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Stock Market & Financial Investment News

News Breaks
March 19, 2013
13:08 EDTZNGA, FB, GRPN, LNKDSEC charges Florida man in purported offering of pre-IPO Facebook shares
The Securities and Exchange Commission announced charges against a financier masquerading as a sophisticated fund manager who defrauded investors seeking to acquire highly coveted pre-IPO shares of Facebook and other social media companies. An investigation by the SEC’s Enforcement Division found that Craig Berkman, a former Oregon gubernatorial candidate who now lives in Florida, touted to investors that he had special access to scarce sources of pre-IPO stock in Facebook (FB), LinkedIn (LNKD), Groupon (GRPN), and Zynga (ZNGA). Instead of purchasing shares on investors’ behalf as promised, Berkman misused their investments to make Ponzi-like payments to earlier investors, fund personal expenses, and pay off claims against him in a bankruptcy case. Reference Link
News For FB;LNKD;GRPN;ZNGA From The Last 14 Days
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May 21, 2013
11:01 EDTZNGAZynga price target raised to $3.50 from $2.75 at Piper Jaffray
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10:00 EDTLNKDOn The Fly: Analyst Initiation Summary
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08:50 EDTLNKDLinkedIn initiated with a Buy at BGC Partners
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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
10:09 EDTGRPNGroupon co-CEO thinks revenue can grow to $100B annually, BI reports
Groupon co-CEO Ted Leonsis told Business Insider he believes the company can eventually generate $100B of revenue per year, according to an interview published last night. Reference Link
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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May 15, 2013
17:46 EDTFBSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
11:13 EDTGRPNOptions with decreasing implied volatility: MM GMCR GRPN THRX SGMO
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10:35 EDTGRPN, ZNGAGroupon, Zynga advance after hedge fund reports new stakes
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10:13 EDTLNKDOn The Fly: Analyst Initiation Summary
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09:58 EDTGRPN, ZNGAJana Partners reports new stakes in Groupon, Zynga
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05:59 EDTFBCorporate boards recruit newcomers with digital knowledge, WSJ reports
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May 14, 2013
17:48 EDTFBLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
16:08 EDTLNKDLinkedIn initiated with a Neutral at RW Baird
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13:21 EDTZNGATake-Two rises after results beat expectations
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