News Breaks |
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| September 7, 2012 |
| 12:13 EDT |  | INTC, AAPL, ADNC, P, SWHC, GMCR | On The Fly: Midday Wrap
Stocks on Wall Street were mixed at midday in spite of a disappointing monthly jobs report and a guidance cut from tech bellwether Intel (INTC). Stock began the session close to the flat line and remained there throughout the morning. The market action was muted despite less jobs being created in August than expected. The fact the market has held its value today may be related to expectations that the worse than expected jobs data will more certainly prompt Fed action. The week, which was viewed as a critical one given the potential importance of the ECB meeting and jobs data, is set to end with markets higher if the averages hold their midday levels... ECONOMIC EVENTS: In the U.S. the monthly jobs report showed the economy added 96,000 jobs in August, versus expectations of an increase of 130,000. The unemployment rate fell to 8.1% from 8.3% last month, though that was largely due to the labor force shrinking by 367,000 as people stop searching for work... COMPANY NEWS: Shares of Intel fell 84c, or 3.35%, to $24.25 near noon after the company lowered its Q3 revenue outlook and withdrew all other quarterly and full year expectations, citing weaker than expected demand in what it called "a challenging macroeconomic environment"... MAJOR MOVERS: Among the notable gainers were Smith & Wesson (SWHC), up 14% following the company's better than expected Q1 results and increased guidance, and Green Mountain Coffee Roasters (GMCR), up over 10% after Lazard initiated coverage on the stock with a Buy rating and $39 price target. Among the noteworthy losers were two names that confirmed the overwhelming power of Apple (AAPL) on its suppliers and potential competitors: Audience (ADNC) plunged 68% after the company said it would not be included in the iPhone 5 and Pandora (P) slid nearly 19% after the Wall Street Journal reported Apple may offer a competing music service... INDICES: Near noon, the Dow was down 7.62, or 0.06%, to 13,284.38; the Nasdaq was down 1.59, or 0.05%, to 3,134.22; and the S&P 500 was up 3.62, or 0.25%, to 1,435.74. |
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News For INTC;AAPL;ADNC;P;SWHC;GMCR From The Last 14 Days Check below for free stories on INTC;AAPL;ADNC;P;SWHC;GMCR the last two weeks. |
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| May 17, 2013 |
| 16:00 EDT |  | AAPL | Options Update; May 17, 2013
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| 12:13 EDT |  | AAPL | Samsung says S4 sales to reach 10M next week, Korea Times says
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| 12:01 EDT | | AAPL | iPad mini panel shipments from AUO expected to drop this quarter, DigiTimes says
AU Optronics' (AUO) shipments of panels for Apple's (AAPL) iPad minis are expected to sink to 2.5M-2.8M in Q2 from 4M in the first quarter, Taiwan-based supply chain sources stated, according to DigiTimes. Reference Link |
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| 11:05 EDT | | AAPL | Apple devices approves for use on U.S. military networks, Bloomberg says
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| 10:07 EDT |  | P | On The Fly: Analyst Initiation Summary
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| 10:07 EDT |  | P | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities. |
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| 09:57 EDT |  | AAPL | Apple devices approved for use by Pentagon, Bloomberg reports
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| 09:37 EDT | | AAPL | Active equity option families trading on open
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| 09:22 EDT | | P | Pandora downgraded to Hold from Buy at Maxim
Maxim downgraded Pandora based on valuation. |
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| 07:30 EDT | | P | Pandora initiated with a Sell at MKM Partners
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| 07:11 EDT | | AAPL | Apple to suggest tax reform for offshore cash, Bloomberg reports
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| 06:43 EDT | | AAPL | Apple disputing government's e-book allegations, NY Times says
Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link |
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| 06:12 EDT | | AAPL | Apple losing its edge as innovator, poll shows, Bloomberg reports
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| 06:06 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports. |
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| May 16, 2013 |
| 14:01 EDT | | AAPL | Options Update; May 16, 2013
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| 13:42 EDT |  | GMCR | Green Mountain price target raised to $92 from $63 at Argus
Argus raised Green Mountain's price target citing the strong Q2 report. |
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| 13:40 EDT | | INTC | Intel CFO Smith says staying with the company, CNBC reports
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| 13:05 EDT | | AAPL | Spending on Apple, Android video games jumped in Q1, AllThingsD says
In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link |
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| 10:20 EDT |  | AAPL | Apple reverses sharply higher after breaking below $420
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| 10:03 EDT | | AAPL | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen. |
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