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Stock Market & Financial Investment News

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January 24, 2013
09:01 EDTCRUS, ESI, NOK, SWKS, LOGI, NVAX, TZOO, AAPL, XRX, SWFT, MLNX, FFIV, NFLXOn The Fly: Pre-market Movers
UP AFTER EARNINGS/GUIDANCE: Netflix (NFLX), up 40%... Swift Transportation (SWFT), up 13.5%... Travelzoo (TZOO), up 7.6%... F5 Networks (FFIV), up 4%... Xerox (XRX), up 3.6%... ALSO HIGHER: Novavax (NVAX), up 7.8% after BARDA decides to continue contracts for both seasonal and pandemic flu programs... DOWN AFTER EARNINGS/GUIDANCE: Apple (AAPL), down 9.9%... Mellanox (MLNX), down 19.6%... ITT Educational (ESI), down 9.2%... Logitech (LOGI), down 8.4%... Nokia (NOK), down 5.8%... ALSO LOWER: Several Apple component suppliers lower after Apple's report, including Cirrus Logic (CRUS), down 6.1% and Skyworks (SWKS), down 5%.
News For AAPL;NFLX;SWFT;TZOO;FFIV;XRX;NVAX;MLNX;ESI;LOGI;NOK;CRUS;SWKS From The Last 14 Days
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June 18, 2013
16:00 EDTAAPLOptions Update; June 18, 2013
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15:01 EDTNOKNokia rallies sharply, falls back after negative comments from MKM Partners
The stock hit a high today of $4.12 on very heavy volume, approaching over 3 times the daily average. The catalyst for this move higher was an item in the FT that suggested Huawei could be a suitor for the company. MKM Partners came out calling the move up a selling opportunity, suggesting that the EU would likely block any such attempt. Huawei has since come out to say it has no plans to acquire the company, according to Bloomberg. Whether the stock will remain higher on the presumption someone may step forward as a suitor remains to be seen. Support is at the low of the day at $3.67. Resistance is at $4. On a technical basis the shares have been putting in a bullish rounding bottom over the last several months. Purely on a technical basis the stock looks to have upside to $4.62.
14:55 EDTNOKHuawei says has 'no plans to acquire' Nokia, Bloomberg reports
Bloomberg cites e-mailed statement from Huawei.
14:07 EDTNOKNokia strength is a selling opportunity, says MKM Partners
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12:54 EDTNOKNokia June and July 4 calls active on Huawei may consider buying
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12:51 EDTNOKBlackBerry up 4% after FT reports Huawei considering Nokia buy
12:43 EDTNOKNokia up as much as 7% following FT report Huawei could buy company
12:41 EDTNOKHuawei may consider buying Nokia, FT says
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12:38 EDTNOKHuawei would consider takeover of Nokia, Financial Times reports
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11:48 EDTNFLXStocks with call strike movement; NFLX BTU
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10:49 EDTNOKSiemens seeks private equity offers for Nokia Siemens Networks, Reuters says
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10:41 EDTAAPLLeak points to mass production of iPhone 5S display, BGR says
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09:38 EDTNFLX, AAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG PFE TSLA MGM
06:17 EDTAAPLTaiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link
June 17, 2013
16:20 EDTNFLXOn The Fly: Closing Wrap
Stocks on Wall Street were higher following a session dominated by speculation over what is next for the Federal Reserve. The averages trimmed their gains after an article by the Financial Times suggested the Fed would signal a tapering of its pace of asset purchases at its Wednesday press conference. The upward trend resumed after the article's author said the report was based on opinion and that, "The Fed does not leak anything to any journalist to steer markets - especially during blackout." ECONOMIC EVENTS: In the U.S., the New York Fed Empire State Survey for June came in at 7.40, versus expectations for a 0 reading. The NAHB housing market confidence index for June rose to 52, versus the forecast for a more modest climb to 45 from its prior 44 reading. In Europe, Germany's Bundesbank said economic indicators for April pointed to robust growth in the second quarter and business sentiment improved in May, though warned of signs that growth in Europe's largest economy would slow over the summer. COMPANY NEWS: Netflix (NFLX) and DreamWorks (DWA) both climbed after announcing a major content deal. Under the agreement, DreamWorks will provide over 300 hours of content to Netflix, which the TV and movie service expects to start broadcasting next year. After the announcement, Netflix rose $15.24, or 7.12%, to $229.23, while DreamWorks added 93c, or 4.08%, to $23.74. MAJOR MOVERS: Among the notable gainers was Kandi Technologies (KNDI), up $1.53, or 24.4%, to $7.80 after saying it will deploy 5K-10K pure electric vehicles in China within the first year of launch. Also higher were shares of ViroPharma (VPHM), up $1.71, or 6.3%, to $28.87 after Reuters said the company has attracted takeover interest, though the company is not pursuing a sale. Among the noteworthy losers was Terex (TEX), down $2.45, or 7.72%, to $29.29 after the company lowered it fiscal year earnings view. Also lower was Medivation (MDVN), down $3.45, or 6.78%, to $47.41 after Johnson & Johnson (JNJ) acquired the company's competitor, privately held Aragon Pharmaceuticals. INDICES: The Dow was up 109.67, or 0.73%, to 15,179.85; the Nasdaq was up 28.57, or 0.83%, to 3,452.13; and the S&P 500 was up 12.31, or 0.76%, to 1,639.04.
16:00 EDTAAPL, NFLXOptions Update; June 17, 2013
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12:29 EDTNFLXOn The Fly: Midday Wrap
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12:15 EDTNFLXStocks with call strike movement; APOL NFLX
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11:31 EDTAAPLHuawei to unveil new phone to compete with Galaxy, iPhone, WSJ says
Huawei Technologies will launch it's flagship smartphone, the Ascent P6, in the company's first stand-alone global product launch, creating even more competition in the crowded premium smartphone space dominated by Samsung (SSNLF) and Apple (AAPL), reported The Wall Street Journal. Reference Link
11:18 EDTAAPLSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
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