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Stock Market & Financial Investment News

News Breaks
February 21, 2013
06:04 EDTGOOG, YUM, DPZ, BKW, MCD, WFC, PHM, DHI, KB, TOL, MSFT, IBMOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Fed officials are split over an early retreat from the experimental programs created to revive the U.S. economy as minutes released from the Fed's January policy meeting show officials concerned that the current easy-money policies could lead to excessive risk-taking and instability in financial markets, the Wall Street Journal reports...Google (GOOG) has developed the first touchscreen laptops powered by its Chrome operating system to be sold later this year, sources say, as the company tries to go against Microsoft’s (MSFT) Windows operating system, the Wall Street Journal reports...REUTERS: U.S. builders (TOL, KB, DHI, PHM) broke ground on fewer homes last month but a jump in permits for future construction to a four and a half year high indicated the housing market recovery remains on track. Another report showed wholesale prices increased in January for the first time in four months, Reuters reports...The Volcker Rule is expected to be finalized as soon as this year. Major banks are already pulling back from private equity investments ahead of the rules. But not Wells Fargo (WFC). The bank invests in buyouts and venture capital deals largely on its own, with capital only from Wells Fargo itself and some employees. By avoiding equity from outside investors, the bank is considered to be engaging in "merchant banking," likely to be exempt under the new rule, Reuters reports...BLOOMBERG: Americans are eating less fast food and pizza (MCD, BKW, DPZ, YUM). Adults consumed an average of 11.3% of their daily calories from fast food in 2007-2010, a decline from 12.8% in 2003-2006, the Centers for Disease Control and Prevention said, Bloomberg reports...IBM (IBM) plans to release a prototype next year of an alternative rechargeable lithium-ion battery it calls “lithium air” that would mark a step forward by packing in more storage capacity. Finding a solution to the shortcomings of batteries has the potential to revolutionize everything from transportation to hand-held gadgets, Bloomberg reports.
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May 24, 2013
16:00 EDTGOOGOptions Update; May 24, 2013
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15:37 EDTGOOGGoogle plans wireless networks in Africa, Asia, WSJ reports
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14:07 EDTMSFTMarket poised to end week lower following Fed, China data
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12:27 EDTMSFTMicrosoft to look to sell 25M additional Xbox 360s, The Verge reports
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11:30 EDTMCDMcDonald's appears to be topping out, levels to watch
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09:43 EDTGOOGActive equity option families trading
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08:56 EDTMSFTMicrosoft to receive percentage cut of Xbox One pre-owned sales, MCV says
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08:27 EDTPHMPulteGroup price target raised to $32 from $24 at Sterne Agee
Sterne Agee believes that PulteGroup can raise prices, while it should have relatively easy compares in 2014 versus 2013. The firm increased its fiscal 2014 EPS estimate for the company to $1.60 from $1.18 and keeps a Buy rating on the shares.
07:49 EDTGOOGRumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link
07:44 EDTGOOGFacebook delays release of HTC First phone in Europe, FT reports
Facebook delayed release of its customized Android phone in Europe, following negative customer feedback in the U.S., reports the Financial Times. The new HTC First was released in the U.S. last month.Reference Link
07:39 EDTMCDMcDonald's defends itself against children and obesity, Reuters reports
For the second straight year, McDonald's investors rejected a shareholder proposal that would have required the fast-food chain to assess its impact on childhood obesity, reports Reuters. Reference Link
07:33 EDTGOOGGoogle ad sales draws FTC probe, Reuters reports
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07:20 EDTGOOGFacebook may face bidding war with Google for Waze, Bloomberg says
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07:11 EDTGOOGGoogle seems to be copying Amazon's moves, WSJ reports
Google (GOOG) increasingly appears to be following Amazon.com’s (AMZN) lead. Last year, Amazon rolled out AmazonSupply, an e-commerce site featuring industrial goods, and Google followed suit this January, reports the Wall Street Journal.Reference Link
06:21 EDTGOOGAU Optronics to supply panels for next-generation Nexus 7, DigiTimes says
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06:10 EDTGOOGOn the Fly: Periodicals Wrap-Up
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May 23, 2013
20:04 EDTGOOGGoogle 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 EDTMSFT, GOOGGoogle 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 EDTGOOG, MSFTGoogle loses bid to block U.S. imports of Microsoft's Xbox, Bloomberg reports
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17:11 EDTGOOGGoogle facing new antitrust probe from FTC, Bloomberg says
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