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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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October 8, 2014
06:53 EDTAMZNAmazon has not enacted Luxembourg special tax agreements, Reuters says
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06:13 EDTAAPL, AMZNNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
06:10 EDTAAPLQuantom begins small-volume production of 12-inch Macbook Air, DigiTimes says
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05:54 EDTAAPLTeen interest in Apple Watch 'tepid,' says Piper Jaffray
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