New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 3, 2012
06:57 EDTCHKP, FIRE, SYMC, IBM, INTCWhite House altered pending cybersecurity order, The Hill says
The White House has made changes to an executive order on cybersecurity that it's preparing to issue, The Hill reported on Friday night. In an attempt to mitigate concerns raised by the tech industry, the executive order now states that it does not endorse one security technology over another, and says that no commercial IT products should be identified as criticial infrastructure "at greatest risk" for an attack, the website explained. Reference Link
News For CHKP;FIRE;SYMC;IBM;INTC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 26, 2014
05:27 EDTINTCIntel to invest up to $1.5B in semiconductor business under Tsinghua Unigroup
Intel Corporation and Tsinghua Unigroup, an operating subsidiary of Tsinghua Holdings, a solely state-owned limited liability corporation funded by Tsinghua University in China, jointly announced that both parties have signed a series of agreements. The purpose of the agreements is to expand the product offerings and adoption for Intel-based mobile devices in China and worldwide by jointly developing Intel Architecture and communications-based solutions for mobile phones. Intel also has agreed to invest up to about $1.5M for a minority stake of approximately 20% of the holding company under Tsinghua Unigroup which will own Spreadtrum Communications and RDA Microelectronics, subject to regulatory approvals and other closing conditions. Under the terms of the agreement, Spreadtrum Communications, Inc. will jointly create and sell a family of Intel Architecture-based system-on-chips, or SoCs. Initial products will be available beginning in the second half of next year and will be Intel Architecture-based SoCs sold by both companies. The companies expect Intelís investment to close in early 2015.
September 25, 2014
16:01 EDTSYMCSymantec names Michael Brown as CEO
Subscribe for More Information
14:29 EDTIBMEarnings 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.
06:08 EDTIBMStocks with implied volatility above IV index mean; IBM BBRY
Subscribe for More Information
September 24, 2014
09:17 EDTINTCIntel rumored to take 20% stake in Spreadtrum, Marbridge Daily says
Subscribe for More Information
September 23, 2014
13:37 EDTIBM21Vianet, IBM launch enterprise Cloud Managed Services in China
Subscribe for More Information
08:11 EDTIBMTech Data expands relationship with IBM
Tech Data (TECD) announced an expanded distribution agreement with IBM (IBM) to offer SoftLayer technologies to its channel of solution providers throughout the U.S. and Europe. The announcement was made in conjunction with Tech Data's Channel Link event.
September 22, 2014
12:52 EDTINTCIntel receives approval from Israel to invest $6B in chip plant, Reuters says
Subscribe for More Information
08:05 EDTIBMIngram Micro signs U.S. agreement with IBM's SoftLayer
Ingram Micro Cloud, a global division of Ingram Micro (IM), announced a new relationship with SoftLayer, an IBM company (IBM). Under the U.S. agreement, Ingram Micro is expanding its relationship with IBM and now offers SoftLayer cloud services to its mutual channel partners within the U.S. As part of the new relationship, Ingram Micro will be able to market, sell and support SoftLayer cloud services and drive solutions and cross-selling opportunities within its partner community and the Ingram Micro Cloud Marketplace. As a master Cloud Services Provider, Ingram Micro will also offer its cloud onboarding capabilities, marketing support, as well as end-to-end technical and operational support to its channel partners focused on building cloud solutions.
06:27 EDTINTCIntel, Rockhip partner to expand x86 presence in tablet market, DigiTimes says
Subscribe for More Information
September 19, 2014
16:24 EDTINTC, IBMStocks rise after Fed keeps pledge for 'considerable time' before rate hike
Subscribe for More Information
16:17 EDTINTC, IBMOn The Fly: Closing Wrap
Subscribe for More Information
11:51 EDTINTCMicrosoft, Intel look to partner with Chinese mobile device makers, Nikkei says
Subscribe for More Information
07:42 EDTINTCIntel dividend can rise up to 45% over next two years, says Jefferies
Subscribe for More Information
06:00 EDTIBMStocks with implied volatility top IV index mean; AMD IBM
Stocks with implied volatility top IV index mean; AMD (AMD) 55, IBM (IBM) 61 according to iVolatility.
September 18, 2014
09:34 EDTIBMAT&T extends NetBond security services to IBM SoftLayer platform
Subscribe for More Information
07:25 EDTIBMActuate to hold a webinar
Database Trends & Applications Webinar will be held on September 18 at 2 pm. Webcast Link
06:50 EDTINTCIntel, Spreadtrum may enter partnership to develop x86 products, DigiTimes says
Intel is looking to promote x86 architecture to China chip designers and may enter a partnership with Spreadtrum, reports DigiTimes Research. The cooperation would allow Intel to fill some of its empty capacity while Spreadtrum would gain advantages from Intel's advanced manufacturing processes to reduce costs. Reference Link
September 17, 2014
12:17 EDTIBMIBM cuts pay by 10% for some employees, ComputerWorld reports
Subscribe for More Information
08:23 EDTIBMIBM to hold a meeting
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use