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Stock Market & Financial Investment News

News Breaks
March 18, 2014
12:23 EDTQCOM, GOOG, FOSL, INTC, BRCM, SSNLFGoogle extends Android to wearables, starts with watches
On its official blog site Google said: " We’re announcing Android Wear, a project that extends Android to wearables. And we’re starting with the most familiar wearable—watches. Going well beyond the mere act of just telling you the time, a range of new devices along with an expansive catalogue of apps.." Google added, "We’re also already working with several consumer electronics manufacturers, including Asus, HTC, LG, Motorola and Samsung (SSNLF); chip makers Broadcom (BRCM), Imagination, Intel (INTC), Mediatek and Qualcomm (QCOM); and fashion brands like the Fossil Group (FOSL) to bring you watches powered by Android Wear later this year." Reference Link
News For GOOG;SSNLF;INTC;QCOM;BRCM;FOSL From The Last 14 Days
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February 17, 2015
16:20 EDTFOSLFossil tumbles to new 52-week low after hours
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16:09 EDTFOSLFossil, Kate Spade announce global licensing agreement
Fossil Group (FOSL) and Kate Spade (KATE) announced the companies have signed a global licensing agreement for the design, development and distribution of kate spade new york watches through 2025. Through the partnership, Fossil Group assumes the existing watch business successfully built under the kate spade new york brand and will begin distributing the assortment through its extensive global network. Fossil Group will launch the first collection of watches designed, developed and distributed in collaboration with kate spade new york, a global lifestyle brand, in 2016. Product will be available in kate spade new york stores as well as key retailers globally.
16:08 EDTFOSLFossil says FY15 'significantly negatively impacted' by currency, restructuring
For fiscal 2015, the Company expects that its results will be significantly negatively impacted by foreign currency changes as well as restructuring charges. It sees 2015 restructuring charges of 35c.
16:07 EDTFOSLFossil says on track to deliver long term goal
The company said, "As we begin 2015, we believe we remain on track to continue to deliver on our long term goal of driving profitable top-line growth while investing in high return initiatives that can fuel our momentum over the long term. The addition of kate spade new york to our multi-brand portfolio, which we announced today, is yet another great example of our ability to capitalize on lifestyle brands that are poised for global expansion. Our priorities are to invest in developing our digital capabilities, advance our wearable technology initiative, drive efficiencies in our operating model, and continue to leverage our competitive advantages of world-class design, production and global distribution to grow Fossil, Skagen and our multi-brand portfolio. We remain excited about our outlook and while we recognize near-term challenges, we expect fiscal 2015 to be another year of significant accomplishments towards our overarching objective to deliver sustained growth and outstanding returns for our shareholders over the long-term."
16:06 EDTFOSLFossil sees Q1 EPS 59c-69c, consensus $1.21
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16:05 EDTFOSLFossil sees FY15 EPS $5.45-$6.05, consensus $7.54
Sees FY15 net sales to be in the range of a 3% decrease to a 1% increase and Operating margin in a range of 12%-13%.
16:04 EDTFOSLFossil reports Q4 EPS $3.00, consensus $3.07
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15:32 EDTFOSLNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Devon Energy (DVN), consensus $1.05... Vornado Realty (VNO), consensus $1.23... Analog Devices (ADI), consensus 61c... FirstEnergy (FE), consensus 75c... CF Industries (CF), consensus $5.08... Agilent Technologies (A), consensus 41c... Cimarex Energy (XEC), consensus 82c... Flowserve (FLS), consensus $1.13... Fossil (FOSL), consensus $3.07... Rackspace (RAX), consensus 19c... Norwegian Cruise Line (NCLH), consensus 37c... Jack in the Box (JACK), consensus 87c... Cloud Peak Energy (CLD), consensus 7c... La-Z-Boy (LZB), consensus 38c... KAR Auction Services (KAR), consensus 29c... Owens & Minor (OMI), consensus 50c... Valmont Industries (VMI), consensus $1.65... Realty Income (O), consensus 66c.
14:35 EDTFOSLFossil technical remarks ahead of results
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14:24 EDTFOSLFossil February volatility elevated into Q4 and outlook
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12:12 EDTGOOGAT&T to match Google Fiber speed, pricing in Kansas City area, KC Star says
AT&T (T) announced on Sunday that it would offer Internet service in Kansas City and several of itssuburbs, with the same speed and pricing as Internet service provided by Google's Google Fiber service in the region, according to The Kansas City Star. Reference Link
10:31 EDTGOOGApple rises as analysts applaud reported auto ambitions
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09:54 EDTSSNLFIDC says Xiaomi outpaced Samsung for 2014 Chinese smartphone sales
Research firm IDC reports that Xiaomi achieved a 12.5% market share in China for 2014, while Samsung took second place with 12.1%. Chinese Q4 sales for Samsung fell to fifth place among smartphone makers, at 7.9% market share, down from 18.8% in 4Q13. IDC expects roughly 10% YoY growth for the 2015 smartphone market in China.
09:19 EDTINTCDocument Security files patent infringement claims against Intel, others
DSS Technology Management, a subsidiary of Document Security (DSS), announced the filing of a patent infringement lawsuit against the Intel (INTC); Dell; GameStop (GME); Conn's Inc. (CONN) and Conn Appliances; NEC Corporation of America; Wal-Mart Stores (WMT) and Wal-Mart Stores Texas, and AT&T (T) in the United States District Court for the Eastern District of Texas, Tyler Division. DSS's complaint alleges infringement by Intel, Dell, GameStop (GME), Conn's, NEC, Wal-Mart, and AT&T of US Patents 5,965,924 and 6,784,552, which relate to semiconductor manufacturing.
08:50 EDTGOOGGoogle launches Chinese YouTube channel for app developers, TechCrunch says
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07:22 EDTINTCMitsubishi UFJ to hold a tour
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06:48 EDTSSNLFSamsung to use $56B for growth, M&A aquisitions, Reuters says
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05:55 EDTINTCIntel to delay launch of 14nm Skylake desktop CPUs, DigiTimes reports
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05:53 EDTSSNLFSamsung to adopt 20nm process for 50% of 2015 DRAM output, DigiTimes says
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05:51 EDTQCOMStocks with implied volatility below IV index mean; MSFT QCOM
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