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Stock Market & Financial Investment News

News For GOOG;FB From The Last 14 Days
Check below for free stories on GOOG;FB the last two weeks.
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July 23, 2014
05:59 EDTGOOGYouTube's Chris LaRosa quits as music head, WSJ reports
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July 22, 2014
16:00 EDTFBOptions Update; July 22, 2014
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14:05 EDTFBFacebook enhances mobile targeting for developers
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12:30 EDTGOOGEU regulators to revisit Google antitrust settlement, WSJ reports
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11:56 EDTGOOGEU may revise antitrust settlement with Google, Dow reports
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10:16 EDTGOOGAmazon quietly debuts mobile wallet app, TechCrunch says
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09:36 EDTFBActive equity options trading on open
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06:30 EDTGOOGItaly grants Google 18 months to modify data use habits, Reuters says
Italy's data protection regulator granted Google 18 months to modify the manner in which it treats and stores user information, ending a probe that is part of a European target to change the company's privacy practices, according to Reuters, citing a statement from the Italian watchdog. A Google spokesman said the firm had always complied with the regulator and would continue to do so. Reference Link
06:21 EDTGOOGWitsView: Acer surpasses Samsung in Chromebook shipments in Q2, DigiTimes says
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July 21, 2014
16:52 EDTGOOGGoogle ranked as top U.S. search marketplace in June
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16:00 EDTFBOptions Update; July 21, 2014
iPath S&P 500 VIX Short-Term Futures up 65c to 28.53. Option volume leaders: AAPL FB NFLX DG CMCSA GILD PBR TWTR TSLA according to Track Data.
14:19 EDTFBFacebook allowing users to save items
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13:15 EDTFB, GOOGGoogle ranked as top online video content property in June
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10:45 EDTGOOGAnalysts roll out coverage on GoPro with differing views
Shares of GoPro (GPRO) are climbing after a number of analysts initiated coverage of the stock with different outlooks. GoPro develops mountable and wearable cameras. BULLISH TAKE: JPMorgan analyst Paul Coster initiated coverage of GoPro with an Overweight rating. GoPro is gaining share in the digital camcorder market, and it has begun to penetrate "active lifestyle" markets, which are a much larger opportunity for the company, Coster believes. The company could ship 10M of its products for use by active lifestyle participants annually, the analyst estimated. In a best case scenario, the company could also sell low-cost devices for the mass market, according to Coster. However, GoPro will face competition from major companies, including Google (GOOG) and possibly Apple (AAPL) in this market, warned Coster, who set a $51 price target on GoPro. Also initiating coverage of the name with an Overweight rating was Piper Jaffray analyst Sean Naughton. GoPro is in the early stages of growth, as the company's user base is poised to expand beyond extreme sports enthusiasts, the analyst forecast. The company has a competitive advantage over other brands, which should enable it to maintain strong profitability, added Naughton, who set a $48 price target on the shares. BEARISH TAKE: Stifel analyst Jim Duffy started coverage of GoPro with a Hold rating. The company's three year growth outlook is compelling, but the stock is fully valued, the analyst believes. The company faces a number of risks, including competition in the image device market and the possibility that its relationship with key channel partners, including Best Buy (BBY), could be disrupted, the analyst wrote. Sales to Best Buy accounted for 17% of GoPro's revenue in fiscal 2013, Duffy reported. After GoPro surged following its initial public offering, the stock is likely to advance by only limited amounts, wrote Barcalys analyst Joseph Wolf, who initiated coverage of the shares with an Equal Weight rating. The stock could fall to $30 if the company is unable to increase its hardware sales or make progress in its efforts to develop a media business, the analyst warned. He set a $45 price target on the shares. PRICE ACTION: A total of seven analysts rolled out coverage today on GoPro, according to The Fly’s research, with only two recommending the stock with buy-equivalent ratings. Shares of the camera marker are up 3%, or $1.10, to $42.53 in morning trading.
09:38 EDTGOOG, FBActive equity options trading on open
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08:55 EDTFBFacebook July weekly volatility increases into Q2
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07:15 EDTGOOG, FBO'Reilly to hold a conference
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07:08 EDTFBFacebook Q2 results likely to beat expectations, says Cantor
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07:08 EDTFBFacebook struggles to find director of business operations at Instagram, BI says
Facebook has been struggling to find a new Director of Business Operations for Instagram ever since Emily White left for Snapchat seven months ago, Business Insider reports. Reference Link
06:57 EDTFBFacebook likely to report modest Q2 upside, says BofA/Merrill
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