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Stock Market & Financial Investment News

News Breaks
June 28, 2013
14:46 EDTORCL, CRM, MSFT, BBBY, BBRY, WDC, STEC, ACNMarket poised to finish week higher after Fed officials try to calm investors
Stocks are set to end the week higher after Fed officials said that the central bank doesn't intend to raise interest rates in the near future and said the market was overreacting to a potential tapering of the central bank's asset purchases. MACRO NEWS: Any increase in the Fed's benchmark interest rate is "probably a long way off," William Dudley, president of the Federal Reserve Bank of New York, said yesterday. Also yesterday Federal Reserve governor Jerome Powell said the market had overreacted to potential tightening by the central bank... China's central bank also appeared to try to calm investors, saying on Tuesday that it had provided liquidity to some of the country's more prudent banks... U.S. economic data was mixed, with first quarter GDP coming in well below consensus estimates, the Case-Shiller index of home prices beating expectations by a wide margin and the government reporting jobless claims that were in-line with the consensus outlook. COMPANY NEWS: Oracle (ORCL) announced major partnership deals with Salesforce.com (CRM) and Microsoft (MSFT)... Retailer Bed Bath & Beyond (BBBY) reported in-line results, while BlackBerry's (BBRY) results were significantly below expectations and guidance issued by consulting firm Accenture (ACN) missed the consensus outlook... Hard disk drive maker Western Digital (WDC) agreed to acquire solid state drive maker STEC (STEC).
News For ORCL;CRM;MSFT;BBBY;BBRY;WDC;STEC;ACN From The Last 14 Days
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July 15, 2014
07:23 EDTMSFTFortune to hold a conference
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07:17 EDTACNFarnborough International to hold air show
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06:46 EDTBBRYBlackBerry says many readers upbeat about new phone, Re/code reports
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06:24 EDTMSFTMicrosoft poised to make job reductions, Bloomberg says
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06:06 EDTMSFTElectronic Arts names Ken Moss as Chief Technology Officer
Electronic Arts (EA) announced on its website that it has named Ken Moss as its Chief Technology Officer. As CTO, Ken will lead the organization, strategy and vision for EA’s Digital Platform and Information Technology divisions. Moss comes to EA most recently from eBay (EBAY), where he led the Marketplace Technology, Science and Data global organization. He is a 20-year veteran of Microsoft (MSFT), where he founded and led the engineering and product teams on Search -- which later became Bing -- and played an important role in Microsoft’s transition to large-scale services. Reference Link
06:04 EDTBBBYStocks with implied volatility below IV index mean; BBBY SHPG
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05:42 EDTBBBYBed Bath & Beyond announces planned $1.1B accelerated share repurchase
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July 14, 2014
16:40 EDTWDCWestern Digital initiated with a Positive at Susquehanna
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13:14 EDTBBBYBed Bath & Beyond may be subject of investor activism, says Wells Fargo
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12:49 EDTORCLOracle hosts an educational webcast
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11:45 EDTBBRYStocks with call strike movement; BBRY SUNE
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11:21 EDTWDCWestern Digital added to short-term buy list at Deutsche Bank
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08:46 EDTMSFTItron selects Microsoft Azure as preferred cloud platform
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08:34 EDTMSFT, WDCPC market stability could be short-lived, Reuters says
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07:48 EDTMSFTQuantum computer company D-Wave may come public, FT says
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06:59 EDTWDCWestern Digital price target raised to $118 from $100 at Deutsche Bank
Deutsche Bank raised its price target for Western Digital shares to $118 on expectations PC market strength will continue and that enterprise will recover in the second half of 2014. Deutsche expects Western Digital to report June quarter results above guidance due to market share gains and it keeps a Buy rating on the stock.
06:08 EDTMSFTMicrosoft confirms plans to discontinue MapPoint, Streets & Tips
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06:05 EDTMSFTMicrosoft to expand coverage of free Windows licensing, DigiTimes reports
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06:03 EDTBBBYStocks with implied volatility below IV index mean; BBBY SHPG
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05:49 EDTBBBYStocks with implied volatility movement; BBBY CWH
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