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Stock Market & Financial Investment News

News For GOOG;AAPL From The Last 14 Days
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December 15, 2014
12:15 EDTAAPLCirrus jumps after Barclays ups stock two notches citing Apple opportunity
Shares of Cirrus (CRUS) are rallying after Barclays upgraded the stock two notches to Overweight from Underweight in a note to investors today. The company is poised to make significantly more money per each iPhone sold next year, the firm stated. Cirrus develops audio components for smartphones. WHAT'S NEW: Cirrus will obtain $2.50-$3.50 for each of Apple's (AAPL) iPhone 6S sold next year, up from about $2 for Apple's latest iPhone, the iPhone 6, Barclays analyst Blayne Curtis wrote. A new component made by Cirrus will enable smartphones to always respond to voice commands, even if the devices are turned off, the analyst reported. The new component can also enable Cirrus to obtain more revenue from Android phones, Curtis wrote. The company should obtain a significant amount of revenue from Samsung's upcoming Galaxy S6 devices, the analyst contended. He hiked his 2015 earnings per share estimate for the company to $1.55 from $1.19 and increased his price target on Cirrus shares to $28 from $18. PRICE ACTION: In early afternoon trading Cirrus rallied 19.4% to $22.50.
09:38 EDTAAPLActive equity options trading
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08:44 EDTAAPLSkyworks price target raised to $95 from $75 at JMP Securities
JMP Securities increased its price target on Skyworks (SWKS) as the firm says that its checks indicate that the company is benefiting from strong demand for Apple's (AAPL) iPhone and for Chinese smartphones. The firm thinks the company has a number of other positive catalysts, including rapidly proliferating Internet of Things applications. JMP Securities reiterates an Outperform rating on the shares.
08:40 EDTAAPLCLSA technology analysts hold a luncheon meeting
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08:30 EDTAAPLApple checks show solid brand recognition in China, says Jefferies
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06:46 EDTAAPLApple could pay $450M if it loses e-book appeal, WSJ says
A report from yesterday explains that the Second U.S. Circuit Court of Appeals will begin considering Apple's appeal for a ruling that the company was engaged in illegal price-fixing over e-books, reports the Wall Street Journal. If Apple loses the appeal, the company could pay $450M, with most of it going to e-book customers, the Journal adds. Reference Link
06:32 EDTGOOGUnwired Planet commented on Google Markman ruling
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05:39 EDTAAPLCirrus Logic upgraded to Overweight from Underweight at Barclays
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December 12, 2014
16:00 EDTAAPLOptions Update; December 12, 2014
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09:35 EDTGOOG, AAPLActive equity options trading
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08:43 EDTAAPLWal-Mart cuts prices on iPhone, BGR reports
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07:30 EDTGOOGAmazon forced to remove app from Google Play store, TechCrunch reports
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07:18 EDTGOOGCato Institute holds a conference
2014 Cato Institute Surveillance Conference is being held in Washington, D.C. on December 12 with webcasted presentations to begin at 9 am. Webcast Link
06:37 EDTAAPLApple online store begins accepting PayPal, Re/code reports
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06:05 EDTGOOGGoogle to shut down engineering operations in Russia, The Information reports
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December 11, 2014
17:40 EDTAAPLPriceline becomes first online travel agency to integrate Apple PayApple
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16:01 EDTAAPLOptions Update; December 11, 2014
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14:50 EDTAAPLApple to start selling new iPads in China this week
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13:11 EDTAAPLApple February volatility elevated at 28
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10:17 EDTAAPL, GOOGCiti upbeat on Google in face of pending Apple decision on Safari
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