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News Breaks | | | | January 3, 2013 | | 06:02 EDT |  | MSFT, GOOG | Microsoft: Still seeking resolution to search competition issues
In a blog post, Dave Heiner, Microsoft's (MSFT) deputy general counsel, says "The European Commission has stated publicly that Google (GOOG) must address four areas of concern regarding its business practices, or else it will face enforcement action. We understand that the European Commission and Google are working toward a binding, enforceable legal order that would address these competition law concerns. Separately, news reports suggest that Google will finally agree to live up to its promises to make its standard essential patents available to all on reasonable terms. Unfortunately, this agreement appears to be less demanding than the pledge the U.S. Department of Justice received from Apple (AAPL) and Microsoft nearly a year ago...We continue to be dogged by an issue we had hoped would be resolved by now: Google continues to prevent Microsoft from offering consumers a fully featured YouTube app for the Windows Phone...Hopefully, Google will wake up to a New Year with a resolution to change its ways and start to conform with the antitrust laws. If not, then 2013 hopefully will be the year when antitrust enforcers display the resolve that Google continues to lack." Reference Link | |
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News For MSFT;GOOG From The Last 14 Days Check below for free stories on MSFT;GOOG the last two weeks. |
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| May 9, 2013 | | 16:47 EDT |  | MSFT | On The Fly: Closing Wrap
Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67. | | | 15:04 EDT | | GOOG | Google's YouTube announces subscription content
On the official YouTube blog, Google unit YouTube announced it is launching a pilot program for some partners that will offer paid channels on YouTube with subscription fees starting at 99c per month. Reference Link | | | 14:30 EDT |  | GOOG | Options Update; May 9, 2013
 Subscribe for More Information | | | 12:35 EDT | | MSFT | On The Fly: Midday Wrap
Subscribe for More Information | | | 09:38 EDT | | GOOG | Active equity option families trading
Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD. | | | 09:19 EDT | | MSFT | On The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference. | | | 07:44 EDT |  | MSFT | Microsoft new CFO positive, says Oppenheimer
Subscribe for More Information | | | 07:37 EDT | | MSFT | Barnes & Noble volatility flat into Microsoft may acquire Nook Media assets
Subscribe for More Information | | | 06:40 EDT |  | MSFT | Microsoft may acquire Nook Media assets for $1B, TechCrunch reports
Microsoft (MSFT) is considering to acquire the digital assets of Nook Media for $1B, reports TechCrunch. Microsoft would redeem preferred units of Nook Media, a joint venture with Barnes & Noble (BKS) and other investors. Nook Media may also plan to discontinue its Android-based tablet business by end of FY14. Reference Link | | | May 8, 2013 | | 16:07 EDT | | MSFT | Microsoft names Amy Hood new CFO
Subscribe for More Information | | | | 14:48 EDT | | GOOG | Druckenmiller says Google his largest holding in U.S.
Subscribe for More Information | | | 09:37 EDT | | GOOG | Active equity option families trading on open
Subscribe for More Information | | | 08:54 EDT | | GOOG | Google Maps alleged redesign leaked, electronista reports
Subscribe for More Information | | | 08:23 EDT | | GOOG | France, Germany want Google pressed on taxes, Reuters reports
German and French politicians will press for Google to be questioned on corporate income tax after a Reuters report highlighted how the company employs sales staff in the U.K. while telling the tax authorities that sales are made from Ireland, reports Reuters. British lawmakers plan to call Google to testify again to a parliamentary committee to clarify what work it does there. Reference Link | | | 07:18 EDT |  | MSFT | Lockheed Martin to host a conference
13th Annual Information Technology Day is being held in Kennewick, Washington on May 8. | | | 06:15 EDT | | GOOG | Apple wants Google documents in Samsung suit, Bloomberg reports
Subscribe for More Information | | | May 7, 2013 | | 19:17 EDT | | MSFT | Yahoo! wants out of search deal with Microsoft, WSJ reports
Subscribe for More Information | | | 14:06 EDT | | MSFT | Yahoo U.S. search revenue guarantee extended by Microsoft
Subscribe for More Information | | | 12:54 EDT | | MSFT, GOOG | Google rumored to be planning stores to sell Google Glass, Business Insider says
Google (GOOG) is rumored to be planning retail stores specifically to sell Google Glass, Business Insider reports, citing a source. Previous reports suggested Google was developing retail stores, like Apple (AAPL) and Microsoft (MSFT), to sell a variety of products. Reference Link | | | 10:54 EDT | | GOOG | Media buyers upping budgets for FBX, site, search retargeting, eMarketer says
More media buyers are planning to increase their investments in site, search and Facebook Exchange re-targeting, according to eMarketer, citing a survey by media-buying platform Chango. Reference Link | | |
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