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Stock Market & Financial Investment News

News For GOOG;MSFT From The Last 14 Days
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May 21, 2013
19:39 EDTGOOGGoogle tax behavior to be criticized by U.K. party leader, Reuters says
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15:40 EDTMSFTGameStop off lows after Microsoft says Xbox One will allow resale of games
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15:39 EDTMSFTMicrosoft says Xbox One will allow resale, trade-in of games, Bloomberg says
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15:24 EDTMSFTMicrosoft 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 EDTMSFTElectronic Arts announced EA Sports Ignite for Xbox One
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14:16 EDTMSFTMicrosoft announces Xbox One
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14:12 EDTMSFTNVIDIA announces PhysX support for Microsoft Xbox One
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14:05 EDTMSFTMicrosoft, 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 EDTMSFTActivision's Call of Duty downloadable content will come first to Xbox One
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13:50 EDTMSFTMicrosoft announces partnership with National Football League
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13:48 EDTMSFTMicrosoft announces live action Halo television series
Steven Spielberg to be involved with Halo series.
13:30 EDTMSFTElectronic Arts says starting new strategic partnership with Microsoft
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13:24 EDTMSFTMicrosoft 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 EDTMSFTMicrosoft to hold a company event
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10:42 EDTGOOGGoogle 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 EDTMSFTMicrosoft breakout continues, levels to watch
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07:25 EDTMSFTMicrosoft 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 EDTMSFTMicrosoft to begin shipping volume shipments of new Xbox in Q3, Digitimes says
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May 20, 2013
16:02 EDTGOOGOptions Update; May 20, 2013
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09:40 EDTGOOGActive equity option families trading
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08:40 EDTMSFTBarnes & 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 EDTGOOGGoogle ex-employee claims evidence of U.K. tax evasion, FT says
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07:42 EDTMSFTCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
07:32 EDTMSFTSociety 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 EDTMSFTCisco 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 EDTMSFTMicrosoft 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 EDTGOOGOptions Update; May 17, 2013
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14:03 EDTGOOGMarket set to finish week with gains after Cisco results, comments
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10:17 EDTMSFTMicrosoft continues its quiet stealth rally, levels to watch
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09:38 EDTGOOGGoogle rises following price target bump, levels to watch
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09:37 EDTGOOGActive equity option families trading on open
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08:53 EDTGOOGGoogle price target raised to $1,065 from $875 at Argus
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08:29 EDTMSFTJPMorgan's business and information services analyst holds a conference call
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07:10 EDTGOOGU.K. to question Amazon over income tax, Reuters reports
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06:36 EDTGOOGGoogle to add new apps to Google Glass, NY Times says
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May 16, 2013
18:42 EDTGOOGGoogle sent letter by Congress over Glass privacy issues, WSJ reports
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14:01 EDTGOOGOptions Update; May 16, 2013
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13:05 EDTGOOGSpending 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
10:25 EDTGOOG, MSFTMicrosoft discussing 'glasses' tech with Vuzix, NY Post says
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09:36 EDTGOOGActive equity option families trading on open
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07:36 EDTGOOGGoogle 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.
07:10 EDTGOOGGoogle to help with supercomputing project, WSJ reports
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07:02 EDTGOOG, MSFTYouTube demands that Microsoft pull YouTube app, The Verge reports
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06:23 EDTMSFTMicrosoft second-generation Surface to be between $249-$299, DigiTimes says
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06:21 EDTMSFTMicrosoft to launch 8-inch Surface in June, Digitimes says
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06:08 EDTGOOGOn the Fly: Periodicals Wrap-Up
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05:59 EDTGOOG, MSFTHigh tech firms involved in immigration battle, WSJ reports
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May 15, 2013
17:09 EDTGOOG, MSFTGreenlight 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 EDTGOOGSoros 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).
16:24 EDTGOOGOn The Fly: Closing Wrap
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16:08 EDTGOOG, MSFTGoogle sites lead U.S. April searches with 66.5% of searches, comScore says
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16:02 EDTGOOGOptions Update; May 15, 2013
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14:27 EDTGOOGGoogle unveils redesigned Maps for mobile
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13:26 EDTMSFTMicrosoft to grow tablet sales outlets by about 50% in Japan, Nikkei says
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13:01 EDTGOOGGoogle says Chrome browser now has over 750M users
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12:59 EDTGOOGGoogle 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 EDTGOOGGoogle says All Access music service available for $9.99 per month
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12:49 EDTGOOGGoogle announces subscription streaming music service
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12:26 EDTGOOGGoogle announces Google Play Game Services
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12:13 EDTGOOGGoogle says 900M Android devices now activated worldwide
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11:37 EDTMSFTMicrosoft replacing Xbox points with gift cards, currency, The Verge reports
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10:02 EDTGOOGGoogle breaks out above round-number resistance at $900
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10:01 EDTGOOGGoogle volatility decreases as shares rally to record into Google I/O
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09:43 EDTGOOGActive equity option families trading on open
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09:19 EDTGOOGOn The Fly: Pre-market Movers
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08:33 EDTGOOGGoogle to announce "pure" Android version of Galaxy S4, Geek.com says
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08:19 EDTGOOGSamsung shipped 6M Galaxy S4 devices through May 10, androidcentral says
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07:39 EDTGOOGGoogle to host a conference
Google I/O 2013 is being held in San Francisco on May 15-17.
07:38 EDTMSFTMicrosoft 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 EDTGOOGGoogle price target raised to $996 from $932 at Morgan Stanley
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07:21 EDTGOOGPandora down 4% to $16.10 after reports of Google music service
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06:52 EDTGOOGGoogle 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 EDTGOOGGoogle to launch Spotify-like music service, WSJ reports
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17:50 EDTGOOGGoogle to launch Spotify-style streaming music service, DJ reports
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15:36 EDTMSFTMicrosoft confirms Windows 8.1 update scheduled for June 26
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13:54 EDTGOOGGoogle CEO Page discloses left vocal chord paralysis
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11:12 EDTGOOGBlackBerry plans to bring BBM to iOS, Android this summer
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11:01 EDTGOOGBlackBerry 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 EDTGOOGSynacor 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 EDTGOOGGoogle to expand Fiber service to Gladstone, Missouri
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07:32 EDTGOOGGoogle ordered to change search hints by German court, AP reports
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07:27 EDTMSFTNokia 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 EDTGOOGGoogle likely to focus on new Android services at conference, AllThingsD says
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05:53 EDTMSFTWeb browsers are being reinvented, WSJ reports
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May 13, 2013
16:25 EDTMSFTOn 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 EDTMSFTBarnes & 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 EDTMSFTMicrosoft, 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 EDTGOOGGoogle 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
08:14 EDTGOOGGoogle volatility at low end of range as shares near record high into Google I/O
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07:49 EDTGOOGGoogle price target raised to $950 from $875 at BofA/Merrill
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06:40 EDTGOOG 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
05:53 EDTMSFTU.K. game industry experiences a revival, WSJ reports
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May 12, 2013
15:18 EDTGOOGGoogle+ 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 EDTGOOGOptions 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 EDTGOOGMarket poised to end week higher as tech helps lead advance
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10:53 EDTGOOGFacebook 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 EDTGOOGActive equity option families trading
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09:35 EDTGOOGGoogle may announce improved Nexus 7 with same price at I/O, CNET says
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07:48 EDTMSFTMicrosoft says Yammer sales up 259%, added 312 customers in quarter
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May 9, 2013
16:47 EDTMSFTOn 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 EDTGOOGGoogle'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 EDTGOOGOptions Update; May 9, 2013
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12:35 EDTMSFTOn The Fly: Midday Wrap
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09:38 EDTGOOGActive equity option families trading
Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD.
09:19 EDTMSFTOn 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 EDTMSFTMicrosoft new CFO positive, says Oppenheimer
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07:37 EDTMSFTBarnes & Noble volatility flat into Microsoft may acquire Nook Media assets
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06:40 EDTMSFTMicrosoft 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
May 8, 2013
16:07 EDTMSFTMicrosoft names Amy Hood new CFO
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14:48 EDTGOOGDruckenmiller says Google his largest holding in U.S.
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09:37 EDTGOOGActive equity option families trading on open
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08:54 EDTGOOGGoogle Maps alleged redesign leaked, electronista reports
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08:23 EDTGOOGFrance, Germany want Google pressed on taxes, Reuters reports
German and French politicians will press for Google to be questioned on corporate income tax after a Reuters report highlighted how the company employs sales staff in the U.K. while telling the tax authorities that sales are made from Ireland, reports Reuters. British lawmakers plan to call Google to testify again to a parliamentary committee to clarify what work it does there. Reference Link
07:18 EDTMSFTLockheed Martin to host a conference
13th Annual Information Technology Day is being held in Kennewick, Washington on May 8.
06:15 EDTGOOGApple wants Google documents in Samsung suit, Bloomberg reports
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