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Stock Market & Financial Investment News

News For AAPL;NFLX;IBM;GOOG;CSX;HAL From The Last 14 Days
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June 24, 2015
14:13 EDTAAPLApple blocks use of app data to target ads, The Information reports
Apple (AAPL) is "quietly moving" to block companies from accessing data from other, unrelated apps, a practice which was used to target ads, says The Information. The report notes that Facebook (FB) and Twitter (TWTR) often analyze information from other apps on a user's phone in order to better target ads. Reference Link
13:00 EDTNFLXMark Cuban still owns Netflix, has no attention to sell, CNBC reports
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12:45 EDTAAPLIcahn says have not sold one share of Apple
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12:37 EDTNFLX, AAPLApple where Netflix was a couple of years ago, Icahn says
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12:36 EDTAAPL, NFLXIcahn says Apple shares still have 'hundreds of points' left
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12:36 EDTNFLXIcahn says Netflix still 'great company,' market overheated
Carl Icahn is speaking on CNBC.
12:30 EDTIBM, NFLX, AAPLOn The Fly: Top stock stories at midday
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12:27 EDTGOOGHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
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12:16 EDTNFLXNetflix gives back most of its gains, levels to watch
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11:58 EDTNFLXNetflix downgraded to Sell from Buy at Societe Generale
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10:48 EDTNFLXNetflix July volatility increases to 56, Icahn says sold last of Netflix stake
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10:44 EDTAAPL, NFLXCarl Icahn sells last of Netflix stake, positive on Apple
Carl Icahn said via Twitter, "Sold last of our $NFLX today. Believe $AAPL currently represents same opportunity we stated NFLX offered several years ago."
10:43 EDTNFLXCarl Icahn says sold last of Netflix stake today
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09:48 EDTAAPLApple reaches royalty deal with Beggars Group
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09:37 EDTAAPLReport: Apple may adopt flexible OLED displays in 2018, DigiTimes says
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09:35 EDTAAPL, NFLXActive equity options trading on open
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09:30 EDTGOOG, AAPLGoogle competing with itself after unveiling free music service, Bloomberg says
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09:18 EDTAAPLApple June quarter iPhone demand strong, says Morgan Stanley
Morgan Stanley's AlphaWise survey indicates 53M iPhone unit demand for the June quarter, unchanged from last month's reading. The firm adds that Apple Watch demand has sustained healthy levls after the initial spike and investor expectations for iPhone and Watch growth are low. Morgan Stanley rates Apple an Overweight with a $166 price target.
09:10 EDTIBM, NFLXOn The Fly: Pre-market Movers
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08:25 EDTNFLXNetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
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