New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2014
09:35 EDTNFLX, PBR, GM, HPQ, AAPL, KNDI, SLW, ETFC, AMZNActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL PBR ETFC HPQ NFLX SLW GM AMZN KNDI
News For AAPL;PBR;ETFC;HPQ;NFLX;SLW;GM;AMZN;KNDI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | all recent news | >>
June 15, 2015
11:50 EDTAMZNStocks with call strike movement; TSLA AMZN
Subscribe for More Information
11:15 EDTGMGeneral Motors ignition switch death claims rise to 114, AP reports
Subscribe for More Information
10:34 EDTAAPLMicron declines after another analyst says sell
The shares of memory makers Micron (MU) and SanDisk (SNDK) are falling after Morgan Stanley downgraded both stocks in a note to investors earlier today. MICRON: Morgan Stanley analyst Joseph Moore downgraded Micron to Underweight, the firm's equivalent of a "sell" rating, from Equal Weight. Moore said that his checks in Taiwan indicate that the outlook for DRAM, a form of flash memory sold by Micron, is "cautious versus expectations" for the third quarter. Previously, the analyst had expected DRAM to experience a seasonal boost in Q3, but he now expects this lift to be delayed until at least Q4. Moreover, DRAM prices will probably stay weak through Q3 as customers' inventories of DRAM are excessive, while sales of PC DRAM will probably remain weak in Q3 and could stay low in Q4, the analyst stated. Moore is concerned that DRAM supply could exceed expectations in 2016, while demand for the product could decelerate next year. Micron could have difficulty improving its earnings in 2016 from current levels, warned the analyst, who set a $21 price target on the shares. WHAT'S NOTABLE: On June 9, after conducting checks in Taiwan, research firm Piper Jaffray predicted that PC DRAM prices would continue to decline. However, the firm kept an Overweight rating on Micron, citing its belief that the stock's valuation was "compelling." Much more pessimistic was research firm Drexel Hamilton, which on June 9 cut its rating on Micron to Sell from Hold, DRAM price declines are likely to continue, the firm predicted. SANDISK: On SanDisk, Moore believes that the company will have trouble recovering from declines in purchases of its products by Apple (AAPL). Various technological issues will prevent it from selling its products to other smartphone makers, the analyst stated. Meanwhile, SanDisk is unlikely to find alternative buyers for its SSD memory, since it is not widely used, added Moore. As a result, SandDsk will have to charge lower prices for its products, according to Moore, who downgraded SanDisk to Equal Weight from Overweight and lowered his price target on shares to $75 from $80. PRICE ACTION: In early trading, Micron fell 4.5% to $24 and SanDisk gave back 3.3% to $63.90.
10:29 EDTAAPLApple to pay more than 70% of Music revenue to rights owners, Re/code reports
Apple will pay music owners 71.5% of Apple Music's subscription revenue in the U.S. and 73% of the revenue to music owners outside the U.S, reports Re/code. In an interview, Apple's Robert Kondrik said the totals include payments to people who own the sound recordings Apple Music will pay as well as the people who own the publishing rights to the underlying compositions. Kondrik says Apple’s payouts are a few percentage points higher than the industry standard, in part to account for the lengthy trial period. Reference Link
10:26 EDTNFLXOptions with increasing implied volatility
Subscribe for More Information
10:06 EDTKNDIHigh option volume stocks
Subscribe for More Information
10:00 EDTPBROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alleghany (Y) upgraded to Buy from Neutral at Janney Capital... BHP Billiton (BHP) upgraded to Hold from Reduce at HSBC... CNOOC (CEO) upgraded to Hold from Underperform at Jefferies... Diageo (DEO) upgraded to Outperform from Underperform at RBC Capital... Jabil Circuit (JBL) upgraded to Buy from Hold at Needham... LRR Energy (LRE) upgraded to Buy from Hold at Wunderlich... Lowe's (LOW) upgraded on positive catalysts at Wedbush... ORBCOMM (ORBC) upgraded to Outperform from Market Perform at Northland... Petrobras (PBR) upgraded to Overweight from Neutral at JPMorgan... Vanguard Natural (VNR) upgraded to Buy from Hold at Wunderlich... Williams-Sonoma (WSM) upgraded on more positive leverage outlook at Wedbush.
09:50 EDTAAPLApple price weakness continues, levels to watch
Subscribe for More Information
09:38 EDTAAPL, NFLXActive equity options trading on open
Subscribe for More Information
08:48 EDTAMZNFacebook poised to benefit from Internet ad growth, says RBC Capital
RBC Capital says that it "sees something of" a positive turning point in Internet advertising, driven by demand for video and mobile ads. The firm thinks that Facebook (FB) may be the biggest beneficiary of this trend. RBC finds the stock's valuation "highly attractive" and identifies Facebook as its second favorite large cap Internet stock behind Amazon (AMZN). RBC keeps a $105 price target and Outperform rating on Facebook.
08:40 EDTHPQCommScope announces partnership with Hewlett-Packard
Subscribe for More Information
08:34 EDTAAPLGlobal Payments announces support for Apple Pay in the U.K.
Subscribe for More Information
08:19 EDTAAPLLG Display tapped as sole OLED supplier for second-gen Apple Watch, MK reports
Subscribe for More Information
07:46 EDTAAPLJabil Circuit upgraded to Buy on continued growth at Needham
Subscribe for More Information
07:38 EDTAMZNAmazon.com price target raised to $400 from $380 at Canaccord
Canaccord raised its price target on Amazon.com to $400 from $380 based on the constructive margin commentary from the company, solid growth and the breakout of AWS as a separate segment. Canaccord maintained its Hold rating on Amazon.com shares.
07:21 EDTGMEU’s Vestager: statement on GE, Alstom deal “very ordinary event,” Reuters says
Subscribe for More Information
07:09 EDTPBRPetrobras upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
06:45 EDTAAPLBeats axed plans for Sonos-like Wi-Fi speaker system, Variety reports
Subscribe for More Information
06:45 EDTGMGM to re-enter U.S. market for medium duty work trucks, WSJ reports
General Motors is set to return to the U.S. market for medium duty work trucks, the Wall Street Journal reports. The company will team up with Isuzu to procure work trucks that will be sold in the U.S. under the Chevrolet brand, the report says. GM will supply an engine for the Isuzu built Chevrolet medium duty trucks, the Wall Street Journal reports, citing “one person familiar with the production strategy.” Financial terms are not “immediately known,” the Wall Street Journal says. Reference Link
05:53 EDTNFLXStocks with implied volatility movement; MNKD NFLX
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use