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Stock Market & Financial Investment News

News For T;OSK;NFLX;AAPL;PG;MSFT;SCSS;EGHT;XOM From The Last 14 Days
Check below for free stories on T;OSK;NFLX;AAPL;PG;MSFT;SCSS;EGHT;XOM the last two weeks.
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June 19, 2013
07:13 EDTTTelecom industry looks to grow through acquisition, Bloomberg reports
Global telecommunications companies are chasing after deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006, reports Bloomberg. Over $80B in telecommunications and cable transactions have already been announced or completed this year Reference Link
05:23 EDTNFLXNetflix to launch in the Netherlands in late 2013
Netflix announced it will expand into the Netherlands later this year. Upon launch, broadband Internet users in the Netherlands can subscribe to Netflix and instantly watch Hollywood, local and global TV series and films.
June 18, 2013
16:12 EDTMSFTMicrosoft adds Qualcomm as Surface RT supplier, Bloomberg says
Microsoft (MSFT) will use Qualcomm (QCOM) chips in its updated Surface RT tablet, reports Bloomberg, citing people with knowledge of the company's plans. The report also cites a source that says Nvidia's (NVDA) Tegra chip will continue to be used for some versions of the Surface. Reference Link
16:00 EDTAAPLOptions Update; June 18, 2013
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15:49 EDTMSFTNVIDIA said to remain supplier for some Surface RT versions, Bloomberg says
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15:47 EDTMSFTMicrosoft said to have added Qualcomm as supplier for Surface RT, Bloomberg says
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13:51 EDTTBlackBerry's Q10 to be available at AT&T June 21, Cnet says
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11:48 EDTNFLXStocks with call strike movement; NFLX BTU
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10:41 EDTAAPLLeak points to mass production of iPhone 5S display, BGR says
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10:34 EDTMSFTMicrosoft selling tablets to schools for huge discounts, ZDNet says
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09:38 EDTAAPL, NFLXActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG PFE TSLA MGM
07:42 EDTMSFTMay U.S. retail video game sales fall 25%, Bloomberg reports
U.S. retail sales of video game hardware, software and accessories tumbled 25% to $386.3M this past May, with overall hardware sales down 31% from last year to $96M, reported Bloomberg citing data from NPD Group. Reference Link
07:42 EDTMSFT, TO'Reilly Media to hold a conference
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07:29 EDTMSFTSecurities Industry and Financial Markets Association to host a conference
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07:13 EDTXOMU.S. oil exports highest in 30 years, Bloomberg reports
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06:17 EDTAAPL, MSFTTaiwan 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
06:04 EDTXOMEnergy firms may look to courts over U.S. natural gas exports, Reuters reports
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June 17, 2013
18:35 EDTMSFTMircosoft's Xbox 360 top selling U.S. console in May
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17:36 EDTMSFTMicrosoft awarded $412.24M government contract
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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.
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