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Stock Market & Financial Investment News

News Breaks
October 19, 2012
06:08 EDTGOOG, RRD, ADM, BP, AMZN, AAPL, FBOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The Google (GOOG) filing was sent early due to human error and not a systems problem, R.R. Donnelley (RRD) CEO Tom Quinlan told the Wall Street Journal...A series of failed deals is upsetting Chinese firms trying to invest in U.S. businesses and throwing fuel on an increasingly tense trade relationship between the two largest economies, the Wall Street Journal reports...REUTERS: Archer Daniels Midland (ADM), which bought a 10% stake in Australia’s GrainCorp, valuing the company at $2.8B, wants talks on a takeover that would give the U.S. agribusiness a stronger platform to supply Asia, Reuters reports...BP’s (BP) board will meet today to consider a cash and stock offer worth over $25B from Rosneft for its 50% stake in TNK-BP, Reuters reports...BLOOMBERG: Expansion by tech companies from Amazon (AMZN) to Apple (AAPL) to Facebook (FB) is helping drive a rebound in U.S. office development from the lowest in more than five decades as default rates on construction mortgages decline from a 2010 peak, Bloomberg reports...Foreign direct investment in China declined for the 10th time in 11 months, as companies reduced spending amid a slowdown in their economy. Investment fell 6.8% from a year earlier to $8.43B, according to the Ministry of Commerce, Bloomberg reports.
News For GOOG;RRD;ADM;BP;AMZN;AAPL;FB From The Last 14 Days
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May 17, 2013
16:21 EDTBPOn The Fly: Closing Wrap
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16:00 EDTGOOG, AAPLOptions 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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13:09 EDTBPTesoro receives FTC clearance for purchase of BP refining, marketing business
Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities.
12:13 EDTAAPLSamsung says S4 sales to reach 10M next week, Korea Times says
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12:01 EDTAAPLiPad mini panel shipments from AUO expected to drop this quarter, DigiTimes says
AU Optronics' (AUO) shipments of panels for Apple's (AAPL) iPad minis are expected to sink to 2.5M-2.8M in Q2 from 4M in the first quarter, Taiwan-based supply chain sources stated, according to DigiTimes. Reference Link
11:05 EDTAAPLApple devices approves for use on U.S. military networks, Bloomberg says
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09:57 EDTAAPLApple devices approved for use by Pentagon, Bloomberg reports
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09:38 EDTGOOGGoogle rises following price target bump, levels to watch
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09:37 EDTAAPL, GOOGActive 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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07:11 EDTAAPLApple to suggest tax reform for offshore cash, Bloomberg reports
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07:10 EDTAMZN, GOOGU.K. to question Amazon over income tax, Reuters reports
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06:51 EDTFBFacebook volatility at low end of historic range
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06:43 EDTAAPL, AMZNApple disputing government's e-book allegations, NY Times says
Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link
06:36 EDTGOOG, FBGoogle to add new apps to Google Glass, NY Times says
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06:12 EDTAMZN, AAPLApple losing its edge as innovator, poll shows, Bloomberg reports
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06:06 EDTAMZN, AAPLOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.
May 16, 2013
18:42 EDTGOOGGoogle sent letter by Congress over Glass privacy issues, WSJ reports
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14:46 EDTBPTesoro may take over BP California assets as soon as June 1, Reuters says
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