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Stock Market & Financial Investment News

News Breaks
February 19, 2013
10:01 EDTMLNX, INTCIntel new products to compete with Mellanox offerings, Register says
Intel (INTC) is positioning its new QDR-80 InfiniBand to compete against Mellanox (MLNX) FDR, according to The Register. Reference Link
News For MLNX;INTC From The Last 14 Days
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June 18, 2013
17:12 EDTINTCNvidia to begin licensing GPU cores, visual computing portfolio
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15:03 EDTINTCIntel recommends shareholders reject TRC Capital's 'mini tender' offer
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08:17 EDTINTCIntel reportedly plans high-end Haswell PC chips for 2014, BGR says
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June 17, 2013
08:41 EDTMLNXMellanox to demonstrate InfiniBand connectivity with NVIDIA Tegra processor
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June 13, 2013
06:40 EDTINTCCable companies looking to derail Intel broadcast bid, NY Times says
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June 12, 2013
07:45 EDTINTCTime Warner Cable offers incentives to discourage web TV, Bloomberg says
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June 11, 2013
16:00 EDTINTCOptions Update; June 11, 2013
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06:24 EDTINTCIntel may step out of brand esrver motherboard business, DigiTimes says
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June 10, 2013
14:01 EDTINTCApple announces updated MacBook Air
Apple (AAPL) announced its updated MacBook Air with all day battery life, fourth generation Intel (INTC) Core processors with faster graphics, 802.11ac Wi-Fi and flash storage that is up to 45% faster than the previous generation. The notebook is now an even better value, with 11-inch models featuring double the storage and 13-inch models starting at a new lower price of $1,099. Apple also introduced completely redesigned AirPort Extreme and AirPort Time Capsule base stations featuring 802.11ac Wi-Fi for up to three times faster performance. The thin and light design features dual microphones, a FaceTime HD camera, a high-speed Thunderbolt port and two USB 3.0 ports. MacBook Air also supports dual displays and video mirroring while simultaneously supporting full native resolution on the built-in display. MacBook Air ships with OS X(R) Mountain Lion. MacBook Air is available immediately through the Apple Online Store, Apple's retail stores and Apple Authorized Resellers. The 11-inch MacBook Air comes with a 1.3 GHz processor with Turbo Boost speeds up to 2.6 GHz, 4GB of memory and is available with 128GB of flash storage starting at $999, and 256GB of flash storage starting at $1,199. The 13-inch MacBook Air comes with a 1.3 GHz processor with Turbo Boost speeds up to 2.6 GHz, 4GB of memory and is available with 128GB of flash storage starting at $1,099, and 256GB of flash storage starting at $1,299.
13:53 EDTINTCApple confirms use of Intel 'Haswell' chips in new Macbook Air line
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13:11 EDTINTCAnalyst says Apple to update iMac with Intel chip, Inquirer says
According to KGI Securities analyst, Ming-Chi Kuo, Apple (AAPL) will update its iMac line to use Intel (INTC) Haswell processors by July, reports the Inquirer. Reference Link
11:01 EDTINTCIntel trades higher, levels to watch
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07:17 EDTINTC, MLNXStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
June 7, 2013
10:32 EDTINTCIntel falls, but trades off earlier lows, levels to watch
The current share price is at $24.48, down less than a percent and off the low of the day at $24.22. Piper Jaffray downgraded the stock to Underweight and lowered its price target to $20, down from $21. The firm was concerned about declining PC sales and its impact on its business lines. Resistance is at $25.28. Support below $24.22 is at $23.87.
10:11 EDTMLNXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray.
10:11 EDTINTCOn The Fly: Analyst Downgrade Summary
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09:27 EDTINTCOn The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray.
07:52 EDTMLNXMellanox initiated with a Hold at Topeka
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05:41 EDTINTCIntel downgraded to Underweight from Neutral at Piper Jaffray
Piper Jaffray downgraded Intel to Underweight citing the recent rally in shares and the continued decline in the company's core PC business. Piper lowered its price target for shares to $20 from $21.
June 6, 2013
08:58 EDTINTCIntel new tablet chip could cause cannibalization, says Sterne Agee
Sterne Agee believes that Intel's (INTC) new chip for tablets, Silvermont, could cause consumers to choose Microsoft (MSFT) tablets over Microsoft notebooks. The firm notes that Intel makes significantly more money from each Microsoft notebook than each Microsoft tablet. It keeps a $20 price target and Neutral rating on Intel.
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