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News For MAT;HAS;AAPL;JAKK;DIS;LF From The Last 14 Days Check below for free stories on MAT;HAS;AAPL;JAKK;DIS;LF the last two weeks. |
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| May 21, 2013 |
| 16:04 EDT |  | AAPL | Options Update; May 21, 2013
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| 12:58 EDT |  | DIS | Disney's ESPN cuts less than 6% of workforce, Bloomberg reports
Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link |
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| 10:00 EDT |  | JAKK, LF, MAT, HAS | On The Fly: Analyst Initiation Summary
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| 09:42 EDT | | AAPL | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C |
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| 09:34 EDT |  | AAPL | Apple trades lower, levels to watch
The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46. |
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| 08:12 EDT |  | AAPL | Senate Homeland Security and Governmental Affairs Committee to hold a hearing
The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link |
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| 07:50 EDT | | AAPL | Ireland rejects allegations that it's a tax haven, FT reports
Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link |
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| 07:05 EDT | | AAPL | Senate report says Apple avoided paying taxes on $44B of income, Politico says
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| May 20, 2013 |
| 17:12 EDT |  | AAPL | Apple has avoided paying taxes on operations for five years, U.S. Senate says
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| 17:11 EDT | | AAPL | Apple Operations International has no physical presence, says Senator Levin
Apple Operations International has no physical presence and no employees, according to Senator Levin. Two of three directors are Apple employees, based in the U.S., the Senator added. |
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| 16:16 EDT | | JAKK | JAKKS Pacific initiated with a Neutral at Piper Jaffray
Target $10. |
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| 16:16 EDT | | LF | LeapFrog initiated with an Overweight at Piper Jaffray
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| 16:15 EDT | | HAS | Hasbro initiated with an Overweight at Piper Jaffray
Target $55. |
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| 16:15 EDT | | MAT | Mattel initiated with an Overweight at Piper Jaffray
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| 16:02 EDT | | AAPL | Options Update; May 20, 2013
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| 15:19 EDT | | AAPL | Apple sees paying over $7B in taxes to U.S. in current fiscal year
Apple released testimony the company plans to give before the permanent subcommittee on investigations of the U.S. Senate tomorrow. In part, the company plans to state it expects to pay over $7B in taxes to the U.S. Treasury in its current fiscal year. Apple also contends it is "likely the largest corporate income tax payer in the US, having paid nearly $6B in taxes" to the U.S. in FY12. Reference Link |
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| 12:04 EDT | | AAPL | Apple rumored to be testing OLED for iWatch, AppleInsider says
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| 09:40 EDT | | AAPL | Active equity option families trading
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| 06:27 EDT | | AAPL | Apple MacBook orders to rise 20% sequentially in Q2, DigiTimes says
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| 06:23 EDT | | AAPL | Apple next-generation iPad trial production to begin soon, Digitimes says
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