New User:

-or-
Username:
Password:
Forgot your password?

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.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | all recent news | >>
July 23, 2014
18:34 EDTFB, TOn The Fly: After Hours Movers
UP AFTER EARNINGS: Fortinet (FTNT), up 7.8%... Hanesbrands (HBI), up 5.4%... 8x8 (EGHT), up 5.1%... Infinera (INFN), up 4.9%... Facebook (FB), reverses and is now trading up 5.1% following second quarter earnings conference call. NOTABLE: Twitter (TWTR), up 1.7%, LinkedIn (LNKD), up marginally, and Yelp (YELP), up 1.6% after Facebook reports second quarter results. ALSO HIGHER: Spectranetics (SPNC), up 7.1% after receiving FDA clearance for atherectomy products, Turbo-Tandem and Turbo Elite... Ariad Pharmaceuticals (ARIA), up 7.1%... Jamba (JMBA), up 3.8% after Engaged Capital reports stake in the company and announced that they had discussions with management. DOWN AFTER EARNINGS: AT&T (T), down 1.2%... Angie's List (ANGI), down 16.4%... Tripadvisor (TRIP), down 11.5%... Orchids Paper (TIS), down 7.4%... Cirrus Logic (CRUS), down 6.6%... Cliffs Natural (CLF), down 1.2%... Teradyne (TER), down 4%. ALSO LOWER: Kandi Technologies (KNDI), down 3.8% after being mentioned negatively in a Seeking Alpha blog post.
18:03 EDTFBFacebook CEO says expects to 'invest heavily' in company priorities
17:53 EDTFBFacebook CEO says focused on quality in roll-out of video ads
Subscribe for More Information
17:42 EDTFBFacebook up over 5% as executives speak on Q2 conference call
Subscribe for More Information
17:38 EDTFBFacebook CEO says 'Search is going to be a multi-year voyage'
17:35 EDTFBFacebook says push into 'commerce', payments is supplemental to advertising
Payments plans are mostly through partnerships. Also, the company noted it wants to streamline the process of buying from Facebook's customers, citing testing for "buy button." Comments made on Q2 earnings conference call.
17:22 EDTFBFacebook sees increased stock-based compensation expense in FY15
Subscribe for More Information
17:20 EDTFBFacebook says Q2 price per ad up 123%
Subscribe for More Information
17:09 EDTFBFacebook CEO says mobile advertising now 62% of total ad revenue
Subscribe for More Information
16:24 EDTFBFacebook COO says now has 1.5M active advertisers, CNBC reports
16:09 EDTFBFacebook shares drop 1% to $70.60 following Q2 results
Subscribe for More Information
16:09 EDTFBFacebook says mobile ad revenue represented 62% of ad revenue
Subscribe for More Information
16:08 EDTTAT&T reports Q2 wireless revenue up 3.7% versus the year-ago quarter
Subscribe for More Information
16:08 EDTFBFacebook reports mobile daily active users up 31% year-over-year
Facebook reports daily active users 829M on average for June 2014, an increase of 19% year-over-year. Mobile DAUs were 654M on average for June 2014, an increase of 39% year-over-year. Monthly active users were 1.32B as of June 30, 2014, an increase of 14% year-over-year. Mobile MAUs were 1.07B as of June 30, 2014, an increase of 31% year-over-year.
16:06 EDTFBFacebook reports Q2 EPS 42c, consensus 32c
Reports Q2 revenue $2.9B, consensus $2.81B.
16:04 EDTTAT&T sees FY14 EPS growth at low end of mid-single digit range, consensus $2.62
Sees FY14 consolidated revenue growth in the 5% range, consensus $133.93B. Sees FY14 free cash flow in the $11B range. Sees FY14 capital expenditures remaining in the $21B range.
16:02 EDTTAT&T reports Q2 EPS 62c, consensus 63c
Subscribe for More Information
16:00 EDTFBOptions Update; July 23, 2014
iPath S&P 500 VIX Short-Term Futures up 23c to 28.17. Option volume leaders: AAPL FB C GILD MSFT PBR NFLX AMZN TWTR TSLA according to Track Data
15:52 EDTKOWintergreen outlines steps to 'revitalize' Coca-Cola
Citing persistent weakness in revenue and net income at The Coca-Cola Company, Wintergreen Advisers presented an eleven-point plan to revitalize the company. The Wintergreen plan was shared in early July with Coca-Cola’s largest shareholders and is available today to the public on a new website, www.FixBigSoda.com, devoted to sharing information on improving Coke’s governance and business performance. Wintergreen recommends that Coca-Cola cut costs, improve margins and step up the pace of bottler refranchising to significantly improve operating results. Wintergreen’s plan also calls for Coca-Cola to strengthen its corporate governance, improve disclosure, separate the roles of chairman and CEO and create a strong and independent Board of Directors. David Winters, CEO of Wintergreen Advisers, said: “Coca-Cola’s lackluster second quarter earnings report underscores the need for urgent action. If the current board of directors and management team are unwilling or unable to get Coca-Cola back on the path of profitable and organic growth that accrues to all shareholders, they should be replaced. Coca-Cola and its shareholders deserve nothing less.”
15:30 EDTT, FBNotable companies reporting after market close
Subscribe for More Information
15:10 EDTTAT&T jv near purchase of majority stake in Fullscreen, Re/code reports
Otter Media, the joint venture between AT&T and the Chernin Group, is near a deal to buy a majority stake in YouTube network Fullscreen that will value the company at between $200M-$300M, according to Re/code, citing sources. Reference Link
14:58 EDTYHOOYahoo speculated as target for Alibaba, Softbank, Forbes contributor says
Forbes contributor Eric Jackson contends that after he previously published an article which wondered if Yahoo (YHOO) could be a takeover target and after "chatting with a large Yahoo shareholder," he now believes the most likely outcome is that either Alibaba (BABA) or SoftBank (SFTBF) buys Yahoo. Reference Link
13:48 EDTTEarnings Preview: AT&T sentiment mixed ahead of Q2 report
Subscribe for More Information
13:23 EDTFBFacebook July weekly 70.5 straddle priced for 7% move into Q2
13:06 EDTFBEarnings Preview: Analysts expect Facebook to beat Q2 estimates
Subscribe for More Information
12:43 EDTFBFacebook technical comments ahead of results
The shares have outperformed in the last three months, trading up over 14% in that period to date. The trading range has been wide, with the $55 area at the low and $69 at the high as of yesterday's close. At the current price of $70.99 the stock is trading close to its life high at $72.59. On better news or guidance, that level would be the initial high to test. On a breakout given that there is no resistance overhead, a move to $75 and then to $80 would be possible. A caution for traders is that if news disappoints there is a very small short-base in the name. That could make a downside reaction stronger in the absence of buy-to-cover pressure. Similarly there is little in the way of demand for a short-squeeze either on good news. If news does disappoint a key level on the downside is at $64. This has been both resistance and support over the last three months. The $62 level has had a similar role as big support. It would likely take a major disappointment to break it. If that were to happen, the $60 level would be a next potential objective.
11:33 EDTINTCSamsung Ventures invests in BlueStacks, Business Insider reports
Subscribe for More Information
10:02 EDTKMBOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:41 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NFLX FB MSFT CELG TWTR TSLA VALE CNW
07:58 EDTFBFacebook July weekly volatility increases to 108 into Q2 and outlook
Subscribe for More Information
06:56 EDTFBNY court calls Facebook CEO to testify at forgery trial, Reuters says
Subscribe for More Information
06:48 EDTKMBKimberly Clark upgraded to Equal Weight from Underweight at Barclays
Barclays upgraded Kimberly-Clark to Equal Weight based on stronger core growth and relative valuation. Price target raised to $110 from $99.
06:01 EDTINTCStocks with implied volatility below IV index mean; INTC SHPG
Stocks with implied volatility below IV index mean; Intel (INTC) 18, Shire (SHPG) 19 according to iVolatility.
July 22, 2014
17:31 EDTIBMApple sees business as a catalyst for iPad sales
Subscribe for More Information
16:36 EDTKOOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTFBOptions Update; July 22, 2014
Subscribe for More Information
14:47 EDTVVisa July weekly volatility elevated into Q3 and growth outlook
Visa July weekly call option implied volatility is at 39, August is at 20, September is at 17, December is at 16; compared to its 26-week average of 22 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on July 24.
14:05 EDTFBFacebook enhances mobile targeting for developers
Subscribe for More Information
13:18 EDTIBMEarnings Preview: Apple reports after stock split, Beats purchase, iOS 8 launch
Apple (AAPL) is set to report third quarter earnings after the market close on Tuesday, July 22, with a conference call scheduled for 5:00 pm ET. Apple, the world's most valuable company by market capitalization, is the manufacturer of the iPhone and iPad, among other desktop and mobile computing devices. EXPECTATIONS: Analysts are looking for earnings per share of $1.23 on revenue of $37.99B, according to First Call. The consensus range for EPS is $1.14-$1.37 on revenue of $36.58B-$40.31B. In a note to investors, Piper Jaffray analyst Gene Munster said Street analysts expect year-over-year iPhone sales growth of 14% to 35M-36M units, flat iPad sales of 14M-15M units, and a Q3 gross margin of 38%. Munster added that he expects Apple to guide Q4 revenues to $39B-$41B, which is in keeping with Street estimates for about $40.4B in Q4 revenue. LAST QUARTER: Apple reported second quarter EPS of $11.62 on revenue of $45.6B, which topped estimates for $10.18 and $43.5B, respectively. Apple reported iPhones sales of 43.7M units, iPad sales of 16.35M units and Mac sales of 4.14M. Apple said it sees Q3 revenue of $36B-$38B and a gross margin of 37%-38%. Along with its Q2 report, Apple announced a seven-for-one stock split. Apple also announced that its board raised its share repurchase authorization to $90B from the $60B level announced last year and an increase to the company’s quarterly dividend of approximately 8% to $3.29 per common share. NEWS: On May 28, Apple confirmed that it agreed to buy Beats Music, which operates a streaming music service, and Beats Electronics, which makes and sells electronic music products such as headphones and speakers, for $3B. As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple. Apple said at that time that it expects the transaction to close in Q4. On June 2, Apple announced OS X Yosemite, a new version of OS X redesigned and refined with a new look, new apps and new continuity features. Apple also unveiled iOS 8, a new version of its mobile operating system with new features for users and developers. Among the features were iCloud Photo Library, which allows user to enjoy photos and videos more easily across devices, new Messages features to easily share voice, video or photos, and a new Health app. Apple noted that the software development kit, or SDK, for iOS 8 was its "biggest developer release ever," with more than 4,000 new APIs. Apple and IBM announced last week that they would collaborate to provide mobile solutions for businesses. Under the deal, the companies will develop more than 100 enterprise solutions, including native apps, for Apple's iPhone and iPads. Moreover, IBM will sell iPhone and iPads to all of its business clients around the world, the companies noted. Also last week, Apple announced that Susan Wagner, founding partner and director of BlackRock (BLK), has been elected to Apple's board and that Bill Campbell, the board’s longest-serving member, is retiring after 17 years of service. Mac Rumors reported on July 10 that Apple was said to have ordered 68M iPhone 6 devices, citing a report in Taiwan's Business Weekly. That's double the amount of phones that the tech giant ordered prior to launching the iPhone 5 in 2012, the tech blog noted. The Wall Street Journal subsequently claimed that Apple has asked its suppliers to manufacture between 70M-80M of its two upcoming large-screen iPhones by the end of the year. ANALYST OPINION: On the day after Apple's last quarterly report, CLSA upgraded its rating on the shares to Buy from Outperform. On May 9, ISI Group downgraded Apple to Buy from Strong Buy, citing valuation. On June 2, following Apple's launch event for iOS 8, Piper Jaffray said it believed parts of Apple's new operating system point towards a possible iWatch later in the year and potential connected home products in the future. Piper said at that time that Apple remains on track to deliver multiple new product categories by the end of 2014. On June 17, Societe Generale upgraded Apple to Buy from Hold. On July 14, Barclays raised its rating on Apple to Overweight from Equal Weight, citing its channel checks that indicated near-term upside to consensus estimates. The firm also believes troubles at Samsung are creating an opportunity for Apple to regain market share and raised its price target for Apple shares to $110 from $95. The same day, Morgan Stanley said its survey results suggest June quarter iPhone demand upside. The firm raised its iPhone unit estimate to 36M from 34M and increased its EPS estimate to $1.24. Morgan Stanley increased it price target on Apple to $110 per share. Yesterday, JMP Securities upgraded Apple to Outperform from Market Perform, as the firm thinks the company is poised to report higher than expected sales and gross margins over the near-term and intermediate term. JMP set a price target of $135 on the stock. In his note previewing Apple's quarter, Munster wrote that Apple's guidance for its September-end quarter should tell investors if new iPhones are launching in September or later in the year. The Piper analyst expects a typical September launch, which could give the company 5 or 12 days of sales with the new phone depending on a standard Friday launch and its timing. Munster estimated the potential 7 day swing in the timing of the new phone could mean a 3M-4M unit and about $2B difference in the guidance for Q4, citing recent weekly run-rates for iPhone sales near launch quarters. PRICE ACTION: Each Apple shareholder of record at the close of business on June 2 received six additional shares for every share held on the record date and trading began on a split-adjusted basis on June 9. Shares of Apple advanced about 8% on the first day of trade following its Q2 report. Since the first day of trade following its last quarterly report, shares of Apple are up nearly 26%. In early afternoon trading ahead of its Q3 report tonight, Apple was up fractionally to just over $94 per share.
12:53 EDTINTCApplied Materials drops following report of opposition to merger
Subscribe for More Information
12:29 EDTKMB, KOOn The Fly: Midday Wrap
Subscribe for More Information
10:48 EDTYHOOOptions with decreasing implied volatility
Options with decreasing implied volatility: IGT YHOO LYK ATHN CMG SWKS NFLX SHPG SNDK MTG
10:34 EDTKOCoca-Cola says 2020 vision plans 'solid'
Subscribe for More Information
10:24 EDTKOCoca-Cola says on target for productivity goals
Subscribe for More Information
10:16 EDTKMBKimberly Clark does not see product line exits following Health Care spin off
Subscribe for More Information
10:13 EDTKOCoca-Cola says five priorities are 'working'
Sees "falling in the corridor" of long-term growth targets. Says expects to be able to hold price, volume discipline in North America. Sees 2H margins "continuing in same way" as 1H. Sees "sound" financial results in 2H. Sees 2H leverage flat to slightly positive currency neutral.
10:05 EDTKMBKimberly Clark targets FY14 organic sales growth of 3%-5%
Subscribe for More Information
10:01 EDTKMBKimberly Clark continue to expect FY14 repurchases of $1.3B-$1.5B
The company said it is tracking to meet or potentially exceed 1- to 2-day improvement objective of of cash conversion cycle. Comments taken from slides for Q2 earnings conference call.
09:55 EDTKOCoca-Cola sees FY capital investments of $2.5B
Subscribe for More Information
09:36 EDTFB, KOActive equity options trading on open
Subscribe for More Information
09:08 EDTKOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Chipotle (CMG), up 10.7%... Crocs (CROX), up 5%... Lockheed Martin (LMT), up 1.4%. ALSO HIGHER: GreenHunter Resources (GRH), up 10.3% after announcing intent to form MLP... TG Therapeutics (TGTX), up 9.5% after reporting Q2 results, preclinical study results, price target on shares raised to $19 from $13 at Brean Capital... FuelCell (FCEL), up 5.4% after announcing German government support, EUR 4.9M in research awards... Apache (APA), up 5.2% after Bloomberg says activist investor JANA Partners disclosed $1B position in the stock. DOWN AFTER EARNINGS: Harley-Davidson (HOG), down 4.1%... Travelers (TRV), down 3.4%... McDonald's (MCD), down 2.3%... Coca-Cola (KO), down 2.5%. ALSO LOWER: Amazon.com (AMZN), down 1% following downgrade to Neutral rating at Citigroup.
08:12 EDTKOCoca-Cola CEO says faced 'significant' currency headwinds in Q2
Says company's equity plan is a "good one" approved by board, shareholders. Says "respects" every one of its 2M shareholders and their opinions. Comments made on CNBC's "Squawk Box."
07:41 EDTKOCoca-Cola targets 2014 net share repurchases $2.5B-$3.0B
Subscribe for More Information
07:39 EDTKOCoca-Cola sees structural items hurting second half EPS by 2c
Subscribe for More Information
07:39 EDTKMBKimberly Clark sees tax charges of $300M-$350M for European business changes
Subscribe for More Information
07:38 EDTKMBKimberly Clark expects Health Care spin-off to be completed at end of October
07:37 EDTKOCoca-Cola reports Q2 comparable EPS 64c, consensus 63c
Reports Q2 revenue $12.57B, consensus $12.83B. Global unit case volume grew 3% in the quarter. Coca-Cola International volume grew 3% in the quarter while North America volume was even. Global price/mix increased 2% in the quarter.
07:37 EDTKMBKimberly Clark reports Q2 Personal Care segment sales up 2% to $2.4B
Subscribe for More Information
07:36 EDTKMBKimberly Clark cuts low end of FY14 adjusted EPS to $6.00-$6.15 from $6.00-$6.20
Subscribe for More Information
07:35 EDTKMBKimberly Clark reports Q2 adjusted EPS $1.49, consensus $1.50
Reports Q2 revenue $5.34B, consensus $5.32B
07:28 EDTTAT&T volatility elevated into Q2 and outlook
Subscribe for More Information
07:05 EDTIBMIBM promotes Frances West to Chief Accessibility Officer
Subscribe for More Information
05:59 EDTINTCStocks with implied volatility below IV index mean; INTC SHPG
Subscribe for More Information
05:56 EDTYHOOYahoo paying over $200M for Flurry, TechCrunch reports
Subscribe for More Information
July 21, 2014
16:52 EDTYHOOGoogle ranked as top U.S. search marketplace in June
Subscribe for More Information
16:41 EDTYHOOYahoo to acquire Flurry
Yahoo! and Flurry, Inc. announced that they have reached a definitive agreement for Yahoo to acquire Flurry. Yahoo is on a mission to re-imagine users’ daily habits, and mobile is at the center of everything we do. Our agreement to acquire Flurry is a meaningful step for the company and reinforces Yahoo’s commitment to building and supporting useful, inspiring and beautiful mobile applications and monetization solutions. By joining Yahoo, Flurry will have resources to speed up the delivery of platforms that help developers build better apps, reach the right users, and explore new revenue opportunities. Together, the companies can make mobile experiences better through products that are more personalized and more inspiring. Analytics are critical for all mobile developers to understand and optimize their applications. Yahoo and Flurry are reinvesting in developers and continuing to build great analytics products. The combined scale of the two companies will accelerate revenue growth for thousands of developers and publishers across the mobile ecosystem. In addition, the joined offerings of Yahoo and Flurry will enable more effective mobile advertising solutions for brands seeking to reach their audiences and gain unique insights across desktop and mobile, and users will benefit from more personalized app experiences. Following the closing, the Flurry team will remain in their present locations, and Flurry’s vision, mission, and focus will stay the same. Flurry’s products will continue to operate and innovate with Yahoo’s support and investment. The transaction is subject to customary closing conditions.
16:00 EDTFBOptions Update; July 21, 2014
iPath S&P 500 VIX Short-Term Futures up 65c to 28.53. Option volume leaders: AAPL FB NFLX DG CMCSA GILD PBR TWTR TSLA according to Track Data.
15:30 EDTKO, KMBNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
14:59 EDTYHOOYahoo to buy mobile and app analytics start-up Flurry, Re/code says
Subscribe for More Information
14:55 EDTYHOOYahoo to buy Flurry for 'hundreds of millions,' Re/code says
Subscribe for More Information
14:19 EDTFBFacebook allowing users to save items
Subscribe for More Information
14:11 EDTYHOOYahoo to be exclusive U.S home for pre-theatrical release of 'One Chance'
Yahoo announced in a post to Tumblr, that it will be the exclusive US home for the pre-theatrical release of the Weinstein Company’s film “One Chance.” The company said, "Whether it’s comedy, live events or inspiring stories, we are always looking to bring the very best content from the world’s greatest creators to our audience. That’s why today, we’re thrilled to announce that this fall, we’ll be the exclusive US home for the pre-theatrical release of the Weinstein Company’s film “One Chance.” Reference Link
13:59 EDTKOCoca-Cola technical notes ahead of earnings
Subscribe for More Information
13:36 EDTMA, VSmartMetric files patent infringement suit against Visa, MasterCard
Subscribe for More Information
13:15 EDTYHOO, FBGoogle ranked as top online video content property in June
Subscribe for More Information
12:41 EDTINTCIntel advances after analyst predicts mobile unit rebound coming
Shares of Intel (INTC) are advancing in a down market after Wells Fargo wrote that the company's mobile chip business could rebound significantly in coming quarters. WHAT'S NEW: Intel's mobile chip business could boost the company's growth and even enable it to beat earnings expectations, Wells Fargo wrote in a note to investors today. The chip maker's shipments of 4G modems should start rising significantly in the third quarter or fourth quarter of this year, the firm stated. The company has probably won some deals to provide LTE modems for smartphones and Samsung is likely one of the chip maker's initial customers, the firm wrote. Broadcom's (BRCM) decision to exit the baseband market probably improved Intel's position in the 4G market, Wells Fargo contended. Meanwhile, Intel said that by this year's holiday season, it should be ready to launch chips for mobile devices that are smaller than those of a key competitor, TSMC (TSM), Wells noted. Sales generated by Intel's mobile and communications unit may have bottomed last quarter or could do so during the current quarter, the firm believes. The unit's operating losses are likely to drop throughout this year, before falling sharply in the quarter ended March 2015, Wells estimated. The unit may approach break even by the end of 2015, the firm added. Wells kept an Outperform rating on the stock. WHAT'S NOTABLE: On July 15, Intel reported stronger than expected results for its quarter ended in June. PRICE ACTION: In early afternoon trading, Intel rose 43c, or 1.3%, to $34.13.
11:31 EDTIBMXerox names Kennedy Chief Marketing Officer
Subscribe for More Information
10:42 EDTYHOOOptions with decreasing implied volatility
Subscribe for More Information
09:38 EDTFBActive equity options trading on open
Subscribe for More Information
08:55 EDTFBFacebook July weekly volatility increases into Q2
Subscribe for More Information
08:08 EDTTAT&T awarded $275M contract U.S. Department of State
Subscribe for More Information
07:34 EDTINTCIntel mobile business could be source of growth, says Wells Fargo
Wells Fargo believes that Intel's Mobile & Communications segment could be an important growth and profit driver for the company starting next year. The firm thinks the company's manufacturing technology lead and efforts to establish a foundry business could boost its Mobile & Communications segment. It keeps an Outperform rating on the stock.
07:15 EDTINTC, FB, YHOOO'Reilly to hold a conference
Subscribe for More Information
07:08 EDTFBFacebook Q2 results likely to beat expectations, says Cantor
Subscribe for More Information
07:08 EDTFBFacebook struggles to find director of business operations at Instagram, BI says
Facebook has been struggling to find a new Director of Business Operations for Instagram ever since Emily White left for Snapchat seven months ago, Business Insider reports. Reference Link
06:57 EDTFBFacebook likely to report modest Q2 upside, says BofA/Merrill
Subscribe for More Information
06:14 EDTINTCStocks with implied volatility below IV index mean; INTC SHPG
Subscribe for More Information
July 18, 2014
18:12 EDTMA, VVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
16:47 EDTYHOO, IBM, INTCMarket ends week higher as earnings, M&A offset geopolitical tensions
Subscribe for More Information
16:20 EDTIBMOn The Fly: Closing Wrap
Subscribe for More Information
14:25 EDTV, MAVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Subscribe for More Information
13:39 EDTYHOOYahoo News hires Golodryga to head up news and finance properties, Variety says
Subscribe for More Information
12:42 EDTIBMOn The Fly: Midday Wrap
Stocks on Wall Street began the session in positive territory and have remained there throughout the morning. The averages moved in a narrow range for most of the opening hour of the session but spurted to higher levels during the second hour. Investors appear to be using yesterday’s sell-off as a buying opportunity, despite the ongoing events in Russia and Israel that largely contributed to yesterday’s action. ECONOMIC EVENTS: The first release of the University of Michigan consumer sentiment index for July fell to 81.3 after ending June with an 82.5 reading. The leading economic indicator index rose 0.3% to 102.2, which was a bit below the forecast for an increase of 0.5%. COMPANY NEWS: Class A shares of Google (GOOGL) advanced over 3% after the search giant reported quarterly revenue that beat expectations last night. Following its report, at least three Wall Street research firms raised their price targets on the stock, while noted tech analyst Collin Gillis of BGC Financial upgraded the stock to Buy from Hold... Dow component General Electric (GE) reported second quarter EPS of 39c, matching the consensus forecast, and revenue that just missed the consensus view of analysts. The company also reported that it is targeting the initial public offering of IPO of Synchrony Financial (SYF), its North American Retail Finance business, for July. In the IPO, Synchrony is offering 125M shares of its common stock, which will be listed on the New York Stock Exchange under the symbol “SYF,” and anticipates that the IPO price of the shares will be between $23.00 and $26.00 per share... Another Dow member, IBM (IBM), fell 0.4% after reporting adjusted Q2 earnings per share and revenue that beat expectations. Afterward, Cantor said it thinks the worst is over for the company and reiterated its Buy rating on the shares, though Societe Generale downgraded IBM to Sell from Hold and Credit Suisse said IBM continues to be driven by less revenue growth and kept its Underperform rating and $160 price target on Big Blue's stock. MAJOR MOVERS: Among the notable gainers was Skyworks (SWKS), which gained 14% after reporting third quarter results and fourth quarter guidance above analyst estimates and seeing no less than five analyst firms raise their price targets on its stock. Also higher was Gentiva Health (GTIV), which rose 14% after it announced that its board unanimously determined to reject the partial tender offer from Kindred Healthcare (KND) to acquire 14.9% of the outstanding shares of Gentiva for a price of $16.00 per share in cash and disclosed that it has received a $17.25 per share, all-cash takeover proposal from a "recognized owner, operator and investor in the sector." After the announcement, shares of Kindred fell 2%. Also lower following their earnings reports were RealPage (RP), which fell over 21%, and Advanced Micro Devices (AMD), which dropped nearly 18%. INDEXES: Near midday, the Dow was up 107.05, or 0.63%, to 17,083.86, the Nasdaq was up 57.98, or 1.33%, to 4,421.43, and the S&P 500 was up 17.04, or 0.87%, to 1,975.16.
12:36 EDTINTCPlug Power said to be on list of companies probed by SEC, Probes Reporter says
Subscribe for More Information
12:21 EDTFBCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
12:05 EDTFBStocks with call strike movement; FB YNDX
Facebook (FB) January 80 call option implied volatility decreased 3% to 36, Yandex (YNDX) January 37 call option implied volatility decreased 6% to 36 according to IVolatility.
11:42 EDTINTCAMD plummets after profit miss, analyst downgrades
Subscribe for More Information
11:39 EDTKOCoca-Cola downgraded to Hold from Buy at Societe Generale
11:25 EDTYHOOOptions with decreasing implied volatility
Subscribe for More Information
10:03 EDTCLXOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:59 EDTIBMIBM downgraded to Sell from Hold at Societe Generale
09:48 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NQ GOOG GOOGL TSLA KGC TWTR AMZN ELNK AMGN FB
09:12 EDTKOCoca-Cola July weekly volatility elevated into Q2 and outlook
Subscribe for More Information
08:16 EDTCLXClorox downgraded to Neutral from Buy at BTIG
Subscribe for More Information
07:49 EDTIBMIBM concerns remain, says Credit Suisse
Subscribe for More Information
06:56 EDTIBMIBM reported solid Q2 results, says Cantor
Subscribe for More Information
06:48 EDTFBJapan mobile messaging service pursues U.S. IPO, Bloomberg says
Subscribe for More Information
06:06 EDTINTCStocks with implied volatility below IV index mean; LULU INTC
Subscribe for More Information
July 17, 2014
18:31 EDTIBM, INTCOn The Fly: After Hours Movers
Subscribe for More Information
17:21 EDTIBMIBM sees services, software segment revenue growth in mid-single digits in 2H14
Subscribe for More Information
17:18 EDTIBMIBM says about $3B left in current share repurchase authorization
17:08 EDTIBMIBM reports Q2 revenue from Growth Markets down 7%, down 4% ex-currency
Subscribe for More Information
16:55 EDTIBMIBM expects at least $20.00 in operating EPS in 2015, consensus $19.78
Subscribe for More Information
16:47 EDTIBMIBM expects revenue growth to accelerate in 2H14
Comment from company's Q2 earnings conference call.
16:14 EDTIBMIBM CEO says 'performed well in strategic imperatives' in Q2
Subscribe for More Information
16:13 EDTIBMIBM reports Q2 revenue from Systems and Technology segment totaled $3.3B
Subscribe for More Information
16:12 EDTIBMIBM reports Q2 revenue from Software Segment $6.5B, up 1%
Subscribe for More Information
16:12 EDTIBMIBM reports Q2 Global Services segment revenue down 1% to $13.9B
Global Technology Services segment revenues decreased 1% to $9.4B. Adjusting for the impact of the divested customer care outsourcing business, revenues were up 2%. Global Business Services segment revenues were down 2% to $4.5B.
16:09 EDTIBMIBM reports Q2 services backlog $136B, down 1%
Subscribe for More Information
16:09 EDTIBMIBM continues to see FY14 adjusted EPS at least $18.00, consensus $17.87
Subscribe for More Information
16:08 EDTIBMIBM reports Q2 adjusted EPS $4.32, consensus $4.29
Subscribe for More Information
16:01 EDTFBOptions Update; July 17, 2014
iPath S&P 500 VIX Short-Term Futures up 2.66 to 29.93. Option volume leaders: AAPL FB GOOG APA MSFT PBR SUNE AMZN TWTR TSLA according to Track Data.
15:26 EDTIBMNotable companies reporting after market close
Subscribe for More Information
15:05 EDTIBMEarnings Preview: IBM reports after Apple deal, dividend hike
Subscribe for More Information
14:52 EDTYHOOYahoo Sports, NBC Sports announce expanded fantasy football coverage
Subscribe for More Information
14:28 EDTFBFacebook testing new 'Buy Button' feature to facilitate purchases
Subscribe for More Information
13:58 EDTIBMIBM July 195 straddle priced for 3.3% move into Q2
Subscribe for More Information
12:07 EDTIBMIBM technical comments ahead of earnings
Subscribe for More Information
11:12 EDTYHOOOptions with decreasing implied volatility
Subscribe for More Information
10:14 EDTFBFacebook view changed to Positive from Neutral at OTR Global (pre-open)
Subscribe for More Information
09:40 EDTINTC, FBActive equity options trading on open
Subscribe for More Information
09:06 EDTTAT&T and town of Carrboro sign agreement for 1 Gigabit network
Subscribe for More Information
08:42 EDTYHOOCBS, Yahoo among potential CNN buyers if Time Warner divests, WSJ says
If Time Warner (TWX) were to divest CNN, which has been raised as a possiblity given the interest in Time Warner expressed by Fox News owner 21st Century Fox (FOXA), the "long list of potential buyers" would include CBS (CBS), Yahoo (YHOO) and Bloomberg LP, said The Wall Street Journal, citing media analysts and executives. Reference Link
07:51 EDTINTCSenate Finance Committee to hold a hearing
The Committee holds a hearing entitled, "The Role of Trade & Technology in 21st Century Manufacturing" with Vice President Sturm of Intel on July 17 at 10 am. Webcast Link
07:45 EDTKMBAs Americans age, Procter & Gamble returns to adult diaper market, WSJ says
Procter & Gamble (PG) is expected in the coming months to re-enter the North American adult diaper market that it had exited over a decade ago, according to The Wall Street Journal, citing several retailers and analysts. Rival Kimberly-Clark's (KMB) CEO recently told investors at a conference that demand for its Huggies training pants has been weakening while sales of incontinence products have been growing steadily, the report noted. Reference Link
07:38 EDTIBMPratt & Whitney announce partnership with IBM
Subscribe for More Information
07:37 EDTMA, VVisa MasterCard underperformance creates buying opportunity, says Oppenheimer
Subscribe for More Information
07:27 EDTIBMFCC to hold a meeting
Subscribe for More Information
06:50 EDTFBAirbus considering partnering with high tech companies, NY Times says
Subscribe for More Information
06:19 EDTKOCoca-Cola to invest over $8.2B in Mexico over six years, WSJ reports
Coca-Cola Mexico President Francisco Crespo announced during a ceremony in Toluca, Mexico, that the company will invest over $8.2B in Mexico over the next six years along with its eight local bottlers, the Wall Street Journal reports. The investment comes despite a 12% tax Mexico has placed on full-calorie sodas, teas and juices. Reference Link
05:56 EDTINTCStocks with implied volatility below IV index mean; LULU INTC
Subscribe for More Information
July 16, 2014
17:55 EDTINTCIntel looks like a hold, Barron's says
Subscribe for More Information
16:24 EDTIBM, YHOO, INTCOn The Fly: Closing Wrap
Stocks on Wall Street started the trading day higher, thanks in part to solid earnings reports from some of the nation’s largest companies as well as a proposed mega-merger in the entertainment industry. Investors preparing for the next round of earnings after the close, which includes reports from eBay (EBAY), Yum! Brands (YUM), and Las Vegas Sands (LVS), did so with the Dow at a new all-time high. ECONOMIC EVENTS: In the U.S., the Producer Price Index for June rose 0.4%, which was ahead of expectations for a 0.2% increase. Industrial production grew 0.2% in June, missing the forecast for 0.3% growth. The NAHB homebuilder confidence index rose to 53 in July, ahead of expectations for it to tick up 1 point to 50. Economic activity expanded in all regions of the country at a moderate to modest pace in recent weeks, the Fed reported today in its Beige Book. Consumer spending rose in every region, as retail sales grew modestly in most areas and vehicle sales were stronger than sales of most other products, the central bank reported. COMPANY NEWS: Shares of HBO and Warner Bros. parent Time Warner (TWX) surged $12.12, or 17.07%, to $83.13 after it was reported by CNBC and DealBook's Andrew Ross Sorkin that the company had received, and rejected, a takeover offer worth about $80B, or $85 per share, from Rupert Murdoch's Twenty-First Century Fox (FOXA). Both Time Warner and Fox subsequently confirmed the report, with Time Warner stating that it rejected the bid since it was "not in the best interests of stockholders" and Fox noting that the companies are not currently in discussions. Afterward, research firm Jefferies said it believes 21st Century Fox could raise its bid for Time Warner into the mid-to-upper $90's per share, but it also thinks that Time Warner would still be unlikely to accept the offer. Meanwhile, FBR Capital said Fox could pay up to $120 for Time Warner and still make an accretive deal. Class A shares of Twenty-First Century Fox ended the day down $2.19, or 6.22%, to $33.00... Shares of Apple (AAPL) initially rose after announcing last night that it would collaborate with IBM (IBM) to provide mobile solutions for businesses. Goldman Sachs analyst Bill Shope wrote in a note to investors that the deal with IBM is clearly positive for Apple, as it validates the "unique enterprise capabilities" of iOS, which has a lack of fragmentation that makes it uniquely suited for organizations. BlackBerry (BBRY), which has a focus on mobile devices for business use, slid $1.33, or 11.77%, to $9.97 after the tech giants announced their new partnership. Apple closed down 54c, or 0.57%, to $94.78, though IBM (IBM), which reports after tomorrow's close, climbed $3.87, or 2.05%, to $192.36. MAJOR MOVERS: Among the notable gainers was Intel (INTC), which advanced $2.94, or 9.27%, to $34.65 after the semiconductor giant's second quarter results beat analysts' consensus estimates. Also higher was Tenet Healthcare (THC), which rallied $3.74, or 8.32%, to $48.71 after after another company in the hospital sector, HCA Holdings (HCA), pre-announced stronger than expected second quarter results. For its part, HCA rose $5.78, or 10.47%, to $60.99 after providing better than expected Q2 guidance and increasing its fiscal year outlook. Among the noteworthy losers was Yahoo (YHOO), which fell $1.82, or 5.11%, to $33.79 after the company's second quarter results fell short of analysts' consensus estimates. The company also said it will lower the amount of stock it will sell in Alibaba's initial public offering to 140M shares and that it plans to return "at least half" of its after-tax proceeds from the stake sale to its shareholders. Also lower were shares of Ross Stores (ROST), which fell $3.12, or 4.78%, to $62.15 after Sterne Agee downgraded its stock to Neutral from Buy and cut its price target for shares to $68 from $81, citing negative traffic trends and low visibility. INDEXES: The Dow rose 77.52, or 0.45%, to 17,138.20, the Nasdaq gained 9.58, or 0.22%, to 4,425.97, and the S&P 500 advanced 8.29, or 0.42%, to 1,981.57.
16:00 EDTFB, INTCOptions Update; July 16, 2014
iPath S&P 500 VIX Short-Term Futures down 70c to 27.25. Option volume leaders: AAPL FB GOOG AMZN TWTR TSLA C HPQ TWX INTC AMZN according to Track Data.
14:36 EDTVVisa launches Visa Checkout payment service
Subscribe for More Information
14:03 EDTTNetflix submits FCC comments on proposed Net Neutrality rules
Subscribe for More Information
13:05 EDTTVerizon, Comcast, AT&T viwed as 'logical' Time Warner bidders, Bloomberg says
Subscribe for More Information
12:47 EDTYHOOYahoo falls after results disappoint, details additional plans for Alibaba stake
Shares of media and search engine company Yahoo (YHOO) are falling after the company's second quarter results fell short of analysts' consensus estimates. The company also said it will lower the amount of stock it will sell in Alibaba's initial public offering to 140M shares and that it plans to return "at least half" of its after-tax proceeds from the stake sale to its shareholders. WHAT'S NEW: Last night, Yahoo reported Q2 earnings per share of 37c and revenue ex-tac of $1.04B, narrowly missing analysts' consensus estimates of 38c and $1.08B, respectively. The company's Q2 display ad revenue fell 7% to $394M, while Q2 price per ad fell 24% versus last year. Q2 search revenue ex-tac increased 6% to $428M. Yahoo said that in Q2, the number of ads sold increased approximately 24% compared to last year, while the number of paid clicks increased approximately 3%. Price-per-click increased 15% compared to last year. Marissa Mayer, Yahoo's Chief Executive Officer, said that as the company's top priority is revenue growth, it is "not satisfied" with Q2 results. Mayer noted that several areas showed strength in the quarter, including Yahoo Search, which grew 6% year-over-year on a revenue ex-tac basis, but their growth was offset by declines. Meyer says the company needs to "work faster to ameliorate" negative trends in display. Mayer says the company "can and will do better" going forward. WHAT'S NOTABLE: Looking ahead, Yahoo forecast third quarter revenue ex-tac of $1.02B-$1.06B, below the consensus of $1.1B. The company also guided Q3 adjusted earnings before interest, taxes, depreciation and amortization, or EBTIDA, at $220M-$260M and non-GAAP operating income of $70M-$110M. Yahoo also noted that it will lower the number of shares it sells in the Alibaba IPO to 140M from 208M, and is committed to return at least half of the after-tax IPO proceeds to shareholders. Mayer noted on the company's earnings conference call that "A transformation of this size will take several years," adding that "it will take a little longer than originally forecasted." ANALYST REACTION: This morning, research firm CRT Capital downgraded Yahoo to Fair Value from Buy, citing mixed Q2 earnings and weak guidance. The firm sees pressure on ad pricing continuing for at at least two to three quarters. Another firm, Bernstein, lowered their price target on Yahoo to $40 from $43 following the company's weaker than expected results and said that it would return 50% of its proceeds from the Alibaba IPO to shareholders. The firm thinks there is an increased risk that Yahoo will use the other 50% on M&A, and Bernstein sees high risk that the M&A will destroy value. Bernstein kept an Outperform rating on the stock. Piper Jaffray said Yahoo should be owned ahead of the Alibaba IPO, noting its agreement with Alibaba to reduce the number of shares it will sell at the IPO should outweigh the "unsurprising" challenges in the company's core business. The firm, which kept an Overweight rating on the stock, expects the stock to react positively on the Q2 earnings report. PRICE ACTION: In early afternoon trading, Yahoo fell $1.66, or about 4.7%, to $33.95 on heavy trading volume. Despite today's pull back, the stock is up approximately 25% over the past 12 months. OTHERS TO WATCH: Yahoo peer AOL (AOL) is down over 4.% to $38.98. Jackie Reses, Yahoo's chief of mergers and acquisitions, said at the Fortune Brainstorm Tech Conference that the company is not planning to buy AOL, Re/code reported this morning. Mayer previously told a number of people that she does not "get" the merger.
12:42 EDTTTime Warner said to see Verizon,Comcast, AT&T as logical bidders, Bloomberg says
Subscribe for More Information
12:26 EDTINTC, YHOO, IBMOn The Fly: Midday Wrap
Subscribe for More Information
12:07 EDTIBMApple, IBM rise after agreeing to collaborate on mobile products
Subscribe for More Information
11:58 EDTIBMDruckenmiller says IBM facing problems similar to Xerox, Kodak
Subscribe for More Information
11:57 EDTYHOOStocks with call strike movement; GILD YHOO
Subscribe for More Information
11:29 EDTINTCIntel hits 52-week high after results beat estimates
Subscribe for More Information
10:00 EDTYHOOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
10:00 EDTINTCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:37 EDTYHOOActive equity options trading on open
Subscribe for More Information
09:30 EDTYHOOAlibaba valued at $150B in trades ahead of IPO, WSJ says
Subscribe for More Information
09:23 EDTIBM, YHOO, INTCOn The Fly: Pre-market Movers
HIGHER: Time Warner (TWX), up 15% after company confirmed that it rejected an $80B takeover offer from 21st Century Fox (FOX, FOXA), as had been reported earlier this morning... Apple (AAPL), up 2% after announcing an enterprise mobile partnership with IBM (IBM), which is also up 2%... International Game (IGT), up 9.5% after agreeing to be acquired by GTECH for $4.7B in cash and stock... FireEye (FEYE), up 5% after shares upgraded at Goldman... Precision Drilling (PDS), up 4% after announcing strategic agreement with Schlumberger (SLB), upgraded at Deutsche Bank... Mellanox (MLNX), up 4.7% following upgrade at Jefferies. UP AFTER EARNINGS: Intel (INTC), up 5.4%... HCA Holdings (HCA), up 6%... Textron (TXT), up 3.2%... Abbott (ABT), up 1%. DOWN AFTER EARNINGS: PNC Financial (PNC), down 2.5%... MGIC Investment (MTG), down 3.6%. LOWER: Yahoo (YHOO), down 3% after downgraded at CRT Capital following second quarter earnings report... Ares Capital (ARCC), down 2.5% after filing to sell 11.85M shares of common stock... Nationstar (NSM), down 2.4% after downgraded at Wells Fargo... Walter Investment (WAC), which was also downgraded at Wells Fargo, down 1.6%.
08:25 EDTYHOOYahoo should be owned ahead of Alibaba IPO, says Piper Jaffray
Subscribe for More Information
08:05 EDTINTCHP has positive read through from Intel results, says Pacific Crest
Pacific Crest has an upward bias on its estimates for HP (HPQ) following Intel's (INTC) positive comments on the PC market. The firm thinks that HP's stock could jump another 20% if enterprise PC fundamentals continue to improve. It keeps an Outperform rating on HP.
08:03 EDTIBMApple deal with IBM could drive enterprise sales, says Canaccord
Subscribe for More Information
07:47 EDTINTCIntel price target raised to $50 from $40 at Drexel Hamilton
Subscribe for More Information
07:43 EDTTSenate Commerce, Science & Transportation Committee holds a hearing
Subscribe for More Information
07:39 EDTINTCIntel comments bode well for Mellanox, says Macquarie
Intel (INTC) said on its earnings call that the Haswell-EP Xeon E5 high-performance CPU built on the Grantley platform is already being shipped in pre-production quantities and is on track for a CYQ3 launch. Macquarie said Intel's commentary is a positive for the HPC market and Mellanox (MLNX) should see corresponding demand. Shares are Outperform rated with a $52 price target.
07:33 EDTINTCIntel price target raised to $45 from $40 at Jefferies
Subscribe for More Information
07:17 EDTINTCIntel facing headwinds, says RBC Capital
After Intel reported stronger than expected results, RBC Capital thinks the company will be burdened by start-up costs in Q4 and 1Q15. The firm thinks there is a risk that the company's gross margins will drop and it keeps a Sector Perform rating on the shares.
07:06 EDTINTCIntel price target raised to $36 from $31 at Stifel
Stifel increased its price target on Intel after the company reported stronger than expected results for its June quarter and provided guidance for its September quarter that the firm views favorably. Stifel keeps a Buy rating on the shares.
07:01 EDTINTCIntel price target raised to $40 from $35 at Deutsche Bank
Subscribe for More Information
07:00 EDTINTCIntel price target raised to $40 from $35 at Credit Suisse
Subscribe for More Information
07:00 EDTYHOOYahoo price target lowered to $40 from $43 at Bernstein
Subscribe for More Information
06:09 EDTYHOOYahoo downgraded to Fair Value from Buy at CRT Capital
Subscribe for More Information
06:08 EDTINTCIntel moving 360 employees from Israel to Ireland, Globes reports
Subscribe for More Information
06:06 EDTINTCIntel upgraded to Buy from Neutral at B. Riley
Subscribe for More Information
06:04 EDTINTCIntel upgraded to Buy from Neutral at UBS
Subscribe for More Information
06:03 EDTYHOOYahoo M&A chief says company not planning to buy AOL, Re/code reports
Yahoo (YHOO) is not planning to buy AOL (AOL), Yahoo M&A chief Jackie Reses commented at the Fortune Brainstorm Tech conference, Re/code reports. When asked whether she thought AOL would be acquired in the next two years, Reses said "Not by us." Reference Link
05:55 EDTINTCIntel price target raised to $37 from $31 at Piper Jaffray
Piper Jaffray raised its price target for Intel shares to $37 saying the company's momentum continues following its Q2 report. Piper keeps an Overweight rating on the stock.
July 15, 2014
18:40 EDTYHOOYahoo advertising revenue drops as company prepares for Alibaba IPO, WSJ says
Subscribe for More Information
18:29 EDTYHOO, INTC, IBMOn The Fly: After Hours Movers
UP AFTER EARNINGS: Intel (INTC), up 4.1% after reporting second quarter results... AMD (AMD), up 1.6% after Intel reported quarterly results... Cintas (CTAS), up 1.6% after reporting fourth quarter results and fiscal 2015 guidance. ALSO HIGHER: IBM (IBM), up 1.8% after announcing an enterprise mobile partnership with Apple (AAPL), which is up 1.5%. DOWN AFTER EARNINGS: Yahoo! (YHOO), down 2.3% after reversing direction during the company's second quarter earnings conference call. ALSO LOWER: BlackBerry (BBRY), down 3.4% following IBM and Apple partnership announcement.
18:18 EDTKOPepsiCo escalates operations in Myanmar, Nikkei reports
Subscribe for More Information
18:05 EDTINTCIntel says consumer remains challenging, soft
Subscribe for More Information
17:49 EDTYHOOYahoo reverses during conference call, now down 2% in after-hours trading
Subscribe for More Information
17:40 EDTIBMBlackBerry slides after Apple, IBM partner on mobile enterprise
Subscribe for More Information
16:51 EDTIBMBlackBerry lower by almost 5% after Apple-IBM pact
Subscribe for More Information
16:50 EDTIBMApple, IBM both higher after announcing enterprise mobile partnership
In after-hours trading, Apple (AAPL) is up 1.5%, while IBM (IBM) is up 2.1%.
16:35 EDTIBMApple, IBM announce announce partnership to 'transform enterprise mobile'
Subscribe for More Information
16:31 EDTIBMApple, IBM announce partnership to 'transform enterprise mobile'
Subscribe for More Information
16:31 EDTINTCIntel CFO says company strategy 'played out nicely' in first half
Says data center business extremely strong. Says still seeing soft consumer. Says on the cusp of a PC refresh cycle. Says goal is to keep long-term margins in 55%-65% range. Says needs to push costs down, battery life up. Stacy Smith is speaking on CNBC.
16:22 EDTINTCIntel announces increase of $20B to share repurchase plan
Intel announced that it intends to return more cash to shareholders by lowering its cash balance further through increased share repurchases. The board of directors authorized an increase of $20B to its share repurchase program and the company is forecasting share repurchases of approximately $4B in the third quarter, with additional share repurchases in the fourth quarter. Over the last decade Intel has returned almost $90B to shareholders through dividends and share repurchases.
16:15 EDTYHOOYahoo lowers amount to sell in Alibaba IPO to 140M shares
Subscribe for More Information
16:15 EDTINTCIntel targets $4B for share repurchases in Q3
16:14 EDTYHOOYahoo reports Q2 Display revenue down 7% to $394M
Subscribe for More Information
16:12 EDTINTCIntel up about 4% following better than expected Q2 results
Subscribe for More Information
16:12 EDTYHOOYahoo rallies 3% to $36.59 following Q2 results
16:11 EDTYHOOYahoo sees Q3 revenue ex-tac $1.02B-$1.06B, consensus $1.10B
Subscribe for More Information
16:10 EDTYHOOYahoo reports Q2 Price-per-Ad down 24% vs. last year
Subscribe for More Information
16:10 EDTINTCIntel reports Q2 PC Client Group revenue $8.7B, up 9% sequentially, up 6% YoY
Subscribe for More Information
16:08 EDTYHOOYahoo CEO says 'not satisfied' with Q2 results
Subscribe for More Information
16:07 EDTINTCIntel says on track to meet 40M unit tablet goal
Subscribe for More Information
16:06 EDTINTCIntel reports Q2 gross margin 64.5%
16:06 EDTINTCIntel sees FY14 revenue growth approximately 5%, consensus $54.55B
Subscribe for More Information
16:05 EDTYHOOYahoo reports Q2 EPS 37c, consensus 38c
Reports Q2 revenue ex-tac $1.04B, consensus $1.08B.
16:04 EDTINTCIntel sees Q3 revenue $14.4B, plus or minus $500M, consensus $14.02B
Sees Q3 gross margin 66%, plus or minus a couple of percentage points.
16:03 EDTINTCIntel reports Q2 EPS 55c, consensus 52c
Subscribe for More Information
16:00 EDTFBOptions Update; July 15, 2014
iPath S&P 500 VIX Short-Term Futures up 53c to 28.02. Option volume leaders: AAPL FB GOOG AMZN ABX DIS NFLX TWTR TSLA according to Track Data.
15:27 EDTINTC, YHOONotable companies reporting after market close
Subscribe for More Information
13:06 EDTYHOOEarnings Preview: Yahoo shares trading flat ahead of Q2 earnings report
Subscribe for More Information
12:55 EDTINTCEarnings Preview: Intel up over 12% since pre-announcement
Intel (INTC) is expected to report second quarter earnings after the close on Tuesday, July 15, with a conference call scheduled for 5:00 pm ET. Intel is a global semiconductor manufacturer and a member of the Dow Jones Industrial Average. EXPECTATIONS: Analysts are looking for earnings per share of 52c on revenue of $13.69B. The consensus range is 45c-55c for EPS on revenue of $13.0B-$14.0B, according to First Call. Along with its first quarter report, Intel said it saw Q2 revenue of $13B, plus or minus $500M, compared to consensus at that time of $12.96B. Intel said then that it had expected its fiscal year 2014 revenue to be approximately flat, compared to consensus at that time of $53.15B. Subsequently, on June 12, Intel raised its Q2 revenue forecast to be $13.7B, plus or minus $300M, citing stronger than expected demand for business PCs. Intel added that it now expects some revenue growth for the year and that its full-year gross margin percentage is now expected to be in the upper half of the previous range of 61%, plus or minus a few percentage points, driven mostly by expected improvements in unit cost and volume. LAST QUARTER: Intel reported Q1 EPS of 38c, compared to consensus expectations at that time of 37c. The company's revenue of $12.8B was generally in-line with the consensus forecast. For the quarter, the company's gross margin came in at 59.7%. STREET RESEARCH: On the day after Intel made its positive pre-announcement, its stock was upgraded by several research firms. At that time, Morgan Stanley upgraded the shares to Equal Weight from Underweight, Roth Capital raised its rating to Buy from Neutral, and Drexel Hamilton upped its rating to Buy from Hold. Several firms also increased their price targets on Intel, with Jefferies raising its price target for Intel to $40 from $35 and Pacific Crest taking its target up to $35 from $32. Last night, coverage of Intel was initiated at Imperial Capital, which placed an Outperform rating and $37 target on the stock. NEWS: After eight quarters of declining shipments, worldwide PC shipments experienced flat growth in the second quarter of 2014, Gartner reported recently. Worldwide PC shipments totaled 75.8M units in the quarter, a 0.1% increase from the same quarter of 2013, according to Gartner. Another research firm, International Data Corporation, estimated that worldwide PC shipments totaled 74.4M units in the second quarter, marking a year-on-year decline of 1.7%. In company specific news, a July 9 report from MacRumors, citing Chinese site VR Zone, claimed that Intel has decided to further postpone the shipping of its line of 14-nanometer Broadwell chips, which are anticipated to be included in future versions of the Apple's (AAPL) MacBook Air, Retina MacBook Pro, and iMac. A report two days later from DigiTimes said that Intel is set to unveil its 14nm processors and 10nm wafers at its Developer Forum in San Francisco, citing sources from the upstream supply chain. According to the report, Intel will release the 14nm Core M-series processors in Q4 and 14nm Broadwell-based processors in January 2015. In June, The Wall Street Journal reported that Intel announced plans to package its standard server processors alongside a different class of programmable chip in a combination that includes an FPGA, or field programmable gate array. The Journal noted that FPGAs have been sold for years by Xilinx (XLNX) and Altera (ALTR), but that the general manager of Intel’s data center group, Diane Bryant, declined to disclose Intel’s partner on the latest effort or when the resulting products would hit the market. PRICE ACTION: Since the day after its earnings pre-announcement, Intel shares have risen over 12% and its stock is up more than 17% over the last three months. In afternoon trading ahead of tonight's report, Intel was trading near flat at $31.53.
12:48 EDTFBFacebook July weekly volatility increases into Q2
Subscribe for More Information
11:32 EDTIBMIBM volatility up and into Q2 and outlook
Subscribe for More Information
11:07 EDTFBStocks with call strike movement; MU FB
Micron (MU) October 37 call option implied volatility increased 2% to 39, Facebook (FB) December 75 call option implied volatility increased 3% to 38 according to IVolatility.
10:56 EDTFBFed calls small cap social media, biotech valuations 'stretched'
The Board of Governors of the Federal Reserve in its Monetary Policy Report dated today said valuation metrics in "some sectors" appear substantially stretched, "particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year." A later part in the document reads, "Equity valuations of smaller firms as well as social media and biotechnology firms appear to be stretched, with ratios of prices to forward earnings remaining high relative to historical norms." The specific targeting of sectors by the Fed seems to be having an impact on stocks in the social media and biotech spaces. Shares of Yelp (YELP) are down over 5% to $67.51, while Twitter (TWTR) and Facebook (FB) are each down 2%. Celgene (CELG) and Amgen (AMGN) are leading the biotech space lower with pullbacks of greater than 1%.
10:33 EDTFBFacebook, Twitter slip following cautious valuation comments from Fed
Shares of a number of companies in the social media and biotech industries moved lower following the circulation of cautious comments about their stock valuations that were included in the Federal Reserve's latest Monetary Policy Report. WHAT'S NEW: In the report, presented by the Board of Governors of the Federal Reserve and signed on behalf of the governors by Chair Janet Yellen, the central bank wrote that some broad equity price indexes have increased to all-time highs in nominal terms since the end of 2013, but that valuation measures for the overall market in early July were "generally at levels not far above their historical averages." However, the Fed's report also cautioned that valuation metrics in some sectors do appear substantially "stretched," particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year. As support for its assessment, the Fed noted that ratios of prices to forward earnings for "smaller firms as well as social media and biotechnology firms" remain "high relative to historical norms." PRICE ACTION: Following the circulation of the comments in the Fed report, shares of Facebook (FB) are down 88c, or 1.3%, to $67.02, Twitter (TWTR) is down 24c, or 0.6%, to $38.07 and LinkedIn (LNKD), is down 21c, or 0.1%, to $159.57. Shares of some biotechnology companies including Celgene (CELG) and Amgen (AMGN) also ticked lower following the circulation of the comments from the Fed's report.
10:18 EDTFBFacebook, Twitter move lower following comments from Yellen
Subscribe for More Information
10:00 EDTYHOO, INTCOn The Fly: Analyst Initiation Summary
Subscribe for More Information
10:00 EDTKMBOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:38 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FB JPM TSLA
09:33 EDTIBMIBM volatility up and into Q2
Subscribe for More Information
08:03 EDTTPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
08:03 EDTIBMCajamar and IBM sign 10-year applications management contract
Subscribe for More Information
07:33 EDTINTCIntel July 31.5 straddle priced for 3% move into Q2
Subscribe for More Information
07:32 EDTYHOOYahoo July 35.5 straddle priced for 4.5% move into Q2
Subscribe for More Information
07:23 EDTIBM, FB, INTCFortune to hold a conference
Subscribe for More Information
07:15 EDTCLX, KMB, KO, TIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
06:41 EDTYHOOYahoo, Live Nation concert program to launch tonight, NY Times says
Subscribe for More Information
06:13 EDTFBFacebook, Nielsen team up to track TV habits, LA Times reports
Subscribe for More Information
05:48 EDTKMBKimberly Clark upgraded to Neutral from Sell at Goldman
Subscribe for More Information
July 14, 2014
18:49 EDTYHOOYahoo initiated with a Market Perform at FBR Capital
Target $37.
16:41 EDTINTCIntel initiated with an Outperform at Imperial Capital
Subscribe for More Information
16:00 EDTFBOptions Update; July 14, 2014
Subscribe for More Information
13:18 EDTYHOOYahoo technical comments before earnings
Subscribe for More Information
13:02 EDTINTCIntel technical comments ahead of earnings
Subscribe for More Information
11:17 EDTTDemand Media announces divestiture of Creativebug and CoveritLive
Subscribe for More Information
10:34 EDTTAT&T joint venture acquires Creativebug from Demand Media for $10M
Otter Media, a joint venture between AT&T (T) and The Chernin Group, has acquired Creativebug from Demand Media (DMD), the companies announced earlier. Creativebug offers do-it-yourself video workshops featuring instruction from artists and designers. Demand Media confirmed in a regulatory filing earlier that it completed the sale of substantially all of the assets relating to its Creativebug business for $10.0M in cash. AT&T and The Chernin Group announced the formation of the joint venture to acquire, invest in and launch over-the-top video services previously on April 22.
10:20 EDTYHOOYahoo volatility increases into Q2 and growth outlook
Subscribe for More Information
09:36 EDTFBActive equity options trading on open
Subscribe for More Information
09:31 EDTTAT&T, EPIX reach carriage agreement
Subscribe for More Information
09:25 EDTFBGoogle looked to Page, Brin to woo Facebook workers, WSJ says
Subscribe for More Information
09:14 EDTINTCSemiconductor top picks at Topeka
Topeka's anticipates strong unit growth in the smartphone, tablet and wearable end markets and recommends exposure to large/mid cap growth names Intel (INTC), Skyworks (SWKS), Atmel and (ATML), small cap growth name, Rambus (RMBS), and value names Freescale (FSL), Spansion (CODE) and Silicon Motion (SIMO).
09:07 EDTINTCMellanox Q3 guidance likely to be conservative, says Janney Capital
Janney Capital said it expects Mellanox' (MLNX) Q2 revenue to be in-line and for its Q3 guidance to be conservative, as the firm believes the High Performance Computing market has temporarily slowed ahead of Intel's (INTC) release of its Grantley processors. However, the firm thinks that HPC will recover soon and it maintains its Buy rating and $57 fair value estimate on Mellanox.
08:52 EDTINTCIntel volatility increases into Q2 and outlook
Intel July call option implied volatility is at 27, August is at 20, October is at 18; compared to its 26-week average of 19 according to Track Data, suggesting non-directional price movement into the expected release of Q2 on July 15.
08:40 EDTYHOOYahoo, AOL unlikely to be plotting merger at Sun Valley conference, Re/code says
Subscribe for More Information
08:34 EDTINTCPC market stability could be short-lived, Reuters says
Subscribe for More Information
08:32 EDTTSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobili’s customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.
07:48 EDTIBMQuantum computer company D-Wave may come public, FT says
Subscribe for More Information
07:22 EDTFBFacebook poised to report stronger than expected Q2 results, says Oppenheimer
Subscribe for More Information
06:46 EDTIBMIBM to research smart cities, Xinhua reports
Subscribe for More Information
06:05 EDTYHOOYahoo acquires Israeli video startup RayV, terms not disclosed
Subscribe for More Information
July 12, 2014
18:33 EDTINTCIntel looks to Chinese unbranded makers to boost tablet presence, WSJ says
Subscribe for More Information
July 11, 2014
18:18 EDTYHOOAlibaba may expand board to 11 after IPO
Subscribe for More Information
15:59 EDTFBOptions Update; July 11, 2014
iPath S&P 500 VIX Short-Term Futures down 33c to 28.25. Option volume leaders: AAPL C GILD X FB GOOG AMZN TWTR TSLA according to Track Data.
11:45 EDTYHOOStocks with call strike movement; YHOO WFM
Subscribe for More Information
11:16 EDTYHOOAOL, Yahoo CEOs have late-night talk, WSJ reports
Subscribe for More Information
09:37 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
07:42 EDTFBFacebook should move higher on strong quarter, says Deutsche Bank
Subscribe for More Information
07:26 EDTKOApple, Coke on board with Obama 'SupplierPay' initiative, WSJ says
Subscribe for More Information
06:10 EDTFBJPMorgan expects solid Q2 results in Internet space
Subscribe for More Information
06:06 EDTINTCIntel to unveil 14nm processors, 10nm wafers at IDF in September, DigiTimes says
Subscribe for More Information
July 10, 2014
17:49 EDTYHOOAlibaba may begin IPO process by end of month, WSJ reports
Subscribe for More Information
16:00 EDTFBOptions Update; July 10, 2014
Subscribe for More Information
12:53 EDTFBFacebook research practices investigated by Irish watchdog, WSJ says
Subscribe for More Information
11:35 EDTYHOOStocks with call strike movement; YHOO AAL
Subscribe for More Information
11:26 EDTFBStocks with call strike movement; TWTR FB
Twitter (TWTR) July 42 call option implied volatility increased 11% to 54, Facebook (FB) August 72.5 call option implied volatility increased 5% to 53 according to IVolatility.
09:36 EDTFBActive equity options trading on open
Subscribe for More Information
08:10 EDTMAMorgan Stanley's Vintage Values 2015 list selected
Subscribe for More Information
07:47 EDTIBMIBM volatility up and into Q2
Subscribe for More Information
05:24 EDTIBMIBM announces $3B cloud, big data systems research initiative
Subscribe for More Information
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use