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Stock Market & Financial Investment News

News Breaks
May 23, 2012
07:13 EDTFB, NWSA, CMCSA, GOOG, DISVideo startup Airtime acquires social startup Erly, TechCrunch reports
Video startup Airtime, founded by Shawn Fanning and Sean Parker, has acquired Erly, the social startup founded by Hulu's (NWSA, DIS, CMCSA) former Chief Technical Officer Eric Feng, reported TechCrunch. Reference Link
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June 19, 2015
06:11 EDTFBFacebook implied volatility of 21 at lower end of index mean range
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June 18, 2015
19:48 EDTFBFacebook Moments not available in Europe due to regulator concerns, WSJ says
Facebook's photo app, Moments, will not be available in Europe due to regulators' concerns over facial recognition technology, reports the Wall Street Journal, citing Facebook’s head of policy in Europe, Richard Allan. Reference Link
17:04 EDTCMCSAComcast files to sell 2.66M shares of Class A common stock for holders
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13:31 EDTCMCSANBC names Holt anchor of Nightly News, Williams apologizes
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13:02 EDTGOOGWorldwide wearables market forecast to grow 173.3% in 2015, IDC says
The wearables market maintained its upward trajectory in the first quarter of 2015 as new vendors, including Apple (AAPL), prepared to enter the market. A new forecast from the International Data Corporation, IDC, Worldwide Quarterly Wearable Device Tracker estimates that 72.1M wearable devices will be shipped in 2015, up a strong 173.3% from the 26.4 million units shipped in 2014. Shipment volumes are expected to experience a compound annual growth rate, CAGR, of 42.6% over the five-year forecast period, reaching 155.7M units shipped in 2019. "We expect smart wearables, those capable of running third party apps, to take the lead in 2016," added Ubrani. "Smart wearables like the Apple (AAPL) Watch and Micosoft's (MSFT) Hololens are indicative of an upcoming change in computing, and the transition from basic to smart wearables opens up a slew of opportunities for vendors, app developers, and accessory makers." Other companies that have been mentioned in the wearable tech group include Google (GOOG), GoPro (GPRO) and Fitbit (FIT). Reference Link
12:04 EDTFBActive options: AAPL ORCL FB RAD BAC HTZ MU GE TSLA AMZN BABA KO
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11:45 EDTNWSADow Jones to begin round of job cuts today, NY Times reports
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11:12 EDTGOOGGoogle acquired 'app streaming' startup Agawi last fall, The Information says
Google quietly acquired "app streaming" startup Agawai last fall, The Information reports. The startup's technology lets people access apps on their smartphone without downloading them. Reference Link
10:20 EDTGOOGGoogle in talks for combined Dunnhumby bid, Sky News reports
Google (GOOG) is in talks with buyout firm Permira regarding a possible combined bid for Tesco (TSCDY) unit Dunnhumb, Mark Kleinman of Sky News reports. Reference Link
09:35 EDTFBActive equity options trading on open
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08:23 EDTDISDisney cancels plans to outsource tech jobs, L.A. Times reports
Disney (DIS) is canceling plans to replace employees in 30 technology positions with workers hired from Cognizant Technology Solutions (CTSH), an agency that outsources jobs to immigrants mostly from India on temporary work visas, the L.A. Times reports. Disney employees in New York, New York and Burbank, California were first made aware of the layoffs in late May, and recently some of the employees were asked to help train their own successors, sometimes in person but mostly via teleconference, the report says. Disney has not offered many details on the reasons for its decision to reverse layoff plans, the L.A. Times says. Reference Link
08:07 EDTNWSANews Corp. announces plans to initiate dividend
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08:04 EDTGOOGGoogle accelerating pace of cloud product innovation, says Baird
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08:00 EDTNWSANews Corp. amends stockholder rights plan
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07:38 EDTFBFacebook continues to take ad share, says JMP Securities
JMP Securities says its checks indicate that Facebook's share of total ad dollars continue to rise. The firm believes that Instagram's engagement and monthly average users continue to grow. It estimates that Instagram could generate about $1,4B in revenue next year, versus its 2015 estimate of about $445M. JMP Securities raised its price target on Facebook to $101 from $98 and keeps an Outperform rating on the shares.
07:30 EDTFBSalesforce initiatives should help social media companies, says Brean Capital
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06:48 EDTGOOGGoogle, Microsoft, Mozilla announce WebAssembly partnership, TechCrunch says
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06:19 EDTGOOGGoogle, Ingenico Group team up to facilitate cross-border e-commerce
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06:16 EDTCMCSALester Holt expected to be named permanent 'Nightly News' anchor, WSJ reports
Brian Williams will stay with NBC in an undisclosed role and Comcast is expected to make Lester Holt permanent anchor of "Nightly News," a source tells The Wall Street Journal. Williams was taken off the air earlier this year following allegations he exaggerated a story from his days covering the war in Iraq in 2003. Reference Link
06:13 EDTFBFacebook testing new approach to hiring to diversify employee ranks, WSJ reports
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