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Stock Market & Financial Investment News

News Breaks
September 17, 2012
12:18 EDTTHLD, IRIS, T, GNOM, TSLA, AAPL, GRPN, DHR, ODPOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday as the United States and China traded complaints to the World Trade Organization. Stock futures, which had been weak in early trading, softened further after the disappointing Empire State manufacturing reading. The futures action led to a lower opening for the broader market and the averages have not been able to mount any semblance of a come back in light, holiday trading... ECONOMIC EVENTS: In the U.S., the New York Fed’s “Empire State” general business conditions index, which measures factory activity in the state, dropped to minus 10.41 from minus 5.85 in August. This knocked the index to its lowest level in over three years, versus economists’ expectations for an improvement to minus 2. Also, China filed a complaint at the World Trade Organization to challenge a new U.S. law on tariffs intended to combat export-promoting subsidies, hours after the U.S. said it would launch a trade complaint against China's support for car exports... COMPANY NEWS: Apple (AAPL) announced that its iPhone 5 preorders set a new record by topping 2M phones sold in 24 hours. AT&T (T) echoed Apple's sentiments, saying sales of the new phone over the weekend made it the fastest-selling iPhone yet... Office Depot (ODP) rose over 7% after activist fund Starboard took a 13% stake and said the stock was “deeply undervalued.” This comes after last week's gains, which may have been aided by private equity takeover speculation circling its peer, Staples (SPLS)... MAJOR MOVERS: Among the notable gainers were IRIS International (IRIS), up 45% to $19.47 after Danaher (DHR) agreed to acquire the company for $19.50 per share, and Complete Genomics (GNOM), up 15% to $3.06 following a deal to be purchased by BGI-Shenzhen for $3.15 per share in cash. Also higher were shares of Tesla Motors (TSLA), which rose 5% following a two notch upgrade to an Overweight rating at Morgan Stanley. Among the noteworthy losers was Threshold Pharmaceuticals (THLD), down 19% after the company said new analysis showed one of its cancer drugs did not have a statistically significant impact on overall survival in a trial. Also lower were shares of Groupon (GRPN), down 6% as the stock was added to Evercore's "Conviction Sell" list... INDICES: Near noon, the Dow was down 27.01, or 0.20%, to 13,566.36; the Nasdaq was down 7.15, or 0.22%, to 3,176.80; and the S&P 500 was down 2.43, or 0.17%, to 1,463.34.
News For AAPL;T;ODP;TSLA;IRIS;DHR;GNOM;THLD;GRPN From The Last 14 Days
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February 19, 2015
14:06 EDTTDirecTV says on track to close deal with AT&T before end of 1H
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12:58 EDTAAPLRecent Apple hires have backgrounds in automotive hardware, 9to5Mac says
Many of the automotive experts poached by Apple (AAPL) come from automotive hardware backgrounds, strongly hinting at development beyond automotive software, reports 9to5Mac, citing sources close to the company. The new hires have backgrounds in motor and gearbox design, safety components, transmissions, power trains, drive trains, electric vehicle batteries, hybrid vehicles, interior vehicle components, and other areas. Reference Link
11:51 EDTAAPLCiti, RBC lay out reasons to be bullish on Apple
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10:44 EDTGRPNOptions with decreasing implied volatility
Options with decreasing implied volatility: VDSI KING ZU AVP GRPN SKX TRIP YPF UPL CYBR
09:44 EDTTSLATesla shares can hit new highs by year end, says Morgan Stanley
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09:35 EDTAAPL, TSLAOption volume leaders
Option volume leaders: AAPL TSLA TWTR MCD WMT PBR SPWR WFM GILD FB SCTY according to Track Data.
08:54 EDTTAT&T fiber-optic internet charges users $29 to avoid tracking, WSJ says
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08:50 EDTAAPLApple could return $150B-$200B to shareholders, says RBC Capital
RBC Capital believes that Apple could return $150B-$200B to its shareholders over the next three years. The firm expects the company to return 100% of its annual free cash flow to shareholders. It raised its price target on the name to $140 from $130 and keeps an Outperform rating on the stock.
08:21 EDTAAPLApple Pay faces resistance from China, MarketWatch says
Apple (AAPL) is attempting to launch Apple Pay in China, but a People's Bank of China official stated the company has not acknowledged regulators and "it's unclear whether the product meets the government’s requirements,” while talks with state-owned card payment operator UnionPay "have stalled" according to sources close to the companies, reports MarketWatch. Alibaba (BABA) currently operates the similar Alipay service and an Alibaba employee stated the two companies "have stayed in contact and are preparing for several projects," but because all payments go through UnionPay, Apple's entry into the market is ultimately controlled by the state-owned firm. The Chinese government has raised numerous concerns regarding Apple Pay, and is demanding the company open a mainland China data center to house customer information. Reference Link
08:15 EDTAAPLWarner Bros. exec says not in talks with Apple on streaming, Re/code reports
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06:39 EDTAAPLA123 Systems sues Apple for poaching employees, WSJ reports
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06:22 EDTAAPLCiti lists five reasons for why Apple shares are going higher
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February 18, 2015
16:00 EDTAAPL, TSLAOptions Update; February 18, 2015
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12:00 EDTTSLATesla executive says U.S. demand surged due to P85D, Bidness reports
Mateo Jaramillo, Tesla Director of Powertrain Business Development, said that Model S wait times in the U.S. have grown to about a month and half to two months due to a "genuine surge" in orders for the upgraded and faster P85D model, reported Bidness Etc. Reference Link
10:32 EDTGRPNOptions with decreasing implied volatility
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09:37 EDTTSLA, AAPLOption volume leaders on open
Option volume leaders: AAPL TSLA TWTR CELG APO NFLX AXP APA LNKD C GILD according to Track Data.
07:59 EDTAAPLBlackBerry files copyright lawsuit against Typo Products, AP says
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06:52 EDTAAPLApple could bringing Touch ID to Mac, 9to5Mac says
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06:45 EDTAAPLApple Watch launching without health monitoring functions, WSJ says
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06:20 EDTAAPLApple awarded patent for wireless head-mounted display, Financial Times reports
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