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Stock Market & Financial Investment News

News Breaks
December 16, 2012
22:59 EDTCSCO, VZ, ACN, ORCL, NOK, ERIC, NTAP, AAPL, QCOM, T, IBM, SYMC2013 could be very good for Tech yields, LTE, Barron's reports
The growth of high-speed data networks and improving technology could prove to be very profitable to companies in the Technology sector, like Oracle (ORCL), Symantec (SYMC), Appple (AAPL), Accenture (ACN), IBM (IBM), and NetApp (NTAP). The boom could also improve the profits of cellular networks like Verizon (VZ) and AT&T (T), as well as cellular phone manufacturers, like Ericsson (ERIC) and Nokia (NOK), Barron's explains. Reference Link
News For ORCL;SYMC;AAPL;ACN;IBM;NTAP;VZ;T;ERIC;CSCO;QCOM;NOK From The Last 14 Days
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June 22, 2015
08:08 EDTCSCORed Hat names Frank Calderoni as EVP, operations, CFO
Red Hat (RHT) announced that Frank Calderoni will join the company as EVP, operations and CFO. Calderoni will be responsible for leading the company’s global finance organization and the leadership and management of IT and operations teams, reporting to Red Hat president and CEO, Jim Whitehurst. Calderoni served as EVP and CFO at Cisco Systems (CSCO) for seven years and most recently served as an executive advisor. Calderoni succeeds Red Hat executive vice president and CFO Charlie Peters, whose planned retirement was announced in December 2014, and who will remain with Red Hat until July 31. Calderoni joins Red Hat on June 22, 2015, and will succeed Peters as CFO effective July 13, 2015.
07:46 EDTAAPLApple CEO: Chinese consumer tastes weighed in product designs, Bloomberg says
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07:17 EDTNOKRegulators to decide by July 27 on Nokia, Alcatel-Lucent deal, Reuters reports
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05:59 EDTAAPLApple developing in-house TDDI solutions, DigiTimes reports
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05:55 EDTAAPLApple changes tune over music streaming royalties, Financial Times says
Apple has agreed to pay for all the music carried on its new streaming music service during free trials, reports the Financial Times. The company signaled the climbdown after singer Taylor Sift released an open letter Sunday that denounced Apple Music as "shocking" and "disappointing.", adding that her views were shared by "every artist, writer and producer" in her social circles. The company will now pay for the music it streams during free trials, though it would pay less for each stream than it will when a user has taken a full subscription. Reference Link
05:48 EDTSYMCSymantec downgraded to Sell from Neutral at UBS
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05:45 EDTSYMCFireEye downgraded to Neutral from Buy at UBS
UBS analyst Brent Thill downgraded FireEye (FEYE) to Neutral citing the stock's 70% rally year-to-date. Hill, however, raised his price target for name to $55 from $50. Shares of the cybersecurity provider closed Friday down 58c to $53.65. Hill also downgraded Symantec (SYMC) this morning to Sell. In the cybersecurity space, he keeps Buy ratings on Palo Alto Networks (PANW) and Fortinet (FTNT).
05:39 EDTIBMNidec, IBM Japan to jointly develop IoT Technology
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June 20, 2015
16:10 EDTNTAPNetApp participates in a conference call with UBS
UBS IT Hardware Analyst Steve Milunovich hosts CEO George Kurian, who will discuss NetApp's technology, strategy and direction on a conference call to be held on June 24 at 1 pm. Webcast Link
June 19, 2015
16:24 EDTORCLStocks end week higher after Fed reassures on gradual pace of rate increases
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16:00 EDTT, AAPLOptions Update; June 19, 2015
iPath S&P 500 VIX Short-Term Futures up 11c to 18.21, Option volume leaders: AAPL TWTR BAC T FB GILD NFLX BABA AAL MU AMZN
13:37 EDTACNAccenture June weekly volatility elevated into Q3 and outlook
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12:46 EDTAAPLApple denies coercing artists into Apple Music deals, Rolling Stone reports
An Apple spokesman has denied allegations that it is threatening to remove music from its iTunes store by artists who do not sign up for the Apple Music service, reports Rolling Stone. A company spokesman said "It will not be taken off". The comments came after musician Anton Newcombe went on Twitter, alleging that an Apple representative threatened to take off their music if he didn't sign on. Reference Link
09:37 EDTORCL, AAPLActive equity options trading on open
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08:31 EDTORCLFortinet adds Oracle Chief Marketing Officer Judith Sim to board
Fortinet (FTNT) announced that Judith Sim, Chief Marketing Officer at Oracle (ORCL), is joining Fortinet's board, effective June 22.
06:36 EDTVZArianna Huffington renews contract through 2019, NY Times reports
Huffington Post founder Arianna Huffington has renewed her contract for four years, The New York Times reports. Huffington, whose contract had expired this year and had not signed a new one amid uncertainty surrounding the pending acquisition of Huffington Post parent AOL (AOL) by Verizon (VZ), will remain chairwoman, president and editor-in-chief of the publication. In a memo to staff members, Huffington commented that "After all my meetings and conversations with and the Verizon leadership, I am convinced that we will have both the editorial independence and the additional resources that will allow HuffPost to lead the global media platform shift to mobile and video." Reference Link
06:22 EDTIBMLayoffs commenced at IBM this week, Business Insider reports
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06:22 EDTVZ, TMicrosoft to offer more Lumia phones through U.S. carriers, Re/code reports
Microsoft (MSFT) will be offering more of its Lumia smartphones through U.S. wireless carriers, Re/code reports. Beginning next week, the company’s Lumia 640 XL smartphone will be available through AT&T (T) for around $250, the report says. The Lumia 735 will begin selling through Verizon (VZ) at around $200, Re/code reports. Reference Link
06:18 EDTAAPLApple Music unable to secure rights to '1989' album, BuzzFeed News reports
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05:52 EDTQCOMStocks with implied volatility movement; AMZN QCOM
Stocks with implied volatility movement; Amazon.com (AMZN) 24, Qualcomm (QCOM) 19 according to iVolatility.
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