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News For GOOG;MSFT;AAPL;AMZN;RIMM From The Last 14 Days Check below for free stories on GOOG;MSFT;AAPL;AMZN;RIMM the last two weeks. |
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| June 7, 2013 | | 16:00 EDT |  | AAPL, GOOG, AMZN | Options Update; June 7, 2013
CBOE Volatility Index VIX down 1.67 to 14.96. Option volume leaders: AAPL AMZN GOOG TSLA HPQ according to Track Data. | | | 14:46 EDT |  | AAPL | Apple conference has more upside potential than downside risk, says BGC Partners
 Subscribe for More Information | | | 12:57 EDT |  | GOOG | On The Fly: Midday Wrap
The Wall Street averages were all up about 1% near midday after the monthly jobs report beat forecasts. ECONOMIC EVENTS: In the U.S., the Labor Department reported employers added 175K jobs in May, beating expectations for 163K added jobs. The unemployment rate rose slightly to 7.6% in May from 7.5% in April, with the uptick attributed to more people entering the workforce. COMPANY NEWS: TiVo (TIVO) confirmed it had settled a patent lawsuit with Google's (GOOG) Motorola unit, Cisco (CSCO) and Time Warner Cable (TWC), as reported by media outlets yesterday. The company also doubled its stock buyback authorization, but TiVo shares, which had been higher yesterday on the initial reports, fell over 17% as the amount of money the company received in the deal fell short of analyst expectations. MAJOR MOVERS: Among the notable gainers were JinkoSolar (JKS) and Thor Industries (THO), which both gained over 10% following their earnings reports. Also higher were shares of Yum! Brands (YUM), which rose nearly 3% after UBS upgraded the stock to Buy. Among the losers were a number of companies that had hoped to convert to real estate investment trusts after the IRS formed a group to study issues relating to REIT conversions. Notably, Iron Mountain (IRM) fell almost 16%, Copart (CPRT) dropped over 6%, and Equinix (EQIX) slid over 5%. INDICES: Near 1 pm ET, the Dow was up 168.95, or 1.12%, to 15,209.57; the Nasdaq was up 35.12, or 1.03%, to 3,459.17; and the S&P 500 was up 15.41, or 0.95%, to 1,637.97. | | | 12:37 EDT | | GOOG | TiVo volatility collapses on settlement with Google's Motorola Mobility
Subscribe for More Information | | | 12:05 EDT | | MSFT | GameStop to benefit from Microsoft used game rules, says Piper Jaffray
Piper believes that Microsoft's (MSFT) decision to allow only participating retailers to broker trade-ins of used games for the Xbox One is particularly positive for GameStop. The firm adds that Microsoft's decision to allow used games to be played on the new console without additional fees is also positive for GameStop. Piper keeps an Overweight rating on GameStop. | | | 11:29 EDT |  | AAPL | Analyst says Apple 'iPhone mini' could launch next month, BGR reports
The new Apple 'iPhone mini' may make its debut as quickly as next month, according to BGR, citing a Topeka Capital Markets analyst who references Taiwan-based contacts. Reference Link | | | 11:26 EDT | | GOOG, AAPL | BlackBerry BBM to be available on other devices after June 27, The Next Web says
Subscribe for More Information | | | 10:48 EDT |  | GOOG | Google shares rise, levels to watch
Shares are up just under a percent to $871.26 at time of writing. At that price, next resistance is at $880.40. Support is at $866.38, the 30-day moving average. | | | 10:12 EDT | | MSFT, GOOG, AMZN, AAPL | Cost for entry-level 7-inch tablets expected to drop, DigiTimes says
Subscribe for More Information | | | 10:06 EDT |  | AMZN | Microvision device demonstrated in Amazon Kindle Fire, blog post says
A post to the "Microvision Tracker" blog purports to show the company's device being demonstrated in conjunction with Amazon's (AMZN) Kindle Fire at a Microvision (MVIS) company event. Reference Link | | | | 09:39 EDT | | AAPL | Apple has all major labels signed for iRadio with Sony added, AllThingsD says
Subscribe for More Information | | | 09:27 EDT | | MSFT, GOOG | On The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray. | | | 09:21 EDT | | GOOG | Cisco to pay $294M to TiVo in patent settlement
Subscribe for More Information | | | 09:14 EDT | | AMZN | Amazon debuts Kindle in China, CNET says
Subscribe for More Information | | | 09:06 EDT | | AMZN | Amazon.com announces free online tool, Amazon Storyteller
Subscribe for More Information | | | 09:04 EDT | | AAPL | Pandora won't be killed by Apple radio, says Pacific Crest
Subscribe for More Information | | | 08:42 EDT | | GOOG | TiVo down 19.2% after confirming terms of patent settlement with Google, others
Subscribe for More Information | | | 08:22 EDT | | GOOG | TiVo reaches $490M patent settlement, doubles share buyback
Subscribe for More Information | | | 07:45 EDT | | GOOG | TiVo likely received favorable settlement terms, says Lazard Capital
Lazard Capital says it makes sense to assume that TiVo (TIVO) received favorable terms in its settlement with Google's (GOOG) Motorola as it had no reason to settle for less. The firm estimates the settlement will be worth a pre-tax NPV of $807M, or $484M after-tax, equal to $3.44 per TiVo share. Lazard Capital says shares of TiVo are likely to move near its $17 price target should its settlement assumptions prove right. | | | 07:35 EDT | | MSFT | Microsoft price target raised to $39 from $34 at Oppenheimer
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