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Stock Market & Financial Investment News

News Breaks
March 21, 2013
13:31 EDTAAPL, JBLHon Hai ramping multiple new iPhone models, says Jefferies
After Foxconn reported a second half of 2012 loss of $90M, Jefferies notes the company will be the major supplier of mechanical components, including the plastic casing, for Apple's (AAPL) upcoming low-cost iPhone, with mass production beginning in June. Jabil (JBL) will be the other plastic casing supplier, the firm notes. Jefferies adds that its channel checks indicate that Foxconn has not yet started iPhone assembly, and that Hon Hai is ramping multiple new iPhone models.
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June 19, 2013
18:55 EDTJBLOn The Fly: After Hours Movers
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16:15 EDTJBLJabil Circuit to restructure global operations resulting in $188M in charges
Jabil intentds to realign its global operations to more appropriately reflect current market conditions and customer needs. The company began consultation with employees during Q3. The company currently estimates that the realignment could result in approximately $188M of charges, including the $28M of charges incurred during the company’s Q3. It is currently estimated that $60M-$70M will be recorded in Jabil’s Q4 and the balance during its fiscal years 2014 and 2015. Jabil estimates that the majority of the $140M cash associated with these actions will be used in fiscal 2014.
16:07 EDTJBLJabil Circuit sees Q4 adjusted EPS 50c-58c, consensus 60c
Sees Q4 revenue $4.55B-$4.65B, consensus $4.59B.
16:05 EDTJBLJabil Circuit reports Q3 EPS 56c, consensus 54c
Reports Q3 revenue $4.5B, consensus $4.40B.
16:01 EDTAAPLOptions Update; June 19, 2013
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15:25 EDTJBLNotable companies reporting after market close
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15:14 EDTJBLJabil Circuit June 20 straddle priced for 6% move into Q3
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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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10:06 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 EDTAAPLActive 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 EDTAAPLInvenSense likely shut out of iPhone this year, says Maxim
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08:54 EDTAAPLApple awarded $30M contract from Los Angeles school district, LA Times reports
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08:08 EDTAAPLMerkel tells Obama: Internet monitoring must have proper limits, Reuters reports
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08:01 EDTJBLJabil Circuit June volatility elevated at 82 into Q3
Jabil Circuit June call option implied volatility is at 82, July is at 36, September is at 31, December is at 32; compared to its 26-week average of 32 according to Track Data, suggesting large near term price movement into the expected release of Q3 results today after the market close.
June 18, 2013
16:00 EDTAAPLOptions Update; June 18, 2013
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