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News For GOOG;DISH;T;VZ;SNE;PC;KBSTY;GE;SSNLF;AAPL;UAL From The Last 14 Days
Check below for free stories on GOOG;DISH;T;VZ;SNE;PC;KBSTY;GE;SSNLF;AAPL;UAL the last two weeks.
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September 4, 2014
11:19 EDTGEElectrolux close to buying GE appliance unit for $2.5B Reuters reports
Electrolux (ELUXY) is near a deal to buy General Electric's (GE) appliance business for more than $2.5B, Reuters reports, citing people familiar with the matter. A deal could be announced as soon as next week, Reuters added. Reference Link
10:46 EDTGEGE near deal to sell appliance unit to Electrolux for over $2.5B, Reuters says
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09:35 EDTAAPLActive equity options trading on open
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09:31 EDTTAT&T says 4G LTE network now reaches over 300M people
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09:08 EDTAAPLExperts: Photo theft should highlight cloud risk, The Hill reports
The recent theft of celebrity photos from Apple's iCloud should make people realize the dangers of using the cloud to store personal information, The Hill quoted security experts as saying. Meanwhile, the website reported that the Federal Trade Commission could launch a probe in response to the incident, while Congress may also respond. Reference Link
08:47 EDTAAPLApple shares should be bought on weakness, says JMP Securities
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07:30 EDTAAPLApple has good read through from ineffective Samsung launch, says Cantor
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07:22 EDTGOOGGoogle has upward bias to estimates, says Credit Suisse
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06:51 EDTAAPLApple's iPhone 6 subsidies unlikely to be cut in China, WantChinaTimes says
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06:40 EDTAAPL, GOOGApple, others restart discussions with tech staff in hiring suit, Reuters says
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06:30 EDTAAPL, GOOG, SSNLFIDC: Phablet shipments to pass PCs in 2014, tablets in 2015, DigiTimes reports
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06:25 EDTSSNLFSamsung in process of launching new Ultra HD TV with 300 LEDs, DigiTimes says
Samsung is developing a new Ultra HD TV that will come with a 300 LED direct-type LED backlit unit, reports DigiTimes. According to supply chain sources, the company will use increased LEDs in addition to an improved color filter and local dimming technology. Reference Link
06:22 EDTAAPLeBay to meet PayPal estimates despite competition, says Piper Jaffray
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06:16 EDTGOOGLuxottica's returning CEO says 'embarrassed’ by Google Glass, FT reports
Luxottica's (LUX) founder and returning CEO Leonardo Del Vecchio told the Financial Times earlier this week that he has not used Google Glass (GOOG) and that it would "embarrass [him] going around with that on my face." Luxottica signed a deal with Google earlier this year to develop the $1,500 interactive headset. Reference Link
05:56 EDTAAPLStocks with implied volatility movement; END AAPL
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September 3, 2014
16:20 EDTAAPLOn The Fly: Closing Wrap
Stocks on Wall Street began the session in positive territory after Russian President Vladimir Putin said he had an outline for a cease-fire plan for eastern Ukraine and was closing in an agreement. The averages hit their highs shortly after the open and the Nasdaq was the first index to cross into negative territory as it was weighed down by Apple's (AAPL) decline. The market moved in a narrow range as investors anticipated the Fed’s Beige Book report, scheduled for release mid-afternoon. The report was fairly benign and the market limped into the close, with volume remaining light. ECONOMIC EVENTS: U.S. factory orders rose 10.5% in July, which was a bit below the forecast for 11.0% growth. The Fed's Beige Book stated that the pace of growth did not change significantly in any of the central bank's 12 regions during a six week period ended in August compared with the previous six week period. COMPANY NEWS: Shares of Apple retreated $4.36, or 4.22%, to $98.94 after research firm Pacific Crest advised investors to take some profits in the stock. Analyst Andy Hargreaves forecast the percentage of new iPhone users who buy the next version of the device beyond the iPhone 6 is likely to decline versus prior cycles. The stock likely has only limited room to increase, according to Hargreaves, who said he would probably downgrade Apple unless new products that can generate billions of dollars in new operating profit are launched at its September 9 event. MAJOR MOVERS: Among the notable gainers was Infinity Pharmaceuticals (INFI), which surged $4.81, or 44.05%, to $15.73 after the company announced a cancer drug collaboration with AbbVie (ABBV) and a master clinical supply agreement with Roche (RHHBY). Also higher was Mobileye (MBLY), which jumped $3.94, or 9.16%, to $46.97 ahead of its second quarter earnings report, which is due tomorrow morning. Among the noteworthy losers was Repros Therapeutics (RPRX), which fell $4.11, or 18.55%, to $18.05 after FDA briefing documents ahead of a panel on T-normalizing therapies prompted Piper Jaffray to downgrade the stock to Neutral from Overweight. Also lower after its earnings report was apparel company Vince Holding (VNCE), which fell $4.47, or 11.54%, to $34.27. Analysts at Piper Jaffray attributed the post-earnings weakness to investor concerns over heightened inventory levels, but the firm said it still sees Vince as one of the best small cap growth names in its space and would be "aggressive buyers" on the weakness. INDEXES: The Dow edged up 10.72, or 0.06%, to 17,078.28, the Nasdaq fell 25.62, or 0.56%, to 4,572.56, and the S&P 500 slipped 1.56, or 0.08%, to 2,000.72.
16:01 EDTAAPLOptions Update; September 3, 2014
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13:52 EDTSSNLFSamsung collaborates with Oculus to introduce the Gear VR
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13:33 EDTAAPLGT Advanced September volatility elevated into Apple event
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13:02 EDTGOOGAbbVie, Calico announce collaboration
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