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Stock Market & Financial Investment News

News Breaks
April 20, 2012
16:23 EDTTPX, HBI, AAPL, BAC, RVBD, BLOX, GE, MSFT, ETFC, PFPT, MCDOn The Fly: Closing Wrap
Stocks on Wall Street were mixed, with one tech heavyweight helping the Dow and another dragging on the Nasdaq. Stock futures were moderately higher following positive confidence data out of Germany, solid retail sales data in the U.K., and good earnings reports from some of the country’s largest corporations. The market opened higher but immediately found a level where the averages sat as investors digested the earnings news and subsequent conference calls. By mid-morning, however, the market picked up speed to the upside and reached its session highs. As the news flow began to slow, the market drifted lower as it struggled to hold onto its gains, with the Nasdaq finally falling into the red under the selling pressure... ECONOMIC EVENTS: In the U.S., little economic data of note was reported. In Europe, a measure of German business confidence climbed to 109.9, marking its sixth consecutive month of increase, while Spanish 10-year bond yields rose above 6%... COMPANY NEWS: Microsoft (MSFT) led the Dow higher, rising $1.41, or 4.55%, to $32.42, following its report of sales and profits that beat expectations. Weighing on the Dow, however, were shares of Bank of America (BAC), which slid 41c, or 4.68%, to $8.36, after a downgrade to a Sell rating by CLSA's Mike Mayo. Among other Dow components, McDonald's (MCD) and General Electric (GE) both advanced following their earnings reports... The sell-off in shares of Apple (AAPL) continued ahead of the company's earnings report, due Tuesday, dragging the Nasdaq lower with it... Shares of Proofpoint (PFPT), an enterprise security company, and Infoblox (BLOX), an infrastructure software developer, both moved higher following their initial public offerings. Proofpoint priced at $13 and closed up $1.08, or 8.31%, to $14.08, while Infoblox priced at $16 and rose $5.44, or 34.00%, to $21.44... MAJOR MOVERS: Among the notable gainers were Hanesbrands (HBI), up $3.08, or 11.43%, to $30.02, after its quarterly losses were not as steep as expected and the company backed its full year forecast, and E-Trade (ETFC), up 60c, or 6.08%, to $10.48, following its report of adjusted earnings and revenues that beat consensus. Noteworthy losers included Riverbed (RVBD), down $8.01, or 28.75%, to $19.85, after being downgraded by at least seven firms following its disappointing results and guidance, and Tempur-Pedic (TPX), down $17.22, or 20.56%, to $66.53, after its guidance fell short of expectations... INDICES: The Dow rose 65.16, or 0.50%, to 13,029.26; the Nasdaq fell 7.11, or 0.24%, to 3,000.45; and the S&P 500 gained 1.61, or 0.12%, to 1,378.53.
News For MSFT;BAC;MCD;GE;AAPL;PFPT;BLOX;HBI;ETFC;RVBD;TPX From The Last 14 Days
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January 20, 2015
07:28 EDTBACTreasury Institute for Higher Education to hold a symposium
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06:48 EDTGEGE financing A350 jet with Rolls-Royce engine, Reuters reports
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06:38 EDTAAPLApple stops developers in Crimea from creating App Store apps, TechCrunch says
Apple has sent out emails to app developers in Crimea telling them that they can no longer develop iPhone apps, TechCrunch reports. The move is based on new U.S. sanctions against Crimea, the Russian-annexed area of Ukraine. Reference Link
January 18, 2015
13:45 EDTAAPLGoogle in talks to acquire mobile-pay platform Softcard, WSJ says
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January 16, 2015
16:36 EDTBACMarket finishes week lower on continued oil, global growth worries
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16:00 EDTAAPL, BACOptions Update; January 16, 2015
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15:10 EDTAAPLApple volatility at upper end of five-year range
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09:47 EDTMSFTPolice arrest U.K. man in connection with Sony, Microsoft hack, Bloomberg says
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09:37 EDTBACActive equity options trading
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08:47 EDTAAPLIntel CEO says relationship with Apple 'strong'
Krzanich says he's heard the "rumors" of Apple (AAPL) looking at other types of chips for some of its products. Apple will always choose innovation and Intel's (INTC) job is to offer them the most competitive products, Krzanich said. Intel's CEO says many customers want to have a single supply source, which is a reason Intel needs to be in a broad array of businesses including mobile, PCs and servers. Krzanich says "very comfortable" with inventory levels and that Q4 played out the way the company expected. Intel CEO Brian Krzanich is speaking on CNBC.
08:25 EDTBACMorgan Stanley says to buy the dip in Bank of America
Morgan Stanley said investors are missing the fact that Bank of America's the $578M FAS91 charge is non-cash and temporary and can reverse with higher rates. The analyst said Bank of America's expense decline is ahead of expectations and expects increased capital returns. Morgan Stanley recommends buying Bank of America on the dip and reiterates its Overweight rating and $21 price target.
08:09 EDTAAPLApple price target raised to $123 from $120 at RBC Capital
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07:02 EDTBACWet Seal files for Chapter 11 bankruptcy protection
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06:45 EDTETFCE-Trade volatility increases into Q4 and outlook
E-Trade January weekly call option implied volatility is at 52, February is at 46, April is at 37, July is at 35; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on January 22.
06:27 EDTAAPLSamsung names Lee Don-tae as global design team leader, Korea Joongang says
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06:25 EDTAAPLApple to open five new stores in China in next five weeks, Xinhua News reports
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06:11 EDTAAPLEU says Amazon's tax deal with Luxembourg may violate laws, WSJ reports
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06:11 EDTAAPLApple implied volatility of 41 at upper end of index mean range
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06:10 EDTAAPLGlobal notebook shipments to reach 46M units in Q4, DigiTimes Research says
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05:59 EDTAAPLIntel aims to ship 44M tablet APs in 2015, DigiTimes reports
Intel (INTC) targets shipping 44M tablet APs in 2015 to acount for one third of the non-Apple (AAPL) tablet shipments in 2015, reports DigiTimes. According to sources from tablet players, Intel expects losses from its tablet segment to narrow significant in 2016 as it acquires a leading position in the non-Apple tablet sector. Reference Link
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