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Stock Market & Financial Investment News

News Breaks
April 8, 2014
10:28 EDTNOK, SPLK, CSCO, GIMOHigh option volume stocks: GIMO SOCL SPLK NOK CSOD
News For GIMO;SPLK;NOK;CSCO From The Last 14 Days
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May 27, 2015
06:54 EDTNOKNokia Networks to acquire Eden Rock
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May 26, 2015
14:04 EDTCSCOLaw firm says Supreme Court rules against Cisco in Commil patent case
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07:41 EDTCSCOCisco management to meet with Jefferies
Meetings to be held in London/New York May 27-28 hosted by Jefferies.
May 22, 2015
08:57 EDTNOKNokia CEO says good bids received but no rush on selling HERE, Retuers reports
Nokia (NOK) CEO Rajeev Suri said the company has received high quality bids for its HERE maps unit, while declining to comment on bidders, but added that the company is in no hurry to sell, reported Reuters, citing comments made in an interview with trade magazine European Communications. Prior reports have indicated that Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi and BMW (BAMXY) are partnering with private equity firm General Atlantic in their pursuit of the unit, while Uber is said to be teaming up with Baidu (BIDU) and Apax Partners to also pursue a bid. Reference Link
07:57 EDTNOKNokia seeing rising competitive pressures, says Oppenheimer
Oppenheimer is becoming more worried about aggressive pricing behavior by Nokia's competitors in the wireless infrastructure market. Consequently, the firm thinks the operating margin of the company's Networks unit could miss expectations. It recommends that investors stay long the stock but avoid adding new positions around the time of the company's earnings, which Oppenheimer believes could disappoint.
06:00 EDTCSCOJohn McCain: Cisco deserves to be investigated over Russia deals, Buzzfeed says
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May 21, 2015
09:15 EDTNOKGerman automakers partnering with PE firm on bid for Nokia unit, Reuters says
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08:47 EDTCSCOCisco to participate in a tech talk with Goldman Sachs
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07:04 EDTSPLKSplunk volatility elevated into Q1 and outlook
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May 20, 2015
10:00 EDTSPLKOn The Fly: Analyst Upgrade Summary
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08:43 EDTCSCOCisco CFO says business in Europe improved; China, Russia still challenging
Cisco CFO Kelly Kramer spoke on CNBC.
08:41 EDTCSCOCisco CFO sees potential for acquistions in security
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08:16 EDTSPLKSplunk Q1 revenue likely to beat expectations, says Oppenheimer
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07:09 EDTSPLKSplunk upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Splunk to Outperform with a $87 price target based on efforts to expand new customer adoption and the application layer. The firm said Splunk has provided increased flexibility in the product evaluation phase, which should improve new customer adoption, and extended efforts to build full solutions in the application layer. Macquarie also believes Splunk could emerge as a winner in Big Data analytics, resulting in new customer wins.
May 19, 2015
14:31 EDTCSCOCovisint expands strategic relationship with Cisco, General Motors
Covisint (COVS) announced that it has reached a definitive agreement with Cisco (CSCO) to use the Covisint platform to power General Motors (GM) OnStar and SupplyPower through 2020. Under the terms of this five-year, non-cancelable contract, GM will materially increase their use of the Covisint platform to support growth in these solutions. This economically favorable transaction is a major milestone in the strategic partnership with Cisco, and a win for General Motors, Cisco and Covisint.
07:36 EDTCSCOAutomakers to start V2V car rollouts with spectrum at a premium, WSJ says
General Motors' (GM) upcoming Cadillac CTS is the only car firmly scheduled to launch in the U.S. with vehicle-to-vehicle communications, or V2V, but the industry has promised that V2V will revolutionize safety and Cisco (CSCO) joined automakers earlier this month to brief the FCC on plans to test airwave sharing soon, said The Wall Street Journal. However, cable and telecom companies are pressuring carmakers to give up a part of the airwaves marked for V2V to be available for broader use, the report added. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY), while cable and telecom companies include Verizon (VZ), AT&T (T), Sprint (S), T-Mobile (TMUS), Comcast (CMCSA), Time Warner Cable (TWC) and Charter (CHTR). Reference Link
May 18, 2015
13:37 EDTNOKBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
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12:00 EDTSPLKSplunk selloff following CTO change unwarranted, says Cantor
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09:36 EDTCSCOActive equity options trading on open
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08:07 EDTSPLKSplunk appoints Snehal Antani as Chief Technology Officer
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