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Stock Market & Financial Investment News

News Breaks
February 5, 2013
12:33 EDTBIDU, ADM, MHP, MSFT, ACI, EL, LBTYA, DELL, YUM, CSC, VMEDOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday as reports on services companies from around the globe improved the market's tone dramatically from yesterday. The averages moved higher right at the open and extended the gains until the Dow reached the 14K level once again, where it continues to meet resistance... ECONOMIC EVENTS: In the U.S., the day's lone significant economic report showed growth at service companies slowed slightly in January. The Institute for Supply Management's index of non-manufacturing activity dipped to 55.2 in January, which was down from 55.7 in December but above expectations for a reading of 55.0. In Europe, the composite euro-zone services PMI rose to 48.6 in January from a 48.3 reading in the prior month. In China, HSBC's services PMI jumped to 54.0 in January from 51.7 the month before... COMPANY NEWS: Dell's (DELL) expected "go private" deal was officially announced, as private equity firm Silver Lake and Michael Dell agreed to buy the world’s third-largest PC company for $13.65 in cash, or about $24.4B. As widely speculated, the financing for the deal includes a $2B loan from Microsoft (MSFT). Dell shares, which had risen about 22% over the last month amidst the going private chatter, were up another 0.8% to $13.38 following the announcement... Among companies reporting earnings last night and this morning, advancers included CSC (CSC), Estee Lauder (EL), Archer Daniels (ADM), while Yum! Brands (YUM), Arch Coal (ACI), and Baidu (BIDU) declined... MAJOR MOVERS: Among the notable gainers was Virgin Media (VMED), which rose over 16% amid media reports that the company is in talks to be taken over by Liberty Global (LBTYA). Virgin Media confirmed that it is in discussions with Liberty Global concerning a possible transaction, but did not provide any details on the nature of the talks or time frame for an expected resolution. Shares of Liberty Global slid about 3% following Virgin's confirmation. Also lower were shares of McGraw-Hill (MHP), which followed yesterday's nearly 14% slide with another 5% decline after the DOJ confirmed it is suing Standard & Poor's for alleged fraud in rating mortgage-based securities... INDICES: Near noon, the Dow was up 110.24, or 0.79%, to 13,990.32; the Nasdaq was up 32.19, or 1.03%, to 3,163.36; and the S&P 500 was up 13.47, or 0.90%, to 1,509.18.
News For DELL;MSFT;VMED;LBTYA;MHP;CSC;EL;ADM;YUM;ACI;BIDU From The Last 14 Days
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November 18, 2014
06:34 EDTACIArch Coal initiated with an Underperform at BMO Capital
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06:10 EDTMSFTMicrosoft, Real Madrid to announce 'significant' partnership, Re/code reports
Microsoft is expected to today announce a "significant" tie-up with Real Madrid, a Spanish soccer team, Re/code reports. The partnership is likely to be a technology and sponsorship deal. Reference Link
05:49 EDTMSFTStocks with implied volatility movement; MSFT UNG
Stocks with implied volatility movement; Microsoft (MSFT) 19, United States Natural Gas Fund (UNG) 57 according to iVolatility.
November 17, 2014
12:02 EDTMSFTSAP names new Chief Digital Officer, Chief Marketing Officer
SAP (SAP) announced that Jonathan Becher has been appointed as the company's first Chief Digital Officer to lead the company's new digital business unit with immediate effect. SAP has appointed Maggie Chan Jones as Chief Marketing Officer. Jones, who will join SAP from Level 3 Communications (LVLT), spent seven years at Microsoft (MSFT). She has extensive cloud experience having successfully navigated Microsoft's transition from on premise to a cloud business.
08:27 EDTBIDUBaidu rumored to buy payment operator 99Bill, Marbridge Daily says
Baidu has struck a deal to acquire Chinese third-party payment provider 99Bill for RMB 2B, according to TechWeb, reported Marbridge Daily. Reference Link
06:23 EDTMSFTFacebook working on 'Facebook at Work' website, FT reports
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November 14, 2014
16:52 EDTCSCGreenlight Capital gives quarterly update on stakes
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09:38 EDTMSFTActive equity options trading
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09:18 EDTMSFTTyler Technologies signs contract with Ohio Police and Fire Pension Fund
Tyler Technologies (TYL) has signed a contract with the Ohio Police and Fire Pension Fund to implement Microsoft Dynamics AX, an enterprise resource planning solution with public sector functionality that Tyler Technologies jointly developed with Microsoft (MSFT). The contract includes related professional services, licensing, training and support.
09:05 EDTMSFTNPD says U.S. video game sales down 27% in October, Bloomberg reports
U.S. retail sales of video-game hardware and software in October were nearly flat compared to the same month of last year at $790.7M, according to NPD Group, which noted that game sales fell 27% and hardware sales increased 59%, reported Bloomberg. Publicly traded companies in the space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO). Game console makers include Microsoft (MSFT), Sony (SNE) and Nintendo (NTDOY). Reference Link
06:27 EDTLBTYALiberty Global in talks to buy stake in Maxdome, Reuters reports
Liberty Global is in talks to buy a 50% stake in Maxdome, ProSiebenSat.1's streaming service, Reuters reports, citing German daily Handelsblatt. Reference Link
November 13, 2014
11:52 EDTMSFTMicrosoft confirms acquisition of security company Aorato
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09:54 EDTBIDUCtrip.com rises 3.7% to $58.81 amid rumor of Baidu interest
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07:29 EDTMSFTMicrosoft to buy Aorato for about $200M, sources say, WSJ reports
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06:45 EDTMSFTMicrosoft Xbox sales tripled since price cut, CNet reports
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06:20 EDTMSFTAmazon's Web-services chief not threatened by cash threat from rivals, WSJ says
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November 12, 2014
17:22 EDTMSFTMicrosoft says will have sold 10M Xbox One consoles 'shortly'
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07:58 EDTMSFTMicrosoft to hold a conference
Developer Conference is being held in New York on November 12-13 with webcasted discussions will begin on November 12 at 10 am. Reference Link
07:48 EDTMSFTWells Fargo to hold a conference
5th Annual Technology, Media & Telecom Conference is being held in New York on November 12-13.
07:46 EDTACICowen to hold a conference
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