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Stock Market & Financial Investment News

News Breaks
January 15, 2013
16:24 EDTENOC, AAPL, GOOG, EXPR, YELP, FB, CWTR, DELL, MSFTOn The Fly: Closing Wrap
Stocks on Wall Street were mixed, with the Dow and S&P 500 gaining in the second half of the session to close in positive territory. Tech headlines dominated the day, as a Facebook (FB) event at 1 pm ET prompted heavy volume trading of shares of the social network. Aside from Facebook, volume was fairly light again ahead of earnings reports due tomorrow morning from a number of financial giants... ECONOMIC EVENTS: In the U.S., the January Empire State Manufacturing Survey from the New York Fed rose slightly to -7.78 from last month's -8.10 reading, but missed forecasts for a rise to 0.00. The Commerce Department said retail sales increased 0.5% in December, versus the expected increase of 0.2%. Producer prices fell 0.2% during last month, versus the expected decrease of 0.1%. Business inventories grew 0.3% in November, matching expectations... COMPANY NEWS: Facebook unveiled "Graph Search," which will be rolled out in a limited beta test beginning today. The search feature is designed to answer questions in a way particular to the user based on information in their own Facebook feed and those of their friends, but is a supplement, not a replacement, for traditional web searches like Google's (GOOG). In fact, Facebook announced that Microsoft's (MSFT) Bing is a partner in the new tool. Shares of Facebook slipped 85c, or 2.74%, to $30.10 on the day on trading volume nearly three times the stock's average... Apple's (AAPL) move below $500 garnered significant attention amid some conflicting analyst commentary. Research firm Nomura lowered its estimates and price target for Apple, while Sterne Agee, Jefferies and RW Baird all made positive comments and Apple closed down $15.83, or 3.15%, at $485.92... Dell (DELL) gained another 88c, or 7.16%, to $13.17 a day after rising on a Bloomberg report that said the company was in talks to go private. A Wall Street Journal report said TPG Capital and Silver Lake Partners are involved in a potential bid for Dell and Reuters added that talks with Silver Lake are in "advanced" stages. Analyst commentary on the possibility of a deal getting done was mixed, though Deutsche Bank said a deal could be done at $15-$16 per share while Jefferies said a deal could be done between $15-$17 per share... MAJOR MOVERS: Among the notable gainers were Express (EXPR), up $3.34 or 23.76%, to $17.40 after raising its Q4 and FY12 EPS views, and EnerNOC (ENOC), up $3.20, or 25.48%, to $15.76 following an EPA final ruling on emission control requirements for backup diesel generators. Among the noteworthy losers was Coldwater Creek (CWTR), down $1.13, or 22.60%, to $3.87 after lowering its Q4 EPS view. Also lower were shares of Yelp (YELP), down $1.36, or 6.19%, to $20.61 after Facebook announced its new Graph Search feature... INDICES: The Dow was up 27.57, or 0.20%, to 13,534.89; the Nasdaq was down 6.72, or 0.22%, to 3,110.78; and the S&P 500 was up 1.66, or 0.11%, to 1,472.34.
News For FB;GOOG;MSFT;YELP;AAPL;DELL;EXPR;ENOC;CWTR From The Last 14 Days
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June 23, 2015
06:04 EDTMSFTOracle says extending enterprise cloud portfolio
At a live event yesterday, Oracle (ORCL) Executive Chairman of the Board and CTO Larry Ellison announced new additions to the Oracle Cloud Platform, a comprehensive, integrated suite of services that make it easier for developers, IT professionals, business users and analysts to build, extend and integrate cloud applications. With more than 24 new cloud services, the Oracle Cloud Platform "extends Oracle's leadership with the world's broadest and deepest portfolio" of SaaS, PaaS and IaaS. Newly available Oracle Cloud services include, Oracle Database Cloud - Exadata, Oracle Archive Storage Cloud, Oracle Big Data Cloud, Oracle Integration Cloud, Oracle Mobile Cloud, and Oracle Process Cloud. The Oracle Cloud Platform helps customers build new applications, extend existing ones, and easily move existing on-premises workloads to the cloud with no application changes. The services are designed to maximize end user experience and productivity; enable developers to manage and analyze data, rapidly develop, test and deploy applications; enable architects to quickly integrate across on-premises and cloud applications; and enable business users to drive rich business insights and enterprise collaboration. With the Oracle Cloud Platform, customers and partners are able to take advantage of the industry-leading Oracle middleware and database software that thousands of global organizations already use to run their own businesses, all delivered via cloud. The extensive level of automation that has been engineered into the Oracle Cloud, results in faster time-to-value, greater innovation, and lower cost for customers. "Oracle is growing really fast. We sold $426M worth of business in SaaS and PaaS last quarter, a 200 percent increase over the same quarter last year. That's an industry record, no company has ever sold that much in just one quarter," said Ellison. "Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier (AMZN) and it's one-tenth their price."
05:57 EDTYELPStocks with implied volatility above IV index mean; XOMA YELP
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05:56 EDTMSFT, AAPLEarnings Watch: Analyst says BlackBerry's FY16 targets looking 'unttainable'
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June 22, 2015
19:36 EDTAAPLApple Music artist royalties may be 'insignificant' during trial, WSJ says
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18:58 EDTYELPYelp initiated with a Buy at Topeka
Target $60.
18:22 EDTGOOGGoogle offers sign-ups to test GoPro virtual reality prototype
Google (GOOG) has created a sign-up page to allow "creators" -- taken to mean video content creators -- to test its "Jump" virtual reality platform. Jump uses 16 GoPro (GPRO) cameras to create virtual reality video "that you can step inside of." Content creators selected by Google will get access to the platform beginning this summer. Reference Link
16:00 EDTFB, AAPLOptions Update; June 22, 2015
iPath S&P 500 VIX Short-Term Futures down 78c to 17.45. Option volume leaders: AAPL FB BAC CHK WMB BABA TWTR MU AMBA TSLA JPM
15:15 EDTYELPYelp July calls active
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14:42 EDTFB, AAPL, MSFT, GOOGOculus potential not reflected in Facebook's stock price, Piper Jaffray says
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13:33 EDTAAPLApple iPhone redesign without home button not before 2017, AppleInsider says
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12:12 EDTGOOGUS Supreme Court rejects Google patent appeal over Street View, Reuters says
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09:40 EDTFB, AAPLActive equity options trading on open
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08:09 EDTAAPLMasimo receives CE Mark for MightySat Rx pulse oximeter
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08:02 EDTGOOGTransphorm announces new $70M investment led by KKR
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07:46 EDTAAPLApple CEO: Chinese consumer tastes weighed in product designs, Bloomberg says
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07:31 EDTGOOG, FBFacebook catching up to YouTube in video ads, Reuters says
Facebook (FB) is gaining market share on Google's (GOOG) YouTube in online video advertising, reports Reuters, citing a published Ampere Analysis report. Reference Link
06:25 EDTFBFacebook's CPO to outline new format for mobile advertising, WSJ reports
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06:03 EDTFBFacebook price target raised to $120 from $92 at Piper Jaffray
Piper Jaffray analyst Gene Munster raised his price target for shares of Facebook to $120 and keeps an Overweight rating on the name. Facebook is the best play on the "next computer paradigm of virtual reality," Munster tells investors this morning in a research note. Oculus, the company's virtual reality technology, is an "insurance policy on the relevance of Facebook's social portfolio as technology shifts, Munster writes. He believes the long-term value of technology is not reflected in the current share price. The social networking giant closed Friday down 39c to $82.51.
05:59 EDTAAPLApple developing in-house TDDI solutions, DigiTimes reports
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05:55 EDTAAPLApple changes tune over music streaming royalties, Financial Times says
Apple has agreed to pay for all the music carried on its new streaming music service during free trials, reports the Financial Times. The company signaled the climbdown after singer Taylor Sift released an open letter Sunday that denounced Apple Music as "shocking" and "disappointing.", adding that her views were shared by "every artist, writer and producer" in her social circles. The company will now pay for the music it streams during free trials, though it would pay less for each stream than it will when a user has taken a full subscription. Reference Link
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