New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 18, 2013
16:27 EDTAMRN, MS, INTC, MOV, GE, AAPL, COF, LIFE, FBOn The Fly: Closing Wrap
Stocks on Wall Street were mixed on the day, as earnings and economic data did little to spur the markets, which traded in a narrow range for much of the session. Apple (AAPL), Intel (INTC), which traded lower after its earnings report, and Facebook (FB) all lost ground on the day, weighing on the Nasdaq, while the S&P 500 and the Dow gained modestly, closing at five-year highs... ECONOMIC EVENTS: In the U.S., the preliminary University of Michigan Consumer Confidence reading dropped to 71.3, versus an expected first look reading of 75.0 for January. In Asia, China's GDP grew 7.9% in the final quarter of the year. The late-year rebound led the nation's full year GDP to grow 7.8%, beating analyst consensus of 7.7% and the government's 7.5% target. Also, Japan's stock market surged on increased expectations that the government will take even more aggressive easing steps... COMPANY NEWS: General Electric (GE) reported earnings that were just above Street estimates and a record equipment and services backlog of $210B to end the year, sending shares up 74c, or 3.47%, to $22.04 on the day... Morgan Stanley (MS) also reported earnings that beat consensus estimates, and the company said expenses could decline by about $1.6B through 2014. Shares of Morgan Stanley lead the financial sector on the day, gaining $1.63, or 7.86%, to $22.38... Intel lost $1.43, or 6.31%, to $21.25 after the company reported earnings last night that were generally in-line with Street estimates, though investor concerns over slowing sales and continued capital spending spurred a sell-off of shares... MAJOR MOVERS: Among the notable gainers was Life Technologies (LIFE), up $5.82, or 10.59%, to $60.79 as a number analysts said a takeover or leveraged buyout could be in the works for the company following a media report indicating talks are ongoing. Also higher was Movado (MOV), up $3.17, or 9.32%, to $37.17 after shares were upgraded to Buy from Neutral at Citigroup with price target of $40. Among noteworthy losers were shares of Capital One Financial (COF), down $4.60, or 7.47%, to $56.99 after Janney Capital downgraded shares to Neutral citing last night's disappointing Q4 results, and Amarin (AMRN), down 68c, or 7.42%, to $8.48 after an FDA Orange Book update did not indicate further exclusivity for its drug Vascepa... INDICES: The Dow was up 53.68, or 0.39%, to 13,649.70; the Nasdaq was down 1.29, or 0.04%, to 3,134.71; the S&P 500 5.04, or 0.34%, to 1,485.98.
News For AAPL;INTC;FB;GE;MS;LIFE;MOV;AMRN;COF From The Last 14 Days
Check below for free stories on AAPL;INTC;FB;GE;MS;LIFE;MOV;AMRN;COF 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 | 9 | 10 | 11 | all recent news | >>
April 9, 2014
10:39 EDTAAPLJudge says certain WiLAN patent claims are valid in litigation vs. Apple
Subscribe for More Information
10:39 EDTAAPLLogitech has risk of increasing competition from Apple, says UBS
UBS notes that Apple (AAPL) filed a patent with the USPTO for an electronic device/tablet cover that seems to include a keyboard. UBS believes Apple could introduce its own branded keyboard cover, and other branded peripherals, in order to grab market share from its highly loyal consumer base. The analyst believes competition for Neutral rated Logitech (LOGI) will accelerate, significantly impacting growth prospects.
10:39 EDTFBFacebook breaks out above recent downtrend, levels to watch
Subscribe for More Information
09:36 EDTFB, AAPLActive equity options trading on open
Subscribe for More Information
09:10 EDTGEWal-Mart to purcahse energy-efficient LED ceiling lighting fixtures from GE
Subscribe for More Information
08:59 EDTFBFacebook shares should be bought into Q1 results, says SunTrust
Subscribe for More Information
08:58 EDTFBFacebook ad-driven beat story should continue, says Susquehanna
Subscribe for More Information
08:24 EDTAAPLGoogle, Apple have considered acquiring Square, Re/code reports
Subscribe for More Information
07:54 EDTAAPLSamsung, Apple pushed to make high-end phones less costly, Reuters says
Subscribe for More Information
07:37 EDTFBFacebook partner says ad prices up 10% in Q1, Adweek says
Despite the recent outcry over diminished “organic reach,” Facebook ad prices have increased from Q4 to Q1, with the SVP of marketing at Facebook partner Nanigans saying pricing was "up 10% across the board” from quarter to quarter, reported Adweek. Reference Link
07:28 EDTAAPLAmazon looking to court game developers for Fire TV, NY Post reports
Subscribe for More Information
07:15 EDTFBJPMorgan sees opportunities in Internet stocks after pullback
JPMorgan believes the recent sell-off in Internet stocks has created opportunities in companies it feels has strong fundamentals, namely Facebook (FB), Priceline (PCLN), Netflix (NFLX) and Pandora (P).
07:00 EDTINTCBofA, Intel fire 3K workers, leaving Costa Rica shocked, Bloomberg says
Subscribe for More Information
06:54 EDTFBIndia Facebook's second top market with over 100M users, FT says
Facebook confirmed that more than 100M people in India now access its services each month, which is up from just 8M in the middle of 2010 and makes the nation the second top market for the social network, trailing only the U.S., reported Financial Times. Reference Link
06:35 EDTMSRegulators increase leverage ratio requirement for large banks, NY Times says
Subscribe for More Information
06:27 EDTMSBig banks must add capital to comply with new rules, WSJ reports
A of January 1, 2018, the U.S.'s eight largest banks -- including Citigroup (C), JPMorgan (JPM) and Goldman Sachs (GS) -- must add up to $68B in extra capital to comply with a new rule intended to help firms weather losses during periods of market stress, the Wall Street Journal. The banks will be required to maintain well above the minimum levels of capital held against assets on their books. Banks must report the new levels next year. Reference Link
06:20 EDTINTCIntel plans 1,500 job cuts in Cosa Rica, WSJ reports
Intel is planning to lay off about 1,500 employees in Costa Rica, the Wall Street Journal reports. The company will move longtime assembly and test operations in the country to three locations in Asia. The latest job cuts reduce Intel's workforce by about 1.4%. Reference Link
06:18 EDTAAPLApple seeks $2.2B in damages from Samsung in patent infringement, WSJ says
Subscribe for More Information
06:15 EDTAAPLFlexible PCB samples delivered for Apple iWatch validation, DigiTimes says
Flexible PCB suppliers have reportedly delivered FPCB samples for use in Apple's iWatch devices for validation, reports DigiTimes. According to industry sources, Apple is expected to unveil the iWatch wearable devices in September. Reference Link
06:03 EDTFBFacebook making slight changes to privacy settings, Re/code reports
Re/code reports that Facebook is slightly tweaking its privacy settings in a move to minimize "accidental sharing incidents." The company is also testing privacy surveys to see which features users are not comfortable with. Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use