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Stock Market & Financial Investment News

News Breaks
February 24, 2013
20:25 EDTMSFT, AAPL, FBMicrosoft reports security intrusion
In a blog posted on its website from Friday afternoon, Microsoft's (MSFT) Matt Thomlinson reported a security intrusion: "As reported by Facebook (FB) and Apple (AAPL), Microsoft can confirm that we also recently experienced a similar security intrusion. Consistent with our security response practices, we chose not to make a statement during the initial information gathering process. During our investigation, we found a small number of computers, including some in our Mac business unit, that were infected by malicious software using techniques similar to those documented by other organizations. We have no evidence of customer data being affected and our investigation is ongoing. This type of cyberattack is no surprise to Microsoft and other companies that must grapple with determined and persistent adversaries (see our prior analysis of emerging threat trends). We continually re-evaluate our security posture and deploy additional people, processes, and technologies as necessary to help prevent future unauthorized access to our networks."
News For MSFT;FB;AAPL From The Last 14 Days
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May 22, 2013
06:02 EDTAAPLOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
16:04 EDTAAPLOptions Update; May 21, 2013
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15:40 EDTMSFTGameStop off lows after Microsoft says Xbox One will allow resale of games
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15:39 EDTMSFTMicrosoft says Xbox One will allow resale, trade-in of games, Bloomberg says
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15:24 EDTMSFTMicrosoft Xbox One seems to restrict used games, Kotaku says
Microsoft's (MSFT) Xbox One won't require an "always-on" Internet connection, but could very well block used games, Kotaku said, based on a company response given to a question posed by Wired. The Fly notes that GameStop (GME) shares are down 4.75% to $36.92 in late day trade following Microsoft's Xbox One event. Reference Link
14:18 EDTMSFTElectronic Arts announced EA Sports Ignite for Xbox One
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14:16 EDTMSFTMicrosoft announces Xbox One
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14:12 EDTMSFTNVIDIA announces PhysX support for Microsoft Xbox One
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14:05 EDTMSFTMicrosoft, NFL in multiyear agreement
Microsoft and the National Football League announced a multiyear partnership that will deliver a unique, interactive NFL television experience for the next-generation Xbox One and leverage Microsoft devices and services to evolve the in-game, sideline experience for coaches, players and other personnel. The agreement provides Microsoft with the rights to create exclusive interactive experiences through products such as Xbox One and Surface. As part of the partnership, Surface by Microsoft branding will appear on NFL sidelines, including on the hoods of the official on-field NFL instant replay stations. As part of the relationship, Microsoft will be granted the following designations: Xbox remains "The Official Game Console of the NFL" and will also become "The Official Interactive Video Entertainment Console"; Microsoft is "The Official Sideline Technology Sponsor of the NFL"; Surface by Microsoft and Windows are "The Official Tablet and PC Operating System of the NFL."
13:54 EDTMSFTActivision's Call of Duty downloadable content will come first to Xbox One
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13:50 EDTMSFTMicrosoft announces partnership with National Football League
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13:48 EDTMSFTMicrosoft announces live action Halo television series
Steven Spielberg to be involved with Halo series.
13:30 EDTMSFTElectronic Arts says starting new strategic partnership with Microsoft
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13:24 EDTMSFTMicrosoft unveils 'Xbox One' featuring voice, gesture control
Microsoft says next-generation video game system, to be called "Xbox One," will be an all-in-one system for entertainment. Says newly redesigned Kinect will allow for voice and gesture control of device. Information from live blog of Xbox event.
10:59 EDTMSFTMicrosoft to hold a company event
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09:48 EDTMSFTMicrosoft breakout continues, levels to watch
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09:42 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
09:34 EDTAAPLApple trades lower, levels to watch
The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46.
08:12 EDTAAPLSenate Homeland Security and Governmental Affairs Committee to hold a hearing
The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link
07:50 EDTAAPLIreland rejects allegations that it's a tax haven, FT reports
Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link
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