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May 23, 2013
20:04 EDT	GOOG	Google considering acquisition of Waze, Bloomberg reports Waze is said to have fielded expressions of interest from several parties, which could create a possible bidding war, according to Bloomberg.

17:54 EDT	MSFT, GOOG	Google loses bid to block imports of Xbox One, Bloomberg says The ITC ruled that Microsoft's (MSFT) new Xbox One does not infringe patents held by Google's (GOOG) Motorola Mobility unit, preventing Google from getting imports of Xbox One to the U.S. blocked, reports Bloomberg. Reference Link

17:11 EDT	GOOG, MSFT	Google loses bid to block U.S. imports of Microsoft's Xbox, Bloomberg reports Subscribe for More Information

17:11 EDT	GOOG	Google facing new antitrust probe from FTC, Bloomberg says Subscribe for More Information

16:01 EDT	GOOG	VIX methodology for Google up 5% to 22.88, will face antitrust probe

16:00 EDT	GOOG	Options Update; May 23, 2013 Subscribe for More Information

15:58 EDT	GOOG	Google facing new FTC probe over display ad practices, Bloomberg says

14:46 EDT	MSFT	GameStop reported solid Q1 results but uncertainty remains, says Piper Jaffray Subscribe for More Information

12:52 EDT	GOOG	Google cuts data storage prices Google earlier today announced that it was reducing its Google App Engine data storage prices by up to 25%. Reference Link

11:51 EDT	MSFT	GameStop says 'lots of rumors' out there about Microsoft Xbox One GameStop says company, customers excited about Xbox One.

11:38 EDT	MSFT	GameStop sees being able to leverage buy/sell/trade model with new consoles GameStop (GME) says in communication with Microsoft (MSFT) about how used games and resale will be handled in respect to upcoming Xbox One.

11:22 EDT	MSFT	GameStop believes next-gen consoles will have lower price points than last cycle Subscribe for More Information

11:09 EDT	MSFT	GameStop says 'right in the middle' of opportunity presented by new consoles Subscribe for More Information

10:10 EDT	GOOG	Google Glass reportedly to use Samsung OLED displays, SlashGear says Subscribe for More Information

09:37 EDT	GOOG	Active equity option families trading on open Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ

09:37 EDT	CSCO	Cisco to host a webcast Subscribe for More Information

08:31 EDT	MSFT	Microsoft increasing cloud services in Japan, WSJ reports In Japan, Microsoft is expanding capacity for its Windows Azure cloud computing services for businesses, as it bets on growing corporate IT spending in the country, reports the Wall Street Journal. Reference Link

08:10 EDT	GOOG	Google's Schmidt defends taxes in U.K., FT reports Subscribe for More Information

07:41 EDT	MSFT	Lenovo warns of tough first half but sees late year boosted by Win8, FT says Subscribe for More Information

06:30 EDT	MSFT	Microsoft Windows 8 may take up 5%-8% of global tablet shipments, DigiTimes says Subscribe for More Information

06:01 EDT	CSCO	Stocks with implied volatility below IV index mean; CSCO MBI Subscribe for More Information

05:49 EDT	CSCO	Cisco earnings upside could drives shares to $30, says Citigroup Subscribe for More Information

05:45 EDT	GOOG, MSFT	Big companies remove subsidiaries based on SEC disclosure rules, WSJ reports Subscribe for More Information

May 22, 2013
16:00 EDT	GOOG	Options Update; May 22, 2013 Subscribe for More Information

14:27 EDT	GOOG	comScore says Google Sites lead April U.S. online video rankings Subscribe for More Information

14:06 EDT	GOOG	Google�s X Phone confirmed for Sprint, BGR says Subscribe for More Information

11:52 EDT	MSFT	Uncertainty surrounds GameStop after new Xbox revealed Subscribe for More Information

09:39 EDT	GOOG	Active equity option families trading Subscribe for More Information

09:24 EDT	MSFT	Microsoft CEO says to hire 'several thousand' in China, Bloomberg reports Subscribe for More Information

08:53 EDT	MSFT	GameStop has positive read through from Xbox launch, says Sterne Agee Sterne Agee believes that GameStop (GME) will benefit from several aspects of the launch of the new version of Microsoft's (MSFT) Xbox, including the fact that it will accept new games and is launching this year instead of 2014 as some reports had suggested. The firm keeps a $46 price target and Buy rating on GameStop.

08:45 EDT	MSFT	Microsoft Xbox very compelling, says Stifel Subscribe for More Information

07:41 EDT	MSFT	PROS Holdings to host a conference Outperform Europe 2013 is being held in Brussels, Belgium on May 22-23.

07:29 EDT	MSFT	Xbox won't hurt pay TV companies in near-term, AllThingsD says Subscribe for More Information

07:24 EDT	MSFT, CSCO	NetEvents International to host a summit Subscribe for More Information

07:12 EDT	MSFT	GameStop may see pressure from used game uncertainty, says Piper Jaffray Subscribe for More Information

May 21, 2013
19:39 EDT	GOOG	Google tax behavior to be criticized by U.K. party leader, Reuters says Subscribe for More Information

15:40 EDT	MSFT	GameStop off lows after Microsoft says Xbox One will allow resale of games Subscribe for More Information

15:39 EDT	MSFT	Microsoft says Xbox One will allow resale, trade-in of games, Bloomberg says Subscribe for More Information

15:24 EDT	MSFT	Microsoft Xbox One seems to restrict used games, Kotaku says Microsoft's (MSFT) Xbox One won't require an "always-on" Internet connection, but could very well block used games, Kotaku said, based on a company response given to a question posed by Wired. The Fly notes that GameStop (GME) shares are down 4.75% to $36.92 in late day trade following Microsoft's Xbox One event. Reference Link

14:18 EDT	MSFT	Electronic Arts announced EA Sports Ignite for Xbox One Subscribe for More Information

14:16 EDT	MSFT	Microsoft announces Xbox One Subscribe for More Information

14:12 EDT	MSFT	NVIDIA announces PhysX support for Microsoft Xbox One Subscribe for More Information

14:05 EDT	MSFT	Microsoft, NFL in multiyear agreement Microsoft and the National Football League announced a multiyear partnership that will deliver a unique, interactive NFL television experience for the next-generation Xbox One and leverage Microsoft devices and services to evolve the in-game, sideline experience for coaches, players and other personnel. The agreement provides Microsoft with the rights to create exclusive interactive experiences through products such as Xbox One and Surface. As part of the partnership, Surface by Microsoft branding will appear on NFL sidelines, including on the hoods of the official on-field NFL instant replay stations. As part of the relationship, Microsoft will be granted the following designations: Xbox remains "The Official Game Console of the NFL" and will also become "The Official Interactive Video Entertainment Console"; Microsoft is "The Official Sideline Technology Sponsor of the NFL"; Surface by Microsoft and Windows are "The Official Tablet and PC Operating System of the NFL."

13:54 EDT	MSFT	Activision's Call of Duty downloadable content will come first to Xbox One Subscribe for More Information

13:50 EDT	MSFT	Microsoft announces partnership with National Football League Subscribe for More Information

13:48 EDT	MSFT	Microsoft announces live action Halo television series Steven Spielberg to be involved with Halo series.

13:30 EDT	MSFT	Electronic Arts says starting new strategic partnership with Microsoft Subscribe for More Information

13:24 EDT	MSFT	Microsoft unveils 'Xbox One' featuring voice, gesture control Microsoft says next-generation video game system, to be called "Xbox One," will be an all-in-one system for entertainment. Says newly redesigned Kinect will allow for voice and gesture control of device. Information from live blog of Xbox event.

10:59 EDT	MSFT	Microsoft to hold a company event Subscribe for More Information

10:42 EDT	GOOG	Google tests support at $900, levels to watch The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87.

09:48 EDT	MSFT	Microsoft breakout continues, levels to watch Subscribe for More Information

07:25 EDT	MSFT	Microsoft price target raised to $40 from $33 at UBS UBS believes Microsoft's shares can continue to move higher driven by improved earnings visibility, cloud momentum, a bottom in PC weakness, enterprise strength, and expectations for a seasonally strong 2H 2013. As a result, the firm reiterates its Buy rating and raised its price target to $40 from $33.

06:39 EDT	MSFT	Microsoft to begin shipping volume shipments of new Xbox in Q3, Digitimes says Subscribe for More Information

May 20, 2013
16:02 EDT	GOOG	Options Update; May 20, 2013 Subscribe for More Information

13:01 EDT	CSCO	Cisco hits session lows, levels to watch The shares are down nearly 2%, last at $23.76. At that price, next support is at $23.32. Resistance is at $24.34.

09:40 EDT	CSCO, GOOG	Active equity option families trading Subscribe for More Information

08:40 EDT	MSFT	Barnes & Noble could rise above $30 a share, Barron's says Barnes & Noble (BKS) shares are up about 15% since TechCrunch said Microsoft (MSFT) may pay $1B for its Nook e-reader business but the stock may have another 50% upside to $30 per share based on Barnes & Noble's asset value, contended Barron's in a report this weekend. Barron's, however, called the situation "admittedly tough to assess" because neither Microsoft nor B&N will comment on the purchase rumor. The Fly notes Barnes & Noble shares are up 4% to $20.80 in pre-market trading. Reference Link

07:53 EDT	GOOG	Google ex-employee claims evidence of U.K. tax evasion, FT says Subscribe for More Information

07:42 EDT	CSCO, MSFT	Cohasset Associates to host a conference National Conference on Managing Electronic Records is being held in Chicago on May 20-22.

07:32 EDT	MSFT	Society for Information Display / IHS to host a conference Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.

May 19, 2013
18:59 EDT	CSCO, MSFT	Cisco looks the best out of tech comeback stocks, Barron's says Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link

14:49 EDT	MSFT	Microsoft set to unveil new Xbox amid stiff competition, Reuters says Facing stiff competition from Sony's (SNE) PlayStation 4 and the Wii U by Nintendo (NTDOY), Microsoft (MSFT) is set to unveil its new Xbox game console, says Reuters. Reference Link

May 17, 2013
16:00 EDT	GOOG, CSCO	Options Update; May 17, 2013 Subscribe for More Information

14:03 EDT	GOOG, CSCO	Market set to finish week with gains after Cisco results, comments Subscribe for More Information

11:59 EDT	CSCO	Options with decreasing implied volatility: ILMN LO A HES INFY CSCO

10:17 EDT	MSFT	Microsoft continues its quiet stealth rally, levels to watch Subscribe for More Information

09:38 EDT	GOOG	Google rises following price target bump, levels to watch Subscribe for More Information

09:37 EDT	GOOG	Active equity option families trading on open Subscribe for More Information

08:53 EDT	GOOG	Google price target raised to $1,065 from $875 at Argus Subscribe for More Information

08:29 EDT	MSFT	JPMorgan's business and information services analyst holds a conference call Subscribe for More Information

07:35 EDT	CSCO	Aruba Networks downgraded to Hold from Buy at Stifel Subscribe for More Information

07:10 EDT	GOOG	U.K. to question Amazon over income tax, Reuters reports Subscribe for More Information

06:36 EDT	GOOG	Google to add new apps to Google Glass, NY Times says Subscribe for More Information

06:35 EDT	CSCO	Stocks with implied volatility below IV index mean; CSCO MBI Stocks with implied volatility below IV index mean; Cisco (CSCO), MBIA (MBI) according to IVolatility.

May 16, 2013
18:42 EDT	GOOG	Google sent letter by Congress over Glass privacy issues, WSJ reports Subscribe for More Information

16:29 EDT	CSCO	On The Fly: Closing Wrap Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47.

14:01 EDT	CSCO, GOOG	Options Update; May 16, 2013 Subscribe for More Information

13:05 EDT	GOOG	Spending on Apple, Android video games jumped in Q1, AllThingsD says In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link

12:24 EDT	CSCO	On The Fly: Midday Wrap The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80.

10:44 EDT	CSCO	Cisco results give boost to semiconductor names Subscribe for More Information

10:25 EDT	GOOG, MSFT	Microsoft discussing 'glasses' tech with Vuzix, NY Post says Subscribe for More Information

09:48 EDT	CSCO	Cisco gaps up and spikes higher in early trading following results Subscribe for More Information

09:36 EDT	GOOG, CSCO	Active equity option families trading on open Subscribe for More Information

09:19 EDT	CSCO	On The Fly: Pre-market Movers Subscribe for More Information

09:04 EDT	CSCO	Cisco results positive for semiconductors space, says Brean Capital Subscribe for More Information

09:00 EDT	CSCO	Cisco rises 12.9% Cisco is up 12.9%, or $2.73, to $23.94

08:18 EDT	CSCO	Cisco price target raised to $28 from $25 at Goldman Subscribe for More Information

08:14 EDT	CSCO	Cisco price target raised to $27 from $25 at FBN Securities Subscribe for More Information

08:14 EDT	CSCO	BofA/Merrill's tech analysts hold an analyst/industry conference call Subscribe for More Information

08:13 EDT	CSCO	Cisco shares should rise further, says Sterne Agee Sterne Agee believes that Cisco outlined a more upbeat outlook after the company reported Q3 results that the firm views as strong and provided in-line Q4 EPS guidance. The firm keeps a Buy rating on the stock.

07:36 EDT	GOOG	Google price target raised to $1,025 from $830 at RW Baird RW Baird raised its price target for Google shares to $1,025 following the company's I/O conference and keeps an Outperform rating on the name. Baird thinks Chrome continues to gain momentum and that yesterday's event highlighted Google's technology advantages. Shares of Google closed yesterday up $28.79 to $915.89, and are indicated up another $5.66 in pre-market trading.

07:15 EDT	CSCO	Cisco execution, environment improving, says RBC Capital After Cisco reported stronger than expected Q3 results, RBC Capital believes that the company's business has rebounded. The firm thinks the company's Q4 guidance was better than feared, and it keeps an Outperform rating on the stock.

07:10 EDT	GOOG	Google to help with supercomputing project, WSJ reports Subscribe for More Information

07:07 EDT	CSCO	Cisco results positive for communications semi space, says William Blair Subscribe for More Information

07:02 EDT	MSFT, GOOG	YouTube demands that Microsoft pull YouTube app, The Verge reports Subscribe for More Information

06:23 EDT	MSFT	Microsoft second-generation Surface to be between $249-$299, DigiTimes says Subscribe for More Information

06:23 EDT	CSCO	Cisco price target raised to $26 from $24 at Wunderlich Wunderlich raised its price target for Cisco following the company's better than expected Q3 results and continues to recommend the stock with a Buy rating.

06:21 EDT	MSFT	Microsoft to launch 8-inch Surface in June, Digitimes says Subscribe for More Information

06:08 EDT	GOOG	On the Fly: Periodicals Wrap-Up Subscribe for More Information

05:59 EDT	MSFT, GOOG	High tech firms involved in immigration battle, WSJ reports Subscribe for More Information

May 15, 2013
19:34 EDT	CSCO	On The Fly: After Hours Movers Subscribe for More Information

17:15 EDT	CSCO	Cisco up $1.82, or 8.58%, to $23.03 as Q3 conference call continues Subscribe for More Information

17:09 EDT	GOOG, MSFT	Greenlight gives quarterly update on stakes NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).

17:03 EDT	GOOG	Soros gives quarterly update on stakes NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).

16:58 EDT	CSCO	Cisco sees Q4 non-GAAP gross margins to be approximately 61%-62%

16:55 EDT	CSCO	Cisco continues to see company specific challenges in China Subscribe for More Information

16:54 EDT	CSCO	Cisco sees Q4 EPS 50c-52c, consensus 51c Sees Q4 revenue growth 4%-7% YoY, consensus $12.5B. Guidance taken from company's Q3 earnings conference call.

16:51 EDT	CSCO	Cisco says Q3 public sector business grew 5% Subscribe for More Information

16:46 EDT	CSCO	Cisco sees SP CapEx spending continuing to be challenged This information is from the company's Q3 earnings conference call.

16:42 EDT	CSCO	Cisco reports Q3 total non-GAAP gross margin 63% vs.63.1% Subscribe for More Information

16:41 EDT	CSCO	Cisco Q3 services revenue grew 7% Subscribe for More Information

16:24 EDT	GOOG	On The Fly: Closing Wrap Subscribe for More Information

16:09 EDT	CSCO	Cisco Q3 cash flows from operations $3.1B vs. $3B a year ago Subscribe for More Information

16:09 EDT	CSCO	Cisco trades higher after results, first look Subscribe for More Information

16:08 EDT	GOOG, MSFT	Google sites lead U.S. April searches with 66.5% of searches, comScore says Subscribe for More Information

16:06 EDT	CSCO	Cisco reports Q3 EPS 51c, consensus 49c Subscribe for More Information

16:02 EDT	GOOG	Options Update; May 15, 2013 Subscribe for More Information

15:11 EDT	CSCO	Notable companies reporting after market close Subscribe for More Information

14:27 EDT	GOOG	Google unveils redesigned Maps for mobile Subscribe for More Information

13:26 EDT	MSFT	Microsoft to grow tablet sales outlets by about 50% in Japan, Nikkei says Subscribe for More Information

13:01 EDT	GOOG	Google says Chrome browser now has over 750M users Subscribe for More Information

12:59 EDT	GOOG	Google confirms plan to sell Samsung Galaxy S4 in Google Play store Says GS4 will be available on AT&T (T) and T-Mobile (TMUS) networks.

12:53 EDT	GOOG	Google says All Access music service available for $9.99 per month Subscribe for More Information

12:49 EDT	GOOG	Google announces subscription streaming music service Subscribe for More Information

12:47 EDT	CSCO	Earnings Preview: Cisco shares moving in narrow range ahead of Q3 report Cisco (CSCO) is set to report Q3 earnings after the market closes on Wednesday, May 15, with a conference call scheduled for 4:30 pm ET. Cisco manufactures and sells IP-based networking products and services. EXPECTATIONS: Analysts are looking for EPS of 49c on revenue of $12.18B, according to First Call. The consensus range for EPS is 47c-51c on revenue of $12.05B-$12.29B. On its Q2 earnings conference call, the company said it sees Q3 adjusted EPS 48c-50c on revenue growth of 4%-6% year-over-year. The company also said it sees Q3 adjusted gross margin approximately 61%-62%, and non-GAAP operating margin of 26.5%-27.5%. LAST QUARTER: Cisco reported Q2 EPS of 51c against estimates for 48c on revenue of $12.1B against estimates for $12.06B. In mid-March, Cisco was found not to have infringed patents held by VirnetX (VHC), and on March 22, Bloomberg reported that Cisco was ordered to pay $70M in fraud damages to XpertUniverse. On March 28, the company announced a 3c increase in its dividend to 17c per share. On April 3, Cisco announced its intent to acquire Ubiquisy, a provider of 3G and LTE small-cell technologies, for $310M, and the transaction is expected to close in Q4. STREET RESEARCH: Street research has been mixed on Cisco, with shares of the company losing more than 3% on March 21 following a downgrade to Underperform from Market Perform at FBR Capital. With its March 21 downgrade, FBR cut its price target on shares of Cisco to $17 from $22, saying the company would be challenged to offset declining routing and switching demand. Earlier this week, however, FBR reversed its March call, upgrading Cisco to Market Perform from Underperform and bumping its price target to $19. Earlier this week, Piper Jaffray said it expects Cisco to report Q3 EPS in-line with estimates, though the firm lowered its revenue estimates for the company. In its note, Piper said macro headwinds will offset favorable data center and switching demand, leaving Cisco with a mixed Q3 report, though the firm reiterated its Overweight rating and $25 price target on shares. Coverage on Cisco shares was also initiated by at least two firms during the quarter, with Cowen initiating coverage with an Outperform rating earlier this month and Northland Securities initiating coverage on Cisco with an Outperform rating and a $25.50 price target the day after Cisco's Q2 report. PRICE ACTION: Shares of Cisco have traded in a narrow range between $20-$22 per share since its Q2 report, gaining a scant 0.4%. Shares of Cisco, which are up about 8% year-to-date, are near flat in afternoon trading ahead of its Q3 report.

12:26 EDT	GOOG	Google announces Google Play Game Services Subscribe for More Information

12:13 EDT	GOOG	Google says 900M Android devices now activated worldwide Subscribe for More Information

11:37 EDT	MSFT	Microsoft replacing Xbox points with gift cards, currency, The Verge reports Subscribe for More Information

10:02 EDT	GOOG	Google breaks out above round-number resistance at $900 Subscribe for More Information

10:01 EDT	GOOG	Google volatility decreases as shares rally to record into Google I/O Subscribe for More Information

09:43 EDT	GOOG	Active equity option families trading on open Subscribe for More Information

09:19 EDT	GOOG	On The Fly: Pre-market Movers Subscribe for More Information

08:33 EDT	CSCO	Cisco May volatility elevated into Q3 and outlook Subscribe for More Information

08:33 EDT	GOOG	Google to announce "pure" Android version of Galaxy S4, Geek.com says Subscribe for More Information

08:19 EDT	GOOG	Samsung shipped 6M Galaxy S4 devices through May 10, androidcentral says Subscribe for More Information

07:39 EDT	GOOG	Google to host a conference Google I/O 2013 is being held in San Francisco on May 15-17.

07:38 EDT	MSFT	Microsoft has numerous potential catalysts, says Stifel Stifel names the release of Windows 8.1, a stabilization of the PC market, and the launch of Windows devices costing less than $500 as potential catalysts for Microsoft. The firm raised its price target on the shares to $38 from $36 and keeps a Buy rating on the stock.

07:26 EDT	GOOG	Google price target raised to $996 from $932 at Morgan Stanley Subscribe for More Information

07:21 EDT	GOOG	Pandora down 4% to $16.10 after reports of Google music service Subscribe for More Information

06:52 EDT	GOOG	Google won't connect YouTube, Google Play music offerings, AllThingsD says Google is expected to launch music subscription services on both YouTube and Google Play, but won't connect the two services, unnamed music industry sources stated, according to AllThingsD.As a result, YouTube's free music won't help sell subscriptions to Google Play's service, the website stated. Reference Link

May 14, 2013
18:39 EDT	GOOG	Google to launch Spotify-like music service, WSJ reports Subscribe for More Information

17:50 EDT	GOOG	Google to launch Spotify-style streaming music service, DJ reports Subscribe for More Information

15:36 EDT	MSFT	Microsoft confirms Windows 8.1 update scheduled for June 26 Subscribe for More Information

13:54 EDT	GOOG	Google CEO Page discloses left vocal chord paralysis Subscribe for More Information

11:12 EDT	GOOG	BlackBerry plans to bring BBM to iOS, Android this summer Subscribe for More Information

11:01 EDT	GOOG	BlackBerry says bringing BBM platform to iOS, Android Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event.

09:54 EDT	GOOG	Synacor to present Cloud ID with Google+ Synacor (SYNC) announced it will demo Cloud ID Social Login with Google+ and advanced TV Everywhere technologies in the Developer Sandbox at Google I/O, May 15-17.

09:25 EDT	GOOG	Google to expand Fiber service to Gladstone, Missouri Subscribe for More Information

07:32 EDT	GOOG	Google ordered to change search hints by German court, AP reports Subscribe for More Information

07:27 EDT	MSFT	Nokia introduces Lumia 925 with metal body, PureView camera Nokia (NOK) introduced the Nokia Lumia 925, which introduces a metal design and includes the most advanced lens technology and next generation imaging software for clearer, sharper pictures and video, including the best low light images. The Nokia Lumia 925 also introduces the new Nokia Smart Camera mode, coming as an update to all Lumia Windows Phone 8 smartphones. The Lumia 925 is being introduced into Europe with Vodafone (VOD), along with other operator and retail partners. In addition to Europe, the Nokia Lumia 925 will be introduced into the US by T-Mobile (TMUS) and into China by China Mobile (CHL) and China Unicom (CHU). Sales are expected to start in the U.K., Germany, Italy, Spain and China in June, followed by the U.S. and a number of other markets.

06:52 EDT	GOOG	Google likely to focus on new Android services at conference, AllThingsD says Subscribe for More Information

05:53 EDT	MSFT	Web browsers are being reinvented, WSJ reports Subscribe for More Information

May 13, 2013
16:25 EDT	MSFT	On The Fly: Closing Wrap Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77.

14:24 EDT	MSFT	Barnes & Noble tumbles after blog pans potential Nook deal Shares of Barnes & Noble (BKS) are sinking after website Insider Monkey stated that Microsoft (MSFT) doesn't plan to buy the book retailer's NOOK Media unit in the near future. Last Thursday another website, TechCrunch, reported that Microsoft was considering acquiring NOOK Media, which includes NOOK devices and other digital businesses, for $1B. WHAT'S NEW: "Nothing imminent is happening" between Microsoft and NOOK, Insider Monkey quoted a "highly placed source" at Microsoft as saying. TechCrunch's story was "only a rumor," the unnamed source added, according to Insider Monkey. WHAT'S NOTABLE: Microsoft has already invested $300M in NOOK Media in exchange for a stake of about 17% in the unit. The New York Times last week quoted a source as saying that the TechCrunch story was based on valid documents, but that they appeared to be at least several weeks old. The book retailer's stock surged over 20% on Thursday after TechCrunch published its story. TODAY'S PRICE ACTION: In mid-afternoon trading, Barnes & noble fell $2.90, or 12.40%, to $20.40.

13:38 EDT	MSFT	Microsoft, Barnes & Noble NOOK deal unlikely, InsiderMonkey says A report by InsiderMonkey, citing a "highly placed source inside Microsoft (MSFT)," says reports last week that Microsoft may look to acquire buy Barnes & Noble's (BKS) NOOK Media assets were only a rumor, with the source adding that "[Microsoft] has no intention of acquiring the NOOK unit." Shares of Barnes & Noble, which had been flat for the session, are now sharply lower, down $2.86, or 12.17%, to $20.45. Reference Link

13:21 EDT	GOOG	Google unifies storage limit, says 15 GB available free across services Google announced earlier in a blog post that its users will now get 15 GB of unified storage for free to use between Drive, Gmail, and Google+ Photos. The changes to Google Drive storage will roll out over the next couple of weeks and Google Apps users will also be getting shared storage, the company said. Reference Link

10:09 EDT	CSCO	On The Fly: Analyst Upgrade Summary Subscribe for More Information

08:14 EDT	GOOG	Google volatility at low end of range as shares near record high into Google I/O Subscribe for More Information

07:49 EDT	GOOG	Google price target raised to $950 from $875 at BofA/Merrill Subscribe for More Information

07:34 EDT	CSCO	Cisco upgraded to Market Perform from Underperform at FBR Capital Subscribe for More Information

07:31 EDT	CSCO	Brightcover to host a conference 3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.

07:09 EDT	CSCO	Cisco finds difficulties as it diversifies, WSJ reports Subscribe for More Information

07:04 EDT	CSCO	Cisco May volatility elevated at 59 into Q3 and outlook Cisco May call option implied volatility is at 59, June is at 28, July is at 25; compared to its 26-week average of 26 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results after the market close on May 15.

07:02 EDT	CSCO	Cisco Q3 results likely to be mixed, says Piper Jaffray Piper Jaffray expects Cisco to report in-line Q3 earnings and margins on May 15, but lowered its revenue estimate for the quarter as it believes demand in April was challenging. However, the firm sees limited share downside from current levels and reiterates an Overweight rating on the stock with a $25 price target.

06:40 EDT	GOOG	Facebook Home not very popular so far, AllThingsD says Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link

06:05 EDT	CSCO	On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street�s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports.

05:53 EDT	MSFT	U.K. game industry experiences a revival, WSJ reports Subscribe for More Information

May 12, 2013
15:18 EDT	GOOG	Google+ struggles to win over brands, Reuters says Two years after introducing Google+ the search giant is struggling to win over the brands and businesses that are its best customers in the Internet search market, Reuters says. Reference Link

May 10, 2013
16:01 EDT	GOOG	Options Update; May 10, 2013 CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.

14:52 EDT	GOOG	Market poised to end week higher as tech helps lead advance Subscribe for More Information

10:53 EDT	GOOG	Facebook adds Facebook Home launcher to more Android phones, androidcentral says Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link

09:38 EDT	GOOG	Active equity option families trading Subscribe for More Information

09:35 EDT	GOOG	Google may announce improved Nexus 7 with same price at I/O, CNET says Subscribe for More Information

08:50 EDT	CSCO	Cisco EPS could reach $3 in medium term, says Pacific Crest Pacific Crest believes that Cisco has multiple drivers that could enable its EPS to reach $3 in the medium term. The firm thinks the stock's valuation appears overly bearish and it keeps an Outperform rating on the shares.

07:48 EDT	MSFT	Microsoft says Yammer sales up 259%, added 312 customers in quarter Subscribe for More Information

May 9, 2013
16:47 EDT	MSFT	On The Fly: Closing Wrap Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67.

15:04 EDT	GOOG	Google's YouTube announces subscription content On the official YouTube blog, Google unit YouTube announced it is launching a pilot program for some partners that will offer paid channels on YouTube with subscription fees starting at 99c per month. Reference Link

14:30 EDT	GOOG	Options Update; May 9, 2013 Subscribe for More Information

12:35 EDT	MSFT	On The Fly: Midday Wrap Subscribe for More Information

09:38 EDT	GOOG	Active equity option families trading Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD.

09:19 EDT	MSFT	On The Fly: Pre-market Movers UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference.

07:44 EDT	MSFT	Microsoft new CFO positive, says Oppenheimer Subscribe for More Information

07:37 EDT	MSFT	Barnes & Noble volatility flat into Microsoft may acquire Nook Media assets Subscribe for More Information

06:40 EDT	MSFT	Microsoft may acquire Nook Media assets for $1B, TechCrunch reports Microsoft (MSFT) is considering to acquire the digital assets of Nook Media for $1B, reports TechCrunch. Microsoft would redeem preferred units of Nook Media, a joint venture with Barnes & Noble (BKS) and other investors. Nook Media may also plan to discontinue its Android-based tablet business by end of FY14. Reference Link

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