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Stock Market & Financial Investment News

News Breaks
January 15, 2014
09:59 EDTNFLX, GOOGAnalyst says Netflix would be hurt if court ruling stands
After a federal appeals court yesterday struck down the Federal Communications Commissionís rules on the delivery of Internet content, research firm Wedbush believes that the ruling will hurt Netflix (NFLX). WHAT'S NEW: Yesterday a federal appeals court struck down the FCC's Open Internet Order which had prevented Internet Service Providers from charging Internet content providers fees. ANALYST REACTION: In a note to investors earlier today, Wedbush analyst Michael Pachter wrote that, if the ruling stands, Internet Service Providers will force Netflix to pay for unrestricted delivery of its content. As a result, Netflix's costs will likely rise, with the company seeing little or no benefits from its higher expenditures, predicted the analyst. However, Pachter did note that he expects the FCC to appeal the ruling to the Supreme Court. He kept a $160 price target and Underperform rating on the stock. WHAT'S NOTABLE: The ruling has mixed implications for Google (GOOG), wrote Wedbush analyst Shyam Patil. Although Google's YouTube will have to pay for network bandwidth that had been free, YouTube might be able to use its funds to create faster, more reliable offerings than those of its competitors, wrote the analyst. Patil has a $980 price target and Neutral rating on Google. PRICE ACTION: In early trading, Netflix fell 1% to $335 while Google was flat at $1,150.
News For NFLX;GOOG From The Last 14 Days
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July 10, 2014
19:38 EDTGOOGYelp says Google results favoring Google+ local listings, WSJ reports
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16:00 EDTNFLXOptions Update; July 10, 2014
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10:46 EDTGOOGYelp retreats after analyst says review growth slowed
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09:35 EDTGOOGRed Hat, Google collaborate on open standard for Docker containers at scale
Red Hat (RHT) and Google (GOOG) are collaborating to drive a new open standard around orchestrating Docker containers, a standard for application packaging in containerized environments, at scale for the management of cloud application deployments, Red Hat announced in a post to its corporate website. Reference Link
06:26 EDTGOOGTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:13 EDTGOOGGoogle Ventures invests in Europe
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05:49 EDTGOOGYelp review growth outpacing Google Plus, says Piper Jaffray
Piper Jaffray says its data shows that despite being a more mature platform, Yelp (YELP) continues to outpace Google Plus (GOOG) in terms of review growth. Yelp reviews over the past month have increased by 3% versus Google's up 2%, Piper says. The firm remains positive on Yelp shares with an Overweight rating and $80 price target.
July 9, 2014
16:13 EDTGOOGZynga appoints Google executive Dugan to board
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16:01 EDTGOOGOptions Update; July 9, 2014
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15:06 EDTGOOGGoogle, Canon, SAP among members of new cooperative patent-licensing group
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14:45 EDTGOOGTime Warner says no truth to rumor of M&A talks with Google, WSJ reporter says
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13:44 EDTNFLXNetflix wins video on demand rights to 'Zoo' series, Variety reports
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12:52 EDTGOOGGasparino says hearing 'buzz' of Google buying Time Warner
Charles Gasparino of Fox Business tweeted ahead of the Sun Valley conference, "I'm now hearing more Google buying time warner buzz than any other company will advise once I get to #sunvalley." Shares of Time Warner are at their highs of the day, up 81c to $71.56.
11:00 EDTGOOGWells says VMware growth could slow, downgrades shares
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09:35 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AA FB AMZN TSLA TWTR MU NFLX GG CELG
08:31 EDTGOOGVMware CEO sees EMC helping it remain independent, WSJ reports
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06:59 EDTGOOGYelp formally opposed the EU's antitrust settlement with Google, NY Times says
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06:34 EDTGOOGFake document hits federal court in hiring case against tech giants, WSJ says
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06:31 EDTGOOGFTC may probe Google over child app purchases, Politico says
After the Federal Trade Commission cracked down on apps previously available on Apple (AAPL) devices that let children spend money without their parents' permission, Apple told the FTC that similar apps are available on Google's (GOOG) app store, according to Politico. As a result, the FTC may investigate Google over this issue, Politico stated. Reference Link
06:24 EDTGOOGGoogle Cloud Storage offering 2 TB of free storage through partner, WSJ reports
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