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Stock Market & Financial Investment News

News Breaks
November 15, 2012
11:21 EDTAKAMAkamai calls active on renewed takeover over chatter
Akamai December 36 and 37 calls are active on total call volume of 9K contracts (1K puts). December and January call option implied volatility is at 33; below its 26-week average of 44 according to Track Data. Active call volume suggests traders are positioning for upside price movement for this frequent takeover name.
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July 24, 2014
10:03 EDTAKAMOn The Fly: Analyst Upgrade Summary
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07:58 EDTAKAMAkamai upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Akamai to Outperform based on revised 2H consensus margin forecasts and meetings with CDN competitors. The upgrade is not a call on the Q2 report but a longer-term call that media delivery revenue growth could grow in the mid-teens for the next few years driven by increased volumes from HD sporting and other content. Price target raised to $70 from $59.
July 10, 2014
08:24 EDTAKAMAkamai benefiting from current trends, says Oppenheimer
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