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Stock Market & Financial Investment News

News Breaks
March 18, 2014
12:23 EDTBRCM, SSNLF, QCOM, GOOG, FOSL, INTCGoogle 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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April 7, 2015
06:00 EDTGOOGTurkey restores access to YouTube, Twitter, Facebook, FT reports
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April 6, 2015
19:49 EDTSSNLFSamsung sees Q1 operating profit KRW 5.9T, Bloomberg reports
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19:42 EDTGOOGSurvey of iPhone, iPad users indicates preference for Google search, BI says
48% of Apple (AAPL) iPhone and iPad users report that if Yahoo (YHOO) were to acquire default search engine rights for Apple's Safari browser, they would manually switch the default search back to Google (GOOG), reports Business Insider, citing a survey of roughly 500 Apple users by Goldman Sachs tech analysts. 4% of the surveyed users stated they would intentionally keep Yahoo as the default. Reference Link
17:01 EDTINTCIntel to change financial reporting structure
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12:44 EDTQCOMOn The Fly: Midday Wrap
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11:10 EDTSSNLF, QCOMNVIDIA reports favorable ITC ruling in patent fight with Qualcomm, Samsung
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10:56 EDTSSNLFSamsung comments on smartphone durability test conducted by SquareTrade
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10:39 EDTBRCM, SSNLF, INTC, QCOMQualcomm falls amid uncertainty about content in flagship Samsung phone
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10:02 EDTQCOMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Sell from Hold at Deutsche Bank... CONSOL (CNX) downgraded to Hold from Buy at Deutsche Bank... Catamaran (CTRX) downgraded to Market Perform from Outperform at BMO Capital... Comerica (CMA) downgraded to Neutral from Buy at Guggenheim... Gannett (GCI) downgraded to Market Perform from Outperform at FBR Capital... Magnum Hunter (MHR) downgraded to Hold from Buy at Wunderlich... Qualcomm (QCOM) downgraded to Market Perform from Outperform at FBR Capital... Regions Financial (RF) downgraded to Neutral from Buy at Guggenheim... SAP (SAP) downgraded at Wells Fargo... Sanderson Farms (SAFM) downgraded to Underweight from Sector Weight at KeyBanc... Scorpio Tankers (STNG) downgraded to Neutral from Accumulate at Global Hunter... Simpson Manufacturing (SSD) downgraded to Neutral from Buy at DA Davidson... Skyworks (SWKS) downgraded at Stephens... TripAdvisor (TRIP) downgraded to Hold from Buy at Needham... Western Union (WU) downgraded to Neutral from Positive at Susquehanna... Zillow Group (Z) downgraded to Equal Weight from Overweight at Barclays.
09:56 EDTGOOGGoogle in talks with Hutchison for cheaper overseas calls, Telegraph reports
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09:36 EDTGOOGActive equity options trading on open
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09:22 EDTQCOMOn The Fly: Pre-market Movers
HIGHER: Uniqure (QURE), up 44.2% following strategic collaboration with Bristol-Myers (BMY)... Cytori Therapeutics (CYTX), up 22.4% after Lorem Vascular receives regulatory clearance in China... Curis (CRIS), up 8.5% after FDA grants orphan drug designation to CUDC-907 for the treatment of Diffuse Large B-Cell Lymphoma... Capnia (CAPN), up 5.9% after being awarded a $220,000 NIH grant... Tesla (TSLA), up 3.8% after reporting first quarter deliveries up 55% to 10,030 cars... Ariad (ARIA), up 3.4% following approval of Iclusig in Canada... Lumber Liquidators (LL), up 3.1% after being upgraded to Outperform from Market Perform at Raymond James. LOWER: Magnum Hunter (MHR), down 8.9% after being downgraded to Hold from Buy at Wunderlich... Herbalife (HLF), down following CNBC report that federal law enforcement agencies contacted the company regarding its business practices... Qualcomm (QCOM), down 2.2% following a Wall Street Journal report that the Samsung (SSNLF) Galaxy S6 did not have a Qualcomm LTE modem... Skyworks (SWKS), down 2.1% after being downgraded to Equal Weight from Overweight at Stephens.
09:09 EDTQCOMQualcomm trades lower in pre-market
The stock is down more than 2.4% at time of writing to $66.31 following an WSJ article that noted the Samsung Galaxy S6 did not use a Qualcomm-developed wireless modem. Next support is at $65.68.
06:45 EDTQCOMQualcomm downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Qualcomm (QCOM) to Market Perform, removed the stock from its Top Picks list and dropped its price target for shares to $72 from $80. FBR said the moves were prompted by a posting on AT&T's (T) website which said the carrier’s version of the GS6 smarphone is powered by the Samsung Exynos 7420 processor with a Shannon 333 modem as opposed to Qualcomm's Snapdragon platform. FBR still expects the Verizon (VZ) and Sprint (S) GS6 versions to sport Qualcomm modems, but it believes the change at AT&T signals Samsung’s "clear intent to utilize proprietary baseband whenever and wherever possible." Shares of chip maker Qualcomm closed Thursday down $1.46 to $67.97.
06:32 EDTGOOGGoogle Ventures-backed Buttercoin to shut down
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06:11 EDTSSNLFSamsung expected to win A9 chip orders for next iPhone, Bloomberg reports
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06:07 EDTQCOM, SSNLFSamsung uses internally developed wireless modem in Galaxy S6, WSJ reports
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05:54 EDTGOOGYouTube planning advertising campaign aimed at Canada, Globe and Mail says
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April 5, 2015
16:56 EDTGOOGEU considers major probe into Internet platforms, WSJ says
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14:32 EDTGOOGAntitrust suit against Google over Android app limits dropped, Reuters says
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