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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:06 EDTEA, EBAY, MSFTElectronic Arts names Ken Moss as Chief Technology Officer
Electronic Arts (EA) announced on its website that it has named Ken Moss as its Chief Technology Officer. As CTO, Ken will lead the organization, strategy and vision for EA’s Digital Platform and Information Technology divisions. Moss comes to EA most recently from eBay (EBAY), where he led the Marketplace Technology, Science and Data global organization. He is a 20-year veteran of Microsoft (MSFT), where he founded and led the engineering and product teams on Search -- which later became Bing -- and played an important role in Microsoft’s transition to large-scale services. Reference Link
News For EA;EBAY;MSFT From The Last 14 Days
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October 13, 2014
16:04 EDTMSFTSkullcandy announces two ASTRO headsets compatible with Xbox One
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13:10 EDTMSFTGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
12:37 EDTEBAYeBay initiated with a Sector Perform at Portales
09:09 EDTMSFTMicrosoft Q1 results likely to beat expectations, says Bernstein
Bernstein believes that Microsoft's cloud business continues to grow, and it expects adoption of the company's cloud products to accelerate this quarter. The firm reiterates a $56 price target and Outperform rating on the shares.
07:15 EDTMSFTNational Association of Corporate Directors to hold a conference
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06:12 EDTEBAYStocks with implied volatility below IV index mean; GPS EBAY
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October 10, 2014
10:04 EDTEBAYXoom could be a acquisition of target of PayPal, says Monness Crespi
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10:01 EDTEAOn The Fly: Analyst Upgrade Summary
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07:59 EDTEAElectronic Arts upgraded to Buy from Hold at Benchmark Co.
Benchmark Co. upgraded Electronic Arts to Buy with a $42.50 price target saying the company's upcoming Q2 results will likely beat expectations and drive share upside.
06:00 EDTEBAYStocks with implied volatility below IV index mean; GPS EBAY
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October 9, 2014
14:28 EDTEBAYIcahn says Andreesen should be removed from eBay board
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13:39 EDTMSFTMicrosoft says committed to Surface Pro 3
Microsoft's Brian Hall acknowledged in a post to the company's Surface blog that the company has recently received a lot of interest and questions from businesses about Microsoft’s longer-term commitment to Surface is in businesses of all sizes. Surface Pro 3 will continue to support Windows 8.1 and be upgrade-able when Windows 10 is released, Hall stated. Hall also announced a limited-time Surface Laptop Replacement Bundle that provides up to $150 off of a Surface Pro 3, Type Cover and Docking Station when purchased together, available through Microsoft's authorized resellers in the U.S. starting immediately. "Businesses can buy with confidence. We are here to stay," Hall, the General Manager for Surface, stated in concluding the blog post. The Fly notes that DigiTimes, citing sources from the upstream supply chain, reported earlier that Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for the Surface Pro 3. Reference Link
10:00 EDTMSFTOn The Fly: Analyst Initiation Summary
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09:38 EDTMSFT, EBAYActive equity options trading on open
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09:01 EDTMSFTSony moves step further toward sale of PS4 in China, WSJ says
Sony (SNE), which seeks to join Microsoft (MSFT) in selling video game consoles in China, may see a partner company start packaging its consoles in the nation in December, said The Wall Street Journal, citing a filing posted by a Sony local partner on the official website of Shanghai’s free-trade zone. A Sony spokesperson said the facility's ability to package 200,000 consoles a year, which was communicated in the filing, does not represent an actual business plan and declined to comment further on Sony’s plans. Reference Link
08:53 EDTMSFTAbout 1,000 workers went on strike for several hours at Foxconn plant, WSJ says
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06:42 EDTMSFTMicrosoft CEO admits 'mistakes' with Windows 8, Business Insider reports
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06:41 EDTMSFTMicrosoft initiated with a Market Perform at BMO Capital
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06:31 EDTMSFTFiling says Sony to begin console packaging in China, Bloomberg says
A filing on the website of the China Pilot Free Trade Zone said that Sony (SNE) is aiming to begin packaging over 200K new video game consoles starting in December in China, according to Bloomberg, citing the filing which was verified as authentic by a spokesman for Sony Computer Entertainment. The company is looking to accumulate sales in the country as the end of a 14-year ban on the devices approaches. Microsoft (MSFT) already began selling Xbox Ones in China. Reference Link
06:24 EDTMSFTMicrosoft rumored to cancel Surface tablet business, DigiTimes reports
Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for its Surface Pro 3 tablet, reports DigiTimes. According to sources from the upstream supply chain, the first and second generation Surface tablets are estimated to have created losses of about $1.7B. Reference Link
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