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Stock Market & Financial Investment News

News Breaks
January 10, 2014
08:40 EDTDTV, BLK, VLKAY, NTDOY, GOOG, DT, NFLX, GS, OMC, SNE, AAPL, T, BKS, DDAIF, PUBGY, MSFT, FOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Ford's (F) Mulally ended flirtation with Microsoft weeks ago...Banks make cuts as mortgage refinancing slows...Apple‘s (AAPL) new, lucrative customer base: companies...DOJ plans additional action against banks over laundering...Google (GOOG) loses India election contract over data concerns...REUTERS: Video game makers (MSFT; SNE, NTDOY) challenged by China pirating...EU clears Publicis (PUBGY), Omnicom (OMC) $35B merger...Volkswagen (VLKAY) to build SUVs in Tennessee...BLOOMBERG: Skagen: Ignore Wall Street banks, buy emerging markets...Mercedes (DDAIF) closes gap with Audi (VLKAY)on compact cars...Goldman Sachs (GS) unit denies dumping Singapore client's stock...NY AG investigating brokerages to analysts after BlackRock (BLK) deal... Barnes & Noble's (BKS) Nook struggles against E-book prices (Businessweek)...NEW YORK TIMES: Banks may have to pay nearly $50B to settle mortgage allegations...ASSOCIATED PRESS: Netflix (NFLX) app to stream 4K on new televisions right away...LOS ANGELES TIMES: DirecTV (DTV) 'rethinking' relationship with WWE...HUFFINGTON POST: Google (GOOG) changes makes gmail accounts less private...DAILY MAIL: AT&T (T), Deutsche Telecom (DT) may be interested in Orange.
News For F;AAPL;GOOG;MSFT;SNE;NTDOY;PUBGY;OMC;VLKAY;DDAIF;GS;BLK;BKS;NFLX;DTV;T;DT From The Last 14 Days
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April 6, 2015
09:56 EDTGOOGGoogle in talks with Hutchison for cheaper overseas calls, Telegraph reports
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09:51 EDTVLKAYVolkswagen to increase TN plant expansion, Chattanooga Times Free Press says
Volkswagen looks to increase a a planned expansion at its Chattanooga plant by another 130,153 square feet, reports the Chattanooga Times Free Press. According to city documents, the increase would boost the size of the originally planned expansion by about 25% and would cost nearly $18M more. Reference Link
09:36 EDTAAPL, GOOGActive equity options trading on open
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07:45 EDTMSFTMicrosoft upgraded at Wells Fargo
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07:34 EDTMSFTWells Fargo upgrades Microsoft on improved strategic position
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07:29 EDTAAPLApple Watch cannot launch in Switzerland due to patent issue, Reuters says
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06:45 EDTTQualcomm downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Qualcomm (QCOM) to Market Perform, removed the stock from its Top Picks list and dropped its price target for shares to $72 from $80. FBR said the moves were prompted by a posting on AT&T's (T) website which said the carrier’s version of the GS6 smarphone is powered by the Samsung Exynos 7420 processor with a Shannon 333 modem as opposed to Qualcomm's Snapdragon platform. FBR still expects the Verizon (VZ) and Sprint (S) GS6 versions to sport Qualcomm modems, but it believes the change at AT&T signals Samsung’s "clear intent to utilize proprietary baseband whenever and wherever possible." Shares of chip maker Qualcomm closed Thursday down $1.46 to $67.97.
06:32 EDTGOOGGoogle Ventures-backed Buttercoin to shut down
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06:31 EDTMSFTMicrosoft upgraded to Outperform from Market Perform at Wells Fargo
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06:28 EDTMSFTMicrosoft completes latest round of layoffs, Business Insider reports
Microsoft has completed its latest round of layoffs in a move to "remove role overlap, optimize activities and functions, align disciplines with the rest of Microsoft, and, perhaps most importantly, reshape IT for the skills we need to transform," Business Insider reports, citing an email from Chief Information Officer Jim DuBois. A company spokesperson commented that the company believes this will be the "last of the anticipated broad cuts as part of the restructuring plan announced last July." Though it is unclear how many employees were laid off in this round, affected workers are coming from Microsoft's divisions and not focused on former Nokia employees. Reference Link
06:20 EDTAAPLGarmin downgraded to Sell from Buy at Citigroup
Citigroup analyst Jeremy David downgraded Garmin two notches to Sell from Buy saying competitive pressures are likely to stall the growth of the company's GPS fitness watch business. He also thinks revenue trends in Garmin's Outdoor segment could disappoint as the year progresses. David expects Garmin to miss consensus earnings and revenue expectations in Q1 and views the Apple (AAPL) Watch launch as another potential negative catalyst for shares. He cut his price target for the stock to $42 from $68. Shares of the navigation and information device maker closed Thursday down 58c to $46.49 after Goldman Sachs downgraded the stock Neutral from Buy.
06:11 EDTAAPLSamsung expected to win A9 chip orders for next iPhone, Bloomberg reports
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05:54 EDTGOOGYouTube planning advertising campaign aimed at Canada, Globe and Mail says
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April 5, 2015
17:35 EDTSNESony acquiring 'important parts of OnLive'
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16:56 EDTGOOG, AAPLEU considers major probe into Internet platforms, WSJ says
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16:29 EDTNFLXNetflix's 'House of Cards' to return for fourth season
Netflix's official twitter account for "House of Cards" tweeted on Thursday the following: "I will leave a legacy." Along with the tweet was a picture with an upside down American flag that said, "Season 4 coming in 2016." Reference Link
15:52 EDTFNHTSA to reopen investigation into Ford sedan exterior lighting failures
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14:32 EDTGOOGAntitrust suit against Google over Android app limits dropped, Reuters says
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09:10 EDTAAPLApple Watch to be sold by appointment only, Barron's says
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08:43 EDTTAT&T, Philip Morris, eight others have reliable yields up to 5.7%, Barron's says
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