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Stock Market & Financial Investment News

News Breaks
November 6, 2012
16:31 EDTVVUS, GOOG, SREV, VRNG, CSC, AOLOn The Fly: Closing Wrap
Stocks on Wall Street were higher on Election Day as investors looked forward to some sense of certainty following the results. However, a very tight race, along with the hurricane that impacted the East Coast, make it unclear if a winner will be declared by tomorrow's start of trading... ECONOMIC EVENTS: Domestically, the Job Openings and Labor Turnover survey, or JOLTs report, showed job openings fell 100K to 3.56M in September from 3.66M in August. In Europe, a report showed that the shared currency area's business activity shrank in October at its steepest rate in over three years... COMPANY NEWS: Vringo (VRNG) was awarded $30M in damages plus royalties on its patents that were found by a jury to have been infringed by Google (GOOG), AOL (AOL) and others. Shares of Vringo, which was reported to have been seeking upwards of $600M in damages, were down 2c, or 0.51%, to $3.93 following the stock's resumption of trading after a midday halt... MAJOR MOVERS: Among the notable gainers were AOL, up $7.89, or 22.03%, to $43.70 after reporting Q3 earnings that beat consensus estimates, and Computer Sciences (CSC), up $5.34, or 16.97%, to $36.80 after the company raised its FY13 EPS view. Noteworthy losers included ServiceSource (SREV), down $3.11, or 37.92%, to $5.09 after the company lowered its FY12 growth view and the stock received at least four analyst downgrades, and VIVUS (VVUS), down $3.13, or 20.94%, to $11.82, after the company estimated about 30% of prescriptions for Qysimia, its obesity drug, are abandoned by patients because of non-coverage from insurers... INDICES: The Dow gained 133.24, or 1.02%, to 13,245.68; the Nasdaq rose 12.27, or 0.41%, to 3,011.93; and the S&P 500 advanced 11.13, or 0.79%, to 1,428.39.
News For AOL;VRNG;GOOG;CSC;SREV;VVUS From The Last 14 Days
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February 23, 2015
09:39 EDTGOOGActive equity options trading on open
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09:39 EDTGOOGYouTube confirms launch of kids app
Google's (GOOG, GOOGL) YouTube confirmed its launch of the YouTube Kids app, "the first Google product built from the ground up with little ones in mind," which the company said makes it safer and easier for children to find videos on topics they want to explore. The app is now available for free on Google Play and the App Store in the U.S. Reference Link
08:24 EDTGOOGGoogle Vietnam site disrupted by hackers, WSJ says
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08:19 EDTCSCCSC in talks to sell company to two buyers, dealReporter says
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06:31 EDTGOOGGoogle reaches preliminary agreement with Italian regulators, WSJ says
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February 20, 2015
07:42 EDTGOOGFDA authorizes 23andMe to market genetic testing for Bloom Syndrome
The U.S. Food and Drug Administration yesterday authorized for marketing Google-backed 23andMe’s Bloom Syndrome carrier test, a direct-to-consumer genetic test to determine whether a healthy person has a variant in a gene that could lead to their offspring inheriting the serious disorder. Along with this authorization, the FDA is also classifying carrier screening tests as class II. In addition, the FDA intends to exempt these devices from FDA premarket review. The agency plans to issue a notice that announces the intent to exempt these tests and that provides a 30-day period for public comment.
06:22 EDTGOOGYouTube to release stand-alone app for kids, WSJ says
Google's YouTube is planning to release a smartphone and tablet app for kids featuring original episodes of television shows including "Thomas the Tank Engine" and "Sesame Street," as well as content from existing YouTube kids channels, reports the Wall Street Journal, citing a person familiar with the matter. The app -- slated for an official reveal Monday at the Kidscreen Summit -- will initially only be available for Android devices. The source said the inclusion of ads is "under discussion." Reference Link
February 19, 2015
09:14 EDTAOLAOL reports AOL Mail outages
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06:34 EDTGOOGYouTube to unveil paid music service soon, Reuters reports
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February 18, 2015
15:15 EDTGOOGAngie's List could be more attractive to buyers given traction, says Barrington
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11:49 EDTGOOGFacebook CEO would 'love to work with Google' on connectivity, Bloomberg says
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07:48 EDTGOOGYandex requests anti-trust investigation against Google, TechCrunch says
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07:06 EDTGOOGGoogle Capital hiring for India expansion, WSJ says
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06:20 EDTGOOGApple awarded patent for wireless head-mounted display, Financial Times reports
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February 17, 2015
18:17 EDTCSCJANA Partners gives quarterly update on stakes
NEW STAKES: NCR (NCR), Liberty Ventures (LVNTA), Solarcity (SCTY), Computer Sciences Corp (CSC), Salix (SLXP), and Applied Materials (AMAT). INCREASED STAKES: Hertz (HTZ), Valeant (VRX), Walgreens Boots Alliance (WBA), Rackspace (RAX), and HD Supply (HDS). DECREASED STAKES: AIG (AIG), Actavis (ACT), Charter (CHTR), AerCap (AER), and Energy Transfer Equity (ETE). LIQUIDATED STAKES: Equinix (EQIX), Cameron International (CAM), Dollar General (DG), QEP Resources (QEP), and Amgen (AMGN).
12:12 EDTGOOGAT&T to match Google Fiber speed, pricing in Kansas City area, KC Star says
AT&T (T) announced on Sunday that it would offer Internet service in Kansas City and several of itssuburbs, with the same speed and pricing as Internet service provided by Google's Google Fiber service in the region, according to The Kansas City Star. Reference Link
10:31 EDTGOOGApple rises as analysts applaud reported auto ambitions
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09:22 EDTVRNGVringo announces litigation against ZTE transferred to Southern District of NY
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08:50 EDTGOOGGoogle launches Chinese YouTube channel for app developers, TechCrunch says
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February 15, 2015
13:19 EDTAOLAOL announces strategic partnership with The Players’ Tribune
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