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Stock Market & Financial Investment News

News Breaks
February 24, 2014
07:33 EDTINTC, FEYEHead of security at Intel says FireEye CEO wrong about antivirus, FT says
Michael DeCesare, President of Intel Security (INTC), believes the large existing players like his company will dominate the fast-growing sector, despite vocal critiques from newer industry players, particularly FireEye (FEYE) CEO David De Walt, that the antivirus industry is dead, reported Financial Times. Reference Link
News For INTC;FEYE From The Last 14 Days
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March 27, 2015
16:23 EDTINTCOn The Fly: Closing Wrap
Stocks opened slightly higher but were unable to gather any upside momentum. They quickly crossed into negative territory but never really picked up speed to the downside. After the slightly better than expected consumer confidence reading, the averages moved back into positive ground where they spent most of the session hovering near the flat line. Near the close, comments by Fed Chair Janet Yellen that an interest rate hike "may be warranted later this year," lifted the averages into positive territory. ECONOMIC EVENTS: In the U.S., real GDP growth was steady at 2.2% in Q4, falling below consensus forecasts for 2.4% growth. GDP price index grew 0.1% on a linked quarter basis, matching expectations. U.S. consumer sentiment fell to 93.0 against consensus of 92.1. The current conditions index dipped to 105.0 from February's 106.9, while the consumer expectations index dropped to 85.3 from 88.0. COMPANY NEWS: Dow Chemical (DOW) and Olin (OLN) were up 3% and 14%, respectively, after announcing that Dow will separate much of its chlorine value chain and merge the entity with Olin in a $5B deal. Additionally, the companies announced a 20-year arrangement in which Dow will supply Olin with ethylene. Late in the session, the Wall Street Journal reported that Intel (INTC) was in talks to acquire Altera (ALTR), sending both stocks higher by 6% and 28%, respectively. MAJOR MOVERS: Among the notable gainers was Carnival (CCL), which rose over 6% after beating earnings expectations and raising FY15 revenue yield guidance. Also higher was BioMarin (BMRN), jumping 11% after speculation of a Shire (SHPG) takeover deal. Among the noteworthy losers was Southern Cooper (SCCO), which fell nearly 4% after the company cancelled its Tia Maria mining project. Also lower was OvaScience (OVAS), down 10% after Oppenheimer reported pushback from academics during the company's presentation of early Augment data. Opco cautioned, however, that criticism of non-trial data is "inevitable" and JMP Securities called the results encouraging. INDEXES: The Dow rose 34.43, or 0.19%, to 17,712.66, the Nasdaq gained 27.86, or 0.57%, to 4,891.22, and the S&P 500 added 4.87, or 0.24%, to 2,061.02.
15:48 EDTINTC Altera calls active on Intel in talks to buy report
Altera (ALTR) April 36 and 37 calls are active after DJ reported Intel (INTC) is in acquisition talks. April call option implied volatility is at 55, May is at 34; compared to its 26-week average of 26 according to Track Data. Active call volume suggests traders taking positions for upside price movement.
15:47 EDTINTCAltera up 22% after WSJ reports Intel in acquisition talks
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15:44 EDTINTCIntel in talks to buy Altera, WSJ reports
Intel (INTC) is in talks to acquire Altera (ALTR) in what would be Intel's largest deal ever, according to the Wall Street Journal, which added that terms of the deal and timing couldn't be learned. Reference Link
15:38 EDTINTCAltera up 12.5% after DJ reports Intel in acquisition talks
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15:36 EDTINTCIntel in talks to buy Altera, DJ reports
10:03 EDTFEYEOn The Fly: Analyst Initiation Summary
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06:08 EDTINTCMicron, Intel unveil new 3D NAND flash memory
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05:57 EDTINTCMicrosoft to push 2 inexpensive notebooks in mid-2015, DigiTimes says
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March 26, 2015
16:52 EDTFEYEFireEye initiated with a Market Perform at Raymond James
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08:26 EDTINTCSemi stocks less likely to rebound now than in 4Q14, says Goldman
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06:05 EDTINTCIntel to partner with notebook makers for Chromebook 2-in-1s, DigiTimes says
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March 24, 2015
09:37 EDTINTCHouse Energy & Commerce Committee to hold a hearing
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March 22, 2015
16:42 EDTINTCChip equipment slowdown may not be as bad as first thought, WSJ says
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March 20, 2015
15:40 EDTFEYEMore cybersecurity firms to come public amid high market demand, Reuters says
With shares of publicly traded cybersecurity companies having recently outperformed the market, a number of privately-held IT security names, including Rapid7, LogRythm and Mimecast, plan to go public in 2015 amid the high level of investor interest, said Reuters, citing people familiar with the matter. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
07:24 EDTINTCBroadcom chip renews competition with in-house hardware makers, WSJ says
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March 19, 2015
10:46 EDTINTCChinese firms using IBM technology in server chips, WSJ says
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09:02 EDTINTCIntel, Google, TAG Heuer announce Swiss smartwatch collaboration
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08:45 EDTFEYEHouse Permanent Select Committee on Intelligence to hold a hearing
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08:40 EDTINTCIntel Capital in talks to invest in Indian streaming service, TechCrunch says
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