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Stock Market & Financial Investment News

News Breaks
January 24, 2013
16:38 EDTAAPL, NFLX, BMY, NOK, TZOO, SWFT, UA, CRUSOn The Fly: Closing Wrap
Stocks on Wall Street were mixed as the Dow gained on the session, but Apple's (AAPL) steep post-earnings decline weighed on the Nasdaq. Among notable companies reporting earnings after tonight's close are Dow members Microsoft (MSFT) and AT&T (T)... ECONOMIC EVENTS: In the U.S., weekly jobless claims fell 5K to a seasonally adjusted 330K, which was below expectations for 360K. Markit's Flash U.S. Purchasing Managersí Index jumped to 56.1 in January from the 54.0 final print for December. The leading indicators increased 0.5% to 93.9 in December, versus an expected increase of 0.4%. In Europe, the composite euro zone Purchasing Managersí Index rose to 48.2 in January from 47.2 in December, beating expectations. In China, HSBC's flash PMI rose to 51.9 in January, slightly beating expectations for a 51.7 reading... COMPANY NEWS: The world's most valuable company, Apple, disappointed investors with its quarterly report and shares were punished through the session, closing down $63.51, or 12.35%, to $450.50. Despite earnings that beat consensus, Apple's revenue and iPhone sales fell short of expectations and the company said on its conference call that it is changing its approach to guidance, admitting it had been intentionally conservative in the past... Netflix (NFLX) shares were up $43.60, or 42.22%, to $146.86 after the company reported a profitable quarter when a loss was expected... Among large cap companies reporting results Bristol-Myers (BMY) gained 91c, or 2.61%, to $35.81 while Nokia (NOK) lost 38c, or 8.19%, to $4.26... MAJOR MOVERS: Among the notable gainers were Travelzoo (TZOO), up $4.67, or 24.31%, to $23.88, and Swift Transportation (SWFT), up $2.91, or 28.45%, to $13.14 after both companies beat earnings expectations. Among noteworthy losers was Under Armour (UA), down $1.83, or 3.84%, to $45.86 after the company's footwear VP announced his resignation. Also lower were shares of Cirrus Logic (CRUS), down $3.24, or 10.82%, to $26.71 the day after Apple's earnings report and ahead of Cirrus' own report, which came after today's closing bell... INDICES: The Dow was up 46.00, or 0.33%, to 13,825.33; the Nasdaq was down 23.29, or 0.74%, to 3,130.38; and the S&P 500 was virtually unchanged, rising 0.01 to 1,494.82.
News For AAPL;NFLX;BMY;NOK;TZOO;SWFT;UA;CRUS From The Last 14 Days
Check below for free stories on AAPL;NFLX;BMY;NOK;TZOO;SWFT;UA;CRUS the last two weeks.
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August 18, 2014
07:57 EDTBMYCambridge Healthtech Institute to hold a summit
6th Annual Bioprocessing Summit to be held in Boston on August 18-22.
06:42 EDTAAPLApple may call 5.5-inch iPhone '6L,' 9to5Mac reports
Apple may call its rumored 5.5-inch iPhone model the "6L," 9to5Mac reports, citing Asia-based rumor site Apple Daily. In this scenario, the 4.7-inch iPhone would be called the iPhone 6. Reference Link
05:23 EDTAAPLInvenSense downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded InvenSense (INVN) to Neutral citing valuation with shares near its $25 price target. Goldman also believes the near-term catalyst of share gains at Apple (AAPL) has passed. InvenSense closed Friday down 1c to $24.99.
August 17, 2014
18:38 EDTAAPLToo early to sell Apple, Barron's says
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August 15, 2014
16:00 EDTNFLX, AAPLOptions Update; August 15, 2014
iPath S&P 500 VIX Short-Term Futures up 1c to 28.88. Option volume leaders: AAPL GILD NFLX PBR TWTR TSLA MNKD AMZN C according to Track Data.
10:09 EDTAAPLSony expected to debut Smartwatch 3 next month, GigaOM reports
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09:35 EDTNFLX, AAPLActive equity options trading on open
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08:29 EDTAAPLChina Telecom now hosting Apple iCloud data in China, Marbridge Daily says
Apple (AAPL), which had previously been storing iCloud data for its Chinese users on servers in the U.S., in reportedly using China Telecom (CHA) as its sole cloud storage services provider in China, according to online Chinese media reports, said Marbridge Daily, citing Sina Tech. Apple and China Telecom have not commented, the report noted. Reference Link
August 14, 2014
19:41 EDTAAPLApple considering sapphire glass in upcoming iPhone, smartwatch, WSJ reports
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18:04 EDTNOKInterDigital loses patent case against Nokia, ZTE, Bloomberg reports
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17:32 EDTNFLXIcahn Associates gives quarterly update on stakes
NEW STAKES: Gannett (GCI). INCREASED STAKES: Navistar (NAV), eBay (EBAY), and Icahn Enterprises (IEP). DECREASED STAKES: Netflix (NFLX). LIQUIDATED STAKES: Forest Laboratories (FRX).
17:08 EDTAAPLSoros Fund Management gives quarterly update on stakes
NEW STAKES: CONSOL Energy (CNX), Google (GOOG), Level 3 (LVLT), Time Warner (TWC), and New Oriental (EDU). INCREASED STAKES: YPF SA (YPF), Apple (AAPL), Facebook (FB), AIG (AIG), and American Airlines (AAL). DECREASED STAKES: Teva (TEVA), Liberty Global (LBTYK), Barrick Gold (ABX), EQT (EQT), and Comcast (CMCSA). LIQUIDATED STAKES: FedEx (FDX), Monster Beverage (MNST), Google (GOOGL), Devon Energy (DVN), Marathon Petroleum (MPC).
17:00 EDTNOK, AAPLGreenlight Capital gives quarterly update on stakes
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16:01 EDTNFLX, AAPLOptions Update; August 14, 2014
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14:13 EDTAAPLOmega Advisors gives quarterly update on stakes
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13:56 EDTNOKVodafone selects Nokia Networks to launch LTE network in New Zealand
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11:38 EDTNFLXNetflix announces upcoming stand-up comedy slate
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09:36 EDTAAPLActive equity options trading on open
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07:55 EDTAAPLApple bans two chemicals from iPhone, iPad final stages, AP says
Apple said its investigation at 22 factories found no evidence that two potentially hazardous chemicals, benzene and n-hexane, endangered the plants' workers, but the company is banning the use of those chemicals in the final assembly of iPhones and iPads, reported Associated Press, citing statements from the company. Apple is still allowing use of the two chemicals during the early production phases, but is lowering the maximum amount of benzene and n-hexane that can be present in the materials used during those phases. Reference Link
06:19 EDTAAPLLenovo sees opportunities outside of China for smartphone business, WSJ reports
Lenovo CEO Yang Yuanqing tells the Wall Street Journal that although that China is still the most important market for its smartphone business, the company sees additional opportunities outside China. Reference Link
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