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Stock Market & Financial Investment News

News For UAL;GE;SNE;DISH;AAPL;KBSTY;VZ;GOOG;SSNLF;PC;T From The Last 14 Days
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April 6, 2015
10:56 EDTSSNLFSamsung comments on smartphone durability test conducted by SquareTrade
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10:39 EDTSSNLFQualcomm falls amid uncertainty about content in flagship Samsung phone
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10:23 EDTAAPLApple Maps searches no longer showing just Yelp, AppleInsider reports
Searches on Apple (AAPL) Maps, which previously relied solely on Yelp (YELP) to provide reviews for local search, are now pulling results from TripAdvisor (TRIP) and Priceline's (PCLN) Booking.com, AppleInsider reported yesterday. Neither TripAdvisor or Booking.com are listed as sources on Apple's official Maps attribution webpage, but reviews with links to their respective webpages and apps are now appearing in Maps queries, the blog added. Shares of Yelp are down 1% to $46.67 in early trading. Reference Link
10:01 EDTDISH, VZWeather Channel's core buiness facing 'major' threat, WSJ reports
The Weather Channel, which is owned by a consortium made up of NBCUniversal (CMCSA) and private equity firms Bain Capital and The Blackstone Group (BX), was dropped last month from Verizon's (VZ) FiOS TV service, and now the channel's backers are preparing for the possibility of being dropped by Dish Network (DISH), sources tell The Wall Street Journal. Though The Weather Channel is facing a "major" threat to its core business, the fees it collects from the pay-TV providers, the sources say that no formal sale by the company's owners is under way. Reference Link
09:56 EDTGOOGGoogle in talks with Hutchison for cheaper overseas calls, Telegraph reports
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09:36 EDTAAPL, GOOGActive equity options trading on open
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07:29 EDTAAPLApple Watch cannot launch in Switzerland due to patent issue, Reuters says
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06:45 EDTVZ, TQualcomm downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Qualcomm (QCOM) to Market Perform, removed the stock from its Top Picks list and dropped its price target for shares to $72 from $80. FBR said the moves were prompted by a posting on AT&T's (T) website which said the carrier’s version of the GS6 smarphone is powered by the Samsung Exynos 7420 processor with a Shannon 333 modem as opposed to Qualcomm's Snapdragon platform. FBR still expects the Verizon (VZ) and Sprint (S) GS6 versions to sport Qualcomm modems, but it believes the change at AT&T signals Samsung’s "clear intent to utilize proprietary baseband whenever and wherever possible." Shares of chip maker Qualcomm closed Thursday down $1.46 to $67.97.
06:32 EDTGOOGGoogle Ventures-backed Buttercoin to shut down
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06:20 EDTAAPLGarmin downgraded to Sell from Buy at Citigroup
Citigroup analyst Jeremy David downgraded Garmin two notches to Sell from Buy saying competitive pressures are likely to stall the growth of the company's GPS fitness watch business. He also thinks revenue trends in Garmin's Outdoor segment could disappoint as the year progresses. David expects Garmin to miss consensus earnings and revenue expectations in Q1 and views the Apple (AAPL) Watch launch as another potential negative catalyst for shares. He cut his price target for the stock to $42 from $68. Shares of the navigation and information device maker closed Thursday down 58c to $46.49 after Goldman Sachs downgraded the stock Neutral from Buy.
06:11 EDTSSNLF, AAPLSamsung expected to win A9 chip orders for next iPhone, Bloomberg reports
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06:07 EDTSSNLFSamsung uses internally developed wireless modem in Galaxy S6, WSJ reports
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05:54 EDTGOOGYouTube planning advertising campaign aimed at Canada, Globe and Mail says
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April 5, 2015
18:47 EDTGEPart of GE Louisville facility catches fire, Reuters says
A section of General Electric's Louisville, Kentucky facility used for warehousing and offices caught fire on Friday, says Reuters. A company spokesperson said "The fire at GE Appliance Park has been contained," and there were no injuries from the incident, added Reuters. Reference Link
17:35 EDTSNESony acquiring 'important parts of OnLive'
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17:06 EDTDISHSling TV introduces Sling International
Sling TV announced that DishWorld, the live streaming multi-language television service, is now “Sling International.” The move officially marries the largest provider of streamed international channels in the U.S. with Sling TV, the recently-launched provider of live, over-the-top, OTT, domestic TV service. Sling International provides global programming from nearly 200 channels in 18 languages to U.S. households, starting at $15 per month. “Sling TV grew from the foundation established by DishWorld, enabling us to test, grow and improve our OTT capabilities through a service that streams tens of millions of hours of content every month,” said Roger Lynch, CEO of Sling TV. “Incorporating DishWorld into the Sling TV portfolio makes it even easier for viewers to get the best of both domestic programming and the shows and sports they love from overseas.” Sling TV is a subsidiary of DISH Network (DISH).
16:56 EDTGOOG, AAPLEU considers major probe into Internet platforms, WSJ says
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14:32 EDTGOOGAntitrust suit against Google over Android app limits dropped, Reuters says
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09:10 EDTAAPLApple Watch to be sold by appointment only, Barron's says
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08:43 EDTVZ, T, GEAT&T, Philip Morris, eight others have reliable yields up to 5.7%, Barron's says
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