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Stock Market & Financial Investment News

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December 24, 2013
09:36 EDTFB, AAPL, WLT, TSLA, GOOG, TWTRActives options on open
Actives on open; AAPL TWTR TSLA FB GLD GOOG WLT NFLX
News For AAPL;TWTR;TSLA;FB;GOOG;WLT From The Last 14 Days
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April 2, 2014
12:48 EDTAAPLGT Advanced rallies after Goldman raises price target
Shares of GT Advanced Technologies (GTAT) - which makes sapphire products and solar energy equipment - are climbing after Goldman Sachs raised its price target on the stock in a note to investors earlier today. WHAT'S NEW: Goldman Sachs analyst Brian Lee raised his 2015 and 2016 earnings per share estimates for GT Advanced, as he is more upbeat about the outlook for the company's equipment business. GT Advanced's deal to supply sapphire for upcoming Apple (AAPL) devices is worth $15 per share for GT if the deal goes as expected, and up to $25 if the deal exceeds expectations, contended Lee. The analyst raised his price target on the stock to $24 from $20 and kept a Buy rating on the shares. OTHERS TO WATCH: Rubicon Technology (RBCN) also makes sapphire. That stock was upgraded to Overweight from Neutral in a note to investors from JPMorgan yesterday. JPMorgan expected Rubicon to benefit from a pick-up in demand for LEDs and sapphire covers. The stock surged yesterday in the wake of the upgrade. PRICE ACTION: In early afternoon trading, GT Advanced climbed $1.13, or 6.5%, to $18.51, while Rubicon fell 2.8% to $12.62.
12:20 EDTWLTCoal stocks higher after BHP executive signals confidence
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11:33 EDTTSLATesla appeals NJ ban on direct sales, Star-Ledger reports
Tesla has filed an appeal in New Jersey Superior Court to overturn the state's ban on selling its vehicles directly to consumers, reported The Star-Ledger. Reference Link
11:22 EDTGOOGAmazon says Fire TV remote control uses bluetooth
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11:15 EDTAAPL, GOOGAmazon says Fire TV 'three times as powerful' as Apple TV, Roku, Chromecast
09:45 EDTFBSecond major outage hits WhatsApp since Facebook acquisition, TechCrunch says
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09:35 EDTAAPL, TSLA, FBActive equity options trading on open
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09:18 EDTAAPLOn The Fly: Pre-market Movers
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08:35 EDTTSLATesla Motors May volatility elevated at 65
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08:34 EDTFB, FBFacebook ahead of peers in mobile, says CLSA
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08:01 EDTTWTRTwitter user engagement high, says MKM Partners
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07:44 EDTTSLAChina mulls more electric car incentives, Bloomberg says
China may exempt electric-car buyers from paying purchase taxes as part of expanded state measures to boost sales of such cars after past incentives failed to spark demand, according to Bloomberg, citing comments from Vice Premier Ma Kai. Companies that make electric vehicles include GM (GM), Honda (HMC), Nissan (NSANY) and Tesla (TSLA). Reference Link
07:23 EDTAAPL, GOOGApple (AAPL) to act like Google (GOOG) in ad push, Business Insider says
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07:15 EDTGOOGGoogle asks Supreme Court to hear 'Street View' case, Wired says
After an appeals court previously found Google may have violated the Wiretap Act with its past collection of unencrypted Wi-Fi data as part of its Street View program, the company is asking the Supreme Court to rule on the matter, reported Wired, citing court documents. Reference Link
07:14 EDTGOOGGoogle shares undervalued at current levels, says Bernstein
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06:50 EDTFB, GOOGYouTube dominates mobile apps, Facebook on top in mobile social, Re/code says
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06:45 EDTAAPL, GOOGAmazon expected to announce media streaming device today, Business Insider says
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06:16 EDTGOOGGoogle April volatility elevated into 2-1 stock split and Q1
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05:58 EDTAAPLSamsung lawyer calls Apple claims 'gross exaggeration,' Re/code reports
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05:57 EDTAAPLPiper positive on Apple shares ahead of product cycle
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