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Stock Market & Financial Investment News

News Breaks
January 29, 2013
08:14 EDTEBAY, FBFacebook tightens PayPal payout policy in several countries, TechCrunch says
Facebook (FB) now requires extra levels of authentication for new developers using PayPal (EBAY) accounts in certain countries, including China, India, Brazil, Australia, Japan, Norway and others, reported TechCrunch. Reference Link
News For FB;EBAY From The Last 14 Days
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May 24, 2013
15:22 EDTFBFacebook volatility decreases as shares trend to six-month low
Facebook May weekly call option implied volatility is at 34, June and July is at 35; below its 26-week average of 45 according to Track Data, suggesting decreasing price risk.
14:44 EDTFBFacebook slips to session lows, close to 6-month low, levels to watch
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07:49 EDTFBRumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link
07:44 EDTFBFacebook delays release of HTC First phone in Europe, FT reports
Facebook delayed release of its customized Android phone in Europe, following negative customer feedback in the U.S., reports the Financial Times. The new HTC First was released in the U.S. last month.Reference Link
07:20 EDTFBFacebook may face bidding war with Google for Waze, Bloomberg says
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May 23, 2013
09:02 EDTFBFacebook slips lower, breaks $25 threshold
The stock is down 1.5% in the pre-market to $24.77, breaking the psychologically important $25 support level. This move puts the shares at 3-month lows. At current price, next support is at $23.88, the 6-month low. Resistance is at $25.65.
07:13 EDTEBAYAmazon.com eBay to see little impact from sales tax reform, says Bernstein
After the Senate passed a bill that would force all online retailers to collect sales tax, Bernstein thinks the impact of such a law on Amazon's (AMZN) gross profits would be "immaterial," while the bill would reduce eBay's (EBAY) EPS by less than 1% in 2014 if it becomes law. The firm keeps Outperform ratings on both stocks.
May 22, 2013
14:27 EDTFBcomScore says Google Sites lead April U.S. online video rankings
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10:37 EDTFBPandora extends Facebook partnership with timeline App
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08:58 EDTFBFacebook management to meet with Deutsche Bank
Meeting to be held in New York on May 22 hosted by Deutsche Bank.
May 21, 2013
14:25 EDTEBAYRadioShack to introduce PayPal in all stores this month, Reuters says
RadioShack (RSH) will introduce PayPal, the online payment system owned by eBay (EBAY), in all of its retail stores starting this month, reports Reuters. Reference Link
May 20, 2013
10:52 EDTFBFacebook near session lows, levels to watch
The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25.
07:00 EDTFBNew Facebook projects probably won't bear fruit soon, AllThingsD says
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May 19, 2013
17:10 EDTFBFacebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link
May 17, 2013
06:51 EDTFBFacebook volatility at low end of historic range
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06:36 EDTFBGoogle to add new apps to Google Glass, NY Times says
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May 16, 2013
10:03 EDTEBAYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
06:46 EDTEBAYeBay initiated with a Buy at Lazard Capital
Target $65.
05:59 EDTFBHigh tech firms involved in immigration battle, WSJ reports
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05:57 EDTFBFacebook implied volatility at lower end of index mean range
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