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Stock Market & Financial Investment News

News Breaks
February 18, 2014
08:46 EDTBCS, BX, GE, YHOO, TWC, GS, LVS, MU, AAPL, CMCSA, ECA, UTX, GLRE, SINA, GOOGOn the Fly: Periodicals Wrap
WSJ: Greenlight (GLRE) wants to identify who leaked Micron (MU) stake online...REUTERS: GE (GE), Pratt (UTX) fight over billions in jet engine orders...BLOOMBERG: Las Vegas Sands (LVS) restored websites following hacker attack...OTHER NEWS: Blackstone (BX) in talks to buy Encana (ECA) assets, NY Post reports...Goldman Sachs (GS) halts development of bond trading platform, FT reports...Barclays (BCS) pressured over investment bank turnaround, FT reports...Comcast (CMCSA), Time Warner Cable (TWC) deal could spur wave of consolidation, NY Times reports...Google Plus a key to Google's (GOOG) future, NY Times reports...Google (GOOG), Apple (AAPL) in talks with health tracking watch maker, TechCrunch reports...Alibaba (YHOO) to raise stake in SINA (SINA) Weibo unit, Marbridge Daily reports.
News For GLRE;MU;GE;UTX;LVS;BX;ECA;GS;BCS;CMCSA;TWC;GOOG;AAPL;YHOO;SINA From The Last 14 Days
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August 20, 2015
12:56 EDTGOOGSmall drones bringing air traffic problems in U.S., Washington Post reports
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12:44 EDTUTXNortek up 20.8% to $89.59 after WSJ reports in talks to be acquired byUnited Technologies
12:34 EDTUTXUnited Technologies in talks to buy Nortek, WSJ reports
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12:24 EDTAAPLVIX methodology for Apple up 12% to 33.29
12:22 EDTUTXUnited Technologies in talks to acquire Nortek, Dow Jones reports
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11:12 EDTMUStocks with call strike movement; MU TWTR
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10:22 EDTAAPLApple falls, levels to watch
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10:00 EDTMUOn The Fly: Analyst Downgrade Summary
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09:36 EDTAAPLActive equity options trading on open
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09:20 EDTMUOn The Fly: Pre-market Movers
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08:45 EDTAAPLApple iPhone 6S may not pressure gross margins, says Bernstein
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08:01 EDTGEGE to provide CESP with 30MW battery energy storage system
GE announced it will provide Coachella Energy Storage Partners with a 30-MW battery energy storage system as part of CESP's supply contract with the Imperial Irrigation District. Representing GE's largest energy storage project to date, the plant will be located in California's Imperial Valley, approximately 100 miles east of San Diego. The facility will aid grid flexibility and increase reliability on the IID network by providing solar ramping, frequency regulation, power balancing and black start capability for an adjacent gas turbine. GE will provide CESP with an integrated energy storage solution, configured using GE's Mark* VI plant controls, GE Brilliance MW inverters, GE Prolec transformers, medium-voltage switchgear and advanced lithium ion batteries housed in a GE purpose-built enclosure. The plant will be operated by ZGlobal, an engineering collaborator with CESP, for the first 18 months, after which control will transfer to the IID. The deal marks GE's third project using lithium ion battery technology since expanding its portfolio in recent months. GE anticipates project construction will begin early next year, with commercial operation scheduled for the third quarter of 2016.
07:28 EDTMUBaird downgraded Micron to Neutral on falling DRAM prices
Baird analyst Tristan Gerra downgraded Micron to Neutral from Outperform and lowered his price target to $15 from $36 on DRAM price concerns. Gerra believes blended DRAM pricing could fall 20%+ between now and next year, down to fully loaded costs before capacity cuts take place. The analyst said continued PC unit weakness, soft enterprise server, mobile DRAM weakness, and excess channel inventories are causing the current downturn. Gerra expects Micron's gross margin and earnings to bottom in the February quarter and sees little upside potential until then.
07:20 EDTSINACitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
07:06 EDTGOOGGoogle loses some user data due to Belgium lightning strike, BBC News reports
Google has lost some data due to a lightning strike in Belgium, BBC News reports. While lightning did not strike the company's data center, the local power grid was struck by lightning four times, and some users' data has been permanently lost as a result. Reference Link
06:13 EDTAAPLApple's Australian bonds raise $1.2B within two hours, SMH reports
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06:10 EDTBX, CMCSAWeather Channel said to hire banks to explore sale, Bloomberg reports
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06:07 EDTGSSamsung Bioepis picks Citi, Goldman as lead managers for IPO, Reuters says
Samsung Bioepis has selected Citigroup (C) and Goldman Sachs (GS) as the lead managers for its planned listening on Nasdaq next year, a source tells Reuters. Morgan Stanley (MS) and Credit Suisse (CS) will also take part in the listing for Samsung's (SSNLF) biosimilar drug development arm, the source says. Reference Link
06:07 EDTAAPLApple's 12.9-inch iPad to feature displays from Sharp, DigiTimes reports
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05:56 EDTGOOGGoogle Express to shut down two California delivery hubs, Re/code says
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