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Stock Market & Financial Investment News

News Breaks
January 24, 2014
16:47 EDTMSFT, JNPR, AAPL, HLF, IBM, NFLXMarkets 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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January 13, 2015
06:20 EDTAAPLApple supplier shows 'unbreakable' smartphone with sapphire display, WSJ says
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06:18 EDTAAPLSilicon Valley shuttle drivers looking to unionize, USA Today reports
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06:09 EDTAAPLApple implied volatility of 38 at upper end of index mean range
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06:06 EDTAAPLApple upgraded to Outperform from Neutral at Credit Suisse
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06:01 EDTHLFStocks with implied volatility above IV index mean; HLF YHOO
Stocks with implied volatility above IV index mean; Herbalife (HLF) 115, Yahoo (YHOO) 52 according to iVolatility.
January 12, 2015
16:50 EDTAAPLGartner says worldwide PC shipments in Q4 grew 1%
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16:00 EDTAAPLOptions Update; January 12, 2015
iPath S&P 500 VIX Short-Term Futures up 1.57 to 33.54. Option volume leaders: AAPL TSLA TWTR AMZN AA SIRI RIG FRO C according to Track Data.
12:53 EDTAAPLApple falls, levels to watch
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11:51 EDTIBMIBM results seen being hurt by continued dollar strength
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10:00 EDTJNPROn The Fly: Analyst Downgrade Summary
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09:34 EDTAAPLActive equity options trading
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09:04 EDTNFLXAmazon wins first Golden Globe for 'Transparent,' Business Insider reports
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08:21 EDTJNPRJuniper downgraded to Neutral from Buy at Buckingham
Buckingham downgraded Juniper to Neutral based on valuation and low visibility for service provider spending. Price target remains $23.
08:21 EDTAAPLApple poised to gain market share, says JMP Securities
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08:18 EDTNFLXNetflix January weekly volatility elevated into Q4 and outlook
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08:05 EDTMSFTGameStop to use Microsoft Azure to stream game content, promotional materials
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07:52 EDTIBMIBM to undertake biggest re-organization in company history, Register says
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07:52 EDTIBMIBM price target lowered to $130 from $144 at Jefferies
Jefferies lowered its price target for IBM shares to $130 after cutting its estimates to reflect the strengthening of the dollar against almost every other major currency worldwide since the tech giant reported Q3 results. Jefferies believes consensus estimates for IBM need to come down as the company deals with enterprises increasingly allocating investments away from traditional Software and IT Outsourcing toward investments in Cloud, Mobile and and Social initiatives. The firm reiterates an Underperform rating on IBM.
07:35 EDTIBMNational Retail Federation to hold a trade show
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06:12 EDTHLFStocks with implied volatility above IV index mean; HLF YHOO
Stocks with implied volatility above IV index mean; Herbalife (HLF) 114, Yahoo (YHOO) 50 according to iVolatility.
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