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 | 15 | 16 | all recent news | >>
April 24, 2014
18:55 EDTVOn The Fly: After Hours Movers
NOTABLE: Amazon (AMZN) reported first quarter earnings that were in-line with expectations on revenues that topped estimates. The company also provided second quarter revenue outlook that was in-line with expectations and shares of the online retailer were roughly flat in after hours trade... Starbucks (SBUX) gained 1.6% after reporting profit that in-line with estimates on revenue that was a bit light. The company reaffirmed its fiscal 2014 revenue outlook and said it expects same-store sales growth for 2014 to be in the mid-single digits... Microsoft (MSFT) gained 2.8% after reporting earnings that beat expectations on revenues that were roughly in-line with estimates. The company added that it sold 1.2M Xbox One units during the quarter and said Windows volume licensing revenue grew 11%. UP AFTER EARNINGS: Baidu (BIDU), up 5.5%... Deckers Outdoor (DECK), up 6.3%... Synaptics (SYNA), up 7.8%. ALSO HIGHER: Clean Harbors (CLH), up 7% after Relational Investors reported a 9% stake in the company, adding that it has been in dialogue with the company's management regarding certain actions the fund believes Clean Harbors can take to enhance shareholder value... Under Armour (UA), up 2.5% after it was announced the company will join the S&P 500 as of the close on April 30. DOWN AFTER EARNINGS: Dow member Visa (V) fell 3.5% despite reporting earnings and revenue that topped estimates. The company said it expects earnings per share growth for its fiscal 2014 in the mid-to-high teens... Pandora (P), down 4% after its second quarter outlook disappointed. The streaming internet radio company did, however, raise its fiscal 2014 profit and sales outlooks... Cliffs Natural (CLF), down 4%.
16:59 EDTFBOn The Fly: Closing Wrap
Subscribe for More Information
16:21 EDTVVisa says Q2 payments volume growth was 12% over the prior year
Subscribe for More Information
16:19 EDTVVisa sees FY14 EPS growth mid-to-high teens, consensus $8.88
Visa sees annual net revenue growth: Low double-digit constant revenue growth in the 10-11% range, with an expectation of two percentage points of negative foreign currency impact. Consensus is for revenue of $12.93B.
16:13 EDTVVisa reports adjusted Q2 EPS $2.20, consensus $2.18
Subscribe for More Information
16:01 EDTFBOptions Update; April 24, 2014
Subscribe for More Information
15:26 EDTVNotable companies reporting after market close
Subscribe for More Information
14:25 EDTVVisa April weekly volatility elevated into Q2 and outlook
Subscribe for More Information
14:15 EDTVEarnings Preview: Visa to report results amid mixed signs for credit cards
Visa (V) is scheduled to report second quarter earnings after the market close on Thursday, April 24, with a conference call scheduled for 5:00 pm ET. Visa is a credit card network. EXPECTATIONS: Analysts are looking for earnings per share of $2.18 on revenue of $3.19B, according to First Call. The consensus range for EPS is $2.12-$2.26 on revenue of $3.15B-$3.22B. LAST QUARTER: Visa reported higher than expected first quarter profits and revenue. The company reiterated its guidance for fiscal EPS growth in the mid to high teen percentage levels. It reported that its payments volume, on a constant dollar basis, had grown 11% year-over-year to $1.2 T. METRICS: The credit card metrics reported by the nation's largest banks for Q1 have mostly been positive. Wells Fargo (WFC) reported that its average credit card balance had risen to over $26,000 last quarter, up from over $24,000 in the same period a year earlier. The proportion of Wells' retail banking customers that utilized the bank's credit cards rose to 38%, versus 34% in the first quarter of 2013. And JPMorgan's (JPM) credit card volume rose 10% last quarter, versus the first quarter of 2013. On the other hand, revenue from Citigroup's (C) credit cards were roughly flat year-over-year. Credit metrics at the major banks that reported their Q1 results have generally improved. American Express (AXP) last week reported higher than expected Q1 EPS but lower than expected revenue. Discover (DFS) reported higher than expected Q1 EPs and revenue that was in-line with analysts' expectations. STREET RESEARCH: Janney Capital upgraded Visa to Buy from Hold in a note to investors on April 15. The stock's previous decline created an attractive entry point, as the company has one of the better business models in the payments sector, the firm contended. Visa's EPS can grow 15%-20%, the firm stated. Meanwhile, research firm Oppenheimer wrote on April 17 that Visa's fundamental environment remains stable, while the company's results should stay solid. The firm recommended that investors use the recent weakness in the stock to become more aggressive on the shares. Oppenheimer kept an Outperform rating on Visa. PRICE ACTION: Visa is up 25% in the last year, but it has only gained 3% in the last six months.
13:42 EDTKOCoca-Cola names Kathy N. Waller as CFO, effective immediately
The Board of Directors of The Coca-Cola Company elected Kathy N. Waller as Executive Vice President and CFO, effective immediately. As announced in February, Waller, is replacing Gary Fayard who is retiring after 20 years with the company.
12:50 EDTFBOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday following reports from some of the biggest names in technology and ahead of reports tonight from several other tech giants. The averages opened in positive territory, with the tech-heavy Nasdaq up more than 1% soon after the opening bell. The index was unable to hold its early gains and moved into negative territory, taking the other major averages with it. The indexes were able to keep their losses to a minimum and eventually regrouped and made it back onto positive ground, where they stood near noon. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 24K from the prior week to 329K in the week ended April 19, which was above the 315K consensus forecast of analysts, though there may have been some impact from Easter as the Bureau of Labor Statistics noted difficulty adjusting the data around the holiday. Durable goods orders rose 2.6% in March, beating the 2.0% increase that was forecast. Outside the U.S., Russia said it launched military exercises along the Ukrainian border after Ukrainian forces killed pro-Russian militants. COMPANY NEWS: Shares of Apple (AAPL) advanced more than 8% after the company reported significantly better than expected quarterly earnings and sales, particularly sales of its iPhone. Apple also announced a 7-for-1 stock split that will take effect in June, along with an 8% increase in its quarterly dividend and a $30B increase in its share repurchase authorization. Following last night's report, CLSA upgraded its rating on Apple shares to Buy from Outperform and raised its price target for the stock to $695 from $610, while Jefferies recommended "aggressively" buying shares following the Q2 results and outlook for Q3... Another tech giant, Facebook (FB), also reported earning and revenue that topped expectations last night, sending its shares higher in after-hours trading and prompting a number of price target hikes among Street analysts. However, Facebook also announced that its CFO David Ebersman will step down, to be succeeded by David Wehner, who is currently the company's Vice President of Corporate Finance and Business Planning. The social network operator traded on both sides of the flat-line this morning, but was up a bit over 1% at midday... Shares of General Motors (GM) fell about 2% after the company reported profits that narrowly edged out expectations but revenues that fell short of expectations. GM said its core operating performance has been on plan for the year CEO Mary Barra said the company has seen "no meaningful slowdown" in its U.S. sales despite the negative publicity related to its ongoing ignition switch recall and associated legal matters. MAJOR MOVERS: Among the notable gainers was orthopedic device maker Zimmer Holdings (ZMH), which climbed 11% after it agreed to merge with privately held Biomet in a cash and stock transaction valued at about $13.35B, including the assumption of net debt. Also higher following their earnings reports were Citrix Systems (CTXS), which rose 10%, D.R. Horton (DHI), which gained more than 7%, and Aetna (AET), which advanced 6%. Among the noteworthy losers was chip making giant Qualcomm (QCOM), which slid 3.5% despite reporting profits that beat expectations and raising its yearly EPS outlook, as the company also disclosed the receipt of a notice from the SEC about a potential filing of an enforcement action against the company related to anti-bribery violations. Also lower following their earnings reports were Xilinx (XLNX), which fell about 9%, Raytheon (RTN), which dropped 4%, and Hershey (HSY), which also declined about 4%. INDEXES: Near midday, the Dow was up 19.49, or 0.12%, to 16,521.14, the Nasdaq was up 25.91, or 0.63%, to 4,152.87, and the S&P 500 was up 5.35, or 0.29%, to 1,880.74.
12:14 EDTFBStocks with call strike movement; FB SODA
Subscribe for More Information
12:05 EDTIBMIBM announces new investments in U.S. federal healthcare practice
Subscribe for More Information
11:58 EDTFBFacebook acquires Moves
Subscribe for More Information
11:14 EDTFBFacebook announces launch of FB Newswire tool for journalists
Facebook earlier today announced FB Newswire. The tool, powered by Storyful, aggregates newsworthy content shared publicly on Facebook by individuals and organizations across the world for journalists and newsrooms to use in their reporting. Reference Link
10:56 EDTFBOptions with decreasing implied volatility: IRBT FB FTNT ILMN CMG
Subscribe for More Information
10:15 EDTFBFacebook reverses from earlier highs, levels to watch
Subscribe for More Information
10:00 EDTTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:23 EDTIBMLenovo set to hire IBM senior execuives for server business, DigiTimes reports
Lenovo (LNVGY) has picked up its pace over the acquisition of IBM's (IBM) entry-level server business, reports DigiTimes. According to sources from the upstream supply chain, some of IBM's senior executives are expected to join Lenovo in May and upstream suppliers are currently aggressively competing for related orders. Lenovo is set to have the new business operate independently for first two years before merging the product lines in 3-5 years. Reference Link
08:59 EDTFBOn The Fly: Pre-Market Movers
Subscribe for More Information
08:22 EDTIBMIBM to manage global IT infrastructure for Fiat, Chrysler, CNH Industrial
Subscribe for More Information
07:51 EDTFBFacebook price target raised to $75 from $70 at Canaccord
Canaccord raised its price target on Facebook following strong Q1 results. The firm cited the shift to higher price mobile/news feed ad paradigm, expectations for monetization improvements, and accelerating revenue growth. Shares are Buy rated.
07:35 EDTFBFacebook price target raised to $80 from $67 at Cantor
Subscribe for More Information
07:32 EDTFBFacebook reiterated as a Buy, target to $84 at BofA/Merrill
Subscribe for More Information
07:28 EDTFBFacebook price target raised to $77 from $66 at FBR Capital
Subscribe for More Information
07:22 EDTFBFacebook price target raised to $79 from $70 at Oppenheimer
Subscribe for More Information
07:11 EDTFBFacebook price target raised to $85 from $80 at Jefferies
Jefferies raised its price target for Facebook shares to $85 citing an improved growth outlook following the company's Q1 results and keeps a Buy rating on the stock. The firm says Facebook's mobile business is accelerating.
07:00 EDTFBFacebook shares no longer poised to go straight up, says Stifel
Subscribe for More Information
06:47 EDTTAT&T downgraded to Long-Term Buy from Buy at Hilliard Lyons
Subscribe for More Information
06:44 EDTFBFacebook price target raised to $75 from $70 at Canaccord
Subscribe for More Information
06:01 EDTFBFacebook says Messenger, Instagram both reached 200M monthly active users in Q1
Comment was made on yesterday's Q1 earnings conference call.
05:59 EDTFBFacebook price target raised to $85 from $76 at Deutsche Bank
Subscribe for More Information
05:57 EDTFBFacebook price target raised to $76 from $67 at Piper Jaffray
Subscribe for More Information
05:36 EDTFBMillicom extends partnership with Facebook to bring access to East Africa
Subscribe for More Information
April 23, 2014
19:13 EDTFBOn The Fly: After Hours Movers
Subscribe for More Information
17:59 EDTFBFacebook says planning to do more in private content
Subscribe for More Information
17:25 EDTFBFacebook sees advertising revenue declining through the year
Subscribe for More Information
17:24 EDTFBFacebook sees FY14 adjusted expenses growing 40%-45%
Comment from Q1 conference call.
17:22 EDTFBFacebook reports Q1 revenue from advertising $2.27B, up 82% YoY
Revenue from advertising was $2.27B, an 82% increase from the same quarter last year. Mobile advertising revenue represented approximately 59% of advertising revenue for the first quarter of 2014, up from approximately 30% of advertising revenue in the first quarter of 2013. Payments and other fees revenue was $237M for the first quarter of 2014.
17:17 EDTFBFacebook says simplifying and enhancing ad tools for advertisers
Subscribe for More Information
16:57 EDTTOn The Fly: Closing Wrap
Subscribe for More Information
16:06 EDTFBFacebook shares up 1% after Q1 results
Subscribe for More Information
16:05 EDTFBFacebook reports Q1 free cash flow $922M
Subscribe for More Information
16:04 EDTFBFacebook reports monthly active users 1.28B as of March 31
Subscribe for More Information
16:04 EDTFBFacebook reports mobile daily active users up 43% to 609M in March
Subscribe for More Information
16:03 EDTFBFacebook reports March daily active users 802M
Subscribe for More Information
16:02 EDTFBFacebook CFO Ebersman to step down
Facebook (FB) announced that David Ebersman has informed the company of his intention to step down as CFO after serving in the position for almost five years. On June 1, he will be succeeded as CFO by David Wehner, currently Facebook's Vice President, Corporate Finance and Business Planning. Ebersman will remain with the company through September to ensure a seamless transition of his responsibilities. Wehner joined Facebook in November 2012 from Zynga (ZNGA), where he served as CFO.
16:01 EDTFBFacebook reports Q1 EPS 34c, consensus 24c
Reports Q1 revenue $2.5B, consensus $2.36B.
16:00 EDTFBOptions Update; April 23, 2014
iPath S&P 500 VIX Short-Term Futures up 12c to 41.01. Option volume leaders: AAPL C GILD GOOG TSLA ZNGA TWTR FB according to Track Data.
15:55 EDTTNew FCC proposal to let ISPs charge for special access, WSJ says
The Federal Communications Commission plans to propose new "net neutrality" rules on Thursday that would block Internet service providers from discriminating against specific websites, but would allow providers to charge content companies for preferential treatment of their traffic, according to The Wall Street Journal, citing a person familiar with the proposal. Netflix (NFLX) CEO Reed Hastings had been outspoken in the past in his opposition of the FCC's previous net neutrality rules. Broadband ISPs include Comcast (CMCSA), Time Warner Cable (TWC), Cablevision (CVC), Verizon (VZ), and AT&T (T). Reference Link
15:41 EDTFBNotable companies reporting after market close
Subscribe for More Information
15:37 EDTTFCC to propose to let ISPs charge content companies for special access, DJ says
Subscribe for More Information
15:24 EDTFBFacebook technical comments ahead of results
The shares have been stuck in a range of $59 at the low to a high of $65 since hitting peak price in early March. These bounds of range give us a guide for knowing when shares will have resolved, bullishly or bearishly. On better than expected news, a breakout above $65 would confirm that the shares are back on a bullish footing. Similarly, a breakdown below $59 would be an indication of deteriorating technicals and would be bearish for price. Resistance above $65 is at $67.09, and then at $69.63. Support below $59 is at $56.30, and then at $53.53.
15:18 EDTIBMBuffett says bought IBM shares 'this year'
Subscribe for More Information
15:18 EDTKOBuffett says not selling any shares of Coca-Cola
Buffett, speaking in interview on CNBC, also said the right CEO is running the company.
14:12 EDTIBMIBM launches new servers
Subscribe for More Information
14:11 EDTFBFacebook April weekly 62 straddle priced for 10% move into Q1
13:58 EDTKOCoca-Cola holders approve executive comp and equity plans, Bloomberg says
Subscribe for More Information
12:52 EDTFBEarnings Preview: Facebook shares up more than 15% since last earnings report
Facebook (FB) is expected to report first quarter earnings after the market close on Wednesday, April 23 with a conference call scheduled for 5:00 pm ET. Facebook is a social networking service with over 1B active users. EXPECTATIONS: Analysts are looking for earnings per share of 24c on revenue of $2.36B. The consensus range is 19c-30c for EPS, and $2.14B-$2.52B for revenue, according to First Call. LAST QUARTER: Facebook reported fourth quarter EPS of 31c against estimates of 27c, on revenue of $2.59B against estimates of $2.33B. The company reported daily active users of 757M on average for December, with Q4 revenue from advertising up 76% year-over-year to $2.34B. Mobile advertising revenue in Q4 represented 53% of the advertising revenue. NEWS: Facebook acquired messaging service WhatsApp for $16B, believing it is on a "clear path" to having 1B users and CEO Mark Zuckerberg saying it is "probably" worth more than $19B. WhatsApp recently announced that there are half a billion regular users of the app. Facebook also acquired Oculus for $2B, and the Wall Street Journal reported it acquired Titan Aerospace for an undisclosed amount. In the past quarter, Instagram reported over 200M monthly active users by the end of March. STREET RESEARCH: Analysts were mixed on Facebook's acquisition of WhatsApp. Piper Jaffray said the acquisition was neutral at best and is "beyond the typical overpaying." Facebook was downgraded at Argus due to possible risks in acquisition including a substantial write down should the texting platform not reach a billion users. Jeffries, on the other hand, said the acquisition could disrupt the global paid messaging industry. JMP Securities adds the acquisition is highly strategic and Stifel says it helps mute the risk that Google (GOOG) could enter the social media and communications market in a real way. The company's price target was raised at Sterne Agee, UBS, and Citigroup following the acquisition with Sterne Agee saying the application could reach 2B users and generate ARPU of $2.50 at 80% margins over the long-term. Analysts were more positive on the Oculus acquisition, with Piper Jaffray calling it a "major offensive move for the future" and JMP Securities saying it could create new opportunities over the next 5-10 years. Pacific Crest, however, says Facebook is unlikely to receive a significant return on the deal any time soon. Ahead of Q1 earnings, SunTrust says shares should be bought due to a rebounding revenue growth. Deutsche Bank and JMP Securities say that consensus estimates are catching up and the strong Q1 results may have already been factored into the consensus numbers. PRICE ACTION: Facebook shares have gained over $8.00, or over 15%, since the first day of trading following the company's Q4 report. In Wednesday afternoon trading ahead of its Q1 report, Facebook shares are down 2.25%.
12:51 EDTTOn The Fly: Midday Wrap
Subscribe for More Information
12:01 EDTFB Stocks with call strike movement; FB MU
Subscribe for More Information
11:44 EDTFBFacebook gets FTC approval to acquire Oculus, Reuters says
The Federal Trade Commission has given Facebook antitrust approval to acquire virtual reality goggle maker Oculus VR, says Reuters. Reference Link
10:21 EDTTAT&T slumps after failing to raise profit guidance
Subscribe for More Information
09:16 EDTTOn The Fly: Pre-market Movers
Subscribe for More Information
08:15 EDTFBFacebook April weekly volatility elevated at 153 into Q1 and outlook
Subscribe for More Information
06:24 EDTINTCIntel to launch Bay Trail-Entry to tap entry-level tablet market, DigiTimes says
Subscribe for More Information
05:54 EDTTStocks with implied volatility movement; T YUM
Stocks with implied volatility movement; AT&T (T) 16, Yum! Brands (YUM) 29 according to iVolatility.
April 22, 2014
19:09 EDTTOn The Fly: After Hours Movers
Subscribe for More Information
18:18 EDTTAT&T says had best revenue growth in more than two years during Q1
Subscribe for More Information
16:57 EDTTAT&T sees $1.2B of integration costs from Leap acquisition over next two years
Subscribe for More Information
16:33 EDTTOn The Fly: Closing Wrap
Subscribe for More Information
16:30 EDTTAT&T raises FY14 revenue growth view to 4% or greater
Prior view was growth of 2%-3%. FY14 consensus $132.24B.
16:08 EDTTAT&T added more than 1M subs in Q1
AT&T added more than 1M subscribers in the first quarter, with year-over-year improvements in every category. Total wireless subscribers increased by 1,062,000 in the quarter, led by 625,000 postpaid net adds and 693,000 connected device net adds. This was the strongest first-quarter postpaid growth in five years. These gains were offset somewhat by a net loss of 50,000 prepaid subscribers, due to declines in session-based tablets, and a net loss of 206,000 reseller subscribers, primarily due to losses in low-revenue 2G subscriber accounts. Prepaid net adds include first-quarter results from Leap Wireless only after AT&T acquired the company on March 13. Postpaid net adds include 311,000 smartphones. Total branded smartphone net adds (both postpaid and prepaid) were 566,000. Total branded tablet net adds were 313,000.
16:07 EDTTAT&T reports Q1 postpaid net adds of 625,000
Subscribe for More Information
16:05 EDTTAT&T reports Q1 wireless revenue up 7% versus year ago period
Subscribe for More Information
16:04 EDTTAT&T reports Q1 free cash flow $3B, cash from operations $8.8B
16:04 EDTFBOptions Update; April 22, 2014
Subscribe for More Information
16:03 EDTTAT&T sees FY14 adjusted EPS growth in the mid-single digit range
Consensus $2.71. Sees FY14 consolidated revenue growth of 4% or greater, consensus $132.24B. Sees FY14 CapEx in $21B range. Sees FY14 Free cash flow in the $11B range, which anticipates strong AT&T Next take rates and Leap costs.
16:01 EDTTAT&T reports Q1 adjusted EPS 71c, consensus 70c
Reports Q1 revenue $32.5B, consensus $32.44B.
15:32 EDTTNotable companies reporting after market close
Subscribe for More Information
15:02 EDTKOWintergreen sends letter to Coca-Cola's shareholders
Subscribe for More Information
14:28 EDTKOSunEdison, Conn's rally after Greenlight discloses new stakes
Subscribe for More Information
14:22 EDTFBFacebook's WhatsApp says 'half a billion people' now regular users of app
Subscribe for More Information
10:06 EDTFBFacebook rises after Credit Suisse ups rating ahead of earnings
Shares of Facebook (FB) are climbing after Credit Suisse upgraded the stock in a note to investors last night. WHAT'S NEW: Credit Suisse analyst Stephen Ju now expects Facebook to obtain more revenue, on average, from each of its users than the firm had previously anticipated. New products that Facebook is developing should enable the company to obtain more revenue over the medium to long term without boosting its ad loads, the analyst contends. Other analysts are underestimating the amount of revenue that Facebook's new products will generate, added Ju. He upgraded Facebook to Outperform from Neutral and raised his price target on the shares to $87 from $65. WHAT'S NOTABLE: Yesterday research firm JMP Securities increased its first quarter estimates for Facebook, saying that the company's investments are causing advertisers to buy more ads on the website. The firm expects the social network's ad sales to continue to be strong as it launches new types of ads. It reiterated an $82 price target and Outperform rating on the stock. Facebook is expected to report first quarter earnings after the market close on Wednesday, April 23, with a conference call scheduled for 5:00 pm ET. PRICE ACTION: In early trading, Facebook climbed $1.47, or 2.4%, to $62.71.
10:02 EDTTBofA/Merrill's telecom analysts hold an analyst/industry conference call
Subscribe for More Information
10:00 EDTFBOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:42 EDTTAT&T fiber build an incremental positive for Calix, says UBS
Subscribe for More Information
09:16 EDTFBOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Netflix (NFLX), up 8%... Harley-Davidson (HOG), up 7%... PLX Technology (PLXT), up 8%... Illinois Tool (ITW), up 2.3%... Comcast (CMCSA), up 1%... McDonald's (MCD), up 0.6%. ALSO HIGHER: Allergan (AGN), up 17% after Valeant (VRX) confirms proposal to combine with the company for $48.30 and 0.83 shares of stock. Valeant is up 5% following its confirmation of the news that broke last night... GlaxoSmithKline (GSK), up 4.5% after agreeing to sell oncology products for $14.5B to Novartis (NVS) and buy Novartis' Vaccines business, currently excluding its flu business, for $7.1B plus royalties. Novartis shares trading in New York are also up 1% following the deals... Revance Therapeutics (RVNC), up 20% after announcing positive results from RT002 Phase 1/2 study... Facebook (FB), up 2% following upgrade at Credit Suisse. DOWN AFTER EARNINGS: Xerox (XRX), down 4%... Lexmark (LXK), down 4.8%. ALSO LOWER: Allison Transmission (ALSN), down 4% after filing to sell 25M shares for holders... FireEye (FEYE), down 2.9% after filing to sell 13.3M shares of common stock for holders... Bebe stores (BEBE), down 16% after reporting preliminary Q3 losses that were steeper than the consensus estimate.
09:07 EDTTAT&T, Chernin create venture to acquire, invest in, launch online video business
AT&T and The Chernin Group, which manages and invests in media businesses around the world, announced the formation of a venture to acquire, invest in and launch over-the-top video services. The Chernin Group and AT&T have committed over $500M in funding to the venture. Further financial terms of the transaction have not been disclosed. This alliance positions AT&T and The Chernin Group to take advantage of the rapid growth of online video and OTT video services, with each party bringing significant and complementary strengths. The strategic goal of this initiative will be to invest in advertising and subscription VOD channels as well as streaming services.
09:06 EDTTAT&T, Chernin create venture to acquire, invest in, launch online video business
Subscribe for More Information
07:25 EDTIBMNatural E Creative Group to hold a summit
Subscribe for More Information
07:24 EDTMA, FB, VSourceMedia to hold a forum
26th Annual Card Forum & Expo is being held in Orlando on April 22-25.
07:20 EDTFBFacebook volatility elevated into Q1 and outlook
Subscribe for More Information
07:20 EDTKOCoca-Cola may have tough time beating Pom false-advertising suit, WSJ says
Subscribe for More Information
07:16 EDTTiPhone sales could be hurt by fading phone subsidies, WSJ reports
Sales of Apple's (AAPL) iPhones may be further pressured as carriers make faster progress in transitioning customers away from subsidies, the Wall Street Journal reports. U.S. wireless carriers like T-Mobile US (TMUS) and AT&T (T) have been having more success than expected in moving customers to non-subsidy plans, a transition that could harm sales of expensive handsets such as the iPhone. Reference Link
07:10 EDTTNetflix blames AT&T for below-average streaming speeds, Bloomberg says
Subscribe for More Information
06:11 EDTKOCoca-Cola implied volatility of 12 at lower end of index mean range
Subscribe for More Information
April 21, 2014
16:39 EDTKOWintergreen Advisers sends second letter to Buffet on Coca-Cola equity plan
As investors continue to prepare to cast their proxy ballots ahead of the Coca-Cola Company (KO) annual shareholders’ meeting on April 23, David Winters, CEO of Wintergreen Advisers, sent a second letter to Coca-Cola’s largest shareholder, Warren Buffett, CEO of Berkshire Hathaway (BRK.A, BRK.B). Winters wrote, “We do not believe it would be consistent with Berkshire’s long ingrained culture to support such a plan at any of your equity holdings, much less one worth nearly $16 billion. If the proposed 2014 Coca Cola Equity Plan were to be approved by its shareholders, the implication for investment returns in our country may be devastating.”
16:32 EDTFBFacebook upgraded to Outperform, price target raised to $87 at Credit Suisse
Subscribe for More Information
16:07 EDTFBFacebook upgraded to Outperform from Neutral at Credit Suisse
15:13 EDTTAT&T April weekly volatility at 25 into Q1 and outlook
Subscribe for More Information
14:22 EDTYHOOYahoo holdings cut by Fidelity ahead of Alibaba IPO, WSJ says
Subscribe for More Information
13:44 EDTFBFacebook rises after report says mobile ad network coming soon
Subscribe for More Information
13:12 EDTTEarnings Preview: AT&T sentiment mixed ahead of Q1 report
AT&T (T) is expected to report Q1 earnings after the market close on Tuesday, April 22, with a conference call scheduled for 4:30 pm ET. AT&T is a global telecommunications company offering wireless and long distance services. EXPECTATIONS: Analysts are looking for EPS of 70c on revenue of $32.41B, according to First Call. The consensus range for EPS is 64c-74c on revenue of $31.96B-$33.24B. LAST QUARTER: AT&T reported Q4 adjusted EPS of 53c against estimates for 50c, on revenue of $33.2B against estimates for $33.06B. Q4 postpaid churn was reported at 1.11%. AT&T reported the following in Q4: more than 500,000 branded smartphone net adds, including postpaid and prepaid; wireless operating income $1.4B; total postpaid ARPU up 2.1%; net increase in total wireless subscribers 809,000; connected device adds 398,000. On its Q4 earnings report, the company forecast FY14 adjusted EPS growth in the mid-single digits compared to a consensus at the time of $2.67. It expected FY14 revenue growth of 2%-3%, compared to the then consensus of $131.12B. On March 31, the board of AT&T authorized the repurchase of up to 300M shares, representing approximately 6% of AT&T common shares outstanding, with no expiration date. Due to the large share buyback program, The New York times noted that AT&T would be less likely to make a bid for Vodafone (VOD), something that had been speculated throughout the quarter. STREET RESEARCH: Street research has been mixed in the weeks leading up to AT&T's Q1 earnings report. On February 11, Drexel Hamilton initiated AT&T with a Buy rating and price target of $40. On March 25, HSBC downgraded AT&T to Neutral from Overweight based on expectations for increased industry price competition and a peak margin expansion. The firm lowered its price target on the shares to $35 from $39. PRICE ACTION: AT&T’s shares are up approximately 6% since the company's Q4 report, but are down about 6% from year ago levels. In early afternoon trading ahead of tomorrow's Q1 report, AT&T’s shares are trading near the flat line.
12:06 EDTTAT&T to expand GigaPower web service to up to 100 cities
Subscribe for More Information
11:10 EDTFBFacebook to introduce plans for mobile ad network, Re/code says
Facebook is planning to disclose plans for a for a mobile ad network and will demonstrate the ads to publishers and developers as a way to leverage the company's database of user information for more effective ad targeting, says Re/code. According to sources, Facebook will introduce its plans for its mobile ad network at its “F8″ developer conference at the end of the month, added Re/code. Reference Link
10:37 EDTKMBKimberly sees diapers, personal care products bigger future online sellers
Subscribe for More Information
10:15 EDTKMBKimberly Clark sees FY14 organic sales up 3%-5%
Subscribe for More Information
10:00 EDTKMBKimberly Clark says on track with capital spending plans to grow business
Subscribe for More Information
08:59 EDTFBFacebook gives some 'Paper' data, but not users, WSJ says
Facebook disclosed at the end of last week that users of its mobile newsreader app “Paper” view an average of 80 stories a day, but the social network gave no data on how many people have downloaded the app, reported The Wall Street Journal. Reference Link
08:14 EDTFBFacebook Q1 estimates raised ahead of earnings at JMP Securities
Subscribe for More Information
07:43 EDTINTCSMART Technologies announces share structure changes after board resignations
Subscribe for More Information
07:35 EDTKMBKimberly Clark to continue analyzing potential spin-off of health care business
Subscribe for More Information
07:34 EDTKMBKimberly Clark backs FY14 adjusted EPS $6.00-$6.20, consensus $6.11
The company continues to expect that total after tax charges will be between $300M-$350M, while pre-tax charges are expected to be slightly higher than the previously communicated range of $350M-$400M. Cash costs are projected to be 50%-55% of total charges. First quarter 2014 restructuring costs were $10M pre-tax, bringing cumulative costs to $390M pre-tax.
07:31 EDTKMBKimberly Clark reports Q1 adjusted EPS $1.48, consensus $1.47
Subscribe for More Information
07:12 EDTIBMU.S. judge allows GM South Africa apartheid lawsuit, Bloomberg says
Subscribe for More Information
06:26 EDTFB, INTCCourt documents say Silicon Valley giants discussed hiring, WSJ says
Google (GOOG), Apple (AAPL), Intel (INTC) and Adobe (ADBE had colluded with one another to supress wages between 2005 and 2009, reports the Wall Street Journal, citing documents from an antitrust case. The companies had agreed not to poach each other's employees among other things. The companies had also tried to bring Facebook (FB) on board, but Facebook rejected the offer. Reference Link
April 20, 2014
17:11 EDTTVerizon, AT&T may be limited in upcoming spectrum auction, WSJ says
Subscribe for More Information
April 17, 2014
18:27 EDTINTCAMD rallies after results top expectations
Shares of global semiconductor company Advanced Micro Devices (AMD) are advancing in the after-hours session after the company's first quarter results topped analysts' consensus estimates. WHAT'S NEW: After the bell, AMD reported Q1 adjusted earnings per share of 2c and revenue of $1.4B, compared to expectations of 0c and $1.34B, respectively. WHAT'S NOTABLE: The company forecast Q2 revenue flat to up 6%, compared to consensus of $1.36B. For fiscal 2014, the company expects to grow revenue on a year-over-year basis, and be profitable at the net income level. FY14 CapEx is expected to be approximately $120M. PRICE ACTION: In after-hours trading, AMD gained 23c, or about 6.2%, to $3.92. AMD's stock is up about 48% over the past twelve months, not including after-hours trading. OTHERS TO WATCH: Other companies in the semiconductor space space include Intel (INTC), Texas Instruments (TXN), and Micron Technology (MU).
17:54 EDTIBMInvestors should stay away from IBM for now, Barron's says
Subscribe for More Information
16:45 EDTIBMMarket swings to gains in holiday-shortened week
Subscribe for More Information
16:31 EDTIBMOn The Fly: Closing Wrap
Subscribe for More Information
15:29 EDTKMBNotable companies reporting before Monday's open
Subscribe for More Information
14:28 EDTFBFacebook announces new feature called 'Nearby Friends'
Subscribe for More Information
13:01 EDTKOInterContinental Hotels, Coca-Cola in strategic alliance
Subscribe for More Information
12:53 EDTIBMOn The Fly: Midday Wrap
Subscribe for More Information
12:01 EDTINTCTSMC climbs after profit beats expectations
Subscribe for More Information
10:17 EDTFBStocks with call strike movement; FB NFLX
Subscribe for More Information
10:11 EDTYHOOHigh option volume stocks: CMG INFY GOOGL GOOG SNDK MAT YHOO BX KSU GILD
Subscribe for More Information
09:35 EDTIBMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GOOGL GOOG NFLX TSLA AMZN GOLG NOV AA IBM
08:58 EDTIBMOn The Fly: Pre-market movers
Subscribe for More Information
08:46 EDTIBMIBM profit cycle has bottomed, says Cantor
Subscribe for More Information
08:39 EDTFBFacebook volatility elevated into Q1 and outlook
Facebook April weekly call option implied volatility is at 100, May is at 68, June is at 55; compared to its 26-week average of 44 according to Track Data, suggesting large price movement into the expected release of Q1 results on April 23.
07:50 EDTJAHJarden weakness creates buying opportunity, says Oppenheimer
Subscribe for More Information
07:46 EDTTAT&T to possibly sit out of U.S. spectrum auction, Reuters says
Subscribe for More Information
07:45 EDTMA, VVisa, MasterCard should report solid Q1 results, says Oppenheimer
Oppenheimer believes that the fundamental environment for Visa (V) and MasterCard (MA) is "relatively stable." The firm expects the companies to reaffirm their full-year guidance, and recommends using the stocks' recent weakness to become more aggressive. The firm keeps Outperform ratings on both stocks.
07:24 EDTIBMFutures lower as earnings disappoint
U.S. equity futures are lower following disappointing earnings reports from tech giants IBM (IBM) and Google (GOOG). Earnings will be taking center stage for the next few weeks Meanwhile, investors will continue to analyze economic data. Expected to be released today are weekly jobless claims data and the natural gas inventory report.
07:20 EDTYHOOWeibo grosses $285.6M in IPO with low-end pricing, Bloomberg says
Weibo, the Chinese microblogging service owned by Sina (SINA) and Yahoo's (YHOO) Alibaba, grossed $285.6M in its U.S. IPO after pricing the shares on the lower-side of a marketed range, reported Bloomberg. Reference Link
07:13 EDTYHOOAfter Alibaba's IPO, Yahoo still poised to gain value, Bloomberg says
Yahoo is selling nearly 40% of its Alibaba stake during the Chinese e-commerce company's IPO, but it still poised to have a large piece of Alibaba afterwards, reported Bloomberg. Reference Link
06:30 EDTIBMIBM price target raised to $197 from $175 at JPMorgan
Subscribe for More Information
06:09 EDTIBMIBM unchanged outlook effectively a guide-down, says UBS
Subscribe for More Information
06:06 EDTIBMIBM price target lowered to $173 at Goldman Sachs
Goldman Sachs says IBM reported "another tough quarter" on weakness in emerging markets and increasing competition in application outsourcing. The firm lowered its price target for shares to $173 from $175 and keeps a Neutral rating on the name.
April 16, 2014
19:32 EDTMAMasterCard acquires Pinpoint
MasterCard announced that it has entered into an agreement to acquire Pinpoint, a provider of loyalty and rewards services to financial institutions across the Asia Pacific region. This acquisition is expected to close in Q2. Financial terms of the deal were not disclosed.
18:55 EDTIBMOn The Fly: After Hours Movers
Subscribe for More Information
17:57 EDTYHOOYahoo nominates three new board members
Yahoo announced the nomination of three new members to the company's board. Shareholders will vote on the nominees at the company's Annual Meeting on June 25. The nominees are David Filo, co-founder, Yahoo! Inc. and Chief Yahoo; Charles R. Schwab, chairman and a director of The Charles Schwab Corporation (SCHW); and H. Lee Scott, Jr., former President and Chief Executive Officer, Walmart (WMT).
17:57 EDTYHOOYahoo seeks default search status for Apple products, Re/code says
Subscribe for More Information
17:55 EDTIBMIBM reports Q1 Global Services total signings $11.2B
Outsourcing signings were $5.5B, and transactional signings were $5.7B. Comments from presentation slides for Q1 earnings.
17:22 EDTIBMIBM says FY14 revenue growth to be impacted by hardware business challenges
Subscribe for More Information
16:54 EDTIBMIBM says still expects to deliver at least $20.00 in operating EPS in 2015
FY15 consensus $19.86. Guidance from Q1 earnings conference call.
16:40 EDTIBM, YHOOOn The Fly: Closing Wrap
Stocks on Wall Street were higher after Fed Chair Janet Yellen struck a dovish tone in comments to the Economic Club of New York, which was in step with the minutes of the last FOMC meeting released last week. The Fed also released its latest Beige Book report, which indicated that economic activity increased in most regions after the severe winter weather that gripped much of the country to start the year had let up. Corporate earnings season continues to pick up steam, with Dow members IBM (IBM) and American Express (AXP), as well as Google (GOOG), reporting after the market close. ECONOMIC EVENTS: In the U.S., housing starts in March were up 2.8% from the prior month to a rate of 946K, versus expectations for an increase of 7%. Building permits were down 2.4% to a 990K rate, versus expectations for a decline of 0.4%. Industrial production rose 0.7% in March, which was ahead of the 0.5% forecast. The Fed's Beige Book report indicated that economic activity rebounded and strengthened in most regions over the last six week. In China, data showed its economy grew 7.4% in the first quarter from a year earlier, providing relief after recent signs that growth in the world's second largest economy has been slowing. COMPANY NEWS: Bank of America (BAC) fell 26c, or 1.59%, to $16.13 after the bank reported a first quarter loss of 5c per share, largely due to $6B in legal charges. Excluding the impact of this litigation expense, which was related to a previously announced settlement with the Federal Housing Finance Agency and other legacy mortgage-related matters, the banking major reported earnings that appeared to beat estimates... Yahoo (YHOO) gained $2.14, or 6.26%, to $36.35 after its quarterly report, with investors reacting most positively to the 66% year-over-year revenue growth reported by Chinese e-commerce company Alibaba, in which Yahoo holds a 24% stake. Yahoo's quarterly profit and revenue also beat expectations and the company's CEO Marissa Mayer said during its earnings webcast that the search giant's core business has moved from declining growth to stable to modest growth. MAJOR MOVERS: Among the notable gainers was CBS Outdoor (CBSO), which jumped $1.94, or 6.69%, to $30.96 after the IRS approved a plan for the company, which was just last week spun-off from its parent CBS (CBS), to convert into a real estate investment trust, or REIT. Other companies seeking REIT status, including Equinix (EQIX), Iron Mountain (IRM) and Lamar Advertising (LAMR), also rose following CBS' announcement. Also higher was drugmaker Zogenix (ZGNX), up 48c, or 20.51%, to $2.82 after confirming that a judge prevented a ban on sales of the company's Zohydro pain medication in Massachusetts. Among the noteworthy losers were U.S.-listed shares of Credit Suisse (CS), which fell 54c, or 1.7%, to $31.22 after the Swiss bank reported net income and revenue that fell when compared to the prior year. Also lower were Agnico Eagle Mines (AEM) and Yamana Gold (AUY) after agreeing to jointly acquire Osisko Mining. Angico shares fell $2.61, or 8.56%, to $27.88, while Yamana was down 36c, or 4.3%, to $8.02. INDEXES: The Dow was up 162.29, or 1.0%, to 16,424.85, the Nasdaq was up 52.06, or 1.29%, to 4,086.23, and the S&P 500 was up 19.33, or 1.05%, to 1,862.31.
16:16 EDTIBMIBM reports Q1 cloud revenue up more than 50%
Subscribe for More Information
16:16 EDTIBMIBM reports Q1 adjusted gross profit margin 47.6%, up 90bps
Subscribe for More Information
16:15 EDTIBMIBM down more than 2% following Q1 results
Subscribe for More Information
16:13 EDTIBMIBM reports Q1 Global Technology Services segment revenues down 3%
Subscribe for More Information
16:11 EDTIBMIBM reports Q1 revenue from growth markets down 11%
Revenues from the company’s growth markets decreased 1%, down 5%, adjusting for currency. Revenues in the BRIC countries — Brazil, Russia, India and China — decreased 11%, down 6%, adjusting for currency.
16:10 EDTIBMIBM reports Q1 revenue from Software segment up 2%
Revenues from the Software segment were up 2% to $5.7B, up 2%, adjusting for currency, compared with the first quarter of 2013. Software pre-tax income decreased 5% and pre-tax margin decreased to 29.1%, including an impact of approximately $0.2B for the workforce rebalancing charge.
16:08 EDTIBMIBM sees FY14 adjusted EPS at least $18.00, consensus $17.84
Subscribe for More Information
16:07 EDTIBMIBM reports Q1 adjusted EPS $2.54, consensus $2.54
Subscribe for More Information
15:17 EDTIBMNotable companies reporting after market close
Subscribe for More Information
15:17 EDTIBMIBM April 195 straddle priced for 3.6% move into Q1
Subscribe for More Information
15:07 EDTIBMIBM technical comments ahead of earnings
Subscribe for More Information
12:47 EDTYHOOOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday as the earnings season picks up steam. Stocks began the session sharply higher, with the market attempting to extend the rally that began on Monday. The move upward comes in spite of the day’s housing data coming in below expectations. This afternoon, investors will be watching the Fed’s Beige Book report in hopes it provides evidence that the economy is strengthening. ECONOMIC EVENTS: In the U.S., housing starts in March were up 2.8% from the prior month to a rate of 946K, versus expectations for an increase of 7%. Building permits were down 2.4% to a 990K rate, versus expectations for a decline of 0.4%. Industrial production rose 0.7% in March, which was ahead of the 0.5% forecast. The Fed’s Beige Book report, which includes anecdotal reports on business conditions in the various Fed districts, is due out at 2:00 pm ET. In China, data showed its economy grew 7.4% in the first quarter from a year earlier, providing relief after recent signs that growth in the world's second largest economy has been slowing. COMPANY NEWS: Shares of Bank of America (BAC) were down over 2% near midday after the company reported a first quarter loss of 5c per share, which was influenced by $6B in legal charges. The $6B in litigation expense, which was related to a previously announced settlement with the Federal Housing Finance Agency and added reserves for other legacy mortgage-related matters, hurt the banks earnings by about 40c per share... Yahoo (YHOO) rose more than 6% after reporting first quarter profit and sales last night that beat expectations. A great deal of attention was also paid to the 66% year-over-year increase in revenue reported by Alibaba, the Chinese group of e-commerce sites in which Yahoo has a 24% stake. This morning, Wells Fargo upgraded its rating on Yahoo to Outperform from Market Perform and raised its price target range for shares to $45-$47 from $38-$40, while Jefferies assumed coverage of Yahoo and also raised its rating on the stock. MAJOR MOVERS: Among the notable gainers was SodaStream (SODA), which surged 9% after an Israeli website said that the company was in talks to sell a 10% or greater stake to a big name company such as PepsiCo (PEP), Dr Pepper Snapple (DPS), or Starbucks (SBUX). Also higher was drugmaker Zogenix (ZGNX), which gained nearly 10% after confirming that a judge prevented a ban on sales of the company's Zohydro pain medication in Massachusetts. Among the noteworthy losers was Agnico Eagle Mines (AEM), which fell 7.5% after agreeing to jointly acquire Osisko Mining in partnership with Yamana Gold (AUY). Yamana shares were also down 3%. Also lower following their earnings reports were ADTRAN (ADTN), which fell nearly 6%, and CSX (CSX), which dropped about 3%. INDEXES: Near midday, the Dow was up 124.14, or 0.76%, to 16,386.70, the Nasdaq was up 37.86, or 0.94%, to 4,072.02, and the S&P 500 was up 13.52, or 0.73%, to 1,856.50.
12:33 EDTIBMIBM sued for over $2.5B by Mexico's Iusacell, Reuters says
Subscribe for More Information
12:30 EDTIBMEarnings Preview: Cantor more upbeat than Citi on IBM ahead of report
Subscribe for More Information
11:08 EDTTAT&T, Volvo partner for in-car wireless connectivity
AT&T and Volvo Cars have entered into a new multi-year agreement to enable future Volvo vehicles in the U.S. and Canada with high speed wireless connectivity. AT&T is scheduled to power Volvo's US 2015 model year connected car solution with Sensus Connect, an embedded infotainment service. Volvo customers in the U.S. and Canada will also have access to Volvo On Call, a service allowing remote access to car functions and an emergency crash notification service. Volvo plans to enable cars with AT&T on-board for sale this summer. As a telematics leader, AT&T already provides a variety of vehicle solutions to automobile manufacturers around the world. Volvo's solution incorporates AT&T's Single SIM platform to provide coverage in the U.S. and Canada. The Single SIM, along with a world-class service management platform, AT&T Control Center powered by Jasper Wireless, arms Volvo with the ability to manage wireless device deployment and operations across markets with advanced diagnostic tools and smart alerting.
10:51 EDTINTCOptions with decreasing implied volatility: DLLR FAST INTC
Subscribe for More Information
10:49 EDTKOSodaStream rallies following report of talks to sell stake to American company
Subscribe for More Information
10:00 EDTINTCOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
10:00 EDTYHOOOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:36 EDTYHOO, FBActive equity options trading on open
Subscribe for More Information
09:28 EDTYHOOOn The Fly: Pre-market Movers
Subscribe for More Information
09:01 EDTYHOOYahoo assumed with a Buy from Hold at Jefferies
Subscribe for More Information
08:56 EDTIBMThe Hartford, IBM announce six-year technology services agreement
The Hartford (HIG) and IBM (IBM) announced a new six-year technology services agreement to implement a new service model that includes a private cloud infrastructure. The Hartford will move to a private cloud-based infrastructure on IBM’s PureFlex System. Under the $500M agreement, IBM will also provide a number of other services related to mainframe, storage, backup and resiliency. The Hartford will define the services it requires, and IBM will be responsible for the solution and delivery of those services.
08:54 EDTYHOOYahoo upgraded to Buy from Hold at Gabelli
Subscribe for More Information
08:20 EDTINTCIntel results, guidance were good, says Wells Fargo
Wells Fargo says that Intel's gross margin for its March quarter beat expectations, while the company guided for sequential revenue growth for its June quarter. The firm thinks the company is making some headway in penetrating the tablet market, and keeps an Outperform rating on the shares.
07:47 EDTYHOOAlibaba's growth quickens, U.S. IPO anticipated next week, Reuters says
Subscribe for More Information
07:43 EDTINTCIntel price target raised to $35 from $32 at Jefferies
Subscribe for More Information
07:42 EDTYHOOYahoo price target raised to $47 from $44 at Bernstein
Subscribe for More Information
07:15 EDTYHOOFutures suggest a higher open
Subscribe for More Information
07:12 EDTYHOOYahoo upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded its rating on Yahoo (YHOO) to Outperform from Market Perform and raised its price target range for shares to $45-$47 from $38-$40. Following the company's Q1 results last night, Wells raised its estimates for Alibaba, which Yahoo has a stake in. It also believes modest improvements in Yahoo's core results should lead to a higher share price.
07:08 EDTVVisa volatility elevated into Q2 and revenue outlook
Subscribe for More Information
07:07 EDTIBMAmazon, Google, Microsoft cut prices for cloud computing products, WSJ says
Subscribe for More Information
06:58 EDTYHOOYahoo seems to be moving towards revenue growth, says Cantor
Subscribe for More Information
06:31 EDTYHOOYahoo upgraded to Outperform from Market Perform at Wells Fargo
06:06 EDTINTCIntel price target raised to $30 from $28 at Deutsche Bank
Deutsche Bank raised its price target for Intel shares to $30 citing the company's "solid" Q1 results. The firm views Intel's second half guidance as conservative and keeps a Buy rating on the stock.
05:43 EDTINTCIntel downgraded to Neutral from Buy at B. Riley
Subscribe for More Information
April 15, 2014
18:58 EDTYHOO, INTCOn The Fly: After Hours Movers
Subscribe for More Information
18:48 EDTINTCIntel CFO says plans to capitalize on the Internet of Things
Subscribe for More Information
17:51 EDTINTCIntel says 'squarely on track' to ship 40M tablet SOC's in 2014
Subscribe for More Information
17:39 EDTYHOOYahoo says Tumblr DAUs up 70% in Q1
Subscribe for More Information
17:07 EDTYHOOYahoo said moving from declining growth to 'stable to modest' growth
Company made on company's Q1 earnings webcast.
16:30 EDTINTCIntel CFO sees gross margins 'in low 60's' in back half of 2014
Says making investments in mobile space. Says companies are buying new PC's to replace older installed base. Intel CFO Stacy Smith is speaking on CNBC.
16:22 EDTKOOn The Fly: Closing Wrap
Subscribe for More Information
16:17 EDTYHOOYahoo now up 9% after reporting Alibaba's Q4 revenue up 66% year-over-year
Subscribe for More Information
16:16 EDTYHOOYahoo sees Q2 revenue ex-TAC $1.06B-$1.1B, consensus $1.08B
Subscribe for More Information
16:15 EDTYHOOYahoo reports Alibaba Q4 net income $1.36B vs $650M for prior year
16:15 EDTINTCIntel reports Q1 PC Client Group revenue $7.9B, down 8% sequentially
Subscribe for More Information
16:14 EDTYHOOYahoo reports Alibaba Q4 revenue $3.06B vs $1.84B for prior yaer
Subscribe for More Information
16:09 EDTYHOOYahoo up about 1% after Q1 results
16:09 EDTINTCIntel rises to new 52-week high after results, first look
Subscribe for More Information
16:08 EDTYHOOYahoo reports paid clicks up 6% in Q1
Subscribe for More Information
16:08 EDTYHOOYahoo repurchased 12M shares for $450M in Q1
Subscribe for More Information
16:07 EDTINTCIntel CEO says saw solid growth in the data center in Q1
"In the first quarter we saw solid growth in the data center, signs of improvement in the PC business, and we shipped 5 million tablet processors, making strong progress on our goal of 40 million tablets for 2014," said Intel CEO Brian Krzanich. "Additionally, we demonstrated our further commitment to grow in the enterprise with a strategic technology and business collaboration with Cloudera, we introduced our second-generation LTE platform with CAT6 and other advanced features, and we shipped our first Quark products for the Internet of Things."
16:07 EDTYHOOYahoo reports Q1 display revenue ex-TAC up 2% to $409M
Subscribe for More Information
16:06 EDTINTCIntel sees Q2 gross margin 63%, plus or minus a couple of percentage points
Subscribe for More Information
16:05 EDTINTCIntel sees FY14 revenue approximately flat, consensus $53.15B
Sees FY14 gross margin 61%, plus or minus a few percentage points. Sees FY14 CapEx $11B, plus or minus $500M.
16:05 EDTYHOOYahoo reports Q1 EPS 38c, consensus 37c
Subscribe for More Information
16:04 EDTINTCIntel reports Q1 gross margin 59.7%
Subscribe for More Information
16:03 EDTINTCIntel sees Q2 revenue $13B, plus or minus $500M, consensus $12.96B
Subscribe for More Information
16:02 EDTINTCIntel reports Q1 EPS 38c, consensus 37c
Reports Q1 revenue $12.8B, consensus $12.81B.
16:00 EDTFBOptions Update; April 15, 2014
Subscribe for More Information
15:19 EDTINTC, YHOONotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Intel (INTC), consensus 37c; Yahoo (YHOO), consensus 37c; CSX (CSX), consensus 37c; Linear Technology (LLTC), consensus 48c; Wintrust Financial (WTFC), consensus 67c.
15:10 EDTINTCIntel April 26 straddle priced for 4% move into Q1
Subscribe for More Information
14:32 EDTYHOOYahoo technical comments ahead of earnings
Subscribe for More Information
14:25 EDTINTCIntel April option elevated into Q1 and outlook
Intel April call option implied volatility is at 41, May is at 21, June and October is at 19; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into the release of Q1 results today after the market close.
13:49 EDTINTCEarnings Preview: Analysts optimistic on Intel ahead of Q1 report
Subscribe for More Information
13:19 EDTFBFacebook volatility increases on sharp sell off into Q1
Subscribe for More Information
13:03 EDTFBFacebook drops sharply on heavy volume, levels to watch
The stock is down 5% to $55.94, heading for a test of support at the $55 area. This was previously a zone of both support and resistance earlier in the year before shares took off to the life high at $72.59. A break below $55 would be bearish, with next major support at $53.55. Resistance is at $56.95.
12:58 EDTKOOn The Fly: Midday Wrap
Subscribe for More Information
12:34 EDTYHOOYahoo April 33 straddle priced for 7.4% move into Q1
12:32 EDTYHOOEarnings Preview: Yahoo shares trading down 10% since last earnings report
Subscribe for More Information
11:23 EDTIBMInfosys falls after quarterly revenue trails estimates
Shares of Infosys (INFY), which consults on business information technology and systems integration, are falling after the company's fourth quarter revenue trailed analysts' consensus estimate. WHAT'S NEW: This morning, Infosys reported fourth quarter earnings per share of 85c and revenue of $2.09B, compared to expectations of 79c and $2.11B, respectively. The company's CEO and Managing Director, S. D. Shibulal, said he was pleased that Infosys was able to double its growth rate for the full year compared to last year, though added that its performance in the last quarter of of the fiscal year had been "disappointing." The company noted that Infosys and its subsidiaries added 50 clients during the quarter and 238 during the year. Infosys forecast FY15 revenue growth of 7%-9%, compared to consensus of $9.06B. WHAT'S NOTABLE: Infosys said its board had decided to increase the dividend pay-out ratio to up to 40% of post-tax profits effective FY14. Infosys' current policy is to pay dividends up to 30% of post-tax profits. OTHERS TO WATCH: Like Infosys, Wipro (WIT) is an IT services and software solution consultant headquartered in India. Others in the business consulting space include Cognizant Technology (CTSH), IBM (IBM) and Accenture (ACN). PRICE ACTION: In late morning trading, Infosys fell $3.49, or about 6.3%, to $52.09 on nearly twice its average daily trading volume. Shares of Cognizant were down about 0.75% to $48.12, while Wipro was up about 2.6% to $13.56.
10:34 EDTKOCoca-Cola sees improving North America soft drink pricing from Q1
Subscribe for More Information
10:07 EDTKOCoca-Cola sees 'significant' currency headwinds for the remainder of this year
Subscribe for More Information
10:00 EDTIBMOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
10:00 EDTV, MA, YHOOOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:36 EDTKOCoca-Cola rises after results, levels to watch
Shares are up 2.7% following results from the company earlier this morning. At that price next resistance is at $40.23, a prior pivot high. Support is at $39.28.
09:35 EDTKOActive equity options trading on open
Subscribe for More Information
09:16 EDTKOOn The Fly: Pre-market Movers
Subscribe for More Information
09:00 EDTKOCoca-Cola rises 2.4%
Subscribe for More Information
08:09 EDTYHOOYahoo slow to add outside board members, Re/code says
Subscribe for More Information
08:08 EDTFBJDSU appoints Facebook Chief Information Officer Tim Campos to board
JDSU (JDSU) announced that Tim Campos has been appointed to its board, effective April 15. Campos is currently the Chief Information Officer and a member of the senior management team at Facebook (FB).
08:06 EDTIBMIBM April volatility elevated at 55 into Q1
Subscribe for More Information
07:34 EDTKOCoca-Cola CEO: Growth momentum improving in line with expectations
Subscribe for More Information
07:34 EDTKOCoca-Cola sees FY14 net share repurchases $2.5B-$3B
Subscribe for More Information
07:34 EDTKOCoca-Cola: Change in exchange rates to have unfavorable impact on op. income
The company says "Based on recent changes to the Venezuelan currency exchange rate mechanisms, we changed the exchange rate we used to remeasure our Venezuelan subsidiary’s financial statements into U.S. dollars... Based on our current projections, we expect this change in exchange rates to have an unfavorable currency impact on our operating income for the remainder of 2014. Additionally, the Venezuelan government issued a new law on fair pricing establishing the maximum profit a business can earn in Venezuela. We are currently evaluating the impact the new law may have on our 2014 operating results. The bottling transactions completed in 2013 are anticipated to have an unfavorable 1% structural impact on both our full-year 2014 net revenues and operating income, with the full impact occurring in the first half of the year. Currency exchange rates are expected to have an unfavorable impact on our reported results in 2014. Based on current spot rates, our existing hedge positions, and the cycling of our prior year rates, we estimate currency will be an approximate 7% headwind on our full-year operating income, and an approximate 7% headwind on our second quarter operating income. This outlook reflects the negative impact of the Venezuela devaluation, partially offset by slight improvements in other currencies as compared to the outlook we provided at the time of our year-end 2013 earnings release."
07:32 EDTKOCoca-Cola reports Q1 comparable EPS 44c, consensus 44c
Subscribe for More Information
06:54 EDTIBMIBM downgraded to Neutral from Buy at Citigroup
Citigroup downgraded its rating on IBM to Neutral from Buy citing valuation and lowered its price target for shares to $200 from $235.
06:53 EDTV, MAAmazon.com rejects bitcoin, doesn't rule out payment network, Re/code says
Subscribe for More Information
06:06 EDTIBMIBM establishes new Big Data & Business Analytics Center of Competence in Greece
IBM has announced that it will establish a new Big Data and Business Analytics Center of Competence in Athens, Greece advancing its ability to deliver Big Data and Business Analytics technical and consulting capabilities in the region, drawing on an emerging generation of highly skilled local expertise. The new center will help companies to better leverage analytics and cognitive computing capabilities, improving business operations and enhancing their competitiveness in the global marketplace.
05:53 EDTVVisa upgraded to Buy from Neutral at Janney Capital
Janney Capital upgraded Visa to Buy citing the recent pullback in shares and raised its price target for the stock to $240 from $210.
05:53 EDTMAMasterCard upgraded to Buy from Neutral at Janney Capital
Subscribe for More Information
05:45 EDTYHOOYahoo upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Yahoo (YHOO) to Outperform citing the 17% pullback in shares since March 5. The firm recommends buying Yahoo ahead of the Alibaba IPO and has a $40 price target for the stock. Yahoo shares closed yesterday up 58c to $33.44 following an upgrade at SunTrust.
05:25 EDTCLX, KMBHPC sector upgraded to Neutral from Cautious at Goldman
Subscribe for More Information
April 14, 2014
15:17 EDTKONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Johnson & Johnson (JNJ), consensus $1.48; Coca-Cola (KO), consensus 44c; Charles Schwab (SCHW), consensus 22c; Northern Trust (NTRS), consensus 78c; Comerica (CMA), consensus 72c; Westamerica (WABC), consensus 58c; Comverse (CNSI), consensus 49c; Pep Boys (PBY), consensus 5c.
15:08 EDTKOEarnings Preview: Coca-Cola shares lag market ahead of Q1 report
Subscribe for More Information
14:38 EDTKOCoca-Cola April 39 straddle priced for 2.1% move into Q1
Subscribe for More Information
14:06 EDTFBGoogle to acquire Titan Aerospace, WSJ says
Subscribe for More Information
12:26 EDTFBOn The Fly: Midday Wrap
Subscribe for More Information
11:59 EDTMAStocks with call strike movement; C MA
Subscribe for More Information
11:11 EDTYHOOVevo and Yahoo expand music video distribution partnership
Subscribe for More Information
10:58 EDTFBFacebook entering China a matter of when, not if, says Topeka
Subscribe for More Information
10:56 EDTV, MAMasterCard, Visa rise after analysts recommend their shares
Subscribe for More Information
10:02 EDTMA, VOn The Fly: Analyst Initiation Summary
Subscribe for More Information
10:02 EDTYHOO, MA, VOn The Fly: Analyst Upgrade Summary
Acorda Therapeutics (ACOR) upgraded to Outperform from Market Perform at FBR Capital... Allegheny Technologies (ATI) upgraded to Neutral from Underperform at Sterne Agee... BP (BP) upgraded to Buy from Hold at Canaccord... Bloomin' Brands (BLMN) upgraded to Buy from Hold at Deutsche Bank... Boardwalk Pipeline (BWP) upgraded to Neutral from Underperform at BofA/Merrill... Boston Scientific (BSX) upgraded at BofA/Merrill... Charles Schwab (SCHW) upgraded to Buy from Neutral at UBS... Citigroup (C) upgraded to Hold from Sell at Rafferty Capital... Community Health (CYH) upgraded to Outperform from Perform at Oppenheimer... Eaton Vance (EV) upgraded to Neutral from Sell at Citigroup... Eli Lilly (LLY) upgraded to Hold from Underperform at Jefferies... F5 Networks (FFIV) upgraded to Buy from Hold at Stifel... HeartWare (HTWR) upgraded to Buy from Neutral at BTIG... Heartland Payment (HPY) upgraded to Hold from Sell at Stifel... Hyatt Hotels (H) upgraded to Outperform from Market Perform at FBR Capital... MasterCard (MA) upgraded to Outperform from Neutral at RW Baird... McDermott (MDR) upgraded to Neutral from Underweight at HSBC... Palo Alto (PANW) upgraded to Overweight at Stephens... PetroChina (PTR) upgraded to Neutral from Underperform at Credit Suisse... Seagate (STX) upgraded to Buy from Hold at Argus... Sensata (ST) upgraded to Buy from Neutral at Citigroup... Stryker (SYK) upgraded to Neutral from Reduce at SunTrust... TD Ameritrade (AMTD) upgraded to Buy from Neutral at UBS... TTM Technologies (TTMI) upgraded to Buy from Hold at Stifel... Transocean (RIG) upgraded to Hold from Sell at Deutsche Bank... VMware (VMW) upgraded to Outperform from Underperform at CLSA... Visa (V) upgraded to Outperform from Neutral at RW Baird... Yahoo (YHOO) upgraded to Buy from Neutral at SunTrust... Zimmer (ZMH) upgraded to Neutral from Reduce at SunTrust... bebe stores (BEBE) upgraded to Buy from Neutral at Janney Capital.
09:54 EDTYHOOYahoo April volatility increases into Q1 and strategy outlook
Yahoo April call option implied volatility is at 76, May is at 46, June is at 39; compared to its 26-week average of 35 according to Track Data, suggesting large near term price movement into the expected release of Q1 results after the market close on April 15.
09:36 EDTFBActive equity options trading on open
Subscribe for More Information
09:10 EDTTT-Mobile CEO starts petition for consumers to call on peers to end overages
Subscribe for More Information
09:05 EDTTT-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
08:59 EDTFB, YHOOOn The Fly: Pre-market Movers
Subscribe for More Information
07:25 EDTYHOOYahoo upgraded to Buy from Neutral at SunTrust
SunTrust upgraded its rating on Yahoo (YHOO) shares to Buy from Neutral saying the risk/reward is favorable following the recent pullback in shares. The firm sees the potential for 21% upside to its $40 price target.
07:06 EDTIBMU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
06:35 EDTFBFacebook looks to provide financial services for users, Financial Times reports
Subscribe for More Information
06:28 EDTYHOOAlibaba asks public to help identify China's polluted water, Bloomberg says
Alibaba (YHOO) is asking the public to help map water quality throughout China to increase environmental awareness, reported Bloomberg. Testing kits are sold through the company for $10 and volunteers can measure pollutants in freshwater sources and upload the data to a digital map via smartphones. Reference Link
06:11 EDTINTCIntel works with HzO to enhance water resistance in products, DigiTimes says
Subscribe for More Information
06:04 EDTINTCIntel promoting pricing strategy for tablet CPUs in China, DigiTimes reports
Intel is aggressively promoting a pricing strategy to increase sales of its tablet-use processors in China, reports DigiTimes. According to industry sources, prices of mainstream quad-core tablet CPUs have dropped to below $5 and the number of Intel-based tablets is likely to expand in proportion. Reference Link
06:03 EDTMAMasterCard initiated with a Sector Perform at Pacific Crest
Subscribe for More Information
06:03 EDTVVisa initiated with an Outperform at Pacific Crest
Subscribe for More Information
05:38 EDTMAMasterCard upgraded to Outperform from Neutral at RW Baird
Subscribe for More Information
05:37 EDTVVisa upgraded to Outperform from Neutral at RW Baird
RW Baird upgraded Visa to Outperform citing a more attractive risk/reward following the recent pullback in shares. The firm has a $245 price target for the stock.
April 13, 2014
19:59 EDTIBMImperva faces competition from firms like IBM, F5 Networks, Bloomberg says
Subscribe for More Information
April 11, 2014
12:42 EDTINTCOn The Fly: Analyst Initiation Summary
ASML (ASML) initiated with a Cautious at ISI Group... Analog Devices (ADI) initiated with a Buy at ISI Group... Applied Materials (AMAT) initiated with a Strong Buy at ISI Group... Aruba Networks (ARUN) initiated with a Buy at SunTrust... Broadcom (BRCM) initiated with a Neutral at ISI Group... CSX (CSX) initiated with an Outperform at Macquarie... Cisco (CSCO) initiated with a Buy at SunTrust... F5 Networks (FFIV) initiated with a Neutral at SunTrust... Genesee & Wyoming (GWR) initiated with a Neutral at Macquarie... Intel (INTC) initiated with a Neutral at ISI Group... Juniper (JNPR) initiated with a Buy at SunTrust... KLA-Tencor (KLAC) initiated with a Neutral at ISI Group... Lam Research (LRCX) initiated with a Strong Buy at ISI Group... Linear Technology (LLTC) initiated with a Cautious at ISI Group... Maxim Integrated (MXIM) initiated with a Neutral at ISI Group... Micron (MU) initiated with a Strong Buy at ISI Group... NVIDIA (NVDA) initiated with a Neutral at ISI Group... NXP Semiconductors (NXPI) initiated with a Strong Buy at ISI Group... Qualcomm (QCOM) initiated with a Strong Buy at ISI Group... Riverbed (RVBD) initiated with a Neutral at SunTrust... SanDisk (SNDK) initiated with a Neutral at ISI Group... Teradyne (TER) initiated with a Buy at ISI Group... Texas Instruments (TXN) initiated with a Neutral at ISI Group... Trulia (TRLA) initiated with a Neutral at Susquehanna... Union Pacific (UNP) initiated with a Neutral at Macquarie... Zillow (Z) initiated with a Positive at Susquehanna... Flamel Technologies (FLML) initiated with a Buy at Roth Capital... Parker Drilling (PKD) initiated with an Accumulate at Tudor Pickering.
09:55 EDTFBFacebook bounces from early low, levels to watch
Shares began at depressed levels this morning, hitting a low of $57.31. That press down was quickly bought, with shares last at $59.62. At that price, next resistance is at $60.39. Support is at $58.51.
09:37 EDTFBActive equity options trading on open
Subscribe for More Information
08:55 EDTYHOOTravelzoo makes management changes amid continued weakness in Local & Search
Subscribe for More Information
07:57 EDTIBMIBM April volatility elevated at 37 into Q1
Subscribe for More Information
07:39 EDTKOCoca-Cola April volatility increases into Q1 and volume outlook
Subscribe for More Information
07:26 EDTTTime Warner struggling to force Dodgers network on pay-TV players, LAT say
Subscribe for More Information
07:18 EDTINTCJefferies a buyer of Intel shares ahead of Q1 results
Subscribe for More Information
06:46 EDTFBFeds warn Facebook on WhatsApp privacy, The Hill reports
The Federal Trade Commission yesterday warned Facebook not to change WhatsApp's privacy policies, according to The Hill. WhatsApp, which agreed to sell itself to Facebook earlier this year, does not collect information about its users, The Hill stated. Reference Link
06:15 EDTFBFacebook, WhatsApp deal cleared by FTC with caveat
Subscribe for More Information
April 10, 2014
17:59 EDTFBFacebook cracks down on News Feed spam
Subscribe for More Information
16:20 EDTINTCIntel initiated with a Neutral at ISI Group
Target $26.
16:00 EDTFBOptions Update; April 10, 2014
Subscribe for More Information
15:04 EDTFBFacebook slips below the $60 area, levels to watch
Subscribe for More Information
14:54 EDTYHOOYahoo volatility increases as shares trend lower
Subscribe for More Information
14:24 EDTIBMAmazon Web Services CTO says ARM CPUs may be considered, The Register says
Amazon (AMZN) Web Services chief technology officer Werner told The Register that the company is “always looking for efficiency” and may consider using ARM (ARMH) CPUs in the future. Vogels said another processor architecture AWS has considered is IBM's (IBM) Power, the report noted. Reference Link
12:11 EDTFBFacebook volatility increases on wide price movement
Subscribe for More Information
10:59 EDTFBFacebook slips after Deutsche predicts smaller ad revenue beat
Subscribe for More Information
10:00 EDTIBMOn The Fly: Analyst Initiation Summary
Apple (AAPL) initiated with a Buy at Deutsche Bank... Crocs (CROX) initiated with a Buy at Buckingham... Deckers Outdoor (DECK) initiated with a Buy at Buckingham... EMC (EMC) initiated with a Buy at Deutsche Bank... HP (HPQ) initiated with a Buy at Deutsche Bank... IBM (IBM) initiated with a Hold at Deutsche Bank... NeoPhotonics (NPTN) coverage resumed with a Market Perform at Raymond James... NetApp (NTAP) initiated with a Hold at Deutsche Bank... Nutrisystem (NTRI) initiated with a Buy at B. Riley... Questar (STR) initiated with an Underperform at BofA/Merrill... S&T Bancorp (STBA) initiated with an Outperform at Raymond James... STB Systems Inc (STBI) initiated with an Outperform at Raymond James... Skechers (SKX) initiated with an Underperform at Buckingham... Steven Madden (SHOO) initiated with a Buy at Buckingham... UGI Corporation (UGI) initiated with a Buy at BofA/Merrill... Web.com (WWWW) initiated with a Neutral at Buckingham... Ally Financial (ALLY) initiated with a Buy at BTIG... Visteon (VC) initiated with a Buy at Citigroup... Greatbatch (GB) initiated with a Buy at KeyBanc... Steris (STE) initiated with a Buy at KeyBanc... Cooper Companies (COO) initiated with a Hold at KeyBanc... Hill-Rom (HRC) initiated with a Hold at KeyBanc... Invacare (IVC) initiated with a Hold at KeyBanc... Teleflex (TFX) initiated with a Hold at KeyBanc... Provident Financial (PROV) initiated with a Market Perform at Keefe Bruyette... UMH Properties (UMH) initiated with a Hold at Wunderlich.
10:00 EDTFBOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:37 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: SIRI RAD AAPL AMZN AA FB TSLA MRK CVX C
09:06 EDTIBMIBM to acquire Atlanta-based software company Silverpop
Subscribe for More Information
08:44 EDTIBMCLSA technology analysts hold an analyst/industry conference call
Subscribe for More Information
07:48 EDTFBFacebook strong Q1 mostly factored into consensus, says Deutsche Bank
Deutsche Bank thinks consensus estimates are catching up to the strong fundamentals at Facebook. The firm expects Facebook to report strong Q1 results, but it thinks the consensus is already factoring much of that into the numbers. As such, Deutsche said it is less optimistic going into Facebook's Q1 results than it was last quarter. The firm still considers Facebook a "must-own" and keeps a Buy rating on the stock with a $76 price target.
07:02 EDTFBFacebook upgraded to Buy from Hold at Pivotal Research
Subscribe for More Information
06:55 EDTIBMIBM initiated with a Hold at Deutsche Bank
Subscribe for More Information
06:48 EDTYHOOYahoo's strategy similar to past efforts, Re/code says
Yahoo, which is reportedly looking to become a major player in Internet video, was working on similar initiatives in mid-2012, according to Re/code. Reference Link
06:33 EDTFBTwitter upgraded to Hold from Sell at Cantor
Cantor Fitzgerald upgraded its rating on Twitter (TWTR) shares to Hold from Sell citing the recent pullback in the stock as well as the upcoming launch of new ad formats which it believes should drive monetization. Cantor maintains a $45 price target for the stock and says it continues to prefer Facebook (FB). Shares of Twitter closed yesterday up 71c to $42.49.
06:29 EDTKOCoca-Cola boosts advertising in repsonse to downward soda sales, WSJ says
Subscribe for More Information
06:29 EDTTAT&T in talks to bring ultrafast internet to North Carolina, WSJ reports
Subscribe for More Information
06:26 EDTYHOOYelp deal with Yahoo receives criticism from small business owners, WSJ reports
Subscribe for More Information
06:13 EDTINTCIntel to launch Haswell Refresh CPUs, 9-series chipsets in May, DigiTimes says
Subscribe for More Information
06:04 EDTYHOOYahoo hires Bobbi Brown to be editor-in-chief of beauty site, Re/code reports
Yahoo (YHOO) has hired Bobbi Brown, the creator of Bobbi Brown Cosmetics (EL), to be the editor-in-chief of its beauty site, Re/code reports, noting that several of Yahoo's big advertisers -- L'Oreal (LRLCY), Procter & Gamble (PG) and Unilever (UN, UL) -- are competitive with Bobbi Brown Cosmetics. Reference Link
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 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