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Stock Market & Financial Investment News

News For GOOG;MSFT;CSCO From The Last 14 Days
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September 25, 2014
06:07 EDTMSFT, GOOGGlobal tablet sales momentum to slow down in 2015, DigiTimes reports
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September 24, 2014
10:58 EDTCSCOCisco CEO says not potential acquirer of EMC, Reuters reports
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09:38 EDTCSCOCisco CEO says not in merger talks with EMC, Reuters reports
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09:29 EDTCSCOCisco to hold a virtual news conference
Rob Lloyd, President of Cisco's Development & Sales, addresses customer requirements for a globally distributed, highly secure cloud platform in Media & Analyst Virtual News Conference to be held on September 29 at 10:30 am. Webcast Link
08:55 EDTGOOGEndurance and Google partner for web presence solutions in Africa and Asia
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07:28 EDTGOOGAmazon expanding hardware unit, working on smart home devices, Reuters says
Amazon.com (AMZN) plans to boost its full-time payroll at Lab126, the hardware unit that developed the Kindle and other consumer electronics devices, by at least 27% over the next five years, reported Reuters, citing a government document and people familiar with the matter. The expansion comes as Amazon tests connected-home devices that could compete with those available from or being developed by Google (GOOG) and Apple (AAPL), two people familiar with the Lab's activities said, Reuters noted. Reference Link
07:18 EDTGOOGEU antitrust head says Google must improve search settlement terms, WSJ reports
Joaquín Almunia, the outgoing head of the EU competition department, told European Parliament lawmakers that Google must improve its proposal to settle concerns over its search practices or that it will face formal antitrust charges, even though the commissioner has already acknowledged that a final decision on the case will now fall to his successor, reported The Wall Street Journal. Reference Link
September 23, 2014
08:38 EDTMSFTePlus becomes authorized Surface reseller in Microsoft Devices Program
ePlus (PLUS) announced that its subsidiary, ePlus Technology, has joined an exclusive group of partners in the Microsoft Devices Program (MSFT), which allows customers to purchase Surface through authorized resellers. In addition to offering Microsoft's extended warranty and accidental damage, ePlus brings a variety of value-added services to the Surface family, including asset tagging, custom imaging, kitting, onsite service and support, device recycling, and data protection.
07:49 EDTMSFTMicrosoft to launch Xbox One console in China on September 29, Reuters says
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07:23 EDTCSCOCisco management to meet with UBS
Meeting to be held in New York on September 23 hosted by UBS.
07:19 EDTCSCOEMC's end game is a marriage with Cisco, says Macquarie
Macquarie views EMC's (EMC) merger talks with Hewlett-Packard (HPQ) as a "ploy" to bring Cisco (CSCO) to the bargaining table. The analyst is not surprised by reports that EMC's discussions with Hewlett-Packard stalled given the lack of synergies and views Cisco as a logical buyer due to strong synergies and defensive reasons. Macquarie said VMware (VMW) would make Cisco the leader in the growing Software Defined DataCenter market, allowing it to offer EMC a better deal than any other potential acquirer. Finally, the firm does not view the status-quo as a compelling option for EMC given the recent share strength, aggressive street estimates, and the upcoming retirement of Joe Tucci in February. Macquarie rates EMC a Neutral with a $32 price target, up from $28.
07:07 EDTGOOGGoogle planning to build data center in Netherlands, Bloomberg reports
Google will spend over EUR 600M over the next four years to build a data center in the Netherlands, Bloomberg reports. Google will employ about 150 permanent workers at the Eemshaven hub once the job is completed. Reference Linkp
06:56 EDTGOOGGoogle exec to manage Snapchat PR, policy, Re/code says
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06:20 EDTGOOGAlmunia: Google must improve EU settlement or will face charges, WSJ says
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06:00 EDTMSFT, GOOGFacebook expected to launch new advertising platform, WSJ reports
This week, Facebook (FB) will introduce Atlas, a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reports, citing people familiar with the matter. Atlas is a re-engineered version of the Atlas Advertiser Suite Facebook acquired in 2013 from Microsoft (MSFT). Facebook is looking to challenge Google (GOOG) in the online ad space. Reference Link
September 22, 2014
12:50 EDTCSCOEMC jumps after reports detail takeover talks
The shares of cloud application provider EMC (EMC) are rising in a down market after Wall Street Journal reported that the company had held talks about selling itself to HP (HPQ) and Dell. WHAT'S NEW: EMC held on-and-off merger talks with HP for almost a year, but those talks have ended, Wall Street Journal reported today. Dell also held talks with EMC about a takeover, the newspaper added. According to a CNBC’s David Faber, the takeover talks between HP and EMC went on for months, but the two sides couldn't agree on a price, as EMC wanted HP to pay a large premium to its stock price. Tiernan Ray of Barron's added today that the takeover talks between the companies could resume, citing a source. WHAT'S NOTABLE: The New York Post reported on September 11 that EMC was considering selling its 80% stake in cloud computing infrastructure provider VMware (VMW). UBS analyst Steven Milunovich responded to The Post's report by writing on the same day that EMC had become a potential takeover target itself. HP, Oracle (ORCL) and Cisco (CSCO) could buy EMC, the analyst wrote. PRICE ACTION: In early afternoon trading, EMC added 1% to $30, while VMware added 1% to $95.
12:26 EDTCSCOEMC, HP merger talks could resume, Barron's reports
The merger talks between EMC (EMC) and HP (HPQ) could resume, Tiernan Ray of Barron's reports, citing a source. The companies had discussed HP selling its printer division, but only as "a down the road thing," once a deal was completed, Tiernan added, citing the source. Cisco (CSCO) and Oracle (ORCL) are still considered possible buyers for EMC, the reporter noted. Reference Link
12:14 EDTGOOGTel Aviv in negotiations with Waze to relieve traffic jams, Globes reports
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11:18 EDTCSCOCisco management to meet with Oppenheimer
Meeting to be held in Boston on September 25 hosted by Oppenheimer.
09:15 EDTMSFTAmazon's Iain Kennedy leaves company for Microsoft, Re/code reports
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