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Stock Market & Financial Investment News

News For MSFT;BBY;WMT;AAPL;GOOG;INTC;NVDA From The Last 14 Days
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February 11, 2016
06:39 EDTGOOGGoogle faces further questioning in U.K. over tax settlement, Bloomberg says
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05:10 EDTAAPLApple implied volatility of 31 at lower end of index mean range
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February 10, 2016
19:51 EDTAAPLTSMC to be exclusive processor supplier for next iPhone, Reuters says
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16:45 EDTGOOGTwitter to fix 'confusing parts,' says timeline change already producing results
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16:09 EDTMSFTMicrosoft, Acer expand partnership
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16:00 EDTAAPL, MSFTOptions Update; February 10, 2016
iPath S&P 500 VIX Short-Term Futures up 18c to 28.06. Option volume leaders: AAPL FB BAC TWTR DIS NFLX TSLA MSFT CSCO ETE CBOE Volatility Index VIX -24c to 26.30, intra-day range 24.47 to 26.60 cboe.com/VIX
15:36 EDTGOOGGoogle to increase search 'scrubbing' to appease EU regulators, Reuters says
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11:40 EDTGOOG, MSFTEarnings Watch: Twitter to report Q4 earnings amid takeover speculation
Twitter (TWTR) is expected to report fourth quarter earnings after the market close on Wednesday, February 10 with a conference call scheduled for 5:00 pm ET. Twitter is a real-time social media platform with more than 320M active users. EXPECTATIONS: Analysts are looking for earnings per share of 12c on revenue of $709.94M. The consensus range is 6c-16c for EPS and $695.0M-$726.51M for revenue, according to First Call. LAST QUARTER: Twitter reported third quarter adjusted EPS of 10c against estimates of 5c, on revenue of $569M against estimates of $559.6M. Twitter reported Q3 Monthly Active Users were up 11% to 320M. Excluding SMS Fast Followers, MAUs were 307M for the third quarter, up 8% year-over-year, and compared to 304M in the previous quarter. Mobile MAUs represented approximately 80% of total MAUs. In its Q3 earnings report, the company gave Q4 revenue guidance of $695M-$710M and Q4 adjusted EBITDA guidance of $155M-$175M. During its conference call, Twitter CEO Jack Dorsey said the company reduced the workforce by roughly 8%. He added that the focus with Moments is now making the feature easier to discover for Twitter users and will roll out the marketing campaign over the rest of the year and into 2016. NEWS AND STREET RESEARCH: Earlier today, Twitter announced that it is introduce a new Home timeline feature that gives users the option to "see the best Tweets first." The algorithmically generated timeline will show the tweets out of order based on what they think users want to see most. Dorsey had also confirmed last month that the company will change the 140-character rule. Over the past quarter, Twitter has had to address changes to its company as the stock price has dropped over 50%. In late January, Dorsey confirmed the departures of four executives. They include Twitter's head of product, Kevin Weil, head of media, Katie Stanton, head of engineering, Alex Roetter, and head of human resources, Brian "Skip" Schipper. Following the executive exits, Stifel downgraded the company to Hold, saying that it does not see how the departures can be viewed as positive in the middle of an attempted business turnaround. Evercore added that the likelihood of near-term growth re-acceleration at Twitter looks less likely following the departures. The analyst adds that traffic trends and agency channel checks continue "to point to the worst" for the company. Goldman lowered its price target to $28 after the executive exits, arguing that continued management instability likely further delays the development of the technology and product needed for Twitter to see user growth, engagement, and monetization. The firm also cut their Twitter 2016-2017 revenue estimates by 5%. As the stock price continues to fall, The Information reported that Marc Andreessen and Silver Lake have considered a deal for Twitter. Cantor added that Twitter is in play as a possible takeover target. Potential suitors include Alphabet (GOOG, GOOGL), Facebook (FB) and Microsoft (MSFT), the analyst contends. On the media side, the firm thinks 21st Century Fox (FOXA), Disney (DIS), Comcast (CMCSA) or Time Warner (TWX) could express interest in Twitter. A Re/code report said that Twitter could name two new board members when it announces its Q4 earnings tonight. The new board members are likely to take the place of Peter Chernin and Peter Currie, two current directors; potential names that have been mentioned for the company's board include Shonda Rhimes, Oprah and Kendrick Lamar. PRICE ACTION: Twitter shares are down over 45% in the last three months. In Wednesday midday trading ahead of its Q4 report, Twitter shares are trading up 1.9%.
09:38 EDTAAPL, INTCActive equity options trading on open; FB NFLX INTC DIS AAPL BAC CSCO JNJ SCTY
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07:43 EDTMSFTVMware board change prompts questions on possible CEO change, Re/code reports
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06:27 EDTMSFTTwitter can learn something from Yahoo, WSJ says
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06:20 EDTGOOGGoogle awarded patent for 'autonomous delivery platform,' Fortune says
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06:17 EDTGOOGNHTSA: AI system in self-driving Google car counts as driver, Reuters says
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05:13 EDTAAPLApple implied volatility of 31 at lower end of index mean range
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February 9, 2016
16:09 EDTAAPLOptions Update; February 9, 2016
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15:07 EDTAAPL, MSFTOption volume leaders: FB AAPL BAC MSFT NFLX TWTR GE MU DIS TSLA CSCO C GM
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15:02 EDTGOOG, AAPLEarnings Watch: Akamai to report as client losses, Google competition looms
Akamai (AKAM) is expected to report fourth quarter earnings after the close on Tuesday, February 9, with a conference call scheduled for 4:30 pm ET. Akamai is a provider of cloud computing services and content delivery networks. EXPECTATIONS: Analysts are looking for earnings per share of 62c on revenue of $568.72M. EPS consensus ranges 58c-64c on a revenue range of $559.0M-$576.23M, according to First Call. During the company's last earnings conference call, Akamai forecast Q4 EPS of 60c-64c on revenue of $557M-$577M, and also noted expectations for declining revenue from its large media clients. LAST QUARTER: On October 27, Akamai reported third quarter EPS of 62c against expectations for 58c, and revenue of $551M versus estimates of $550.29M. NEWS: On November 2, Akamai announced the acquisition of cybersecurity firm Bloxx, which it said would enhance its cloud security offerings. On November 19, the company announced a collaboration with Google (GOOG, GOOGL) to reduce hosting and traffic costs for Akamai customers who also use Google's cloud platform. In early December, Google quietly began rolling out its own cloud content delivery network. STREET RESEARCH: Akamai saw no less than five analyst downgrades following its last earnings report, with JPMorgan, Canaccord, Cowen, Craig-Hallum, and FBR all negative on the company in the wake of its disappointing guidance and lower traffic growth from its three largest customers. On November 20, Goldman Sachs downgraded Akamai to Sell and lowered its price target to $52 from $62, with the research firm highlighting reduced orders from large clients as well as an industry focus on cutting download sizes. On November 24, JMP Securities said its checks with content delivery network experts revealed that "very few" of Akamai's clients other than its largest customers can build their own CDN systems. The firm reiterated its Outperform rating and $85 target on the shares, saying Akamai is well-positioned for the growing opportunity in over-the-top streaming and the convergence of cloud security and CDN. On December 9, JPMorgan said Apple's (AAPL) suspension of its TV streaming plans removes a catalyst for Akamai's media business recovery, leading the research firm to struggle to see a near-term driver of sustainable volume improvement. Following reports of Google planning its own content delivery network, JPMorgan and Craig-Hallum cut their outlooks on Akamai on December 14, saying the news could mark a first step toward Google competing for some of Akamai's business. PRICE ACTION: Shares of Akamai have slipped 2.4% to $40.00 ahead of Tuesday's results.
12:03 EDTMSFTStocks with call strike movement; DIS MSFT
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10:21 EDTGOOG, AAPLRising competition may weigh on PayPal margins, analyst says
Research firm Piper Jaffray warned that PayPal continues to face increased competition, which may weigh on its results. Meanwhile, the company announced a change in its Chief Technology Officer. PIPER STICKS WITH SELL RATING: Other leading digital payment systems are becoming more competitive with PayPal's offering, according to well-known Piper Jaffray analyst Gene Munster. More financial and technology competitors - including Visa (V), MasrterCard (MA), Google (GOOG,GOOGL), Samsung and Apple (AAPL) - are offering "similar functionality" to PayPal, Munster believes. Moreover, Apple and and Samsung will begin accepting mobile Web payments in 2016, intruding on PayPal's core competency, and Facebook (FB) is looking to partner with multiple players in the space, Munster noted. The credit card networks are poised to launch online checkout systems, further increasing PayPal's competition, Munster warned. In the face of all this competition, PayPal's appeal to its customers is questionable, according to the analyst, who kept a $33 price target and Underweight rating on the shares. WHAT'S NOTABLE: PayPal announced that its CTO, James Barrese, would resign "to take time off." Barrese will be replaced, effective April 1, by Sri Shivananda, who led eBay's (EBAY) Global Platform and Infrastructure team, PayPal reported. Shivananda's team has worked closely with PayPal, the company noted. PRICE ACTION: In early trading, PayPal slipped about 1% to $33.30.
09:34 EDTMSFT, AAPLActive equity options trading on open
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