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Stock Market & Financial Investment News

News Breaks
May 23, 2014
06:06 EDTAAPL, CHL, SSNLFSmartphone shipments in China down 6.4%, DigiTimes reports
Smartphone (SSNLF) shipments in China decreased 6.4% in Q1 as consumerse delayed plans for purchase of new phones or replacements, reports DigiTimes Research. Samsung ranked the top smartphone vendor, but Apple (AAPL) was seen as the biggest winner as its 4G-enabled iPhones in China in cooperation with China Mobile (CHL) saw high sales in Q1. Reference Link
News For AAPL;SSNLF;CHL From The Last 14 Days
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February 15, 2015
07:46 EDTAAPLApple working on minivan-like electric vehicle, WSJ reports
Apple has "several hundred" employees working secretly toward creating an Apple-branded electric vehicle, Wall Street Journal reported yesterday, citing people familiar with the matter. The project is known internally as "Titan" and has a design that resembles a minivan, the Journal added. The Financial Times reported yesterday that the iPhone maker is recruiting experts in automotive technology and vehicle design. Reference Link
February 13, 2015
13:56 EDTAAPLApple working on car technology in secretive lab, FT says
Apple, which often investigates wide ranging product areas, has been recruiting automotive technology and vehicle design experts who are at work in a confidential Silicon Valley location near the company’s Cupertino campus, Financial Times reported, citing people familiar with the matter. Reference Link
08:43 EDTAAPLApple price target raised to $135 from $130 at BMO Capital
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06:14 EDTAAPLTSMC transfers more peripheral IC orders to Vanguard, DigiTimes reports
TSMC (TSM) has transferred more orders for peripheral ICs for use in Apple's (AAPL) mobile devices to Vanguard International, reports DigiTimes. According to industry sources, Vanguard has already entered Apple's supply chain by providing TSMC 8-inch production capacity for power management IC orders placed by Dialog Semiconductor. Reference Link
06:14 EDTSSNLFSamsung, HTC, others to launch non-Android Wear smart devices, DigiTimes says
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05:53 EDTAAPLApple price target raised to $150 from $130 at UBS
UBS analyst Steven Milunovich raised his price target for Apple shares to $150 from $130 citing the tech giant's "expanding ecosystem." Milunovich believes services based on Apple's operating system, such as Apple Pay, Car Play, HomeKit, and HealthKit, will play key role in extending Apple's reach. He believes Apple is evolving into a "platform company" from a "device company" and that this transition may bring the iPhone maker's market capitalization to $1T. Milunovich has a Buy rating on Apple. The stock closed yesterday up $1.58 to $126.46, representing a market cap of $739B.
February 12, 2015
16:02 EDTAAPLOptions Update; February 12, 2015
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14:39 EDTAAPLIntel Foundation selling out of stake in Imagination Technologies, DJ reports
Intel Foundation (INTC) is offering 13.4M shares, or about a 4.9% stake, in Imagination Technologies for sale and will no longer hold any stake in the maker of chips for smartphones sold by Apple (AAPL) following the transaction, according to Dow Jones, citing JP Morgan Securities PLC. Reference Link
14:21 EDTCHLChina Telecom, Unicom rumored to plan merger, Marbridge Daily says
Rumors are circulating on Chinese microblogging platform Weibo about plans for China Telecom (CHA) and China Unicom (CHU) to merge and say China Mobile (CHL) plans to tie-up with China Radio and Television Network, according to Marbridge Daily. Spokespeople for China Telecom, China Mobile and China Unicom said they had no information relating to the rumors, the report noted. Reference Link
12:28 EDTAAPLBridgewater Associates cut Apple stake in half last quarter
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12:21 EDTAAPLApple slips from earlier highs, levels to watch
After CNBC reported that Bridgewater cut its stake in half, the shares have been heading lower from the peak at $127.48. At the current price of $126.64, support is at $125.98, the opening price of the session.
12:10 EDTAAPLBridgewater cut Apple stake in half, CNBC reports
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11:09 EDTAAPLApple continues to set fresh life highs, levels to watch
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09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA WFM BIDU TWTR GILD FB AMAT EXPE TRIP
09:05 EDTSSNLFNew Galaxy phones confirmed to hae wireless charging, WhowiredKorea says
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09:02 EDTAAPLApple price target raised to $140 citing products beyond iPhone at BofA/Merrill
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08:02 EDTAAPLApple Watch launch event could involve additional product reveals, CNBC says
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06:38 EDTAAPLGoogle gives Apple, Microsoft 90 days to fix security flaws, Bloomberg says
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06:30 EDTSSNLFQualcomm under investigation by South Korean competition authorities, FT reports
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06:06 EDTAAPLApple says more overtime, less 'conflict materials' in 2014, Financial Times say
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