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Stock Market & Financial Investment News

News For JBL;ARRS;GOOG;NYX;ICE;SD;ACN;BBBY;FOLD;GSK;MDRX From The Last 14 Days
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August 25, 2015
13:13 EDTGOOGGerman court rejects Apple 'slide to unlock' patent appeal, Reuters says
The German Federal Court of Appeals has ruled that Apple's (AAPL) patents covering its "slide to unlock" smartphone feature are invalid, reports Reuters. The patent dispute was originally filed by Motorola Mobility, previously owned by Google (GOOG) but now a unit of Lenovo (LNVGY), according to the report. Reference Link
09:13 EDTGOOGTrends still positive for Google, Amazon, Facebook ahead of holidays, says Baird
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06:26 EDTGOOGGoogle's Nest Labs developing new 'wireless device,' Business Insider reports
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06:18 EDTGOOGNetflix to add properties focused on teens and 'tweens,' NYT reports
Netflix (NFLX) will add a number of exclusive films and television programs focused on teenagers and "tweens," the New York Times reports. Some of the properties recently licensed by the streaming service include "Smosh: The Movie" from the creators of the YouTube (GOOG) channel of the same name and "Bad Night" featuring YouTube stars Jenn McAllister and Lauren Luthringshausen, the report says.
06:06 EDTGOOGStocks with implied volatility below IV index mean; S GOOG
Stocks with implied volatility below IV index mean; Sprint (S) 77, Google (GOOG) 41 according to iVolatility.
August 24, 2015
19:10 EDTGOOGEU requests additional comments on Google anti-trust practices, Register says
After sending questionnaires to Google's competitors and customers earlier in the year, the European Commission has again sent out questionnaires asking for input on the company's potentially anti-competitive practices, reports the Register, citing a source close the Commission investigation. Reference Link
18:19 EDTGOOGAmazon hardware executive takes job at Google, Re/code says
Jon McCormack, CTO of Amazon's (AMZN) Devices unit, has left the company for the second time in one year to work in Google's (GOOG) Advanced Technologies and Products, or ATAP, arm, Re/code reported earlier. The report adds that one of ATAP's projects is the modular smartphone concept "Ara," which recently targeted a 2016 U.S. launch. Reference Link
13:15 EDTGSKFDA expands use of Novartis' Promacta to include children ages 1 and older
Ligand Pharmaceuticals (LGND) announced that the FDA has approved an expanded use for Promacta, a Novartis (NVS) product, to include children 1 year of age and older with chronic immune thrombocytopenia who have had an insufficient response to corticosteroids, immunoglobulins or splenectomy. Promacta was acquired by Novartis in March from GlaxoSmithKline (GSK). Promacta was discovered as a result of research collaboration between GSK and Ligand Pharmaceuticals and was developed by GSK. The updated label also includes a new oral suspension formulation of Promacta that is designed for younger children who may not be able to swallow tablets. Promacta was approved by the FDA as a tablet formulation in June 2015 for children 6 years of age and older and in 2008 for use in adult patients with the same condition. The label expansion of Promacta was based on data from two double-blind, placebo-controlled trials, including the largest Phase 3 clinical trial in this patient population. Treatment with Promacta significantly increased and sustained platelet counts among pediatric patients with chronic ITP with an insufficient response to prior chronic ITP therapies, and some patients taking concomitant ITP medications were able to reduce or discontinue their use of these medications, primarily corticosteroids. Promacta should be used only in those whose degree of thrombocytopenia and clinical condition increase the risk for bleeding.
10:54 EDTGOOGGoogle volatility increases on wide price movement
Google August weekly call option implied volatility is at 52, September is at 36; compared to its 52-week range of 16 to 39 suggesting larger near term price movement.
09:45 EDTMDRXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
08:17 EDTMDRXAllscripts upgraded on new order growth, valuation at Argus
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07:37 EDTMDRXAllscripts upgraded to Buy from Hold at Argus
06:45 EDTGOOGMost of Google Now dev team left company before I/O conference, Re/code says
Most of the original team that built Google Now have departed, many of them before the I/O developer conference, Re/code reports, citing multiple sources. Many had grown frustrated with that the products was shuttered into search inside of Google, the report says. Reference Link
06:34 EDTGOOGIntel leads $100M funding round for Mirantis, WSJ reports
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06:27 EDTGOOGRoku tops Google in streaming media device sales, Parks Associates says
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05:57 EDTGOOGStocks with implied volatility below IV index mean; BIDU GOOG
Stocks with implied volatility below IV index mean; Baidu (BIDU) 41, Google (GOOG) 31 according to iVolatility.
August 23, 2015
16:57 EDTGOOGGoogle Express workers join Teamsters union in face of 'constant harassment'
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15:30 EDTICEAmerican stock exchanges to ramp up anti-spoofing efforts, NY Post says
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August 21, 2015
17:40 EDTGOOGEU intensifies Google antitrust investigation, WSJ reports
The European Union is deepening its probe into allegations that Google abuses its dominance in advertising contracts with website operators and copies content from its competitors, the Wall Street Journal reports. Reference Link
13:50 EDTGOOGOn The Fly: Weekly technical notes, Gold, S&P 500, Germany, China, Energy
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