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Stock Market & Financial Investment News

News Breaks
March 19, 2013
10:00 EDTSCHN, AMZN, FB, EXPE, AOL, PCLN, Z, GOOG, SCMP, EBAY, YHOO, SRPT, RLGY, PSTI, PRA, KS, IP, BZ, ACADOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ACADIA (ACAD) initiated with a Buy at Jefferies... Boise (BZ) initiated with a Hold at KeyBanc... International Paper (IP) initiated with a Hold at KeyBanc... KapStone (KS) initiated with a Buy at KeyBanc... Pluristem Therapeutics (PSTI) initiated with a Hold at Jefferies... ProAssurance (PRA) initiated with a Neutral at Janney Capital... Realogy (RLGY) initiated with an Outperform at William Blair... RockTenn (RKT) initiated with a Hold at KeyBanc... Sarepta (SRPT) initiated with a Buy at Deutsche Bank... Yahoo! (YHOO) initiated with an Outperform at Raymond James... Sucampo (SCMP) initiated with a Buy at Maxim... eBay (EBAY) initiated with an Outperform at JMP Securities... AOL (AOL) initiated with an Outperform at JMP Securities... Google (GOOG) initiated with an Outperform at JMP Securities... priceline.com (PCLN) initiated with an Outperform at JMP Securities... Zillow (Z) initiated with an Outperform at JMP Securities... Facebook (FB) initiated with a Market Perform at JMP Securities... Expedia (EXPE) initiated with a Market Perform at JMP Securities... Amazon.com (AMZN) initiated with a Market Perform at JMP Securities... Schnitzer Steel (SCHN) initiated with a Hold at Topeka.
News For ACAD;BZ;IP;KS;PRA;PSTI;RLGY;SRPT;YHOO;EBAY;SCMP;GOOG;Z;PCLN;AOL;EXPE;FB;AMZN;SCHN From The Last 14 Days
Check below for free stories on ACAD;BZ;IP;KS;PRA;PSTI;RLGY;SRPT;YHOO;EBAY;SCMP;GOOG;Z;PCLN;AOL;EXPE;FB;AMZN;SCHN the last two weeks.
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May 17, 2013
16:00 EDTGOOGOptions Update; May 17, 2013
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15:04 EDTYHOOYahoo to hold product-related event Monday, CNBC says
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14:03 EDTGOOGMarket set to finish week with gains after Cisco results, comments
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10:36 EDTSCMPLeerink's major/specialty pharma analyst holds analyst/Industry conference call
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09:38 EDTGOOGGoogle rises following price target bump, levels to watch
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09:37 EDTGOOGActive equity option families trading on open
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08:53 EDTGOOGGoogle price target raised to $1,065 from $875 at Argus
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07:33 EDTIPPaper & Packaging names likely to return cash to holders, says Jefferies
Jefferies expects names in the Paper & Packaging space to start returning cash to shareholders at a greater rate due to strong balance sheets and record free cash flow. The firm names International Paper (IP), RockTenn (RKT) and Owens-Illinois (OI) as best positioned to see higher share prices from more aggressive cash returns to shareholders. Jefferies says Crown Holdings (CCK), Graphic Packaging (GPK) and Owens-Illinois are likely to issue dividends.
07:10 EDTGOOG, AMZNU.K. to question Amazon over income tax, Reuters reports
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06:51 EDTFBFacebook volatility at low end of historic range
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06:43 EDTAMZNApple disputing government's e-book allegations, NY Times says
Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link
06:36 EDTGOOG, FBGoogle to add new apps to Google Glass, NY Times says
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06:12 EDTAMZNApple losing its edge as innovator, poll shows, Bloomberg reports
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06:06 EDTAMZNOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.
May 16, 2013
19:47 EDTYHOOYahoo in talks with Tumblr, AllThingsD reports
An AllThingsD report that cites sources close to the situation says Yahoo is in serious talks with Tumblr regarding a strategic alliance, or a potential outright buy of the company. The report cites sources that say this isn't the first time Yahoo CEO Marissa Mayer has been interested in Tumblr, saying that since taking over at Yahoo, Mayer has met with Tumblr executives, including founder David Karp. Reference Link
18:42 EDTGOOGGoogle sent letter by Congress over Glass privacy issues, WSJ reports
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16:25 EDTYHOOYahoo! granted favorable ruling in Mexico City superior court
Yahoo! announced that the Superior Court of Justice for the Federal District in Mexico has granted the company’s appeal and reversed the ruling of the 49th Civil Court of Mexico, which had entered a non-final judgment of $2.75B against Yahoo! and Yahoo! Mexico on November 28, 2012. The appellate decision overturned all monetary awards against Yahoo! and reduced the monetary award against Yahoo! Mexico to $172,500. Yahoo! Mexico was awarded $2.6M in the original judgment, and this award was confirmed by the appellate decision.
15:27 EDTPCLNpriceline.com slips lower in late-day trading, levels to watch
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14:01 EDTGOOGOptions Update; May 16, 2013
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13:05 EDTGOOGSpending on Apple, Android video games jumped in Q1, AllThingsD says
In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link
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