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Stock Market & Financial Investment News

News Breaks
April 9, 2012
12:15 EDTAOL, MSFT, CALL, GOLD, MOH, CNC, ITMNOn The Fly: Mid-Day Wrap
Stocks on Wall Street were lower at mid-day, in a delayed reaction to Friday's disappointing jobs report. Investors and analysts continue after the long weekend to try to connect the dots to determine whether this report is a sign of a slow down in the economic recovery or if it indicates a pause. The move today is broad based, as all of the S&P sectors are lower and at one point 99% of all the S&P 500 stocks were lower. The averages have shown virtually no improvement since the open and continue to drift. The lack of economic data today has left investors with nothing new to focus on to move past the jobs report... ECONOMIC EVENTS: Domestically, little of note was on the economic calendar, leaving investors to react to the disappointment from the the 120K increase in nonfarm payrolls reported Friday while the equity markets were closed. Internationally, the Nikkei was down and the Hang Seng and the European markets were closed... COMPANY NEWS: AOL (AOL) shares surged over 45% after the company agreed to sell over 800 of its patents to Microsoft (MSFT) for a bit over $1B. Microsoft's stock was down close to 1% near noon following the announcement... MAJOR MOVERS: Among the notable gainers were magicJack (CALL), after it provided guidance above the Street's view and said it will look to increase its stock buyback program, and Randgold (GOLD), after the company said its gold production and 2012 production guidance were not affected by a coup in Mali. Noteworthy losers included Molina Healthcare (MOH) and Centene (CNC), after the state of Ohio did not renew its Medicaid contract with the two companies. Also lower were shares of InterMune (ITMN), following a downgrade to Sector Perform at RBC Capital... INDICES: Near noon, the Dow was down 138.38, or 1.06%, to 12,921.76; the Nasdaq was down 34.41, or 1.12%, to 3,046.09; and the S&P 500 was down 16.86, or 1.21%, to 1,381.22.
News For AOL;MSFT;CALL;GOLD;MOH;CNC;ITMN From The Last 14 Days
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October 20, 2014
07:06 EDTMSFTNICE Systems solution qualified to support Microsoft Lync
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October 19, 2014
20:41 EDTMSFTMicrosoft plans smartwatch launch within weeks, Forbes says
Microsoft (MSFT) is planning a smart watch launch within the next few weeks, Forbes says.The smart watch will passively keep track of the wearer’s heart rate and work across different mobile platforms, added Forbes. Apple (AAPL) has delayed its own smartwatch launch to early 2015 according to the report. Reference Link
October 17, 2014
11:27 EDTMSFTMicrosoft October weekly volatility elevated into Q1 and outlook
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06:30 EDTMSFTNPD: Sony PlayStation4 outsells XBox One in September, GameSpot reports
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06:26 EDTMSFTSony says PS4 September's top-selling console
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October 16, 2014
06:00 EDTMSFTMicrosoft says working with YouTube to reinstate content inadvertently removed
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October 15, 2014
09:04 EDTMSFTMicrosoft partners with Docker for container applications
Microsoft and Docker Inc. announced a strategic partnership to provide Docker with support for new container technologies that will be delivered in a future release of Windows Server. Developers and organizations that want to create container applications using Docker will be able to use either Windows Server or Linux.
07:27 EDTMOHModern Healthcare to hold a virtual conference
Building Tomorrow's Delivery Model: Forging a Path to Value is being held on October 15 at 9:30 am. Webcast Link
06:39 EDTMSFTChina's reponse to Xbox One 'chilly,' Business Insider reports
Sales of Microsoft's Xbox One in China began nearly two weeks ago, and signs indicate that the response has been "chilly," Business Insider reports. Reference Link
06:32 EDTMSFTTablet supply chains expect lagging orders in Q4, DigiTimes reports
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October 14, 2014
09:25 EDTMSFTMicrosoft may want to consider split, says BGC Financial
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06:46 EDTMSFTFirm indicates vulnerability in Microsoft Windows used by Russian hackers
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06:32 EDTMSFTMicrosoft says hit 1M registrants to test Windows 10 preview version
Microsoft says on its Windows blog that it hit 1M registrants for the Windows Insider Program to test the preview version of Windows 10. The company says it has received 200,000 items of user feedback. Reference Link
October 13, 2014
16:33 EDTMSFTMicrosoft and Salesforce.com unveil new joint solutions
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16:04 EDTMSFTSkullcandy announces two ASTRO headsets compatible with Xbox One
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13:10 EDTMSFTGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
12:13 EDTAOLYahoo upgraded as BGC sees higher chances for tax efficient monetization
Research firm BGC Partners upgraded its rating on Yahoo (YHOO) to Buy from Hold, saying that the chances of the company monetizing its assets in a more tax efficient manner have increased now that Alibaba (BABA) has come public. Among the possible scenarios, Yahoo may be acquired by Alibaba, the firm added. WHAT'S NEW: Yahoo's chances of paying a relatively low tax rate on the sale of its stakes in Alibaba and Yahoo Japan, a Japanese Internet company, have risen, BGC Financial analyst Colin Gillis stated. Yahoo could owe up to $15B of taxes on its sale of the assets, the analyst estimated. If Yahoo pays full tax liability, its stakes would be worth $43.5B. If it pays no taxes, the assets would be worth $58.5B, he estimated. Gillis set his price target on Yahoo at $50, representing the midpoint of the two scenarios, he stated. Among various scenarios that could play out, Alibaba could choose to buy Yahoo and subsequently unload Yahoo's core business and the American company's stake in Yahoo Japan, the analyst said. Yahoo shareholders could receive cash and shares of Alibaba as part of such a deal, Gillis stated. If Yahoo is not acquired by Alibaba, the American company should combine with AOL (AOL), as recently proposed by activist investor Starboard Value, Gillis contended. Merging with AOL could accelerate Yahoo's revenue growth by over 50% and increase its EBITDA by over 35%, Gillis estimated. PRICE ACTION: In early afternoon trading, Yahoo fell 1% to $39.18.
09:09 EDTMSFTMicrosoft Q1 results likely to beat expectations, says Bernstein
Bernstein believes that Microsoft's cloud business continues to grow, and it expects adoption of the company's cloud products to accelerate this quarter. The firm reiterates a $56 price target and Outperform rating on the shares.
07:15 EDTMSFTNational Association of Corporate Directors to hold a conference
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05:23 EDTGOLDRandgold upgraded to Buy from Neutral at UBS
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