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Stock Market & Financial Investment News

News Breaks
March 25, 2014
09:07 EDTGIII, SOL, LUX, EXEL, ARIA, RAX, AI, SONC, GOOG, HALO, VTNR, HIMXOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Sonic (SONC), up 6.8%... Vertex Energy (VTNR), up 13%. ALSO HIGHER: Rackspace (RAX), up 5% following upgrade at Morgan Stanley... ReneSola (SOL), up 3.4% after upgraded at Roth Capital... Luxottica (LUX), up 3.7% after WSJ says the company is collaborating with Google (GOOG) on new versions of Google Glass... ARIAD (ARIA), up 4% following upgrade to Buy at H.C. Wainwright... Exelixis (EXEL), up 7% after COMETRIQ approved by European Commission... Halozyme (HALO), up 5% after meeting primary endpoint of HTI-501 clinical trial. DOWN AFTER EARNINGS: G-III Apparel (GIII), down 8.4%. ALSO LOWER: Arlington Asset (AI), down 3.7% after filing to sell 2.75M common shares... Himax Technologies (HIMX), down 6% after downgraded at BofA/Merrill.
News For LUX;GOOG;RAX;HIMX;SONC;ARIA;VTNR;AI;EXEL;HALO;SOL;GIII From The Last 14 Days
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January 20, 2015
18:45 EDTGOOGSpaceX raises $1B, Google, Fidelity to own slightly under 10%, Bloomberg says
Elon Musk's Space Exploration Technologies Corp. has sold an approximately 10% stake to Google (GOOG) and Fidelity for $1B, Bloomberg reports. Reference Link
16:34 EDTGOOGSpacex has raised $1B, Google and Fidelity to own slightly under 10%
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11:25 EDTGOOGGoogle partners with Cloudera to bring Cloud Dataflow to Spark
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11:21 EDTGOOGYouTube plans launch of original content initiative by end of 2015, Variety says
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09:40 EDTRAXFollow-up: Rackspace upgraded at CLSA
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09:17 EDTRAX, RAXRackspace upgraded to Buy from Outperform at CLSA
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07:36 EDTARIAARIAD says EC endorses final opinion adopted by CHMP on Iclusig
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07:00 EDTGOOGEU official calls on Google to make more concessions, NY Times says
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06:37 EDTLUXLuxottica downgraded to Outperform from Strong Buy at Raymond James
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January 19, 2015
17:57 EDTGOOGGoogle near $1B investment in SpaceX, WSJ reports
Google is near an agreement to invest $1B in Elon Musk's SpaceX, Wall Street Journal reports, citing a person familiar with the matter. The investment would value SpaceX at more than $10B, the Journal adds. The Information earlier today reported Google was near an investment in SpaceX, but did not specify the amount. Reference Link
13:09 EDTLUXLuxottica reports Q4 revenue EUR1.87B vs. EUR1.65B
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12:29 EDTGOOGGoogle near investment in Musk's SpaceX, The Information reports
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January 18, 2015
13:45 EDTGOOGGoogle in talks to acquire mobile-pay platform Softcard, WSJ says
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January 16, 2015
09:09 EDTGOOGYouTube to host Super Bowl halftime show
YouTube will host a Halftime Show produced in collaboration with Collective Digital Studio that will be live streamed on the AdBlitz Channel, the Google (GOOG, GOOGL) property announced in a blog post. The show will feature more than 20 YouTube creators and musicians with over 60M combined subscribers, YouTube stated. The Super Bowl is being broadcast on Sunday, Feb. 1 on Comcast's (CMCSA) NBC Network. Reference Link
07:33 EDTGOOGAlign Technology near-term risk/reward less favorable, says Credit Suisse
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January 15, 2015
14:52 EDTGOOGGoogle investment Magic Leap files new patent, Business Insider says
The startup Magic Leap, which raised $542M in an October 2014 funding led by Google, filed a new patent that indicates a device that is "head worn component" and according to Business Insider "looks like an intense version of Google Glass that works with a belt pack." Business Insider added, "All we really know for sure so far is that Magic Leap is creating some sort of augmented reality which it calls 'cinematic reality' that the company believes will provide a more realistic 3D experience than anything else that's out there today." Reference Link
13:06 EDTGOOGGoogle to stop selling Glass to individuals on January 19, WSJ reports
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09:08 EDTGOOGLendingClub and Google partner for new business financing program
Lending Club (LC) announced a new pilot program in partnership with Google (GOOG) to facilitate low-interest financing to eligible Google partners. The program allows Google to purchase the loans, thus investing its own capital in its partner network to drive business growth. Lending Club will service the loans.
09:05 EDTGOOGGoogle and PricewaterhouseCoopers partner to bid for DoD healthcare program
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06:30 EDTGOOGGoogle in talks with major automakers on driverless cars, Reuters reports
Google (GOOG) is in talks with many of the top automakers in the world, including Toyota (TM), GM (GM) and Ford (F), about developing driveless vehicles, the director of Google's self-driving car project said yesterday, according to Reuters. The tech giant has also hired a group of "traditional and nontraditional suppliers" to bolster its efforts, with Nvidia (NVDA) one of the latter group, the news service quoted the executive as saying. Google aims to bring driverless vehicles to the market by 2020, the executive said, Reuters reported. Reference Link
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