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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:47 EDTCMCSA, GSK, TSLA, MSFT, SNE, F, KW, NFX, APC, MUR, WFC, MU, CSCO, CHTR, TWC, ARNAOn the Fly: Periodicals Wrap
WSJ: Comcast's (CMCSA) Obama relationships to be tested in Time Warner Cable (TWC) deal...Charter (CHTR) likely to seek other acquisitions...Cisco's (CSCO) memory issue may be tied to Micron (MU)...REUTERS: Wells Fargo (WFC) moves back into the subprime home market...Murphy Oil (MUR) may sell about $3B of Asian assets...Brightoil interested in Anadarko (APC), Newfield (NFX) China operations...Kennedy Wilson (KW) looks to raise $1.25B from European property unit...BLOOMBERG: Ford (F) sales dominated by small SUVs...Sony (SNE) PlayStation beats Microsoft (MSFT) Xbox One sales...Tesla (TSLA) looking into cause of Toronto Model S fire...OTHER NEWS: GlaxoSmithKline (GSK) interested in Arena (ARNA), Daily Mail reports.
News For CMCSA;TWC;CHTR;CSCO;MU;WFC;MUR;APC;NFX;KW;F;SNE;MSFT;TSLA;GSK;ARNA From The Last 14 Days
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October 17, 2014
09:16 EDTMUMicron management to meet with MKM Partners
Meetings to be held in New York on October 23 and in the Mid-Atlantic area on October 24 hosted by MKM Partners.
08:06 EDTCSCOCisco, Sensity Systems announce strategic relationship
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08:00 EDTCMCSA, TWC, CHTRHBO may have fight with cable operators over OTT service price, Reuters says
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07:31 EDTMUSamsung first to market with new multilayer NAND technology, Nikkei says
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06:45 EDTWFCWells Fargo closes alternative trading system, Reuters says
In response to weak client demand, Wells Fargo is shutting down its "dark pool" trading system, according to Reuters, citing a spokeswoman from the bank. The spokeswoman said that even though the firm will cease offering alternative trading access, it will still offer customers electronic trading tools. Reference Link
06:30 EDTMSFT, SNENPD: Sony PlayStation4 outsells XBox One in September, GameSpot reports
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06:26 EDTMSFT, SNESony says PS4 September's top-selling console
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06:10 EDTTSLATesla initiated with a Buy at MLV & Co.
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06:08 EDTTSLATesla urges veto of Michigan legislation
Tesla said in a blog post regarding the bill passed in Michigan, "We are calling on concerned consumers to contact the Governor and urge him to veto this legislation and return the issue to the legislature for a full and open debate in 2015." It explained, "On October 1, the Michigan Automobile Dealers Association succeeded in passing a bill that is harmful to consumers. The bill, HB5606, was originally a single amendment to existing law designed to ensure that the car dealers can tack additional fees on to the purchase price for all vehicles (from any manufacturer) sold in Michigan. Such fees have a controversial history, are generally regarded with skepticism and have been the subject of consumer concern in other states." Reference Link
October 16, 2014
17:48 EDTMUMicron lower by over 1% to $28 after SanDisk Q3 results and guidance
16:43 EDTWFCWells Fargo commercial banking veteran in Florida Howard Halle to retire
Wells Fargo head of Commercial Banking in Florida, Howard Halle, will retire at year-end. A search for Halle’s successor is underway and is expected to be announced in early November.
16:01 EDTTSLAOptions Update; October 16, 2014
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14:47 EDTMUEarnings Preview: Pacific Crest, RBC positive on SanDisk ahead of report
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14:09 EDTWFCApple confirms October 20 start date for Apple Pay
Apple (AAPL) announced that customers can start making payments on Monday, October 20, when Apple Pay becomes available in the U.S. Users of the iPad Air 2 and iPad mini 3 will be able to use Touch ID on their devices for Apple Pay within apps. The new service will be enabled by a free software update to iOS 8. Apple Pay supports credit and debit cards from the three major payment networks: American Express (AXP), MasterCard (MA) and Visa (V). In addition to American Express, Bank of America (BAC), Capital One Bank (COF), Chase (JPM), Citi (C), Wells Fargo (WFC) and others, who announced support in September, more than 500 new banks from across the country have signed on to Apple Pay, the company said.
10:01 EDTWFCOn The Fly: Analyst Upgrade Summary
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09:39 EDTTSLAActive equity options trading on open
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07:48 EDTSNESony must decide quickly what to do with smartphone strategy, Nikkei says
Sony's (SNE) "One Sony" strategy is built around providing contents to consumers and smartphones are one of three pillars it sees for growth, but the strategy is "on the brink of collapse" as the company falls behind Apple (AAPL) and Chinese rivals, according to the Nikkei Asian Review. Sony officials are debating whether smartphone operations in Asia should be downsized and whether cutting 1,000 jobs, or 15% of its mobile communications workforce, would be warranted, according to the report. Reference Link
07:31 EDTWFCWells Fargo upgraded to Buy from Hold at Argus
Argus upgraded Wells Fargo to Buy with a $54 price target based on valuation and high levels of profitability and returns.
06:34 EDTFChina to punish automakers that miss fuel standards, Reuters reports
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06:00 EDTMSFTMicrosoft says working with YouTube to reinstate content inadvertently removed
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