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Stock Market & Financial Investment News

News Breaks
February 24, 2014
04:55 EDTAKAM, AKAM, AKAM, AKAM, AKAM, EMC, EMC, EMC, EMC, EMC, SWI, SWI, SWI, SWI, SWI, TIBX, TIBX, TIBX, TIBX, TIBX, MSFT, MSFT, MSFT, MSFT, MSFT, MA, MA, MA, MA, MA, EBAY, EBAY, EBAY, EBAY, EBAY, DFS, DFS, DFS, DFS, DFS, CA, CA, CA, CA, CA, BA, BA, BA, BA, BA, CUDA, CUDA, CUDA, CUDA, CUDARSA to hold a conference
RSA Conference USA 2014 is being held in San Francisco on February 24-28.
News For AKAM;BA;CA;DFS;EBAY;MA;MSFT;TIBX;SWI;EMC;CUDA From The Last 14 Days
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August 13, 2014
11:41 EDTEBAYAmazon 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.
09:31 EDTMAMasterCard, Web.com announce agreement
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09:16 EDTSWISolarWinds management to meet with JMP Securities
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08:04 EDTDFSDiscover management to meet with Deutsche Bank
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08:04 EDTTIBXTIBCO holder Praesidium urges company to conduct formal sale process
Praesidium Investment Management, which beneficially owns approximately 5.4M shares of TIBCO Software, announced last night that it sent a letter to TIBCO's Board of Directors, in which it stated in part: "We were happy to read in the Wall Street Journal that TIBCO Software has started to reach out to potential acquirers. We support the Company's exploration of a potential sale as a way to maximize shareholder value. However, the article states that the talks are not part of a formal process and are being spearheaded by TIBCO's CEO, Vivek Ranadive. We strongly believe that a rigorous, formal process is required in order for the Board to make a fully informed decision in good faith regarding whether a sale, a stand-alone strategy or another alternative is in the best interests of the Company's shareholders. In order to avoid conflicts of interest, we think that it is imperative that the Board form a special committee of independent directors and that the special committee engage with an investment bank and legal advisors...We believe the Board has an opportunity to create a significant amount of value for shareholders through a formal and well run sales process. Praesidium, as a large, long-term TIBCO shareholder, would be more than willing to assist the special committee in pursuit of maximizing value for TIBCO shareholders. We intend to provide the Board our analysis and views on who we see as the potential strategic acquirers and how TIBCO's products would fit with each."
06:32 EDTEBAYeBay coverage resumed with a Hold at Stifel
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06:09 EDTBABoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
06:08 EDTEBAYChannelAdvisor reports Amazon July SSS up 40.4%, eBay up 9.7%
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August 12, 2014
13:19 EDTMSFTSony says 10M PS4 consoles have been sold since launch, TechCrunch reports
Sony has sold 10M units of the PlayStation 4 consoles to consumers since its launch last year, TechCrunch reports, citing comments made by Sony Computer Entertainment Europe CEO Jim Ryan at Gamescom 2014. Reference Link
06:29 EDTBABoeing sees most defense arm reductions from supply chain, Reuters says
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06:27 EDTEBAYeBay down for U.K., European users, The Next Web reports
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August 11, 2014
15:19 EDTMSFTMicrosoft schedules event likely focused on Lumia phones, WMPoweruser says
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11:21 EDTTIBXTIBCO management to meet with JMP Securities
Meeting to be held in Palo Alto, CA on August 14 hosted by JMP Securities.
11:04 EDTSWIActive equity options trading on open
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06:50 EDTBAJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.
06:35 EDTMSFTMicrosoft Devices unveils low-cost Nokia 130 phone
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August 8, 2014
18:26 EDTBABoeing 787 production snags re-emerge at assembly plant, Reuters reports
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08:42 EDTMSFTMicrosoft has made strong progress in cloud, says Pacific Crest
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08:32 EDTEMC, MSFTVMware, others could benefit from increased cloud adoption, says Pacific Crest
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06:43 EDTBAReport says cold weather reason for Boeing battery meltdown, Reuters says
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