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Stock Market & Financial Investment News

News Breaks
February 12, 2014
08:48 EDTTWTR, TM, TMUS, MSFT, KO, BAC, S, BA, IBM, SFTBF, GM, FIATY, FOn the Fly: Periodicals Wrap
WSJ: Detroit automakers (GM, F, FIATY) want to clear inventory without hurting pricing...REUTERS: Microsoft (MSFT) says it's not censoring China searches...Softbank (SFTBF) CEO says 'no comment' on rumors Sprint (S) is looking to buy T-Mobile (TMUS)...IBM (IBM) CEO Rometty in China for meetings with government leaders...BofA (BAC) sees room to boost Merrill profitability...BLOOMBERG: Toyota (TM) recalling 1.9M Prius vehicles to fix software problem...Boeing (BA) says a China assembly plant an option...OTHER NEWS: Coca-Cola (KO) Israel in monopoly violations investigation, Globes reports...Twitter (TWTR) testing profile redesign, Mashable reports.
News For GM;F;FIATY;MSFT;SFTBF;S;TMUS;IBM;BAC;TM;BA;KO;TWTR From The Last 14 Days
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March 17, 2015
06:13 EDTTMToyota to offer biggest pay increase for workers in 13 years, WSJ reports
Toyota will raise wages for its workers by the most in 13 years, The Wall Street Journal reports. According to a source, the automaker will raise the monthly pay for a unionized worker in Japan by about 3.2% on average beginning in April; workers will be offered a Y4,000 raise in monthly base pay and a Y7,300 raise in seniority pay, the source adds. Reference Link
March 16, 2015
16:25 EDTTWTRTwitter initiated with a Buy at Brean Capital
Target $61.
16:00 EDTTWTROptions Update; March 16, 2015
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13:56 EDTTWTRChances of Twitter launching fee-based service increasing, analyst says
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13:37 EDTBABoeing responds to IAM's petition to unionize Boeing South Carolina
Boeing was notified that the International Association of Machinists union has petitioned the National Labor Relations Board for a union election at the company's North Charleston, S.C., facilities. If the NLRB permits it, a vote will be scheduled for eligible teammates to decide whether they will turn over their rights to the IAM or keep a direct relationship with the company. "Boeing South Carolina teammates have done what so many people said couldn't be done. And they did it by working together, engaging every day, and truly committing themselves to the success of our site," said Beverly Wyse, Boeing South Carolina's newly appointed vice president and general manager. "And let's be really clear, the IAM was not part of this success it was our BSC teammates. In fact, the IAM aggressively opposed it, as publicly demonstrated by their filing of a claim with the National Labor Relations Board, to try to keep our site from even opening. Now, simply by filing this petition, the same union that tried to take our jobs and our work, has already begun to divide our team at a time when we're just beginning to gel and catch a solid rhythm in production." Boeing firmly believes that a union is not in the best interest of Boeing South Carolina teammates and their families, their communities, and the state of South Carolina, especially after years of the IAM insulting the abilities of Boeing South Carolina teammates and fighting against BSC's success. "We think our Boeing South Carolina teammates deserve to pave their own future and keep their hard-earned money in their own pockets," said Wyse. "In fact, they've been very successful doing just that for the past five years. They've built not only new airplanes, but also a new site, and new opportunities for an incredible future here in South Carolina by working together as a team, without the distractions of a union. We're extremely proud of what our teammates have accomplished." Boeing South Carolina has established several outlets to keep teammates, their families and the community updated throughout this process, including a website and Facebook page that provides information, facts, data, and additional resources related to the IAM's unionizing efforts in South Carolina.
12:56 EDTIBMIBM protest of Army contract an incremental negative for CACI, says Maxim
According to a Washington Technology article, IBM (IBM) successfully protested a $158M Army-payroll contract awarded to CACI (CACI). Maxim expects the contract to be re-evaluated and for CACI to still prevail and win, but the revenue ramp will take longer than previously anticipated. The firm rates CACI a Buy with a $101 price target.
12:54 EDTIBMContract awarded to CACI protested by IBM, Washington Technology reports
A $158M Army payroll and personnel contract that was awarded to CACI (CACI) has been successfully protested by IBM (IBM) and the contract has been dismissed, Washington Technology reports. Reference Link
11:06 EDTGMGM ignition switch death claims rises to 67, WSJ says
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10:50 EDTTWTRKing Digital seen benefiting from user base larger than Twitter, LinkedIn
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10:22 EDTBACBank of America February default rate 2.98% vs. 2.93% last month
Reports February delinquency rate 1.86% vs. 1.83% last month.
10:00 EDTBARyanair plans transatlantic service in four to five years, Financial Times says
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09:37 EDTTWTRActive equity options trading on open
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09:11 EDTBAViaSat and Boeing announce collaboration to offer broadband system
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09:03 EDTMSFTMicrosoft price target lowered to $49 from $52 at UBS
UBS lowered its price target on Microsoft to $49 from $52 citing lower PC demand and foreign exchange headwinds. UBS reiterated its Buy rating on Microsoft shares.
08:37 EDTTWTRTwitter verified offering becoming more likely, says Pacific Crest
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07:32 EDTMSFTUBM Tech to hold a conference
Enterprise Connect 2015 is being held in Orlando, Florida on March 16-19.
06:59 EDTBABoeing to hit 737 production targets by 2018, Reuters says
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06:11 EDTTWTRTwitter blocks Meerkat access to social network data, Buzzfeed says
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March 15, 2015
18:04 EDTKODavid Winters says Coca-Cola CEO declined bonus not enough, Reuters says
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16:14 EDTIBMBlackBerry collaborates with IBM, Samsung on SecuTABLET
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