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Stock Market & Financial Investment News

News Breaks
June 13, 2014
10:37 EDTWDC, HPQ, STX, INTC, MSFTPC names climb following positive Intel preannouncement
Shares of a number of companies that benefit from higher PC sales are rising after Intel (INTC) raised its guidance, citing strong demand for business PCs. WHAT'S NEW: Last night chip maker Intel said that it now expects some revenue growth this fiscal year, versus its previous guidance for "mostly flat" revenue growth. Intel now expects its revenue to be $13.7B, plus or minus $300M, in the second quarter, as compared to its previous range of $12.5B-$13.5B. Additionally, the company said that its full-year gross profit margins would be in the upper half of the previous range of 61%, plus or minus a few percentage points. The higher revenue growth guidance was driven mostly by strong demand for business PCs, while the increased margin guidance was spurred mostly by expected increases in unit sales and reduced costs, Intel reported. ANALYST REACTION: Several research firms reacted positively to the news, with Morgan Stanley upgrading the shares to Equal Weight from Underweight, Roth Capital raising its rating to Buy from Neutral, and Drexel Hamilton upping its rating to Buy from Hold. Several firms also increased their price targets on Intel. PRICE ACTION: In early trading, Hewlett-Packard (HPQ) rose 4%, Microsoft (MSFT) advanced 2%, and hard disk drive makers Seagate (STX) and Western Digital (WDC) advanced 2% and 3%, respectively. Intel gained 6.76% to $29.85.
News For INTC;HPQ;MSFT;STX;WDC From The Last 14 Days
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June 25, 2015
09:34 EDTINTCActive equity options trading on open
Active equity options trading on open: AAPL FB NFLX AMZN BAC CVX TWTR INTC GILD BBBY
06:31 EDTMSFTMicrosoft focusing on increasing smartphone sales in India, WSJ reports
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June 24, 2015
18:16 EDTMSFTGoogle, GE, Airbus lead in sheer number of meetings with EU officials
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17:57 EDTINTCWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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11:01 EDTINTCHoneywell and Intel to collaborate for Internet of Things security
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10:36 EDTMSFTElectronic Arts advances after analysts positive on E3 showing
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09:35 EDTINTC, MSFTActive equity options trading on open
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06:07 EDTMSFTJefferies says PC market to stay 'lower for longer'
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June 23, 2015
12:54 EDTSTX, INTC, WDC, HPQ, MSFTPC concerns weighing on shares of Seagate, Western Digital
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10:00 EDTWDCOn The Fly: Analyst Downgrade Summary
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07:41 EDTINTCRed Hat to hold a summit
Red Hat Summit 2015 is being held in Boston on June 23-26 with webcasted company presentations to begin on June 23 at 4 pm; not all presentations may be webcasted. Webcast Link
06:25 EDTSTX, WDCWestern Digital downgraded to Neutral from Overweight at JPMorgan
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06:05 EDTINTCIntel pushing into SSD market and hope to surpass Samsung in 2016, DigiTimes says
Intel (INTC) is looking to push into the SSD market with its newest 750 series SSDs with technology able to enhance the transmission speed, reports DigiTimes. According to sources from the upstream supply chain, the company is also offering price cuts on its existing products in order to narrow its gap with the largest vendor Samsung (SSNLF). Sources also expect Intel to draw near to Samsung in 2H15 and may even have a chance to surpass Samsung in 2016. Reference Link
06:05 EDTMSFTMicrosoft may charge extra licensing fees for high-end notebooks, DigiTimes says
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06:05 EDTINTC, MSFT, HPQNo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
06:04 EDTMSFTOracle says extending enterprise cloud portfolio
At a live event yesterday, Oracle (ORCL) Executive Chairman of the Board and CTO Larry Ellison announced new additions to the Oracle Cloud Platform, a comprehensive, integrated suite of services that make it easier for developers, IT professionals, business users and analysts to build, extend and integrate cloud applications. With more than 24 new cloud services, the Oracle Cloud Platform "extends Oracle's leadership with the world's broadest and deepest portfolio" of SaaS, PaaS and IaaS. Newly available Oracle Cloud services include, Oracle Database Cloud - Exadata, Oracle Archive Storage Cloud, Oracle Big Data Cloud, Oracle Integration Cloud, Oracle Mobile Cloud, and Oracle Process Cloud. The Oracle Cloud Platform helps customers build new applications, extend existing ones, and easily move existing on-premises workloads to the cloud with no application changes. The services are designed to maximize end user experience and productivity; enable developers to manage and analyze data, rapidly develop, test and deploy applications; enable architects to quickly integrate across on-premises and cloud applications; and enable business users to drive rich business insights and enterprise collaboration. With the Oracle Cloud Platform, customers and partners are able to take advantage of the industry-leading Oracle middleware and database software that thousands of global organizations already use to run their own businesses, all delivered via cloud. The extensive level of automation that has been engineered into the Oracle Cloud, results in faster time-to-value, greater innovation, and lower cost for customers. "Oracle is growing really fast. We sold $426M worth of business in SaaS and PaaS last quarter, a 200 percent increase over the same quarter last year. That's an industry record, no company has ever sold that much in just one quarter," said Ellison. "Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier (AMZN) and it's one-tenth their price."
05:56 EDTMSFTEarnings Watch: Analyst says BlackBerry's FY16 targets looking 'unttainable'
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June 22, 2015
14:42 EDTMSFTOculus potential not reflected in Facebook's stock price, Piper Jaffray says
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09:40 EDTINTCActive equity options trading on open
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08:35 EDTINTCKopin divests interest in Recon Instruments
Kopin (KOPN) said it had divested its equity interest in Recon Instruments as part of Intel Corporationís (INTC) acquisition of Recon. Kopin anticipates that it will receive approximately $6M in cash proceeds for its equity interest, subject to certain closing conditions including a working capital adjustment.
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