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Stock Market & Financial Investment News

News Breaks
April 8, 2014
16:21 EDTNOK, ROVI, AMZN, FB, NFLX, LNKD, CTRP, QUNR, GIMOOn The Fly: Closing Wrap
Stocks on Wall Street were higher, recovering just a bit of what was lost in the last two sessions. The Nasdaq, which had been a laggard in recent trade, posted the session's largest gains. Alcoa (AA), the traditional marker for the beginning of corporate earnings season, is set to report after the market close. ECONOMIC EVENTS: The NFIB's small business optimism index increased to 93.4 in March from a prior reading of 91.4, slightly beating expectations. The number of job openings was reported to have risen to 4.17M in February from a revised estimate of 3.87M in the prior month. The International Monetary Fund trimmed its outlook for global economic growth ahead of the spring World Bank meetings later this week. The IMF now forecasts that the world economy will expand 3.6% this year, which is a slight downgrade from its 3.7% estimate in January. COMPANY NEWS: New York-listed Nokia (NOK) shares gained 36c, or 4.99%, to $7.58 after a deal to sell substantially all of its Devices & Services business to Microsoft (MSFT) received regulatory approval in China... A number of tech's high-fliers that have been notably weak in the last month of trade, including Amazon (AMZN), Facebook (FB), Netflix (NFLX) and LinkedIn (LNKD), advanced more than 2% as the Nasdaq lead the market's gains after serving as a laggard in recent sessions. MAJOR MOVERS: Among the notable gainers were Chinese travel website operators Ctrip.com (CTRP), up $5.23, or 10.41%, to $55.48, and Qunar (QUNR), up $3.94, or 14.65%, to $30.84, after a report from Bloomberg said the companies are in talks on a deal that could result in a partnership or potentially a full merger. Among the noteworthy losers was Gigamon (GIMO), which lost $8.89, or 33.93%, to $17.31 after the company lowered its first quarter revenue outlook largely based on an expected large transaction from an existing customer in EMEA that did not occur. Also lower was Rovi (ROVI), which fell $2.76, or 11.87%, to $20.50 after an appeals court upheld a ruling that said Amazon did not infringe the company's patents related to television program guides. INDEXES: The Dow was up 10.27, or 0.06%, to 16,256.14, the Nasdaq was up 33.23, or 0.81%, to 4,112.99, and the S&P 500 was up 6.92, or 0.38%, to 1,851.96.
News For NOK;ROVI;AMZN;FB;NFLX;LNKD;CTRP;QUNR;GIMO From The Last 14 Days
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September 9, 2014
16:00 EDTAMZNiPath S&P 500 VIX Short-Term Futures up 74c to 28.25
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15:05 EDTAMZNAmazon.com falls to session lows, levels to watch
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14:32 EDTFBApple shows Facebook, Twitter apps on Apple Watch
12:55 EDTNFLXNetflix advances after analyst ups target to $600
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12:28 EDTQUNR, CTRPCtrip.com removed products from Qunar site, GeoInvesting says
GeoInvesting tweeted that after visiting Qunar's (QUNR) website it confirmed Ctrip.com (CTRP) has removed its hotel products from Qunar's website. Shares of Qunar are down 3% to $30.80 in midday trading.
10:18 EDTAMZNBarnes & Noble says won't launch new bn.com in time for holiday season
Says "extremely happy" with Retail's Q1 performance, sees moderation of physical booksales decline. Says sees sales lift due to dispute between Amazon (AMZN) and Hachette. Regarding the launch of bn.com says making progress on development, but completion taking longer than expected. The company plans to launch the new site later this FY, but not in time for holiday season. Comments made on the Q1 earnings conference call.
09:36 EDTFB, NFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL KNDI NFLX YHOO TWTR TSLA C BAC FB MCD
08:22 EDTNFLXNetflix price target raised to $600 from $530 at RBC Capital
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07:31 EDTNFLXNetflix enters online U.S. net neutrality strike, Reuters says
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07:17 EDTNOK, FBThe Wireless Association to hold a conference
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September 8, 2014
16:00 EDTNFLX, AMZNOptions Update; September 8, 2014
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14:00 EDTFBFacebook averages more than 1B video views per day, introducing video views
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11:12 EDTAMZNAmazon offering Fire Phone for 99c with two-year contract
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10:00 EDTFBFacebook may soon enter China, DoNews reports
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09:40 EDTNFLX, FBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA YHOO BAC FB MSFT NFLX GILD MCD
07:42 EDTNFLXNetflix expands in Europe amid scrutiny, skepticism, WSJ says
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07:35 EDTAMZNAmazon mulls Fire phone UK exclusively deal with O2, FT says
In an effort to rival Apple (AAPL) and Samsung (SSNLF) in the premium smartphone industry, Amazon (AMZN) is in final-stage discussions to sell its new Fire smartphone exclusively through Telefonica’s (TEF) O2 throughout the UK, reported the Financial Times. Reference Link
06:34 EDTFBFacebook's Zuckerberg sees WhatsApp reaching up to 3B users, WSJ reports
Speaking at an event in Mexico City, Facebook CEO Mark Zuckerberg says messaging service WhatsApp could reach two to three billion users through a tie-up with Facebook, though WhatsApp will stay an independent service, the Wall Street Journal reports. Facebook agreed to pay $19B for WhatsApp earlier this year. Reference Link
September 7, 2014
14:29 EDTAMZNAmazon.com secures $2B credit arrangement
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14:24 EDTFBFacebook CEO ready to spend billions to spread internet access, Bloomberg says
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