this week, the BBC said undercover reporters found that Taiwan’s Pegatron, which makes some iPhones, was violating Apple’s guidelines by mandating overtime for workers, requiring workers to attend meetings without pay and forcing workers to live in overcrowded dormitories. The documentary also provided evidence that tin from illegal mines in Indonesia could be making its way into Apple’s supply chain. Reference Link
06:05 EDTAAPL7% of iPhone users intend to buy Apple Watch, says Piper Jaffray
Piper Jaffray says its most recent consumer survey indicates that 7% of iPhone users currently intend to purchase an Apple Watch, down from 8% in September. Piper believes consumers are taking a "wait-and-see" approach on the product. It expects Apple to highlight more functionality of the watch into the June quarter launch, which it believes could accelerate adoption. Piper reiterates an Overweight rating on Apple shares with a $135 price target. The tech giant closed Friday down 87c to $111.78.
December 21, 2014
18:57 EDTGOOG, AAPLChina's Xiaomi raises over $1B in latest funding round, WSJ says
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December 19, 2014
16:01 EDTFB, AAPLOptions Update; December 19, 2014
iPath S&P 500 VIX Short-Term Futures down 27c to 29.90. Option volume leaders: AAPL TSLA TWTR AMZN FB C GILD BAC NFLX according to Track Data.
14:34 EDTAAPLApple February volatility increases to 29
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12:04 EDTFBFacebook rises after Citi nearly doubles Instagram value estimate
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10:29 EDTGOOGHarman's threat from Google more than just smartphones, says Morgan Stanley
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09:37 EDTFB, AAPLActive equity options trading
Active equity options trading according to Track Data: AAPL TSLA BBRY AMZN CELG GILD JCP AMAT FB
09:28 EDTGOOGVringo updates on litigation with ZTE, Google
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08:03 EDTAAPLApple iPhone demand tracking ahead of estimates, says Morgan Stanley
Morgan Stanley's checks indicate Apple iPhone demand is 67M units for the December quarter, above its estimates of 62M units and consensus of 63M. The firm said demand is tracking in-line with supply chain build of 65-70M and expects a channel inventory fill to occur in the March quarter or beyond. Shares are Overweight rated with a $126 price target.
07:42 EDTGOOGEPAM, WisdomTree added to Franchise Pick list at Jefferies
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07:09 EDTAAPLBlackBerry announces Ocean Capital Investments migrates to BES12
BlackBerry (BBRY) announced that Ocean Capital Investments, and its subsidiaries, members of the Irving family of companies, are migrating to BES12: a cross-platform EMM solution by BlackBerry. Ocean Capital Investments will be deploying BES12 as a BlackBerry hosted cloud solution to manage BlackBerry and iOS devices, displacing their former mobile device management provider, MobileIron (MOBL). Ocean Capital Investments will replace the majority of their Apple (AAPL) iOS devices with BlackBerry's best-in-class QWERTY keyboard smartphones, BlackBerry Passport and the newly launched BlackBerry Classic.
07:06 EDTGOOGBlackBerry expands support for cross-platform EMM solution for Android Lollipop
BlackBerry announced that BES12: a cross-platform EMM solution includes support for Android 5.0 Lollipop. BES12 support for Android Lollipop was made available to customers in early November. The capability underscores BlackBerry's commitment to unparalleled security in managing devices from multiple platforms in the enterprise, and further demonstrates the breadth of BES12 functionality.
06:23 EDTFBCiti raises valuation of Facebook's Instagram to $35B from $19B
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December 18, 2014
18:14 EDTGOOGGoogle's next version of Android to be built directly into cars, Reuters says
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16:01 EDTAAPLOptions Update; December 18, 2014
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14:19 EDTAAPLMacmillan CEO says new deal struck with Amazon
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14:00 EDTGOOGEarnings Preview: BlackBerry upped at BGC, Goldman says short squeeze possible
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09:35 EDTAAPL, FBActive equity options trading
Active equity options trading according to Track Data: AAPL FB TSLA PBR RAD AMAT NFLX GILD KMI TWTR
08:31 EDTAAPLSkyworks price target raised to $90 from $75 at Pacific Crest
Pacific Crest increased its price target on Skyworks (SWKS), citing better than expected handset demand at Apple (AAPL) and Samsung. The firm expects Skyworks' revenue and gross margins to continue rising significantly into 2015. Pacific Crest recommends buying Skyworks.
06:50 EDTGOOGGoogle to seek dismissal of Android antitrust lawsuit, Reuters reports
Google (GOOG) will try to convince a federal judge today to dismiss a lawsuit alleging that its practices related to its Android operating system violate antitrust laws, according to Reuters. The plaintiffs allege that Google forces handset makers to restrict competing apps such as Microsoft's (MSFT) search engine, Bing, the news service stated. Reference Link
06:38 EDTGOOGGoogle signs Karbonn to Android One project, 9to5Google reports
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06:13 EDTFBKey PayPal executive leaves for Facebook, WSJ reports
PayPal’s VP of growth and global strategy, Stan Chudnovsky, is leaving the company ahead of its planned spinoff from eBay (EBAY), The Wall Street Journal reports. Chudnovsky is set to join Facebook (FB) as its head of product management for messaging products. Reference Link
December 17, 2014
16:36 EDTAAPLGT Advanced issues response to Apple's statement
GT Advanced (GTATQ) issued the following statement: Tom Gutierrez, president and CEO, stated, "The position that Apple (AAPL) has taken in response to the release of our October 8th declaration is in line with our expectations, as reflected in paragraph 52 of Dan Squiller's October 28 declaration in support of the Apple Settlement. Although we have different views on the matter, we believe we have settled our disputes with Apple and see no point in further addressing the circumstances that led to our Chapter 11 filing or our relationship with Apple. Our focus now is on moving the company forward through the bankruptcy process. We remain optimistic that the Bankruptcy Court will approve the Apple Settlement Agreement on November 25th because it is in the best interest of all parties."
16:00 EDTAAPL, FBOptions Update; December 17, 2014
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11:09 EDTGOOGFormer Hulu CEO gears up to launch Vessel, Re/code reports
Former Hulu CEO Jason Kilar is getting ready to launch a web video service called Vessel, which utilizes YouTube stars, Re/code reports. Reference Link
10:02 EDTGOOGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Google (GOOG) upgraded to Buy from Hold at Pivotal Research... Twitter (TWTR) upgraded to Buy from Hold at Pivotal Research... Aaron's (AAN) upgraded to Buy from Hold at KeyBanc... Calpine (CPN) upgraded to Buy from Hold at Deutsche Bank... Check Point (CHKP) upgraded to Buy from Hold at Deutsche Bank... Columbia Sportswear (COLM) upgraded to Buy from Neutral at Goldman... Dakota Plains Holdings (DAKP) upgraded to Buy from Hold at Canaccord... SunCoke Energy (SXC) upgraded to Outperform from Neutral at Credit Suisse... Taylor Morrison (TMHC) upgraded to Buy from Hold at Evercore ISI... Teck Resources (TCK) upgraded to Buy from Neutral at UBS... VeriFone (PAY) upgraded to Overweight from Equal Weight at Barclays... Motorola Solutions (MSI) upgraded to Buy from Hold at Argus... Approach Resources (AREX) upgraded to Neutral from Reduce at Global Hunter... HealthSouth (HLS) upgraded to Outperform from Market Perform at Raymond James... QLogic (QLGC) upgraded to Overweight from Equal Weight at Morgan Stanley... Baker Hughes (BHI) upgraded to Focus List from Outperform at Howard Weil... Kansas City Southern (KSU) upgraded to Overweight from Equal Weight at Stephens... BlackBerry (BBRY) upgraded to Buy from Hold at BGC Financial.
09:41 EDTGOOG, AAPLActive equity options trading
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09:00 EDTAAPLEU expanding 'sweetheart' tax probe, WSJ reports
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08:54 EDTFBMGT Capital launches fantasy sports platform on Facebook
MGT Capital (MGT ) launched Daily Fantasy Legend, a fantasy sports game based in Facebook (FB) where players create teams of athletes from the rosters of major professional sports, and then compete in tournaments on a daily basis.
08:47 EDTGOOGGoogle upgraded to Buy from Hold at Pivotal Research
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06:44 EDTGOOGGoogle opponents lobbying state attorneys general, NY Times says
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06:12 EDTGOOGBaidu to take stake in Uber, Reuters reports
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December 16, 2014
16:00 EDTFB, AAPLOptions Update; December 16, 2014
iPath S&P 500 VIX Short-Term Futures up 1.55 to 34.60. Option volume leaders: AAPL TSLA TWTR AMZN FB C GILD BAC NFLX AA MGM MCD according to Track Data.
14:58 EDTAAPLApple slips lower after halt to online store sales in Russia
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14:54 EDTAAPLVirnetX says appeals court denies rehearing petition in Apple case
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14:50 EDTGOOGGoogle volatility increases as shares trends to 13-month low
Google December call option implied volatility is at 27, January is at 26, February is at 29, March is at 27; compared to its 26-week average of 22 according to Track Data, suggesting large near tem price movement.
14:06 EDTAAPLApple halts online sales in Russia over ruble, Bloomberg reports
Apple said that it its online store in Russia is "currently unavailable while we review pricing," according to Bloomberg, citing an emailed statement. The phone marker noted the "extreme" ruble fluctuations, the news agency added. Reference Link
13:11 EDTAAPLNXP Semiconductors rises after positive analyst mention, Apple Pay news
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13:08 EDTAAPLApple found not guilty of breaking antitrust laws with iTunes, CNBC reports
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13:00 EDTAAPLApple found not guilty of breaking antitrust laws with iTunes, Bloomberg reports
10:42 EDTAAPLVirnetX drops 4% after reportedly losing appeal in case with Apple
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10:42 EDTAAPLAppeals court rules decision in VirnetX suit with Apple stands, Bloomberg says
VirnetX (VHC) lost its bid to reinstate $368.2M damage award from Apple (AAPL), reported Bloomberg.
10:14 EDTROSTRoss Stores downgraded to Market Perform from Outperform at Cowen
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10:10 EDTAAPLSamsung in talks with LoopPay to launch Apple Pay rival in 2015, Re/code reports
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10:01 EDTGOOGGoogle, Verizon enter into global patent licensing agreement
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09:36 EDTAAPLActive equity options trading
Active equity options trading according to Track Data: AAPL AMZN C TSLA PBR TWTR NFLX JPM CLF ABX
07:01 EDTFBFacebook engagement metrics remain strong, says JPMorgan
JPMorgan says Facebook’s share of overall Internet time improved month-over-month to 16.9% from 16.2% in October while its share of mobile time excluding Instagram and Whatsapp increased to 21% versus 20% in October. The firm says Facebook's engagement metrics remain strong and it reiterates an Overweight rating on the stock with an $85 price target.
06:57 EDTGOOG, FBGoogle price target lowered to $600 from $670 at JPMorgan
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06:48 EDTAAPLMore companies adopting Apple Pay, NY Times says
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06:32 EDTAAPLApple, Samsung offer price cuts for tablet products, DigiTimes reports
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06:25 EDTGOOGGoogle facing Dutch privacy fine of up to $19M, WSJ reports
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06:16 EDTAAPLGT Advanced's settlement with Apple approved by bankruptcy court, WSJ reports
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December 15, 2014
16:36 EDTAAPLOn The Fly: Closing Wrap
The Dow began the session with triple digit gains, but the move was short lived and so was the positive start for the equities market, which tumbled with oil prices and struggled for the remainder of the session. The day’s economic reports, which included the Empire Manufacturing report, industrial production and capacity utilization reports, and the NAHB housing market index, had little effect on the market. Stocks recovered a bit but did not get back into the green before the close, with investors wondering how the Fed, which begins its final FOMC meeting of the year tomorrow, will view its strategy in light of the recent weakness in oil. ECONOMIC EVENTS: In the U.S., the Empire State manufacturing index fell to -3.6 in December, which was significantly worse than the expectation for it to rise to 12.4 from its prior 10.2 reading. Industrial production jumped 1.3% in November, which was better than the expected 0.7% increase. The NAHB homebuilder sentiment index fell one point to 57 in December, versus expectations for a one point rise to a 59 reading. Near noon, WTI crude was down more than 2% and was trading below $57 per barrel. COMPANY NEWS: Riverbed Technology (RVBD) rose $1.57, or 8.38%, to $20.31 after the company agreed to be acquired by private equity investment firm Thoma Bravo and the private investor department of Ontario Teachers’ Pension Plan. Riverbed stockholders will receive $21 per share in cash, or a total of approximately $3.6B, which Wells Fargo views as a "good decision" and good deal for the company given the challenges in its business... PetSmart (PETM) advanced $3.30, or 4.25%, to $80.97 after the company agreed to be acquired by a consortium led by BC Partners at a price of $83.00 per share in cash. However, the private equity backers of Petco that were not allowed to participate in the auction process because of competition concerns, Leonard Green & Partners and TPG, could still make a rival offer, according to The Deal Pipeline, citing a source familiar with the situation. MAJOR MOVERS: Among the notable gainers was Sorrento Therapeutics (SRNE), which advanced $1.50, or 25.86%, to $7.30 after the company announced that it has entered into a binding agreement with NantWorks founder Dr. Patrick Soon-Shiong to establish a strategic collaboration to jointly develop next generation immunotherapies for the treatment of cancer and auto-immune diseases. Also higher was Cirrus Logic (CRUS), which rallied $4.12, or 21.87%, to $22.96 after Barclays upgraded the stock two notches to Overweight from Underweight and said the company is poised to make significantly more money per each iPhone sold next year. Among the noteworthy losers was CGG SA (CGG), which was downgraded to Underperform at Raymond James and dropped $2.41, or 28.29%, to $6.11 after Technip (TKPPY) said that it does not plan to file a tender for the company after talks between the companies did not result in a deal. Also lower were shares of Habit Restaurants (HABT), which fell $7.20, or 17.19%, to $34.69 as analysts rolled out coverage of the stock following its IPO about a month ago. Amid the coverage initiations, Habit Restaurants shares were initiated with a Neutral and $41 price target at RW Baird, with a Market Perform rating at Wells Fargo, with an Equal Weight at Stephens and with an Overweight rating and $48 target at Piper Jaffray. INDEXES: The Dow fell 99.99, or 0.58%, to 17,180.84, the Nasdaq dropped 48.44, or 1.04%, to 4,605.16, and the S&P 500 declined 12.70, or 0.63%, to 1,989.63.
16:00 EDTAAPLOptions Update; December 15, 2014
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15:05 EDTGOOGGoogle to step up challenge to Amazon with new shopping features, WSJ says
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12:41 EDTGOOGGoogle to shutter Russian engineering office, Guardian reports
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12:36 EDTGOOGVringo will seek Supreme Court review of court's reversal of Google judgement
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12:15 EDTAAPLCirrus jumps after Barclays ups stock two notches citing Apple opportunity
Shares of Cirrus (CRUS) are rallying after Barclays upgraded the stock two notches to Overweight from Underweight in a note to investors today. The company is poised to make significantly more money per each iPhone sold next year, the firm stated. Cirrus develops audio components for smartphones. WHAT'S NEW: Cirrus will obtain $2.50-$3.50 for each of Apple's (AAPL) iPhone 6S sold next year, up from about $2 for Apple's latest iPhone, the iPhone 6, Barclays analyst Blayne Curtis wrote. A new component made by Cirrus will enable smartphones to always respond to voice commands, even if the devices are turned off, the analyst reported. The new component can also enable Cirrus to obtain more revenue from Android phones, Curtis wrote. The company should obtain a significant amount of revenue from Samsung's upcoming Galaxy S6 devices, the analyst contended. He hiked his 2015 earnings per share estimate for the company to $1.55 from $1.19 and increased his price target on Cirrus shares to $28 from $18. PRICE ACTION: In early afternoon trading Cirrus rallied 19.4% to $22.50.
09:38 EDTAAPLActive equity options trading
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08:44 EDTAAPLSkyworks price target raised to $95 from $75 at JMP Securities
JMP Securities increased its price target on Skyworks (SWKS) as the firm says that its checks indicate that the company is benefiting from strong demand for Apple's (AAPL) iPhone and for Chinese smartphones. The firm thinks the company has a number of other positive catalysts, including rapidly proliferating Internet of Things applications. JMP Securities reiterates an Outperform rating on the shares.
08:40 EDTAAPLCLSA technology analysts hold a luncheon meeting
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08:30 EDTAAPLApple checks show solid brand recognition in China, says Jefferies
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07:58 EDTFBWhatsApp rumored to be at work on web version of app, Business Insider says
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06:46 EDTAAPLApple could pay $450M if it loses e-book appeal, WSJ says
A report from yesterday explains that the Second U.S. Circuit Court of Appeals will begin considering Apple's appeal for a ruling that the company was engaged in illegal price-fixing over e-books, reports the Wall Street Journal. If Apple loses the appeal, the company could pay $450M, with most of it going to e-book customers, the Journal adds. Reference Link
06:32 EDTGOOGUnwired Planet commented on Google Markman ruling
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06:21 EDTFBFacebook's Oculus acquires Nimble VR, 13th Lab
Oculus, which was acquired by Facebook earlier this year, announced on its blog last week that it has acquired startup companies Nimble VR and 13th Lab AB. Terms of the deals have not been disclosed. Reference Link
06:10 EDTFBFacebook implied volatility of 30 at lower end of index mean range
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06:06 EDTFBFacebook stops including results from Bing on site, Reuters reports
A Facebook (FB) spokesperson has confirmed that the company has stopped including results from Microsoft’s (MSFT) Bing search engine on its site as it has revamped its own search offerings, Reuters reported on Friday. Facebook recently introduced a tool that allows users to quickly find past comments and other information posted by their friends on the social networking site. The spokesperson comments that "We continue to have a great partnership with Microsoft in lots of different areas." Reference Link
05:39 EDTAAPLCirrus Logic upgraded to Overweight from Underweight at Barclays
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December 12, 2014
16:00 EDTAAPL, FBOptions Update; December 12, 2014
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09:35 EDTFB, GOOG, AAPLActive equity options trading
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08:43 EDTAAPLWal-Mart cuts prices on iPhone, BGR reports
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07:30 EDTGOOGAmazon forced to remove app from Google Play store, TechCrunch reports
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07:18 EDTGOOGCato Institute holds a conference
2014 Cato Institute Surveillance Conference is being held in Washington, D.C. on December 12 with webcasted presentations to begin at 9 am. Webcast Link
06:37 EDTAAPLApple online store begins accepting PayPal, Re/code reports
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06:05 EDTGOOGGoogle to shut down engineering operations in Russia, The Information reports
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December 11, 2014
17:40 EDTAAPLPriceline becomes first online travel agency to integrate Apple PayApple
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16:01 EDTAAPLOptions Update; December 11, 2014
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14:50 EDTAAPLApple to start selling new iPads in China this week
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13:57 EDTFBFacebook using contact info to measure ad effectiveness, Wired says
Facebook is measuring how much its ads influence shoppers by comparing phone numbers and e-mails collected in stores with the phone numbers and e-mail addresses on Facebook accounts, Wired quoted Brian Boland, the vice president of ad tech at Facebook,as saying. Reference Link
13:11 EDTAAPLApple February volatility elevated at 28
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10:38 EDTFBFacebook holds a webcast
Facebook holds a live Q&A webcast with Mark Zuckerberg on December 11 at 5 pm. Webcast Link
10:17 EDTAAPL, GOOGCiti upbeat on Google in face of pending Apple decision on Safari
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09:37 EDTAAPLActive equity options trading
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09:05 EDTAAPLTSMC reports November sales down 10.5% to $2.32B, DigiTimes reports
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08:54 EDTFBFacebook management to meet with UBS
Meeting to be held in London on December 11 hosted by UBS.
08:53 EDTFB, GOOG, AAPLBritain lays out details for proposed 25% 'Google Tax,' WSJ reports
U.S. technology giants such as Google (GOOGL, GOOG), Facebook (FB), Microsoft (MSFT) and Apple (AAPL) have come under fire in Britain for the relatively small corporate taxes they pay there and the U.K. government detailed plans for a new 25% tax on profits of multinational technology and other companies, reported The Wall Street Journal. Reference Link
08:46 EDTAAPLApple Watch mass production rumored to start in January, AppleInsider says
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08:09 EDTGOOG, AAPLGoogle shares pricing in loss of Apple search deal, says Citigroup
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06:35 EDTAAPLUnited's 23,000 flight attendants to get iPhone 6 Plus, Business Insider reports
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06:32 EDTAAPLGlobalfoundries hope to win orders from Qualcomm and Apple, DigiTimes reports
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06:17 EDTGOOGGoogle to shut Google News service in Spain
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December 10, 2014
16:00 EDTAAPLOptions Update; December 10, 2014
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14:20 EDTAAPLUnited Continental providing 23,000 flight attendants with iPhone 6 Plus
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11:12 EDTFBInstagram announces service now has over 300M users
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09:36 EDTAAPL, FBActive equity options trading
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08:36 EDTAAPLApple, IBM deliver first wave of IBM MobileFirst for iOS apps
Apple (AAPL) and IBM (IBM) have delivered the first wave of IBM MobileFirst for iOS solutions in a new class of made-for-business apps and supporting cloud services that bring IBM’s big data and analytics capabilities to iPhone and iPad users in the enterprise. IBM MobileFirst for iOS solutions are now available to enterprise customers in banking, retail, insurance, financial services, telecommunications and for governments and airlines, thanks to an unprecedented collaboration between Apple and IBM. IBM clients today announcing support for IBM MobileFirst for iOS solutions include: Citi, Air Canada, Sprint and Banorte.
08:09 EDTFBFacebook management to meet with UBS
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06:38 EDTAAPLBose products to return to Apple stores, 9to5Mac reports
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06:22 EDTAAPLChina touch panel makers suffer as smartphone inventory rises, DigiTimes reports
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December 9, 2014
18:20 EDTAAPLApple to establish R&D center in Japan, Nikkei reports
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16:00 EDTAAPL, FBOptions Update; December 9, 2014
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12:48 EDTFBFacebook volatility at low end of historic range
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12:06 EDTROSTBurlington Stores rises after beating Q3 estimates, raising FY14 outlook
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10:35 EDTAAPLApple falls, levels to watch
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09:38 EDTAAPLActive equity options trading
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09:21 EDTAAPLOn The Fly: Pre-market Movers
UP AFTER EARNINGS: AutoZone (AZO), up 3.8%... Burlington Stores (BURL), up 3.3%. ALSO HIGHER: bluebird bio (BLUE), up 56.5% after price target raised at Piper Jaffray and SunTrust... Camtek (CAMT), up 6.7% after being awarded a $2.8M order from a semiconductor manufacturer... PDC Energy (PDCE), up 5.8% after providing fiscal 2015 production guidance... Mast Therapeutics (MSTX), up 3.1% after reporting that it will begin recruiting patients for MST-188 study in first half of fiscal 2015... Idera Pharmaceuticals (IDRA), up 1.4% after announcing data for its lead product candidate, IMO-8400. DOWN AFTER EARNINGS: UTi Worldwide (UTIW), down 10.8%... CONN'S (CONN), down 35.9% after reporting third quarter results, withdrawing fiscal 2015 guidance, stating that there is no timetable set for completion of strategic alternatives, and announcing the departure of its CFO. ALSO LOWER: Apple (AAPL), down 1.6% after Pacific Crest says that weak iPad demand could cause Apple to miss estimates and following a Wall Street Journal report that a judge denied Apple's efforts to throw out iPod pricing lawsuit... Allied Nevada Gold (ANV), down 30.1% after announcing pricing of common stock and warrant offering... United Continental (UAL), down 2.7% after reporting November traffic.
08:03 EDTAAPLWeak iPad demand could cause Apple to miss estimates, says Pacific Crest
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06:20 EDTAAPLJudge denies Apple's efforts to throw out iPod pricing suit, WSJ reports
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06:14 EDTGOOGGoogle launches Street View in Dubai
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06:00 EDTGOOGSalesforce.com names YouTube CEO Susan Wojcicki to board
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December 8, 2014
16:00 EDTAAPLOptions Update; December 8, 2014
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13:16 EDTAAPLApple trades off session lows, levels to watch
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06:37 EDTAAPLApple rumored to be launching 4-inch iPhone in 2015, Times of India reports
Apple is rumored to be developing a new iPhone with a 4-inch display, The Times of India reports, citing a report from The Electronic Times of Taiwan. According to supply chain sources, the device will launch in 2H15. Reference Link
06:22 EDTAAPLApple price target raised to $135 from $120 at Citigroup
Citigroup raised its earnings estimates for Apple after its field work indicated consumers are increasingly buying the higher memory iPhone 6 and 6+. Citi expects purchasing trends towards higher memory devices to drive stronger sales and margins. It believes consensus estimates are yet to factor in this development. The firm raised its price target for Apple shares to $135 from $120 and keeps a Buy rating on the name. Shares of phone maker closed Friday down 49c to $115.
06:15 EDTAAPLLenovo shipments expected to lead Samsung by 9M in 2015, DigiTimes reports
Lenovo (LNVGY) is estimated to beat Samsung (SSNLF) in mobile device shipments in 2015 by about 9M units, reports DigiTimes Research. Lenovo is set to beat Samsung by about 1M units in 2014 and become the second largest mobile computing device brand vendor worldwide behind Apple (AAPL). DigiTimes Research says Lenovo and Samsung plan to focus on maintaining tablet shipments as demand weakens in 2015. Reference Link
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