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News For FB;AAPL From The Last 14 Days Check below for free stories on FB;AAPL the last two weeks. |
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| June 10, 2013 |
| 13:21 EDT |  | AAPL | Apple CEO says Mac growth outpacing PC industry
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| 13:11 EDT |  | AAPL | Analyst says Apple to update iMac with Intel chip, Inquirer says
According to KGI Securities analyst, Ming-Chi Kuo, Apple (AAPL) will update its iMac line to use Intel (INTC) Haswell processors by July, reports the Inquirer. Reference Link |
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| 13:07 EDT | | AAPL | Apple CEO says company now has 407 retail stores globally
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| 12:50 EDT |  | AAPL | Apple June 445 weekly straddle priced for 3.1% move into Cook’s keynote at WWDC
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| 12:11 EDT |  | AAPL, FB | On The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14. |
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| 11:58 EDT | | AAPL | Pandora puts active on Apple Worldwide Developers Conference
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| 10:57 EDT | | FB | Facebook advances following upbeat Street research
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| 10:28 EDT |  | FB | Facebook rises after upgrade, levels to watch
Shares are currently up over 5%, broadly outperforming the sector and peers, following an upgrade earlier today to Buy at Stifel. At the current price of $24.49, next resistance is at $25. This is an important technical level as it has been both support and resistance. Support is currently at $24.10. |
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| 10:05 EDT |  | AAPL | Apple to webcast live opening keynote at developers conference
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| 10:00 EDT | | AAPL | Apple rises ahead of the World Wide Developer Conference
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| 09:39 EDT | | AAPL | Active equity option families trading on open
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| 09:28 EDT | | FB | On The Fly: Pre-market Movers
HIGHER: Monsanto (MON), up 3.5% after Monsanto following upgrade at Macquarie, comments from Morgan Stanley on implications of potential approval of product in China... Facebook (FB), up 3.1% following upgrade at Stifel, JPMorgan reiterating its Overweight rating on shares... Apricus Biosciences (APRI), up 14% after announcing European approval for ED drug Vitaros... McDonalds (MCD), up 1.8% after May global comp sales rose 2.6%. LOWER: Tesla (TSLA), down 3.2% following cautious mention over weekend in Barron's magazine... Titan International (TWI), down 5.8% following downgrades by at least three firms... Dynavax (DVAX), down 29% after reporting feedback from FDA meeting regarding Heplisav. |
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| 08:30 EDT |  | AAPL | JPMorgan still likes Pandora ahead of Apple event
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| 08:06 EDT | | AAPL | Apple June volatility low into Worldwide Developers Conference
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| 07:41 EDT | | FB | JPMorgan reiterates Overweight on Facebook after weakness
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| 07:40 EDT | | FB, AAPL | Nielsen says social media dominates smartphones, tablets, LAT reports
A report recently released from Nielsen suggests that consumers use their smartphones and tablets for a number or reasons, however, time spent on social networking exceeds that of streaming videos or accessing sports, reported The Los Angeles Times. Reference Link |
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| 07:37 EDT | | AAPL | Apple iPhone can maintain price premium to other smartphones, says Bernstein
Bernstein believes that Apple's iPhones can continue to sell at much higher price points and higher gross margins than competing products, since Apple's Macs now sell for double the price of PCs. The firm keeps a $600 price target and Outperform rating on Apple. |
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| 07:14 EDT | | AAPL | Apple to host a conference
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| 07:09 EDT | | AAPL | E3 show not attracting video-game rising stars, WSJ reports
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| 07:00 EDT | | AAPL | Apple's streaming music ad sales could disappoint, AllThingsD says
Apple has had trouble selling ads for various products in the past, and ad sales for its new streaming music service may be disappointing as well, according to AllThingsD. Music companies, which will receive a percentage of the ad sales that Apple generates from the product, may be disappointed by their take, the website stated. Reference Link |
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