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Stock Market & Financial Investment News

News For AMZN;AAPL From The Last 14 Days
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August 25, 2015
09:03 EDTAMZNAmazon says Prime Now launches in Seattle
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08:43 EDTAAPLBest Buy to sell Apple Care in stores this quarter
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07:22 EDTAAPLWells Fargo says Apple correction overdone, upgrades to Outperform
Wells Fargo analyst Maynard Um said that his fundamental stance on Apple's challenges is unchanged, but that the stock's decline of roughly 22% since mid-July is an overdone correction, prompting him to upgrade the stock to Outperform from Market Perform. Um added that Tim Cook's email regarding iPhone activation growth in China having recently accelerated gives better visibility to the September quarter and that Apple's third party manufacturing and component commitments suggest upside potential to the company's revenue guidance. The firm has a $125-$135 price target range on Apple shares.
06:19 EDTAAPLApple upgraded to Outperform from Market Perform at Wells Fargo
August 24, 2015
18:19 EDTAMZNAmazon hardware executive takes job at Google, Re/code says
Jon McCormack, CTO of Amazon's (AMZN) Devices unit, has left the company for the second time in one year to work in Google's (GOOG) Advanced Technologies and Products, or ATAP, arm, Re/code reported earlier. The report adds that one of ATAP's projects is the modular smartphone concept "Ara," which recently targeted a 2016 U.S. launch. Reference Link
18:02 EDTAMZNS&P 500 enters correction territory amid global growth concerns
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16:23 EDTAAPLOn The Fly: Top stock stories for Monday
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16:00 EDTAAPLOptions Update; August 24, 2015
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14:54 EDTAAPLApple CEO may have broken SEC rules with email, MarketWatch says
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14:52 EDTAMZNAmazon.com fades, levels to watch
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13:42 EDTAAPLApple goes negative on the session, levels to watch
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12:17 EDTAAPLOn The Fly: Top stock stories at midday
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11:46 EDTAAPLApple turns positive on the session
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11:05 EDTAAPLStocks with call strike movement; FB AAPL
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10:58 EDTAMZNStocks with call strike movement; AMZN TWTR
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10:23 EDTAAPLApple continues to edge up off earlier lows
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10:12 EDTAAPLApple China concerns 'way overblown,' says Cantor
Cantor Fitzgerald analyst Brian White attributes the slide in Apple shares to growing fears regarding China, but White believes those concerns have been "way overblown" and have pushed the stock to a "severely depressed" valuation. Even if EPS estimates for calendar year 2016 are only 50% of the firm's current projection, the stock is trading at a multiple of "just 14.5x" that projection, notes White, who "highly" doubts that even a global recession would drive Apple's results to slide that far. White reiterates a Buy rating and $195 price target on shares of Apple, which are down 2% to $103.65 in early trading this morning.
10:02 EDTAMZNAmazon.com levels to watch
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09:44 EDTAAPLApple drops sharply, cuts losses
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09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL FB BAC NFLX
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