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Stock Market & Financial Investment News

News Breaks
August 7, 2014
16:00 EDTAAPL, TSLA, C, PBR, ZNGA, LVSOptions Update; August 7, 2014
iPath S&P 500 VIX Short-Term Futures up 72c to 34.62. Option volume leaders: AAPL C PBR ZNGA LVS NFLX TWTR TSLA according to Track Data.
News For AAPL;TSLA;C;PBR;ZNGA;LVS From The Last 14 Days
Check below for free stories on AAPL;TSLA;C;PBR;ZNGA;LVS the last two weeks.
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September 2, 2014
11:03 EDTAAPLApple hits another fresh life high, levels to watch
Despite headlines concerning a high-level iCloud security breach targeting celebrity accounts, the stock is edging to a fresh life high this morning. Traders appear more focused on the upcoming product announcement on September 9th. At the current price of $103.65, there is no overhead resistance. A new upside objective for the bulls would potentially be at $105 or $107, both typical and currently active options strike prices. Support is at $102.50, the prior closing price.
10:33 EDTAAPLApple price target raised by noted analyst ahead of launches
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10:27 EDTTSLATesla hits fresh life high, levels to watch
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10:02 EDTTSLAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Cabot Oil & Gas (COG) upgraded at Stifel... Century Aluminum (CENX) upgraded to Overweight from Equal Weight at Morgan Stanley... Groupon (GRPN) upgraded at RBC Capital... Hawaiian Electric (HE) upgraded to Neutral from Cautious at ISI Group... Life Time Fitness (LTM) upgraded to Overweight from Neutral at Piper Jaffray... Live Nation (LYV) upgraded to Buy from Neutral at Northcoast... Northrop Grumman (NOC) upgraded at RBC Capital... Panasonic (PCRFY) upgraded to Buy from Sell at CLSA... Progressive (PGR) upgraded at Goldman... RCS Capital (RCAP) upgraded to Buy from Neutral at Citigroup... SandRidge Energy (SD) upgraded at Stifel... Staples (SPLS) upgraded to Outperform from Neutral at Credit Suisse... Statoil (STO) upgraded to Buy from Hold at Deutsche Bank... Tenaris (TS) upgraded to Neutral from Sell at UBS... Tesla (TSLA) upgraded at Stifel... Ultratech (UTEK) upgraded to Outperform from Market Perform at Barrington... Volkswagen (VLKAY) upgraded to Outperform from Neutral at Exane BNP Paribas... Waddell & Reed (WDR) upgraded to Buy from Hold at Jefferies... Willis Group (WSH) upgraded to Outperform from Market Perform at Keefe Bruyette... zulily (ZU) upgraded to Buy from Fair Value at CRT Capital.
09:41 EDTTSLA, PBR, AAPLActive equity options trading on open
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08:56 EDTTSLAOn The Fly: Pre-market Movers
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08:06 EDTTSLATesla upgraded at Stifel
As noted earlier, Stifel upgraded Tesla to Buy from Hold. The firm upgraded the stock as it thinks the company has obtained "a defensible" market "niche," while it has a head start in production and demand is unlikely to become a headwind for it until late in the decade at the earliest. Target $400.
07:14 EDTCCiti to boost senior pay in Europe to adjust for bonus cap rules, FT says
Citigroup recently told various senior staff members in Europe that they will receive fixed monthly payments in addition to their salaries as a way of compensating for newer rules there that limit bonuses, said Financial Times, citing several people close to the situation. Reference Link
07:09 EDTAAPLApple new product launch to be most exciting in years, says Cantor
Cantor believes that over the next few months Apple will have its most exciting product launch "in many years." The firm thinks the 4.7 inch and 5.5 inch iPhones may not be made available for purchase simultaneously, while the company's watch could be announced next week but not be made available immediately. The firm keeps a $123 price target and Buy rating on the shares.
07:02 EDTLVSMacau reports August casino revenue down 6.1% to 28.88B patacas
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06:34 EDTAAPLApple cuts iPad mini prices as non-Apple vendors may follow, DigiTimes says
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06:34 EDTAAPLApple's iWatch still under EVT stage, DigiTimes reports
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06:14 EDTAAPLT-Mobile planning September 10 'Uncarrier' event, Re/code reports
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06:13 EDTAAPLApple has discussed $400 price tag for wearable device, Re/code reports
Apple has considered putting a $400 price tag on its new wearable device, Re/code reports. It is not clear whether the price will be firmed up before its September 9 press conference. Reference Link
06:07 EDTTSLATesla upgraded to Buy from Hold at Stifel
06:05 EDTAAPLApple investigating hack relating to violation of iCloud accounts, Re/code says
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05:54 EDTAAPLApple price target raised to $120 from $105 at Piper Jaffray
Piper Jaffray analyst Gene Munster raised his price target on Apple shares to $120 from $105 citing the company's upcoming launch of new products and services. Munster expects Apple to unveil the iPhone 6 with two new screen sizes at the September 9 event, and he sees a 70% chance of an announcement around payments. Munster pegs at the chances of an iWatch announcement at 50%. He expects Apple shares to move higher through year-end and keeps an Overweight rating on the stock.
August 31, 2014
18:41 EDTTSLACalifornia lawmakers near adjournment without Tesla incentives, Bloomberg says
Lawmakers in California are set to adjourn for the year without creating incentives to convince Tesla to build a $5B battery plant in the state, says Bloomberg. Reference Link
17:14 EDTAAPLApple said to be partnering to develop iPhone wallet, Bloomberg says
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13:20 EDTCCitigroup to hold a conference
Global Technology Conference to be held in New York on September 2-4.
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