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Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:22 EDTGOOG, CSCO, RHT, VMW, RAX, AMZN, EMCRackspace potential buyers list 'extensive,' says Piper Jaffray
Piper Jaffray says the list of potential buyers for Rackspace (RAX) is "extensive" and includes Cisco (CSCO), EMC (EMC) and VMware (VMW), Google (GOOG), Amazon.com (AMZN) and Red Hat (RHT). Piper believes takeout speculation, coupled with improving fundamentals, limits downside risk in Red Hat shares. The firm keeps an Overweight rating on the stock after the company confirmed being approached by multiple parties.
News For RAX;CSCO;EMC;VMW;GOOG;AMZN;RHT From The Last 14 Days
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February 17, 2015
15:32 EDTRAXNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Devon Energy (DVN), consensus $1.05... Vornado Realty (VNO), consensus $1.23... Analog Devices (ADI), consensus 61c... FirstEnergy (FE), consensus 75c... CF Industries (CF), consensus $5.08... Agilent Technologies (A), consensus 41c... Cimarex Energy (XEC), consensus 82c... Flowserve (FLS), consensus $1.13... Fossil (FOSL), consensus $3.07... Rackspace (RAX), consensus 19c... Norwegian Cruise Line (NCLH), consensus 37c... Jack in the Box (JACK), consensus 87c... Cloud Peak Energy (CLD), consensus 7c... La-Z-Boy (LZB), consensus 38c... KAR Auction Services (KAR), consensus 29c... Owens & Minor (OMI), consensus 50c... Valmont Industries (VMI), consensus $1.65... Realty Income (O), consensus 66c.
15:09 EDTRAXRackspace February 50 straddle priced for 8.4% movement into Q4
12:12 EDTGOOGAT&T to match Google Fiber speed, pricing in Kansas City area, KC Star says
AT&T (T) announced on Sunday that it would offer Internet service in Kansas City and several of itssuburbs, with the same speed and pricing as Internet service provided by Google's Google Fiber service in the region, according to The Kansas City Star. Reference Link
11:25 EDTCSCOCisco partners with France to invest $100M in French startups, TechCrunch says
French Prime Minister Manuel Valls announced Monday a partnership with Cisco that will see the company investing $100M in French startups in coming years, reports TechCrunch, citing government statements and remarks by Cisco CEO John Chambers. The partnership also involves collaborating on cybersecurity, "smart" networks and cities, and an education initiative aimed at teaching network infrastructure to 200,000 people. Reference Link
10:31 EDTGOOGApple rises as analysts applaud reported auto ambitions
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10:28 EDTRAXJANA Partners reports 5.6% passive stake in Rackspace
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09:40 EDTAMZNActive equity options trading on open
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08:50 EDTGOOGGoogle launches Chinese YouTube channel for app developers, TechCrunch says
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07:33 EDTRAXRackspace volatility elevated into Q4 and outlook
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05:52 EDTCSCOSony to establish alliance to promote Ultra HD technology, DigiTimes reports
Sony (SNE) is planning to form an alliance with 10 companies including Cisco (CSCO) and Rohde & Shwarz to boost IP-based Ultra HD video broadcasts, reports DigiTimes. According to industry sources, the alliance named IP Life Consortium will allow TV stations worldwide to set up Ultra HD infrastructure with lower costs. Reference Link
February 15, 2015
16:45 EDTAMZNFAA proposes new rules for commercial operation of drones in U.S
The Department of Transportationís Federal Aviation Administration proposed a framework of regulations that would allow routine use of certain small unmanned aircraft systems, UAS, in todayís aviation system, while maintaining flexibility to accommodate future technological innovations. The FAA proposal offers safety rules for small UAS, under 55 pounds, conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits. Publicly traded companies in the space include General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), AeroVironment (AVAV), SAIC (SAIC), Textron (TXT), Amazon.com (AMZN) and GoPro (GPRO). Reference Link
February 13, 2015
17:52 EDTEMCThird Point gives quarterly update on stakes
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17:05 EDTGOOGAppaloosa gives quarterly update on stakes
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16:43 EDTGOOGGoogle founders Larry Page, Sergey Brin each plan to sell 2M shares of stock
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12:40 EDTGOOGGoogle says to shut down Google Helpouts on April 20
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09:33 EDTGOOGMattel, Google confirm View-Master toy collaboration
Mattel (MAT), at the Toy Industry Associationís Toy Fair in New York, unveiled a collaboration with Google (GOOG, GOOGL) via which the two will launch a new "virtual reality" View-Master toy. Available fall 2015, consumers can purchase the View-Master viewer and a sample experience reel for SRP $29.99. Additional experience reel packs will be sold separately at retail for SRP $14.99.
09:25 EDTAMZNUBS software analyst to hold an analyst/industry conference call
Software Analyst Thill, along with Microsoft expert, author and blogger Mary Jo Foley, discuss Microsoft and whether the commercial slowdown is permanent, with AWS (Amazon Web Services) dropping prices and Microsoft matching, how will they make money in the cloud on an Analyst/Industry conference call to be held on February 13 at 11 am.
06:27 EDTGOOGGoogle volatility at low end of historic range
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06:14 EDTGOOGSamsung, HTC, others to launch non-Android Wear smart devices, DigiTimes says
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06:14 EDTGOOGGoogle to push 2-in-1 Chromebook development in 2015, DigiTimes Research reports
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