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Stock Market & Financial Investment News

News Breaks
February 8, 2013
16:23 EDTMCD, AAPL, CZR, LNKD, NUAN, MELIOn The Fly: Closing Wrap
Stocks on Wall Street were higher on the day after the averages opened the day higher following a report showing the U.S. trade deficit shrank to its narrowest level in nearly three years. The averages traded in a narrow range after their initial move higher, with the S&P finishing above the 1,510 level while the Dow fell short of 14k... ECONOMIC EVENTS: In the U.S., the Commerce Department reported that the trade deficit shrank in December to its narrowest in nearly three years, falling to $38.5B, compared to expectations for a deficit of $46B. A separate report from the Commerce Department showed wholesale inventories fell 0.1% in December, versus forecasts for an increase of 0.4%. In China, the trade surplus narrowed slightly to $29.2B in January from a month earlier, but exports and imports both showed robust growth. Exports climbed 25%, while imports jumped 28.8%, both of which were ahead of expectations. Also, China's CPI was in line with forecasts at 2.0%. In Europe, German exports hit a record yearly high... COMPANY NEWS: McDonald's (MCD) reported January global same store sales fell 1.9%, and shares gained 24c, or 0.25%, to $94.87, though finished off their highs. The company's comparable sales were down during the month in the Asia-Pacific region and in Europe, but were up nearly 1% in the U.S... Apple (AAPL) gained $6.76, or 1.44%, to $474.98 after activist investor David Einhorn yesterday disclosed legal action against the company, prompting a response from Apple near the end of yesterday's session saying the board is in active discussions to return cash to shareholders. With today's gains, Apple shares added $21.36, or 4.71% on the week... MAJOR MOVERS: Among the notable gainers was Caesar's Entertainment (CZR), up $3.84, or 38.13%, to $13.91 after Nevada reported December statewide gaming win increase 10.24%. Today's advance followed yesterday's 18.47%, or $1.57 gain following reports that NJ Governor Chris Christie will allow the state to legalize Internet gambling.Also higher were shares of LinkedIn (LNKD), up $26.39, or 21.27%, to $150.48 after the company's Q4 report beat consensus estimates and the stock's price target was lifted by at least four analyst firms. Among noteworthy losers were shares of Nuance (NUAN), down $4.55, or 18.53%, to $20.00 after the company's FY13 guidance fell short of expectations and the stock was downgraded by at least three analyst firms. Also lower were shares of Mercadolibre (MELI), down $2.11, or 2.46%, to $83.73 after Bloomberg headlines said Venezuela would devalue its currency by 33% to 6.3 bolivars per dollar from 4.3... INDICES: The Dow was up 48.92, or 0.35%, to 13,992.97; the Nasdaq was up 28.74, or 0.91%, to 3,193.87; and the S&P 500 was up 8.54, or 0.57%, to 1,517.93.
News For MCD;AAPL;CZR;LNKD;NUAN;MELI From The Last 14 Days
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October 14, 2014
14:02 EDTAAPLApple moves back to lows of the day, levels to watch
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13:18 EDTAAPLSkyworks guidance should be well above consensus, says Craig-Hallum
After Skyworks pre-announced September quarter upside, Craig-Hallum says it expects the company's revenue outlook for the December quarter to be well above consensus. The firm believes Skyworks is benefiting from record Apple (AAPL) iPhone sales. It estimates Skyworks has around $5.50 worth of content in the iPhone 6/6+, up from $4.80 in the iPhone 5S/5C. Craig-Hallum reiterates a Buy rating on the stock with a $62 price target.
11:28 EDTCZROptions with increasing implied volatility
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10:49 EDTAAPLWells Fargo says spending more on compliance, risk management
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10:43 EDTAAPLSkyworks benefiting from gains at Apple, China 4G/LTE ramp, says Oppenheimer
Oppenheimer raised its estimates on Skyworks (SWKS) after the company pre-announced better than expected Q4 results. The firm expects sustained tailwinds into and beyond next quarter for Skyworks based on continued shares gains at Apple (AAPL) and from rising 4G/LTE phone sales in China. Oppenheimer maintains its Outperform rating and $65 price target on Skyworks and says the stock remains one of its top picks.
09:37 EDTAAPLActive equity options trading on open
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09:37 EDTAAPLDomino's Pizza sees potential for additional 3.8K stores in top 15 markets
Says has 'robust' international business. Says its store count growing faster internationally than Pizza Hut or Papa Johns (PZZA). Pizza Hut is owned by Yum! Brands (YUM). Says now offering voice ordering for Apple's (AAPL) iPhone and Google's (GOOG) Android operating systems. Says in terms of the franchise's long-range outlook, sees global net units to increase 4%-6%, sees domestic SSS to increase 2%-4%, sees international SSS to increase 3%-6% and sees global retail sales to increase 6%-10%. Comments taken from the company's Q3 earnings conference call slide presentation.
07:24 EDTAAPLApple price target raised to $110 from $96 at Credit Suisse
Credit Suisse raised Apple's price target to $110 and materially raised estimates to reflect new iPhone forecasts. The firm maintains its Neutral rating based on limited upside.
06:37 EDTAAPLUMC lands 28nm LTE chip orders from Qualcomm, DigiTimes reports
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06:36 EDTAAPL'Double Irish' tax arrangement poised to halt, itnews says
Ireland is positioned to enact legal revisions soon that will slowly cease its "Double Irish" tax agreement, which has allowed companies like Google (GOOG) and Apple (AAPL) to not spend billions of dollars worth of taxes, according to itnews, citing, two sources familiar with the situation. Reference Link
06:30 EDTAAPLApple expected to show new iPads at Thursday's event, Re/code says
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06:30 EDTAAPLSolvay, Apple allegedly enter supply agreement, Bloomberg says
Solvay (SVYZY) and Apple (AAPL) have supposedly entered a supply agreement in which the Belgium chemical company will supply a type of high-performance plastic for iPhone 6 devices, according to Bloomberg, citing two people with knowledge of the situation. Reference Link
October 13, 2014
16:02 EDTAAPLOptions Update; October 13, 2014
iPath S&P 500 VIX Short-Term Futures up 3.71 to 39.56. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX SUNE GILD BAC PBR according to Track Data.
14:06 EDTMCDMcDonald's to answer questions about food, AP reports
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12:33 EDTCZROptions with increasing implied volatility
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11:32 EDTMELIMercadoLibre to host investor day
Investor Day to be held in New York on October 15 at 9 am. Webcast Link
09:39 EDTAAPLActive equity options trading on open
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08:31 EDTAAPLApple says iPhone 6, 6 Plus to arrive in 36 more countries this month
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06:41 EDTAAPLWalgreens to roll out Apple Pay on October 18, MacRumors reports
Walgreens (WAG) will begin rolling out Apple Pay (AAPL) on Saturday, October 18, according to a memo obtained by MacRumors. Reference Link
06:05 EDTAAPLReport: Apple iPhone 6 pre-orders in China reach 20M, Digitimes says
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