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Stock Market & Financial Investment News

News Breaks
April 19, 2013
10:04 EDTCOG, AAPL, SXCP, MITL, AMP, ARUN, GASS, CHDN, ADBE, SZYM, WCG, SIXOn 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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February 23, 2015
07:46 EDTSIXJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 23 at 8:20 am; not all company presentations may be webcasted. Webcast Link
07:29 EDTAAPLJapan Display asking Apple to finance new smartphone screen plant, Reuters says
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06:21 EDTAAPLFacebook's shuttle drivers approve new union contract, WSJ reports
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06:04 EDTAAPLApple to publicly beta test iOS update, Re/code says
Apple plans to allow consumers to test the next update for its iOS mobile operating system, reports Re/code. The beta test will be available mid-March through the company's Apple Seed program. Reference Link
05:29 EDTAAPLApple to invest EUR 1.6B in new European data centers
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05:27 EDTAAPLApple to invest EUR 1.6B in new European data centers
February 22, 2015
17:11 EDTAAPLApple could reach $160 in a year, Barron's says
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15:11 EDTAAPLApple increases capabilities in industrial lithium-ion batteries, Reuters says
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February 20, 2015
16:48 EDTAAPLDow, S&P 500 finish week at record highs after Greek deal reached
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16:03 EDTAAPLOptions Update; February 20, 2015
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11:02 EDTAAPLApple electric car could be 'iPhone of the Future,' says Cantor
Cantor Fitzgerald analyst Brian White says he believes an electric car from Apple has the potential to be the "iPhone of the Future." White, in a note to investors today, added that he doubts Apple's reach will stop there. He believes the personal robot category offers "great potential over the next decade and fits well with Apple's skill set." White thinks the reports of an electric car show innovation at the tech giant continues. He keeps a Buy rating Apple shares with a $160 price target. The stock is up 30c it morning trading to $128.71.
11:00 EDTAAPLApple electric car could be 'iPhone of the Future,' sys Cantor
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09:38 EDTAAPLActive equity options trading on open
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07:35 EDTCOGCabot Oil & Gas sees FY15 capital budget of $900M, production growth 10%-18%
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07:35 EDTCOGCabot Oil & Gas Marcellus Shale production up 27% to 1,491 Mmcf
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07:34 EDTCOGCabot Oil & Gas reports Q4 production of 151.9 Bcfe
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07:34 EDTCOGCabot Oil & Gas reports Q4 EPS excl items 23c, consensus 22c
Reports Q4 revenue $618.04M, consensus $550.36M
07:31 EDTCOGCabot Oil & Gas reports 36% increase in proved reserves to 7.4Tcfe
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06:41 EDTAAPLApple pushing for 2020 production of its electric car, Bloomberg says
Apple (AAPL) is pushing to begin production of its electric vehicle as soon as 2020, reports Bloomberg, citing people with knowledge of the matter. Bloomberg notes that the move could put Apple into direct competition with Tesla (TSLA) and General Motors (GM), both of which are targeting a 2017 release for next-generation electric vehicles. Apple may still cancel the project if it becomes unhappy with progress, the sources said, though its vehicle team is already 200-people strong. Reference Link
06:20 EDTAAPLApple price target raised to $145 on increasingly bullish outlook at Goldman
Goldman raised Buy rated Apple's price target to $145 from $130 based on increased confidence in platform momentum, sustained iPhone growth, and the potential for the Apple Watch. The firm believes risk/reward is more balanced following the recent 20% upside move but sees further upside given the aforementioned factors and the near-term catalysts from the April watch launch, updates on capital allocation, and a likely March quarter beat.
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