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Stock Market & Financial Investment News

News Breaks
January 24, 2013
10:11 EDTENR, AAPL, ALB, AIG, FLS, SWC, RWT, NFLX, PLOW, ALTR, ABBV, RKT, VECO, SWY, PRI, MHR, CPA, ATI, MLNX, APD, TIF, RGA, PKYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Albermarle (ALB) downgraded to Hold from Buy at Deutsche Bank... Allegheny Technologies (ATI) downgraded to Neutral from Buy at Goldman... Altera (ALTR) downgraded to Market Perform from Outperform at William Blair... Apple (AAPL) downgraded to Hold from Buy at Jefferies... Coach (COH) downgraded to Neutral from Buy at ISI Group... Copa Holdings (CPA) downgraded to Neutral from Buy at Goldman... Douglas Dynamics (PLOW) downgraded to Neutral from Outperform at Credit Suisse... Energizer (ENR) downgraded to Market Perform from Outperform at BMO Capital... Magnum Hunter (MHR) downgraded to Hold from Buy at Jefferies... Netflix (NFLX) downgraded to Neutral from Outperform at Credit Suisse... Parkway Properties (PKY) downgraded to Sell from Hold at Cantor... Primerica (PRI) downgraded to Reduce from Neutral at SunTrust... Redwood Trust (RWT) downgraded to Market Perform from Outperform at JMP Securities... Reinsurance Group (RGA) downgraded to Equal Weight from Overweight at Morgan Stanley... Safeway (SWY) downgraded to Underweight from Equal Weight at Barclays... Stillwater Mining (SWC) downgraded to Neutral from Outperform at Credit Suisse... Tiffany (TIF) downgraded to Hold from Buy at Canaccord... Veeco (VECO) downgraded to Neutral from Buy at UBS... Flowserve (FLS) downgraded to Neutral from Outperform at Wedbush... Air Products (APD) downgraded to Neutral from Positive at Susquehanna... Rock-Tenn (RKT) downgraded to Underperform from Outperform at CLSA... IAMGOLD (IAG) downgraded to Hold from Buy at Stifel Nicolaus... Mellanox (MLNX) downgraded to Hold from Buy at Craig-Hallum... AbbVie (ABBV) downgraded to Neutral from Long-Term Buy at Hilliard Lyons.
News For ALB;ATI;ALTR;AAPL;CPA;PLOW;ENR;MHR;NFLX;PKY;PRI;RWT;RGA;SWY;SWC;TIF;VECO;FLS;APD;RKT;AIG;MLNX;ABBV From The Last 14 Days
Check below for free stories on ALB;ATI;ALTR;AAPL;CPA;PLOW;ENR;MHR;NFLX;PKY;PRI;RWT;RGA;SWY;SWC;TIF;VECO;FLS;APD;RKT;AIG;MLNX;ABBV the last two weeks.
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May 22, 2013
12:07 EDTAAPLConsumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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09:42 EDTAAPLApple rises in early trading, levels to watch
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09:39 EDTAAPLActive equity option families trading
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07:10 EDTAAPLApple bonds lose $280.6M as rates increase, Bloomberg reports
Apple’s bonds have lost $280.6M of market value since buyers bought $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, reports Bloomberg.Reference Link
07:09 EDTAAPLApple used unusual tax loophole in Ireland to shelter billions, Reuters reports
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06:25 EDTVECOGlobal LED tube light shipments to reach 220M units in 2013, DigiTimes says
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06:02 EDTAAPLOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
16:04 EDTAAPLOptions Update; May 21, 2013
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13:17 EDTNFLXNetflix says Ricky Gervais' original series to debut September 12
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09:42 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
09:34 EDTAAPLApple trades lower, levels to watch
The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46.
08:44 EDTAIGRegulators to soon vote on non-banks, WSJ reports
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08:42 EDTRGAReinsurance Group to host investor day
Investor Day to be held in New York on May 23 at 8:30 am. Webcast Link
08:12 EDTAAPLSenate Homeland Security and Governmental Affairs Committee to hold a hearing
The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link
07:50 EDTAAPLIreland rejects allegations that it's a tax haven, FT reports
Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link
07:05 EDTAAPLSenate report says Apple avoided paying taxes on $44B of income, Politico says
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06:37 EDTVECORevenues for LED drivers to triple by 2015, Digitimes reports
Global revenues for LED ddrivers used in general lighting applications is expected to triple by 2015, reports DigiTimes. Citing IMS Research, the market governing LED driver ICs will surge to $666M in 2015 from $214M in 2012. Reference Link
May 20, 2013
17:12 EDTAAPLApple has avoided paying taxes on operations for five years, U.S. Senate says
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17:11 EDTAAPLApple Operations International has no physical presence, says Senator Levin
Apple Operations International has no physical presence and no employees, according to Senator Levin. Two of three directors are Apple employees, based in the U.S., the Senator added.
16:02 EDTAAPLOptions Update; May 20, 2013
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