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Stock Market & Financial Investment News

News Breaks
November 26, 2012
10:00 EDTANAD, SQNM, CSGP, YHOO, RIMM, MOS, LMT, KCG, IMO, FB, EXC, ETN, BCS, AKSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ANADIGICS (ANAD) upgraded to Buy from Hold at Needham... Barclays (BCS) upgraded to Overweight from Neutral at JPMorgan... Broadcom (BRCM) upgraded to Buy from Hold at Benchmark Co... Eaton (ETN) upgraded to Neutral from Underweight at Atlantic Equities... Exelon (EXC) upgraded to Buy from Hold at Deutsche Bank... Facebook (FB) upgraded to Outperform from Market Perform at Bernstein... Imperial Oil (IMO) upgraded to Sector Performer from Sector Underperformer at CIBC... Knight Capital (KCG) upgraded to Market Perform from Underperform at Keefe Bruyette... Lockheed Martin (LMT) upgraded to Outperform from Market Perform at Bernstein... Mosaic (MOS) upgraded to Overweight from Neutral at Atlantic Equities... Research in Motion (RIMM) upgraded to Sector Outperformer from Underperformer at CIBC... Yahoo! (YHOO) upgraded to Conviction Buy from Buy at Goldman... CoStar Group (CSGP) upgraded to Overweight from Equal Weight at Stephens... Sequenom (SQNM) upgraded to Overweight from Equal Weight at Stephens... AK Steel (AKS) upgraded to Neutral from Sell at UBS.
News For ANAD;BCS;ETN;EXC;FB;IMO;KCG;LMT;MOS;RIMM;YHOO;CSGP;SQNM;AKS From The Last 14 Days
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October 7, 2014
09:40 EDTYHOOYahoo lays off up to 2,000 employees in India, TechCrunch reports
Yahoo has laid off up to 2,000 employees in India as a result of a move to consolidate into fewer offices, TechCrunch reports, citing local blog The Next Big What. Yahoo has confirmed the consolidation, but did not confirm how many people are affected by the effort. Reference Link
09:24 EDTSQNMMaxim recommends buying Sequenom
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09:24 EDTYHOOFormer Yahoo CFO says AOL merger makes 'little sense,' CNBC reports
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09:01 EDTSQNMSequenom acquisition a strategic positive, says Maxim
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07:35 EDTBCSBarclays to hold a symposium
MedTalks Symposium: Healthcare From the Inside Out is being held in New York on October 7.
06:51 EDTBCSJustice Department set to attack more large banks by year end, NY Times says
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06:43 EDTFBGM using Facebook, calls to reach out and get recalled cars fixed, AP reports
General Motors (GM) is using Facebook (FB) messages and phone calls to reach out to vehicle owners who have yet to bring in their cars the company has recalled, reports the Associated Press. CEO Mary Barra has also sent a personal letter urging people to get the switches replaced. Reference Link
October 6, 2014
16:33 EDTSQNMSequenom acquires noninvasive prenatal testing intellectual property for $14.55M
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16:00 EDTFBOptions Update; October 6, 2014
iPath S&P 500 VIX Short-Term Futures up 46c to 30.08. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX HPQ C RSH CLF PBR according to Track Data.
13:47 EDTFBFacebook acquisition cost of WhatsApp increased to $22B from $19B, Reuters says
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13:18 EDTYHOOYahoo confirms compromised servers
In an email to cyber security expert Jonathan Hall, Yahoo confirmed that Hall had discovered the process that a group of Romanian hackers used to infiltrate the website. Hall had also found the hackers' methods for their breach of the websites of WinZip and Lycos. The email written by Yahoo's Ricky Connell who is involved with the company's paranoids, threat response, intelligence said, "We've found the tracks mentioned in your email and are working through our IR process." Reference Link
12:34 EDTYHOOYahoo confirms breach, says hack didn't disclose customer data, Bloomberg says
Bloomberg cites an emailed statement from Yahoo about a breach of its servers related to the "shellshock" bug.
09:46 EDTFBFacebook completes acquisition of WhatsApp
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08:56 EDTFBFacebook's shuttle bus drivers look to join union, NY Times reports
Facebook shuttle bus drivers, complaining of grueling 15-hour workdays, are seeking representation by the Teamsters union, the New York Times reports. Reference Link
07:51 EDTBCSBofA/Merrill European banks analysts hold an analyst/industry conference call
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07:35 EDTETNEaton price target lowered to $70-$73 from $80-$83 at Wells Fargo
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06:43 EDTFBFacebook has obtained $2B in legal judgments against spammers
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06:40 EDTFBHackers discover Facebook experimenting with Messenger payments, TechCrunch says
Hackers have discovered that Facebook is experimenting with payments in its Messenger app, TechCrunch reports. It is unclear whether Facebook will monetize Messenger by charging a small fee for money transfers, or would offer the functionality for free to drive usage of the standalone Messenger app. Reference Link
06:37 EDTYHOOYahoo planning big brand marketing push, AdAge says
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06:08 EDTYHOOYahoo in talks to invest in Snapchat, WSJ reports
Yahoo (YHOO) is reportedly in talks to invest in Snapchat, the Wall Street Journal reported on Friday. The deal discussions come on the heels of Alibaba’s (BABA) IPO, the Journal says. According to sources, Yahoo has committed to an investment in Snapchat at a $10B valuation, and one source says Yahoo could invest around $20M. Reference Link
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