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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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September 9, 2014
08:42 EDTAAPLApple's online store goes down ahead of today's event
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08:34 EDTAAPLWebMD to benefit from Apple initiatives, says RBC Capital
RBC Capital expects WebMD (WBMD) to benefit from Apple's (AAPL) launch of initiatives in the consumer health IT market. The firm believes that Apple's efforts in this area will provide more publicity for WebMD. RBC Capital keeps a $70 price target and Top Pick rating on WebMD.
08:24 EDTAAPLVIX methodology for Apple at 30.30, above its 10-day moving average of 27.66
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07:30 EDTAAPLApple new launches biggest test yet for CEO Cook, WSJ says
Three years into his tenure, and with his company trying to prove that it can still be a groundbreaking innovator, Apple CEO Tim Cook will look to make his mark on the company with the expected launch of larger iPhones and its first wearable device, said The Wall Street Journal. Reference Link
07:28 EDTAAPLFutures drift in early trading
U.S. equity futures are suggesting another quiet open as they trade near fair value. There is little to look forward to as far as a catalyst, but investors will be watching the highly anticipated launch of Apple's (AAPL) new products .Meanwhile, little market moving economic data is expected to be announced today.
07:28 EDTAAPLThe Money Event, Inc to hold a conference
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07:27 EDTAAPLApple partner Mayo Clinic to demonstrate HealthKit at event, Star Tribune says
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07:18 EDTAAPLApple expanding Siri team in Boston, BetaBoston reports
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06:56 EDTAAPLApple September weekly 98 straddle priced for 4.2% move into press event
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06:53 EDTAAPLApple volatility elevated into press event
Apple September weekly call option implied volatility is at 59, September is at 35, October is at 28, November is at 26, December is at 26, January is at 24; compared to its 26-week average of 25 according to Track Data, suggesting large near term price movement into today’s press event.
06:35 EDTAAPLApple looking to refocus on 9.7-inch iPad in 2H14, DigiTimes Research says
Apple looks to refocus its aggressiveness on the new 9.7-inch iPad and overall iPad shipments in Q3 are expected to return to growth, reports DigiTimes Research. For the full year, however, the weakening demand in Europe and the US, the upcoming larger iPhones and the delay of the next-generation iPad mini are expected to impact iPad sihpments, with the volume estimated to be lower than 70M units. Reference Link
06:33 EDTAAPLApple may call 5.5-inch iPhone 'iPhone 6 Plus,' Business Insider reports
Apple may call the 5.5-inch iPhone the "iPhone 6 Plus," Business Insider reports, citing Japanese Apple blog Macotakara. The 4.7-inch version of the device is expected to be called the iPhone 6. Reference Link
06:20 EDTAAPLForrester: Apple could sell 10M iWatches this year, FT reports
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06:18 EDTAAPLNXP Semiconductors volatility low into Apple event
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06:15 EDTAAPLSynaptics volatility low into Apple event
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September 8, 2014
16:00 EDTAAPL, AMZNOptions Update; September 8, 2014
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13:59 EDTAAPLApple tests support ahead of product announcement
The shares are down less than a percent to $98.20 ahead of Tuesday's expected product announcements. At that price the shares are below the 30-week moving average, but above the 50-week moving average at $96.92. So far there appears little in the way of significant technical damage in spite of recent concerns from the sell-side community. A breakdown tomorrow below the 50-day moving average following the announcements would be cause for greater concern. A move below $95 would break the intermediate-term uptrend on a technical basis. Conversely a move back above the $101 area, near the 10-day moving average, would signal an all-clear on a technical basis for higher prices. The life high for the shares is at $103.74.
13:51 EDTAAPLApple may launch both iPhone models on Sept 19, Apple Insider reports
Apple may launch both iPhone 6 models on September 19, reports Apple Insider. Citing rumors from iGen.fr, the larger 5.5-inch model may not lag behind the 4.7-inch model after all although quantities of the larger version could be limited. Reference Link
11:19 EDTAAPLApple begins sending email alerts when iCloud accounts assessed, MacRumors says
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11:15 EDTAAPLApple to unveil a new product
The product launch will be held on September 9 at 1 pm. Webcast Link
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