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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:35 EDTMSFT, GOOG, BOXDropbox CEO says company likely to go public 'eventually,' CNBC reports
Dropbox CEO Drew Houston says the company is likely to go public "eventually," but an IPO isn't a priority right now, CNBC reports, citing comments made at the Re/code Code Conference. Reference Link
News For GOOG;MSFT;BOX From The Last 14 Days
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July 16, 2015
05:46 EDTMSFTMicrosoft may increase smartphone outsourcing in Taiwan, Vietnam, DigiTimes says
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July 15, 2015
13:23 EDTGOOGGoogle unveils Purchases on Google, other shopping features
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13:11 EDTMSFTWindows 10 finalized, the Verge reports
Microsoft has finalized its Windows 10 software, ready for release on July 29, the Verge reports. The company is signing off on the build, known as build 10240, internally and may announce the manufacturing copy publicly by the end of the week, the report says. Reference Link
11:56 EDTGOOGGoogle search might help FDA find unknown drug side effects, Bloomberg reports
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11:04 EDTBOXBox management to meet with Pacific Crest
Meetings to be held on the West Coast July 16-17 hosted by Pacific Crest.
09:18 EDTGOOGAdobe's Flash disabled by Google due to security worries, WSJ says
Just days after Facebook's (FB) top security executive called on Adobe (ADBE) to discontinue its Flash animation player, Google’s (GOOG) Chrome and Mozilla’s Firefox browsers blocked old versions of the software on Tuesday after reports that hackers were using a security flaw to infiltrate computers, reported The Wall Street Journal's "Digits" blog. Firefox and Chrome will allow Flash to run again if it is updated with the patch Adobe released Tuesday morning, the report noted. Reference Link
08:27 EDTGOOGAdobe says Google display ad strategy underperforms Facebook in Q2
In its "Digital Advertising & Social Intelligence Report" for Q2, Adobe (ADBE) wrote that Facebook's (FB) display ad changes doubled its click-through-rates, or CTRs, year-over-year in the quarter, while Google's (GOOG) display targeting changes reduced its number of ads seen by 22% compared to the prior year and its CTRs were up "only" 24% compared to the same period of last year. The report also contends that the "Mobilegeddon" fears regarding Google's changes to favor mobile friendly sites came true, noting that sites with low mobile engagement saw up to a 10% decrease in organic traffic after the changes were made by the search giant. Reference Link
07:59 EDTGOOGGoogle price target raised to $710 from $614 at B. Riley
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06:30 EDTGOOGGoogle July volatility elevated into Q2 and outlook
Google July call option implied volatility is at 35, August is at 23, September is at 21 compared to its 52-week range of 16 to 39, suggesting large near term price movement into the expected release of Q2 results on July 16.
July 14, 2015
17:11 EDTMSFTMicrosoft M&A chief says Salesforce sale 'depends on' Benioff, Fortune reports
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16:35 EDTMSFTMicrosoft CEO to focus on 'a few phones,' ZDNet says
In a ZDNet interview at the Worldwide Partner Conference, Microsoft CEO Satya Nadella remarked, "I'm not going to launch a phone a day. I'm going to focus on a few phones that actually grab share that, in fact, showcase our uniqueness." Nadella called the company's restructuring of its mobile phone business "a change to our operating approach," and he added that "we will do everything we have to do to make sure we're making progress on phones." Reference Link
16:01 EDTMSFTOptions Update; July 14, 2015
iPath S&P 500 VIX Short-Term Futures down 15c to 17.76 Option volume leaders: AAPL FB BAC T AMZN BABA INTC JPM LVS AAL CHK MSFT NFLX TSLA TWTR MPC
13:01 EDTGOOGFanDuel completes $275M funding round from KKR, Google Capital, Bloomberg says
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11:26 EDTGOOGGoogle price target raised to $744 from $614 at B. Riley
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09:45 EDTMSFTRackspace preparing deal with Amazon Web Services, CRN reports
In addition to its deal announced yesterday with Microsoft (MSFT) Azure, Rackspace is preparing an alliance with Amazon (AMZN) Web Services, CRN reported last night, citing a source. Reference Link
09:35 EDTMSFTActive equity options trading on open
Active equity options trading on open: AAPL FB BAC T AMZN BABA INTC JPM LVS AAL CHK MSFT
09:06 EDTGOOGMerkle announces deal with Google to adopt DoubleClick's marketing solutions
Merkle, a data-driven, technology-enabled performance marketing agency, has reached an agreement with Google to adopt the full suite of DoubleClick’s marketing solutions. As part of the agreement, Merkle will be one of the first agencies to use DoubleClick’s cross-device measurement, which was unveiled by Google at the June 17 DoubleClick Leadership Summit.
06:20 EDTGOOGQualcomm to work with Google-backed Thread Group, Re/code reports
Qualcomm (QCOM) said it is working with Thread Group, a Google (GOOG) backed effort to find ways for internet connected devices to communicate with one another, Re/code reports. Reference Link
06:15 EDTGOOGGoogle seeks ways to operate more efficiently, WSJ reports
Google is slowing down hiring and seeking ways to run more efficiently, the Wall Street Journal reports, citing sources familiar with the matter. New CFO Ruth Porat has been active in the company's cost-cutting measures, the report says, having started an internal audit examining costs, revenue, and accounting systems. Google is expected to offer an expenses update on Thursday when it reports its second quarter financial results, the report says. Reference Link
05:53 EDTMSFTMicrosoft likely to revamp and focus on flagship smartphones, DigiTimes says
Microsoft will likely revamp its strategy for smartphones by focusing on high-end and business-use models, reports DigiTimes. According to sources at Taiwan's handset supply chain, the company's new roadmap is expected to call for the launch of 1-2 models for its high-end business and mid-range to entry-level family lineups. The company and most industry insiders are wondering whether the new Windows 10 OS will help ramp up significantly the share of Windows Phone-based smartphones in the global market. Reference Link
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