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May 21, 2013
09:48 EDT	CLWR	Clearwire resumes trading, up 3.7% to $3.38 Subscribe for More Information

09:42 EDT	AAPL	Active equity option families trading on open Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C

09:34 EDT	AAPL	Apple trades lower, levels to watch The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46.

09:32 EDT	CLWR, S	Clearwire to resume trading at 9:45 am ET Subscribe for More Information

09:25 EDT	BBY	On The Fly: Pre-market Movers Subscribe for More Information

09:23 EDT	CLWR, S	Clearwire receives increase offer from Sprint Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint.

09:22 EDT	CLWR, S	Clearwire receives increase offer from Sprint Subscribe for More Information

09:03 EDT	S, CLWR	Sprint increases offer for Clearwire to $3.40 per share from $2.97 Subscribe for More Information

09:01 EDT	S, CLWR	Sprint increases offer for Clearwire to $3.40 per share Subscribe for More Information

08:57 EDT	CLWR, S	Sprint to raise bid for Clearwire above $2.97 prior offer, DJ says Subscribe for More Information

08:55 EDT	CLWR	Clearwire trading halted, pending news Subscribe for More Information

08:12 EDT	AAPL	Senate Homeland Security and Governmental Affairs Committee to hold a hearing The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link

07:50 EDT	AAPL	Ireland rejects allegations that it's a tax haven, FT reports Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link

07:09 EDT	BBY	Best Buy expects investment in price competitiveness to continue into Q2 Subscribe for More Information

07:07 EDT	BBY	Best Buy reports Q1 SSS fell 1.3% Subscribe for More Information

07:05 EDT	AAPL	Senate report says Apple avoided paying taxes on $44B of income, Politico says Subscribe for More Information

07:03 EDT	BBY	Best Buy reports Q1 adjusted EPS 32c, consensus 25c Reports Q1 revenue $9.38B, may not compare to consensus $10.64B. Reports Q1 SSS down 1.3%.

06:03 EDT	CLWR, S	Clearwire to postpone today's vote on Sprint deal, NY Post reports Clearwire (CLWR) will postpone today's shareholder vote on Sprint's (S) $2.97 per share takeover offer, New York Post reports. Reference Link

05:40 EDT	S	Softbank confirms waiver, expects Sprint deal to close in six weeks Subscribe for More Information

05:31 EDT	S	DISH, Sprint to engage in talks Subscribe for More Information

05:23 EDT	S	Sprint provides transaction update Subscribe for More Information

May 20, 2013
17:12 EDT	AAPL	Apple has avoided paying taxes on operations for five years, U.S. Senate says Subscribe for More Information

17:11 EDT	AAPL	Apple Operations International has no physical presence, says Senator Levin Apple Operations International has no physical presence and no employees, according to Senator Levin. Two of three directors are Apple employees, based in the U.S., the Senator added.

16:02 EDT	AAPL	Options Update; May 20, 2013 Subscribe for More Information

15:22 EDT	BBY	Notable companies reporting before tomorrow's open Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c.

15:19 EDT	AAPL	Apple sees paying over $7B in taxes to U.S. in current fiscal year Apple released testimony the company plans to give before the permanent subcommittee on investigations of the U.S. Senate tomorrow. In part, the company plans to state it expects to pay over $7B in taxes to the U.S. Treasury in its current fiscal year. Apple also contends it is "likely the largest corporate income tax payer in the US, having paid nearly $6B in taxes" to the U.S. in FY12. Reference Link

15:05 EDT	BBY	Best Buy May 27 weekly straddle priced for 9.1% move into Q1 Subscribe for More Information

13:29 EDT	S	Options with increasing implied volatility: UNXL NCT LYV CPRT S

12:24 EDT	BBY	Stocks with call strike movement; FSLR BBY Subscribe for More Information

12:04 EDT	AAPL	Apple rumored to be testing OLED for iWatch, AppleInsider says Subscribe for More Information

11:08 EDT	BBY	Best Buy May weekly volatility elevated at 117 into Q1 Subscribe for More Information

10:55 EDT	CLWR, S	Crest asks Clearwire holders to wait until control of Sprint resolved for action Subscribe for More Information

10:20 EDT	S	Sprint acquires Handmark and subsidiary OneLouder Apps Subscribe for More Information

09:40 EDT	AAPL	Active equity option families trading Subscribe for More Information

06:27 EDT	AAPL	Apple MacBook orders to rise 20% sequentially in Q2, DigiTimes says Subscribe for More Information

06:23 EDT	AAPL	Apple next-generation iPad trial production to begin soon, Digitimes says Subscribe for More Information

May 17, 2013
16:00 EDT	AAPL	Options Update; May 17, 2013 Subscribe for More Information

12:13 EDT	AAPL	Samsung says S4 sales to reach 10M next week, Korea Times says Subscribe for More Information

12:01 EDT	AAPL	iPad mini panel shipments from AUO expected to drop this quarter, DigiTimes says AU Optronics' (AUO) shipments of panels for Apple's (AAPL) iPad minis are expected to sink to 2.5M-2.8M in Q2 from 4M in the first quarter, Taiwan-based supply chain sources stated, according to DigiTimes. Reference Link

12:00 EDT	BBY	Stocks with call strike movement; FSLR BBY Subscribe for More Information

11:53 EDT	ENDP	Options with decreasing implied volatility: SGMO ARNA CSC ENDP Subscribe for More Information

11:05 EDT	AAPL	Apple devices approves for use on U.S. military networks, Bloomberg says Subscribe for More Information

11:01 EDT	S	U.S. Cellular declares $5.75 per share special dividend Subscribe for More Information

09:57 EDT	AAPL	Apple devices approved for use by Pentagon, Bloomberg reports Subscribe for More Information

09:37 EDT	AAPL	Active equity option families trading on open Subscribe for More Information

07:46 EDT	CLWR, S	Clearwire investors to force Sprint to up bid, Reuters reports Subscribe for More Information

07:11 EDT	AAPL	Apple to suggest tax reform for offshore cash, Bloomberg reports Subscribe for More Information

06:43 EDT	AAPL	Apple disputing government's e-book allegations, NY Times says Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link

06:12 EDT	AAPL	Apple losing its edge as innovator, poll shows, Bloomberg reports Subscribe for More Information

06:06 EDT	AAPL	On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.

May 16, 2013
19:11 EDT	S	Dish sends letter to FCC over SoftBank, Sprint deal, Reuters says Subscribe for More Information

14:01 EDT	AAPL	Options Update; May 16, 2013 Subscribe for More Information

13:05 EDT	AAPL	Spending on Apple, Android video games jumped in Q1, AllThingsD says In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link

11:37 EDT	BBY	Stocks with call strike movement; AMD BBY AMD (AMD) October 4.5 call volatility increased 4% to 58, Best Buy (BBY) June 30 call option implied volatility increased 3% to 63 according to IVolatility.

10:21 EDT	BBY	Best Buy volatility elevated shares near one-year high into Q1 Best Buy May weekly call option implied volatility is at 71, June is at 61, July is at 55, September is at 51 of 50 is above its 26-week average of 59 according to Track Data, suggesting large near term price movement into the expected release of Q1 earnings on May 20.

10:20 EDT	AAPL	Apple reverses sharply higher after breaking below $420 Subscribe for More Information

10:03 EDT	AAPL, YELP	On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.

10:03 EDT	ENDP	On The Fly: Analyst Upgrade Summary Subscribe for More Information

09:44 EDT	AAPL	Apple falls in early trading, levels to watch The shares are down over 1.6% to $420.77. At that price, next support is at $419.85. Resistance is at $424.85. Among issues that could be contributing to the price decline are continued cutting of postions by hedge funds long the stock, a news item that Apple and its supplier Foxconn are violating work-hour laws in China, and a U.S. Senate inquiry into its treatment of taxes and non-patriated foreign profits.

09:42 EDT	BBY	Best Buy estimates lowered at ITG Research Subscribe for More Information

09:36 EDT	AAPL	Active equity option families trading on open Subscribe for More Information

08:36 EDT	AAPL	Apple says over 50B apps downloaded from App Store Apple announced that customers have downloaded over 50B apps from its App Store. Customers are downloading more than 800 apps per second at a rate of over two billion apps per month on the App Store, the company added.

08:27 EDT	ENDP	Endo Health upgraded to Buy from Neutral at Buckingham Buckingham upgraded Endo Health based on attractive risk/reward and expectations for a more detailed strategy from the new CEO, maybe by Q2 results. Price target remains $41.

07:40 EDT	AAPL	Foxconn and Apple exceeding work-hour laws in China, WSJ reports Subscribe for More Information

07:05 EDT	YELP	Yelp initiated with an Outperform at Cowen

06:47 EDT	AAPL	Apple initiated with a Neutral at Susquehanna Subscribe for More Information

May 15, 2013
17:36 EDT	S	Paulson gives quarterly update on stakes Subscribe for More Information

17:30 EDT	CVS	Relational Investors gives quarterly update on stakes Subscribe for More Information

17:09 EDT	AAPL	Greenlight gives quarterly update on stakes NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).

17:03 EDT	AAPL	Soros gives quarterly update on stakes NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).

16:02 EDT	AAPL	Options Update; May 15, 2013 Subscribe for More Information

15:55 EDT	AAPL	Apple slide attributed to 13F filings, bearish '$240 per share' call, BI says With Apple's stock down sharply over the last two days, analysts and media sources searching for a reason have pointed to 13F filings that show hedge funds have been trimming or liquidating their positions, as well as a publicized call from an Apple bear who said the stock is only worth $240 per share based on its Return On Invested Capital, said Business Insider. Reference Link

13:20 EDT	AAPL	Apple's slide picks up momentum, levels to watch The shares have been on a very steady downward track today, last at $426.45. That is a loss of over 3.9%. At current price, next support would be at $420.05. Resistance is at $428.43.

11:45 EDT	BBY	Stocks with call strike movement; JCP BBY Subscribe for More Information

11:37 EDT	AAPL	Microsoft replacing Xbox points with gift cards, currency, The Verge reports Subscribe for More Information

09:55 EDT	AAPL	Apple slides further, levels to watch Subscribe for More Information

09:55 EDT	AAPL	Tiger Management liquidates stake in Apple Julian Robertson's Tiger Management disclosed today in its quarterly filing that it held no position in Apple. The hedge fund reported owning 42K shares of Apple as of December 31, 2012.

09:44 EDT	BBY	Best Buy Q1results likley below consensus, says Wedbush Wedbush expects Best Buy to report Q1 pro-forma results below consensus due to the reclassification of Best Buy Europe as discontinued operations. The firm expects Best Buy's cash flow to decline and continued margin erosion to result in lower earnings. The firm rates shares an Underperform with a $9 price target.

09:32 EDT	AAPL	InvenSense has multiple positive catalysts, says Pacific Crest Pacific Crest thinks that InvenSense (INVN) remains extremely well positioned to penetrate Apple (AAPL) this year. The firm expects InvenSense to recover market share on Samsung's (SSNLF) Galaxy Note 3, and it recommends buying InvenSense shares.

09:25 EDT	AAPL	Apple unlikely to launch low cost iPhone, says Pacific Crest Subscribe for More Information

08:56 EDT	AAPL	Apple fingerprint sensor seems confirmed by PayPal exec, BGR says Subscribe for More Information

08:19 EDT	AAPL	Samsung shipped 6M Galaxy S4 devices through May 10, androidcentral says Subscribe for More Information

08:08 EDT	AAPL	PC sales decline in Western Europe, Economic Times reports Subscribe for More Information

06:42 EDT	AAPL	U.S. says Apple was "ringmaster" in e-book price fixing scheme, NY Times says The Justice Department is alleging that Apple (AAPL) was "the ringmaster" in an e-book price fixing scheme, according to The New York Times, citing a lawsuit filed by the agency. One piece of evidence the agency is using to try to prove that charge is an e-mail from former Apple CEO Steve Jobs to News Corp's (NWSA) James Murdoch, in which Jobs allegedly suggested that the two companies set specific prices for e-books, the newspaper added. Reference Link U

May 14, 2013
16:00 EDT	AAPL	Options Update; May 14, 2013 Subscribe for More Information

15:16 EDT	AAPL	Apple fades to session lows, down over 2%, levels to watch The shares last hit $443.92 at time of writing. Next support below is at $439.29. Resistance is at $445.25, a prior pivot high.

13:59 EDT	AAPL	Apple shares drop, down 2% to $445.84 Subscribe for More Information

11:51 EDT	BBY	Stocks with call strike movement; JCP BBY J.C. Penney (JCP) June 21 call volatility increased 2% to 60, Best Buy (BBY) June 31 call option implied volatility decreased 2% to 59 according to IVolatility.

11:12 EDT	AAPL	BlackBerry plans to bring BBM to iOS, Android this summer Subscribe for More Information

11:01 EDT	AAPL	BlackBerry says bringing BBM platform to iOS, Android Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event.

10:07 EDT	AAPL	Groupon introduces Breadcrumb point-of-sale app for iPad Subscribe for More Information

09:44 EDT	S	Sprint says will launch BlackBerry Q10 in U.S. in late Summer Subscribe for More Information

09:38 EDT	AAPL	Active equity option families trading on open Subscribe for More Information

08:31 EDT	S	DISH announces $2.5B debt offering, to be used to partially fund Sprint bid Subscribe for More Information

08:18 EDT	AAPL	David Tepper says Citigroup position 'more than twice' Apple stake Subscribe for More Information

08:16 EDT	AAPL	David Tepper says Apple shares 'ok' at current levels Subscribe for More Information

08:15 EDT	AAPL	David Tepper says still owns Apple, cut stake 'a little bit' David Tepper of Appaloosa Management is speaking on CNBC.

07:50 EDT	AAPL	Apple to reach 50B app downloads before Wednesday, Fortune reports Apple is expected to reach 50B app downloads in before midnight Tuesday, reports Fortune. With apps being downloaded at the rate of 580 per second today, things may accelerate considerably as the goal approaches. Reference Link

07:50 EDT	AAPL	Sharp to seek increased sales to Samsung, Reuters reports Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link

06:22 EDT	AAPL	Gartner reports Q1 mobile phone sales growth Subscribe for More Information

05:53 EDT	AAPL	Web browsers are being reinvented, WSJ reports Subscribe for More Information

05:44 EDT	S	Banks work deals from both sides of the field, WSJ reports Subscribe for More Information

May 13, 2013
15:45 EDT	AAPL	Options Update; May 13, 2013 Subscribe for More Information

11:57 EDT	BBY	Stocks with call strike movement; FLSR BBY Subscribe for More Information

10:24 EDT	AAPL	Follow-up: Wedge Partners believes InvenSense shipping units to Apple Subscribe for More Information

09:56 EDT	CVS	CVS Caremark has a conference call hosted by JPMorgan JPMorgan Analyst Gill will host a conference call with CEO Larry Merlo on May 16 at 11 am.

09:50 EDT	S, CLWR	Clearwire sends letter urging stockholders to vote 'for' proposed Sprint transaction Subscribe for More Information

09:39 EDT	AAPL	Active equity option families trading Active equity option families trading on open according to Track Data: AAPL C TSLA LVS GILD FSLR

09:27 EDT	ENDP	Endo Health downgraded to Market Perform from Outperform at William Blair

09:25 EDT	ENDP	On The Fly: Pre-market Movers Subscribe for More Information

09:04 EDT	ENDP	Endo Health falls 4.8% Endo Health is down 4.8%, or $1.67, to $33.30

09:03 EDT	YELP	Yelp falls 2.9% Yelp is down 2.9%, or 91c, to $30.02

08:32 EDT	CVS	Walgreens extends CVS Caremark network provider agreement Subscribe for More Information

08:24 EDT	S	Softbank pressuring potential Dish investment banks, FT reports Subscribe for More Information

08:13 EDT	ENDP	Endo Health price target lowered to $31 from $35 at Susquehanna Subscribe for More Information

07:58 EDT	AAPL	Barclays' technology research team holds analyst/industry conference call Analyst Research Team discusses the supply chain and major trends on an Analyst/Industry conference call to be held on May 13 at 10 am.

07:49 EDT	ENDP	FDA decision on Opana a modest positive for Impax, says Leerink Leerink views the FDA's denial of Endo's (ENDP) Citizen Petition as a modest positive for Impax (IPXL), which it notes is the sole holder of 180 day exclusivity on generic Opana. However, Leerink says upside for Impax will be limited as Actavis (ACT), Sandoz, and Teva (TEVA) have settlements to enter the market starting in June 2013 when Impax's 180-day generic exclusivity expires.

07:45 EDT	ENDP	Endo Health price target lowered to $36 from $42 at Stifel Subscribe for More Information

07:32 EDT	ENDP	Endo Health downgraded to Sell from Neutral at Lazard Capital Subscribe for More Information

07:20 EDT	ENDP	Endo Health price target lowered to $37 from $47 at Jefferies Jefferies lowered its price target for Endo Health after the FDA ruled that crushable Opana generics can come to market. The firm keeps a Buy rating on the stock, saying the company's spending flexibility is underappreciated.

06:48 EDT	ENDP	Endo Health downgraded to Fair Value from Buy at CRT Capital Subscribe for More Information

May 12, 2013
18:49 EDT	AAPL	ABC app to let users live stream local programming, NYT says ABC, a unit of the Walt Disney Company (DIS), will unveil the "live" function for its app for iPhones (AAPL) and iPads, allowing users around New York and Philadelphia to live stream all the programming from ABC’s local stations there, says the New York Times. Reference Link

May 11, 2013
14:26 EDT	AAPL	Pentagon expects to give clearance for Apple mobile devices, Bloomberg says The U.S. Defense Department plans to give clearance for Apple mobile devices for use on its networks early next week, says Bloomberg, citing a Pentagon spokeswoman. Reference Link

13:39 EDT	S	Softbank says Dish-Sprint deal poor match, Bloomberg reports The CEO of SoftBank (SFTBF) Masayoshi Son criticized the concept of Dish Network's (DISH) offer to buy Sprint Nextel (S), saying the satellite company would be a poor fit for a wireless carrier, while the synergies of a SoftBank-Sprint deal will result in significant cost savings. Reference Link

May 10, 2013
17:16 EDT	S, CLWR	Crest Financial takes first step to perfect appraisal rights of Clearwire shares Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed.

16:59 EDT	ENDP	Endo Health says FDA denial could cut FY13 adjusted EPS by 55c Subscribe for More Information

16:01 EDT	AAPL	Options Update; May 10, 2013 CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.

15:45 EDT	ENDP	Endo Health trading halted, pending news

15:44 EDT	ENDP	Endo Health denied petition to block Opana ER generics Subscribe for More Information

12:17 EDT	CLWR, S	ISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint Subscribe for More Information

11:31 EDT	BBY	Stocks with call strike movement; FLSR BBY First Solar (FSLR) June 60 call volatility decreased 2% to 58, Best Buy (BBY) June 28 up 2% to 60 call option implied volatility decreased 2% to 52 according to IVolatility.

09:38 EDT	AAPL	Active equity option families trading Subscribe for More Information

09:23 EDT	CLWR, S	Sprint says ISS recommends Clearwire shareholders vote in favor of merger Subscribe for More Information

08:03 EDT	AAPL	Lenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports Subscribe for More Information

07:09 EDT	S	Dish gets Jefferies Group financing in Sprint bid, Bloomberg reports Subscribe for More Information

07:08 EDT	S	ESPN considers subsidizing wireless data plans, WSJ reports Subscribe for More Information

07:07 EDT	AAPL	Apple margin decline concerns overblown, says Piper Jaffray Subscribe for More Information

06:10 EDT	S	On the Fly: Periodicals Wrap-Up Subscribe for More Information

May 9, 2013
18:12 EDT	CLWR, S	Softbank CEO says Sprint takeover to offer pricing advantage, WSJ reports In an interview with The Wall Street Journal, Softbank (SFTBF) CEO Masayoshi Son said the proposed takeover of Sprint (S) will allow the combined company to bring a pricing advantage to the U.S. wireless market. The report also says Son has assured regulators networking equipment from Huawei Technologies would be removed from Clearwire's (CLWR) network as a condition for getting approval. Reference Link

16:52 EDT	ENDP	BDSI's Phase 3 trials for BEMA Buprenorphine to finish late 2013 or early 2014 Subscribe for More Information

16:44 EDT	ENDP	Blue Ridge Capital reports 5.98% passive stake in Endo Health Subscribe for More Information

15:25 EDT	AAPL	Royalty talks for Apple's iRadio hit snag, FT reports Subscribe for More Information

15:09 EDT	S, CLWR	Softbank CEO says Sprint wouldn't allow Clearwire bankruptcy filing, DJ reports Subscribe for More Information

14:06 EDT	S, CLWR	Crest Financial issues statement urging Clearwire holders vote against merger Subscribe for More Information

12:54 EDT	S	DISH Chairman says sale of spectrum or whole company options if Sprint bid fails Subscribe for More Information

12:53 EDT	AAPL	Gundlach says would own Apple vs. short over next six months Subscribe for More Information

12:52 EDT	AAPL	Gundlach says 'not positive or negative' on Apple shares DoubleLine CEO Jeff Gundlach is speaking on CNBC.

12:51 EDT	AAPL	Gundlach says Apple shares 'not expensive at all' Subscribe for More Information

12:51 EDT	AAPL	Gundlach says Apple short covered, 'easy money' has been made Subscribe for More Information

12:44 EDT	S	DISH's Ergen: If Sprint bid unsuccesful, could sell spectrum or whole company Comment made on Q1 earnings conference call.

09:38 EDT	AAPL	Active equity option families trading Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD.

07:58 EDT	S	Softbank says it will save Sprint $3B by 2017, Bloomberg reports SoftBank (SFTBF) defended its takeover bid for Sprint Nextel (S) against a counteroffer by Dish Network (DISH), telling investors that its deal will bring about $3B in annual operating savings by 2017, reports Bloomberg. The merged companies will also be able to cut Sprint’s capital spending by 32% to 36%, SoftBank said. President Masayoshi Son presented the numbers to Sprint investors in a meeting in New York, sources said. Reference Link

07:12 EDT	AAPL	Apple parts assembler increases China workforce 40%, Bloomberg reports Subscribe for More Information

06:10 EDT	AAPL	On the Fly: Periodicals Wrap-Up Subscribe for More Information

05:50 EDT	AAPL	Samsung using its own parts to cut costs, WSJ reports Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link

May 8, 2013
16:00 EDT	AAPL	Options Update; May 8, 2013 CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data.

13:40 EDT	AAPL	Water pours into Apple store in NYC, New York Post says Subscribe for More Information

12:07 EDT	BBY	Stocks with call strike movement; BBY MNST Best Buy (BBY) June 29 call option implied volatility decreased 2% to 59, Monster Beverage (MNST) May 62.5 call option implied volatility decreased 1% to 64 according to IVolatility.

12:06 EDT	BBY	Stocks with call strike movement; BBY MNST Subscribe for More Information

11:23 EDT	YELP	Yelp slips from life highs, levels to watch Subscribe for More Information

10:55 EDT	AAPL	Sharp to reportedly start iPhone 5S LCD production in June, Apple Insider says Sharp (SHCAY) is supposedly readying one of its Japanese plants to begin manufacturing LCDs for Apple's (AAPL) "iPhone 5S" in June, said Apple Insider, citing Japan's Nikkan Kogyo Shimbun. Reference Link

10:53 EDT	YELP	Yelp volatility at low end of historic range Subscribe for More Information

10:40 EDT	YELP	Salesforce.com, Yelp rumored as potential Sohn short mentions, Kass says Subscribe for More Information

10:16 EDT	AAPL	Apple spikes higher from the lows, levels to watch The stock has taken off to the upside from early lows in an intraday pattern almost exactly that of Google (GOOG) which is trading at session highs as well. At the current price of $463.01, next resistance is at $464.52. Support is at $460.53. Traders for today at least may want to track the high correlation of Google and Apple as it is relatively rare and may be a footprint of a buy program.

10:00 EDT	ENDP	On The Fly: Analyst Downgrade Summary Subscribe for More Information

09:37 EDT	AAPL	Active equity option families trading on open Subscribe for More Information

08:40 EDT	ENDP	Endo Health downgraded to Neutral from Buy at Buckingham Subscribe for More Information

07:44 EDT	BBY	BofA/Merrill's retail analysts hold an analyst/industry conference call Specialty Retail Analyst Hutchinson provides an update on April monthly sales, earnings and industry trends on an Analyst/Industry conference call. Relevant covered companies BBBY, BBY, BJ, CHS, COH, COST, DG, DLTR, FDO, FL, GPS, KR, KSS, LOW, M, NDN, PLCE, SKS, SWY, TGT, TJX, WMT and ZLC may be included on the Analyst/Industry conference call to be held on May 9 at 1 pm.

07:26 EDT	AAPL	T-Mobile USA says 500K iPhone 5 sold to date T-Mobile USA (TMUS) said, to date, the company has sold approximately 500,000 iPhone5's to new and existing customers. T-Mobile began selling Apple's (AAPL) iPhone at all company-owned stores in combination with the new Simple Choice service plan on April 12, the company noted.

07:10 EDT	AAPL	Samsung faced with hugh cash pile, WSJ reports Samsung (SSNLF) now faces a new, enviable Apple-like (AAPL) challenge: a mammoth pile of unspent, accumulated cash. The company said its cash and cash equivalents grew to nearly $40B at the end of March. After stripping out debt, their net cash position is $28.5B, reports the Wall Street Journal.Reference Link

07:01 EDT	ENDP	Endo Health downgraded to Underperform from Neutral at Cowen

06:15 EDT	AAPL	Apple wants Google documents in Samsung suit, Bloomberg reports Subscribe for More Information

06:06 EDT	S	Sprint holds off on giving DISH access to books, NY Post reports Subscribe for More Information

06:05 EDT	AAPL	On the Fly: Periodicals Wrap-Up Subscribe for More Information

May 7, 2013
16:01 EDT	AAPL	Options Update; May 7, 2013 Subscribe for More Information

15:23 EDT	AAPL	Sohn conference presentations likely to move stocks again The Sohn Investment Conference is set to take place tomorrow in New York City. Among the notable presenters are David Einhorn, Bill Ackman, and Jeff Gundlach, each of whom presented a year ago. LOOKING BACK: A year ago, both Gundlach and Einhorn addressed Apple (AAPL) in their presentations, taking opposite sides of the trade. Gundlach said that he was short Apple, while Einhorn said he was long the stock. Gundlach reiterated his short position on Apple in a number of interviews during the year, including a prediction in January that Apple shares would reach $425 in the first quarter, a level the stock closed below on March 4. On April 29, Gundlach told CNBC he was no longer short Apple. Einhorn, meanwhile, filed a suit against the company in February in an effort to get it to distribute some of its cash hoard to investors. Earlier today, Einhorn said in an earnings conference call for Greenlight Capital that he has added to his Apple long position and praised the company's plan to return more capital to holders. Apple shares are down more than 19% over the last year, though shares have rallied more than 15% from their April lows. At last year's conference, Bill Ackman discussed his long position in J.C. Penney (JCP). Ackman, a member of Penney's board, said the company was going through with its in-store makeover strategy, led by then CEO Ron Johnson. J.C. Penney shares have slipped 50% over the last year, with Johnson leaving his CEO post on April 8. OTHER POSITIONS: Over the last year, both Einhorn and Gundlach have mentioned shorting Chipotle (CMG). In October, Einhorn recommended shorting Chipotle, saying Taco Bell (YUM) was a threat to the burrito chain. At a presentation last month, Gundlach said the idea of a gourmet burrito is an oxymoron. Shares of Chipotle are down more than 3% today ahead of tomorrow's conference, though neither investor has confirmed they hold short positions in its shares. In addition to his long position in J.C. Penney, Ackman has a high-profile short position in Herbalife (HLF), which he has called "a pyramid scheme." Ackman has been in a public spat with Carl Icahn over the company in which, according to Icahn's most recent SEC filings, he holds a better than 15% stake. Herbalife shares, which lost more than 39% following Ackman's initial presentation, are up slightly better than 1.5% since Ackman's initial comments. OTHER PRESENTERS: Investors will also be watching comments in any individual stocks from famed short-seller Jim Chanos, as well as comments from Kyle Bass, who has been outspokenly bearish on Japan. Also presenting is Paul Singer of Elliott Management, which is currently in a proxy fight with Hess (HES) in an effort to add five independent directors to the company's board. Keith Meister of Corvex Management, which along with Related Fund Management has been seeking change at CommonWealth REIT (CWH), is also set to take the stage.

12:54 EDT	AAPL	Google rumored to be planning stores to sell Google Glass, Business Insider says Google (GOOG) is rumored to be planning retail stores specifically to sell Google Glass, Business Insider reports, citing a source. Previous reports suggested Google was developing retail stores, like Apple (AAPL) and Microsoft (MSFT), to sell a variety of products. Reference Link

11:39 EDT	BBY, AAPL	Samsung to open mini-shops in 1,400 Best Buy stores, LA Times reports Subscribe for More Information

11:37 EDT	BBY	Stocks with call strike movement; FSLR BBY First Solar (FSLR) September 48 call volatility decreased 5% to 55, Best Buy (BBY) June 29 call option implied volatility increased 1% to 57 according to iVolatility.

10:19 EDT	YELP	Hack reveals AR app possibilities on Google Glass, engadget says Subscribe for More Information

09:40 EDT	AAPL	Greenlight's Einhorn says stake increased Apple David Einhorn said today on the conference call for Greenlight Capital Re (GLRE) that he increased his position in Apple (AAPL). Einhorn called Apple's decision to issue debt and return cash to shareholders as a "major step forward."

08:38 EDT	AAPL	Amazon leak reveals planned Windows 8 mini-tablet, Telegraph says According to a listing that appeared briefly on Amazon's (AMZN) U.S. website before being removed, a new 7-inch Acer tablet priced at $379.99 will be the first Microsoft (MSFT) Windows 8 small tablet, reported The Telegraph. This device is expected to be the first of number of mini W8 tablets that will compete with Apple's (AAPL) iPad Mini, Google's (GOOG) Nexus 7 and Amazon's own Kindle Fire, the report added. Reference Link

07:32 EDT	RIGL	Rigel Pharmaceuticals reports Q1 EPS (29c), consensus (30c) Subscribe for More Information

07:28 EDT	S	HMG Strategy to host a summit Subscribe for More Information

07:23 EDT	AAPL	Apple rumored to be planning more than one low-cost iPhone, Electronista reports Apple is said to be planning more than just a single model of the "low-cost" iPhone, Electronista reports, citing a parts supplier. The rumored phone would be aimed at developing markets and cost around $330-$400. Reference Link

07:18 EDT	CLWR, S	FCC okays LightSquared spectrum test, WSJ reports Subscribe for More Information

07:10 EDT	S	Softbank president to meet with Sprint's major shareholders, Reuters reports Subscribe for More Information

07:10 EDT	AAPL	Some handset makers, telecoms seek third mobile platform, WSJ reports Subscribe for More Information

07:08 EDT	ENDP	Endo Health sees FY13 adjusted EPS $4.40-$4.70, consensus $4.50 Sees FY13 revenue $2.8B-$2.95B, consensus $2.9B. Sees FY13 effective tax rate 28.5%-29.5%

07:07 EDT	ENDP	Endo Health reports Q1 adjusted EPS $1.09, consensus $1.09 Subscribe for More Information

06:24 EDT	AAPL	Foxconn to shift iPhone orders to handset subsidiary, DigiTimes says Foxconn is planning to switch its iPhone orders to its handset subsidiary Foxconn International Holdings, reports DigiTimes. According to industry sources, the shift in orders is still subject to approval from Apple and was made to improve the handset business. Reference Link

06:07 EDT	S, AAPL	On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports.

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