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Stock Market & Financial Investment News

News For MSFT;HPQ;INTC;ACAD;FTNT;YUM;RAD;AMRS;BYD;ZUMZ;PIR From The Last 14 Days
Check below for free stories on MSFT;HPQ;INTC;ACAD;FTNT;YUM;RAD;AMRS;BYD;ZUMZ;PIR the last two weeks.
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July 28, 2014
06:05 EDTMSFTJD.com launches Xbox One sales in China
JD.com (JD) began taking China pre-orders for Microsoft's (MSFT) Xbox One gaming console. As part of an agreement between the companies, JD.com will have the exclusive right to accept pre-orders for Xbox One in China from July 28-30 through JD.com's Mobile QQ and Weixin entry points. Vice president of JD.com in charge of the IT and Digital Business unit Shuang Du said, "Through our partnership with Tencent (TCEHY), Chinese consumers are increasingly able to enjoy the JD.com shopping experience directly on China's most popular mobile communications platforms. We will continue to focus on providing the most convenient channels for Chinese consumers to purchase authentic products through their mobile devices." On July 31, the JD.com website and JD.com's exhibition booth at the ChinaJoy Expo in Shanghai will also begin taking pre-orders. Reference Link
July 27, 2014
18:57 EDTMSFTAmazon's cloud computing unit AWS faces more rivals, WSJ says
Amazon.com's (AMZN) cloud computing unit AWS has been competing with Google (GOOG) and Microsoft (MSFT) but more company's have launched offerings in the space including Verizon (VZ), Cisco Systems (CSCO), International Business Machines (IBM) and VMware (VMW), which may threaten the profitability plans that Amazon has for AWS, says the Wall Street Journal. Reference Link
July 25, 2014
16:49 EDTYUMS&P ends week little changed amid earnings deluge
The S&P 500 finished little changed this week as mixed U.S. economic data and continued geopolitical uncertainty offset strong earnings from a number of major companies and upbeat overseas economic data. MACRO NEWS: U.S. economic data was mixed, as fewer than expected jobless claims were reported and durable goods orders for June were slightly higher than expected, but new home sales for June and a preliminary purchasing managers' index for July came in below expectations... Investors received some positive economic news from overseas, as HSBC's preliminary China purchasing managers' index for July reached an 18-month high. Meanwhile, a preliminary PMI for the euro zone for July came in at 54, versus 52.8 in June... Ongoing conflicts between Israel and Hamas and Russia and Ukraine kept investors on edge, with Friday reports indicating that no truce accord had been reached in Israel and that Russia was building up its troop presence along the Ukrainian border. COMPANY NEWS: Among the notable companies whose stocks rose after they reported quarterly results were Facebook (FB), Apple (AAPL), Allergan (AGN) and Chipotle Mexican Grill (CMG). Notable companies whose stocks sold off following their results included Netflix (NFLX), Harley-Davidson (HOG), General Motors (GM), Boeing (BA), McDonald's (MCD) and Pandora (P)... McDonald's was also hit this week by revelations that its restaurants in China had sold expired meat that was allegedly intentionally supplied by a China-based company. Yum! Brands (YUM) and a provider of products to Starbucks (SBUX) are also believed to have bought and sold expired meat from the supplier... In M&A news, Bloomberg reported that real estate website operator Zillow (Z) held talks about buying its rival, Trulia (TRLA). Both stocks surged. Shares of SodaStream (SODA) also rallied after Bloomberg reported that the company is in talks about selling itself to an investment firm that would take the beverage system maker private... On Monday, hedge fund manager Bill Ackman promised on CNBC that his presentation about Herbalife (HLF) would show why the company "is going to collapse." But the shares actually surged higher during and immediately after Ackman's presentation. Ackman has a large short position in the stock and notably alleged it is a pyramid scheme... BlackBerry's (BBRY) CEO told the Financial Times that his company was in early talks about partnering with companies to target the enterprise markets, in order to counter a recently announced partnership between Apple and IBM (IBM). INDEXES: For the week, the Dow fell 0.83% to 16,960.57, the Nasdaq rose 0.4% to 4,449.56, and the S&P was flat at 1,978.34.
13:13 EDTRADEinhorn bought Lam Research shares, sold Rite Aid last quarter
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09:32 EDTBYDNevada reports June statewide gaming win up 14.4% to $906.9M
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08:47 EDTINTCMellanox points to bigger than expected Grantley ramp, says Janney Capital
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06:20 EDTMSFTChina Telecom to start selling Microsoft's Xbox One in September, WSJ reports
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06:17 EDTINTCIntel to launch Core M for use in notebook/tablet models in Q4, DigiTimes says
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05:59 EDTINTCStocks with implied volatility below IV index mean; INTC WMB
Stocks with implied volatility below IV index mean; Intel (INTC) 17, Williams (WMB) 22 according to iVolatility.
05:56 EDTMSFTYammer's David Sacks leaving Microsoft
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July 24, 2014
16:09 EDTRADRite Aid names Darren Karst as executive VP, CFO
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16:05 EDTRADRoundy's CFO Karst leaves for Rite-Aid, names Michael Turzenski as CFO
Roundy’s (RNDY) announced that Darren Karst, Roundy’s executive VP and CFO will be leaving the company to join Rite Aid (RAD) as its executive VP and CFO. Karst will remain with Roundy’s through August 9. Michael Turzenski, currently Roundy’s group VP and Chief Accounting Officer, has been appointed group VP, CFO by Roundy’s board. Turzenski has served as group VP, Chief Accounting Officer since February 2012. Turzenski joined Roundy’s in 2007 as VP, controller.
12:36 EDTFTNTAnalyst says Barracuda weakness may be based on misunderstanding
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10:56 EDTFTNTBarracuda Networks pullback may be due to misinterpretation, says JPMorgan
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10:19 EDTFTNTHigh option volume stocks
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09:17 EDTFTNTFortinet best small cap idea for 2014, says RW Baird
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09:16 EDTFTNTOn The Fly: Pre-market Movers
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09:09 EDTBYDBoyd Gaming announces senior executive appointments
Boyd Gaming announced several senior executive appointments. Chris Gibase has been appointed to the newly created position of CMO. Gibase previously served as Senior VP, Operations, for 10 years. Boyd Gaming also has named two executives – Steve Schutte and Vince Schwartz – to the position of Senior VP, Operations. Additionally, Boyd Gaming has expanded the responsibilities of Ted Bogich, Senior VP, Operations of Midwest properties. In his new role, Bogich will be responsible for Blue Chip, Par-A-Dice, Kansas Star, Delta Downs and Evangeline Downs. Gibase, Bogich, Schwartz and Schutte will report directly to Paul Chakmak, Executive VP and COO.
07:50 EDTHPQHP, Hortonworks extend strategic partnership
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07:43 EDTFTNTFortinet price target raised to $30 from $26 at JMP Securities
JMP Securities increased its price target on Fortinet after the company reported stronger than expected Q2 results. The firm thinks the company is well-positioned to continue gaining market share and reiterates an Outperform rating.
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