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Stock Market & Financial Investment News

News For AAPL;GOOG From The Last 14 Days
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June 20, 2013
05:39 EDTGOOGCNIL orders Google to comply with French Data Protection Act
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05:10 EDTGOOGGoogle ordered to change privacy policy by French regulators
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June 19, 2013
16:01 EDTGOOG, AAPLOptions Update; June 19, 2013
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13:21 EDTGOOGFirefox maker to eliminate most Internet tracking, Washington Post says
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13:12 EDTAAPLApple confirms $30M iPad order from Los Angeles school district
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12:13 EDTAAPLApple launching new ad strategy, Business Insider says
Apple is launching new ads that feature people using its products, according to Business Insider. The company's previous ads had mostly shown a finger swiping through the product's features as an actor proclaimed that the products were "magical," the website added. Reference Link
11:44 EDTAAPLApple patent chief leaves for Technicolor, AppleInsider reports
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11:22 EDTAAPLNVIDIA's licensing initiative a way to get into Apple, says Raymond James
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10:38 EDTGOOGSamsung likely to reject idea of Facebook phone, Korea Herald says
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10:06 EDTAAPLLinkedIn could get deep integration in Apple iOS update, 9to5Mac says
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10:05 EDTAAPLApple says HBO GO, WatchESPN available on Apple TV
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09:53 EDTAAPLApple breaks below round number support at $430
The stock has slipped below $430, last at $429.37. At that price, next support is at $426.21, and then at $423.20. Resistance is at $431.44.
09:38 EDTGOOG, AAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL AMAT FDX MA C GOOG DISH AMRN MRK BIDU
08:58 EDTGOOG, AAPLInvenSense likely shut out of iPhone this year, says Maxim
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08:56 EDTGOOGGoogle price target raised to $1100 from $1000 at CLSA
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08:54 EDTAAPLApple awarded $30M contract from Los Angeles school district, LA Times reports
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08:08 EDTGOOG, AAPLMerkel tells Obama: Internet monitoring must have proper limits, Reuters reports
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07:11 EDTGOOGGoogle considers private-equity alliances for deals, Bloomberg reports
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06:44 EDTGOOGGoogle relied on questionable exemption in Waze deal, NY Times says
Google decided not to provide the U.S. government with notice of its acquisition of Israeli mapping company Waze, The New York Times reported yesterday. The notice would have triggered a waiting period during which the government could review any antitrust issues created by the deal. Google relied on an exemption that waives the notice if a foreign company being acquired has sales and assets in the United States of less than $60.9M, the newspaper added. However, Waze's assets in the U.S. probably exceed that level, the Times stated. Reference Link
06:08 EDTGOOGOn the Fly: Periodicals Wrap-Up
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June 18, 2013
18:42 EDTGOOGGoogle files court petition related to NSA surveillance, CNNMoney says
Google has filed a First Amendment court case demanding it be allowed to share information about government surveillance programs with the public, CNNMoney reports. Reference Link
17:12 EDTGOOGNvidia to begin licensing GPU cores, visual computing portfolio
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16:00 EDTAAPLOptions Update; June 18, 2013
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10:41 EDTAAPLLeak points to mass production of iPhone 5S display, BGR says
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09:38 EDTGOOG, AAPLActive 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 EDTGOOGO'Reilly Media to hold a conference
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07:29 EDTGOOGSecurities Industry and Financial Markets Association to host a conference
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06:17 EDTGOOG, AAPLTaiwan 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
June 17, 2013
16:00 EDTAAPLOptions Update; June 17, 2013
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15:29 EDTGOOGGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
11:52 EDTGOOGGoogle settles shareholder litigation over new Class C stock
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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 EDTAAPL, GOOGSamsung 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 EDTGOOG, AAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG CLF TSLA CRM.
09:15 EDTGOOGYahoo unlikely to reach search deal with Google, says Bernstein
Bernstein believes that Google (GOOG) will not make a deal on search with Yahoo (YHOO), as the risk/reward ratio of such a deal would not be favorable to Google. The firm expects Yahoo's stock to rise over the next few months but it keeps a Market Perform rating on the shares.
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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June 15, 2013
15:13 EDTGOOGRaven collaborates with Google in improving Internet access to underserved areas
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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 EDTGOOG, AAPLOptions 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 EDTGOOG, AAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL ELN GOOG TSLA CLF NFLX
08:26 EDTAAPLMicrosoft Office iPhone app available, only to Office 365 subscribers
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07:27 EDTGOOGTiVo volatility at historic lows after patent settlements
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07:15 EDTGOOGFacebook to stop showing search ads, AllThingsD says
Facebook will no longer show ads in its search results, according to AllThingsD. Reference Link
07:12 EDTGOOGLarge Internet companies could be hurt by spying revelations, Politico says
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07:01 EDTAAPLPiper says Apple likely ramping as InvenSense customer
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06:49 EDTAAPLApple's Cue says he didn't push publishers on pricing, NY Times reports
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06:05 EDTGOOGGoogle will shut down AdWhirl on September 30, TechCrunch reports
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05:51 EDTGOOGCompanies often reject U.S. demands for Internet data, WSJ reports
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June 13, 2013
16:00 EDTGOOG, AAPLOptions Update; June 13, 2013
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13:43 EDTGOOGGoogle faces EU probe on Android licensing, FT reports
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10:23 EDTAAPLApple falls below support at $430, levels to watch
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09:53 EDTAAPLApple Q3 iPhones unit shipments tracking above consensus, says ITG Research
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09:37 EDTAAPLActive equity option families trading on open
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07:39 EDTAAPLApple considers bigger iPhone screens, adding colors, Reuters reports
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07:10 EDTGOOGGoogle tax strategy criticized by U.K. lawmakers, Reuters reports
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06:24 EDTGOOGGoogle's Nexus 7 to stay away from entry-level price competition, DigiTimes says
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06:10 EDTGOOGOn the Fly: Periodicals Wrap-Up
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June 12, 2013
18:16 EDTGOOGGoogle reports phishing campaigns targeted at Iranian users
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16:02 EDTGOOG, AAPLOptions Update; June 12, 2013
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15:01 EDTAAPL, GOOGNew Four Horsemen of Tech option implied volatility is mixed
Amazon.com (AMZN) overall option implied volatility of 29 is below its 26-week average of 31, Google (GOOG) is at 24, near its 26-week average of 23, Apple (AAPL) is at 27; below its 26-week average of 29, IBM (IBM) is at 19, above its 26-average of 16 according to Track Data.
09:39 EDTAAPLActive equity option families trading
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07:45 EDTAAPLTime Warner Cable offers incentives to discourage web TV, Bloomberg says
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07:36 EDTAAPLMarvell looks to have won key Apple deal, says RBC Capital
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07:26 EDTGOOGGoogle Waze acquisition positive, says RBC Capital
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06:52 EDTAAPLPandora shares still attractive despite iTunes radio threat, says RBC Capital
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06:34 EDTGOOGHewlett-Packard launches IT system for businesses in cooperation with Google
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06:30 EDTGOOGGoogle price target raised to $1000 from 900 at Needham
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06:14 EDTGOOGU.S. tech firms demand government transparency on security, Reutters reports
Three major U.S. Internet companies --Google (GOOG), Microsoft (MSFT) and Facebook (FB)-- called on the U.S. government to provide greater transparency on national security requests, as they sought to distance themselves from reports that portrayed the companies as willing partners in supplying mass user data to security agencies, reports Reuters.Reference Link
06:11 EDTGOOGGoogle's Waze deal likely to face long probe, NY Post reports
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June 11, 2013
16:00 EDTAAPLOptions Update; June 11, 2013
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14:34 EDTAAPLBarnes & Noble ends support for PC, Mac Nook apps, Digital Reader says
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13:54 EDTGOOGGoogle asks for U.S. permission to publish more national security request data
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13:22 EDTAAPLMarvell may have won SSD contoller socket in new MacBook Air, says JPMorgan
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11:49 EDTGOOGGoogle cuts data storage prices for BigQuery customers
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11:37 EDTGOOGGoogle confirms acquisition of traffic app maker Waze
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11:35 EDTGOOGGoogle confirms closing of acquisition of Waze
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10:00 EDTAAPLYandex search engine included in Apple Safari update, GigaOM says
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09:43 EDTAAPLApple trades lower, levels to watch
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09:42 EDTAAPL, GOOGActive equity option families trading on open
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08:32 EDTAAPLApple announcements met expectations, says JMP Securities
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08:12 EDTAAPLApple news in-line with expectations, says Oppenheimer
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07:30 EDTAAPLPandora can continue to execute despite increased risk, says RBC Capital
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07:16 EDTAAPLApple iTunes radio not seen as threat to Pandora, Bloomberg reports
Apple’s (AAPL) move into the online-radio business may not turn out to be a Pandora Media (P) killer after all. The service shares many features with other Web-radio products, reports Bloomberg.Reference Link
06:27 EDTAAPLApple supply chain expected to see increased performance in Q3, DigiTimes says
Apple's supply chain is expected to start seeing increased performances in Q3 due to the release of a new iMac in 2H13, reports DigiTimes. According to industry supply chain sources, the company is expected to bounce back in Q3 after its shipments may decline by as much as 60%. Reference Link
06:06 EDTAAPLOn the Fly: Periodicals Wrap-Up
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05:50 EDTAAPLRadio market is big enough for multiple Internet players, says William Blair
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June 10, 2013
16:39 EDTAAPLOn The Fly: Closing Wrap
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16:09 EDTAAPLApple iOS updates better than expected, says Piper Jaffray
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16:01 EDTGOOG, AAPLOptions Update; June 10, 2013
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16:01 EDTAAPL, GOOGOptions Update; June 10, 2013
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15:17 EDTAAPLApple breaks support at $437.85, levels to watch
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15:11 EDTAAPLApple iTunes radio to be ad-supported, ad-free with iTunes Match
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15:03 EDTAAPLApple introduces iOS 7 with redesigned user interface
Apple unveiled iOS 7, the "most significant iOS update since the original iPhone," featuring a new user interface. iOS 7 is completely redesigned with subtle motion, an elegant color palette and distinct, functional layers that make it feel more alive. The typography has been refined for a cleaner, simpler look, and the use of translucency and motion makes even simple tasks more engaging. iOS 7 has hundreds of new features, including Control Center, Notification Center, improved Multitasking, AirDrop, enhanced Photos, Safari, Siri and introduces iTunes Radio. The iOS 7 beta software and SDK are available immediately for iOS Developer Program members. iOS 7 will be available as a free software update for iPhone 4 and later, iPad 2 and later, iPad mini and iPod touch this fall.
14:58 EDTAAPLApple announces iTunes Radio
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14:54 EDTAAPLApple says iTunes Radio to start in U.S., come to other countries later
iTunes Radio to work for iPhone, iPod, iPad, Mac and Apple TV and will come with iOS 7.
14:51 EDTAAPLApple introduces iOS for the car, partners include Honda, Nissan, Ford
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14:51 EDTAAPLApple confirms iTunes Radio streaming music service
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14:47 EDTAAPLMicrosoft Bing search results integrated in Apple update of Siri
14:33 EDTAAPLApple iOS 7 adds multi-tasking for all apps, 'control center'
Company presentation of updated mobile operating system continues at developers' event.
14:18 EDTAAPLApple debuts iOS 7 at WWDC, as expected
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14:16 EDTGOOG, AAPLApple's Cook says over 600M iOS devices have been sold
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14:13 EDTAAPLAMD FirePro GPUs to be used in upcoming Mac Pro
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14:11 EDTAAPLApple slips to session lows at WWDC continues
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14:08 EDTAAPLApple previews Mac Pro desktop computer
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14:05 EDTAAPLApple's Cook says iCloud now has 300M accounts
14:03 EDTAAPLApple previews 'Mac Pro' device at WWDC
Says device has faster CPUs, GPUs, RAM and ports. Says device is significantly smaller in size than prior generation. Says Mac Pro to be built in U.S.
14:01 EDTAAPLApple announces updated MacBook Air
Apple (AAPL) announced its updated MacBook Air with all day battery life, fourth generation Intel (INTC) Core processors with faster graphics, 802.11ac Wi-Fi and flash storage that is up to 45% faster than the previous generation. The notebook is now an even better value, with 11-inch models featuring double the storage and 13-inch models starting at a new lower price of $1,099. Apple also introduced completely redesigned AirPort Extreme and AirPort Time Capsule base stations featuring 802.11ac Wi-Fi for up to three times faster performance. The thin and light design features dual microphones, a FaceTime HD camera, a high-speed Thunderbolt port and two USB 3.0 ports. MacBook Air also supports dual displays and video mirroring while simultaneously supporting full native resolution on the built-in display. MacBook Air ships with OS X(R) Mountain Lion. MacBook Air is available immediately through the Apple Online Store, Apple's retail stores and Apple Authorized Resellers. The 11-inch MacBook Air comes with a 1.3 GHz processor with Turbo Boost speeds up to 2.6 GHz, 4GB of memory and is available with 128GB of flash storage starting at $999, and 256GB of flash storage starting at $1,199. The 13-inch MacBook Air comes with a 1.3 GHz processor with Turbo Boost speeds up to 2.6 GHz, 4GB of memory and is available with 128GB of flash storage starting at $1,099, and 256GB of flash storage starting at $1,299.
13:57 EDTAAPLApple says updated Macbook Air line-up starts at $999
MacBook Air to start shipping today.
13:56 EDTAAPLApple announces OS X Mavericks with over 200 new features
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13:53 EDTAAPLApple confirms use of Intel 'Haswell' chips in new Macbook Air line
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13:52 EDTAAPLApple says OS X Mavericks available this fall
Says developer preview available today.
13:45 EDTAAPLApple debuts desktop Maps app, iBooks for Mac
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13:31 EDTAAPLApple says TVs connected to Apple TV can be used as extra Mac display
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13:25 EDTAAPLApple introduces new Mac OS X 'Mavericks'
Operating system features include "finder tabs," tagging for files, features for using multiple screens.
13:21 EDTAAPLApple CEO says Mac growth outpacing PC industry
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13:11 EDTAAPLAnalyst says Apple to update iMac with Intel chip, Inquirer says
According to KGI Securities analyst, Ming-Chi Kuo, Apple (AAPL) will update its iMac line to use Intel (INTC) Haswell processors by July, reports the Inquirer. Reference Link
13:07 EDTAAPLApple CEO says company now has 407 retail stores globally
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12:50 EDTAAPLApple June 445 weekly straddle priced for 3.1% move into Cook’s keynote at WWDC
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12:29 EDTGOOGSony to launch new Google TV box with voice search, androidcentral says
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12:11 EDTAAPLOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14.
11:58 EDTAAPLPandora puts active on Apple Worldwide Developers Conference
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10:05 EDTAAPLApple to webcast live opening keynote at developers conference
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10:01 EDTGOOGGoogle acquisition of Waze a negative for Yelp, says First Analysis
First Analysis said a Google acquisition of Waze would create a formidable competitor for Yelp (YELP). The firm said Google could use the tremendous amount of information Waze collects to direct advertising to its 45M user base and supplement existing data. Shares of Yelp are Equal Weight rated.
10:00 EDTAAPLApple rises ahead of the World Wide Developer Conference
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09:39 EDTAAPL, GOOGActive equity option families trading on open
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08:30 EDTAAPLJPMorgan still likes Pandora ahead of Apple event
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08:06 EDTAAPLApple June volatility low into Worldwide Developers Conference
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07:40 EDTAAPL, GOOGNielsen says social media dominates smartphones, tablets, LAT reports
A report recently released from Nielsen suggests that consumers use their smartphones and tablets for a number or reasons, however, time spent on social networking exceeds that of streaming videos or accessing sports, reported The Los Angeles Times. Reference Link
07:37 EDTAAPLApple iPhone can maintain price premium to other smartphones, says Bernstein
Bernstein believes that Apple's iPhones can continue to sell at much higher price points and higher gross margins than competing products, since Apple's Macs now sell for double the price of PCs. The firm keeps a $600 price target and Outperform rating on Apple.
07:17 EDTGOOGStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
07:14 EDTAAPLApple to host a conference
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07:09 EDTAAPLE3 show not attracting video-game rising stars, WSJ reports
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07:00 EDTAAPLApple's streaming music ad sales could disappoint, AllThingsD says
Apple has had trouble selling ads for various products in the past, and ad sales for its new streaming music service may be disappointing as well, according to AllThingsD. Music companies, which will receive a percentage of the ad sales that Apple generates from the product, may be disappointed by their take, the website stated. Reference Link
06:41 EDTAAPLSome analysts say Apple product could surpass Pandora, NY Times says
Apple's (AAPL) streaming music product, expected to be announced today, could attract more users than a similar service from Pandora (P), some analysts say, according to The New York Times. Pandora has 200M users, the newspaper noted. Reference Link
06:26 EDTAAPLPiper sees 80% chance of iRadio at today's Apple event
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06:08 EDTAAPLOn the Fly: Periodicals Wrap-Up
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June 9, 2013
12:56 EDTAAPLApple's Sir Jonathan Ive to showcase his vision for mobile, FT says
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12:45 EDTAAPLApple set to unveil iRadio music service at conference, Telegraph says
Following a series of deals with major music groups, Apple is set to unveil its own music streaming service at the Worldwide Developers Conference in San Francisco, says the Telegraph. Reference Link
12:32 EDTAAPL, GOOGSources: Google set to acquire Waze for $1.3B, Globes reports
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June 7, 2013
18:40 EDTAAPLApple signs Sony Publishing for iRadio, AllThingsD says
Apple (AAPL) has struck a deal with music publisher Sony/ATV (SNE), a deal that is in addition to its deal reported earlier today with Sony's recorded music arm, reports AllThingsD. Reference Link
16:26 EDTGOOGOn The Fly: Closing Wrap
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16:00 EDTAAPL, GOOGOptions Update; June 7, 2013
CBOE Volatility Index VIX down 1.67 to 14.96. Option volume leaders: AAPL AMZN GOOG TSLA HPQ according to Track Data.
14:46 EDTAAPLApple conference has more upside potential than downside risk, says BGC Partners
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12:57 EDTGOOGOn The Fly: Midday Wrap
The Wall Street averages were all up about 1% near midday after the monthly jobs report beat forecasts. ECONOMIC EVENTS: In the U.S., the Labor Department reported employers added 175K jobs in May, beating expectations for 163K added jobs. The unemployment rate rose slightly to 7.6% in May from 7.5% in April, with the uptick attributed to more people entering the workforce. COMPANY NEWS: TiVo (TIVO) confirmed it had settled a patent lawsuit with Google's (GOOG) Motorola unit, Cisco (CSCO) and Time Warner Cable (TWC), as reported by media outlets yesterday. The company also doubled its stock buyback authorization, but TiVo shares, which had been higher yesterday on the initial reports, fell over 17% as the amount of money the company received in the deal fell short of analyst expectations. MAJOR MOVERS: Among the notable gainers were JinkoSolar (JKS) and Thor Industries (THO), which both gained over 10% following their earnings reports. Also higher were shares of Yum! Brands (YUM), which rose nearly 3% after UBS upgraded the stock to Buy. Among the losers were a number of companies that had hoped to convert to real estate investment trusts after the IRS formed a group to study issues relating to REIT conversions. Notably, Iron Mountain (IRM) fell almost 16%, Copart (CPRT) dropped over 6%, and Equinix (EQIX) slid over 5%. INDICES: Near 1 pm ET, the Dow was up 168.95, or 1.12%, to 15,209.57; the Nasdaq was up 35.12, or 1.03%, to 3,459.17; and the S&P 500 was up 15.41, or 0.95%, to 1,637.97.
12:37 EDTGOOGTiVo volatility collapses on settlement with Google's Motorola Mobility
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11:29 EDTAAPLAnalyst says Apple 'iPhone mini' could launch next month, BGR reports
The new Apple 'iPhone mini' may make its debut as quickly as next month, according to BGR, citing a Topeka Capital Markets analyst who references Taiwan-based contacts. Reference Link
11:26 EDTAAPL, GOOGBlackBerry BBM to be available on other devices after June 27, The Next Web says
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10:48 EDTGOOGGoogle shares rise, levels to watch
Shares are up just under a percent to $871.26 at time of writing. At that price, next resistance is at $880.40. Support is at $866.38, the 30-day moving average.
10:12 EDTAAPL, GOOGCost for entry-level 7-inch tablets expected to drop, DigiTimes says
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09:39 EDTAAPLApple has all major labels signed for iRadio with Sony added, AllThingsD says
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09:27 EDTGOOGOn The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray.
09:21 EDTGOOGCisco to pay $294M to TiVo in patent settlement
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09:04 EDTAAPLPandora won't be killed by Apple radio, says Pacific Crest
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08:42 EDTGOOGTiVo down 19.2% after confirming terms of patent settlement with Google, others
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08:22 EDTGOOGTiVo reaches $490M patent settlement, doubles share buyback
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07:45 EDTGOOGTiVo likely received favorable settlement terms, says Lazard Capital
Lazard Capital says it makes sense to assume that TiVo (TIVO) received favorable terms in its settlement with Google's (GOOG) Motorola as it had no reason to settle for less. The firm estimates the settlement will be worth a pre-tax NPV of $807M, or $484M after-tax, equal to $3.44 per TiVo share. Lazard Capital says shares of TiVo are likely to move near its $17 price target should its settlement assumptions prove right.
06:53 EDTAAPL, GOOGU.S. collects data overseas from major Internet companies, NY Times reports
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06:03 EDTAAPLApple checks show downward trending iPhone sales, says Jefferies
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05:55 EDTAAPLCiti expects Apple shares to remain around $430
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05:26 EDTAAPL, GOOGMajor Internet firms deny giving U.S. 'direct access' to servers, Reuters says
A number of big tech companies, including Apple (AAPL), Google (GOOG) and Facebook, said they don't provide any government agency with "direct access" to their servers, rebutting a Washington Post report that said they have granted such access under a classified data collection program, reports Reuters.Reference Link
June 6, 2013
16:28 EDTGOOGTiVo settles patent case with Motorola Mobility, Bloomberg says
TiVo (TIVO) settled a patent lawsuit with Google's (GOOG) Motorola Mobility unit that was set to go to trial next week, reports Bloomberg, citing a clerk in the trial judge's chambers. Shares of TiVo spiked higher following the news, closing up $1.05, or 8.29%, to $13.71. Reference Link
16:22 EDTGOOGOn The Fly: Closing Wrap
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16:01 EDTGOOG, AAPLOptions Update; June 6, 2013
CBOE Volatility Index VIX down 72c to 16.78. Option volume leaders: AAPL TSLA GOOG C MRK BAC according to Track Data.
15:51 EDTGOOGTiVo, Motorola settle lawsuit, terms not disclosed, Bloomberg says
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14:21 EDTGOOGCompany says it's developing superior Google Glass competitor, BGR reports
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14:20 EDTAAPLApple plans iPhone trade-ins for first time, Bloomberg reports
Apple is starting a trade-in program this month in an attempt to get users to trade in older iPhone models in favor of the iPhone 5, Bloomberg reports, citing people with knowledge of the company's plans. Reference Link
13:56 EDTAAPLApple plans iPhone trade-ins to add sales, Bloomberg says
10:32 EDTAAPLApple breaks below support at $440, levels to watch
The shares are heading lower, breaking support at $440. At the current price of $439.16, support is at the session low of $438.33 and then at $434.58. Resistance is at $440 and then at $441.44.
10:13 EDTAAPLApple iPhone sales drop faster than expected in China, says Wedge Partners
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09:39 EDTGOOG, AAPLActive equity option families trading
Active equity option families trading on open according to Track Data: AAPL TSLA GOOG SODA PAY
09:09 EDTGOOGTop Image Systems files for patent for GlassCapture
Top Image Systems (TISA) announced that the company has filed a patent to the U.S. Patents Office for a new TIS capture product - GlassCapture, a Google Glass (GOOG) capture application. The new product will enable users to capture documents by means of snapping images of the documents using a wearable computer such as Google Glass and then recognizing and processing the documents. GlassCapture will aid users to make decisions based on the captured documents and related information retrieved during document processing.
07:46 EDTAAPLNew versions of MacBook Air to debut at WWDC, 9to5Mac says
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07:35 EDTAAPL, GOOGApple iRadio music service to be ad supported, Reuters says
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07:07 EDTAAPLApple says evidence shows it negotiated with publishers, NY Times reports
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06:23 EDTGOOGAMD to joint Chromebook supply chain, Digitimes reports
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