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Stock Market & Financial Investment News

News For HPQ;DELL;BAC;INTC;C;AMZN;CLF From The Last 14 Days
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May 12, 2015
07:48 EDTCStandard & Poor's to hold a summit
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May 11, 2015
16:00 EDTBACOptions Update; May 11, 2015
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09:58 EDTC, BACBarclays expected to pay GBP2B to settle forex rigging charges, FT says
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09:37 EDTBACActive equity options trading on open
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09:28 EDTCCiti says DOJ talks could include guilty plea on antitrust charge
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09:14 EDTCCiti says DOJ declined prosecution with respect to LIBOR
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09:03 EDTAMZNAmazon.com to open fulfillment center in Carteret, NJ
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08:18 EDTC, BACBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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07:50 EDTHPQHP awarded IT services contract by California WCDS
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06:32 EDTINTCIntel management to meet with FBR Capital
Meetings to be held in Boston/New York May 11-14 hosted by FBR Capital.
06:11 EDTAMZNStudy: Jet.com has lower prices than Amazon '94% of the time,' WSJ reports
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May 10, 2015
20:03 EDTCCiti, JPMorgan, UBS consider exiting U.K., Financial Times says
Citi (C), JPMorgan (JPM), and UBS (UBS) are considering exiting their London operations due to the U.K.'s bank levy, reports the Financial Times, citing people familiar with the matter. There is particular focus among the banks to reduce repurchase agreements, said three senior industry figures. The Financial Times notes that the recent Conservative win could see political maneuvers to reduce or renegotiate the levy, potentially persuading the banks to stay. Reference Link
13:48 EDTHPQ3D Systems stock may tumble another 30%, Barron's says
Shares of 3D Systems (DDD) could lose another 30% as the company faces development delays, low demand, and the entry of Hewlett-Packard (HPQ) into the market by 2016, Barron's contends in its "Follow Up" column. Barron's maintains its price forecast of $15. Reference Link
May 8, 2015
16:05 EDTBACOptions Update; May 8, 2015
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13:09 EDTAMZNCiti says 'sell in May, go away' on Twitter, LinkedIn, Zillow
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09:56 EDTAMZNAmazon Fresh expands to parts of Northern New Jersey, Re/code reports
Amazon Fresh, Amazon's grocery delivery business, has been quietly expanded to reach parts of Northern New Jersey, including Hoboken, Edison and Paramus, Re/code reports. Amazon began delivering groceries to Manhattan and Brooklyn in last eight months. Reference Link
09:36 EDTBAC, AMZNActive equity options trading on open:
Active equity options trading on open: AAPL BABA FB DIS MSFT TSLA NFLX AMZN BAC
06:48 EDTBACBanks to erase debt of bankrupt consumers from reports, NY Times says
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06:35 EDTBACShareholder support for Bank of America board drops, Reuters says
None of the four Bank of America directors up for reelection this week received more than 71.9% of votes, according to Reuters. Last year, none of the directors received less than 98% of votes, the news service stated. Reference Link
06:22 EDTAMZNCitigroup sees internet stocks underperforming this summer
Citigroup analyst Mark May says that even with the recent share pullbacks, the broader internet index has still meaningfully outperformed broader indices year-to-date. The group is nearing peak valuations, which could lead to underperformance through the summer, May tells investors today in a research note. He recommends avoiding shares of Twitter (TWTR), LinkedIn (LNKD) and Zillow Group (Z), as the companies are going through business transitions. The analyst believes Amazon.com (AMZN), eBay (EBAY), Yelp (YELP), Netflix (NFLX), GrubHub (GRUB) and Facebook (FB) have company specific factors that should enable them to outperform the internet group over the near term.
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