New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 22, 2012
06:49 EDTAAPL, NOK, GOOG, MSFTNokia to introduce cheaper Windows smartphone, Reuters reports
Nokia (NOK) will launch a new, cheaper smartphone that utilizes Microsoft's (MSFT) Windows Phone software next Monday, according to Reuters, which cited two unnamed sources close to Nokia. Reference Link
News For NOK;MSFT;GOOG;AAPL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 >>
January 28, 2016
14:29 EDTMSFTNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Microsoft (MSFT), consensus 71c... Amazon (AMZN), consensus $1.56... Amgen (AMGN), consensus $2.29... Electronic Arts (EA), consensus $1.81... Skyworks (SWKS), consensus $1.58... Western Digital (WDC), consensus $1.54... Visa (V), consensus 68c... Flextronics (FLEX), consensus 31c... NetSuite (N), consensus 4c... Fortinet (FTNT), consensus 18c... Synaptics (SYNA), consensus $1.58... Proofpoint (PFPT), consensus (11c).
14:17 EDTAAPLApple acquires education technology startup LearnSprout, Bloomberg says
Subscribe for More Information
13:53 EDTAAPLApple acquires education technology startup LearnSprout, Bloomberg reports
13:07 EDTAAPLFacebook says expanding ability to share live video in U.S. via iPhone
Subscribe for More Information
12:41 EDTMSFTMicrosoft technical notes before earnings
Subscribe for More Information
10:44 EDTMSFTStocks with call strike movement; AMZN MSFT
Subscribe for More Information
10:34 EDTAAPLApple supplier Cirrus jumps after results beat expectations
The shares of Cirrus Logic (CRUS) are surging after the company reported stronger than expected third quarter results last night. Research firm Oppenheimer responded to the news by upgrading the stock to Outperform from Market Perform. Cirrus, which develops integrated circuits, is said to get about 75% of its revenue from Apple (AAPL). WHAT'S NEW: Cirrus reported Q3 EPS of 82c, versus analysts' consensus outlook of 81c. The company's revenue also came in slightly above expectations. However, it provided Q4 revenue guidance of $225M at the midpoint of their range of $210M-$240M, versus the consensus outlook of about $260M. However, Cirrus said that it continues to expect its revenue to increase more than 15% in its upcoming fiscal year. "Short-term weakness for certain audio products" caused Cirrus' Q3 results and Q4 outlook to be weaker than the company originally expected, the company stated. iPhones, whose sales came in below analysts' consensus forecast last quarter, utilize audio products from Cirrus. Cirrus CEO Jason Rhode said he remains upbeat about the company's prospects, stating, "We are confident that our strategy of focusing on innovative market leading customers in the fastest growing audio and voice segments will fuel future growth." Rhode added that Cirrus expects to sell more products to its existing customers going forward. ANALYST REACTION: Oppenheimer analyst Rick Schafer upgraded Cirrus to Outperform from Market Perform in a note to investors today. Apple will utilize a smart codec from Cirrus to reduce noise in the earbuds of the upcoming iPhone 7 device, Schafer predicted. As a result, Cirrus will obtain an average of about $5.50 for each iPhone 7 sold, up from about $3.50 for the iPhone 6 and iPhone 6+, the analyst estimated. Meanwhile, Cirrus is selling more of its smart codecs and audio amps to Android smartphone makers, accrding to Schafer. He raised its 2017 EPS estimate for the company to $3.30 from $2.74, and he thinks the company's results could beat expectations through the second half of this year. Schafer set a $40 price target on the shares. PRICE ACTION: In early trading, Cirrus climbed 15.5% to $32.29.
10:05 EDTAAPLApple recalls wall plug adapters outside the U.S.
Apple announced a voluntary recall of AC wall plug adapters designed for use in Argentina, Australia, Brazil, Continental Europe, New Zealand and South Korea. "In very rare cases, affected Apple two-prong wall plug adapters may break and create a risk of electrical shock if touched," the iPhone maker said in a statement. The wall plug adapters shipped with Mac and certain iOS devices between 2003 and 2015 and were also included in the Apple World Travel Adapter Kit. Apple is aware of 12 incidents worldwide. The recall does not affect any other Apple AC wall plug adapters designed for Canada, China, Hong Kong, Japan, United Kingdom, United States or any Apple USB power adapters.
09:38 EDTMSFT, AAPLActive equity options trading on open
Subscribe for More Information
08:50 EDTMSFTUBS trims Microsoft estimates for second half on macro uncertainty
Subscribe for More Information
08:04 EDTMSFT, GOOGHarman CEO: On track to deliver full year plan
"I am pleased to announce our 11th consecutive quarter of top and bottom line growth. Our strong first half results were in-line with our expectations. While we are closely monitoring macroeconomic developments, at this time, we are on track to deliver on our full year plan," said Dinesh C. Paliwal, Harman (HAR) Chairman, President and CEO. "HARMAN continues to innovate and bring industry-first solutions to market. We are also partnering with key technology leaders such as Google (GOOG), Microsoft (MSFT) and Under Armour (UA) to capitalize on the opportunities presented by IoT for automotive, enterprise and consumer electronics. In addition, our acquisition of TowerSec will strengthen our cybersecurity leadership position for automotive."
07:46 EDTAAPLNew iPad Air production to start in Q2, Digitimes reports
Apple is anticipated to unveil its new edition of the iPad Air in March 2016 and production will begin in Q2, with General Interface Solution and TPK to supply touch panels, Digitimes reports, citing Taiwan-based supply chain makers. The new iPad will reportedly come with a 4K resolution panel and up to 4GB in RAM, as well as better battery life, the report says. Reference Link
07:45 EDTGOOGFacebook price target raised to $140 from $125 at Cowen
Subscribe for More Information
07:15 EDTAAPLMarathon Patent Group announces trial date of May 2 in case against Apple
Subscribe for More Information
06:46 EDTAAPLApple may unveil iPad Air 3 at March event, 9to5Mac reports
Subscribe for More Information
06:32 EDTMSFTMicrosoft volatility elevated into Q2 and outlook
Microsoft January weekly call option implied volatility is at 97, February is at 38; compared to its 52-week range of 15 to 39, suggesting large near term price movement into the expected release of Q2 results today after the market close.
06:24 EDTGOOGSNP calls on EU to probe Google's U.K. tax agreement, FT reports
Subscribe for More Information
06:22 EDTGOOG, AAPLGoogle, Apple push back on Euro tax deals, FT reports
Subscribe for More Information
06:19 EDTGOOGItaly finance police say Google avoided EUR227M in taxes, Reuters says
Subscribe for More Information
06:11 EDTAAPLApple could ship 20M Macs this year, DigiTimes reports
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use