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Stock Market & Financial Investment News

News Breaks
April 19, 2013
10:04 EDTARUN, GASS, CHDN, ADBE, SZYM, WCG, SIX, COG, AAPL, SXCP, MITL, AMPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Adobe (ADBE) initiated with a Buy at B. Riley... Ameriprise (AMP) initiated with a Buy at Citigroup... Cabot Oil & Gas (COG) initiated with an Outperform at Wells Fargo... Churchill Downs (CHDN) initiated with an Outperform at Wells Fargo... Mitel (MITL) initiated with a Sector Perform at RBC Capital... Six Flags (SIX) initiated with an Outperform at Credit Suisse... StealthGas (GASS) initiated with a Buy at Jefferies... SunCoke Energy (SXCP) initiated with an Outperform at Wells Fargo... WellCare (WCG) initiated with a Hold at Jefferies... Aruba Networks (ARUN) initiated with a Buy at Cleveland Research... Apple (AAPL) initiated with a Buy at Standpoint Research... Solazyme (SZYM) coverage assumed with an Overweight at Morgan Stanley.
News For ADBE;AMP;COG;CHDN;MITL;SIX;GASS;SXCP;WCG;ARUN;AAPL;SZYM From The Last 14 Days
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June 16, 2015
16:17 EDTADBEAdobe ups Digital Media ARR target to approximately $2.925B
"Given our business momentum, we are increasing our Digital Media ARR target to approximately $2.925B exiting FY15, which as a reminder is measured on a constant currency basis. This updated ARR target does not include any benefit from our newly launched Adobe Stock service.Despite the impact of currency, we continue to expect Adobe Marketing Cloud bookings growth of approximately 30% for the year."
16:12 EDTADBEAdobe sees FY15 revenue $4.845B, consensus $4.88B
16:10 EDTADBEAdobe sees Q3 EPS 45c-51c, consensus 54c
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16:06 EDTADBEAdobe reports Q2 Marketing Cloud achieved revenue of $327M
16:05 EDTADBEAdobe reports Q2 EPS 48c, consensus 45c
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16:01 EDTAAPLApple Twitter Facebook Bank of America Yahoo Netflix Alibaba WisdomTree Coca-Cola Goldman Sachs Micron General Electric
iPath S&P 500 VIX Short-Term Futures down 33c to 18.68. Option volume leaders: AAPL TWTR FB BAC YHOO NFLX BABA WETF KO GS MU GE.
15:19 EDTAAPLMonster says Apple revoked license folowing Beats lawsuit, WSJ reports
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15:04 EDTADBEAdobe June 80 straddle priced for 5.4% movement into Q2
15:01 EDTADBENotable companies reporting after market close
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14:53 EDTAAPLMobileIron up 8% after TechCrunch discloses partnership with Apple
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14:48 EDTAAPLMobileIron working with Apple for iPad applications, TechCrunch says
Apple (AAPL) is working with MobileIron (MOBL) to help deploy applications into the enterprise, TechCrunch reports. Reference Link
14:07 EDTSXCPSunCoke believes proposed IRS rules support coal coking as 'qualifying income'
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13:11 EDTADBEAdobe technical comments ahead of results
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11:46 EDTADBEShutterstock slides after Adobe launches competing product
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09:51 EDTAAPLApple stores begin selling Apple Watch, BGR reports
Apple stores around the country have begun to receive shipments of the Apple Watch for sale, reports BGR. According to sources, the stores can sell the device for sale through in-store reservations for personal pickup after an online purchase. There's no word on the product mix at this point. Reference Link
09:41 EDTSXCPSunCoke Energy mentioned cautiously by Seeking Alpha contributor
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09:36 EDTAAPLActive equity options trading on open
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08:22 EDTAAPLApple iPhone demand holding up better than expected, says Pacific Crest
Pacific Crest says its initial estimates of iPhone component orders for the September quarter indicate that iPhone demand should hold up better than it had previously expected. The firm adds that iPhone demand appears to have remained solid in recent months, which should enable Apple's Q3 EPS to beat expectations. Pacific Crest adds that its more upbeat view on the iPhone is "somewhat offset" by its less positive outlook on Apple Watch sales. Nevertheless the firm thinks that the iPhone's improved outlook reduces the stock's downside risk. However, it keeps a Sector Weight rating on the shares.
07:17 EDTAAPLUber previously had talks with Apple, Starbucks on logistics tie-up, WSJ says
Uber was reportedly in talks “in recent months” with Apple (AAPL) and Starbucks (SBUX) to create partnerships to help build its same-day product delivery program, but both companies instead went with startup courier service Postmates, the Wall Street Journal reports, citing people familiar with the matter. Uber launched its logistics service a year ago with plans to sign up with “dozens” of retailers, yet has announced partnerships with only six, the report says. Eat24, owned by Yelp (YELP), and GrubHub (GRUB) also held discussions with Uber but haven't reached any agreements, the report says. Reference Link
06:13 EDTAAPLAlibaba, Foxconn could invest $500M in Snapdeal, WSJ reports
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