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Stock Market & Financial Investment News

News Breaks
August 16, 2012
10:30 EDTANF, SINA, CSCO, ACHN, NWE, KMIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Achillion (ACHN) upgraded to Outperform from Market Perform at JMP Securities... Kinder Morgan (KMI) upgraded to Overweight from Neutral at JPMorgan... NorthWestern (NWE) upgraded to Buy from Hold at KeyBanc... Abercrombie & Fitch (ANF) upgraded to Outperform from Neutral at Wedbush... Cisco (CSCO) upgraded to Buy from Neutral at Davenport... SINA (SINA) upgraded to Buy from Neutral at BofA/Merrill.
News For ACHN;KMI;NWE;ANF;CSCO;SINA From The Last 14 Days
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June 19, 2013
17:25 EDTCSCOFinisar sees growing with customer Cisco despite insourcing
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16:19 EDTANFAbercrombie & Fitch re-initiated with an Outperform at Oppenheimer
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June 18, 2013
09:04 EDTACHNWells Faro to host a conference
2013 Healthcare Conference is being held in Boston on June 18-19 with webcasted company presentations to begin at 8:15 am; not all company presentations may be webcasted. Webcast Link
07:29 EDTCSCOSecurities Industry and Financial Markets Association to host a conference
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07:28 EDTACHNWells Faro to host a conference
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06:17 EDTCSCOTaiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link
June 17, 2013
10:23 EDTCSCOCisco moves higher, levels to watch
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09:01 EDTCSCOCisco has a conference call hosted by Deutsche Bank
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07:23 EDTANFJefferies to host a conference
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June 14, 2013
07:27 EDTCSCOTiVo volatility at historic lows after patent settlements
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June 13, 2013
16:41 EDTCSCOCisco reports 7.5% passive stake in Finjan Holdings
11:23 EDTANFAbercrombie & Fitch management to meet with ISI Group
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June 11, 2013
06:03 EDTCSCOStocks with implied volatility below IV index mean; CSCO GMCR
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June 10, 2013
07:17 EDTCSCOStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
07:13 EDTCSCOFBN Securities to host a tour
4th Annual Semi-Annual Silicon Valley Technology Bus Tour travels throughout Silicon Valley June 10-11.
06:24 EDTCSCOStocks with implied volatility below IV index mean; CSCO TIVO
Stocks with implied volatility below IV index mean; Cisco (CSCO), TiVo (TIVO) according to IVolatility.
June 9, 2013
18:32 EDTCSCOCiena, F5 Networks, Oracle, Cisco could benefit from network war, Barron's says
As Internet content and means of distribution expand, Ciena (CIEN), F5 Networks (FFIV), Oracle (ORCL), and Cisco (CSCO) could benefit from the evolution of the network and any battles between telecommunications companies and Internet content providers, Barron's contends in its Technology Trader column. Reference Link
June 8, 2013
17:25 EDTCSCOIcahn, Southeastern prepare list of CEO candidates for Dell, Reuters says
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June 7, 2013
16:26 EDTCSCOOn The Fly: Closing Wrap
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12:57 EDTCSCOOn The Fly: Midday Wrap
The Wall Street averages were all up about 1% near midday after the monthly jobs report beat forecasts. ECONOMIC EVENTS: In the U.S., the Labor Department reported employers added 175K jobs in May, beating expectations for 163K added jobs. The unemployment rate rose slightly to 7.6% in May from 7.5% in April, with the uptick attributed to more people entering the workforce. COMPANY NEWS: TiVo (TIVO) confirmed it had settled a patent lawsuit with Google's (GOOG) Motorola unit, Cisco (CSCO) and Time Warner Cable (TWC), as reported by media outlets yesterday. The company also doubled its stock buyback authorization, but TiVo shares, which had been higher yesterday on the initial reports, fell over 17% as the amount of money the company received in the deal fell short of analyst expectations. MAJOR MOVERS: Among the notable gainers were JinkoSolar (JKS) and Thor Industries (THO), which both gained over 10% following their earnings reports. Also higher were shares of Yum! Brands (YUM), which rose nearly 3% after UBS upgraded the stock to Buy. Among the losers were a number of companies that had hoped to convert to real estate investment trusts after the IRS formed a group to study issues relating to REIT conversions. Notably, Iron Mountain (IRM) fell almost 16%, Copart (CPRT) dropped over 6%, and Equinix (EQIX) slid over 5%. INDICES: Near 1 pm ET, the Dow was up 168.95, or 1.12%, to 15,209.57; the Nasdaq was up 35.12, or 1.03%, to 3,459.17; and the S&P 500 was up 15.41, or 0.95%, to 1,637.97.
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