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Stock Market & Financial Investment News

News For KORS;NTWK;FOSL;AVP;BCS;ZIOP;VAL;LVLT;BYD;FB;QCOM From The Last 14 Days
Check below for free stories on KORS;NTWK;FOSL;AVP;BCS;ZIOP;VAL;LVLT;BYD;FB;QCOM the last two weeks.
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June 9, 2013
12:32 EDTFBSources: Google set to acquire Waze for $1.3B, Globes reports
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June 7, 2013
12:22 EDTQCOMSharp to sell stock to Qualcomm
Sharp (SHCAY) said that it would sell about $62M of stock to Qualcomm (QCOM) for Y502 per share, Sharp reported today. The share sale is pursuant to a joint development agreement that the company made with Qualcomm (QCOM) on December 4, 2012, Sharp stated. Sharp expects payment for the shares to be completed on June 24, it added. Reference Link
10:11 EDTQCOMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray.
09:23 EDTQCOMQualcomm poised to significantly grow revenue, EPS, says UBS
UBS thinks that Qualcomm is well-positioned to grow its sales and EPS at a 15%+ compound annual growth rate over the next three years. The firm expects the company to benefit from royalty revenue increases generated by higher smartphone unit growth. It keeps a Buy rating on the stock.
09:11 EDTFBFacebook advertising engagement increasing, says Morgan Stanley
Morgan Stanley's analysis indicate Facebook advertising engagement is increasing, contrary to market concerns that levels are deteriorating due to lack of content control on where ads are displayed. The firm recommends adding to positions and reiterates its Overweight rating and $34 price target.
07:52 EDTQCOMQualcomm initiated with a Hold at Topeka
Target $65.
07:40 EDTFBFacebook recommended ahead of product launches at Morgan Stanley
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06:53 EDTFBU.S. collects data overseas from major Internet companies, NY Times reports
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06:39 EDTFBFacebook to narrow down ad format choices for marketers, NY Times says
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06:09 EDTBCSTop rated BofA Merrill analyst Nakanishi to leave firm, Bloomberg reports
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05:26 EDTFBMajor Internet firms deny giving U.S. 'direct access' to servers, Reuters says
A number of big tech companies, including Apple (AAPL), Google (GOOG) and Facebook, said they don't provide any government agency with "direct access" to their servers, rebutting a Washington Post report that said they have granted such access under a classified data collection program, reports Reuters.Reference Link
June 6, 2013
18:30 EDTBCSU.S., British regulators prepare charges in Libor case, WSJ reports
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08:13 EDTBCSSumitomo Mitsui sells a $400M stake in Barclays, Reuters reports
Sumitomo Mitsui Banking Corp. (SMFG) sold a $400M stake in Barclays (BCS), about half its holding in the bank, reports Reuters. The shares were sold by Nomura (NMR), sources say. Reference Link
07:38 EDTFBCredit Suisse to take lead on Alibaba IPO, Reuters reports
Credit Suisse (CS) is expected to take a leading role in the anticipated IPO of China's Alibaba Group, sources say, reports Reuters. The IPO may come by the end of this year and is likely to rival Facebook's (FB) $16B IPO in terms of size.Reference Link
07:10 EDTBCS'Dark pools' face regulatory scrutiny, WSJ reports
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06:13 EDTBCSKelso hires Barclays to sell Custom Building Products, Reuters reports
Kelso & Company hired Barclays (BCS) to find a buyer for Custom Building Products, which makes supplies for home furnishings and construction and has Home Depot (HD) as a primary retail partner, sources say, reports Reuters. Reference Link
06:03 EDTBCSOn the Fly: Periodicals Wrap-Up
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June 5, 2013
15:42 EDTBYDNY authorizes development of three upstate gaming resorts
Governor Andrew Cuomo released the Upstate NY Gaming Economic Development Act, which will establish three destination resorts with gaming in Upstate New York. The legislation authorizes three upstate Destination Resorts to enhance tourism development. Destination Resorts will be selected only on merit by the gaming commission or a separate board to be selected by the commission. No Destination Resort will be authorized in New York City, and no Destination Resort will be located downstate until a minimum of five years after the first upstate Destination Resort opens. Reference Link
06:48 EDTFBFacebook recent pullback a buying opportunity, says Piper Jaffray
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06:25 EDTFBSoftware Sector upgraded to Attractive from Neutral at Goldman
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