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Stock Market & Financial Investment News

News Breaks
February 28, 2013
13:47 EDTMSFTMicrosoft likely to be fined by EU competition regulators, Reuters says
EU regulators plan to fine Microsoft (MSFT) before the end of March in relation to an antitrust case started over a decade ago, according to Reuters, citing people familiar with the matter. Reference Link
News For MSFT From The Last 14 Days
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June 10, 2013
12:45 EDTMSFTMicrosoft announces new Xbox 360 design, available starting today
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07:17 EDTMSFTStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
07:09 EDTMSFTE3 show not attracting video-game rising stars, WSJ reports
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06:08 EDTMSFTOn the Fly: Periodicals Wrap-Up
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June 9, 2013
15:57 EDTMSFTMicrosoft to reveal more details of the Xbox One, FT says
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June 7, 2013
16:36 EDTMSFTQuantum raises Q1 revenue view to $150M-$155M from $135M-$140M
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12:05 EDTMSFTGameStop to benefit from Microsoft used game rules, says Piper Jaffray
Piper believes that Microsoft's (MSFT) decision to allow only participating retailers to broker trade-ins of used games for the Xbox One is particularly positive for GameStop. The firm adds that Microsoft's decision to allow used games to be played on the new console without additional fees is also positive for GameStop. Piper keeps an Overweight rating on GameStop.
10:12 EDTMSFTCost for entry-level 7-inch tablets expected to drop, DigiTimes says
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09:27 EDTMSFTOn The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray.
07:35 EDTMSFTMicrosoft price target raised to $39 from $34 at Oppenheimer
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05:29 EDTMSFTMicrosoft: We're not part of government online monitoring, Reuters reports
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June 6, 2013
18:20 EDTMSFTMicrosoft says renting games not available at Xbox One launch
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10:48 EDTMSFTMicrosoft in talks with Sky to sell Xbox Ine as set-top box, MCV reports
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08:58 EDTMSFTIntel new tablet chip could cause cannibalization, says Sterne Agee
Sterne Agee believes that Intel's (INTC) new chip for tablets, Silvermont, could cause consumers to choose Microsoft (MSFT) tablets over Microsoft notebooks. The firm notes that Intel makes significantly more money from each Microsoft notebook than each Microsoft tablet. It keeps a $20 price target and Neutral rating on Intel.
07:49 EDTMSFTFBI, Microsoft take botnet criminal network offline, FT reports
A widespread criminal network of hijacked computers responsible for over $500M in bank fraud was taken offline by Microsoft, the FBI and financial service groups, reports the Financial Times. The FBI and Microsoft said they “disrupted” more than 1,000 botnets – each a group of thousands of infected Windows PCs – through “co-ordinated operations”. However, the mastermind behind the so-called “Citadel” network hasn't been identified and remains at large. Reference Link
05:42 EDTMSFTMicrosoft adds incentives to attract more users to Windows, WSJ reports
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June 5, 2013
10:07 EDTMSFTOn The Fly: Analyst Downgrade Summary
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09:22 EDTMSFTFollow-up: Microsoft downgraded to Hold from Buy at Deutsche Bank
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09:03 EDTMSFTMicrosoft downgraded to Hold from Buy at Deutsche Bank
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07:35 EDTMSFTMicrosoft adds features for smaller Windows tablets, AllThingsD says
Microsoft will be adding a version of its calendar app and Outlook email to Windows RT as well as cutting a deal with computer makers that want to group Windows 8 and Office Home and Student into a seven or eight-inch tablet, reported AllThingsD. The company plans to announce the new options during their Computex trade show speech in Taipei, the report noted. Reference Link
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