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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 19, 2015
16:00 EDTCVSTarget shares driven higher after earnings, cool after hot open
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13:30 EDTSOptions with increasing put volume;
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11:14 EDTAAPLApple to open first Middle East store this year, Bloomberg reports
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11:03 EDTCVSTarget says sees Q3 SSS up 1%-2%
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10:20 EDTSBig telecom firms put M&A on hold, CTFN reports
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09:33 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL BAC FB BA TWTR NFLX WMT BABA
08:22 EDTSSprint traffic levels increasing, says Pacific Crest
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07:52 EDTAAPLAnalog Devices growth being driven by Apple, says Jefferies
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06:35 EDTAAPLApple Stores to shift iPod stock to shelves, drop iPad smart signs, 9to5Mac says
Apple plans to make changes at its stores by relocating iPod stock to accessory shelves and removing iPad-based Smart Signs, 9to5Mac reports, citing several Apple Retail managers briefed on the plans. Apple will start to roll out these changes overnight on Tuesday of next week in the U.S., the report says. Reference Link
06:21 EDTYELPU.S. government to recognize Yelp ratings on federal agencies, WSJ reports
Under an agreement with Yelp, the U.S. government will recognize the public's ratings on its federal agencies, the Wall Street Journal reports. Reference Link
August 18, 2015
18:43 EDTAAPLApple denies report of 48% Apple Music retention rate, The Verge says
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18:35 EDTSSoftbank increases Sprint stake by roughly 16.8M shares
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16:00 EDTAAPLOptions Update; August 18, 2015
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15:54 EDTAAPL48% of Apple Music listeners give up streaming, Cult of Mac says
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13:01 EDTCVSEarnings Watch: Target to report Q2 results after management changes
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11:34 EDTSSprint rises on plans to abandon two-year contracts
Sprint shares are higher this morning after the company's chief executive officer said that the carrier plans to move away from two-year contracts. WHAT'S NEW: In an interview with The Wall Street Journal, Sprint CEO Marcelo Claure said that the company will stop offering two-year contracts by the end of 2015 in favor of a "smartphone lease" model. Sprint began offering a lease option last year, The Journal noted, and Claure said the carrier is planning to move entirely to that model by the end of the year. As part of its shift, Sprint yesterday unveiled iPhone Forever, a new leasing plan that starts at $22 per month for an iPhone. WHAT'S NOTABLE: In a similar move earlier this month, Sprint rival Verizon (VZ) said it would drop phone subsidies and two-year contracts for new customers. T-Mobile (TMUS), another market rival, abandoned contracts over two years ago, leaving AT&T (T) as the only major U.S. carrier still offering to subsidize new smartphone purchases. Separately, Softbank (SFTBF), Sprint's primary stakeholder, disclosed last week that it increased its holdings in the company to approximately 80%, though the company said it does not plan for its stake in the carrier to exceed 85%. Meanwhile, a study released Tuesday by RootMetrics, an independent company that evaluates wireless networks, shows that Sprint is improving its network, having solidified third place nationally in overall performance, surpassing T-Mobile for the second consecutive six-month stretch. PRICE ACTION: Sprint is up 7c, or 1.52%, to $4.67 in morning trading.
10:09 EDTCVSCVS Health completes Omnicare acquisition for total enterprise value of $12.9B
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09:39 EDTAAPLActive equity options trading on open
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06:30 EDTAAPLU.S. PTO views Apple D'677 iPhone design patent as invalid, Foss Patents says
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06:15 EDTAAPLNew Apple TV's OS to be TV-optimized version of iOS 9, 9to5Mac reports
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