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Stock Market & Financial Investment News

News For DELL;MSFT;BBRY;LNKD;CMG From The Last 14 Days
Check below for free stories on DELL;MSFT;BBRY;LNKD;CMG the last two weeks.
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May 15, 2013
08:24 EDTBBRYBlackBerry announces Los Angees Sheriff's Department deploys BB10, Enterprise
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08:08 EDTDELLPC sales decline in Western Europe, Economic Times reports
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07:48 EDTBBRYBlackBerry downgraded at Bernstein
As previously reported, Bernstein downgraded BlackBerry to Market Perform from Outperform. The firm downgraded shares based on valuation, lack of near-term catalysts, and risk the company does not meet high expectations. Price target lowered to $15 from $22.
07:38 EDTMSFTMicrosoft has numerous potential catalysts, says Stifel
Stifel names the release of Windows 8.1, a stabilization of the PC market, and the launch of Windows devices costing less than $500 as potential catalysts for Microsoft. The firm raised its price target on the shares to $38 from $36 and keeps a Buy rating on the stock.
06:19 EDTBBRYBlackBerry downgraded to Market Perform from Outperform at Bernstein
Price target lowered to $15.
May 14, 2013
16:23 EDTDELLOn The Fly: Closing Wrap
Stocks on Wall Street were higher on a Tuesday again, keeping the strange "Tuesday in 2013" streak alive. Some positive domestic economic data and bullish commentary from Appaloosa Management's David Tepper set the tone early and the averages traded with an upward bias for almost the entire trading day. Today's advance means that every Tuesday this year has seen the market log gains, and investors will have to wait another week to see if the pattern continues. ECONOMIC EVENTS: The NFIB small business optimism index for April rose to 92.1, versus expectations for it to climb to 90.3 from its prior 89.5 reading. Import prices were reported to have declined 0.5% in April, which was in-line with expectations. Export prices declined 0.7%, versus a forecast for a 0.1% drop in the month. COMPANY NEWS: Dell (DELL) shares lost 6c, or 0.44%, to $13.46 after Dow Jones said the company will report first quarter non-GAAP earnings of 20c per share, 15c below current consensus estimates. That followed an earlier report from CNBC's David Faber, who also said the company will report earnings that miss expectations and accurately called that Dell has moved its report to Thursday, which is earlier than had been expected... Sony (SNE) shares added $1.87, or 9.9%, but closed off their best levels at $20.76 after the New York Times reported that Dan Loeb of Third Point has built a 6.5% stake and proposes that the company take its entertainment unit public. MAJOR MOVERS: Among notable gainers was InterOil (IOC), up $7.46, or 9.57%, to $85.39 after reporting its earnings and saying its talks with "major oil companies and a national oil company" about a potential LNG partnership are in the final stages. Also higher was SodaStream (SODA), up $6.79, or 11.85%, to $64.08 after at least two analyst firms raised their price target on shares following yesterday's analyst day presentations. Among noteworthy losers was Solar City (SCTY), down $4.44, or 12.37%, to $31.44 after the company's first quarter earnings missed expectations and the stock was downgraded by at least two firms. Also lower was Velti (VELT), down 29c, or 14.5%, to $1.71 after its revenue outlook fell below estimates. INDICES: The Dow was up 123.57, or 0.82%, to 15,215.25; the Nasdaq was up 23.82, or 0.69%, to 3,462.61; and the S&P 500 was up 16.57, or 1.01%, to 1,650.34.
16:08 EDTLNKDLinkedIn initiated with a Neutral at RW Baird
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15:36 EDTMSFTMicrosoft confirms Windows 8.1 update scheduled for June 26
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15:03 EDTBBRYBlackBerry falls after company update, levels to watch
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14:36 EDTBBRYTone at BlackBerry user conference more upbeat this year, says RBC Capital
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13:18 EDTDELLDell to report Q1 non-GAAP EPS 20c, Dow Jones says
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12:35 EDTDELLDell holder Pzena prefers Icahn, Southeastern proposal, CNBC reports
Cites statement from Rich Pzena, who called the Icahn and Southeastern proposal "superior" to the "go-private" deal supported by founder Michael Dell.
12:32 EDTBBRYOn The Fly: Midday Wrap
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11:56 EDTBBRYBlackBerry mobile device management opportunity underappreciated, says Jefferies
Jefferies said Blackberry's mobile device management, or MDM, opportunity is underappreciated. The firm expects MDM software to gain traction throughout the year and significantly ramp revenues next year, enabling the company to transition to an attractive business model. Shares are Buy rated with a $22 price target.
11:18 EDTDELLDell earnings to miss consensus expectations, CNBC reports
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11:17 EDTDELLDell May volatility increases into Q1 and revenue outlook
Dell May call option implied volatility is at 33, June and July is at 14; compared to its 14-week average of 16 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on May 16.
11:13 EDTDELLDell moving up earnings announcement to Thursday, CNBC reports
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11:12 EDTDELLDell earnings expected to be below consensus, CNBC reports
11:12 EDTBBRYBlackBerry plans to bring BBM to iOS, Android this summer
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11:01 EDTBBRYBlackBerry says bringing BBM platform to iOS, Android
Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event.
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