New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For MSFT;GOOG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
January 29, 2015
06:20 EDTGOOG, MSFTMicrosoft to release Outlook on iOS, Outlook and Office on Android, Re/code says
Microsoft (MSFT) is releasing on Thursday an Apple iOS (AAPL) version of its Outlook email software as well as a preview of an Android version, reports Re/code. The apps will support Microsoft's own email service as well as Google Gmail (GOOG), iCloud, and Yahoo (YHOO) email accounts. The company is also launching full versions of its Word, Excel, and PowerPoint apps for Android. Reference Link
January 28, 2015
13:51 EDTGOOG, MSFTAmazon.com will launch WorkMail, an email and calendar service, WSJ reports
Amazon (AMZN) plans to launch WorkMail, an email and electronic calendar service, hoping to compete against Microsoft (MSFT) and Google (GOOG) in the corporate-email marketplace, Wall Street Journal reports. The company hopes that its sales pitch of "simplicity and security" will pull customers in. Reference Link
13:17 EDTGOOGAOL sinks after downgrade, report of no Yahoo interest
Shares of AOL (AOL) are falling after Wells Fargo downgraded the stock to Market Perform from Outperform and CNBC’s David Faber reported that Yahoo has ruled out a potential acquisition of the company. WHAT'S NEW: AOL is likely to encounter increased competition in Internet video advertising, in the wake of acquisitions by Facebook (FB) and Yahoo (YHOO), Wells contended in a note to investors earlier today. Specifically, Facebook's acquisition of Liverail will enable the social network to improve the targeting of its video ads, while Yahoo is using its sales force to find buyers for the video assets of Brightroll, which Yahoo acquired. AOL is also encountering increased competition for internet video ad spending from Google's YouTube, Wells believes. Meanwhile, AOL, along with other Google search partners, may find it more difficult to maintain its current share of queries as more searches are conducted on mobile device, the firm stated. The superior functionality of Google's mobile web and app base search, along with the default search position that Google enjoys on Android devices, create headwinds for AOL and its peers, the firm stated. Wells cut its valuation range on AOL to $49-$51 from $55-$$57. WHAT'S NOTABLE: Activist investor Starboard Value has called on Yahoo to explore the possibility of combining with AOL. CNBC's David Faber, however, after speaking last night with Yahoo CEO Marissa Mayer, reported that the search giant has ruled out a potential acquisition of AOL. The interview followed Yahoo’s fourth quarter results and announcement that it would carry out a tax free spin-off of its remaining stake in Chinese e-commerce giant Alibaba (BABA). PRICE ACTION: In mid-afternoon trading, AOL fell 8% to $44, while yahoo rose 2% to $49.
12:14 EDTGOOGGoogle January weekly volatility elevated into Q4 and outlook
Google January weekly call option implied volatility is at 79, February is at 29, March is at 25; compared to its 26-week average of 23 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on January 29.
08:06 EDTMSFTMicrosoft stops production of Surface 2 tablet in favor of Surface 3, Verge says
Microsoft announced it is no longer manufacturing its Surface 2 tablet in favor of focusing on the more popular Surface 3, reports The Verge. The Surface 2 is Microsoft's last remaining device to run on its mobile operating system Windows RT, indicating a shift towards traditional editions of Windows. Reference Link
07:59 EDTMSFTSenate Homeland Security & Government Affairs Committee to hold a hearing
The Committee holds a hearing entitled, "Protecting America from Cyber Attacks: The Importance of Information Sharing" with EVP of American Express, Marc Gordon, VP of Microsoft, Scott Charney, EVP of Marsh & McLennan, Peter Beshar and Chief Security Strategist of FireEye, Richard Bejtlich, on January 28 at 2:30 pm. Webcast Link
07:23 EDTMSFTIntel pullback yesterday a buying opportunity, says Jefferies
Subscribe for More Information
January 27, 2015
19:26 EDTGOOGApple Pay service gaining in market share, Bloomberg reports
Subscribe for More Information
16:31 EDTMSFTOn The Fly: Closing Wrap
Subscribe for More Information
13:16 EDTGOOGGoogle confirms Google Fiber coming to Atlanta, Charlotte, two other cities
Google said in a blog post, "It’s been nearly five years since we offered to build a fiber-optic network in one U.S. city as an experiment — and were met with overwhelming enthusiasm. Now, Google Fiber is live in Kansas City, Provo and Austin, and we've started to see how gigabit Internet, with speeds up to 100 times faster than today’s basic broadband, can transform cities. It can give them new platforms for economic development and new ways of using technology to improve life for their citizens. And, around the country, it seems to be catching on... Today, we’re happy to announce that Google Fiber is coming to 18 cities across four new metro areas: Atlanta, Charlotte, Nashville, and Raleigh-Durham. We can’t wait to see what people and businesses across the Southeast U.S. do with gigabit speeds." Google adds, "We’re also continuing to explore bringing fiber to five additional metro areas—Phoenix, Portland, Salt Lake City, San Antonio and San Jose, and will have updates on these potential Fiber cities later this year." Reference Link
12:28 EDTMSFTOn The Fly: Midday Wrap
Subscribe for More Information
11:14 EDTMSFTMicrosoft sinks after outlook brings multiple downgrades
Shares of Microsoft (MSFT) are falling after the company last night issued guidance for its quarter ending in March that came in significantly below analysts' expectations. JPMorgan, Citigroup, MKM Partners and Nomura responded to the company's results by downgrading the stock. BACKGROUND: Microsoft's revenue guidance for its March quarter missed expectations, driven by U.S. dollar strength, and continued weakness in China, Russia and Japan, according to JPMorgan analyst Mark Murphy. The company's second quarter results were roughly in-line with expectations, but its software sales came in below the consensus outlook, as customers shifted to cheaper Web-based products. ANALYST REACTION: In a note to investors, JPMorgan's Murphy downgraded the stock to Neutral for Overweight. Microsoft plans to spend more money than anticipated going forward, according to the analyst, who consequently cut his fiscal 2015 earnings per share forecast for the company by 8%. The reduced profit outlook could delay the stock's move above $50, warned Murphy, who reduced his price target on the name to $47 from $53. But the analyst did note that the tech giant’s commercial cloud revenue growth jumped 114% year-over-year last quarter, a higher growth rate than during the same period a year earlier. Citigroup cut its rating on Microsoft to Sell from Neutral, saying that the company's earnings headwinds are becoming clearer. The firm set a $38 price target on the stock. Both Nomura and MKM Partners cut its ratings on the name to Neutral from Buy. PRICE ACTION: In late morning trading, Microsoft fell 9.55 to $42.50. Other companies
10:00 EDTMSFTOn the Fly: Analyst Downgrade Summary
Subscribe for More Information
09:36 EDTMSFTActive equity options trading
Active equity options trading according to Track Data: AAPL MSFT TWTR TSLA GILD NFLX C AA HPQ X
09:17 EDTMSFTOn The Fly: Pre-market Movers
HIGHER: Silicon Image (SIMG), up 23% after signing agreement to be acquired by Lattice Semiconductor (LSCC)... USA Technologies (USAT), up 5% following nationwide roll-out of new Apple Pay points... TE Connectivity (TEL), up 3.9% following a Wall Street Journal report that the company is close to a deal with Commscope (COMM)... Select Comfort (SCSS), up 1% after being upgraded to Buy from Hold at Stifel. DOWN AFTER EARNINGS: Microsoft (MSFT), down 8.2%... Caterpillar (CAT), down 7.8%... Packaging Corp (PKG), down 8.3%... Peabody Energy (BTU), down 5.3%... Freeport-McMoRan (FCX), down 5.7%... Polaris Industries (PII), down 2.1%... United Technologies (UTX), down 2.3%... Procter & Gamble (PG), down 2.6%.
08:44 EDTGOOGGoogle January weekly volatility elevated into Q4 and outlook
Subscribe for More Information
08:20 EDTMSFTFCC to hold a conference
Small Business and Emerging Technologies Conference is being held at FCC Washington, D.C. with webcasted presentations to begin at 9 am. Webcast Link
07:13 EDTMSFTMicrosoft downgraded to Hold from Buy at MKM Partners
Subscribe for More Information
07:03 EDTMSFTMicrosoft shares extend losses as downgrades pile up
Subscribe for More Information
06:53 EDTMSFTMicrosoft downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Microsoft to Sell with a $38 price target after the company's March outlook came in well below expectations. Citi says Microsoft's earnings headwinds are becoming more clear. The stock was also downgraded this morning at JPMorgan and Nomura.
<< 1 | 2 | 3 | 4 | 5 | 6 | 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