Stock Market & Financial Investment News

News For AAPL;GOOG From The Last 14 Days Check below for free stories on AAPL;GOOG the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. << 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | all recent news | >> May 21, 2013 16:04 EDT AAPL Options Update; May 21, 2013 Subscribe for More Information 10:42 EDT GOOG Google tests support at $900, levels to watch The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87. 09:42 EDT AAPL Active equity option families trading on open Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C 09:34 EDT AAPL Apple trades lower, levels to watch The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46. 08:12 EDT AAPL Senate Homeland Security and Governmental Affairs Committee to hold a hearing The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link 07:50 EDT AAPL Ireland rejects allegations that it's a tax haven, FT reports Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link 07:05 EDT AAPL Senate report says Apple avoided paying taxes on $44B of income, Politico says Subscribe for More Information May 20, 2013 17:12 EDT AAPL Apple has avoided paying taxes on operations for five years, U.S. Senate says Subscribe for More Information 17:11 EDT AAPL Apple Operations International has no physical presence, says Senator Levin Apple Operations International has no physical presence and no employees, according to Senator Levin. Two of three directors are Apple employees, based in the U.S., the Senator added. 16:02 EDT GOOG, AAPL Options Update; May 20, 2013 Subscribe for More Information 15:19 EDT AAPL Apple sees paying over $7B in taxes to U.S. in current fiscal year Apple released testimony the company plans to give before the permanent subcommittee on investigations of the U.S. Senate tomorrow. In part, the company plans to state it expects to pay over $7B in taxes to the U.S. Treasury in its current fiscal year. Apple also contends it is "likely the largest corporate income tax payer in the US, having paid nearly $6B in taxes" to the U.S. in FY12. Reference Link 12:04 EDT AAPL Apple rumored to be testing OLED for iWatch, AppleInsider says Subscribe for More Information 09:40 EDT GOOG, AAPL Active equity option families trading Subscribe for More Information 07:53 EDT GOOG Google ex-employee claims evidence of U.K. tax evasion, FT says Subscribe for More Information 06:27 EDT AAPL Apple MacBook orders to rise 20% sequentially in Q2, DigiTimes says Subscribe for More Information 06:23 EDT AAPL Apple next-generation iPad trial production to begin soon, Digitimes says Subscribe for More Information May 17, 2013 16:00 EDT GOOG, AAPL Options Update; May 17, 2013 Subscribe for More Information 14:03 EDT GOOG Market set to finish week with gains after Cisco results, comments Subscribe for More Information 12:13 EDT AAPL Samsung says S4 sales to reach 10M next week, Korea Times says Subscribe for More Information 12:01 EDT AAPL iPad mini panel shipments from AUO expected to drop this quarter, DigiTimes says AU Optronics' (AUO) shipments of panels for Apple's (AAPL) iPad minis are expected to sink to 2.5M-2.8M in Q2 from 4M in the first quarter, Taiwan-based supply chain sources stated, according to DigiTimes. Reference Link 11:05 EDT AAPL Apple devices approves for use on U.S. military networks, Bloomberg says Subscribe for More Information 09:57 EDT AAPL Apple devices approved for use by Pentagon, Bloomberg reports Subscribe for More Information 09:38 EDT GOOG Google rises following price target bump, levels to watch Subscribe for More Information 09:37 EDT AAPL, GOOG Active equity option families trading on open Subscribe for More Information 08:53 EDT GOOG Google price target raised to $1,065 from $875 at Argus Subscribe for More Information 07:11 EDT AAPL Apple to suggest tax reform for offshore cash, Bloomberg reports Subscribe for More Information 07:10 EDT GOOG U.K. to question Amazon over income tax, Reuters reports Subscribe for More Information 06:43 EDT AAPL Apple disputing government's e-book allegations, NY Times says Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link 06:36 EDT GOOG Google to add new apps to Google Glass, NY Times says Subscribe for More Information 06:12 EDT AAPL Apple losing its edge as innovator, poll shows, Bloomberg reports Subscribe for More Information 06:06 EDT AAPL On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports. May 16, 2013 18:42 EDT GOOG Google sent letter by Congress over Glass privacy issues, WSJ reports Subscribe for More Information 14:01 EDT AAPL, GOOG Options Update; May 16, 2013 Subscribe for More Information 13:05 EDT GOOG, AAPL Spending on Apple, Android video games jumped in Q1, AllThingsD says In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link 10:25 EDT GOOG Microsoft discussing 'glasses' tech with Vuzix, NY Post says Subscribe for More Information 10:20 EDT AAPL Apple reverses sharply higher after breaking below $420 Subscribe for More Information 10:03 EDT AAPL On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen. 09:44 EDT AAPL Apple falls in early trading, levels to watch The shares are down over 1.6% to $420.77. At that price, next support is at $419.85. Resistance is at $424.85. Among issues that could be contributing to the price decline are continued cutting of postions by hedge funds long the stock, a news item that Apple and its supplier Foxconn are violating work-hour laws in China, and a U.S. Senate inquiry into its treatment of taxes and non-patriated foreign profits. 09:36 EDT GOOG, AAPL Active equity option families trading on open Subscribe for More Information 08:36 EDT AAPL Apple says over 50B apps downloaded from App Store Apple announced that customers have downloaded over 50B apps from its App Store. Customers are downloading more than 800 apps per second at a rate of over two billion apps per month on the App Store, the company added. 07:40 EDT AAPL Foxconn and Apple exceeding work-hour laws in China, WSJ reports Subscribe for More Information 07:36 EDT GOOG Google price target raised to $1,025 from $830 at RW Baird RW Baird raised its price target for Google shares to $1,025 following the company's I/O conference and keeps an Outperform rating on the name. Baird thinks Chrome continues to gain momentum and that yesterday's event highlighted Google's technology advantages. Shares of Google closed yesterday up $28.79 to $915.89, and are indicated up another $5.66 in pre-market trading. 07:10 EDT GOOG Google to help with supercomputing project, WSJ reports Subscribe for More Information 07:02 EDT GOOG YouTube demands that Microsoft pull YouTube app, The Verge reports Subscribe for More Information 06:47 EDT AAPL Apple initiated with a Neutral at Susquehanna Subscribe for More Information 06:08 EDT GOOG On the Fly: Periodicals Wrap-Up Subscribe for More Information 05:59 EDT GOOG High tech firms involved in immigration battle, WSJ reports Subscribe for More Information May 15, 2013 17:09 EDT GOOG, AAPL Greenlight gives quarterly update on stakes NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG). 17:03 EDT GOOG, AAPL Soros gives quarterly update on stakes NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). 16:24 EDT GOOG On The Fly: Closing Wrap Subscribe for More Information 16:08 EDT GOOG Google sites lead U.S. April searches with 66.5% of searches, comScore says Subscribe for More Information 16:02 EDT GOOG, AAPL Options Update; May 15, 2013 Subscribe for More Information 15:55 EDT AAPL Apple slide attributed to 13F filings, bearish '$240 per share' call, BI says With Apple's stock down sharply over the last two days, analysts and media sources searching for a reason have pointed to 13F filings that show hedge funds have been trimming or liquidating their positions, as well as a publicized call from an Apple bear who said the stock is only worth $240 per share based on its Return On Invested Capital, said Business Insider. Reference Link 14:27 EDT GOOG Google unveils redesigned Maps for mobile Subscribe for More Information 13:20 EDT AAPL Apple's slide picks up momentum, levels to watch The shares have been on a very steady downward track today, last at $426.45. That is a loss of over 3.9%. At current price, next support would be at $420.05. Resistance is at $428.43. 13:01 EDT GOOG Google says Chrome browser now has over 750M users Subscribe for More Information 12:59 EDT GOOG Google confirms plan to sell Samsung Galaxy S4 in Google Play store Says GS4 will be available on AT&T (T) and T-Mobile (TMUS) networks. 12:53 EDT GOOG Google says All Access music service available for $9.99 per month Subscribe for More Information 12:49 EDT GOOG Google announces subscription streaming music service Subscribe for More Information 12:26 EDT GOOG Google announces Google Play Game Services Subscribe for More Information 12:13 EDT GOOG Google says 900M Android devices now activated worldwide Subscribe for More Information 11:37 EDT AAPL Microsoft replacing Xbox points with gift cards, currency, The Verge reports Subscribe for More Information 10:02 EDT GOOG Google breaks out above round-number resistance at $900 Subscribe for More Information 10:01 EDT GOOG Google volatility decreases as shares rally to record into Google I/O Subscribe for More Information 09:55 EDT AAPL Apple slides further, levels to watch Subscribe for More Information 09:55 EDT AAPL Tiger Management liquidates stake in Apple Julian Robertson's Tiger Management disclosed today in its quarterly filing that it held no position in Apple. The hedge fund reported owning 42K shares of Apple as of December 31, 2012. 09:43 EDT GOOG Active equity option families trading on open Subscribe for More Information 09:32 EDT AAPL InvenSense has multiple positive catalysts, says Pacific Crest Pacific Crest thinks that InvenSense (INVN) remains extremely well positioned to penetrate Apple (AAPL) this year. The firm expects InvenSense to recover market share on Samsung's (SSNLF) Galaxy Note 3, and it recommends buying InvenSense shares. 09:25 EDT AAPL Apple unlikely to launch low cost iPhone, says Pacific Crest Subscribe for More Information 09:19 EDT GOOG On The Fly: Pre-market Movers Subscribe for More Information 08:56 EDT AAPL Apple fingerprint sensor seems confirmed by PayPal exec, BGR says Subscribe for More Information 08:33 EDT GOOG Google to announce "pure" Android version of Galaxy S4, Geek.com says Subscribe for More Information 08:19 EDT AAPL, GOOG Samsung shipped 6M Galaxy S4 devices through May 10, androidcentral says Subscribe for More Information 08:08 EDT AAPL PC sales decline in Western Europe, Economic Times reports Subscribe for More Information 07:39 EDT GOOG Google to host a conference Google I/O 2013 is being held in San Francisco on May 15-17. 07:26 EDT GOOG Google price target raised to $996 from $932 at Morgan Stanley Subscribe for More Information 07:21 EDT GOOG Pandora down 4% to $16.10 after reports of Google music service Subscribe for More Information 06:52 EDT GOOG Google won't connect YouTube, Google Play music offerings, AllThingsD says Google is expected to launch music subscription services on both YouTube and Google Play, but won't connect the two services, unnamed music industry sources stated, according to AllThingsD.As a result, YouTube's free music won't help sell subscriptions to Google Play's service, the website stated. Reference Link 06:42 EDT AAPL U.S. says Apple was "ringmaster" in e-book price fixing scheme, NY Times says The Justice Department is alleging that Apple (AAPL) was "the ringmaster" in an e-book price fixing scheme, according to The New York Times, citing a lawsuit filed by the agency. One piece of evidence the agency is using to try to prove that charge is an e-mail from former Apple CEO Steve Jobs to News Corp's (NWSA) James Murdoch, in which Jobs allegedly suggested that the two companies set specific prices for e-books, the newspaper added. Reference Link U May 14, 2013 18:39 EDT GOOG Google to launch Spotify-like music service, WSJ reports Subscribe for More Information 17:50 EDT GOOG Google to launch Spotify-style streaming music service, DJ reports Subscribe for More Information 16:00 EDT AAPL Options Update; May 14, 2013 Subscribe for More Information 15:16 EDT AAPL Apple fades to session lows, down over 2%, levels to watch The shares last hit $443.92 at time of writing. Next support below is at $439.29. Resistance is at $445.25, a prior pivot high. 13:59 EDT AAPL Apple shares drop, down 2% to $445.84 Subscribe for More Information 13:54 EDT GOOG Google CEO Page discloses left vocal chord paralysis Subscribe for More Information 11:12 EDT AAPL, GOOG BlackBerry plans to bring BBM to iOS, Android this summer Subscribe for More Information 11:01 EDT GOOG, AAPL BlackBerry says bringing BBM platform to iOS, Android Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event. 10:07 EDT AAPL Groupon introduces Breadcrumb point-of-sale app for iPad Subscribe for More Information 09:54 EDT GOOG Synacor to present Cloud ID with Google+ Synacor (SYNC) announced it will demo Cloud ID Social Login with Google+ and advanced TV Everywhere technologies in the Developer Sandbox at Google I/O, May 15-17. 09:38 EDT AAPL Active equity option families trading on open Subscribe for More Information 09:25 EDT GOOG Google to expand Fiber service to Gladstone, Missouri Subscribe for More Information 08:18 EDT AAPL David Tepper says Citigroup position 'more than twice' Apple stake Subscribe for More Information 08:16 EDT AAPL David Tepper says Apple shares 'ok' at current levels Subscribe for More Information 08:15 EDT AAPL David Tepper says still owns Apple, cut stake 'a little bit' David Tepper of Appaloosa Management is speaking on CNBC. 07:50 EDT AAPL Apple to reach 50B app downloads before Wednesday, Fortune reports Apple is expected to reach 50B app downloads in before midnight Tuesday, reports Fortune. With apps being downloaded at the rate of 580 per second today, things may accelerate considerably as the goal approaches. Reference Link 07:50 EDT AAPL Sharp to seek increased sales to Samsung, Reuters reports Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link 07:32 EDT GOOG Google ordered to change search hints by German court, AP reports Subscribe for More Information 06:52 EDT GOOG Google likely to focus on new Android services at conference, AllThingsD says Subscribe for More Information 06:22 EDT AAPL Gartner reports Q1 mobile phone sales growth Subscribe for More Information 05:53 EDT AAPL Web browsers are being reinvented, WSJ reports Subscribe for More Information May 13, 2013 15:45 EDT AAPL Options Update; May 13, 2013 Subscribe for More Information 13:21 EDT GOOG Google unifies storage limit, says 15 GB available free across services Google announced earlier in a blog post that its users will now get 15 GB of unified storage for free to use between Drive, Gmail, and Google+ Photos. The changes to Google Drive storage will roll out over the next couple of weeks and Google Apps users will also be getting shared storage, the company said. Reference Link 10:24 EDT AAPL Follow-up: Wedge Partners believes InvenSense shipping units to Apple Subscribe for More Information 09:39 EDT AAPL Active equity option families trading Active equity option families trading on open according to Track Data: AAPL C TSLA LVS GILD FSLR 08:14 EDT GOOG Google volatility at low end of range as shares near record high into Google I/O Subscribe for More Information 07:58 EDT AAPL Barclays' technology research team holds analyst/industry conference call Analyst Research Team discusses the supply chain and major trends on an Analyst/Industry conference call to be held on May 13 at 10 am. 07:49 EDT GOOG Google price target raised to $950 from $875 at BofA/Merrill Subscribe for More Information 06:40 EDT GOOG Facebook Home not very popular so far, AllThingsD says Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link May 12, 2013 18:49 EDT AAPL ABC app to let users live stream local programming, NYT says ABC, a unit of the Walt Disney Company (DIS), will unveil the "live" function for its app for iPhones (AAPL) and iPads, allowing users around New York and Philadelphia to live stream all the programming from ABC’s local stations there, says the New York Times. Reference Link 15:18 EDT GOOG Google+ struggles to win over brands, Reuters says Two years after introducing Google+ the search giant is struggling to win over the brands and businesses that are its best customers in the Internet search market, Reuters says. Reference Link May 11, 2013 14:26 EDT AAPL Pentagon expects to give clearance for Apple mobile devices, Bloomberg says The U.S. Defense Department plans to give clearance for Apple mobile devices for use on its networks early next week, says Bloomberg, citing a Pentagon spokeswoman. Reference Link May 10, 2013 16:01 EDT GOOG, AAPL Options Update; May 10, 2013 CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data. 14:52 EDT GOOG Market poised to end week higher as tech helps lead advance Subscribe for More Information 10:53 EDT GOOG Facebook adds Facebook Home launcher to more Android phones, androidcentral says Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link 09:38 EDT GOOG, AAPL Active equity option families trading Subscribe for More Information 09:35 EDT GOOG Google may announce improved Nexus 7 with same price at I/O, CNET says Subscribe for More Information 08:03 EDT AAPL Lenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports Subscribe for More Information 07:07 EDT AAPL Apple margin decline concerns overblown, says Piper Jaffray Subscribe for More Information May 9, 2013 15:25 EDT AAPL Royalty talks for Apple's iRadio hit snag, FT reports Subscribe for More Information 15:04 EDT GOOG Google's YouTube announces subscription content On the official YouTube blog, Google unit YouTube announced it is launching a pilot program for some partners that will offer paid channels on YouTube with subscription fees starting at 99c per month. Reference Link 14:30 EDT GOOG Options Update; May 9, 2013 Subscribe for More Information 12:53 EDT AAPL Gundlach says would own Apple vs. short over next six months Subscribe for More Information 12:52 EDT AAPL Gundlach says 'not positive or negative' on Apple shares DoubleLine CEO Jeff Gundlach is speaking on CNBC. 12:51 EDT AAPL Gundlach says Apple shares 'not expensive at all' Subscribe for More Information 12:51 EDT AAPL Gundlach says Apple short covered, 'easy money' has been made Subscribe for More Information 09:38 EDT GOOG, AAPL Active equity option families trading Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD. 07:12 EDT AAPL Apple parts assembler increases China workforce 40%, Bloomberg reports Subscribe for More Information 06:10 EDT AAPL On the Fly: Periodicals Wrap-Up Subscribe for More Information 05:50 EDT AAPL Samsung using its own parts to cut costs, WSJ reports Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link May 8, 2013 16:00 EDT AAPL Options Update; May 8, 2013 CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. 14:48 EDT GOOG Druckenmiller says Google his largest holding in U.S. Subscribe for More Information 13:40 EDT AAPL Water pours into Apple store in NYC, New York Post says Subscribe for More Information 10:55 EDT AAPL Sharp to reportedly start iPhone 5S LCD production in June, Apple Insider says Sharp (SHCAY) is supposedly readying one of its Japanese plants to begin manufacturing LCDs for Apple's (AAPL) "iPhone 5S" in June, said Apple Insider, citing Japan's Nikkan Kogyo Shimbun. Reference Link 10:16 EDT AAPL Apple spikes higher from the lows, levels to watch The stock has taken off to the upside from early lows in an intraday pattern almost exactly that of Google (GOOG) which is trading at session highs as well. At the current price of $463.01, next resistance is at $464.52. Support is at $460.53. Traders for today at least may want to track the high correlation of Google and Apple as it is relatively rare and may be a footprint of a buy program. 09:37 EDT AAPL, GOOG Active equity option families trading on open Subscribe for More Information 08:54 EDT GOOG Google Maps alleged redesign leaked, electronista reports Subscribe for More Information 08:23 EDT GOOG France, Germany want Google pressed on taxes, Reuters reports German and French politicians will press for Google to be questioned on corporate income tax after a Reuters report highlighted how the company employs sales staff in the U.K. while telling the tax authorities that sales are made from Ireland, reports Reuters. British lawmakers plan to call Google to testify again to a parliamentary committee to clarify what work it does there. Reference Link 07:26 EDT AAPL T-Mobile USA says 500K iPhone 5 sold to date T-Mobile USA (TMUS) said, to date, the company has sold approximately 500,000 iPhone5's to new and existing customers. T-Mobile began selling Apple's (AAPL) iPhone at all company-owned stores in combination with the new Simple Choice service plan on April 12, the company noted. 07:10 EDT AAPL Samsung faced with hugh cash pile, WSJ reports Samsung (SSNLF) now faces a new, enviable Apple-like (AAPL) challenge: a mammoth pile of unspent, accumulated cash. The company said its cash and cash equivalents grew to nearly $40B at the end of March. After stripping out debt, their net cash position is $28.5B, reports the Wall Street Journal.Reference Link 06:15 EDT AAPL, GOOG Apple wants Google documents in Samsung suit, Bloomberg reports Subscribe for More Information 06:05 EDT AAPL On the Fly: Periodicals Wrap-Up Subscribe for More Information May 7, 2013 16:01 EDT AAPL Options Update; May 7, 2013 Subscribe for More Information 15:23 EDT AAPL Sohn conference presentations likely to move stocks again The Sohn Investment Conference is set to take place tomorrow in New York City. Among the notable presenters are David Einhorn, Bill Ackman, and Jeff Gundlach, each of whom presented a year ago. LOOKING BACK: A year ago, both Gundlach and Einhorn addressed Apple (AAPL) in their presentations, taking opposite sides of the trade. Gundlach said that he was short Apple, while Einhorn said he was long the stock. Gundlach reiterated his short position on Apple in a number of interviews during the year, including a prediction in January that Apple shares would reach $425 in the first quarter, a level the stock closed below on March 4. On April 29, Gundlach told CNBC he was no longer short Apple. Einhorn, meanwhile, filed a suit against the company in February in an effort to get it to distribute some of its cash hoard to investors. Earlier today, Einhorn said in an earnings conference call for Greenlight Capital that he has added to his Apple long position and praised the company's plan to return more capital to holders. Apple shares are down more than 19% over the last year, though shares have rallied more than 15% from their April lows. At last year's conference, Bill Ackman discussed his long position in J.C. Penney (JCP). Ackman, a member of Penney's board, said the company was going through with its in-store makeover strategy, led by then CEO Ron Johnson. J.C. Penney shares have slipped 50% over the last year, with Johnson leaving his CEO post on April 8. OTHER POSITIONS: Over the last year, both Einhorn and Gundlach have mentioned shorting Chipotle (CMG). In October, Einhorn recommended shorting Chipotle, saying Taco Bell (YUM) was a threat to the burrito chain. At a presentation last month, Gundlach said the idea of a gourmet burrito is an oxymoron. Shares of Chipotle are down more than 3% today ahead of tomorrow's conference, though neither investor has confirmed they hold short positions in its shares. In addition to his long position in J.C. Penney, Ackman has a high-profile short position in Herbalife (HLF), which he has called "a pyramid scheme." Ackman has been in a public spat with Carl Icahn over the company in which, according to Icahn's most recent SEC filings, he holds a better than 15% stake. Herbalife shares, which lost more than 39% following Ackman's initial presentation, are up slightly better than 1.5% since Ackman's initial comments. OTHER PRESENTERS: Investors will also be watching comments in any individual stocks from famed short-seller Jim Chanos, as well as comments from Kyle Bass, who has been outspokenly bearish on Japan. Also presenting is Paul Singer of Elliott Management, which is currently in a proxy fight with Hess (HES) in an effort to add five independent directors to the company's board. Keith Meister of Corvex Management, which along with Related Fund Management has been seeking change at CommonWealth REIT (CWH), is also set to take the stage. 12:54 EDT AAPL, GOOG Google rumored to be planning stores to sell Google Glass, Business Insider says Google (GOOG) is rumored to be planning retail stores specifically to sell Google Glass, Business Insider reports, citing a source. Previous reports suggested Google was developing retail stores, like Apple (AAPL) and Microsoft (MSFT), to sell a variety of products. Reference Link 11:39 EDT AAPL Samsung to open mini-shops in 1,400 Best Buy stores, LA Times reports Subscribe for More Information 10:54 EDT GOOG Media buyers upping budgets for FBX, site, search retargeting, eMarketer says More media buyers are planning to increase their investments in site, search and Facebook Exchange re-targeting, according to eMarketer, citing a survey by media-buying platform Chango. Reference Link 10:19 EDT GOOG Hack reveals AR app possibilities on Google Glass, engadget says Subscribe for More Information 09:50 EDT GOOG Tesla investigating autopilot technology, talked with Google, Bloomberg says Tesla Motors (TSLA) CEO Elon Musk said the company is considering adding technologies that can take over for drivers, according to an interview with Bloomberg. Tesla has talked with Google (GOOG) about its self-driving tech, though Musk prefers applications more like an airplane’s autopilot system, the report added. Reference Link 09:40 EDT AAPL Greenlight's Einhorn says stake increased Apple David Einhorn said today on the conference call for Greenlight Capital Re (GLRE) that he increased his position in Apple (AAPL). Einhorn called Apple's decision to issue debt and return cash to shareholders as a "major step forward." 09:38 EDT GOOG Active equity option families trading Subscribe for More Information 08:38 EDT GOOG, AAPL Amazon leak reveals planned Windows 8 mini-tablet, Telegraph says According to a listing that appeared briefly on Amazon's (AMZN) U.S. website before being removed, a new 7-inch Acer tablet priced at $379.99 will be the first Microsoft (MSFT) Windows 8 small tablet, reported The Telegraph. This device is expected to be the first of number of mini W8 tablets that will compete with Apple's (AAPL) iPad Mini, Google's (GOOG) Nexus 7 and Amazon's own Kindle Fire, the report added. Reference Link 08:29 EDT GOOG Nokia leading force in regulatory attack against Google, Telegraph says Subscribe for More Information 07:23 EDT AAPL Apple rumored to be planning more than one low-cost iPhone, Electronista reports Apple is said to be planning more than just a single model of the "low-cost" iPhone, Electronista reports, citing a parts supplier. The rumored phone would be aimed at developing markets and cost around $330-$400. Reference Link 07:10 EDT AAPL, GOOG Some handset makers, telecoms seek third mobile platform, WSJ reports Subscribe for More Information 06:41 EDT GOOG Google Glass blasted by critics, NY Times says Subscribe for More Information 06:24 EDT AAPL Foxconn to shift iPhone orders to handset subsidiary, DigiTimes says Foxconn is planning to switch its iPhone orders to its handset subsidiary Foxconn International Holdings, reports DigiTimes. According to industry sources, the shift in orders is still subject to approval from Apple and was made to improve the handset business. Reference Link 06:07 EDT AAPL, GOOG On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports. << 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.