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Stock Market & Financial Investment News

News For BBY;SAM;CLWR;S;CVS;RIGL;ENDP;YELP;AAPL From The Last 14 Days
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August 25, 2015
16:06 EDTAAPLOptions Update; August 25, 2015
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16:01 EDTCVSTarget sees $550M pretax gain after closing CVS transaction
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13:13 EDTAAPLGerman court rejects Apple 'slide to unlock' patent appeal, Reuters says
The German Federal Court of Appeals has ruled that Apple's (AAPL) patents covering its "slide to unlock" smartphone feature are invalid, reports Reuters. The patent dispute was originally filed by Motorola Mobility, previously owned by Google (GOOG) but now a unit of Lenovo (LNVGY), according to the report. Reference Link
12:20 EDTBBY, AAPLOn The Fly: Top stock stories at midday
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10:51 EDTAAPLStocks with call strike movement; FB AAPL
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10:31 EDTAAPLApple climbs after Wells Fargo upgrades on 'overdone' China fears
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09:59 EDTAAPLOn The Fly: Analyst Upgrade Summary
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09:35 EDTAAPLActive equity options trading on open
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09:13 EDTYELPTrends still positive for Google, Amazon, Facebook ahead of holidays, says Baird
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09:13 EDTAAPL, BBYOn The Fly: Pre-market Movers
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08:51 EDTBBYBest Buy says 'substantial' amount of leases expiring this year
Best Buy CFO Sharon McCollam said, there are no stores that have negative cash flow but there may be additional store closures.
08:43 EDTBBY, AAPLBest Buy to sell Apple Care in stores this quarter
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07:22 EDTAAPLWells Fargo says Apple correction overdone, upgrades to Outperform
Wells Fargo analyst Maynard Um said that his fundamental stance on Apple's challenges is unchanged, but that the stock's decline of roughly 22% since mid-July is an overdone correction, prompting him to upgrade the stock to Outperform from Market Perform. Um added that Tim Cook's email regarding iPhone activation growth in China having recently accelerated gives better visibility to the September quarter and that Apple's third party manufacturing and component commitments suggest upside potential to the company's revenue guidance. The firm has a $125-$135 price target range on Apple shares.
07:08 EDTBBYBest Buy sees Q3 flat to low-single digit domestic revenue growth
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07:06 EDTBBYBest Buy reports Q2 domestic SSS ex-items up 2.7%
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07:02 EDTBBYBest Buy sees no material changes in consumer spending in Q3
Sharon McCollam, Best Buy EVP, CAO and CFO, commented, "It is difficult to know, though, if the recent volatility in the financial markets will affect overall consumer spending. To date, however, we have not seen a measurable impact versus our original expectations. As such, our outlook assumes there will be no material changes in consumer spending in the third quarter. With that said, our year-over-year non-GAAP outlook for Q3 FY16 is as follows. In the Domestic business we are expecting (1) flat to low-single digit revenue growth; and (2) an approximately flat operating income rate change driven by a higher gross profit rate offset by increased SG&A due to inflation and growth-related investments. In the International business, due to the ongoing impacts of the Canadian brand consolidation and foreign currency, we are expecting (1) an International revenue decline of approximately 30% and (2) an International non-GAAP operating income rate in the range of negative 2.5% to negative 3.5%."
07:01 EDTBBYBest Buy reports Q2 adjusted continuing ops EPS 49c, consensus 34c
Reports Q2 revenue $8.53B, consensus $8.29B.
06:19 EDTAAPLApple upgraded to Outperform from Market Perform at Wells Fargo
06:06 EDTSStocks with implied volatility below IV index mean; S GOOG
Stocks with implied volatility below IV index mean; Sprint (S) 77, Google (GOOG) 41 according to iVolatility.
August 24, 2015
16:23 EDTAAPLOn The Fly: Top stock stories for Monday
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