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Stock Market & Financial Investment News

News Breaks
June 10, 2014
04:55 EDTAKAM, AKAM, AKAM, TWTR, TWTR, TWTR, TTWO, TTWO, TTWO, SNE, SNE, SNE, SIMG, SIMG, SIMG, PLT, PLT, PLT, NVDA, NVDA, NVDA, NTDOY, NTDOY, NTDOY, NTES, NTES, NTES, MSFT, MSFT, MSFT, MAT, MAT, MAT, KNM, KNM, KNM, HPQ, HPQ, HPQ, GOOG, GOOG, GOOG, EA, EA, EA, CMGE, CMGE, CMGE, AXP, AXP, AXP, ZNGA, ZNGA, ZNGAEntertainment Software Association to hold a conference
E3 2014 to be held in Los Angeles on June 10-12.
News For AKAM;AXP;CMGE;EA;GOOG;HPQ;KNM;MAT;MSFT;NTES;NTDOY;NVDA;PLT;SIMG;SNE;TTWO;TWTR;ZNGA From The Last 14 Days
Check below for free stories on AKAM;AXP;CMGE;EA;GOOG;HPQ;KNM;MAT;MSFT;NTES;NTDOY;NVDA;PLT;SIMG;SNE;TTWO;TWTR;ZNGA the last two weeks.
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August 14, 2014
15:24 EDTHPQHewlett-Packard volatility increases into Q3 and outlook
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13:25 EDTSNESony enters into car sensor industry, Nikkei says
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12:11 EDTTWTRStocks with call strike movement; SEAS TWTR
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09:36 EDTGOOGActive equity options trading on open
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08:12 EDTSNESony Pictures Entertainment, T3Media announce partnership
T3Media announced an expanded agreement with Sony Pictures Entertainment, a unit of Sony, to allow T3Media to manage the licensing and distribution of the entire SPE stock footage archive. In addition, T3Media will expand its technology services offering to include enhanced automated metadata creation, additional storage capacity, digital distribution, and use of T3Media's industry leading temporal metadata toolsets. Starting in September, more than 140K clips SPE's stock footage archive will be available for the production community to license via T3Licensing.com. With a direct sales team and a global network of sub distributors, T3Media is ideally positioned to provide access and value for the SPE stock footage archive.
07:47 EDTCMGECMGE announces Independent Committee probe completed
China Mobile Games and Entertainment announced that the Independent Committee of the Board of the company has completed its review of market rumors of possible bribery. As previously announced, the Independent Committee was formed on June 20 and is comprised of the four independent directors of the company. The Independent Committee retained Simpson Thacher & Bartlett to assist it in conducting the independent review.The independent review included interviews with relevant personnel and a review of documents, digital information and data extract through procedures recommended by Simpson Thacher. The foregoing investigation did not find any evidence that suggested CMGE or anyone at CMGE had engaged in bribery. The Independent Committee therefore advised CMGE's Board of the completion of its investigation.
07:25 EDTZNGACLSA to hold meetings
Silicon Valley Meetings consisting of meeting with various companies in the Silicon Valley area will be held on August 14-15.
07:15 EDTZNGAKing, Zynga look to attract 'hard-core' gamers, WSJ reports
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06:09 EDTHPQ, GOOGGoogle, HP in talks to collaborate on 'virtual assistant,' The Information says
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August 13, 2014
19:02 EDTNTESNetEase.com reports Q2 EPS $1.48, consensus $1.46
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16:00 EDTTWTROptions Update; August 13, 2014
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15:05 EDTNTESNotable companies reporting after market close
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14:54 EDTMSFTEarnings Preview: Cisco reports following Deutsche upgrade, Pac Crest downgrade
Cisco Systems (CSCO) is scheduled to report fourth quarter results after the market close on Wednesday, August 13, with a conference call scheduled for 4:30 pm ET. Cisco, a member of the Dow Jones Industrial Average, sells Internet protocol-based networking and other products related to the communications and IT industry and provides related services. EXPECTATIONS: Analysts are looking for earnings per share of 53c on revenue of $12.14B, according to First Call. The consensus range for EPS is 51c-54c on revenue of $11.8B-$12.25B. Along with its last quarterly report, Cisco guided to Q4 adjusted EPS of 51c-53c and said it expects its revenue to be down 1% to 3% in the quarter compared to the prior year. At that time, the company also said it sees its FY14 adjusted EPS to come in at the higher end of its previously communicated $1.95-$2.05 range. LAST QUARTER: On May 14, Cisco reported third quarter adjusted EPS of 51c, beating the consensus analyst forecast of 48c. It's revenue came in at $11.5B, topping the $11.38B consensus forecast. Cisco reported a Q3 adjusted gross margin of about 62.7%. NEWS: On June 17, Cisco announced its intent to acquire privately held Tail-f Systems, whose products help service providers and enterprise IT organizations easily and cost-effectively implement applications, network services and solutions across networking devices. Upon completion of the acquisition, which is expected to be complete in Q4, Tail-f employees will join Cisco's Cloud and Virtualization Group. About two weeks later, tech blog Gigaom reported that Cisco has acquired British firm Assemblage for technology that uses real-time collaboration that does not require the user to download programs or plug-ins. On July 15, Cisco announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets, the companies stated. STREET RESEARCH: On May 21, Northland said that after speaking with Cisco's management and attending Cisco Live, the firm believed that the company is taking share form Arista Networks (ANET), which has since come public. The firm added that it did not believe that Juniper (JNPR) has gained traction in data center switching and it recommended Cisco as a cyclical recovery play and a relative bargain to peers. About a week later, Deutsche Bank upgraded its rating on Cisco shares to Buy from Hold, citing expectations that the company's new product ramps in FY15 and FY16 will be stronger than expected. Deutsche said then that it saw upside to consensus estimates and raised its price target for Cisco shares to $30 from $25. On July 28, Pacific Crest downgraded its rating on Cisco shares to Sector Perform from Outperform, citing valuation and concern that the company's margin expansion could moderate in 2015. The firm believes Cisco shares are fairly valued at $26. Less than a week ago, Morgan Stanley said its checks indicate the enterprise market is improving. The firm said it expects Cisco's outlook to be conservative and said concerns over rapid software-defined networking adoption and margin impact are overblown. Morgan Stanley has an Overweight rating with a $30 price target on Cisco. PRICE ACTION: In the last three months, Cisco has advanced about 9.5%. In afternoon trading ahead of tonight's report, Cisco shares are down 0.5% to $25.01.
11:41 EDTGOOGAmazon 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 EDTGOOG, TWTRActive equity options trading on open
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07:55 EDTHPQHP free cash flow upside thesis intact, says Brean Capital
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06:34 EDTGOOGGoogle coverage resumed with a Buy at Stifel
Target $700.
06:33 EDTTWTRTwitter coverage resumed with a Hold at Stifel
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06:13 EDTGOOGGartner: Google Chromebooks to reach 5.2M units in 2014, DigiTimes says
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06:06 EDTTWTRTwitter implied volatility of 42 at lower end of index mean range
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