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Stock Market & Financial Investment News

News Breaks
January 31, 2013
11:05 EDTFB, AAPL, FIOLazard Capital bucks trend with upgrade of Fusion-io
Fusion-io (FIO), which develops flash data storage products, is tumbling after the company last night provided weaker than expected revenue guidance for its third quarter and fiscal year 2013. The huge scale of the transformation to flash storage can create lumpiness in customer deployments from quarter to quarter, Fusion-io explained. The company added that its sales to Apple (AAPL) tumbled 42% in the second quarter compared with the previous quarter. Moreover, Fuison-io stated that its sales to Apple should continue to slow for the next two quarters. Facebook's (FB) spending on Fusion-io's products will also slow over the next two quarters, the company warned. While Fusion-io said it remained upbeat about the outlook for its business, several analysts reacted to the company’s guidance by downgrading the stock. Analysts from JPMorgan, Credit Suisse and Piper Jaffray all downgraded the shares in notes to investors earlier today. On the other hand, Lazard Capital analyst Edward Parker upgraded the shares to Buy from Hold. Fusion-io maintains a significant lead over its competitors, and it still has pricing power, Parker believes. The company's new guidance adequately incorporates lumpiness in its business and the stock's valuation is now reasonable, wrote Parker, who put a $23 price target on the shares. In mid-morning trading, Fusion-io sank $3.04, or 15.12%, to $17.05.
News For FIO;AAPL;FB From The Last 14 Days
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February 18, 2015
06:29 EDTFBFacebook engagement data remains strong, says JPMorgan
JPMorgan notes that according to comScore, Facebook’s share of mobile Internet time excluding Instagram and WhatsApp in January was 21%, up from 20% in December, and its share of total Internet time including desktop was 17%. The firm believes the data suggests continued strong engagement for Facebook. It reiterates an Overweight rating on the stock with an $85 price target, calling the stock a favorite idea for 2015.
06:20 EDTAAPLApple awarded patent for wireless head-mounted display, Financial Times reports
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06:10 EDTFBFacebook is developing virtual reality apps, Re/code says
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February 17, 2015
17:13 EDTFBPoint72 gives quarterly update on stakes
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17:02 EDTAAPLSoros Fund Management gives quarterly update on stakes
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16:22 EDTAAPLOn The Fly: Closing Wrap
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16:00 EDTAAPLOptions Update; February 17, 2015
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15:05 EDTFBFacebook announces official launch of Marketing Partner program
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13:18 EDTAAPLOmega Advisors gives quarterly update on stakes
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13:14 EDTFBFacebook introduces customizable product ads solution
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12:50 EDTAAPLOn The Fly: Midday Wrap
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10:31 EDTAAPLApple rises as analysts applaud reported auto ambitions
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10:04 EDTFBFacebook receives patent for identifying, marketing to "influencers"
Facebook has received a patent allowing it to identify "influencers" within its social network - those whose recommendations results in a significant increase of word-of-mouth and re-sharing. The patent describes a process for identifying which users are most influential, and then advertising to those specific people in order to capitalize on any potential recommendations they may make.
09:40 EDTAAPLActive equity options trading on open
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08:39 EDTFBMarathon Patent Group subsidiary files patent infringement suit against Facebook
Marathon Patent Group (MARA) announced that its wholly-owned subsidiary TLI Communications GmbH has filed a patent infringement lawsuit against Facebook (FB) and Facebook Ireland Limited in the Regional Court of Munich in Germany. TLI Communications is asserting infringement of the German part of European patent 0 814 611 B1 by the social media platform "Facebook" operated by the defendants, as well as the associated application software for smartphones and tablet computers.
07:32 EDTAAPLApple asking suppliers to make 5M-6M Apple Watches in Q1, WSJ says
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07:28 EDTAAPLApple design chief working on store redesign ahead of Watch, New Yorker says
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07:22 EDTAAPL, FBMitsubishi UFJ to hold a tour
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07:15 EDTAAPLApple foray into autos would be logical, says Barclays
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07:08 EDTAAPLAuto market could be meaningful for Apple, says Cantor
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