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Stock Market & Financial Investment News

News Breaks
November 28, 2012
10:00 EDTWDAY, LNKD, AMZN, GALE, YHOO, VOD, IDIX, BPZ, EBAY, P, GOOG, CHKPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with an Outperform at Cowen... Google (GOOG) initiated with an Outperform at Cowen... Idenix (IDIX) initiated with a Buy at Deutsche Bank... InterActiveCorp (IACI) initiated with a Neutral at Cowen... LinkedIn (LNKD) initiated with a Neutral at Cowen... Netflix (NFLX) initiated with a Neutral at Cowen... Pandora (P) initiated with a Neutral at Cowen... Vodafone (VOD) initiated with an Outperform at RW Baird... Workday (WDAY) initiated with a Neutral at Piper Jaffray... Yahoo! (YHOO) initiated with a Neutral at Cowen... eBay (EBAY) initiated with a Neutral at Cowen... Check Point (CHKP) initiated with a Market Perform at BMO Capital... BPZ Resources (BPZ) initiated with an Accumulate at Global Hunter... Galena Biopharma (GALE) initiated with a Buy at Aegis.
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May 22, 2013
11:48 EDTVODVodafone named a long Research Tactical Idea at Morgan Stanley
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10:37 EDTPPandora extends Facebook partnership with timeline App
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09:52 EDTPPandora downgraded to Market Perform from Overweight at Albert Fried
Albert Fried downgraded Pandora due to valuation.
09:39 EDTGOOGActive equity option families trading
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09:07 EDTAMZNAmazon introduces 'Kindle Worlds' commercial publishing platform for fan fiction
Amazon Publishing announced Kindle Worlds, the first commercial publishing platform that will enable any writer to create fan fiction based on a range of original stories and characters and earn royalties for doing so. Amazon Publishing has secured licenses from Warner Bros. Television Group’s Alloy Entertainment division for its series Gossip Girl, Pretty Little Liars, and Vampire Diaries and plans to announce more licenses soon, the company said. Through these licenses, Kindle Worlds will allow any writer to publish authorized stories inspired by these Worlds and make them available for readers to purchase in the Kindle Store. Amazon Publishing will pay royalties to both the rights holders of the Worlds and the author.
08:42 EDTVODVodafone an attractive way to play trends at Verizon Wireless, says RW Baird at RW Baird
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08:30 EDTPPandora price target raised to $20 from $16 at Needham
Needham raised its estimates and price target for Pandora citing profits from listening caps on mobile devices. The firm keeps a Buy rating on the stock.
07:58 EDTGALEGalena Biopharma initiated with an Outperform at JMP Securities
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07:08 EDTVODPhone companies start selling subscriber data, WSJ reports
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06:20 EDTGALEGalena Biopharma initiated with an Outperform at JMP Securities
06:16 EDTYHOOFrance Telecom to invest up to $64M in Dailymotion, Reuters reports
France Telecom (FTE) plans to invest about $64M its video-sharing website Dailymotion and begin a new search for a partner this fall, according to CEO Stephane Richard, reports Reuters. He said that "the door is not closed" to Yahoo (YHOO), which had been in talks to buy a 75 % stake in Dailymotion in a deal that would have valued Europe's largest video website at $300M.Reference Link
06:02 EDTVODOn 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
19:39 EDTGOOGGoogle tax behavior to be criticized by U.K. party leader, Reuters says
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14:25 EDTEBAYRadioShack to introduce PayPal in all stores this month, Reuters says
RadioShack (RSH) will introduce PayPal, the online payment system owned by eBay (EBAY), in all of its retail stores starting this month, reports Reuters. Reference Link
11:50 EDTPPandora June volatility elevated as shares trend higher into Q1
Pandora June call option implied volatility is at 79, July is at 66, September is at 64; compared to its 26-week average of 65 according to Track Data, suggesting larger price movement into the expected release ofQ1 results on May 23.
10:42 EDTGOOGGoogle tests support at $900, levels to watch
The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87.
10:20 EDTYHOOYahoo CEO says impact of Tumblr, other deals should be seen in 2014
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10:00 EDTLNKDOn The Fly: Analyst Initiation Summary
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09:07 EDTAMZNAmazon.ca introduces Amazon Cloud Drive for Canada
All customers get 5 GB of free storage. Additional storage plans start at C$10 a year, the company said.
08:50 EDTLNKDLinkedIn initiated with a Buy at BGC Partners
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