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Stock Market & Financial Investment News

News Breaks
January 28, 2013
10:19 EDTBBY, AMZN, AAPLBest Buy advances after BB&T ups rating to Buy
Best Buy (BBY) is climbing after BB&T analyst Anthony Chukumba upgraded the stock to Buy from Hold in a note to investors earlier today. Several positive near-term catalysts bode well for the company's outlook, the analyst wrote. Amazon's (AMZN) threat to Best Buy is declining, as more states implement online sales taxes and more consumer electronic companies are enforcing standardized pricing online, the analyst wrote. Also helping Best Buy is a new management team with a successful turnaround record, added Chukumba, who has a $21 price target on Best Buy shares. In mid-morning trading, Best Buy rose 25c, or 1.58%, to $16.03.
News For BBY;AMZN;AAPL From The Last 14 Days
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August 12, 2014
05:47 EDTAAPLApple December quarter margins likely down sequentially, says Piper Jaffray
Piper Jaffray says itís likely that Apple's December quarter margins decline quarter-over-quarter due to the impact of the updated iPhone 6. Piper does not view the potential margin decline as a long-term negative, however, noting that Apple showed with the iPhone 5S that margins can expand as the company moves away from new design launches. Piper says it remains a buyer of Apple shares with an Overweight rating and $105 price target.
August 11, 2014
16:00 EDTAAPL, AMZNOptions Update; August 11, 2014
iPath S&P 500 VIX Short-Term Futures down 1.33 to 31.90. Option volume leaders: AAPL KMI MNKD PBR AMZN SCTY TWTR TSLA according to Track Data.
10:07 EDTAAPLVirnetX says court denies Apple motion in patent suit
VirnetX (VHC) announced that on August 8 the U.S. District Court for the Eastern District of Texas, Tyler Division, issued its patent claim construction, or "Markman" Order and ruled on a VirnetX motion in the ongoing patent infringement action between VirnetX and Apple (AAPL). Both parties had presented arguments on the disputed terms along with various other motions at a Markman hearing on May 20. In the Markman order, the court denied Apple's Motion for Summary Judgment of Indefiniteness, in which Apple alleged that some of the disputed claims terms in the patents asserted by VirnetX were invalid for indefiniteness. In a separate order, the court granted in part and denied in part VirnetX's Motion for Partial Summary Judgment on Apple's Invalidity Counterclaims. The court's order precludes Apple from asserting invalidity as a defense against infringement of the claims that were tried before a jury in VirnetX's prior litigation against Apple. Apple is not precluded from asserting invalidity as a defense against infringement of the claims that were not tried before a jury in the Apple I case. "We are extremely pleased with the court's rulings and we remain confident in the merits of our complaint against Apple," said Kendall Larsen, VirnetX CEO and President. "We believe the court's Markman Order and motion ruling represents another significant step towards the successful resolution of this litigation."
09:36 EDTAAPL, AMZNActive equity options trading on open
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06:23 EDTAAPLGoogle testing "Listen Now" music ads, WSJ reports
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August 10, 2014
16:51 EDTAAPLCourt rejects $324M settlement in tech hiring conspiracy, NYT says
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15:44 EDTAMZNAmazon urges customers to express opinions on e-book prices with Hachette
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15:21 EDTAMZNAmazon stops preorders of some Disney movie titles, WSJ says
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August 8, 2014
16:16 EDTAAPLU.S. judge rejects Apple, Google antitrust hiring accord, Bloomberg reports
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16:00 EDTAAPLOptions Update; August 8, 2014
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09:37 EDTAAPLActive equity options trading on open
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07:31 EDTAAPLChina refutes report of Apple product procurement ban, Re/code reports
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07:10 EDTAMZNAmazon executive defends $2B investment in India, WSJ says
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August 7, 2014
18:10 EDTAMZNHachette drops bid for Perseus Books, reports WSJ
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16:00 EDTAAPLOptions Update; August 7, 2014
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09:49 EDTAMZNAmazon readying to launch grocery service in New York area, Re/code says
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09:36 EDTAAPL, AMZNActive equity options trading on open
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06:43 EDTAAPLApple poaches YSL's Catherine Monier, 9to5Mac reports
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06:36 EDTAMZNGoogle, Barnes & Noble launching same-day book delivery service, NY Times says
Google (GOOG) and Barnes & Noble (BKS) today will begin allowing consumers in three cities to order books carried by Barnes & Noble stores and have them delivered to their homes on the same day, according to The New York Times. Users will order the books on Google Shopping Express, and the service will compete with Amazon, the newspaper stated. Reference Link
06:19 EDTAAPLMicrosoft in talks to open Fifth Avenue store, Daily News reports
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