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Stock Market & Financial Investment News

News Breaks
April 29, 2013
10:04 EDTIBM, NOK, MSFT, SNE, ORCL, GOOG, AAPLFitch says Apple rating would likely fall in high single 'A' category
Fitch Ratings said it has not released a public rating on Apple (AAPL); such a rating would likely fall in the high single 'A' rating category. Fitch said, "We rate a handful of U.S. technology companies in the high 'A' or double 'A' range with a Stable Outlook, including Microsoft (MSFT) at AA+, IBM (IBM) at A+, and Oracle (ORCL) at A+. All three of these companies benefit from substantial recurring revenue from enterprise software and/or long-term IT services contracts, which typically carry high switching costs...For ratings in the 'AA' category, we would insist on higher visibility and a longer time horizon regarding the sustainability of a company's business model...Consumer product companies such as Sony (SNE), Nokia (NOK), and Motorola Mobility (GOOG) have proven the risks related to ever-changing consumer tastes, low switching costs, and a highly competitive environment. Each has historically had a dominant market position and strong financial metrics, only to falter over a relatively short period of time. Apple's better diversification and the stickiness of its iTunes ecosystem clearly make it a stronger credit that would likely be at the highest end of the 'A' category."
News For AAPL;SNE;NOK;GOOG;MSFT;IBM;ORCL From The Last 14 Days
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April 22, 2015
13:37 EDTGOOGGoogle introduces Project Fi, to partner with Sprint, T-Mobile
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10:31 EDTAAPLUBS U.S. IT Hardware analyst holds an analyst/industry conference call
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10:02 EDTNOKOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcatel-Lucent (ALU) upgraded on post-merger outlook at Bernstein... Amazon.com (AMZN) upgraded to Buy, price target raised to $450 at Monness Crespi... BNP Paribas (BNPQY) upgraded to Overweight from Equal Weight at Morgan Stanley... Dolby (DLB) upgraded to Overweight from Neutral at JPMorgan... First Defiance (FDEF) upgraded to Outperform from Market Perform at Raymond James... Gran Tierra (GTE) upgraded to Buy from Neutral at Dundee... Grupo Aval (AVAL) upgraded to Buy from Neutral at Goldman... Manhattan Associates (MANH) upgraded to Buy from Hold at Benchmark Co.... Marriott (MAR) upgraded to Buy from Neutral at MKM Partners... Masco (MAS) upgraded to Outperform from Market Perform at FBR Capital... Nokia (NOK) upgraded on post-merger outlook at Bernstein... Packaging Corp. (PKG) upgraded to Buy from Hold at Deutsche Bank... Rayonier (RYN) upgraded to Sector Perform from Underperform at RBC Capital... Rogers Communications (RCI) upgraded to Buy from Neutral at BofA/Merrill... Sanofi (SNY) upgraded to Neutral from Sell at Citigroup... Select Comfort (SCSS) upgraded to Outperform from Neutral at Wedbush... UniCredit (UNCFF) upgraded to Buy from Sell at Berenberg... Zions Bancorp (ZION) upgraded to Outperform from Market Perform at FBR Capital.
10:01 EDTMSFTEY and Microsoft form strategic business relationship
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09:54 EDTAAPLApple Watch pre-orders may start May 8 in next wave of countries, MacRumors says
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09:18 EDTNOKNokia upgraded to Overweight from Equal Weight at Barclays
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09:17 EDTGOOGAmazon.com upgraded to Buy, price target raised to $450 at Monness Crespi
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08:37 EDTSNESony raises FY revenue view to Y8.21T from Y8T
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08:37 EDTNOKAlcatel-Lucent upgraded on post-merger outlook at Bernstein
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08:35 EDTNOKNokia upgraded on post-merger outlook at Bernstein
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08:16 EDTMSFTSeveral companies to benefit from hybrid cloud growth, says Pacific Crest
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08:13 EDTIBMPSA Peugeot CitroŽn and IBM announce partnership
PSA Peugeot CitroŽn and IBM announced a partnership to help various industries within the Internet of Things economy to analyze data to deliver new services from connected vehicles. The companies are expanding their partnership announced last year to develop connected services for PSA vehicles by now enabling other industries and companies to propose new added values services in their vehicles. The seven-year agreement will focus on commercializing services and building next-generation technical solutions necessary to deliver connected services.
08:10 EDTGOOGWix.com to benefit from Google algorithm change, says FBR Capital
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07:20 EDTAAPLApple survey continues to show strong iPhone demand, says UBS
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07:08 EDTAAPLPriceline Apple launches Apple Watch travel applications
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06:24 EDTNOKNokia upgraded to Outperform from Market Perform at Bernstein
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06:16 EDTAAPLApple retail chief discusses Apple Watch, MacBook in video, BI reports
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06:06 EDTGOOGGoogle, Facebook seek to reach billions of people without Web access, WSJ says
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06:01 EDTGOOGGoogle could launch wireless service today, WSJ reports
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05:54 EDTSNEFireEye president: Sony hack 'not an insider,' Re/code reports
FireEye (FEYE) president Kevin Mandia said Code/Enterprise in San Francisco that last year's Sony (SNE) hack was "definitely not an insider," Re/code reports. Mandia believes the Sony hack was "clearly" the work of a government. Reference Link
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