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Stock Market & Financial Investment News

News Breaks
February 1, 2013
07:33 EDTSPLK, NTAP, IBMIBM may target NetApp, Splunk, Bloomberg reports
IBM (IBM) plans to spend nearly $15B on deals through 2015 and that may make NetApp (NTAP) and Splunk (SPLK) takeover candidates, reports Bloomberg. IBM is looking for deals after sales increased 0.8% in four years, the worst rate since the period that ended in 2002, according to Bloomberg data.Reference Link
News For IBM;NTAP;SPLK From The Last 14 Days
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November 18, 2014
05:29 EDTIBMIBM signs EUR 1B contract with Lufthansa
IBM (IBM) announced that it has signed a seven-year EUR 1B outsourcing contract to deliver IT infrastructure services for the Deutsche Lufthansa AG (DLAKY) and its Group companies. According to the agreement, which is subject in particular to the approval of the Lufthansa Supervisory Board and antitrust authorities, IBM will first optimize the airline's IT processes to increase efficiency, which is expected to generate an estimated cost savings by an average of approximately EUR 70M annually for the Lufthansa Group. This agreement is in line with the terms and conditions as published already in October. As part of the outsourcing agreement, IBM will manage Lufthansa Systems' entire data center operations, help desk and printer services along with individual infrastructure services. Around 1,400 Lufthansa Systems employees will transfer to IBM. Infrastructure services are scheduled to begin from IBM on April 1, 2015. The contract was signed November 15, 2014.
November 17, 2014
07:52 EDTIBMDepartment of Energy awards $425M for supercomputing technologies
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November 14, 2014
16:39 EDTIBMBerkshire Hathaway gives quarterly update on stakes
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13:38 EDTSPLKSplunk November volatility elevated into Q3 and outlook
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November 13, 2014
13:28 EDTIBMBlackBerry hits 52-week high after unveiling partnerships
Shares of BlackBerry (BBRY) hit a new 52-week high after the company announced three new partnership deals. The company is slated to hold its analyst day today, starting at 3:30 PM ET. WHAT'S NEW: BlackBerry announced that it would partner with Samsung to provide a security solution for the South Korean company's mobile devices that utilize Google's (GOOG) Android operating system. Under the deal, BlackBerry’s BES12, an Enterprise Mobility Management system, or EMM that was launched today, will be integrated with some of Samgung's Galaxy smartphones and tablets. BES 12 "securely manages devices from all of the major enterprise mobile platforms" and "will help organizations securely connect employees with each other and with the corporate information and machines” they need, BlackBerry stated. Also today, Blackberry announced that it would connect its EMM solutions to Salesforce's (CRM) top customer relationship management platform. "This agreement will allow Salesforce and BlackBerry joint customers to run their businesses from their phone while complying with specific industry regulations," said Vivek Kundra, a Salesforce Executive Vice President in a statement. "BlackBerry has an excellent reputation in security and networks, and when matched with the Salesforce Customer Success Platform, public sector organizations can use their mobile devices to connect with customers in a whole new way," added Kundra. Finally, BlackBerry announced that Brightstar would distribute BES 12. BlackBerry described Brightstar as "the world's largest wireless distribution company and leader in services for the wireless industry." WHAT'S NOTABLE: BES12 is expected to compete with Apple (AAPL) in the enterprise space. Apple earlier this year announced that it was partnering with IBM (IBM) in an effort to sell more products to corporate customers. PRICE ACTION: In mid-afternoon trading, BlackBerry jumped 6% to $11.95. Earlier today the shares set a new 52-week high of $12.05.
12:02 EDTIBMIBM signs 10-year, large-scale services agreement with WOOX Innovations
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07:36 EDTNTAPNetApp price target raised to $47 from $45 at Brean Capital
Brean Capital raised its price target on NetApp to $47 from $45 following its Q2 results. The firm feels the company's balance sheet and free cash flow generation will underpin a capital return program. Brean Capital reiterates its Buy rating on NetApp shares.
November 12, 2014
18:29 EDTNTAPOn The Fly: After Hours Movers
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17:44 EDTNTAPNetApp reaffirms FY15 EPS growth just under 10%, consensus $3.00
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16:08 EDTNTAPNetApp announces availability of two new products on AWS
NetApp (NTAP) announced the general availability of two new products, the NetApp SteelStore appliance and the NetApp Cloud ONTAP system, on Amazon Web Services (AMZN). The company said, "Now enterprises have additional options to extend their existing on-premises data management and data protection operations to AWS."
16:01 EDTNTAPNetApp sees Q3 EPS 74c-79c, consensus 80c
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16:01 EDTNTAPNetApp reports Q2 EPS 70c, consensus 70c
Reports Q2 revenue $1.54B, consensus $1.55B.
15:29 EDTNTAPNotable companies reporting after market close
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15:04 EDTNTAPNetApp November weekly 42 straddle priced for 5.1% move into Q2
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14:47 EDTNTAPNetApp technical comments ahead of results
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10:00 EDTNTAPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Advent Software (ADVS) initiated with a Neutral at BofA/Merrill... Agios Pharmaceuticals (AGIO) initiated with a Buy at Canaccord... Ashford Hospitality (AHT) initiated with a Neutral at Credit Suisse... AvalonBay (AVB) initiated with a Neutral at Credit Suisse... Berkshire Hills Bancorp (BHLB) initiated with a Buy at Compass Point... Boston Properties (BXP) initiated with an Outperform at Credit Suisse... Brandywine Realty (BDN) initiated with a Neutral at Credit Suisse... Brookline Bancorp (BRKL) initiated with a Neutral at Compass Point... CNH Industrial (CNHI) initiated with an Underperform at Macquarie... Camden Property (CPT) initiated with a Neutral at Credit Suisse... Care.com (CRCM) initiated with a Buy at Craig-Hallum... Corporate Office Properties (OFC) initiated with an Underperform at Credit Suisse... DCT Industrial (DCT) initiated with an Underperform at Credit Suisse... DDR Corp. (DDR) initiated with a Neutral at Credit Suisse... Demandware (DWRE) initiated with a Buy at Mizuho... DiamondRock (DRH) initiated with a Neutral at Credit Suisse... Douglas Emmett (DEI) initiated with a Neutral at Credit Suisse... EastGroup Properties (EGP) initiated with an Underperform at Credit Suisse... Equity One (EQY) initiated with a Neutral at Credit Suisse... Equity Residential (EQR) initiated with a Neutral at Credit Suisse... Essex Property Trust (ESS) initiated with a Neutral at Credit Suisse... Forest City (FCE.A) initiated with an Outperform at Credit Suisse... General Growth (GGP) initiated with a Neutral at Credit Suisse... Host Hotels (HST) initiated with a Neutral at Credit Suisse... Hudson Pacific (HPP) initiated with an Outperform at Credit Suisse... Kilroy Realty (KRC) initiated with an Underperform at Credit Suisse... Kimco Realty (KIM) initiated with an Outperform at Credit Suisse... LaSalle Hotel (LHO) initiated with an Outperform at Credit Suisse... Macerich (MAC) initiated with a Neutral at Credit Suisse... MasterCard (MA) initiated with a Hold at Topeka... NetApp (NTAP) initiated with a Buy at Maxim... Pebblebrook Hotel (PEB) initiated with an Outperform at Credit Suisse... Prologis (PLD) initiated with an Outperform at Credit Suisse... RLJ Lodging Trust (RLJ) initiated with an Outperform at Credit Suisse... Regency Centers (REG) initiated with a Neutral at Credit Suisse... Ryerson (RYI) initiated with a Buy at Deutsche Bank... SL Green Realty (SLG) initiated with an Underperform at Credit Suisse... Simon Property (SPG) initiated with an Outperform at Credit Suisse... Strategic Hotels (BEE) initiated with a Neutral at Credit Suisse... Sunstone Hotel (SHO) initiated with an Outperform at Credit Suisse... Taubman Centers (TCO) initiated with an Outperform at Credit Suisse... UDR, Inc. (UDR) initiated with a Neutral at Credit Suisse... VWR (VWR) initiated with a Neutral at Citigroup... VeriFone (PAY) initiated with a Buy at Topeka... Visa (V) initiated with a Hold at Topeka... Vornado (VNO) initiated with a Neutral at Credit Suisse... Westfield Financial (WFD) initiated with a Buy at Compass Point... XPO Logistics (XPO) initiated with an Outperform at Cowen.
07:48 EDTIBMWells Fargo to hold a conference
5th Annual Technology, Media & Telecom Conference is being held in New York on November 12-13.
07:13 EDTIBMIBM data solutions selected by Kenya Power
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06:20 EDTNTAPNetApp initiated with a Buy at Maxim
Target $55.
06:03 EDTIBMAcacia Research enters into settlement and patent license agreement with IBM
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