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Stock Market & Financial Investment News

News Breaks
February 7, 2014
12:32 EDTG, CI, AAPL, ATHN, EXPE, BEBE, LNKDOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday despite a second straight monthly jobs report that fell significantly short of expectations. Stock futures rapidly fell after the jobs data was reported, but recovered and closed the pre-market session higher, leading to an up open for the broader market. The averages gained upside momentum near mid-morning and stand close to session highs near midday. ECONOMIC EVENTS: In the U.S., 113,000 non-farm jobs were added last month, versus the expected increase of 180,000 jobs. The unemployment rate fell to 6.6%, hitting its lowest level since October 2008. COMPANY NEWS: Shares of Apple (AAPL) climbed 2% after CEO Tim Cook revealed to the Wall Street Journal that the company has bought back $14 billion of its own shares since it reported its earnings on January 27. Cook said he wants to be "aggressive" and "opportunistic" with the company's buyback program, noting that Apple had bought back a record total of more than $40 billion of its own shares over the past year... Shares of professional networking company LinkedIn (LNKD) fell 7% after the company reported better than expected fourth quarter results, but issued a disappointing revenue forecast for the first quarter and fiscal 2014. MAJOR MOVERS: Among the notable gainers following their earnings reports were healthcare services company athenahealth (ATHN), which rose 25%, and women's apparel retailer bebe stores (BEBE), which advanced 18%. Also rising were shares of Expedia (EXPE) and its fellow online travel agencies after Expedia reported stronger than expected fourth quarter results. Among the noteworthy losers was IT services provider Genpact (G), which fell 19% after the company said it expects the revenue headwinds it faced in 2013 to continue and its stock was downgraded at Wells Fargo and JPMorgan. Also lower were shares of health insurer Cigna (CI), which tumbled 8.5% after issuing a disappointing profit forecast for fiscal 2014 and being downgraded by research firm Susquehanna. INDEXES: Near midday, the Dow was up 92.89, or 0.59%, to 15,721.42, the Nasdaq was up 50.10, or 1.23%, to 4,107.23, and the S&P 500 was up 14.57, or 0.82%, to 1,788.00.
News For AAPL;LNKD;EXPE;CI;BEBE;ATHN;G From The Last 14 Days
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May 14, 2015
17:36 EDTAAPLApple responds to rumored HomeKit delay, says first device next month, WSJ says
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17:17 EDTAAPLApple submits patent application to expand 'home button' features
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16:00 EDTAAPLOptions Update; May 14, 2015
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14:04 EDTAAPLApple delays launch of HomeKit to early fall, Fortune reports
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09:34 EDTAAPLActive equity options trading on open
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07:34 EDTAAPLApple search volume continues to surge in China, says UBS
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06:29 EDTAAPLApple Music to have deep social integration for artists, 9to5Mac reports
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06:20 EDTLNKDStocks with implied volatility below IV index mean; LNKD NFLX
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06:17 EDTAAPLApple plans expansion of key Irish plant, Irish Independent reports
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06:16 EDTAAPLApple and A123 prepare to settle employee-poaching lawsuit, WSJ reports
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May 13, 2015
16:06 EDTAAPLOptions Update; May 13, 2015
iPath S&P 500 VIX Short-Term Futures down 38c to 20.67. Option volume leaders: AAPL CSCO NTI FB CSX BABA EIX BAC DD WMB TSLA JCP QCOM DAL
13:15 EDTAAPLInquirer discusses recent Apple for BlackBerry takeover rumors
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10:18 EDTCIAnalyst says sell Humana amid 'wishful' takeover speculation
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09:39 EDTAAPLActive equity options trading on open
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07:52 EDTAAPLApple Watch margins will grow to over 50%, says UBS
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07:03 EDTAAPLNext iPhone to feature 12 MP camera, be offered in rose gold, AppleInsider says
For its next iPhone 6 model, Apple will offer a new rose gold option, according to KGI Securities analyst Ming-Chi Kuo, who did not make clear whether the luxury model would be made of actual gold or if it will simply resemble the color of the high-end Apple Watch Edition, reported AppleInsider. Kuo also said Apple will upgrade the camera to 12 megapixels and suggested that some "Plus" models may use scratch-resistant sapphire covers, though that is dependent on success in testing, the report added. Reference Link
06:55 EDTAAPLInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
06:12 EDTCIHumana downgraded to Underperform from Neutral at Sterne Agee CRT
Sterne Agee CRT analyst Brian Wright downgraded Humana (HUM) to Underperform saying speculation about a takeover is "wishful thinking" at current share levels. The stock rallied 4% yesterday after Leerink told investors that Aetna (AET) may acquire Humana or Cigna (CI) in the near-term. Wright also sees "material" risk to Humana's earnings guidance risk with paid claims outpacing premium growth. He lowered his price target for shares to $150 from $165. Humana shares closed yesterday up $6.76 to $173.38.
06:08 EDTLNKDStocks with implied volatility below IV index mean; LNKD NFLX
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05:55 EDTAAPLTSMC awarded orders for SSD controller chips for Apple, DigiTimes reports
TSMC (TSM) has landed SSD controller chip orders from Apple, reports DigiTimes. According to industry sources, TSMC will utilize a 28nm process to fabricate controller cihps for Apple. Reference Link
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