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Stock Market & Financial Investment News

News Breaks
January 24, 2014
16:47 EDTHLF, IBM, NFLX, MSFT, JNPR, AAPLMarkets fall sharply on emerging market concerns
Stocks on Wall Street were lower, as the U.S. indexes had their worst week since 2012 as tepid economic data out of China and sharp declines in some emerging market currencies rattled investors. MACRO NEWS: In the U.S., reports on initial jobless claims, existing home sales and the leading economic indicators all came in roughly in-line with expectations. Markit's "flash" Purchasing Managers' Index dropped to 53.7 in the preliminary January reading. In China, the preliminary HSBC manufacturing PMI slipped below 50, indicating contraction in the sector, for the first time in six months. In Europe, a composite Eurozone PMI jumped more than a point from the prior month's reading, with both the underlying services PMI and manufacturing PMI beating forecasts. Several emerging market currencies hit multi-year lows, including the Argentinian peso, the Turkish lira, the South African rand and the Russian ruble. COMPANY NEWS: Technology stalwart's Microsoft (MSFT) and IBM (IBM) both reported quarterly earnings this week, with their reports sending shares in different directions. On Tuesday after the market close, IBM reported bottom-line earnings that beat expectations but revenues that fell short of estimates for the fourth straight quarter. During Wednesday's trading session, IBM fell 3.28% and closed the week down more than 5%. In contrast, Microsoft reported earnings last night that beat on the top and bottom lines, and reported strong sales of both its Surface tablet and Xbox gaming consoles, sending shares higher by a bit more than 2%... A number of Carl Icahn-related stocks were in the news this week, including Netflix (NFLX), one of Icahn's most profitable positions, which reported earnings that beat expectations, sending shares of the internet streaming video provider sharply higher to close the week up about 17%. In an interview with CNBC on Wednesday, Icahn was again critical of Apple's (AAPL) use of cash, and on Thursday Icahn disclosed on his Twitter account that he purchased additional shares of the iPhone maker, bringing his stake to $3.6B. Icahn also sent an open letter to Apple shareholders, calling for the company to repurchase $50B worth of stock in its fiscal 2014. Herbalife (HLF) shares fell more than 16% this week after Massachusetts Senator Ed Markey asked the SEC and FTC to investigate the multi-level marketer as a possible pyramid scheme. Icahn is long shares of Herbalife against Bill Ackman's public short of the company... Juniper Networks (JNPR) last night reported earnings and revenue that beat expectations and said it will announce a new operational plan shortly, an announcement that follows a presentation from activist investor Elliott Management earlier this month that urged the company to return capital to shareholders. Noted investor JANA Partners also backed Elliott's plan for efforts to unlock shareholder value at Juniper, and shares of Juniper finished the week up more than 6%. INDEXES: The Dow lost about 3.5% to close at 15,879.11; the S&P 500 lost 2.6% to close at 1,790.29; the Nasdaq lost 1.6% to close at 4,128.17.
News For MSFT;IBM;AAPL;NFLX;HLF;JNPR From The Last 14 Days
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November 13, 2014
11:13 EDTAAPLApple hits 52-week high after Bernstein says margins could climb
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09:40 EDTAAPLActive equity options trading
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08:01 EDTAAPLApple price target raised to $120 from $110 at Bernstein
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08:01 EDTAAPLCalpian says deploys Apple Pay for merchants
Calpian, Inc. (CLPI) has successfully enabled Apple Pay (AAPL) for its merchant customers as they respond to growing consumer interest in the new mobile payment service.
07:29 EDTMSFTMicrosoft to buy Aorato for about $200M, sources say, WSJ reports
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06:45 EDTMSFTMicrosoft Xbox sales tripled since price cut, CNet reports
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06:39 EDTAAPLApple's rumored iPad Pro delayed to 2Q15, AppleInsider reports
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06:23 EDTAAPLChipmakers in Apple Watch supply chain to start production, DigiTimes reports
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06:20 EDTMSFTAmazon's Web-services chief not threatened by cash threat from rivals, WSJ says
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06:07 EDTAAPLApple paying little in iTunes taxes outside North America, AFR reports
According to a report from The Australian Financial Review, which cites an investigation led by the International Consortium of Investigative Journalists, more than two-thirds of the money Apple’s iTunes makes outside North America goes through the group’s Luxembourg holding company where it is not taxable. Apple has been widely criticized for its tax practices in Europe. Reference Link
November 12, 2014
17:22 EDTMSFTMicrosoft says will have sold 10M Xbox One consoles 'shortly'
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16:00 EDTAAPLOptions Update; November 12, 2014
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11:32 EDTJNPREZchip believes growth from ZTE will resume in the coming quarters
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09:37 EDTAAPL, NFLXActive equity options trading
Active equity options trading according to Track Data: AAPL CLSN TWTR BABA NFLX TSLA AMZN CSIQ C
08:18 EDTNFLXNetflix CFO expects to expand as much or 'bit more' next year, Bloomberg says
Netflix CFO David Wells said the company plans a “sizable expansion” into new markets next year, projecting expansion on the order of this year or "even potentially a little bit more,” reported Bloomberg, citing Wells' comments at an RBC Capital Markets conference. Reference Link
07:58 EDTMSFTMicrosoft to hold a conference
Developer Conference is being held in New York on November 12-13 with webcasted discussions will begin on November 12 at 10 am. Reference Link
07:48 EDTIBM, MSFTWells Fargo to hold a conference
5th Annual Technology, Media & Telecom Conference is being held in New York on November 12-13.
07:13 EDTIBMIBM data solutions selected by Kenya Power
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06:36 EDTAAPLOrder visibility highest for Apple, Lenovo shipments in 2015, DigiTimes says
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06:03 EDTIBMAcacia Research enters into settlement and patent license agreement with IBM
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