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Stock Market & Financial Investment News

News For BBY;AMZN;AAPL From The Last 14 Days
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October 2, 2014
06:35 EDTAAPLApple Pay set to arrive on October 20 with iOS 8.1, Bank Innovation reports
Apple Pay will be included with iOS 8.1 and is expected to launch on October 20, reports Bank Innovation. Citing multiple sources close the company, iOS 8.1 will also contains hidden code that will allow Apple to "test" Apple Pay in its private beta release of iOS 8.1. Reference Link
06:28 EDTAAPLApple price target raised to $120 from $110 at Citigroup
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06:10 EDTAAPLReport: iPhone 6/6 Plus reservations reach 2M in China, Apple Insider says
News outlets in China say initial reservations for Apple's iPhone 6 and 6 Plus models have reached 2M in the first 6 hours, reports Apple Insider. Citing ITHome and Sina, the majority of the initial bookings have been 64GB iPhone 6 and 6 Plus models rather than the cheapest tier Apple offers. Reference Link
05:22 EDTAMZNAT&T working with Amazon Web Services to extend AT&T NetBondSM to AWS
AT&T (T) and Amazon Web Services, or AWS, (AMZN) are working together to extend AT&T NetBondSM to AWS. Customers will have a new high performing and highly-secure choice to connect to AWS, including the ability to scale their network at the same rate as their enterprise-class applications running on the AWS Cloud. With AT&T NetBond, customers will be able to access business applications and information that are stored in AWS, bypassing the public Internet and the security risks associated with it. AT&T NetBond also improves performance by as much as 50% and can surpass the best experience on the Internet by as much as three times. The new integrated solution is expected to be available next year.
October 1, 2014
19:15 EDTAMZNAuthors Guild met with DOJ to seek probe into Amazon practices, WSJ says
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16:26 EDTAAPLJudge grants Apple's motion for summary judgement in WiLAN litigation
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16:00 EDTAAPL, AMZNOptions Update; October 1, 2014
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13:52 EDTAMZNAmazon to close distribution plant in Kansas, AP reports
Amazon plans to close a distribution center in Kansas in February, reports the Associated Press. Coffeyville Chamber of Commerce executive director Stacia Meek said Amazon informed her of the closure in an email, but Amazon did not return email or phone messages seeking comment. It is unclear how many employees will be affected. Reference Link
12:11 EDTAAPLSkyworks sinks after report of weak Chinese smartphone sales growth
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11:09 EDTAMZNPepsiCo to launch Pepsi True exclusively through Amazon, Reuters reports
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10:45 EDTAMZN, AAPLeBay retreats after multiple analyst downgrades
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09:42 EDTAAPLApple may add gold color option to full-size iPads, Bloomberg reports
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09:34 EDTAAPLActive equity options trading on open
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08:15 EDTAAPLInvenSense upgraded to Strong Buy from Buy at Needham
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06:47 EDTAAPLCompanies reacting to Apple Pay, NY Times says
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06:43 EDTAAPLApple's Beats Electronics files lawsuit against Lamar, Hollywood Reporter says
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06:29 EDTAMZNAmazon, Disney appear to settle two-month dispute, WSJ reports
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06:13 EDTAAPLABI: Branded tablets to disappoint with 2.5% growth in 2014, DigiTimes says
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September 30, 2014
19:18 EDTAAPLApple, PayPal talks over Apple Pay soured due to Samsung, Bank Innovation says
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16:00 EDTAAPLOptions Update; September 30, 2014
iPath S&P 500 VIX Short-Term Futures up 37c to 31.18. Option volume leaders: AAPL TSLA NFLX BAC TWTR AMZN HTZ DOW C F NFLX PBR according to Track Data.
13:18 EDTAMZNTwitter to launch new app development platform, The Information reports
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13:15 EDTAAPLInvenSense weakness on Apple concerns overdone, says Ascendiant
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11:29 EDTAAPLReport: Apple Watch mass production to start in January 2015, MacRumors says
Apple may begin mass production of its Apple Watch in January of 2015, reports MacRumors, citing a report from Taiwanese news source AppleDaily. Apple is working only with manufacturing partner Quanta to produce the device, which contradicts earlier rumors that Quanta would be handling the bulk of the production. Reference Link
11:28 EDTAAPLeBay 'acted responsibly,' payments industry 'must be consolidated,' Icahn says
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10:57 EDTAAPLApple denies selective treatment in Ireland tax deal, The Independent reports
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10:02 EDTAAPLOn The Fly: Analyst Initiation Summary
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09:36 EDTAAPLActive equity options trading on open
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08:46 EDTAAPLeBay says Apple could speed NFC adoption, would be good for PayPal
08:05 EDTAAPLeBay could be worth $62/share on sum-of-the-parts, says Piper Jaffray
Piper Jaffray says it still estimates the total valuation of eBay's two divisions at around $62 per share on a sum-of-the-parts basis. Piper believes Marketplace could be more attractive as an acquisition candidate post separation, which it notes investors have been thinking about since the Alibaba (BABA) IPO. The firm thinks competition from Apple Pay (AAPL) and Google Wallet (GOOG) will likely add some uncertainty to PayPal’s standalone valuation. Piper has a Neutral rating on eBay. The stock is up 9% to $57.25 after announcing it will spin off PayPal into a separate publicly traded company.
06:57 EDTAAPLRambus to benefit from Apple Pay, says Jefferies
Jefferies expects Apple Pay (AAPL) to raise interest in mobile payments as well as security requirements for mobile payments in Android-based devices. The firm thinks adoption of Rambus' (RMBS) Crypto Manager hardware based security solution will accelerate in mobile payment platforms and raised its price target for shares to $14 from $13.50. Jefferies keeps a Hold rating on Rambus, but notes its incrementally more positive on the stock.
06:33 EDTAAPLApple suppliers ready for demand after iPhone 6 China approval, Reuters says
Now that Apple's IPhone 6 line-up has been approved for sale in China starting October 17, the company's suppliers are preparing for the influx of demand, according to Reuters, citing comments from sources within certain suppliers. Some of the sources said that their manufacturing capacity at this time of year is facing pressure, while others said that they weren't making iPhones at their optimum magnitude yet. Reference Link
06:30 EDTAAPLReport: Apple to receive iPad panels from Samsung in 2H14, DigiTimes says
Apple (AAPL) is expected to receive 9.7- and 12.9-inch iPad panels from Samsung (SSNLF) Display in 2H14, reports DigiTimes, citing Korean-based news source inews24. Samsung will reportedly dedicate most supply from a 5G Plane to Line Switching line to Apple. Reference Link
06:11 EDTAAPLEU says Apple tax deal with Ireland not at arm's length
In a letter to the Irish government, the European Commission said it is of the opinion that Apple's tax deal with Ireland does not "comply with the arm’s length principle." It added, "The Commission is of the opinion that through those rulings the Irish authorities confer an advantage on Apple. That advantage is obtained every year and on-going, when the annual tax liability is agreed upon by the tax authorities in view of that ruling...In the light of the foregoing considerations, the Commission’s preliminary view is that the tax ruling of 1990 and of 2007 in favour of the Apple group constitute State aid according to Article 107(1) TFEU. The Commission has doubts about the compatibility of such State aid with the internal market. The Commission has therefore decided to initiate the procedure laid down in Article 108(2) TFEU with respect to the measures in question. The Commission requests Ireland to submit its comments and to provide all such information as may help to assess the aid/measure, within one month of the date of receipt of this letter." Reference Link
05:40 EDTAAPLApple initiated with a Hold at Jefferies
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05:18 EDTAAPLApple iPhone 6, iPhone 6 Plus available in China on Friday, Oct. 17
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September 29, 2014
20:06 EDTAAPLApple iCloud service down for some users across iOS, Mac, web, 9to5Mac says
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19:26 EDTAAPLApple iOS 8 bug erases users iWork documents from iCloud, MacRumors says
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16:00 EDTAAPLOptions Update; September 29, 2014
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14:34 EDTAAPLApple iOS 8 said to contain security flaw with keyboard, BGR reports
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13:28 EDTAAPLHumana announces health application integration with Apple's HealthKit
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10:13 EDTAAPLApple iMacs with retina displays in late testing stages, 9to5Mac reports
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09:37 EDTAAPLActive equity options trading on open
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09:20 EDTAAPLOn The Fly: Pre-market Movers
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06:49 EDTAAPLApple may launch iPhone 6 sales in China on October 10, Apple Insider says
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06:32 EDTAAPLDemand for Apple's iPhones waning in China, NY Times reports
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06:31 EDTAAPLMicrosoft to open flagship store on Fifth Avenue in NYC, WSJ reports
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06:25 EDTAAPLChina Times: iPhone 6 panel demand to reach 116M in 2014, DigiTimes says
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September 28, 2014
19:34 EDTAAPLEU to accuse Apple of illegal Irish tax dealings, FT says
Preliminary findings from the European Commission’s probe into Apple’s tax dealings in Ireland claim that the company prospered from illegal tax deals with the Irish government for more than twenty years and may result in a record fine for the iPhone maker, says the Financial Times. Reference Link
19:10 EDTAAPLApple continues with global roll out of latest iPhones, Bloomberg says
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15:25 EDTAAPLEU regulators near publishing view on Apple, Fiat tax deals, WSJ says
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September 26, 2014
16:55 EDTAAPLMarket ends week lower after inversion crackdown, mixed data
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16:01 EDTAMZN, AAPLOptions Update; September 26, 2014
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12:13 EDTAMZNAmazon.com to launch Fresh grocery delivery business in NYC, Re/Code says
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11:14 EDTAAPLApple may release Mac Mini in October, Mac Rumors reports
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09:37 EDTAMZN, AAPLActive equity options trading on open
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09:05 EDTAMZNAmazon announces ten 'Transparent' episodes on Prime Instant Video
Amazon announced all 10 episodes of "Transparent" are now available for Prime Instant Video customers in the U.S., UK and Germany.
08:25 EDTAAPLApple weakness on bending concerns a buying opportunity, says Cantor
After the release of an online video showing that Apple's iPhone 6 Plus can be bent with excessive force, Cantor says that both of Apple's new iPhones felt "very durable," and the firm is not concerned that every day use will cause the devices to bend. Cantor thinks the recent decline in Apple's stock creates an opportunity for investors to benefit from Apple's next super cycle. It keeps a $123 price target and Buy rating on Apple.
06:47 EDTAMZNFAA drone decision could be milestone, NY Times says
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06:42 EDTAAPLReport: Apple may release 12.9-inch iPad Pro in 2Q15, PhoneArena says
Apple may release its 12.9-inch iPad pro for Q2 of 2015, reports PhoneArena, citing sources from Tech News Taiwan. The larger iPad may be released along with the 3rd generation iPad mini, and the iPad Air 2 will feature 2GB of RAM. The iPad Pro is also rumored to be using an upgraded A8X processor. Reference Link
06:39 EDTAAPLMost connected devices have security flaw, NY Times says
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06:39 EDTAAPLApple launches iOS 8.0.2 to amend iPhone 6 defects, Reuters says
Apple launched a new software update after some customers who recently purchased the iPhone 6 noted that they were experiencing call service interruptions and other issues due to a prior upgrade, according to Reuters, citing comments from company spokeswoman Trudy Muller. Muller noted that less than 40K iPhone 6 and iPhone 6 Plus phones were affected after downloading iOS 8.0.1, but iOS 8.0.2 amends the problems. Reference Link
06:16 EDTAAPLBCN: Japan overwhelmingly choose iPhone 6 over 6 Plus, Patently Apple says
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September 25, 2014
17:06 EDTAAPLAlphaOne's Dan Niles sees Apple taking back share this year
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16:17 EDTAAPLOn The Fly: Closing Wrap
Stocks on Wall Street were sharply lower and suffered their worst day in nearly two months, with market participants pointing to a number of reasons for the broad-based weakness. Shares of Apple (AAPL) were a drag on the market, and particularly on the Nasdaq, as the tech giant slid after a number of reports pointed to customer issues with its new iPhone 6 and an update to its mobile operating system. Cautious comments about rates by a noted Federal Reserve "hawk" may have also contributed, as well as reports that Russia may respond to U.S. and EU sanctions with a new law that will allow it to seize foreign property within the country. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 12K to 293K in the week ended September 20, though this was below the consensus forecast for 296K new claims. Durable goods orders fell 18.2% in August following a 22.5% surge in July. However, excluding transportation, orders were up 0.7%, which was a bit above the forecast for a 0.6% increase. Additionally, the head of the Dallas Federal Reserve, Richard Fisher, said that the central bank may start raising rates in the spring of 2015, which is earlier than most market watchers expect. Also, a Reuters report that Russia has drafted a law that would allow it to seize foreign assets on Russian territory to compensate those impacted by sanctions or who have had their own property seized outside of Russia garnered significant attention. COMPANY NEWS: Apple declined $3.88, or 3.81%, to $97.87 after reports yesterday from various tech blogs said the company pulled a new update of iOS 8 after complaints that the new software was crashing cellular service and Touch ID on users' phones. Other reports indicate the new iPhone 6 is reportedly bending in some owners' pockets, though the company told CNBC's John Fortt that it has only received nine customer complaints regarding bent phones. Also, Barron's reported that Apple insiders, including CEO Tim Cook, have sold over 1.4M shares of Apple stock this month. MAJOR MOVERS: Among the notable gainers was Swift Transport (SWFT), which gained $1.83, or 9.56%, to $20.98 after the company backed its Q3 earnings outlook and said it was "cautiously optimistic" about the trends it has seen as a result of its strategic decision regarding driver compensation. Also higher was IGI Laboratories (IG), which rose $1.36, or 18.26%, to $8.81 after the company acquired the regulatory rights and related documents and records for 18 drug products from AstraZeneca (AZN). Among the noteworthy losers was BlackBerry (BBRY), which fell 71c, or 6.76%, to $9.80 the day before it reports on its quarterly results. Ahead of tomorrow morning's report, BGC Financial analyst Colin Gillis downgraded shares of the smartphone maker to Hold from Buy, saying the company's results "may prove underwhelming." Also lower were shares of adhesives maker H.B. Fuller (FUL), which fell $6.30, or 14.32%, to $37.68 after the company's third quarter results and fourth quarter profit outlook missed analysts' consensus estimates. INDEXES: The Dow plunged 264.26, or 1.54%, to 16,945.80, the Nasdaq dropped 88.47, or 1.94%, to 4,466.75, and the S&P 500 declined 32.31, or 1.62%, to 1,965.99.
16:00 EDTAMZN, AAPLOptions Update; September 25, 2014
iPath S&P 500 VIX Short-Term Futures up 2.09 to 30.38. Option volume leaders: AAPL TSLA NFLX BAC TWTR AMZN BP PBR GILD DOW according to Track Data.
14:29 EDTAAPLEarnings Preview: BlackBerry downgraded at BGC ahead of tomorrow's report
BlackBerry (BBRY) is expected to report second quarter earnings before the open on Friday, September 26, with a conference call scheduled for 8:00 am ET. BlackBerry manufactures and markets mobile devices, such as smartphones, and creates software and services for those devices. EXPECTATIONS: Analysts are expecting losses per share of (16c) on revenue of $949.64M. The consensus range is (36c)-(4c) for EPS on revenue of $855.9M-$1.16B, according to First Call. LAST QUARTER: On June 19, BlackBerry reported a loss per share, excluding certain items, of (11c), versus analysts' consensus estimate of a (26c) per share loss. The company's revenue of $966M was a bit higher than the consensus expectation near $963M. The smartphone maker said that it had recognized revenue on about 1.6M of its smartphones, up from about 1.3M during the previous quarter. Moreover, it said that it was close to reaching the breakeven point on hardware sales and added that it expects its subscriber numbers to be steady going forward. BlackBerry should be profitable sometime in fiscal 2016, company CEO John Chen stated. NEWS: On July 21, BlackBerry announced that it has named Marty Beard as its Chief Operating Officer. Prior to the appointment, Beard had been chairman and CEO of LiveOps. After Apple (AAPL) and IBM (IBM) announced an enterprise partnership, BlackBerry CEO John Chen told Financial Times on July 24 that his company was in early talks with companies about working together in parts of the enterprise market, though he declined to comment on who the discussions have been with. Last month, BlackBerry announced that it has named Sandeep Chennakeshu to lead a new business unit to be called BlackBerry Technology Solutions, or BTS. The BTS business unit comprises BlackBerry's technology assets, including QNX, Project Ion, Certicom and Paratek as well as BlackBerry's patent portfolio. Two weeks ago, BlackBerry announced that it has acquired Movirtu, a provider of virtual identity solutions for mobile operators that allows multiple numbers to be active on a single device. Terms of the transaction were not disclosed, though the next day Wells Fargo wrote that it thinks the deal brings a degree of differentiation to BlackBerry's mobile device management solutions and will make BYOD better for both companies and employees. Yesterday, BlackBerry launched the Passport, a high-end smartphone featuring a large square touch screen and new QWERTY touch-enabled keyboard. Inspired by actual passports, the device was "purpose-built for productivity-driven business professionals," the company stated. STREET RESEARCH: On the day of BlackBerry's last quarterly report, BGC Financial said that it thought that the negative thesis on BlackBerry was falling apart, at least in the short-term. However, this afternoon BGC Financial analyst Colin Gillis downgraded shares of BlackBerry to Hold from Buy, saying the company's quarterly results tomorrow "may prove underwhelming." Gillis expects BlackBerry's revenue declines to continue in the current quarter and noted that his estimate is below consensus. He has an $11 price target for the shares. Also today, MKM Partners stated in a note to investors that it believes BlackBerry's new Passport phone is for "hardcore entrenched BB users" and unlikely to make much of a difference. The firm kept a Neutral rating on the stock with a $10 price target. PRICE ACTION: On the day of its last report, shares of BlackBerry climbed 9.65% to close at $9.09. Since the day after that initial pop, the stock has gained about another 10%. In afternoon trading, BlackBerry was down 51c, or almost 5%, to $10.00.
14:05 EDTAAPLApple has only received nine complaints regarding bent iPhone 6, John Fortt says
Apple has only received nine customer complaints regarding bent iPhone 6's, CNBC's John Fortt says. Reference Link
12:45 EDTAAPLApple iPhone bending concerns bring opportunity, says Cantor
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12:17 EDTAAPLOn The Fly: Midday Wrap
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11:30 EDTAAPLStocks with call strike movement; AAPL HAL
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11:22 EDTAMZNSkechers rebounds after refuting Barrington research report
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10:55 EDTAAPLVIX methodology for Apple VXAPL up 22.4% to 28.79
VIX methodology for Apple VXAPL up 22.4% to 28.79, compared to its 10-day moving average of 24.28
10:45 EDTAAPLJabil Circuit falls amid market pullback despite Q4 earnings beat
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09:55 EDTAAPLApple falls below $100, levels to watch
The shares are down 1.9% to $99.68 at time of writing following update issues for iOS 8.0.1 impacting cell service and potential security vulnerabilities related to the 'Bash' bug. Next support is at $98.38. Resistance is at $100.53.
09:36 EDTAAPLActive equity options trading on open
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08:19 EDTBBYBest Buy management to meet with Deutsche Bank
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07:43 EDTAAPLApple volatility low into software glitch
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06:58 EDTAMZNAmazon warehouse strikes in Germany end, NY Times reports
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06:29 EDTAAPLApple knew early of security hole in iCloud, The Daily Dot reports
Apple knew as early as March of a security hole that left personal data of iCloud users vulnerable, reports The Daily Dot. According to leaked emails between the company and a noted security researcher, a London-based software developer Ibrahim Balic informed Apple of a method he'd discovered for infiltrating iCloud accounts. Balic said he successfully bypassed a security feature designed to prevent "brute-force" attacks. Reference Link
06:19 EDTAAPLApple to replace bent iPhone if it passes visual inspection, TheNextWeb says
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06:07 EDTAAPL, AMZNGlobal tablet sales momentum to slow down in 2015, DigiTimes reports
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September 24, 2014
19:06 EDTAMZNAmazon starts conversation with smart home developers, Forbes says
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17:54 EDTAAPLTim Cook, others sold $142.76M in Apple stock, Barron's says
Apple insiders, including CEO Tim Cook, sold 1.41M shares of Apple stock for $142.76M. Cook sold 348,425 shares of company stock for about $35.23M and currently holds 950,767 shares, which is less than 1% in the company, reports Barron's in its 'Inside Scoop' column. Reference Link
17:19 EDTAMZNAmazon's head of digital music and video to leave, WSJ says
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16:57 EDTAMZNAuthors group to ask DoJ to investigate Amazon, WSJ says
An authors group called Authors United, that is protesting the contract negotiations between Amazon and book publisher Hachette Book Group, is planning to ask the Justice Department to investigate Amazon's business practices, says the Wall Street Journal. Reference Link
16:01 EDTAAPL, AMZNOptions Update; September 24, 2014
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14:28 EDTAAPLApple pulls iOS 8.0.1 update due to cell service bug, TechCrunch says
In an update to its earlier story about bugs being reported with Apple's iOS 8.0.1, TechCrunch reported that the company has pulled the iOS 8.0.1 update from availability and that a fix is "likely incoming." Reference Link
13:54 EDTAAPLApple iOS 8 upgrade disables cell service, TechCrunch says
Apple's latest iOS 8 upgrade crashed cellular device service along with Touch ID on many of its products despite the update including many improvements, reported TechCrunch. The software did, however, fix the defect that hindered HealthKit apps from being available at the software's initiation. Reference Link
11:25 EDTAAPLApple Watch not expected to arrive before Valentine's Day, The Information says
The Apple Watch may not be coming any time soon and the company may be "lucky to ship it by Valentine's Day," reports The Information, citing a person briefed by the Apple department involved in shipping the watch. Earlier this year, Apple executives had indicated to some employees and others involved that the product would have an expected launch for the holidays. Reference Link
11:00 EDTAMZNBed Bath & Beyond climbs after Q2 earnings beat expectations
Shares of home decor retailer Bed Bath & Beyond (BBBY) are rising after the company's second quarter earnings per share and revenue surpassed analysts' consensus estimates. WHAT'S NEW: Bed Bath & Beyond's Q2 EPS was $1.17, which was 3c higher than analysts' consensus. The company's Q2 revenue of $2.95B topped analysts' consensus of $2.89B. Same-store-sales for the quarter were up approximately 3.4%. The retailer sees Q3 EPS in the range of $1.17-$1.21, compared with analysts' consensus view of $1.20. Bed Bath & Beyond expects fiscal year 2014 EPS to be between $5.00-$5.08, compared to analysts' view of $5.03. WHAT'S NOTABLE: During the company's conference call, Bed Bath & Beyond said that it was investing "significantly" in its business. It expects FY14 capital expenditures of approximately $350M. The retailer is opening a new distribution facility and is working on a new point of sale system. Bed Bath & Beyond said it is "cautiously optimistic" on its balance for the rest of the year. Next quarter, the company is expecting SSS growth of 2%-3%, and for Q4 it foresees 4%-5% of same-store growth. ANALYST REACTION: Yesterday morning, prior to the release of Bed Bath and Beyond's Q2 earnings report, William Blair analyst Daniel Hofkin downgraded the stock to Market Perform from Outperform. Hofkin cited his continued worries regarding the retailer's above-average exposure to e-commerce competitors. He feels that Bed Bath & Beyond waited too long before developing a strong multichannel platform and that competition from other e-commerce rivals will continue accumulating. He noted that while the company's price premium relative to Amazon (AMZN) has gotten smaller in the past few years, it still is material. Today, UBS analyst Michael Lasser raised his price target on the stock to $68 from $62 after Bed Bath & Beyond reported sales that surpassed expectations. Still, he felt that the good sales numbers occurred at the expense of its margin. He expects the retailer's operating margin decrease to impact the company's PE multiple. Lasser believes that the retailer's Q3 and Q4 comp outlook could be "aggressive," but he noted that he won't have much of an idea about those numbers until early January. He keeps a Neutral rating on the stock. OTHERS TO WATCH: Other companies in the home furnishings space include Williams Sonoma (WSM), Pier 1 Imports (PIR) and Restoration Hardware (RH). PRICE ACTION: During morning trading, Bed Bath & Beyond rose $3.99, or 6.4%, to $66.68.
10:03 EDTBBYBest Buy confirms exclusive tech accessories from fashion designers
Best Buy confirmed that it will introduce exclusive tech accessories from fashion designers Nanette Lepore, Anna Sui, and Isaac Mizrahi. All will reflect and be inspired by the designers’ current collections and will be available only at Best Buy. All three collections will debut Sunday, Oct. 5 at BestBuy.com and in Best Buy stores.
09:42 EDTAMZNAmazon expands Twitter deal with #AmazonWishList
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09:34 EDTAAPLActive equity options trading on open
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09:06 EDTAMZN, AAPLInvenSense shares should be bought on weakness, says Roth Capital
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08:11 EDTBBY, AAPLBest Buy hope designer accessories will bring more women to stores, Re/code says
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07:46 EDTAMZNAmazon suffered global outage late Tuesday, CNET reports
Amazon customer service agents confirmed to CNET that the company experienced a worldwide outage late Tuesday that made it difficult for some customers to place orders. One agent attributed the problems to servers being down, while another said the issues were because Amazon was upgrading its site, according to CNET. Reference Link
07:28 EDTAMZN, AAPLAmazon expanding hardware unit, working on smart home devices, Reuters says
Amazon.com (AMZN) plans to boost its full-time payroll at Lab126, the hardware unit that developed the Kindle and other consumer electronics devices, by at least 27% over the next five years, reported Reuters, citing a government document and people familiar with the matter. The expansion comes as Amazon tests connected-home devices that could compete with those available from or being developed by Google (GOOG) and Apple (AAPL), two people familiar with the Lab's activities said, Reuters noted. Reference Link
07:21 EDTAMZNAmazon ignores unions in Germany despite strikes, WSJ says
Even though Germany's Verdi labor union has been launching a series of strikes to get management's attention at Amazon, the union is being ignored by the online retailer, according to The Wall Street Journal, citing comments from the company's general manager at a warehouse in the central German town of Bad Hersfeld Robert Marhan. Marhan said, "From my point of view, Verdi and Amazon don't go together."
06:32 EDTAAPLApple iOS 8 upgrade prompts more frequent app collapse, Bloomberg says
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September 23, 2014
17:27 EDTAAPLApple reportedly acquired PRSS this year, 9to5Mac says
Apple reportedly acquired PRSS this year, says 9to5Mac. PRSS is a tool for creating magazine apps for the iPad and Android tablets and may have been acquired by Apple in the early summer, added 9to5Mac. Reference Link
16:52 EDTAAPLApple iPhone 6 Plus bending in pockets, MacRumors says
Apple's new iPhone 6 Plus is reportedly bending in some owners' pockets, as its size prohibits it to slide out of the way from pressure points when sitting, reports MacRumors. Reference Link
16:00 EDTAMZN, AAPLOptions Update; September 23, 2014
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13:58 EDTAAPLApple could show off revamped music service in February, Re/code reports
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13:55 EDTAAPLSamsung to stop selling laptops in Europe, PC Advisor says
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12:58 EDTAAPLSamsung still supplying 40% of A8 chips for iPhone 6, 6 Plus, Re/code says
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11:33 EDTAAPLAnalysis shows Apple spends $200-$247 to build iPhone 6s, Re/code says
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09:37 EDTAAPLActive equity options trading on open
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09:36 EDTAMZNAmazon.com estimates lowered on weaker trends at ITG Research
ITG Research lowered Amazon.com estimates due to weaker August trends. The firm lowered its Q3 revenue estimate to $20.78B from $20.99B, in-line with consensus of $20.86B.
09:17 EDTAMZNAmazon employees in Germany lengthen demonstrations, WSJ says
Labor union Verdi said that employees throughout five Amazon facilities in Germany are planning to lengthen demonstrations through tomorrow in an effort to up pressure on management in an on-going wage disagreement, according to The Wall Street Journal, citing comments from Verdi's representative for the company's Leipzig site Thomas Schneider. Reference Link
08:20 EDTAAPLInvenSense weakness overdone, says Pacific Crest
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07:28 EDTAAPLBlackBerry prices 'Passport' below competing high-end smartphones, WSJ says
BlackBerry, whose Passport smartphone marks its first global launch since its BB10 operating system, is pricing the new phone at $599 in the U.S. without subsidies, which is below Apple's (AAPL) iPhone 6, which starts at $649 without contract, and Samsung's (SSNLF) Galaxy S5, which was similarly priced at about $650 at launch, reported The Wall Street Journal. Reference Link
07:23 EDTAAPLInterview says iPhone 6 in final evaluation phase in China, Reuters says
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05:54 EDTAMZNStocks with implied volatility movement; NFLX AMZN
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05:45 EDTAAPLApple denies shutdown of Beats Music, Re/code reports
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September 22, 2014
16:18 EDTAAPLOn The Fly: Closing Wrap
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16:00 EDTAMZN, AAPLOptions Update; September 22, 2014
iPath S&P 500 VIX Short-Term Futures up 91c to 28.14. Option volume leaders: AAPL TSLA NFLX C TWTR AMZN BP PBR CLF WLT according to Track Data.
15:57 EDTAAPLApple said to plan shutdown of Beats Music, TechCrunch reports
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14:31 EDTAAPLGT partner Apple working on new sapphire glass process, Patently Apple says
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13:38 EDTAAPLApple new MacBook Air to be noticeably thinner, Jack March reports
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13:25 EDTAAPLMany users complaining about new Apple OS, BI says
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12:16 EDTAAPLOn The Fly: Midday Wrap
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10:57 EDTAAPLInvenSense sinks after downgrade on market share concerns
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10:22 EDTAAPLApple price target raised to $115 on record iPhone 6 demand at Canaccord
Canaccord raised Apple's price target to $115 from $112 on record initial demand for new iPhone product demand. Shares are Buy rated.
09:44 EDTAAPLApple data suggests sell-through of around 8M iPhone 6, says Piper Jaffray
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09:38 EDTAMZN, AAPLActive equity options trading on open
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09:21 EDTAAPLApple iPhone 6 Plus sold out quickly in U.S., says Cantor
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09:15 EDTAMZNAmazon's Iain Kennedy leaves company for Microsoft, Re/code reports
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08:31 EDTAAPLApple says first weekend iPhone 6, iPhone 6 Plus sales top 10M
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08:30 EDTAAPLApple says first weekend iPhone 6, iPhone 6 Plus sales top 10M
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07:12 EDTAMZNUnion says Amazon workers in Germany begin strike, WSJ says
The Verdi labor union said that employees at five Amazon logistics centers in Germany have walked out in a two-day demonstration to support requests for a collective wage deal, according to The Wall Street Journal, citing the union. Verdi noted that the strike is anticipated to stop after the late shift tomorrow. Reference Link
06:18 EDTAAPLAvago gained significant share in iPhone 6, says Citigroup
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06:09 EDTAAPLApple survey indicates December quarter upside, says Piper Jaffray
Piper Jaffray says its survey of iPhone 6 buyers indicates more people are buying the 6 Plus than it expected and that people spending more on storage, a "highly profitable" part of Apple's business. As a result, Piper believes Apple's revenue could top expectations by 9% and its earnings by nearly 12% in the December quarter. It keeps an Overweight rating on the stock with a $120 price target.
September 20, 2014
21:20 EDTAAPLApple's iPhone 6 Plus is selling out at some U.S. stores, Bloomberg says
The new larger Apple iPhone 6 Plus has been selling out at some stores across the U.S., says Bloomberg. Reference Link
September 19, 2014
16:24 EDTAMZN, AAPLStocks rise after Fed keeps pledge for 'considerable time' before rate hike
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16:17 EDTAMZNOn The Fly: Closing Wrap
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16:00 EDTAAPL, AMZNOptions Update; September 19, 2014
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11:35 EDTAAPLCerner, Athenahealth developing applications for Apple HealthKit, Reuters says
Cerner (CERN) and Athenahealth (ATHN) said yesterday that they are working with Apple (AAPL) to develop applications for Apple's HealthKit, Reuters reports, citing Cerner and Athenahealth representatives. Athena said they will be utilizing HealthKit to assist patients with chronic conditions like diabetes, while Cerner said that doctors and nurses will be able to access health data from the patients HealthKit with consent, Reuters added. Reference Link
11:00 EDTAAPLApple lines suggest better than expected start for iPhone 6, says Piper Jaffray
Piper Jaffray said lines at Apple's flagship New York store were up 33% and that lines at 3 Midwest retail stores were up 39% from the prior iPhone launch, suggesting iPhone 6 sales are off to a better than expected start. The firm maintains its Overweight rating on Apple shares.
10:59 EDTAAPLSamsung working with PayPal for mobile payments on smartwatch, Gigaom says
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09:37 EDTAAPLActive equity options trading on open
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09:19 EDTAAPLOn The Fly: Pre-market Movers
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08:48 EDTAAPLUBS Internet and IT hardware analysts hold an analyst/industry conference call
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08:33 EDTAAPLCalpian to support Apple Pay for merchants
Calpian (CLPI) is set to support Apple Pay and provide merchants with access to Apple’s (AAPL) new mobile payments ecosystem. The new mobile payment system from Apple, Apple Pay will allow consumers to pay for goods and services with Touch ID using Apple’s iPhone 6, iPhone 6 Plus and the Apple Watch through an antenna design.
08:23 EDTAAPLApple price target raised to $110 from $106 at Cowen
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08:11 EDTAAPLTriQuint chip among those in iPhone 6 Plus, iFixit reports
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08:03 EDTAAPLInvenSense, NXP, RF Micro chips included in iPhone 6, iFixit reports
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07:05 EDTAMZNAmazon.com pullback creates good entry point, says RBC Capital
RBC Capital thinks Amazon.com is starting to benefit from its same-day delivery service, while the market is underestimating the profit potential of Prime. The firm continues to view the company as one of the best in the Internet sector, and increased its price target on the shares to $435 from 4380 while keeping an Outperform rating.
06:43 EDTAAPLYouTube spending more money on original content, Re/code reports
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06:33 EDTAAPLTELUS announces iPhone 6, iPhone 6 Plus available in stores
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06:22 EDTAAPLGoogle planning to encrypt phone data in Android, Washington Post reports
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September 18, 2014
16:00 EDTAMZN, AAPLOptions Update; September 18, 2014
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15:22 EDTAAPLBroadcom appears to be WiFi chip provider for Apple Watch, Chipworks says
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09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL YHOO TWTR VVUS RAD PWE WFM TSLA PIR SHLD
08:46 EDTAAPLApple patent points to development of bone conducting EarPods, AppleInsider says
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08:44 EDTAMZNAmazon.com volatility flat into Alibaba IPO
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07:29 EDTAAPLApple, U2 collaborate on digital format to up music-buying, Time says
Apple and U2 are collaborating on a new project to develop a digital music format which will increase music purchases and fairly compensate artists, reported Time. Reference Link
07:26 EDTAAPLGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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06:55 EDTAAPLApple launches new iOS 8 phones with 'kill switch'
Attorney General Eric Schneiderman and San Francisco District Attorney George Gascon revealed that new iPhones sold with iOS 8 will include Apple’s theft deterrent system, Activation Lock, as a default setting. This marks the first time in the history of the smartphone industry that theft deterrent technology is available by default on new products. In addition to being standard on the new iPhone 6 and 6 Plus, newly-sold iPhones will also prompt users to upgrade to iOS 8. Additionally, the new operating system can also be installed on most previous models of iPhones. As co-chairs of the Secure Our Smartphone, or S.O.S. Initiative, Attorney General Schneiderman and District Attorney Gascon led the effort to call on the wireless industry to address the global rise in smartphone thefts. The ultimate goal of SOS is for every mobile device to have a “kill switch” on by default. A default solution is imperative because it ensures that the device will be worthless to thieves. Reference Link
06:40 EDTAAPLApple wants to sell 50M Apple Watches in 2015, DigiTimes reports
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06:27 EDTAAPLReport says one iPhone 6 Chinese license approved, Reuters says
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06:05 EDTAMZNAmazon partners with Bango, Telefonica Deutschland on carrier billing services
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06:00 EDTAMZNAmazon introduces Fire OS 4 'Sangria'
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05:59 EDTAMZNAmazon announces new Fire HD
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05:57 EDTAMZNAmazon introduces Fire HDX 8.9
Amazon introduced the all-new Fire HDX 8.9, which combines a light design and HDX display with a new, more powerful processor, exclusive Dolby Atmos and the latest Dolby Audio, and all-new Fire OS 4 “Sangria” features and services. The new Fire HDX is available for pre-order starting today for $379.
05:57 EDTAMZNAmazon announces Fire HD Kids Edition
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05:56 EDTAMZNAmazon introduces two new Kindles
Amazon introduced the 7th generation of Kindle: Kindle Voyage and the new $79 Kindle, with a 20% faster processor, twice the storage, and now with a touch interface. Kindle Voyage features an all-new design, with a beautiful flush glass front and a magnesium back. Kindle Voyage uses a brand new Paperwhite display, with the highest resolution, highest contrast, and highest brightness of any Kindle. The new Kindle is available for pre-order today for $79 and will start shipping in October. The new Kindle Voyage is $199 and is available for pre-order and will start shipping in October.
05:51 EDTAMZNPiper questions why Amazon is in hardware business
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05:40 EDTAAPLApple says will never allow government access to servers
Apple launched a website dedicated to privacy with a message from its CEO Tim Cook. The message stated in part, "We don’t build a profile based on your email content or web browsing habits to sell to advertisers. We don’t ‘monetize’ the information you store on your iPhone or in iCloud. And we don’t read your email or your messages to get information to market to you. Our software and services are designed to make our devices better. Plain and simple...Finally, I want to be absolutely clear that we have never worked with any government agency from any country to create a backdoor in any of our products or services. We have also never allowed access to our servers. And we never will."
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