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Stock Market & Financial Investment News

News For MHP;APO;WMT;TGT;M;FB;YHOO;ANAD;HOGS;ARO;DWA From The Last 14 Days
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March 27, 2015
19:00 EDTYHOOMicrosoft, Yahoo extend search partnership discussions for 30 days
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16:01 EDTFBOptions Update; March 27, 2015
iPath S&P 500 VIX Short-Term Futures down 31c to 25.74 Option volume leaders: AAPL TSLA TWTR RAD FB PBR AMZN DOW VLO AMAT ALTR according to Track Data.
14:29 EDTDWAFly Watch: DreamWorks' lone 2015 feature opens this weekend
DreamWorks' (DWA) sole feature film slated for release in 2015, "Home," is set to debut this weekend. The animated movie, narrated by Jim Parsons, Rihanna and Steve Martin, details an alien race's search for a new home planet. "Home" is expected to take in $31M during its opening weekend, according to Boxoffice.com. ANALYST VIEW: The film should do well enough at the box office to avoid a significant write-down, Piper Jaffray analyst James Marsh wrote earlier this week in a note titled "'Home' Need Not Be a Home Run, Just Not A Whiff." Earlier this year DreamWorks took a $57M write-down on "Penguins of Madagascar," and it took a $13.5M write-down on its "Turbo" film in 2014. Last weekend, "Home" was released in a number of small foreign markets, and the results in the U.K. were favorable, as it generated the most revenue among films opening in Britain, Marsh reported. The analyst had an upbeat take on the quality of the movie, saying that its characters are likable and that it was enjoyable overall, although it "was a bit sappy." Estimating that "Home" will generate $350M in global sales, or slightly more than consensus expectations, Marsh wrote that the movie should be a significant positive catalyst for the stock. The film's performance should be sufficient to shift investors' focus to DreamWorks' upcoming positive catalysts that are more likely to boost the stock, including its improved 2016 film slate, its enhanced consumer products business, and its increasingly strong TV business, the analyst stated. He kept a $26 price target and Overweight rating on the stock. WHAT'S NOTABLE: Research firm B. Riley was less optimistic about the outlook for "Home" earlier this month. In a note to investors on March 13, B. Riley downgraded the stock to Neutral from Buy, based on valuation and its belief that the company may have to take a write-down on "Home." The firm kept a $24 price target on the shares. PRICE ACTION: Shares of DreamWorks are up 4c to $22.06 in Friday afternoon trading.
13:31 EDTMKellogg CEO John Bryant elected to Macy's board of directors
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11:21 EDTDWADreamWorks Animation volatility low into 'Home' opening
DreamWorks Animation April weekly call option implied volatility is at 45, April is at 42, May is at 52, June is at 44; compared to its 26-week average of 49 according to Track Data, suggesting decreasing price movement into 'Home' opening.
11:09 EDTFBStocks with call strike movement; FB BABA
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10:03 EDTYHOOOn The Fly: Analyst Initiation Summary
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09:01 EDTMFinish Line sees Macy's business generating $240M-$250M in FY sales
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08:56 EDTMFinish Line says Macy's partnership on the way to exceeding long-term vision
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08:07 EDTFBFacebook positioned as dominant mobile and social platform, says RW Baird
Baird attended a developers conference which reinforced their view that Facebook was well positioned as a dominant mobile and social platform. The firm noted its new Messenger strategy, the expansion of LiveRail's mobile display support, and the potential to capitalize on the evolution of online consumer behavior. Baird reiterated its Outperform rating and raised its price target to $96 from $93 on Facebook.
08:06 EDTYHOOFollow-up: Yahoo initiated with an Overweight at Morgan Stanley
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07:43 EDTFBFacebook price target raised to $98 from $89 at Barclays
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06:43 EDTYHOOJon McCormack returns to Amazon two months after leaving for Yahoo, BI says
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06:04 EDTFBFacebook to test drone this summer, WSJ says
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05:51 EDTWMTStocks with implied volatility movement; GLW WMT
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March 26, 2015
19:16 EDTYHOOOn The Fly: After Hours Movers
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17:24 EDTYHOOMorgan Stanley says Yahoo attractive way to buy Alibaba
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17:22 EDTYHOOYahoo approves additional share repurchase program of $2B
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17:19 EDTYHOOYahoo approves additional share repurchase program of $2B
16:33 EDTYHOOYahoo initiated with an Overweight at Morgan Stanley
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16:01 EDTFBOptions Update; March 26, 2015
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13:51 EDTYHOOYahoo updates transparency report
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12:09 EDTFBBattleground stock: Analysts take opposite sides on Twitter
Twitter is emerging as a battleground stock with Rosenblatt today starting coverage with a Buy rating while Stifel kept its Sell rating highlighting what it sees as weak operating metrics. BULLISH TAKE: Twitter's revenue and earnings before interest taxes depreciation and amortization, or EBITDA margin are poised to rebound, Rosenblatt analyst Martin Pyykkonen wrote in a note to investors today. Among the company's positive catalysts are video clip ads which should prove popular with marketers, higher ad load rates, additional products that will increase user growth and the expansion of the company's sales force, which is reaching critical mass, the analyst believes. In general, Twitter can further monetize its ads starting this year by using targeted advertising, contended Pyykkonen. Twitter's ad targeting capabilities are at least as strong as those of Facebook (FB), added the analyst. Meanwhile, the company's recently acquired Periscope product, which enables live video streaming, could significantly affect Twitter's usage trends, he contended. BEARISH TAKE: Twitter's risk/reward ratio is negative, and the company's second quarter guidance may come in below consensus estimates, wrote Stifel analyst Scott Devitt. The company is facing a tough comparison in Q2, as its results in the quarter last year were boosted by the World Cup, Devitt stated. Moreover, Twitter has not significantly improved its core product, and the website may be less popular than investors expect, the analyst contended. Additionally, Facebook has launched a number of initiatives, including trending topics updates and a deal to distribute NFL clips, that compete with Twitter's core competencies, the analyst wrote. He kept a $38 price target and Sell rating on Twitter. PRICE ACTION: In mid-morning trading, Twitter rose 2% to $50.50.
11:30 EDTYHOOStocks with call strike movement; HAL YHOO
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11:20 EDTFBJudge says Zynga shareholders can pursue claims against company, Reuters says
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10:01 EDTWMTWal-Mart volatility flat into U.S. strategic update
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09:36 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TWTR FB KRFT BIDU TSLA CELG NFLX FCAU
09:02 EDTWMT, TGTSamsung Galaxy S6, S6 edge to be available in U.S. beginning April 10
Samsung Electronics America (SSNLF) announced the Galaxy S 6 and Galaxy S 6 edge will be available in the U.S. beginning April 10, with pre-orders starting March 27. In the U.S., the Galaxy S 6 and Galaxy S 6 edge will be available in Black Sapphire, White Pearl and Gold Platinum -- in 32GB, 64GB and 128GB2 memory options. AT&T (T), Sprint (S), T-Mobile (TMUS), U.S. Cellular (USM) and Verizon Wireless (VZ) will carry both the Galaxy S 6 and Galaxy S 6 edge, while Boost Mobile, Cricket Wireless and MetroPCS will carry the Galaxy S 6. Samsung Experience Shops at Best Buy (BBY), as well as Amazon.com (AMZN), Costco Wholesale (COST), Samís Club (WMT), Target (TGT) and Walmart will also carry the Galaxy S 6 and Galaxy S 6 edge. Carriers and retailers will confirm specific pricing and availability.
08:08 EDTWMTStratasys' MakerBot expands 3D printer sales to Sam's Club locations
MakerBot (SSYS) says it recently started selling the MakerBot Replicator Mini Compact 3D Printer at more than 300 Samís Club (WMT) retail locations across the United States.
06:59 EDTFBFacebook video outpaces YouTube in recent metrics, BI says
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06:41 EDTFB, YHOOTwitter to outpace Yahoo in display ad revenue, WSJ says
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06:22 EDTMMacy's says mobile shopping, electronics dampening retail performance, MW says
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06:13 EDTFBFacebook expands ad platform to include user data, Re/code says
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March 25, 2015
16:00 EDTFBOptions Update; March 25, 2015
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14:45 EDTFBFacebook testing new video autoplay feature, Re/code says
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13:43 EDTFBzulily rises after teaming with Facebook on messenger platform
Shares of (ZU) moved higher after Facebook (FB) CEO Mark Zuckerberg discussed the social network's new Businesses on Messenger product at today's developer conference. The product's initial partners in the retail vertical are zulily and Everlane, Zuckerberg announced. Zendesk (ZEN) will power Facebook's new messenger product, the company announced in a press release. Shares of zulily are up 38c to $13.40 as Zuckerberg's keynote speech continues.
13:37 EDTFBZendesk announces messenger partnership with Facebook
Zendesk (ZEN) announced a partnership to power Facebook's (FB) new Businesses on Messenger product. "Through an integration of its Zopim chat product with Messenger, Zendesk is allowing businesses to provide scalable and responsive customer service to the more than 600 million people worldwide who use Messenger," the company said. Online retailers zulily (ZU) and Everlane are the first two companies using the integration to support their customers, Zendesk added.
13:33 EDTFBzulily jumps after Facebook says initial partner on messenger platform
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10:56 EDTFBFacebook amasses 600M users on Messenger service, CNBC reports
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09:35 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA KRFT FB BIDU GPRO V GILD NFLX
07:26 EDTFBFacebook to hold a conference
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06:40 EDTFBFacebook volatility at low end of range into Developers Conference
Facebook March weekly call option implied volatility is at 29, April is at 23, May is at 23; compared to its 26-week average of 30 according to Track Data, suggesting decreasing price movement into today's Developer Conference in San Francisco.
06:05 EDTFBFacebook announces 'On This Day' feature
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06:02 EDTFBFacebook leaks announcements from F8 conference, Business Insider reports
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05:37 EDTDWADreamWorks film expected to be material positive catalyst at Piper Jaffray
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March 24, 2015
16:00 EDTFBOptions Update; March 24, 2015
iPath S&P 500 VIX Short-Term Futures down 10c to 25.14 Option volume leaders: AAPL TSLA TWTR GILD FB AMAT GOOG C MRK GILD according to Track Data.
14:34 EDTAPOGreat Wolf Resorts to be acquired by affiliate of Centerbridge Partners
Great Wolf Resorts announced that it has entered into a definitive agreement and plan of merger with an affiliate of Centerbridge Partners, whereby Centerbridge will acquire Great Wolf. Great Wolf is currently controlled by funds affiliated with Apollo Global Management (APO).
10:50 EDTFBStocks with call strike movement; FB BABA
Facebook (FB) September 95 call option implied volatility increased 2% to 27, Alibaba (BABA) July 92.5 call option implied volatility increased 2% to 30 according to IVolatility.
10:50 EDTFBFly Watch: Facebook to unveil tools, products at F8 developer conference
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10:08 EDTFBFacebook in discussions with firms on 'Anthology' videos, The Information says
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09:38 EDTFBActive equity options trading on open
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08:42 EDTDWADreamWorks 'Home' opens to $19.2M in international markets, NY Post says
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08:35 EDTAPOSpecial examiner may force bankruptcy for Caesars Growth Partners, NY Post says
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08:26 EDTMMacy's says will keep investing in e-commerce, online security
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08:24 EDTMMacy's says store closings 'not really about Internet'
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07:27 EDTMTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
06:23 EDTFBFacebook in talks about hosting content from media companies, NY Times says
Facebook has been holding talks in recent months about hosting the content of at least six media companies inside Facebook, according to The New York Times. The social network intends to test the new format in the next several months, the newspaper stated. Reference Link
06:23 EDTFBInstagram announce launch of Layout app
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March 23, 2015
16:01 EDTFBOptions Update; March 23, 2015
iPath S&P 500 VIX Short-Term Futures down 48c to 25.24 Option volume leaders: AAPL TSLA TWTR GILD CELG FB TSLA AMZN TEVA PBR according to Track Data.
10:17 EDTFBFacebook developing call-screening app, Android Police says
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09:32 EDTFBWedbush social media analysts
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08:29 EDTYHOOYahoo's Tumblr to contribute revenues in 2015, says BofA/Merrill
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08:27 EDTFBFacebook continues to take total ad budget share, says JMP Securities
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07:53 EDTYHOOYahoo volatility at low end historic range
Yahoo March weekly call option implied volatility is at 27, April is at 24, May and July is at 27; compared to its 26-week average of 35 according to Track Data, suggesting decreasing price movement.
07:44 EDTYHOOYahoo price target lowered to $61 from $66 at BofA/Merrill
BofA/Merrill lowered Buy rated Yahoo's (YHOO) price target to $61 to reflect a lower valuation for the Alibaba (BABA) stake.
06:57 EDTWMTWal-Mart, Trinity church courtcase scheduled for April 8, WSJ says
A U.S. appeals court on April 8 will decide whether Wal-Mart shareholder Trinity church can force the company to hold a shareholder vote on gun sales, reports the Wall Street Journal. Wal-Mart maintains that what it chooses to sell in its stores is a matter of "regular business" and is not subject to shareholder review. Cornell law professor Lynn Stout and three dozen of her peers have submitted friend of the court briefs to support Trinity, which won an initial case against Wal-Mart in November. Reference Link
March 22, 2015
18:22 EDTWMTWal-Mart shareholders allowed to vote for independent chairman, Reuters says
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March 20, 2015
09:45 EDTFBActive equity options trading on open
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08:25 EDTFBFacebook to announce new Messenger features next week, Tech Crunch says
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06:47 EDTAPOCreditors dispute 'inside deals' surrounding Caesars loyalty program, WSJ says
Caesars Entertainment's (CZR) customer loyalty program has been valued at $1B by creditors, who alleged in lawsuits surrounding its January bankruptcy that the Caesars parent company and majority stake holder Apollo (APO) made several improper deals designed to keep the loyalty unit inaccessible to creditors, reports the Wall Street Journal. Fitch Ratings analyst Alex Bumazhny now calls a swift bankruptcy process "increasingly unlikely," while the presiding judge gave additional scope last week to investigate the disputed deals. Reference Link
06:09 EDTFBFacebook seeking advertising revenue in Brazil's poorest communities, WSJ says
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05:57 EDTFBFacebook's David Recordon as director of White House IT
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March 19, 2015
16:01 EDTFBOptions Update; March 19, 2015
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11:07 EDTFBFacebook volatility at low end of historic range; shares at fresh life high
Facebook March weekly call option implied volatility is at 25, April is at 23, May is at 30; compared to its 26-week average of 32 according to Track Data, suggesting decreasing price movement as shares trade at fresh life high.
11:02 EDTFBFacebook hits fresh life, levels to watch
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09:37 EDTFBActive equity options trading on open
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07:55 EDTAPOMolycorp bondholders led by Apollo close to hiring Blackstone, Bloomberg says
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07:17 EDTTGTStephens to hold a conference
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07:04 EDTMAmerican Express confirms plans to launch Plenti loyalty program
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06:55 EDTFBCertain news agencies form advertising alliance to rival Google, others, BI says
The Guardian, CNN International, The Financial Times , Reuters (TRI) and The Economist are forming an advertising alliance, called Pangaea, in hopes of rivaling Google (GOOG), Facebook (FB), Twitter (TWTR), and LinkedIn (LNKD), reports Business Insider UK. The Financial Times is owned by Pearson (PSO), The Economist Group is 50% owned by Pearson via The Financial Times, and CNN is owned by Time Warner (TWX). Reference Link
06:36 EDTTGTTarget settles class action lawsuit over data breach, Reuters reports
Target agreed to pay $10M to settle a class action lawsuit related to its 2013 data breach, according to Reuters. Under the settlement, which must be approved by a federal judge, the retailer also agreed to implement data security measures, including hiring a chief information security officer, the news service stated. Reference Link
06:28 EDTWMTWal-Mart's Walmex unit to expand more slowly this year, Reuters reports
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05:42 EDTFBeBay downgraded to Underweight from Neutral at Piper Jaffray
Piper Jaffray analyst Gene Munster downgraded eBay (EBAY) to Underweight, the firm's sell-equivalent rating, saying competition from Google Wallet (GOOG), Apple Pay (AAPL), Facebook (FB) and Samsung will weigh on PayPal's valuation and market share over the next three years. Munster notes shares of eBay are up 12% since the beginning of February due to optimism around the PayPal spin-out. He cut his price target for shares to $49 from $55. The online marketplace and PayPal owner closed yesterday down $1.07 to $58.42.
March 18, 2015
17:50 EDTYHOOYahoo exits China operations, WSJ says
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17:42 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, WSJ says
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16:00 EDTFBOptions Update; March 18, 2015
iPath S&P 500 VIX Short-Term Futures down 1.20 to 26.10. Option volume leaders: AAPL RAD PBR TWTR FB TSLA CLF BP MGM according to Track Data.
15:56 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, Dow Jones says
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15:22 EDTAPOMolycorp creditors close to hiring Blackstone, Bloomberg says
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12:26 EDTTGTTarget unveils extended one-year return policy
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11:24 EDTFBeBay falls after Facebook adds friend-to friend payment option
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10:06 EDTYHOOYahoo to close Beijing R&D office, SCMP says
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09:36 EDTWMT, FBActive equity options trading on open
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09:23 EDTDWAVerizon may launch mobile TV service as soon as June, Bloomberg says
Verizon (VZ) has secured mobile television streaming rights with Viacom (VIA, VIAB) and DreamWorks Animation (DWA) and plans to start a mobile video streaming service as early as June, according to Bloomberg, citing a person familiar with the matter. Verizon plans to have programming from ABC (DIS), NBC (CMCSA), CBS (CBS) and Fox (FOXA) as part of the service, the report added. The Fly notes that Verizon has publicly confirmed previously that it plans to launch such a service, but has not provided many details to date.
07:27 EDTAPOFreeport seeks funding from Blackstone, Apollo, Reuters says
Freeport McMoRan (FCX) has hired Goldman Sachs (GS) and Barclays (BCS) to find private equity firms willing to finance certain of its energy projects and asset developments, reports Reuters, citing people familiar with the matter. Freeport is in talks with Blackstone (BX), Apollo (APO), and Warburg Pincus about a potential partnership. The sources say the firm may be seeking "several billion dollars," though discussions are in "very early" stages. Reference Link
07:18 EDTAPOWells Fargo to hold a forum
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06:16 EDTMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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March 17, 2015
15:45 EDTFBWestern Union, MoneyGram near lows after Facebook reports money transfer plans
Shares of money transfer and payment services companies MoneyGram International (MGI) and Western Union (WU) are both in negative ground and near their session lows after Facebook (FB) announced this afternoon that it is adding a new feature in Messenger that gives people a "more convenient and secure way" to send or receive money between friends.
15:07 EDTFBFacebook adding 'send money' feature in Messenger
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10:00 EDTFB, YHOOOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aimco (AIV) initiated with an Outperform at RW Baird... Alnylam (ALNY) initiated with a Buy at Janney Capital... American Campus (ACC) initiated with a Neutral at RW Baird... AvalonBay (AVB) initiated with a Neutral at RW Baird... BE Aerospace (BEAV) initiated with a Buy at CRT Capital... BlackRock (BLK) initiated with a Buy at Argus... Camden Property (CPT) initiated with an Outperform at RW Baird... CarMax (KMX) initiated with a Buy at Evercore ISI... Central Pacific (CPF) initiated with a Neutral at Macquarie... Cognex (CGNX) initiated with a Buy at Northcoast... Education Realty (EDR) initiated with a Neutral at RW Baird... EnerSys (ENS) initiated with an Overweight at Stephens... Equity Lifestyle (ELS) initiated with an Outperform at RW Baird... Equity Residential (EQR) initiated with a Neutral at RW Baird... Essex Property Trust (ESS) initiated with a Neutral at RW Baird... Facebook (FB) initiated with a Buy at Brean Capital... Intercept (ICPT) initiated with a Hold at MLV & Co.... Isis Pharmaceuticals (ISIS) initiated with a Neutral at Janney Capital... LinkedIn (LNKD) initiated with a Sell at Brean Capital... Mid-America Apartment (MAA) initiated with an Outperform at RW Baird... NetSuite (N) initiated with a Hold at Brean Capital... Paycom (PAYC) initiated with a Buy at Brean Capital... Platform Specialty Products (PAH) initiated with a Buy at UBS... Post Properties (PPS) initiated with a Neutral at RW Baird... Salesforce.com (CRM) initiated with a Hold at Brean Capital... ServiceNow (NOW) initiated with a Buy at Brean Capital... Snap-On (SNA) initiated with a Buy at Northcoast... Sun Communities (SUI) initiated with a Neutral at RW Baird... Twitter (TWTR) initiated with a Buy at Brean Capital... UDR, Inc. (UDR) initiated with an Outperform at RW Baird... Workday (WDAY) initiated with a Hold at Brean Capital... Xplore Technologies (XPLR) initiated with a Buy at Roth Capital... Yahoo (YHOO) initiated with a Hold at Argus.
09:34 EDTFBActive equity options trading on open
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09:26 EDTFBFacebook launches expat targeting feature
To help businesses reach people living abroad, Facebook earlier today announced a new targeting feature that enables advertisers to reach the 92M expats on Facebook, the company announced today. Marketers can now connect with expats living within a given country (like expats living in Brazil) and expats originating from a specific country (like people born in Brazil living abroad), Facebook explained. Reference Link
09:05 EDTTGTMicrosoft Band now available at Best Buy, Target, Amazon, Re/code reports
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08:11 EDTYHOOYahoo initiated with a Hold at Argus
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07:42 EDTFBBoeing may produce satellite for tech giants, Reuters says
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06:37 EDTYHOOAfter losing marketshare, Google now asks Firefox users to switch, BI says
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March 16, 2015
16:14 EDTFBFacebook initiated with a Buy at Brean Capital
Brean Murray initiated Facebook with a Buy rating and $96 price target based on expectations of continued growth through pricing leverage, continued expansion, and monetization of acquired platforms including Instagram and WhatsApp.
16:00 EDTFBOptions Update; March 16, 2015
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10:44 EDTYHOONetflix retreats after cut to sell on competition, cost concerns
The shares of Netflix (NFLX) are falling after research firm Evercore ISI downgraded the stock to Sell from Hold. Increased competition will force the company to increase its investments and the return from those investments is uncertain, the firm contends. WHAT'S NEW: In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors, Evercore ISI analyst Ken Sena wrote in a note to investors earlier today. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. The analyst noted that Apple (AAPL) recently obtained a three month exclusive deal to stream content form Time Warner's (TWX) HBO Now, while Yahoo (YHOO), Amazon (AMZN), and Hulu (DIS, CMCSA, NWSA) are all reportedly interested in obtaining streaming rights to "Seinfeld." Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes. Furthermore, Netflix will face more competition from other Internet TV services overseas than in the U.S., according to Sena, who cut his 2015 consolidated operating income estimate for the company by 26% to $381M from $517M previously. In addition to cutting his rating, Sena lowered his price target on the shares to $380 from $450. PRICE ACTION: In early trading, Netflix sank $16, or 3.7%, to $422.
09:37 EDTFBActive equity options trading on open
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09:26 EDTFBFacebook to update rules on prohibited content, NY Times says
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08:55 EDTFBFacebook purchase of Instagram proving to be a steal, says BofA/Merrill
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06:32 EDTYHOOYahoo developing encrypted email service, WSJ says
Yahoo is developing an encrypted email service and expects to launch by the end of 2015, reports the Wall Street Journal's Digits blog, citing statements by Chief Information Security Officer Alex Stamos given at the South by Southwest conference. Stamos said the service will scramble the content of the message, though it will not hide the subject line nor data on when and to whom the email was sent. The service will be separate from Yahoo's current email product. Reference Link
06:16 EDTWMTWal-Mart to sell Tide rival Persil in stores, WSJ reports
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06:11 EDTFBFacebook implied volatility of 25 at lower end of index mean range
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