New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For MSFT;BBY;WMT;AAPL;GOOG;INTC;NVDA From The Last 14 Days
Check below for free stories on MSFT;BBY;WMT;AAPL;GOOG;INTC;NVDA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | all recent news | >>
September 1, 2014
12:25 EDTMSFTMicrosoft given deadline to answer antitrust questions in China, WSJ says
China officials have given Microsoft 20 days to answer questions on compatibility and bundling issues with its Windows and Office software, says the Wall Street Journal. Microsoft is currently facing an antitrust probe into its business practices in China, added the Wall Street Journal. Reference Link
August 31, 2014
17:14 EDTAAPL, GOOGApple said to be partnering to develop iPhone wallet, Bloomberg says
Subscribe for More Information
13:27 EDTINTCAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 30, 2014
10:08 EDTAAPLRF Micro Devices, Micron better play on Apple suppliers, Barron's says
Subscribe for More Information
August 29, 2014
18:24 EDTINTCIntel hires senior Qualcomm executive to bolster mobile business, Reuters says
Subscribe for More Information
16:40 EDTBBYStocks finish week higher after upbeat U.S. data reported
Subscribe for More Information
16:01 EDTAAPLOptions Update; August 29, 2014
Subscribe for More Information
14:33 EDTAAPLApple volatility low, shares near record high into September 9 press event
Apple September weekly call option implied volatility is at 20, September is at 24, October and January is at 22; compared to its 26-week average of 25 according to Track Data, suggesting decreasing price movement into its upcoming September 9 press event.
12:06 EDTAAPLApple smartwatch device won't ship until 2015, Re/code reports
Subscribe for More Information
11:28 EDTBBYOptions with decreasing implied volatility
Options with decreasing implied volatility: ITMN EXPR DSW ARUN ANF SWHC BIG TSL BBY PSEC
09:37 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:22 EDTAAPLOn The Fly: Pre-market Movers
Subscribe for More Information
09:14 EDTAAPLNXP to provide NFC chips for upcoming iPhone, FT reports
NXP Semiconductors (NXPI) will provide Apple (AAPL) with secure near-field communications chips for its next iPhone, according to Financial Times, citing Several people familiar with the phonemaker's plans. Shares of NXP trading in New York are up 3% pre-market following the report. Reference Link
08:07 EDTWMTWal-Mart challenges Alibaba with additions to online site in China, WSJ says
Subscribe for More Information
August 28, 2014
19:36 EDTGOOGGoogle has been developing delivery drones for two years, The Atlantic reports
Subscribe for More Information
17:52 EDTGOOGGoogle's Megan Smith top candidate for U.S. CTO role, Bloomberg says
Subscribe for More Information
17:39 EDTGOOGGoogle's Smith said to be top candidate for U.S. CTO job, Bloomberg says
16:00 EDTAAPLOptions Update; August 28, 2014
Subscribe for More Information
13:36 EDTAAPL Apple's new iPhone may offer NFC mobile payments, Wired says
Apple's (AAPL) new iPhone which is expected to debut on September 9 will feature NFC technology that will enable mobile payments, says Wired, citing unnamed sources. Apple is in a good position to enter the mobile payment space as the company has a multitude of credit cards on file from iTunes, added Wired. Note that On Track Innovations (OTIV) which designs, develops, and markets cashless payment solutions, is up 19% in afternoon trading after this report circulated. Reference Link
13:15 EDTGOOG, AAPLAndroid dominates in China, South China Morning Post says
Subscribe for More Information
12:07 EDTAAPLApple officially sends invites for September 9 event, Business Insider says
Apple has officially sent out invitations for its September 9 event, Business Insider reports. Apple is expected to unveil the iPhone 6 and could also debut the iWatch. Reference Link
11:00 EDTAAPLGT Advanced falls after analyst downgrades to Underperform
Subscribe for More Information
10:07 EDTAAPLApple patent points to wireless charging plans for iWatch, AppleInsider says
Subscribe for More Information
09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR FB TSLA C DRYS NFLX YHOO PAY AMZN
07:28 EDTMSFTMicrosoft CEO to visit China in September, Reuters says
Subscribe for More Information
06:26 EDTAAPLJudge denies Apple request to block sale of Samsung devices, AP says
A federal judge denied Apple's (AAPL) request to block the sale of nine older Samsung phones that were found to have infringed on Apple patents, according to the Associated Press. Apple did not adequately prove that it was hurt by the sale of Samsung's devices, the news service quoted the judge as saying. Reference Link
August 27, 2014
16:00 EDTAAPLOptions Update; August 27, 2014
iPath S&P 500 VIX Short-Term Futures up 26c to 27.89 Option volume leaders: AAPLTWTR TSLA PBR RSH GILD MCD AMZN WFM according to Track Data.
15:24 EDTAAPLCalifornia judge rules against Apple in patent suit with Samsung, Bloomberg says
Subscribe for More Information
13:23 EDTAAPLApple may announce wearable device at September event, Re/code reports
Apple could announce a new wearable device alongside two next-generation iPhones at its September 9 event, Re/code reports. The wearable is likely to make use of the company's HealthKit health and fitness platform, the publication says. Reference Link
12:52 EDTBBYBest Buy rebounds after analysts defend stock
Shares of Best Buy (BBY) are advancing after a number of analysts defended the stock in the wake of the weaker than expected guidance that the company provided yesterday. WHAT'S NEW: After Best Buy yesterday morning reported slightly lower than expected second quarter revenue and estimated that its same-store sales would rise by a weaker than expected low single digit percentage in the second half of 2014, Piper Jaffray analyst Peter Keith said the results were solid while the guidance looks conservative. Best Buy's consumer electronics sales rose for the first time in several years last quarter and its U.S. comparative sales numbers were "decent," while its online sales surged 22%, Keith noted. Best Buy's sales guidance looks conservative because the retailer should benefit from the launch of Apple's (AAPL) iPhone 6 next month, while its TV sales, which are rebounding, historically become a larger part of its total sales in Q3 and Q4, the analyst wrote. He reiterated a $34 price target and Overweight rating on the shares. Meanwhile, Deutsche Bank wrote that Best Buy is significantly cutting its costs, as the firm had predicted. It believes that the retailer can reduce its costs meaningfully going forward and it kept a $33 price target and Buy rating on the stock. PRICE ACTION: In early afternoon trading, Best Buy advanced $1.49, or 5%, to $31.29. Yesterday, the stock fell nearly 7% following the company's quarterly report, which was issued before the opening bell.
12:07 EDTGOOGOn The Fly: Midday Wrap
Subscribe for More Information
11:49 EDTBBYBest Buy rallies on heavy volume, levels to watch
Volume is already running at more than 150% of the daily average, with the shares up 5.4% to $31.41. The move has nearly filled the bearish gap from yesterday, the top of which is at $31.99. That level remains resistance. Positive commentary from Piper Jaffray and Deutsche Bank this morning have helped spur the rally. Support is at $30.95.
10:36 EDTBBYOptions with decreasing implied volatility
Subscribe for More Information
10:02 EDTAAPLActive equity options trading on open
Subscribe for More Information
08:45 EDTAAPLMovado downgraded to Equal Weight at Stephens
Subscribe for More Information
07:53 EDTGOOGFacebook LiveRail buy could set up competition with Google, says William Blair
Subscribe for More Information
07:23 EDTINTCIntel plans high-end 'smart bracelet,' Business Insider says
Subscribe for More Information
07:02 EDTBBYBest Buy can cut costs further, says Deutsche Bank
Subscribe for More Information
06:56 EDTBBYBest Buy 2H14 guidance looks conservative, says Piper Jaffray
Subscribe for More Information
06:37 EDTAAPLApple may introduce a thinner MacBook as early as this year, Digitimes says
Apple could introduce a slimmer MacBook at the end of 2014 or in 2015, and production of components has begun in small volumes, Taiwan-based supply chain makers tell DigiTimes. The MacBook Air is currently 0.3-1.7cm thick, while the MacBook Pro with Retina has a thickness of 1.8cm. Reference Link
06:17 EDTGOOGGoogle to open new startup center in Seoul, WSJ reports
Subscribe for More Information
August 26, 2014
19:53 EDTAAPLApple may introduce a thinner, lighter MacBook as early as Q4, Digitimes says
16:22 EDTBBYOn The Fly: Closing Wrap
Subscribe for More Information
16:02 EDTAAPLOptions Update; August 26, 2014
iPath S&P 500 VIX Short-Term Futures up 27c to 27.69. Option volume leaders: AAPL TSLA TWTR AMZN GILD JNS NFLX according to Track Data.
15:24 EDTBBYBest Buy valuation compelling, says BofA/Merrill
14:59 EDTAAPLApple readying larger iPad for 2015 launch, Bloomberg says
Subscribe for More Information
14:58 EDTBBYBest Buy still poised to beat Q4 expectations, says Jefferies
After Best Buy reported lower than expected Q2 revenue, Jefferies still expects the company to rebound in 2H14, with Q4 results beating expectations. The firm expects the company to benefit from positive product cycle trends in 2H14 and says that its Q2 sales were in-line with its expectations. Jefferies keeps a $38 price target and Buy rating on the shares.
14:54 EDTBBYBest Buy risk/reward favorable, says Credit Suisse
Credit Suisse remains a buyer of Best Buy and said risk/reward is favorable. The firm was not surprised by negative comps and lower earnings forecasts for the rest of the year and believes the company is poised to report Q4 upside. Shares are Outperform rated with a $40 price target.
14:47 EDTBBYBest Buy shares defended at Jefferies
Subscribe for More Information
14:24 EDTAAPLL.A. school district halts $1B Apple iPad contract, LA Times reports
Subscribe for More Information
14:17 EDTBBYInvestors should sell Best Buy, Barron's reports
Subscribe for More Information
13:48 EDTAAPLApple granted patent on flexible screen technology, AppleInsider says
Subscribe for More Information
13:15 EDTGOOGGoogle announces acquisition of Zync Render
Google announced in a corporate blog post that Zync Render, the visual effects cloud rendering technology behind Star Trek Into Darkness and Looper, is joining the Google Cloud Platform team. Reference Link
13:09 EDTGOOGAntitrust, breakup fee concerns hinder Google's Twitch acquisition, Forbes says
Subscribe for More Information
12:24 EDTBBYOn The Fly: Midday Wrap
Subscribe for More Information
12:04 EDTNVDA, GOOGVMware, NVIDIA, Google announce graphics collaboration
VMware (VMW), NVIDIA (NVDA) and Google (GOOG) announced a collaborative effort to deliver high-performance virtual desktops and workstation-class graphics to Google Chromebooks. The joint effort is expected to expand the hardware options for high-performance virtual desktops, VMware said.
11:23 EDTBBYTRW September volatility elevated
Subscribe for More Information
11:12 EDTBBYHigh option volume stocks
Subscribe for More Information
11:09 EDTBBYBest Buy shares decline as Best Buy reports Q2 sales drop
Shares of multi-channel Best Buy (BBY) are retreating after the firm reported that sales declines continued through the second quarter. WHAT'S NEW: Best Buy's Q2 earnings per share from continuing operations was 44c, exceeding analysts' consensus estimates of 31c. The company's Q2 revenue was $8.9B, which was slightly lower than analysts' $8.99B consensus. Same-store-sales for the quarter declined 2.7%, which is better than the overall industry sales decline of 2.5% as reported by NPD. Best Buy Chief Executive Officer Hubert Joly noted that traffic to the company's brick and mortar stores continued to decline as consumers research and buy online. Joly noted that in-store conversion and online traffic continued to increase during the quarter. Joly said that in the back half of the year, the retailer plans to intensify its investments in customer-facing initiatives. Chief Financial Officer and Chief Administrative Officer Sharon McCollam reiterated that industry-wide sales are continuing to decline in many of the consumer electronics cateogries in which it competes, and said the retailer is seeing "ongoing softness" in the mobile phone category ahead of new product launches. She forecast SSS down in the low single digits for both the third and fourth quarters and sees Q3 and Q4 operating income in line with the first half of the year. For the back half of the year, McCollam sees continued industry softness and higher promotionality in Canada and China. WHAT'S NOTABLE: During the company's conference call, Best Buy said that it is "encouraged" by the response to 4K televisions and aims to expand its holiday gift centers within stores. The company's CFO McCollam said that the firm's mobile phone category is "complicated to forecast." She feels that the disruption of carriers "could have impact" that the technology retailer did not anticipate. McCollam said that despite great excitement for some high-profile phone launches, there is still a great deal of competition in the lower-end of the phone market. In terms of the start of the upcoming quarter, Best Buy feels that the beginning has been "in-line" with expectations. ANALYST OPINION: ISI analyst Greg Melich feels that Best Buy's Q2 EPS beat was due to a slightly less dramatic decrease in gross margins and improved cost controls. He feels that the market is likely to pay close attention to continued sales decreases when predicting the rest of the year despite the better than anticipated quarterly EPS results. Melich said that he will keep an eye out for positive signs that Q4 will experience an improvement given the highly promotional and competitive landscape last year. The analyst keeps the stock with a neutral rating and a $31.99 price target. PRICE ACTION: In morning trading, Best Buy fell $1.59, or 4.97%, to $30.40. OTHERS TO WATCH: Best Buy peers include RadioShack (RSH) and hhgregg (HGG).
11:01 EDTBBYBest Buy shares defended at Morgan Stanley
10:15 EDTAAPLApple volatility low as shares near record high into iPhone 6 cycle
Subscribe for More Information
09:35 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:01 EDTMSFTElectronic Arts launches Madden NFL 15 on Xbox One, PS4
Subscribe for More Information
08:56 EDTBBYOn The Fly: Pre-market Movers
HIGHER: Tim Hortons (THI), up 10.5% after announcing merger agreement with Burger King (BKW), which is up 4% after the news. Burger King CEO Schwartz will become group CEO of the new company and Berkshire Hathaway (BRK.A) has committed $3B of preferred equity financing for the deal... DSW (DSW), up 12% after reporting Q2 earnings beat, FY14 outlook above consensus... Kite Pharma (KITE), up 17% after announcing phase 1-2a results from trial of potential treatment of non-Hodgkin's lymphoma... Mobileye (MBLY), up 4.4% after coverage of stock initiated at several research firms, including Morgan Stanley which started with an Overweight rating and $46 price target and named it a new top pick... Kandi Technologies (KNDI), up 9% following Bloomberg report on Chinese government considering funding for electric car chargers. LOWER: Best Buy (BBY), down 3.7% after reporting Q2 revenue below consensus, Q2 same-store sales decline of 2.7%... Sanderson Farms (SAFM), down 5.9% after Q3 earnings, revenue miss estimates... Movado (MOV), down 5.1% after Q2 revenue miss expectations... DOWN AFTER EARNINGS: Prospect Capital (PSEC), down 3.5%... Trina Solar (TSL), down 7.6%.
08:55 EDTNVDAEU antitrust regulators could open Qualcomm investigation, Reuters reports
Subscribe for More Information
08:54 EDTBBYBest Buy CEO says beginning of quarter has been 'in-line with expectations'
Subscribe for More Information
08:44 EDTBBYBest Buy CFO says mobile phone category 'complicated to forecast'
Subscribe for More Information
08:18 EDTBBYBest Buy CEO says 'encouraged' by response to 4K televisions
Subscribe for More Information
07:57 EDTGOOGGoogle still has multiple positive catalysts, says Bernstein
Subscribe for More Information
07:20 EDTINTC, NVDA, MSFT, AAPLTablets seen declining, notebooks growing in 2014, DigiTimes says
Subscribe for More Information
07:10 EDTBBYBest Buy sees Q3, Q4 operating income rate up in line with 1H
Subscribe for More Information
07:04 EDTBBYBest Buy sees ongoing softness in mobile phone category
Subscribe for More Information
07:03 EDTBBYBest Buy CFO sees SSS down in low single digits in Q3, Q4
Subscribe for More Information
07:02 EDTBBYBest Buy: Benefits of Renew Blue cost reduction drove Q2 results
Subscribe for More Information
07:01 EDTBBYBest Buy reports Q2 continuing ops EPS 44c, consensus 31c
Subscribe for More Information
06:26 EDTINTCIntel looking to ship 25M tablet processors in 2H, DigiTimes reports
Intel is looking to ship 25M units of its tablet processors in 2H in a move to ship 40M units this year, sources from the upstream supply chain tell DigiTimes. The company shipped under 15M tablet processors in 1H. Reference Link
06:10 EDTMSFTMicrosoft's web browser, media player targeted in China probe, Telegraph says
Subscribe for More Information
August 25, 2014
19:58 EDTMSFTRoyalty cap for Nokia, Microsoft deal may be ordered by S. Korea, Bloomberg says
The Fair Trade Commission of South Korea may implement a cap on royalty fees for Nokia (NOK) patents as a condition when they hold a meeting next month to approve the Microsoft (MSFT), Nokia deal, Bloomberg reports, citing the Seoul Economic Daily. Reference Link
16:00 EDTAAPLOptions Update; August 25, 2014
Subscribe for More Information
15:18 EDTBBYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Best Buy (BBY), consensus 31c; Golar LNG (GLNG), consensus (7c); DSW (DSW), consensus 32c; Tech Data (TECD), consensus 77c; Sanderson Farms (SAFM), consensus $3.82; Movado (MOV), consensus 54c; Trina Solar (TSL), consensus 14c.
14:14 EDTBBYBest Buy technical comments ahead of results
Subscribe for More Information
14:05 EDTGOOGAmazon has agreed to buy videogame site Twitch for more than $1B, WSJ reports
Subscribe for More Information
13:47 EDTWMTWal-Mart launching chip-enabled store-brand MasterCard
Subscribe for More Information
13:08 EDTGOOGAmazon in late-stage talks to buy Twitch, The Information reports
Subscribe for More Information
12:01 EDTMSFTMicrosoft says Royal Caribbean providing 40K crew members with Windows tablets
Subscribe for More Information
11:35 EDTAAPLAlphaOne's Dan Niles says larger screened iPhone should help upgrade cycle
Subscribe for More Information
10:24 EDTBBYBest Buy weekly volatility increases into Q2 and outlook
Subscribe for More Information
09:35 EDTAAPLActive equity options trading on open
Subscribe for More Information
07:44 EDTGOOG, AAPLMobileIron could benefit from BlackBerry replacements, says Deutsche Bank
Subscribe for More Information
07:38 EDTAAPLiPad still important for Apple despite declining market share, WSJ says
Subscribe for More Information
06:30 EDTINTCIntel, Chunghwa Telecom sign cooperation MOU for IoT, DigiTimes reports
Subscribe for More Information
06:28 EDTAAPLTSMC slated to commence 16nm volume production in 1Q15, DigiTimes reports
TSMC (TSM) is expected to start volume production of its 16nm process in 1Q15, DigiTimes reports, citing the Chinese-language Economic Daily News. The company sees monthly output of 50,000 wafers to meet demand for Apple's (AAPL) A9 processors, the report says. Reference Link
06:00 EDTGOOG, MSFTMicrosoft readying Chromecast competitor, GigaOM reports
Microsoft (MSFT) is building a competitor to Chromecast (GOOG), GigaOM reports, citing documents filed last week with the FCC. The documents reveal that the streaming dongle will come with an HDMI port, Wi-Fi and a USB connection for power supply. Reference Link
August 24, 2014
21:56 EDTNVDA, INTCB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
21:53 EDTGOOG, WMTNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
19:32 EDTAAPLApple's newest cloud offering could be most successful, Barron's says
Subscribe for More Information
16:46 EDTGOOG, AAPL, MSFTChina looks to establish 'homegrown operating system,' Reuters says
China is looking to help its computer technology industry by developing its own "homegrown operating system by October," says Reuters. China's "homegrown operating system" would pose a challenge to imported rivals like Microsoft (MSFT), Google (GOOG) and Apple (AAPL), added Reuters. Reference Link
15:01 EDTAAPLApple's iPad still has largest market share in tablets, WSJ says
Despite slowing growth, Apple's iPad still has the largest market share in tablets and is still profitable with some estimating second quarter margins of 30% on the product, says the Wall Street Journal. The iPad is also an important extension for Apple's iOS platform. added the Wall Street Journal. Reference Link
14:36 EDTAAPLBlackBerry wins another court victory against Typo Products, WSJ says
Subscribe for More Information
14:09 EDTMSFT, GOOGAmazon develops ad sales program in challenge to Google and Microsoft, WSJ says
Amazon (AMZN) is developing its own software for placing ads online that may utilize the online retailer's knowledge of millions of Web shoppers, says the Wall Street Journal. Amazon's new ad platform which is called Amazon Sponsored Links may be tested this year and is a potential challenge to Google's (GOOG) and Microsoft's (MSFT) advertising business, added the Wall Street Journal. Reference Link
August 22, 2014
15:15 EDTGOOGGoogle wins victory in German publisher complaint, Re/code says
Subscribe for More Information
13:53 EDTGOOGGoogle acquires Gecko Design
Subscribe for More Information
11:59 EDTMSFTGameStop surges after Q2 EPS, revenue beat expectations
Subscribe for More Information
11:17 EDTAAPLOptions Update; August 22, 2014
Subscribe for More Information
09:36 EDTAAPLActive equity options trading on open
Subscribe for More Information
06:37 EDTBBYBest Buy weekly volatility elevated into Q2 and outlook
Subscribe for More Information
06:32 EDTAAPLApple suppliers scramble after iPhone 6 screen hurdle, Reuters says
Subscribe for More Information
06:14 EDTAAPLSamsung resumes supply of mobile RAM for next-generation iPhone, DigiTimes says
Subscribe for More Information
August 21, 2014
18:22 EDTMSFTSalesforce.com CEO: Microsoft the number one customer of ExactTarget
Says Europe performing beyond expectations. Marc Benioff is speaking on CNBC.
18:01 EDTMSFTSalesforce.com targets $1.1B in cash flow at end of FY15
Subscribe for More Information
13:23 EDTAAPL, WMTWal-Mart cut iPhone prices, Washington Post says
Wal-Mart (WMT) today began selling Apple's (AAPL) iPhone 5s for $79, and cut the price of the iPhone 5c to just 97c, according to The Washington Post. The devices previously cost $99 and $29 respectively at Wal-Mart, the newspaper stated. Reference Link
12:30 EDTMSFTMicrosoft plans to unveil Windows 9 on September 30, The Verge reports
Subscribe for More Information
11:44 EDTMSFT, AAPLHP hits 52-week high after solid revenue growth, positive analyst commentary
Subscribe for More Information
10:34 EDTAAPL, WMTOptions Update; August 21, 2014
Subscribe for More Information
10:03 EDTAAPLActive puts at CBOE
Subscribe for More Information
10:02 EDTAAPLActive calls at CBOE; AAPL C HPQ
Active calls at CBOE; AAPL 8/22/14 100 & 100, C Jan 55, HPQ 8/29/14 36
09:37 EDTAAPL, WMTActive equity options trading on open
Subscribe for More Information
09:04 EDTMSFTMicrosoft and TracFone announce collaboration
Subscribe for More Information
06:21 EDTGOOGGM product chief thinks Google might become 'threat,' Bloomberg says
Subscribe for More Information
06:05 EDTGOOGGoogle unit leads $100M infusion in Thumbtack, WSJ reports
Google's Google Capital unit is leading a $100M funding round in Thumbtack, a services marketplace, the Wall Street Journal reports. The investment, which also includes Tiger Global Management and Sequoia Capital, values Thumbtack at over $800M. Reference Link
August 20, 2014
16:01 EDTAAPLOptions Update; August 20, 2014
Subscribe for More Information
13:46 EDTAAPL, GOOGVerizon looking to build app store, The Information says
Verizon (VZ) is looking to partner with other companies to build an app store, according to The Information. Verizon's app store would compete with Google (GOOG) and Apple (AAPL), which already sell smartphone software, The Information noted. Reference Link
13:05 EDTINTCIntel and Unity collaborate to extend Android support across Intel-based devices
Subscribe for More Information
11:15 EDTAAPLGT Advanced retreats after analyst downgrades stock
Shares of sapphire maker GT Advanced (GTAT) are falling after research firm CLSA downgraded the stock in a note to investors today. The firm cited concerns about increased costs associated with the company's deal with Apple as the main reason for the downgrade. WHAT'S NEW: GT Advanced's costs associated with its deal to supply sapphire to Apple are being impacted by low yields, CLSA analyst Mark Heller wrote after speaking with strategic consulting firm Yole Développement. Lower yields will reduce the amount of sapphire that GT Advanced can produce for Apple, and will negatively affect GT’s profit margins, explained Heller. He believes that GT Advanced's risk/reward ratio is balanced at current levels, and downgraded his rating on the shares to Underperform from Outperform. However, he raised his price target on the shares to $19 from $18. PRICE ACTION: In late morning trading, GT Advanced fell 2% to $18.
09:38 EDTAAPL, AAPLGT Advanced downgraded to Underperform from Outperform at CLSA
Subscribe for More Information
09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FOLD TSLA TWTR WHX FB TM NFLX X EOG
09:24 EDTGOOGVringo intends to seek en banc review of decision in I/P Engine case
Vringo (VRNG) announced that its wholly-owned subsidiary I/P Engine, Inc. intends to file a petition with the United States Court of Appeals for the Federal Circuit seeking en banc review of the split appellate decision in its case against AOL (AOL), Google (GOOG) et al. that issued on August 15 and reversed the judgment of the United States District Court for the Eastern District of Virginia. Under the Federal Circuit's rules, I/P Engine's petition for en banc review is due on September 15. I/P Engine has filed an unopposed motion seeking a 30-day extension, which would make its petition due October 15. Upon receiving the requested extension, I/P Engine may file the petition on or anytime prior to October 15.
08:30 EDTWMTWal-Mart management to meet with MKM Partners
Subscribe for More Information
07:58 EDTMSFTBallmer stepping down a positive for Microsoft, says FBR Capital
Subscribe for More Information
07:01 EDTGOOGGarmin introduces first Android-based fleet navigators
Subscribe for More Information
06:36 EDTMSFT, GOOGIliad speaks to Google, Microsoft regarding T-Mobile offer, NY Post says
After Iliad's (ILIAF) surprise bid for T-Mobile (TMUS) was rejected, the firm is now in contact with , personnel at Google (GOOG) and Microsoft (MSFT) about working together to come up with a larger offer for the company, according to the New York Post, citing a "well-placed" source. Reference Link
06:28 EDTAAPLApple could delay iWatch until 2015, FT Alphaville reports
Subscribe for More Information
August 19, 2014
17:14 EDTAAPL, MSFTOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTAAPLOptions Update; August 19, 2014eBay
iPath S&P 500 VIX Short-Term Futures down 28c to 27.52. Option volume leaders: AAPL C HD PBR GILD AA NFLX TWTR TSLA EBAY according to Track Data.
14:19 EDTAAPLCarl Icahn says increased Apple position over past year
Carl Icahn tweeted in regards to Apple, "All my chips still on the table and in fact increased position over past year." Icahn added that anyone who invested in Apple last year when he recommended the stock would be up 53% including dividends.
14:12 EDTMSFTBallmer steps down from Microsoft board, sees holding shares
Subscribe for More Information
13:54 EDTAAPLCarney a contender to take over top communications job at Apple, Re/code says
Subscribe for More Information
12:40 EDTAAPLApple nears life high, levels to watch
Subscribe for More Information
12:27 EDTAAPLIcahn says 'very sizable' shareholder of Apple, has not sold share
Subscribe for More Information
11:57 EDTAAPLApple shares reach $100, up 84c or 1%
11:25 EDTMSFTHTC unveils the HTC One for Windows
Subscribe for More Information
09:38 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA CELG VLO VZ FB HD
06:50 EDTGOOGImages show impending Google music subscription service, Android Police says
Subscribe for More Information
06:32 EDTAAPLMorgan Stanley recommends adding to Apple positions
Subscribe for More Information
06:13 EDTGOOGContinental AG hires Google's Seval Oz to lead new division, WSJ reports
Subscribe for More Information
05:57 EDTGOOGGoogle to offer accounts to children under 13, WSJ reports
Subscribe for More Information
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use