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Stock Market & Financial Investment News

News Breaks
April 3, 2014
09:30 EDTAAPL, PFE, F, DD, GE, IBM, MSFTApple, Pfizer others create 'go slow' patent lobby group, Reuters says
U.S. firms including Ford (F), Apple (AAPL), DuPont (DD), GE (GE), IBM (IBM), Microsoft (MSFT) and Pfizer (PFE) have created a lobbying group looking to push back at some changes to the patent system members of Congress have proposed, saying these measures would prevent protection of valuable inventions, reported Reuters. Reference Link
News For AAPL;PFE;F;DD;GE;IBM;MSFT From The Last 14 Days
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August 7, 2014
12:02 EDTIBMIBM selected by Shanghai Wind Information
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09:36 EDTAAPLActive equity options trading on open
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08:12 EDTPFEPfizer says EMA accpets application seeking new indication for Prevenar 13
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06:43 EDTAAPLApple poaches YSL's Catherine Monier, 9to5Mac reports
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06:33 EDTMSFTAnti-trust investigations in China reignite protectionism worries, Reuters says
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06:19 EDTAAPL, MSFTMicrosoft in talks to open Fifth Avenue store, Daily News reports
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06:12 EDTFFord reports Class A and C motorhome sales up 12% and 14% year-to-date
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August 6, 2014
16:01 EDTAAPLOptions Update; August 7, 2014
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14:44 EDTGEGeneral Electric breaks downtrend resistance, levels to watch
The shares have been trending down since hitting a recent peak of price in June. Today's move up, over 1.8% at time of writing to $25,57, has broken downtrend resistance. That puts the shares just a tick over the 10-day moving average which is a good proxy for a hand-drawn resistance line. A close back below the 10-day would leave the current bearish picture for the stock unchanged. Next resistance is at $25.94. Support below the 10-day is at $25.27. Bernstein earlier upgraded the shares to Outperform with at $33 price target.
12:10 EDTPFEPfizer settles multi-state complaint on improper promotion of Rapamune
Attorney General Eric T. Schneiderman announced that he, along with 40 other state Attorneys General and the District of Columbia, reached a $35M settlement with Pfizer arising from alleged improper marketing and promotion of the immunosuppressive drug Rapamune. New York’s share of the settlement is over $1.7M. Pfizer, as parent of Wyeth Pharmaceuticals, agrees to be bound by the judgment and to resolve allegations that Wyeth unlawfully promoted Rapamune. Attorney General Schneiderman’s office served on the Executive Committee of this multi-state investigation. Reference Link
10:00 EDTGEOn The Fly: Analyst Upgrade Summary
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09:36 EDTAAPLActive equity options trading on open
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08:44 EDTAAPLApple products excluded from Chinese government procurement list, Bloomberg says
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06:58 EDTGEGeneral Electric upgraded to Outperform from Market Perform at Bernstein
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06:38 EDTMSFTAccenture says complying with SAIC in Microsoft probe, Reuters says
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06:35 EDTMSFTSAIC enacts fresh raids on Accenture, Microsoft, Reuters says
China's State Administration for Industry and Commerce said on its website that it conducted fresh raids on Microsoft (MSFT) and Accenture (ACN) after the firm noted last week that Microsoft is being probed for anti-trust crimes, according to Reuters, citing an e-mail statement from a Beijing-based Microsoft spokeswoman. Reference Link
06:23 EDTPFEMitsubishi UFJ to hold a conference
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06:21 EDTPFEPiper Jaffray to hold a summit
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06:17 EDTMSFTAlibaba courting Nokia employees on website, WSJ reports
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06:09 EDTAAPLApple, Samsung to drop all litigation outside U.S., Re/code reports
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