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Stock Market & Financial Investment News

News Breaks
March 18, 2012
13:18 EDTDIS, ZNGA, MSFT, VVUS, GLNG, CLNE, CAVM, INTU, CBS, MS, REGN, FSYS, WPRT, SWKS, TWX, CMCSA, AAPL, HLF, GMLP, GTLS, VRSK, SIVBEssex Invst's founder likes new energy, content, and smartphones, Barron's says
Barron's interviewed the founder and CIO of Essex Investment Management, Joseph McNay, has been beating the Russell 3000 by a wide margin this year He believes that in the short term, the market is slightly overbought. McNay looks for a pullback to the 50-day moving average on the S&P 500, which is around 132 -- and expects it could last a few weeks or a month. "Short-term interest rates are the lowest in our lives, says McNay, so it makes common stocks and gold-related investments the most interesting places to invest." "You want to be in companies that grow faster than money loses its value, so that you maintain your purchasing power," McNay notes. Stocks that pay dividends have more appeal. MCNay thinks Apple (AAPL) will raise its dividend. McNay says, in the long term, gold is still in a bull market. McNay's Picks: MSFT; AAPL; MS; ZNGA; CMCSA; CBS; DIS; TWX; INTU; SIVB; SWKS; CAVM; VRSK; WPRT; CLNE; GTLS; FSYS; GLNG; GMLP; STSS; REGN; VVUS; HLF. Reference Link
News For MSFT;AAPL;MS;ZNGA;CMCSA;CBS;DIS;TWX;INTU;SIVB;SWKS;CAVM;VRSK;WPRT;CLNE;GTLS;FSYS;GLNG;GMLP;REGN;VVUS;HLF From The Last 14 Days
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April 6, 2015
09:36 EDTAAPLActive equity options trading on open
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09:31 EDTCMCSAComcast Business to expand Ethernet in East Bay with $2M fiber extension
Comcast Business announced an expansion of its multi-gigabit Ethernet service to three business parks in the Northern California towns of Pleasanton, Hayward and Fremont. The high-speed fiber-based network build outs together total close to $2M in investment by Comcast in the East Bay, making available reliable Internet speeds to the more than 1,500 businesses in the community by offering reliable Internet speeds up to 20 times faster than traditional 1.5 Mbps DSL or T-1 service.
09:26 EDTHLFHerbalife moves down in pre-market
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09:22 EDTHLF, SWKSOn The Fly: Pre-market Movers
HIGHER: Uniqure (QURE), up 44.2% following strategic collaboration with Bristol-Myers (BMY)... Cytori Therapeutics (CYTX), up 22.4% after Lorem Vascular receives regulatory clearance in China... Curis (CRIS), up 8.5% after FDA grants orphan drug designation to CUDC-907 for the treatment of Diffuse Large B-Cell Lymphoma... Capnia (CAPN), up 5.9% after being awarded a $220,000 NIH grant... Tesla (TSLA), up 3.8% after reporting first quarter deliveries up 55% to 10,030 cars... Ariad (ARIA), up 3.4% following approval of Iclusig in Canada... Lumber Liquidators (LL), up 3.1% after being upgraded to Outperform from Market Perform at Raymond James. LOWER: Magnum Hunter (MHR), down 8.9% after being downgraded to Hold from Buy at Wunderlich... Herbalife (HLF), down following CNBC report that federal law enforcement agencies contacted the company regarding its business practices... Qualcomm (QCOM), down 2.2% following a Wall Street Journal report that the Samsung (SSNLF) Galaxy S6 did not have a Qualcomm LTE modem... Skyworks (SWKS), down 2.1% after being downgraded to Equal Weight from Overweight at Stephens.
08:13 EDTSWKSSkyworks downgraded at Stephens
As previously reported, Stephens downgraded Skyworks to Equal Weight from Overweight. The firm downgraded shares based on valuation and said fundamentals remains solid. Price target raised to $100 from $85.
07:45 EDTMSFTMicrosoft upgraded at Wells Fargo
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07:34 EDTMSFTWells Fargo upgrades Microsoft on improved strategic position
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07:29 EDTAAPLApple Watch cannot launch in Switzerland due to patent issue, Reuters says
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07:15 EDTSWKSSkyworks downgraded to Equal Weight from Overweight at Stephens
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06:31 EDTMSFTMicrosoft upgraded to Outperform from Market Perform at Wells Fargo
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06:28 EDTMSFTMicrosoft completes latest round of layoffs, Business Insider reports
Microsoft has completed its latest round of layoffs in a move to "remove role overlap, optimize activities and functions, align disciplines with the rest of Microsoft, and, perhaps most importantly, reshape IT for the skills we need to transform," Business Insider reports, citing an email from Chief Information Officer Jim DuBois. A company spokesperson commented that the company believes this will be the "last of the anticipated broad cuts as part of the restructuring plan announced last July." Though it is unclear how many employees were laid off in this round, affected workers are coming from Microsoft's divisions and not focused on former Nokia employees. Reference Link
06:20 EDTAAPLGarmin downgraded to Sell from Buy at Citigroup
Citigroup analyst Jeremy David downgraded Garmin two notches to Sell from Buy saying competitive pressures are likely to stall the growth of the company's GPS fitness watch business. He also thinks revenue trends in Garmin's Outdoor segment could disappoint as the year progresses. David expects Garmin to miss consensus earnings and revenue expectations in Q1 and views the Apple (AAPL) Watch launch as another potential negative catalyst for shares. He cut his price target for the stock to $42 from $68. Shares of the navigation and information device maker closed Thursday down 58c to $46.49 after Goldman Sachs downgraded the stock Neutral from Buy.
06:17 EDTHLFHerbalife contacted by federal investigators, CNBC says
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06:11 EDTAAPLSamsung expected to win A9 chip orders for next iPhone, Bloomberg reports
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April 5, 2015
18:57 EDTHLFHerbalife holder Stiritz has no plans to sell Herbalife stake, Bloomberg says
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18:34 EDTCMCSA, DIS, TWXComcast's 'Furious 7' leads at weekend box office with $143.6M
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16:56 EDTAAPLEU considers major probe into Internet platforms, WSJ says
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16:37 EDTDISDisney to invest $250M in fantasy site DraftKings, WSJ says
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14:11 EDTHLFWilliam Stiritz reports 8.24% passive stake in Herbalife
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09:10 EDTAAPLApple Watch to be sold by appointment only, Barron's says
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