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Stock Market & Financial Investment News

News Breaks
December 7, 2012
16:33 EDTAMRN, GRPN, UNXL, NFLX, NXY, GOOG, AAPLOn The Fly: Closing Wrap
Stocks on Wall Street were mixed on the day, as better than expected jobs numbers sent the averages higher at the open, however a continued selloff in shares of Apple (AAPL), which fell $13.99, or 2.56%, to close at $533.25, weighed on the Nasdaq for the third straight session. The averages saw light trading volume and moved in a narrow range for the second half of the session, with the S&P 500 and Dow maintaining modest gains and closing at their highs.. ECONOMIC EVENTS: In the U.S., the November non-farm payrolls report showed a seasonally adjusted 146,000 jobs were added last month, versus an expected 85,000. The unemployment rate fell to 7.7% from 7.9%, beating expectations for it to remain flat. The Reuters/U of Michigan consumer sentiment reading, expected to slip to 82 from the end-November reading of 82.7, fell more than forecast to 74.5 in the initial look for December. In Europe, Germany's central bank reduced its forecast for the country's GDP growth in 2013 to 0.4% from its earlier call for 1.6% growth. Also, in Greece, the nation's three biggest banks agreed to take part in the country's bond buyback program... COMPANY NEWS: Netflix (NFLX) and CEO Reed Hastings each received a "Wells Notice" from the SEC indicating its intent to recommend to the SEC that it institute a cease and desist proceeding and/or bring a civil injunctive action against Netflix and Hastings for violations of Regulation Fair Disclosure. Hastings responded on Facebook to defend the earlier post that got him scrutinized and contend that he and the company were not acting wrongly... Groupon (GRPN), saw shares run higher over the last two hours of the session, eventually settling up 88c, or 22.97%, to $4.68, and a Bloomberg report attributed the move to speculation that Google (GOOG) may consider buying the company... MAJOR MOVERS: Among the notable gainers were Uni-Pixel (UNXL), up $1.49, or 18.04%, to $9.75 after revealing it has entered a multi-million dollar license agreement with a "major PC maker." Among the noteworthy losers were Amarin (AMRN), down $2.26, or 18.91%, to $9.69 after disclosing plans to raise money and hire a sales force, and Nexen (NXY), down $1.65, or 6.56%, to $23.52 after late-day news broke that the Canadian Industry Ministry would make an announcement after the close... INDICES: The Dow was up 81.09, or 0.62%, to 13,155.13; the Nasdaq was down 11.23, or 0.38%, to 2,978.04; the S&P 500 was up 4.13, or 0.29%, to 1,418.07.
News For AAPL;NFLX;GRPN;GOOG;UNXL;AMRN;NXY From The Last 14 Days
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April 11, 2014
06:43 EDTGOOGGoogle enhancing Android security with apps checks, Re/code says
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06:29 EDTGOOGGoogle says 'Jelly Bean' affected by Heartbleed
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06:28 EDTAAPLApple: iOS, OSX not affected by Heartbleed flaw, Re/code reports
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06:05 EDTAAPLReport: Apple may offer high-res iTunes tracks in 2 months, Apple Insider says
Apple may plan to offer high-resolution 24-bit tracks on iTunes some time in the next few months, reports Apple Insider. Blogger Robert Hutton, citing an unnamed source, said Apple will charge an additional dollar for the high-resolution tracks. Reference Link
05:57 EDTGOOGCisco, Juniper say some products affected by Heartbleed bug, WSJ reports
Both Cisco (CSCO) and Juniper (JNPR) have disclosed that some of their products are affected by the Heartbleed bug, the Wall Street Journal reports. The companies say the security flaw affects routers, switches and firewalls used by businesses. Reference Link
April 10, 2014
16:00 EDTNFLX, AAPLOptions Update; April 10, 2014
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13:58 EDTGOOGGoogle to let any U.S. resident buy Google Glass, The Verge says
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12:52 EDTNFLXCarl Icahn says eBay separation 'not if but when'
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10:00 EDTAAPLOn The Fly: Analyst Initiation Summary
Apple (AAPL) initiated with a Buy at Deutsche Bank... Crocs (CROX) initiated with a Buy at Buckingham... Deckers Outdoor (DECK) initiated with a Buy at Buckingham... EMC (EMC) initiated with a Buy at Deutsche Bank... HP (HPQ) initiated with a Buy at Deutsche Bank... IBM (IBM) initiated with a Hold at Deutsche Bank... NeoPhotonics (NPTN) coverage resumed with a Market Perform at Raymond James... NetApp (NTAP) initiated with a Hold at Deutsche Bank... Nutrisystem (NTRI) initiated with a Buy at B. Riley... Questar (STR) initiated with an Underperform at BofA/Merrill... S&T Bancorp (STBA) initiated with an Outperform at Raymond James... STB Systems Inc (STBI) initiated with an Outperform at Raymond James... Skechers (SKX) initiated with an Underperform at Buckingham... Steven Madden (SHOO) initiated with a Buy at Buckingham... UGI Corporation (UGI) initiated with a Buy at BofA/Merrill... Web.com (WWWW) initiated with a Neutral at Buckingham... Ally Financial (ALLY) initiated with a Buy at BTIG... Visteon (VC) initiated with a Buy at Citigroup... Greatbatch (GB) initiated with a Buy at KeyBanc... Steris (STE) initiated with a Buy at KeyBanc... Cooper Companies (COO) initiated with a Hold at KeyBanc... Hill-Rom (HRC) initiated with a Hold at KeyBanc... Invacare (IVC) initiated with a Hold at KeyBanc... Teleflex (TFX) initiated with a Hold at KeyBanc... Provident Financial (PROV) initiated with a Market Perform at Keefe Bruyette... UMH Properties (UMH) initiated with a Hold at Wunderlich.
10:00 EDTNFLXOn The Fly: Analyst Upgrade Summary
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09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: SIRI RAD AAPL AMZN AA FB TSLA MRK CVX C
09:34 EDTGRPNGroupon adds in-store coupons to Freebies category
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08:44 EDTNFLXNetflix upgraded to Buy from Hold at Hudson Square
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08:22 EDTAAPLApple seen offering iWatches priced as high as 'thousands,' AppleInsider says
KGI analyst Ming-Chi Kuo, who has a proven track record of predicting about Apple hardware, predicts that one of the major differences between Apple's smartwatch and those from rivals will be that its casing and band will come in a variety of materials and that luxury iWatches will carry a price tag of "several thousand dollars," reported AppleInsider. Other features expected by Kuo for the device, including biometrics, a flexible AMOLED display with sapphire cover lens and NFC, the report added. Reference Link
07:39 EDTAAPLApple Chief Designer gains more say over software, Bloomberg says
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07:24 EDTAAPLApple may release 12" Retina MacBook Air, low price iMac in 2014, MacRumors says
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06:49 EDTGOOGMotorola Mobility names Osterloh COO
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06:48 EDTAAPLApple initiated with a Buy at Deutsche Bank
Deutsche Bank believes the iPhone and iPad offer good growth for Apple with upside coming from the potential for a larger screen sized phone. The firm initiated the stock with a Buy rating and $650 price target.
06:41 EDTAAPLApple confirms Christie departure, FT reports
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06:29 EDTGOOGAT&T in talks to bring ultrafast internet to North Carolina, WSJ reports
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