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Stock Market & Financial Investment News

News For AAPL;NFLX;IBM;GOOG;CSX;HAL From The Last 14 Days
Check below for free stories on AAPL;NFLX;IBM;GOOG;CSX;HAL the last two weeks.
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April 22, 2014
07:25 EDTIBMNatural E Creative Group to hold a summit
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07:16 EDTAAPLiPhone sales could be hurt by fading phone subsidies, WSJ reports
Sales of Apple's (AAPL) iPhones may be further pressured as carriers make faster progress in transitioning customers away from subsidies, the Wall Street Journal reports. U.S. wireless carriers like T-Mobile US (TMUS) and AT&T (T) have been having more success than expected in moving customers to non-subsidy plans, a transition that could harm sales of expensive handsets such as the iPhone. Reference Link
07:10 EDTNFLXNetflix blames AT&T for below-average streaming speeds, Bloomberg says
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06:42 EDTAAPLSamsung thinks $2.19B too costly for Apple patents, Bloomberg says
Samsung (SSNLF) feels that Apple's (AAPL) patent-infringement lawsuit of $2.19B is 57 times greater than what the South Korean company should pay if a jury deems that it infringed smartphone technology, reported Bloomberg. Reference Link
06:37 EDTGOOGCompanies with cloud businesses worried about Aereo case, Re/code says
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05:59 EDTNFLXNetflix price target raised to $434 from $412 at Piper Jaffray
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05:45 EDTNFLXNetflix upgraded to Outperform from Market Perform at Raymond James
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05:30 EDTNFLXNetflix upgraded to Buy from Hold at Cantor
Cantor Fitzgerald upgraded its rating on Netflix (NFLX) shares to Buy from Hold citing the company's stronger than expected Q1 results and better Q2 guidance. Cantor views the stock as more compelling given Netflix's international expansion and $1-$2 price hike later this quarter. The firm raised its price target for shares to $425 from $405.
April 21, 2014
19:45 EDTNFLXComcast responds to Netflix opposition to Time Warner Cable deal
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19:02 EDTNFLXOn The Fly: After Hours Movers
NOTABLE: Allergan (AGN), up 20%, and Valeant Pharmaceuticals (VRX), up 9.1%, both advanced after The Wall Street Journal reported that activist investor Bill Ackman is teaming up with Valeant to make a bid for Allergan. Following the report, Ackman's Pershing Square filed a 13D with the SEC disclosing a 9.7% stake in Allergan and outlining an agreement with Valeant. The agreement, among other things, said that Valeant plans to make a bid for Allergan comprised of $15B of cash and a to-be-determined amount of Valeant stock. The filing also showed that Ackman began building a position in Allergan in late February, and at that time entered an agreement with Valeant forming a new, jointly-owned entity through which to acquire a position in Allergan. CNBC's David Faber reported that Valeant is expected to officially make a hostile bid for Allergan by tomorrow. UP AFTER EARNINGS: Netflix (NFLX) gained 6.3% after reporting profits that beat expectations on revenues that were in-line with expectations. The streaming internet video service also reported that U.S. subscribers grew by 2.25M in the first quarter, with its international subscriber base expanding by 1.75M for the period. DOWN AFTER EARNINGS: Rambus (RMBS) fell 7.5% after providing a second quarter revenue outlook that fell short of expectations, with the company adding that its revenue outlook, "includes expectations that the company will sign new customers for patent as well as solutions licensing." Rambus' first quarter results, however, came in better than expected, and the company also reaffirmed its fiscal 2014 revenue outlook.
17:31 EDTNFLXNetflix sees reaching 60M-90M U.S. subscribers
17:18 EDTNFLXNetflix says original content competing with 'top end of cable'
Comment made on company's Q1 earnings webcast.
16:24 EDTNFLXNetflix says opposes Comcast-Time Warner Cable deal
"If the Comcast (CMCSA) and Time Warner Cable (TWC) merger is approved, the combined company’s footprint will pass over 60% of U.S. broadband households, after the proposed divestiture, with most of those homes having Comcast as the only option for truly high-speed broadband. As DSL fades in favor of cable Internet, Comcast could control high-speed broadband to the majority of American homes. Comcast is already dominant enough to be able to capture unprecedented fees from transit providers and services such as Netflix (NFLX). The combined company would possess even more anti-competitive leverage to charge arbitrary interconnection tolls for access to their customers. For this reason Netflix opposes this merger," the company said.
16:10 EDTNFLXNetflix shares up 3% after Q1 results
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16:10 EDTNFLXNetflix says opposes Comcast-Time Warner Cable deal
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16:07 EDTNFLXNetflix sees adding $1-$2 per month for new subscribers
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16:06 EDTNFLXNetflix says House of Cards season 2 attracted 'huge' audience
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16:04 EDTNFLXNetflix sees adding 520,000 domestic subscribers in Q2
Sees adding 940,000 international subscribers in Q2. Sees total members 49.81M in Q2, reports 48.35M total members at Q1-end.
16:03 EDTNFLXNetflix Q1 net international subscriber additions 1.75M
16:03 EDTNFLXNetflix Q1 net domestic additions 2.25M
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