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Stock Market & Financial Investment News

News For NOK;MSFT;T From The Last 14 Days
Check below for free stories on NOK;MSFT;T the last two weeks.
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May 15, 2013
12:25 EDTTAT&T CEO sees mobile business stronger in Q2
On the AT&T presentation at the JPMorgan Global Technology, Media and Telecom Conference, the CEO of AT&T Randall Stephenson said he was disappointed in the mobility business in Q1. Stephenson said "2013 is going to be driven by pretty much the plan we outlined in the first of the year, and that is you are going to continue to see additional penetration, smartphone growth in our mobility business. And first quarter in mobility was probably not our best quarter; I don't think we executed very well in the first quarter. It was a bit disappointing to me." However the CEO is more optimistic about Q2, saying mobility will "look markedly better" than in Q1.
11:37 EDTMSFTMicrosoft replacing Xbox points with gift cards, currency, The Verge reports
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07:38 EDTMSFTMicrosoft has numerous potential catalysts, says Stifel
Stifel names the release of Windows 8.1, a stabilization of the PC market, and the launch of Windows devices costing less than $500 as potential catalysts for Microsoft. The firm raised its price target on the shares to $38 from $36 and keeps a Buy rating on the stock.
07:35 EDTT, NOKJPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link
May 14, 2013
15:36 EDTMSFTMicrosoft confirms Windows 8.1 update scheduled for June 26
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07:27 EDTMSFT, NOKNokia introduces Lumia 925 with metal body, PureView camera
Nokia (NOK) introduced the Nokia Lumia 925, which introduces a metal design and includes the most advanced lens technology and next generation imaging software for clearer, sharper pictures and video, including the best low light images. The Nokia Lumia 925 also introduces the new Nokia Smart Camera mode, coming as an update to all Lumia Windows Phone 8 smartphones. The Lumia 925 is being introduced into Europe with Vodafone (VOD), along with other operator and retail partners. In addition to Europe, the Nokia Lumia 925 will be introduced into the US by T-Mobile (TMUS) and into China by China Mobile (CHL) and China Unicom (CHU). Sales are expected to start in the U.K., Germany, Italy, Spain and China in June, followed by the U.S. and a number of other markets.
06:22 EDTNOKGartner reports Q1 mobile phone sales growth
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06:07 EDTTAT&T may drop HTC Facebook phone, Bloomberg reports
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05:55 EDTNOKStocks with implied volatility movement; NOK MDLZ
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05:53 EDTMSFTWeb browsers are being reinvented, WSJ reports
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May 13, 2013
16:25 EDTMSFTOn The Fly: Closing Wrap
Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77.
14:24 EDTMSFTBarnes & Noble tumbles after blog pans potential Nook deal
Shares of Barnes & Noble (BKS) are sinking after website Insider Monkey stated that Microsoft (MSFT) doesn't plan to buy the book retailer's NOOK Media unit in the near future. Last Thursday another website, TechCrunch, reported that Microsoft was considering acquiring NOOK Media, which includes NOOK devices and other digital businesses, for $1B. WHAT'S NEW: "Nothing imminent is happening" between Microsoft and NOOK, Insider Monkey quoted a "highly placed source" at Microsoft as saying. TechCrunch's story was "only a rumor," the unnamed source added, according to Insider Monkey. WHAT'S NOTABLE: Microsoft has already invested $300M in NOOK Media in exchange for a stake of about 17% in the unit. The New York Times last week quoted a source as saying that the TechCrunch story was based on valid documents, but that they appeared to be at least several weeks old. The book retailer's stock surged over 20% on Thursday after TechCrunch published its story. TODAY'S PRICE ACTION: In mid-afternoon trading, Barnes & noble fell $2.90, or 12.40%, to $20.40.
13:51 EDTNOKNokia advances ahead of Lumia event
Nokia shares are higher after it published a YouTube clip to promote its new Lumia device a day before the hand set maker is scheduled to host a product launch event in London. WHAT'S NOTABLE: The YouTube clip is accompanied by text that reads "more than your eyes can see," as it spotlights the camera features of the next addition to the Lumia line-up. PRICE ACTION. Shares of Nokia trading in New York rose 23c, or 6.5%, to $3.90 in early afternoon trading.
13:38 EDTMSFTMicrosoft, Barnes & Noble NOOK deal unlikely, InsiderMonkey says
A report by InsiderMonkey, citing a "highly placed source inside Microsoft (MSFT)," says reports last week that Microsoft may look to acquire buy Barnes & Noble's (BKS) NOOK Media assets were only a rumor, with the source adding that "[Microsoft] has no intention of acquiring the NOOK unit." Shares of Barnes & Noble, which had been flat for the session, are now sharply lower, down $2.86, or 12.17%, to $20.45. Reference Link
09:54 EDTNOKNokia volatility low on wide price movement
Nokia May call option implied is at 60, June is at 48, July is at 50; above its 26-week average of 63 according to Track Data, suggesting large price movement.
09:47 EDTNOKNokia pops higher in early trading
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05:53 EDTMSFTU.K. game industry experiences a revival, WSJ reports
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May 12, 2013
12:01 EDTTAT&T, CWA reach tentative agreement in East wireline talks
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May 10, 2013
07:48 EDTMSFTMicrosoft says Yammer sales up 259%, added 312 customers in quarter
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07:08 EDTTESPN considers subsidizing wireless data plans, WSJ reports
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