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Stock Market & Financial Investment News

News Breaks
February 7, 2013
09:22 EDTNWSA, GMCR, MWW, TQNT, AKAM, RNST, FMFC, LF, ORLY, DV, GOOG, YHOO, MOn The Fly: Pre-market Movers
UP AFTER EARNINGS/GUIDANCE: DeVry (DV), up 17.7%... O'Reilly Automotive (ORLY), up 8.7%... LeapFrog (LF), up 5.2%... Macy's (M), up 4%... ALSO HIGHER: First M&F Corporation (FMFC), up 38.5% after agreeing to merge with Renasant Corporation (RNST) via an all-stock transaction... Yahoo! (YHOO), up 2.8% after signing agreement with Google (GOOG) for display ads... BlackBerry (BBRY), up 3.9% after upgrade to Outperform at Wells Fargo... Molycorp (MCP), up 2.6% after upgrade to Neutral at JPMorgan... DOWN AFTER EARNINGS/GUIDANCE: Akamai (AKAM), down 18.5%... TriQuint (TQNT), down 12.2%... Monster Worldwide (MWW), down 6%... Green Mountain (GMCR), down 9.2%... News Corp. (NWSA), down 2.2%.
News For M;YHOO;GOOG;DV;ORLY;LF;FMFC;RNST;AKAM;TQNT;MWW;GMCR;NWSA From The Last 14 Days
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October 13, 2014
06:15 EDTMJ.C. Penney downgraded to Sell from Neutral at UBS
UBS downgraded its rating on J.C. Penney (JCP) shares to Sell saying the company's 2017 EBITDA target of $1.2B is overly optimistic as it assumes years of market share gains against strong competitors like Macy's (M) and Kohl's (KSS). UBS halved its price target for Penney shares to $5 from $10. The retailer's stock closed Friday down 52c to $7.12.
October 10, 2014
09:32 EDTMWWMonster Worldwide downgraded to Hold from Buy at Evercore
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09:12 EDTGOOGGoogle could be worth trillion dollars by 2020, says BGC Financial
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07:55 EDTGOOGJapan court orders Google to remove search results, AP reports
Japan has ordered Google to remove search results that hinted at a man's relations with a criminal organization because his privacy rights were violated, reports the Associated Press. Google spokesman Taj Meadows said the company has a standard process for removal requests and will review the Tokyo court injunction. Reference Link
06:52 EDTGOOGGoogle allowed to face Rockstar in California court, Reuters says
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06:26 EDTGOOGGoogle to release its largest smartphone, WSJ reports
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October 9, 2014
16:49 EDTGOOGOracle hires former director of engineering from Google, Re/code reports
Oracle (ORCL) hired Peter Magnusson, former director of engineering at Google (GOOG) and VP of engineering at Snapchat, two weeks ago in a move to improve its cloud computing business, Re/code reports, citing sources familiar with the move. Reference Link
14:37 EDTYHOO, GOOGYahoo looking to make Tumblr another YouTube, Business Insider says
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09:41 EDTMBofA/Merrill retail analysts hold an analyst/industry conference call
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06:29 EDTGOOGIDC: Worldwide PC shipments down 1.7% in Q3, DigiTimes reports
Worldwide PC shipments are down 1.7% with 78.5M units shipped in Q3, reports DigiTimes, citing the IDC. Shipments in the US grew 4.3% to 17.3M, with growth centered from strong momentum in te portables category. Reference Link
06:26 EDTGOOGGoogle's tax arrangement facing new challenge by France, WSJ reports
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06:25 EDTDVDeVry could close campuses to cut costs, says Deutsche Bank
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06:13 EDTGMCRKeurig Green Mountain implied volatility of 34 at lower end of index mean range
October 8, 2014
13:43 EDTMDepartment stores fall after J.C. Penney cuts view due to difficult environment
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11:13 EDTMMacy's October volatility increases as shares pull back
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09:48 EDTGOOGGoogle says new movies can be pre-ordered, watched on first day of availibility
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09:23 EDTMCitigroup to hold a tour
Athletic Footwear Mall Tour travels to Roosevelt Field Mall, Garden City, New York on October 8.
07:46 EDTGOOGcomScore well positioned for change, says Brean Capital
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06:19 EDTYHOOYahoo lays off 400 employees in India, WSJ reports
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05:11 EDTAKAMAkamai, China Telecom establish strategic cloud services partnership
Akamai Technologies (AKAM) announced a strategic partnership agreement with China Telecom Corporation (CHA) cloud division, CT Cloud. CT Cloud is one of the largest cloud computing service providers in China, offering quality cloud services to customers. As part of the strategic partnership, CT Cloud has agreed to offer an integrated solution incorporating Akamai's full suite of media delivery, Web performance, and cloud security offerings with its own Cloud services to Chinese businesses looking to grow their global Web presence. In addition, the partnership is designed to enable close cooperation between the two companies in the areas of technology and network access, thus strengthening Akamai's China CDN offering for accelerating content from global customers to Chinese consumers. Under the partnership, CT Cloud plans to leverage Akamai for content delivery network technology that will be available for the delivery of its Cloud services.
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