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Stock Market & Financial Investment News

News Breaks
January 23, 2013
13:10 EDTHLF, GMCR, AAPLHerbalife down as renewed speculation of Einhorn short circulates
Shares of personal care and nutritional supplement maker Herbalife (HLF) are lower in afternoon trading amid renewed speculation that hedge fund manager David Einhorn has joined Bill Ackman in taking a short position in the stock. Ackman's short thesis on the multi-level marketing company is well documented and market participants have speculated that Einhorn has a short position as well ever since the head of Greenlight Capital questioned Herbalife management on a conference call. In his quarterly letter to investors in Greenlight, Einhorn jokingly attributed the funds lackluster quarterly performance to the facts that, "Our coffee was too hot, our apple was bruised, and our iron supplements didn't do down smoothly." Einhorn went on to explain in the same paragraph that the "coffee" reference applies to a previously disclosed short position in Green Mountain (GMCR) that was unprofitable during the quarter. At quarter end, Greenlight's largest disclosed long positions included Apple (AAPL), but the tech giant's shares fell during the quarter. Later in the letter, Einhorn discloses a new bearish thesis on iron ore, noting that the fund has shorted a number of stocks in the iron ore sector but not disclosing specific names. Greenlight states that in the fourth quarter the price of iron ore and related mining stocks rallied, but added that the fund is willing to be patient in its iron short position "given the considerable downside" potential. Some market participants have speculated Einhorn's reference to "iron supplements" in the opening paragraphs of the communication was a veiled reference to Herbalife, but the company was not mentioned by name in the letter. In early afternoon trading, Herbalife shares are down about 1.6% to $43.44.
News For HLF;GMCR;AAPL From The Last 14 Days
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July 12, 2014
16:27 EDTAAPLApple wins live streaming case brought by Emblaze, Bloomberg says
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July 11, 2014
15:59 EDTAAPLOptions Update; July 11, 2014
iPath S&P 500 VIX Short-Term Futures down 33c to 28.25. Option volume leaders: AAPL C GILD X FB GOOG AMZN TWTR TSLA according to Track Data.
10:17 EDTAAPLFirm raises Apple price target on iPhone 6 optimism
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09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
09:14 EDTAAPLSanDisk has several positive catalysts, says Sterne Agee
Sterne Agee expects SanDisk (SNDK) to benefit from several developments, including a strengthening high margin retail market and new Apple (AAPL) products that will include embedded MCP and SSDs. The firm expects SanDisk to report solid June quarter results and guide to a stronger September quarter. It keeps a Buy rating.
08:49 EDTAAPLJune CIO survey indicates strong 2H, says Morgan Stanley
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08:25 EDTAAPLApple price target raised to $112 from $102 at Canaccord
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07:26 EDTAAPLApple, Coke on board with Obama 'SupplierPay' initiative, WSJ says
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07:04 EDTAAPLAnalyst Ming-Chi Kuo: iWatch to enter mass production in November, 9to5Mac says
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July 10, 2014
16:00 EDTAAPLOptions Update; July 10, 2014
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14:15 EDTHLFHerbalife p.r. flurry 'smells of desperation,' Seeking Alpha contributor says
Herbalife, in an effort to inform investors that 21 independent members are traveling to Washington D.C. in support of the company, released six nearly identical press releases this morning, as noted by Seeking Alpha contributor "Quoth the Raven." Putting the news out in this way, via six press releases instead of "one, concise release is unprofessional and farcical - it smells of desperation for positive press," according to the author, who disclosed a short position in the stock. Reference Link
14:14 EDTAAPLChinese telecom companies to cut marketing spending, WantChinaTimes says
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10:27 EDTAAPLInvenSense likely won designs across Apple product lines, says Rosenblatt
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09:56 EDTAAPLApple reportedly orders 68M iPhone 6 units, Mac Rumors reports
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09:36 EDTAAPLActive equity options trading on open
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08:10 EDTAAPLMorgan Stanley's Vintage Values 2015 list selected
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07:54 EDTAAPLTSMC begins shipping microprocessors to Apple, WSJ reports
TSMC (TSM) has begun shipping microprocessors to Apple (AAPL) for use in smartphones and tablets, reports the Wall Street Journal. According to people familiar with the matter, TSMC began shipping the microprocessors in Q2 and agreed to work together on more advanced chips next year. Reference Link
06:26 EDTAAPLTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:18 EDTAAPLIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
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05:57 EDTAAPLApple wins EU trademark for store layouts, AP reports
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