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Stock Market & Financial Investment News

News Breaks
November 14, 2012
12:39 EDTFB, STMP, ANF, IAG, CSCOOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday as the sluggish trading that has persisted since the end of the U.S. election continues. The averages began the session in positive territory but were unable to improve on their opening prices. The fiscal cliff continues to weigh on the market as lawmakers continue to comment to the press regarding its urgency but have not offered any solutions. The lack of movement on the issue, coupled with new, more aggresive revenue demands from the president, have kept investors anxious and unwilling to bid up the market... ECONOMIC EVENTS: In the U.S., retail sales fell 0.3% in October, versus expectations for a decline of 0.2%. Producer prices fell 0.2% in the month, versus forecasts for them to have increased 0.2%. Excluding food and energy, the core reading fell 0.2%, versus the expected increase of 0.4%. Business inventories rose 0.7% in September, versus expectations for an increase of 0.6%. In Europe, industrial production dropped the most in more than three years in September, declining 2.5% from August and 2.3% from the prior year... COMPANY NEWS: Cisco (CSCO) reported stronger than expected first quarter results and generally in-line second quarter earnings guidance, sparking an upgrade at Pacific Crest and a 6% rally in its shares... MAJOR MOVERS: Among the notable gainers was Abercrombie & Fitch (ANF), which surged over 27% after its better than expected quarterly results and full year guidance prompted at least four upgrades of its stock. Also higher were shares of Facebook (FB), up 9% in spite of a massive IPO lock-up expiration that allowed employees and early investors in the company to sell their shares. Among the noteworthy losers were IAMGOLD (IAG), down 18% after reporting its quarterly results and revising its gold production guidance for its next fiscal year, and Stamps.com (STMP), down 11% after Craig-Hallum said the company's site experienced a number of outages in November due to IT issues... INDICES: Near 12:30 pm ET, the Dow was down 75.18, or 0.59%, to 12,681.00; the Nasdaq was down 7.48, or 0.26%, to 2,876.41; and the S&P 500 was down 6.54, or 0.48%, to 1,367.99.
News For CSCO;ANF;FB;IAG;STMP From The Last 14 Days
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June 26, 2015
09:36 EDTFBActive equity options trading on open
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June 25, 2015
19:34 EDTFBAirbus, Qualcomm, others invest $500M in OneWeb's global internet initiative
OneWeb announced it has raised $500M in funding from a number of companies, including Airbus (EADSY), Bharti, EchoStar's (SATS) Hughes, Intelsat (I), Qualcomm (QCOM), Coca-Cola (KO), Totalplay, and Virgin Group. OneWeb is engaged in developing satellite technologies to "beam" broadband internet to rural and underdeveloped locations, as well as to ships, planes, trains, and oil platforms. Bharti chairman Sunil Bharti Mittal will be joining Airbus Group CEO Tom Enders as well as Virgin's Richard Branson and Qualcomm's Paul Jacobs on the OneWeb board of directors. OneWeb also reiterated its June 15 announcement of its joint venture with Airbus to design and manufacture 900 microsatellites. "We are committed to giving our full industrial and space expertise to this mission," remarked Airbus' Tom Enders. "Intelsat has the world’s largest fleet of Ku Band geostationary satellites and our interoperability will enable pole-to-pole and urban canyon coverage with new services," said Intelsat. Note that both Facebook (FB) and Google (GOOG) are working on similar projects to facilitate global internet access. Reference Link
16:51 EDTFBFacebook initiated with a Buy at Mizuho
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16:00 EDTFBOptions Update; June 25, 2015
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14:14 EDTANFAbercrombie & Fitch, DoJ settle immigration related employment case
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09:34 EDTFBActive equity options trading on open
Active equity options trading on open: AAPL FB NFLX AMZN BAC CVX TWTR INTC GILD BBBY
07:23 EDTCSCOHouse Energy & Commerce Committee to hold a hearing
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07:02 EDTIAGIAMGOLD intersects high grand gold at Monster Lake project in Quebec
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06:08 EDTFBFacebook hires Yahoo's cybersecurity chief Alex Stamos
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June 24, 2015
19:31 EDTFBGoogle exec 'very confident' in YouTube's lead over Facebook video, BI says
In a Business Insider interview at the Cannes Lions advertising festival, Torrence Boone, Google's (GOOG) VP of global agency sales and services, said the company is "very bullish and confident" that Google's YouTube will maintain its lead over Facebook's (FB) efforts in video. Boone explained that the services serve different functions, with YouTube being a more dedicated video platform. Reference Link
19:20 EDTFBFacebook Messenger app to allow signups without Facebook account
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14:46 EDTFBHBO deal an early sign of Facebook original content plans, says Brean Capital
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14:13 EDTFBApple blocks use of app data to target ads, The Information reports
Apple (AAPL) is "quietly moving" to block companies from accessing data from other, unrelated apps, a practice which was used to target ads, says The Information. The report notes that Facebook (FB) and Twitter (TWTR) often analyze information from other apps on a user's phone in order to better target ads. Reference Link
12:27 EDTFBHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
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11:16 EDTFBOptions with increasing implied volatility
Options with increasing implied volatility: WMB AMZN CMG BIIB VMW QLIK ISRG FB UA FFIV
09:39 EDTFBCLSA media analysts hold an analyst/industry conference call
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09:35 EDTFBActive equity options trading on open
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08:31 EDTCSCOInvestors should weigh waiting for better Arista entry point, says Pacific Crest
Pacific Crest says that Arista's (ANET) new Cloudvision software should have only a minor impact on its 2H15 results. The firm recommends that investors consider waiting for a lower entry point before buying the stock. The firm thinks that such an entry point could materialize during the company's trial versus Cisco (CSCO) this summer. It keeps an $88 price target and Overweight rating on Arista..
07:52 EDTFBFacebook offers South African Cell C users free internet access, Bloomberg says
Facebook will give customers of Cell C access to its free application Internet.org in South Africa, Bloomberg reports, citing an interview with Markku Makelainen, Facebook’s director of global operator partnerships. The service will let Cell C users see Facebook and roughly 30 other websites offering information about healthcare and jobs without being charged for data, the report says. Reference Link
06:00 EDTFBGoogle held 29 high-level meetings in Brussels in 6 months, Financial Times says
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