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Stock Market & Financial Investment News

News Breaks
January 9, 2013
18:06 EDTAAPL, VZ, GOOG, DTV, AMZN, S, SSNLF, CMCSA, EBAY, T, NFLX, DISH, CVCFCC Chairman announces push for faster Wi-Fi at airports, convention centers
While speaking at the 2013 International CES, FCC Chairman Julius Genachowski announced that the commission will soon kick-off a government-wide effort to increase speeds and alleviate Wi-Fi congestion at major hubs, such as airports, convention centers and large conference gatherings. This would also increase speed and capacity for Wi-Fi in the home where multiple users and devices are often on the network at the same time. In addition, as part of the effort to implement the world’s first incentive auction, the FCC proposed to ensure that a significant amount of low-band unlicensed spectrum recovered from TV broadcasters will be available on a consistent, nationwide basis for the first time. Reference Link
News For GOOG;NFLX;SSNLF;VZ;T;S;AAPL;EBAY;AMZN;CVC;CMCSA;DTV;DISH 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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16:04 EDTAAPLOptions Update; May 21, 2013
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14:25 EDTEBAYRadioShack to introduce PayPal in all stores this month, Reuters says
RadioShack (RSH) will introduce PayPal, the online payment system owned by eBay (EBAY), in all of its retail stores starting this month, reports Reuters. Reference Link
13:43 EDTSClearwire reschedules special shareholder meeting
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13:36 EDTSClearwire holder Crest Financial protest company's delay of vote on merger
Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (CLWR), protested the decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's (S) increased offer price of $3.40 per share. Crest said that it has sent a letter to the Clearwire Board of Directors urging them to resist Sprint's new offer so that Clearwire can pursue direct offers through a competitive process once the bidding war over Sprint is concluded. Crest's letter to the Clearwire Board said, "Sprint's new offer for Clearwire still significantly undervalues Clearwire and its assets and provides no protections to minority stockholders."
13:17 EDTNFLXNetflix says Ricky Gervais' original series to debut September 12
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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.
09:42 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
09:34 EDTAAPLApple trades lower, levels to watch
The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46.
09:32 EDTSClearwire to resume trading at 9:45 am ET
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09:23 EDTSClearwire receives increase offer from Sprint
Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint.
09:22 EDTSClearwire receives increase offer from Sprint
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09:07 EDTAMZNAmazon.ca introduces Amazon Cloud Drive for Canada
All customers get 5 GB of free storage. Additional storage plans start at C$10 a year, the company said.
09:03 EDTSSprint increases offer for Clearwire to $3.40 per share from $2.97
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09:01 EDTSSprint increases offer for Clearwire to $3.40 per share
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08:57 EDTSSprint to raise bid for Clearwire above $2.97 prior offer, DJ says
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08:12 EDTAAPLSenate Homeland Security and Governmental Affairs Committee to hold a hearing
The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link
07:50 EDTAAPLIreland rejects allegations that it's a tax haven, FT reports
Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link
07:43 EDTTFierceWireless to host a breakfast meeting
Pre-Conference Breakfast at CTIA 2013 is being held in Las Vegas on May 21 at 10:30 am.
07:32 EDTVZCTIA–The Wireless Association to host a conference
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