New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 7, 2013
12:28 EDTVSAT, M, GMCR, DV, JWN, AAPL, TQNT, TRLG, KSS, AKAMOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday following a report that revealed a larger than expected decrease in nonfarm productivity during the fourth quarter. With its triple-digit move lower, the Dow is now well away from the 14K level again and the S&P is hovering just above 1,500... ECONOMIC EVENTS: In the U.S., jobless claims fell 5K from the prior week to 366K, versus expectations for 360K claims. Nonfarm productivity fell 2.0% in Q4, versus an expected decrease of 1.4%. In Europe, the European Central Bank and the Bank of England both left their benchmark interest rates unchanged... COMPANY NEWS: Noted investor David Einhorn and his fund, Greenlight Capital, said a legal action has been initiated against Apple (AAPL) over the company's refusal to unbundle three distinct corporate governance proposals, alleging that the bundling breaks SEC rules. Einhorn also said Apple rejected his idea for the creation of a "perpetual preferred stock," which he contends could unlock $32 per share for every $50B of preferred shares Apple issued... A number of retailers reported double-digit increases in same-store sales in January, including Macy's (M), Kohl's (KSS) and Nordstrom (JWN). However, among those, only Macy's saw its shares trade higher, as the company also raised its Q4 EPS view by 3c at both ends of its prior range... MAJOR MOVERS: Among the notable gainers after earnings reports that spurred analyst upgrades were ViaSat (VSAT), up 22%, True Religion (TRLG), up 21%, and DeVry (DV), up 20%. Noteworthy losers that reported disappointing quarterly results and were downgraded on Wall Street included Akamai (AKAM), down 15%, and TriQuint (TQNT), down over 11%. Also lower after its earnings report was Green Mountain (GMCR), which slid 6% in spite of beating Q1 earnings expectations and raising its full year guidance... INDICES: Near noon, the Dow was down 113.98, or 0.81%, to 13,872.54; the Nasdaq was down 22.06, or 0.70%, to 3,146.42; and the S&P 500 was down 10.34, or 0.68%, to 1,501.78.
News For AAPL;M;KSS;JWN;VSAT;TRLG;DV;AKAM;TQNT;GMCR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
March 17, 2015
09:39 EDTAAPLApple will ship 59M iPhones in CQ1, above consensus, says ITG Research
Subscribe for More Information
09:34 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:27 EDTAAPLApple plans to allow trade-ins of Android, BlackBerry devices, Bloomberg says
Subscribe for More Information
09:15 EDTAAPLApple streaming service may pave way for bigger ambitions, says Cantor
Subscribe for More Information
09:07 EDTAAPLDISH's Sling TV launches on Xbox One
Subscribe for More Information
09:05 EDTAAPLMicrosoft Band now available at Best Buy, Target, Amazon, Re/code reports
Subscribe for More Information
07:42 EDTAAPLBoeing may produce satellite for tech giants, Reuters says
Subscribe for More Information
07:28 EDTAAPLApple TV may provide boost for advertising unit, Business Insider says
Subscribe for More Information
06:50 EDTAAPLBanks unhappy with high Apple Pay fraud rates, NY Times says
Subscribe for More Information
06:37 EDTAAPLAfter losing marketshare, Google now asks Firefox users to switch, BI says
Subscribe for More Information
05:57 EDTAAPLChina vendors to ship 50M Androids with fingerprint sensors, DigiTimes reports
China vendors is expected to ship 50M Android (GOOG) smartphones with fingerprint sensors in 2015, reports DigiTimes. According to sources at Taiwan-based IC backend service companies, Android smartphone vendors have adopted sliding-type fingerprint sensors, which are more competitive in pricing compared to press-type sensors used by Apple (AAPL). Reference Link
05:46 EDTAAPLApple set to launch online TV service this year, Financial Times reports
Subscribe for More Information
March 16, 2015
16:00 EDTAAPLOptions Update; March 16, 2015
Subscribe for More Information
15:24 EDTAAPLCablevision to provide HBO NOW via Optimum Online
Cablevision (CVC) and Time Warner's (TWX) Home Box Office announced that they have reached an agreement to offer standalone streaming service HBO NOW to Optimum Online customers via the internet. Optimum is the first cable provider to partner with HBO to offer the new service, which is expected to launch in April in time for the fifth season of Game of Thrones, the companies said. Cablevision plans to provide pricing and other particulars for HBO NOW in the coming weeks. Terms of the agreement were not disclosed. Apple (AAPL) and Time Warner announced on March 9 that HBO NOW will premier on Apple devices in April.
14:13 EDTAAPLApple to offer Android users rebates to switch to iPhones, 9to5Mac says
Subscribe for More Information
10:44 EDTAAPLNetflix retreats after cut to sell on competition, cost concerns
The shares of Netflix (NFLX) are falling after research firm Evercore ISI downgraded the stock to Sell from Hold. Increased competition will force the company to increase its investments and the return from those investments is uncertain, the firm contends. WHAT'S NEW: In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors, Evercore ISI analyst Ken Sena wrote in a note to investors earlier today. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. The analyst noted that Apple (AAPL) recently obtained a three month exclusive deal to stream content form Time Warner's (TWX) HBO Now, while Yahoo (YHOO), Amazon (AMZN), and Hulu (DIS, CMCSA, NWSA) are all reportedly interested in obtaining streaming rights to "Seinfeld." Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes. Furthermore, Netflix will face more competition from other Internet TV services overseas than in the U.S., according to Sena, who cut his 2015 consolidated operating income estimate for the company by 26% to $381M from $517M previously. In addition to cutting his rating, Sena lowered his price target on the shares to $380 from $450. PRICE ACTION: In early trading, Netflix sank $16, or 3.7%, to $422.
09:37 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:11 EDTVSATViaSat and Boeing announce collaboration to offer broadband system
Subscribe for More Information
08:40 EDTAKAMAkamai Q1 results likely to beat expectations, says Pacific Crest
Pacific Crest believes that Akamai's traffic growth is accelerating slightly in Q1. As a result, the firm thinks the company's Q1 results should come in near the high end of its guidance and above consensus levels. However, the firm keeps a Sector Perform rating on the shares.
March 15, 2015
18:20 EDTAAPLApple's $17,000 watch looks over-priced, Barron's says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 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