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Stock Market & Financial Investment News

News Breaks
February 1, 2013
07:33 EDTIBM, SPLK, NTAPIBM 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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May 20, 2015
13:37 EDTNTAPEarnings Watch: Analysts concerned with competition hurting NetApp results
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10:00 EDTSPLKOn The Fly: Analyst Upgrade Summary
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08:27 EDTIBMIBM unit sale to Lenovo raises saftey concerns for Navy, WSJ reports
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08:16 EDTSPLKSplunk Q1 revenue likely to beat expectations, says Oppenheimer
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07:09 EDTSPLKSplunk upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Splunk to Outperform with a $87 price target based on efforts to expand new customer adoption and the application layer. The firm said Splunk has provided increased flexibility in the product evaluation phase, which should improve new customer adoption, and extended efforts to build full solutions in the application layer. Macquarie also believes Splunk could emerge as a winner in Big Data analytics, resulting in new customer wins.
05:57 EDTIBMSAP CEO says Salesforce unlikely to be acquired, Reuters reports
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May 19, 2015
15:38 EDTNTAPNetApp May volatility elevated into Q4 and outlook
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13:05 EDTIBMSalesforce deal talks may have 'died down,' dealReporter says
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09:03 EDTIBMIBM and United Business Group partner to accelerate hybrid cloud adoption
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07:41 EDTNTAPNetApp May volatility elevated into Q4 and outlook
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07:34 EDTIBMIBM invests in WayBlazer and Sellpoints
IBM announced two new investments in WayBlazer and Sellpoints to advance online travel and shopping apps powered by Watson. The announcement is part of IBM's $100M commitment to drive new innovations and business solutions that build on Watson and follows the company's recent investments in Modernizing Medicine and Pathway Genomics. The financial terms of IBM's investments were not disclosed.
May 18, 2015
12:00 EDTSPLKSplunk selloff following CTO change unwarranted, says Cantor
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08:07 EDTSPLKSplunk appoints Snehal Antani as Chief Technology Officer
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07:27 EDTIBMJPMorgan to hold a conference
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May 15, 2015
16:32 EDTIBMBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
May 14, 2015
06:24 EDTNTAPCiti expects 'lukewarm' Q4 results from NetApp
Citigroup expects NetApp to report "lukewarm" Q4 results on Wednesday amid "soft" underlying storage demand and "modest" currency pressure. The company's sales and earnings are likely to be in-line to a slight miss relative to consensus, Citi believes. The firm says that while the stock's valuation "looks interesting," it keeps a Neutral rating on the name with a $39 price target.
May 13, 2015
09:03 EDTIBMIBM partners with Teleflora for large florists network
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May 11, 2015
09:59 EDTNTAPOn The Fly: Analyst Downgrade Summary
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07:29 EDTNTAPNetApp cut to sell on competition concerns at Pacific Crest
Pacific Crest downgraded NetApp (NTAP) to Underperform from Sector Perform saying the company's competitive threats are likely to increase this summer with new storage appliances from Nimble (NBML), Pure, Nutanix, Solidfire and Tintri as well as Amazon entering the Cloud network-attached storage space. The assigns a fair value target of $32 for shares. NetApp closed Friday up 8c to $35.65.
06:34 EDTNTAPNetApp downgraded to Underperform from Sector Perform at Pacific Crest
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