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Stock Market & Financial Investment News

News Breaks
February 27, 2013
06:57 EDTAAPL, GOOG, SSNLFSamsung unveils Passbook-like app, The Next Web says
Samsung (SSNLF) has launched an app that is similar to Apple's (AAPL) Passbook, according to The Next Web. Called the Wallet, Samsung's app will enable users to save and access tickets, boarding passes, and coupons from a central location, the website reported. Reference Link
News For AAPL;SSNLF;GOOG From The Last 14 Days
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May 22, 2013
16:00 EDTGOOGOptions Update; May 22, 2013
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14:27 EDTGOOGcomScore says Google Sites lead April U.S. online video rankings
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14:06 EDTGOOGGoogle’s X Phone confirmed for Sprint, BGR says
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13:43 EDTSSNLFSamsung takes stake in Pantech, AllThings D says
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12:07 EDTAAPL, SSNLFConsumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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09:42 EDTAAPLApple rises in early trading, levels to watch
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09:39 EDTAAPL, GOOGActive equity option families trading
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07:10 EDTAAPLApple bonds lose $280.6M as rates increase, Bloomberg reports
Apple’s bonds have lost $280.6M of market value since buyers bought $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, reports Bloomberg.Reference Link
07:10 EDTSSNLFSamsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
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07:09 EDTAAPLApple used unusual tax loophole in Ireland to shelter billions, Reuters reports
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06:23 EDTSSNLFSamsung to launch complete line up of notebooks in 2H13, DigiTimes says
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06:02 EDTAAPL, SSNLFOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
19:39 EDTGOOGGoogle tax behavior to be criticized by U.K. party leader, Reuters says
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16:04 EDTAAPLOptions Update; May 21, 2013
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10:42 EDTGOOGGoogle tests support at $900, levels to watch
The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87.
09:42 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
09:34 EDTAAPLApple trades lower, levels to watch
The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46.
08:12 EDTAAPLSenate Homeland Security and Governmental Affairs Committee to hold a hearing
The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link
07:50 EDTAAPLIreland rejects allegations that it's a tax haven, FT reports
Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link
07:05 EDTAAPLSenate report says Apple avoided paying taxes on $44B of income, Politico says
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