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Stock Market & Financial Investment News

News Breaks
November 13, 2012
10:20 EDTAAPL, GOOG, MSFTAnalyst sees potential benefits from Microsoft executive departure
Microsoft (MSFT) is sliding significantly after the company announced that the head of its Windows unit, Steven Sinofsky, had resigned. However, in a note to investors earlier today, Stifel Nicolaus analyst Brad Reback suggested that Sinofsky's resignation could help Microsoft over the long term. Reback wrote that he had heard that Sinofsky "had a very polarizing personality" and difficulty "effectively working across groups." As a result, Reback thinks that Sinofsky's departure could result in increased collaboration across groups at Microsoft, and make the company more competitive in its battles against Apple (AAPL) and Google (GOOG). On the other hand, Sinofsy's departure will hurt Microsoft in some ways, since he was able to launch software updates on time, and helped the company overcome the problems created by its Vista product, added Reback. The analyst maintained a $36 target and Buy rating on Microsoft shares. In mid-morning trading, Microsoft fell 92c, or 3.29%, to $27.07.
News For MSFT;GOOG;AAPL From The Last 14 Days
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June 18, 2015
10:20 EDTGOOGGoogle in talks for combined Dunnhumby bid, Sky News reports
Google (GOOG) is in talks with buyout firm Permira regarding a possible combined bid for Tesco (TSCDY) unit Dunnhumb, Mark Kleinman of Sky News reports. Reference Link
09:35 EDTAAPLActive equity options trading on open
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08:07 EDTAAPLAnalog Devices secured design win in next iPhone, says Citi
Citi analyst Christopher Danely says he believes Analog Devices (ADI) has secured a design win in the next generation Apple (AAPL) iPhone. The win could contribute $160M in revenue and 10c in earnings per share in 2016, Danely tells investors today in a research note. He upped his price target for Analog shares to $66 from $55 but keeps a Neutral rating on the name. The analyst believes the Apple design win is already priced in with shares trading at 22 times his 2016 earnings estimate. Danely cites valuation for his Neutral rating on the stock.
08:04 EDTGOOG, MSFTGoogle accelerating pace of cloud product innovation, says Baird
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07:09 EDTAAPLAlmost 20% of Apple Watch buyers have purchased spare band, Reuters says
Nearly 20% of Apple Watch buyers have also purchased a spare band for the watch, Reuters reports, citing data from Slice Intelligence. Slice estimates that Apple has sold 2.79M watches as of mid-June, the report says. The data shows that approximately 17% of Apple Watch shoppers have purchased more than one band, with the entry level sports brand as the highest seller at $49, Reuters says. Other popular bands are the quilted leather loop at $149 and the stainless steel link bracelet for $449. Reference Link
06:48 EDTMSFT, GOOGGoogle, Microsoft, Mozilla announce WebAssembly partnership, TechCrunch says
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06:41 EDTMSFTMicrosoft's Jo Harlow leaves company in realignment, The Verge reports
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06:19 EDTGOOGGoogle, Ingenico Group team up to facilitate cross-border e-commerce
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06:10 EDTMSFTMicrosoft writedown for Nokia now more likely, says Jefferies
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June 17, 2015
14:42 EDTAAPLOption volume leaders
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14:34 EDTGOOGGoogle's Nest announces redesigned, refreshed product line
Google's Nest Labs announced refreshes and redesigns across the companyís entire product portfolio, including the introduction of Nest Cam, the second generation Nest Protect, new features for the Nest Learning Thermostat, and a new app. Nest Cam is a 1080p camera featuring a stand as well as improved motion alerts and night vision, offering live video streaming to a phone or computer to keep an eye on the home while the Nest user is away. Cam users can also subscribe to Nest Aware with Video History for an additional monthly fee to gain access to video history, alert summaries, advanced motion sensing, and more. Also, Nest is piloting the ability for YouTube creators to stream directly to YouTube Live from Nest Cam. Nest Protect is the company's second generation smoke and carbon monoxide alarm, offering a custom, split-spectrum sensor that uses two wavelengths of light to look for different types of fires. Building on Nestís energy partner program, Nest is partnering with home insurance companies to help Nest Protect users save money on home insurance policies. Through Nest Safety Rewards, a participating Nest insurance partner may offer a discount on a Nest user's annual premiums. American Family and Liberty Mutual Insurance are the first insurance partners to provide offers as part of Nest Safety Rewards. Separately, the updated Nest Learning Thermostat has the capability to notify customers when temperatures drop to help avoid frozen pipes, and it also adds new integrations with other Nest products. Finally, the redesigned Nest app 5.0 brings together all three Nest products across multiple platforms. Nest Cam is available for immediate purchase with a suggested retail price of $199. It will begin shipping this month. The camera is set to launch next month in Belgium, France, Ireland, Netherlands, and the U.K. Nest Aware with Video History can be purchased as a 10-day or 30-day subscription for $10 or $30 per month, respectively. Nest Protect is available for immediate purchase for a suggested retail price of $99, and will begin shipping next month. Nest app 5.0 is available in the Google Play Store and iOS App Store. Nest Learning Thermostat software 4.5 will begin rolling out immediately and will take up to two weeks to reach all Nest customers.
10:58 EDTGOOGGoogle announces cross-device measurement for all DoubleClick products
Google announced that cross-device measurement is coming to all of its DoubleClick advertiser products, so marketers can measure conversions that start as a click on one device and end with a conversion on another for all their campaigns across the web, not just with the ads they buy from Google. Reference Link
10:25 EDTAAPLApple iPhone estimates raised at BofA/Merrill
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10:11 EDTMSFTMicrosoft aligns engineering team, Chief Insights Officer to leave
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09:46 EDTMSFTJefferies to hold company meetings at E3 Expo
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09:40 EDTAAPLActive equity options trading on open
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09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL FB AMD ADBE TWTR BABA QIHU NFLX BAC
07:29 EDTAAPLApple Music offering high revenue rate to attract indie labels, Billboard says
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07:10 EDTAAPLSoftbank, Foxconn form JV to make robots, Nikkei reports
Softbank (SFTBF) and Apple (AAPL) supplier Foxconn will set up a joint venture to make robots, The Nikkei reports, citing sources. According to the sources, the JV may first focus on mass production of Pepper, a home robot that can respond to human emotions and requests, and plan to initially make around 10,000 units annually. The JV may also market the robot and potentially other models globally. Reference Link
06:34 EDTGOOGGoogle's former head of Maps to join Uber, Re/code reports
Brian McClendon, the former head of Google Maps and a 10-year company veteran, will join Uber to oversee the company's new Advanced Technologies Center out of Pittsburgh, Re/code reports. McClendon will help guide Uberís mapping, self-driving car and vehicle safety initiatives, the report says. Reference Link
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