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Stock Market & Financial Investment News

News Breaks
December 7, 2012
13:41 EDTT, AAPL, AKAM, CMarket poised to end week little changed as fiscal cliff fears continue
Stocks are set to end the week little changed as continued fears over the fiscal cliff kept the market range bound. MACRO NEWS: House Speaker John Boehner said earlier today that little progress had been made on fiscal cliff negotiations, even though some Republicans earlier in the week signaled that they could be open to tax rate increases demanded by President Obama... More jobs than expected were added to the economy in November, and the unemployment rate dipped to 7.7% from 7.9%, but investors seemed unimpressed by the data. One reason for the skepticism was that declines in the labor participation rate were the main cause of the drop in unemployment. COMPANY NEWS: Citigroup (C) said it would lay off 11,000 people, and, as a result, take a $1B pre-tax charge this quarter. The bank expects to save $900M in 2013 and $1.1B each year beginning in 2014 due to the layoffs... Apple's (AAPL) stock is set to finish much lower again this week. A number of hypotheses were made in an attempt to explain the weakness. Weak smartphone sales by AT&T (T) in October and November and technical milestones reached by the shares were two of the more popular explanations... On a positive note, Internet content delivery company Akamai (AKAM) jumped after announcing an alliance with AT&T.
News For C;AAPL;T;AKAM From The Last 14 Days
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November 12, 2014
07:28 EDTCBofA/Merrill to hold a conference
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06:36 EDTAAPLOrder visibility highest for Apple, Lenovo shipments in 2015, DigiTimes says
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06:12 EDTCCFTC fines five banks $1.4B for manipulation of FX benchmark rates
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06:05 EDTCFCA fines five banks $1.7B over FX trading operations
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06:00 EDTTAT&T implied volatility of 12 at lower end of index mean range
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November 11, 2014
16:01 EDTAAPLOptions Update; November 11, 2014
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14:30 EDTCBanks to be hit with billions in fines for currency manipulation, Telegraph says
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13:09 EDTAAPLApple to face lawsuit on failed texts when switching to Android, Reuters says
Apple must face a U.S. federal lawsuit for failing to alert consumers that text messages may be interrupted after switching to an Android-based phone from an iPhone, says Reuters. Reference Link
12:09 EDTAKAMRackspace soars after Q3 results top estimates, $500M share buyback plan
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10:00 EDTAKAMOn The Fly: Analyst Initiation Summary
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09:55 EDTAAPLAlibaba, Apple working out details on partnership in China, WSJ reports
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09:37 EDTAAPL, CActive equity options trading
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08:15 EDTAAPLAlibaba says willing to collaborate with PayPal in future, Bloomberg reports
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07:35 EDTAAPLApple price target raised to $125 from $115 at UBS
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07:24 EDTTAT&T move will discourage others seeking in-flight Wi-Fi, says William Blair
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07:15 EDTAKAMAkamai initiated with an Outperform at Macquarie
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07:14 EDTCJudge allows Citigroup to process next Argentina bond payout, Reuters reports
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06:31 EDTAAPLApple making aggressive move into corporate market, Reuters says
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06:03 EDTAAPLQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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05:59 EDTTAT&T implied volatility of 12 at lower end of index mean range
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