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Stock Market & Financial Investment News

News For GOOG;CAR;ZIP;RIG;BP From The Last 14 Days
Check below for free stories on GOOG;CAR;ZIP;RIG;BP the last two weeks.
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<< 1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
September 5, 2014
10:05 EDTBPOn The Fly: Analyst Upgrade Summary
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09:35 EDTGOOGActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA YHOO WFM SLW ABX GOOG FB BIDU
07:12 EDTGOOGGoogle looks to promote rebranded mobile app, search feature, Ad Age reports
Google (GOOG) is launching an ad campaign to promote its rebranded mobile app and its voice-guide search feature, Ad Age reports. The campaign promote breaking news via mobile ad banners in a partnership with the New York Times (NYT), the publication says. Reference Link
06:59 EDTGOOGGoogle added to Conviction Buy List at Evercore
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06:41 EDTGOOGFCC head says agency to promote high speed Internet choices, NY Times reports
Stating that fewer than 25% of American homes have access to more than one high speed Internet provider, FCC Chairman Tom Wheeler said the agency would look to promote additional choices in the sector, according to The New York Times. High speed Internet providers include Comcast (CMCSA), Cablevision (CVC), Verizon (VZ), AT&T (T), and Google (GOOG). Reference Link
06:33 EDTGOOGMicrosoft, competitors aim to halt Google EU agreement, Reuters says
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06:29 EDTGOOG$30 to be competitive price for sapphire covers in 2015, DigiTimes Research says
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06:20 EDTBPBP upgraded to Buy from Neutral at Citigroup
Citigroup raised its rating on BP shares to Buy from Neutral, saying the sell-off yesterday after a judge found the company grossly negligent for the Macondo spill presents a buying opportunity. Citi expects BP to lose its appeal of the ruling, but feels the financial implications will fall well below the maximum. Shares of BP dropped 6% yesterday, or $2.82, to $44.89.
06:03 EDTGOOGGoogle implied volatility of 16 at lower end of index mean range
06:01 EDTGOOGESPN head doesn't see people using Google for big sports events, Re/code reports
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September 4, 2014
16:24 EDTBP, RIGOn The Fly: Closing Wrap
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16:00 EDTBPOptions Update; September 4, 2014
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14:16 EDTBPBP falls after found 'grossly negligent' for Gulf oil spill, bearish pattern
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12:35 EDTRIGTransocean issues statement on court ruling related to Macondo well incident
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12:34 EDTRIG, BPOn The Fly: Midday Wrap
Stocks on Wall Street began the session in positive territory after the ECB lowered its benchmark interest rate and took additional measures in an attempt to stimulate the region’s economy. The averages had some early momentum, but found a level about an hour into trading around which they have since traded in a narrow range. ECONOMIC EVENTS: In the U.S., payroll provider ADP estimated private sector employment increased by 204K jobs in August, which was below the consensus forecast for 215K private sector jobs to have been added. Initial jobless claims rose 4K to 302K in the week ended August 30, which was close to the 300K estimate. The trade deficit narrowed slightly to $40.5B in July, beating expectations for a deficit of $42.5B. Second quarter nonfarm productivity growth was revised lower to 2.3% versus the 2.5% pace reported initially. Unit labor costs were revised down to a decrease of 0.1% from a rise of 0.6% estimated previously. Markit's services PMI for August came in at 59.5, versus a consensus forecast of 58.5. ISM's non-manufacturing PMI for August had a reading of 59.6, easily topping the 57.7 consensus estimate. In Europe, the European Central Bank unexpectedly cut the rate at which it issues short-term loans to banks to 0.05% from 0.15% and lowered its growth forecasts for 2014 and 2015. The ECB also announced plans to buy asset-backed securities, which the central bank's president Mario Draghi said will have a “sizable” impact on its balance sheet without providing further details on the size of the planned purchases. COMPANY NEWS: Shares of oil major BP (BP) trading in New York fell about 6% after a federal judge ruled that the company acted with "gross negligence" in causing the Gulf of Mexico spill in 2010 that was the biggest offshore oil spill in U.S. history. U.S. District Judge Carl Barbier, who held a trial without a jury over who was at fault, also found Transocean (RIG) and Halliburton (HAL) "negligent," but rested much more of the blame on BP, with 67% of the liability assigned to BP, 30% to Transocean and 3% to Halliburton. Afterward, BP said it "strongly disagrees" with the decision and will immediately appeal. MAJOR MOVERS: Among the notable gainers following their earnings reports were Mattress Firm (MFRM), which rose 12%, and Methode Electronics (MEI), which gained 16%. Also higher was Bolt Technology (BOLT), which surged 36% after the company agreed to be acquired by Teledyne Technologies (TDY) for $22.00 per share in cash. Shares of Teledyne advanced nearly 2% following last night's deal announcement. Among the noteworthy losers was Matrix Service (MTRX), which dropped 21% after its earnings for the just completed quarter and its profit forecast for its new fiscal year fell short of analysts' expectations. Also lower following their earnings reports were Ciena (CIEN), which fell over 7%, and Shoe Carnival (SCVL), which dropped more than 10%. INDEXES: Near midday, the Dow was up 43.83, or 0.26%, to 17,122.11, the Nasdaq was up 15.15, or 0.33%, to 4,587.71, and the S&P 500 was up 5.23, or 0.26%, to 2,005.95.
12:34 EDTGOOGGoogle settles FTC complaint over kids app purchases
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12:30 EDTGOOGFTC says Google settles app purchase charges for $19M
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12:13 EDTBPBP puts active after Gulf of Mexico decision
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12:11 EDTBPCourt rules Halliburton 'negligent' in Macondo incident conduct
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11:51 EDTBPBP reiterated as a Buy at Jefferies
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