New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 28, 2014
11:39 EDTAAPL, QCOM, SWKS, BRCM, CRUSApple suppliers fall after guidance disappoints investors
A number of companies that sell products to Apple (AAPL) are falling after the tech giant provided lower than expected second quarter revenue guidance. WHAT'S NEW: A difficult comparison with the launch of the iPhone 5 last year, lower iPod sales, inventory changes and currency fluctuations are among the factors that will limit Apple's second quarter revenue, the company's CFO, Peter Oppenheimer, stated on the company's earnings results conference call last night. Analysts believes that a number of other factors, including the saturation of high-end mobile markets and disappointing China sales, also contributed to the lower than expected guidance. Among the stocks that are falling following Apple's guidance are Cirrus Logic (CRUS), Broadcom (BRCM), Qualcomm, (QCOM) and Synaptics (SYNA). Apple is believed to account for about 85% of the revenue of Cirrus Logic, which develops audio components for mobile devices. Apple is believed to use chips made by Qualcomm and Skyworks in its devices, while Broadcom's chips have been incorporated into multiple Apple products. Synaptics supplies sensors for Apple's iPhones. PRICE ACTION: In late morning trading, Cirrus Logic sank 4.4% to $18.75, Broadcom fell 1.3% to $28.90, Qualcomm dropped 1.3% to $72.20, Skyworks slid 2.6% to $29.60, and Synaptics lost 1.25 to $59.50.
News For CRUS;BRCM;SWKS;QCOM;AAPL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
December 8, 2014
13:16 EDTAAPLApple trades off session lows, levels to watch
Subscribe for More Information
09:09 EDTSWKSSkyworks price target raised to $82 from $72 at Sterne Agee
Subscribe for More Information
07:32 EDTSWKSRaymond James to hold a conference
Subscribe for More Information
07:31 EDTQCOMQualcomm announces collabration with vitaphone e-health solutions
Subscribe for More Information
06:37 EDTAAPLApple rumored to be launching 4-inch iPhone in 2015, Times of India reports
Apple is rumored to be developing a new iPhone with a 4-inch display, The Times of India reports, citing a report from The Electronic Times of Taiwan. According to supply chain sources, the device will launch in 2H15. Reference Link
06:22 EDTAAPLApple price target raised to $135 from $120 at Citigroup
Citigroup raised its earnings estimates for Apple after its field work indicated consumers are increasingly buying the higher memory iPhone 6 and 6+. Citi expects purchasing trends towards higher memory devices to drive stronger sales and margins. It believes consensus estimates are yet to factor in this development. The firm raised its price target for Apple shares to $135 from $120 and keeps a Buy rating on the name. Shares of phone maker closed Friday down 49c to $115.
06:15 EDTAAPLLenovo shipments expected to lead Samsung by 9M in 2015, DigiTimes reports
Lenovo (LNVGY) is estimated to beat Samsung (SSNLF) in mobile device shipments in 2015 by about 9M units, reports DigiTimes Research. Lenovo is set to beat Samsung by about 1M units in 2014 and become the second largest mobile computing device brand vendor worldwide behind Apple (AAPL). DigiTimes Research says Lenovo and Samsung plan to focus on maintaining tablet shipments as demand weakens in 2015. Reference Link
December 5, 2014
11:23 EDTAAPLOption volume leaders
Subscribe for More Information
10:56 EDTBRCMBroadcom recommended ahead of December 9 analyst meeting at BofA/Merrill
10:44 EDTQCOMOptions with increasing implied volatility
Subscribe for More Information
09:52 EDTBRCMBroadcom to host analyst day
Subscribe for More Information
09:36 EDTAAPLActive equity options trading
Subscribe for More Information
07:45 EDTAAPLConsensus on Apple iPhone units could be low, says UBS
Subscribe for More Information
06:41 EDTAAPLApple questions validity of plaintiffs in iPod case, NY Times says
Subscribe for More Information
06:03 EDTAAPLiOS mobile traffic shows iPhone 6 launch strong, says Piper Jaffray
Piper Jaffray says that according to Quantcast data, Apple's (AAPL) iOS mobile traffic share increased from 60.6% at iPhone 6 launch to 61.4% nine weeks after launch, while Google's (GOOG) Android decreased from 38.4% to 37.5% in the same period. Piper views the iOS mobile traffic share as further evidence that the iPhone 6 launch in the U.S. is off to a strong start. It keeps an Overweight rating on Apple shares with a $135 price target.
December 4, 2014
17:00 EDTQCOMSilicon Image announces new unit Qterics, Qualcomm participates with investment
Silicon Image (SIMG) announced that Qualcomm (QCOM), has made a $7M strategic investment in Silicon Image’s new subsidiary, Qterics, for a 7% ownership interest. Qterics will be focused on enabling a wide variety of solutions and services for Internet-enabled consumer products including TVs, mobile handsets, tablets, routers, home automation devices, white goods and more. Qterics is comprised of the UpdateLogic services business combined with other related Silicon Image assets, including software and other intellectual property. Current UpdateLogic General Manager, Kurt Thielen, will assume the role of President of Qterics. “Qualcomm is committed to enabling technologies that support our ‘Internet of Everything’ initiatives. Our strategic investment in Qterics further promotes IoE advancements, including the development of solutions utilizing the AllJoyn open source software framework of the AllSeen Alliance for a truly interoperable Internet of Everything,” said Michael Wallace, SVP and General Manager, Qualcomm Internet Services. In addition to the investment, Qualcomm and Silicon Image will explore opportunities to collaborate on promoting the AllJoyn open source software framework and developing new Internet of Everything services
16:00 EDTAAPLOptions Update; December 4, 2014
Subscribe for More Information
09:37 EDTAAPLActive equity options trading
Active equity options trading according to Track Data: AAPL ALTR P BIDU AMZN TSLA X NFLX TWTR WMT
07:54 EDTSWKSSkyworks price target raised to $78 from $72 at Canaccord
Canaccord raised its price target on Skyworks to $78 from $72 citing strong network deployments and improving LTE subscriber growth trends. Canaccord reiterated its Buy rating on Skyworks shares.
06:05 EDTQCOMStocks with implied volatility below IV index mean; WFM QCOM
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 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