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Stock Market & Financial Investment News

News Breaks
January 23, 2013
06:05 EDTEMC, MSFT, BA, GOOGOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The estimated $1.7T that American companies say they have indefinitely invested overseas is actually sitting right here at home. Some companies, including Google (GOOG), Microsoft (MSFT) and EMC Corp. (EMC), keep over three-quarters of the cash owned by their foreign subsidiaries at U.S. banks, held in U.S. dollars or parked in U.S. government and corporate securities, sources say, the Wall Street Journal reports...U.K. Prime Minister Cameron today pledged to hold a referendum on whether the country should remain a member of the EU within two and a half years of the next general election, due in 2015, the Wall Street Journal reports...REUTERS: Fewer investors are taking corporate America to court for fraud as the number of new federal securities fraud lawsuits seeking class-action status fell to a seven year low in 2012, according to a study by Stanford Law School and Cornerstone Research, Reuters reports...In 200, the FAA cleared Boeing's (BA) use of a highly flammable battery in the 787 Dreamliner, deciding it was safe to let the lithium-ion battery burn out if it caught fire mid-air as long as the flames were contained, and smoke and fumes vented properly, according to documents reviewed by Reuters.That decision is now coming under scrutiny, Reuters reports...BLOOMBERG: Clients of the largest U.S. banks withdrew funds this month at the fastest weekly pace since the September 11 attacks as a deposit-insurance program ended and customers tapped into a year-end cash hoard. Net withdrawals at the 25 largest U.S. banks totaled $114.1B in the week ended January 9, pushing deposits down to $5.37T, according to Federal Reserve data, Bloomberg reports...Global investors say the state of the U.S. government’s finances is the greatest risk to the world economy and nearly 50% are curbing their investments in response to continuing budget battles, according to a Bloomberg poll.
News For GOOG;MSFT;EMC;BA From The Last 14 Days
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April 7, 2015
07:52 EDTMSFTHP, Microsoft partnering on solutions for auto, financial services industries
HP (HPQ) announced it is partnering with Microsoft (MSFT) to deliver solutions for the automotive, public sector and financial services industries to help organizations deliver differentiated products and create new revenue through mobile, web and social channels. HP and Microsoft are building a portfolio of business process accelerators and are delivering them as Business Process as-a-Service solutions, HP stated. HP Business Process as-a-Service solutions for Microsoft Dynamics services are available immediately worldwide. Reference Link
07:03 EDTGOOGCyrusOne announces direct connectivity to Google Cloud Platform
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06:46 EDTGOOGApple Pay, Google Wallet could see competition from CurrentC, Macworld says
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06:25 EDTGOOGGroups urge authorities to probe YouTube app, Reuters says
Advocacy groups say they will urge federal regulators to probe a video app for Google's YouTube, according to Reuters. Aimed at children, the app deceptively blends video programming and ads, the news service quoted the groups as saying. Reference Link
06:25 EDTMSFTMicrosoft close to have alternative to Apple Pay, Business Insider reports
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06:21 EDTGOOGGoogle Ventures leading $12M investment in CoreOS, Business Insider reports
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06:00 EDTGOOGTurkey restores access to YouTube, Twitter, Facebook, FT reports
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April 6, 2015
19:42 EDTGOOGSurvey of iPhone, iPad users indicates preference for Google search, BI says
48% of Apple (AAPL) iPhone and iPad users report that if Yahoo (YHOO) were to acquire default search engine rights for Apple's Safari browser, they would manually switch the default search back to Google (GOOG), reports Business Insider, citing a survey of roughly 500 Apple users by Goldman Sachs tech analysts. 4% of the surveyed users stated they would intentionally keep Yahoo as the default. Reference Link
10:02 EDTMSFTOn The Fly: Analyst Upgrade Summary
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09:56 EDTGOOGGoogle in talks with Hutchison for cheaper overseas calls, Telegraph reports
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09:36 EDTGOOGActive equity options trading on open
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07:45 EDTMSFTMicrosoft upgraded at Wells Fargo
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07:34 EDTMSFTWells Fargo upgrades Microsoft on improved strategic position
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06:32 EDTGOOGGoogle Ventures-backed Buttercoin to shut down
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06:31 EDTMSFTMicrosoft upgraded to Outperform from Market Perform at Wells Fargo
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06:28 EDTMSFTMicrosoft completes latest round of layoffs, Business Insider reports
Microsoft has completed its latest round of layoffs in a move to "remove role overlap, optimize activities and functions, align disciplines with the rest of Microsoft, and, perhaps most importantly, reshape IT for the skills we need to transform," Business Insider reports, citing an email from Chief Information Officer Jim DuBois. A company spokesperson commented that the company believes this will be the "last of the anticipated broad cuts as part of the restructuring plan announced last July." Though it is unclear how many employees were laid off in this round, affected workers are coming from Microsoft's divisions and not focused on former Nokia employees. Reference Link
05:54 EDTGOOGYouTube planning advertising campaign aimed at Canada, Globe and Mail says
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April 5, 2015
16:56 EDTGOOGEU considers major probe into Internet platforms, WSJ says
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14:32 EDTGOOGAntitrust suit against Google over Android app limits dropped, Reuters says
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14:17 EDTBABoeing reports 184 commercial deliveries in Q1, including 30 787s
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