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Stock Market & Financial Investment News

News For KMB;JAH;V;CLX;ACTV;IBM;DELL;FB;T;INTC;KO;MA;YHOO From The Last 14 Days
Check below for free stories on KMB;JAH;V;CLX;ACTV;IBM;DELL;FB;T;INTC;KO;MA;YHOO the last two weeks.
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June 12, 2013
13:33 EDTFBFacebook introduces hashtags
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13:25 EDTIBMIBM starts U.S. job cuts, Bloomberg says
IBM began cutting U.S. jobs today as part of a $1B plan, announced in April, to trim its global workforce, reports Bloomberg, citing a person familiar with the move. Reference Link
11:51 EDTIBMIBM heading for test of $200 area, levels to watch
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07:45 EDTINTCTime Warner Cable offers incentives to discourage web TV, Bloomberg says
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07:42 EDTTThe Brookings Institution to host a discussion on promoting mobile technology
Randall Stephenson, Chairman and CEO of ATT, joins Sen. Mark Pryor (D-AR) in a panel discussion on ways the government and private industry can work together to accelerate the mobile tech revolution at Brookings in Washington, D.C. on June 12 at 10 am. Webcast Link
06:14 EDTFBU.S. tech firms demand government transparency on security, Reutters reports
Three major U.S. Internet companies --Google (GOOG), Microsoft (MSFT) and Facebook (FB)-- called on the U.S. government to provide greater transparency on national security requests, as they sought to distance themselves from reports that portrayed the companies as willing partners in supplying mass user data to security agencies, reports Reuters.Reference Link
05:51 EDTIBMAmazon, IBM battle over $600M CIA contract, WSJ reports
The fight between IBM (IBM) and Amazon.com (AMZN) over a $600M contract to set up a cloud-computing system for the Central Intelligence Agency shows the growing importance of intelligence-agency business for technology companies, reports the Wall Street Journal. Reference Link
June 11, 2013
16:00 EDTINTCOptions Update; June 11, 2013
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14:30 EDTFBFacebook CEO 'disappointed' in stock performance
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09:55 EDTKOCoca-Cola Enterprises falls after highlighting 'challenging' conditions
Shares of bottling company beverage distributor Coca-Cola Enterprises (CCE) are sinking after the company indicated this morning that its operating conditions have been more challenging than expected. WHAT'S NEW: Coca-Cola Enterprises stated that it has faced several challenges in 2013, including macroeconomic weakness, poor weather, strong competition in the U.K., and a tax increase in France. Some of the challenges have been more persistent than expected, and they have impacted the outlook for the company's second quarter results, Coca-Cola Enterprises added. The company said it expects some of these challenges to diminish later in the year. TODAY'S PRICE ACTION: In early trading, Coca-Cola Enterprises fell $1.05, or 2.8%, to $36.10. OTHERS TO WATCH: Other soda companies also fell, with Coca Cola (KO) declining 1.7% to $40.50, PepsiCo (PEP) giving back 1.2% to $81.85, and Dr. Pepper Snapple (DPS) losing 1.4% to $46.40.
09:01 EDTKMBKimberly Clark awarded three healthcare alliance agreements
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07:38 EDTDELLOracle's Hurd has 'no interest' in taking over as Dell CEO, AllThingsD says
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07:27 EDTMA, VCommercial Payments International to host a conference
EMEA Middle Market Conference 2013 is being held in London, England on June 11.
06:24 EDTINTCIntel may step out of brand esrver motherboard business, DigiTimes says
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June 10, 2013
14:01 EDTINTCApple announces updated MacBook Air
Apple (AAPL) announced its updated MacBook Air with all day battery life, fourth generation Intel (INTC) Core processors with faster graphics, 802.11ac Wi-Fi and flash storage that is up to 45% faster than the previous generation. The notebook is now an even better value, with 11-inch models featuring double the storage and 13-inch models starting at a new lower price of $1,099. Apple also introduced completely redesigned AirPort Extreme and AirPort Time Capsule base stations featuring 802.11ac Wi-Fi for up to three times faster performance. The thin and light design features dual microphones, a FaceTime HD camera, a high-speed Thunderbolt port and two USB 3.0 ports. MacBook Air also supports dual displays and video mirroring while simultaneously supporting full native resolution on the built-in display. MacBook Air ships with OS X(R) Mountain Lion. MacBook Air is available immediately through the Apple Online Store, Apple's retail stores and Apple Authorized Resellers. The 11-inch MacBook Air comes with a 1.3 GHz processor with Turbo Boost speeds up to 2.6 GHz, 4GB of memory and is available with 128GB of flash storage starting at $999, and 256GB of flash storage starting at $1,199. The 13-inch MacBook Air comes with a 1.3 GHz processor with Turbo Boost speeds up to 2.6 GHz, 4GB of memory and is available with 128GB of flash storage starting at $1,099, and 256GB of flash storage starting at $1,299.
13:53 EDTINTCApple confirms use of Intel 'Haswell' chips in new Macbook Air line
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13:11 EDTINTCAnalyst says Apple to update iMac with Intel chip, Inquirer says
According to KGI Securities analyst, Ming-Chi Kuo, Apple (AAPL) will update its iMac line to use Intel (INTC) Haswell processors by July, reports the Inquirer. Reference Link
12:11 EDTFBOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14.
11:09 EDTTAT&T shares rise following upgrade, levels to watch
Shares are up over 1.4% to $35.96 following an upgrade earlier this morning at Argus to Buy, with a $42 price target. The firm cited relative valuation and long-term growth of 5% as reasons for the recommendation change. At current price, next resistance is at $36.54, and then at $37.70. Support is at $35.66, the 10-day moving average.
11:01 EDTINTCIntel trades higher, levels to watch
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