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Stock Market & Financial Investment News

News Breaks
April 19, 2013
10:04 EDTADBE, AAPL, ARUN, WCG, SXCP, GASS, SIX, MITL, CHDN, COG, AMP, SZYMOn 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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August 14, 2014
07:50 EDTARUNAruba Networks upgraded at Stifel
As previously reported, Stifel upgraded Aruba to Buy from Hold. The firm upgraded shares following checks that indicate solid momentum and reduced pricing pressures. Price target is $24.
06:19 EDTAAPLLenovo sees opportunities outside of China for smartphone business, WSJ reports
Lenovo CEO Yang Yuanqing tells the Wall Street Journal that although that China is still the most important market for its smartphone business, the company sees additional opportunities outside China. Reference Link
06:17 EDTARUNAruba Networks upgraded to Buy from Hold at Stifel
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August 13, 2014
16:00 EDTAAPLOptions Update; August 13, 2014
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11:41 EDTAAPLAmazon payment move complements e-commerce platform, says RW Baird
Baird said Amazon's (AMZN) launch of the "Local Register" payment and card reader system is not a surprise after the company's acquisition of assets from GoPago and that the move is complementary to Amazon's e-commerce platform. Baird said Amazon's system will compete with Square and eBay's (EBAY) payment product "Here" and added that it expects Google (GOOG) and Apple (AAPL) to expand their existing payment initiatives. The firm maintains its Outperform rating and $400 price target on Amazon.com.
09:37 EDTAAPLActive equity options trading on open
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07:45 EDTARUNAruba Networks checks show sales ahead of plan, says JMP Securities
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07:19 EDTAAPLSiri creators working on new advanced AI system, Wired reports
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August 12, 2014
16:00 EDTAAPLOptions Update; August 12, 2014
iPath S&P 500 VIX Short-Term Futures down 20c to 31.65. Option volume leaders: AAPL MNKD TWTR TSLA KMI KATE MGM NFLX KO according to Track Data.
09:35 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GOOG C TSL EXAS BAC DNDN JNJ TSLA
06:24 EDTAAPLApple readies Healthkit launch despite complicated regulations, Reuters says
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06:19 EDTAAPLApple suppliers begin production of next-generation iPads, Bloomberg says
Apple suppliers began production of next-generation iPads as the tech firm looks to reignite the popularity of tablet computers after it experienced two consecutive quarters of sales declines, according to Bloomberg, citing people with knowledge of the matter. Reference Link
05:47 EDTAAPLApple December quarter margins likely down sequentially, says Piper Jaffray
Piper Jaffray says itís likely that Apple's December quarter margins decline quarter-over-quarter due to the impact of the updated iPhone 6. Piper does not view the potential margin decline as a long-term negative, however, noting that Apple showed with the iPhone 5S that margins can expand as the company moves away from new design launches. Piper says it remains a buyer of Apple shares with an Overweight rating and $105 price target.
August 11, 2014
16:00 EDTAAPLOptions Update; August 11, 2014
iPath S&P 500 VIX Short-Term Futures down 1.33 to 31.90. Option volume leaders: AAPL KMI MNKD PBR AMZN SCTY TWTR TSLA according to Track Data.
10:19 EDTAMPOn The Fly: Analyst Downgrade Summary
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10:07 EDTAAPLVirnetX says court denies Apple motion in patent suit
VirnetX (VHC) announced that on August 8 the U.S. District Court for the Eastern District of Texas, Tyler Division, issued its patent claim construction, or "Markman" Order and ruled on a VirnetX motion in the ongoing patent infringement action between VirnetX and Apple (AAPL). Both parties had presented arguments on the disputed terms along with various other motions at a Markman hearing on May 20. In the Markman order, the court denied Apple's Motion for Summary Judgment of Indefiniteness, in which Apple alleged that some of the disputed claims terms in the patents asserted by VirnetX were invalid for indefiniteness. In a separate order, the court granted in part and denied in part VirnetX's Motion for Partial Summary Judgment on Apple's Invalidity Counterclaims. The court's order precludes Apple from asserting invalidity as a defense against infringement of the claims that were tried before a jury in VirnetX's prior litigation against Apple. Apple is not precluded from asserting invalidity as a defense against infringement of the claims that were not tried before a jury in the Apple I case. "We are extremely pleased with the court's rulings and we remain confident in the merits of our complaint against Apple," said Kendall Larsen, VirnetX CEO and President. "We believe the court's Markman Order and motion ruling represents another significant step towards the successful resolution of this litigation."
09:36 EDTAAPLActive equity options trading on open
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08:01 EDTAMPAmeriprise downgraded to Equal Weight from Overweight at Morgan Stanley
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06:23 EDTAAPLGoogle testing "Listen Now" music ads, WSJ reports
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August 10, 2014
16:51 EDTADBE, AAPLCourt rejects $324M settlement in tech hiring conspiracy, NYT says
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