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Stock Market & Financial Investment News

News Breaks
January 25, 2013
16:30 EDTNUS, MSFT, AAPL, NFLX, HLF, T, EGHT, OSK, XOM, PG, SCSSOn The Fly: Closing Wrap
Stocks on Wall Street were higher with the Nasdaq leading the major averages, despite another down day from its biggest component Apple (AAPL). The S&P 500 spent most of the session near the important psychological level of 1500, eventually finishing just above that level, within reach of its all-time highs... ECONOMIC EVENTS: In the U.S., data showed new home sales fell 7.3% to a 369K rate in December, versus expectations for an increase of 2.1%. However, November sales were revised substantially higher. In Europe, the ECB announced that 278 banks will repay over EUR137B of LTRO funds at the end of this month, which was more than expected. Also, German business confidence increased more than economists forecast, as indicated by the Ifo institutes' business climate index climbing to 104.2 from 102.4 in December... COMPANY NEWS: Three Dow components reported earnings last night or this morning and all three advanced after their reports. Procter & Gamble (PG) led the Dow, up $2.83, or 4.02%, to $73.25 after its earnings and guidance beat expectations. Microsoft (MSFT) gained 25c, or 0.9%, to $27.88 and AT&T (T) gained 27c, or 0.8%, to $34.02... Apple shares fell $10.65, or 2.36%, to $439.85, bringing the company's market cap to $413.04B, making ExxonMobil (XOM) the world's most valuable company and taking Apple shares to their 52-week low... On CNBC's Fast Money Halftime, Bill Ackman discussed his short position in Herbalife (HLF) again, and responded to attacks by activist investor Carl Icahn. During his interview, Ackman mentioned that he has heard Dan Loeb, who notably took a long position in Herbalife, is short shares of Nu Skin (NUS). Icahn later joined the broadcast and the two hedge fund managers aired their personal grievances in a bizarre half hour of television... MAJOR MOVERS: Among the notable gainers were Oshkosh (OSK), up $6.50, or 18.8%, to $41.08 after beating quarterly earnings expectations and raising its FY13 profit view, and Netflix (NFLX), which gained $22.70, or 15.46%, to $169.56 following a 42% gain during yesterday's session. Among the noteworthy losers following earnings reports were Select Comfort (SCSS), down $5.04, or 17.87%, to $23.16 and 8x8 (EGHT), down 86c, or 10.83%, to $7.08... INDICES: The Dow was up 70.65, or 0.51%, to 13,895.98; the Nasdaq was up 19.33, or 0.62%, to 3,149.71; the S&P 500 was up 8.14, or 0.54%, 1,502.96.
News For AAPL;PG;T;MSFT;XOM;HLF;NUS;OSK;NFLX;SCSS;EGHT From The Last 14 Days
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June 19, 2013
16:56 EDTMSFTMicrosoft says internet connection not needed for Xbox One games
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16:22 EDTMSFTNokia up as much as 4.4% after WSJ report company held talks with Microsoft
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16:11 EDTMSFTMicrosoft, Nokia recently held talks on devices unit, WSJ reports
Microsoft (MSFT) and Nokia (NOK) recently held talks, though the talks have since faltered, regarding a deal for Microsoft to acquire Nokia's devices business, reports The Wall Street Journal, citing people familiar with the matter. The report cites a source that says the talks aren't likely to be revived. Reference Link
16:05 EDTMSFTNokia up 2.8% after Dow Jones says company held talks with Microsoft on devices
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16:04 EDTMSFTMicrosoft, Nokia talks on devices recently broke down, DJ reports
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16:02 EDTMSFTMicrosoft, Nokia talks recently in advanced talks on devices business, DJ says
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16:01 EDTAAPLOptions Update; June 19, 2013
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13:21 EDTMSFTFirefox maker to eliminate most Internet tracking, Washington Post says
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13:12 EDTAAPLApple confirms $30M iPad order from Los Angeles school district
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12:13 EDTAAPLApple launching new ad strategy, Business Insider says
Apple is launching new ads that feature people using its products, according to Business Insider. The company's previous ads had mostly shown a finger swiping through the product's features as an actor proclaimed that the products were "magical," the website added. Reference Link
11:57 EDTMSFTSony video shows PlayStation 4 details, The Next Web says
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11:44 EDTAAPLApple patent chief leaves for Technicolor, AppleInsider reports
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11:22 EDTAAPLNVIDIA's licensing initiative a way to get into Apple, says Raymond James
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11:01 EDTPGProcter & Gamble announces fragrance license agreement with Alexander McQueen
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10:06 EDTAAPLLinkedIn could get deep integration in Apple iOS update, 9to5Mac says
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10:05 EDTAAPLApple says HBO GO, WatchESPN available on Apple TV
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09:53 EDTAAPLApple breaks below round number support at $430
The stock has slipped below $430, last at $429.37. At that price, next support is at $426.21, and then at $423.20. Resistance is at $431.44.
09:38 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL AMAT FDX MA C GOOG DISH AMRN MRK BIDU
08:58 EDTAAPLInvenSense likely shut out of iPhone this year, says Maxim
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08:54 EDTAAPLApple awarded $30M contract from Los Angeles school district, LA Times reports
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