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Stock Market & Financial Investment News

News Breaks
February 13, 2014
05:14 EDTCMCSA, AAPL, TWC, ARRSJefferies still positive on ARRIS amid reports of Apple set top box
Jefferies says shares of ARRIS (ARRS) traded lower yesterday following reports that Apple (AAPL) may be working with Time Warner Cable (TWC) to introduce a new set top box. Jefferies says its thesis on ARRIS shares has not changed since itís not clear Apple's product would fully replace a cable set top box. The firm also thinks Comcast (CMCSA) is very unlikely to embrace Apple TV. Jefferies keeps a Buy rating on ARRIS with a $30 price target.
News For ARRS;AAPL;CMCSA;TWC From The Last 14 Days
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April 7, 2015
09:52 EDTAAPLApple retail chief instructs staff to push Apple Store shoppers online, BI says
Apple retail chief Angela Ahrendts wants staff at Apple Stores to push customers to order the Apple Watch and the new MacBook online instead of buying in physical stores, Business Insider reports, citing a memo. The memo notes that "This is a significant change in mindset" and will help ensure guaranteed delivery of the Apple products. Reference Link
09:35 EDTAAPLActive equity options trading on open
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09:03 EDTCMCSAEA, Illumination Entertainment, Universal Partnerships announce collaboration
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08:07 EDTCMCSAComcast expands fiber network throughout Denver metro area
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06:46 EDTAAPLApple Pay, Google Wallet could see competition from CurrentC, Macworld says
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06:25 EDTAAPLMicrosoft close to have alternative to Apple Pay, Business Insider reports
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06:19 EDTAAPLApple quietly acquired Ottocat 'some time ago,' TechCrunch reports
Apple quietly bought Ottocat, a startup that has developed a system to organize apps on its app store based on "nested" categories, TechCrunch reports. Terms of the acquisition, which is said to have closed "some time ago," have not been disclosed. A version of Ottocat's system currently powers the "explore" tab in Apple's App Store, TechCrunch says. Reference Link
April 6, 2015
19:42 EDTAAPLSurvey of iPhone, iPad users indicates preference for Google search, BI says
48% of Apple (AAPL) iPhone and iPad users report that if Yahoo (YHOO) were to acquire default search engine rights for Apple's Safari browser, they would manually switch the default search back to Google (GOOG), reports Business Insider, citing a survey of roughly 500 Apple users by Goldman Sachs tech analysts. 4% of the surveyed users stated they would intentionally keep Yahoo as the default. Reference Link
16:00 EDTAAPLOptions Update; April 6, 2015
iPath S&P 500 VIX Short-Term Futures down 51c to 24.53. Option volume leaders: AAPL TSLA VZ TWTR BIDU RIG NFLX AMZN KO PBR according to Track Data.
14:04 EDTCMCSAIMAX says Universal's Furious 7 grosses $20.8M in IMAX theatres
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10:23 EDTAAPLApple Maps searches no longer showing just Yelp, AppleInsider reports
Searches on Apple (AAPL) Maps, which previously relied solely on Yelp (YELP) to provide reviews for local search, are now pulling results from TripAdvisor (TRIP) and Priceline's (PCLN) Booking.com, AppleInsider reported yesterday. Neither TripAdvisor or Booking.com are listed as sources on Apple's official Maps attribution webpage, but reviews with links to their respective webpages and apps are now appearing in Maps queries, the blog added. Shares of Yelp are down 1% to $46.67 in early trading. Reference Link
10:01 EDTCMCSAWeather Channel's core buiness facing 'major' threat, WSJ reports
The Weather Channel, which is owned by a consortium made up of NBCUniversal (CMCSA) and private equity firms Bain Capital and The Blackstone Group (BX), was dropped last month from Verizon's (VZ) FiOS TV service, and now the channel's backers are preparing for the possibility of being dropped by Dish Network (DISH), sources tell The Wall Street Journal. Though The Weather Channel is facing a "major" threat to its core business, the fees it collects from the pay-TV providers, the sources say that no formal sale by the company's owners is under way. Reference Link
09:36 EDTAAPLActive equity options trading on open
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09:31 EDTCMCSAComcast Business to expand Ethernet in East Bay with $2M fiber extension
Comcast Business announced an expansion of its multi-gigabit Ethernet service to three business parks in the Northern California towns of Pleasanton, Hayward and Fremont. The high-speed fiber-based network build outs together total close to $2M in investment by Comcast in the East Bay, making available reliable Internet speeds to the more than 1,500 businesses in the community by offering reliable Internet speeds up to 20 times faster than traditional 1.5 Mbps DSL or T-1 service.
07:29 EDTAAPLApple Watch cannot launch in Switzerland due to patent issue, Reuters says
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06:20 EDTAAPLGarmin downgraded to Sell from Buy at Citigroup
Citigroup analyst Jeremy David downgraded Garmin two notches to Sell from Buy saying competitive pressures are likely to stall the growth of the company's GPS fitness watch business. He also thinks revenue trends in Garmin's Outdoor segment could disappoint as the year progresses. David expects Garmin to miss consensus earnings and revenue expectations in Q1 and views the Apple (AAPL) Watch launch as another potential negative catalyst for shares. He cut his price target for the stock to $42 from $68. Shares of the navigation and information device maker closed Thursday down 58c to $46.49 after Goldman Sachs downgraded the stock Neutral from Buy.
06:11 EDTAAPLSamsung expected to win A9 chip orders for next iPhone, Bloomberg reports
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April 5, 2015
18:34 EDTCMCSAComcast's 'Furious 7' leads at weekend box office with $143.6M
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16:56 EDTAAPLEU considers major probe into Internet platforms, WSJ says
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09:10 EDTAAPLApple Watch to be sold by appointment only, Barron's says
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