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Stock Market & Financial Investment News

News Breaks
March 26, 2012
05:55 EDTAXP, AXP, AXP, AMZN, AMZN, AMZN, AOL, AOL, AOL, NYT, NYT, NYT, CTCT, CTCT, CTCT, GOOG, GOOG, GOOG, LOCM, LOCM, LOCM, FSCI, FSCI, FSCI, GRPN, GRPN, GRPNBIA and Kelsey to co-host a conference
Interactive Local Media Conference East (ILM East) is being held in Boston on March 26-28.
News For AXP;AMZN;AOL;NYT;CTCT;GOOG;LOCM;FSCI;GRPN From The Last 14 Days
Check below for free stories on AXP;AMZN;AOL;NYT;CTCT;GOOG;LOCM;FSCI;GRPN the last two weeks.
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September 4, 2014
06:30 EDTGOOGIDC: Phablet shipments to pass PCs in 2014, tablets in 2015, DigiTimes reports
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06:22 EDTAMZNeBay to meet PayPal estimates despite competition, says Piper Jaffray
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06:16 EDTGOOGLuxottica's returning CEO says 'embarrassed’ by Google Glass, FT reports
Luxottica's (LUX) founder and returning CEO Leonardo Del Vecchio told the Financial Times earlier this week that he has not used Google Glass (GOOG) and that it would "embarrass [him] going around with that on my face." Luxottica signed a deal with Google earlier this year to develop the $1,500 interactive headset. Reference Link
September 3, 2014
13:50 EDTAMZNAmazon.com slips lower, levels to watch
The shares are down over 1% to $338.94. At that price next support is at $337.55, the session low. Resistance is at $340, an intraday pivot high.
13:02 EDTGOOGAbbVie, Calico announce collaboration
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11:08 EDTGOOGAppeals court upholds Google win in patent suit brought by buySAFE
A district court previously ruled that patent claims asserted by buySAFE were invalid because they cover subject matter ineligible for patenting. An appeals court agreed that the district court’s holding is correct and Google did not infringe. Reference Link
08:31 EDTAMZNAmazon CFO Thomas Szkutak to retire in June 2015
Amazon.com announced that Thomas J. Szkutak, Senior Vice President and CFO, will retire from the company in June 2015. Szkutak has been Amazon’s CFO since joining the company in October 2002 and oversees the controller, treasury, investor relations, tax, internal audit and facilities functions as well as financial management of the company’s business units. Brian T. Olsavsky, Vice President of Finance for the company’s global consumer business, will succeed Szkutak as CFO, reporting to Jeffrey P. Bezos, founder and CEO of Amazon. Szkutak and Olsavsky will work together to conduct a seamless transition of CFO responsibilities over the next 10 months.
07:32 EDTLOCMLocal reaches 'favorable' settlement in patent infringement litigation
Local announced that it has reached a "favorable" settlement agreement in its patent infringement action with Fry’s Electronics, Inc. The terms of the settlement are confidential. The company said, "Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100M. We believe we are well-positioned to explore the monetization of our other patent families as well, including our pay-per-call patents.”
07:31 EDTAOLDun & Bradstreet names Curtis Brown as CIO
Dun & Bradstreet (DNB) announced the appointment of Curtis Brown to the role of Chief Information Officer, reporting to COO Josh Peirez, effective immediately. Brown, who most recently served as Global Chief Technology Officer at AOL (AOL), assumes global responsibility for Dun & Bradstreet's expanding portfolio of technology, proprietary data and related intellectual property.
06:23 EDTGOOGGoogle satellite exec Greg Wyler leaves company, sources say, WSJ reports
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06:22 EDTGOOGGoogle, UCSB partner on hardware initiative
Google yesterday said it is backing a project to design and build "new quantum information processors" with researchers at the University of California at Santa Barbara. Google comments, "With an integrated hardware group the Quantum AI team will now be able to implement and test new designs for quantum optimization and inference processors based on recent theoretical insights as well as our learnings from the D-Wave quantum annealing architecture. We will continue to collaborate with D-Wave scientists and to experiment with the 'Vesuvius' machine at NASA Ames which will be upgraded to a 1000 qubit 'Washington' processor." Reference Link
06:06 EDTAOLAOL's Susan Lyne stepping down as brand CEO, Re/code reports
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September 2, 2014
14:26 EDTGOOGGoogle renames Google Enterprise products Google for Work
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11:27 EDTGRPNStocks with call strike movement; GRPN SCTY
Groupon (GRPN) January 8 call option implied volatility increased 3% to 54, SolarCity (SCTY) January 82.5 call option implied volatility increased 6% to 52 according to IVolatility.
10:02 EDTGRPNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Cabot Oil & Gas (COG) upgraded at Stifel... Century Aluminum (CENX) upgraded to Overweight from Equal Weight at Morgan Stanley... Groupon (GRPN) upgraded at RBC Capital... Hawaiian Electric (HE) upgraded to Neutral from Cautious at ISI Group... Life Time Fitness (LTM) upgraded to Overweight from Neutral at Piper Jaffray... Live Nation (LYV) upgraded to Buy from Neutral at Northcoast... Northrop Grumman (NOC) upgraded at RBC Capital... Panasonic (PCRFY) upgraded to Buy from Sell at CLSA... Progressive (PGR) upgraded at Goldman... RCS Capital (RCAP) upgraded to Buy from Neutral at Citigroup... SandRidge Energy (SD) upgraded at Stifel... Staples (SPLS) upgraded to Outperform from Neutral at Credit Suisse... Statoil (STO) upgraded to Buy from Hold at Deutsche Bank... Tenaris (TS) upgraded to Neutral from Sell at UBS... Tesla (TSLA) upgraded at Stifel... Ultratech (UTEK) upgraded to Outperform from Market Perform at Barrington... Volkswagen (VLKAY) upgraded to Outperform from Neutral at Exane BNP Paribas... Waddell & Reed (WDR) upgraded to Buy from Hold at Jefferies... Willis Group (WSH) upgraded to Outperform from Market Perform at Keefe Bruyette... zulily (ZU) upgraded to Buy from Fair Value at CRT Capital.
09:22 EDTGOOGGoogle expected to launch low-end smartphone soon, NDTV Gadgets reports
Google has sent out invitations to the media for an event on September 15 in India, according to NDTV Gadgets. The search engine giant is expected to launch a low-end smartphone known as Android One at the event, NDTV stated. Reference Link
08:58 EDTGOOG, AOLVringo preparing to seek further review of Court split decision
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07:14 EDTGRPNGroupon upgraded at RBC Capital
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06:34 EDTAMZNApple cuts iPad mini prices as non-Apple vendors may follow, DigiTimes says
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06:09 EDTGRPNGroupon upgraded to Sector Perform from Underperform at RBC Capital
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