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Stock Market & Financial Investment News

News Breaks
September 30, 2012
20:41 EDTRIMM, AAPL, GOOG, MSFT, NOK, SSNLFRIM shows signs of life but still faces a difficult road, Barron's reports
Research in Motion's, or RIM (RIMM) quarterly results were not as encouraging as appeared at first blush. Although the company saw an increase in the number of subscribers using its push e-mail service, the average revenue per subscriber declined. RIM conceded that it is cutting prices in an effort to reduce the "churn" of subscribers, which doesn't give the impression the service is in high demand, says Barron's Technology Trader columnist Tiernan Ray. Also, RIM is facing a holiday season with no new product as rival Apple (AAPL), Google (GOOG), Samsung Electronics (SSNLF), Microsoft (MSFT), Nokia (NOK) all have new phones coming to market. RIM's next big effort, Blackberry 10 or BB10, won't be on new devices until sometime in Q1. Perhaps most disappointing, a continuing review of financial options that began at the end of May, still has yet to produce any conclusions -- much less the licensing of RIM's technology, something the Street has been hoping for, says Ray. With a market value of $3.7B and cash of $2.3B, RIM's 80M subscribers and its patent holdings are valued at just $1.4B, Ray reports. That could make the company attractive to a buyer. But, Ray contends that it's a gamble whether any entity will step up to the plate as RIM's share of smartphones slips away. Reference Link
News For RIMM;AAPL;GOOG;MSFT;NOK;SSNLF From The Last 14 Days
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May 23, 2013
06:08 EDTAAPLOn the Fly: Periodicals Wrap-Up
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06:04 EDTAAPLApple hoping to launch music service at June conference, NY Post reports
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05:45 EDTMSFT, AAPL, GOOGBig companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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May 22, 2013
16:00 EDTGOOGOptions Update; May 22, 2013
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14:27 EDTGOOGcomScore says Google Sites lead April U.S. online video rankings
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14:06 EDTGOOGGoogle’s X Phone confirmed for Sprint, BGR says
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13:43 EDTSSNLFSamsung takes stake in Pantech, AllThings D says
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12:07 EDTAAPL, SSNLFConsumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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11:52 EDTMSFTUncertainty surrounds GameStop after new Xbox revealed
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09:42 EDTAAPLApple rises in early trading, levels to watch
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09:39 EDTGOOG, AAPLActive equity option families trading
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09:24 EDTMSFTMicrosoft CEO says to hire 'several thousand' in China, Bloomberg reports
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08:53 EDTMSFTGameStop has positive read through from Xbox launch, says Sterne Agee
Sterne Agee believes that GameStop (GME) will benefit from several aspects of the launch of the new version of Microsoft's (MSFT) Xbox, including the fact that it will accept new games and is launching this year instead of 2014 as some reports had suggested. The firm keeps a $46 price target and Buy rating on GameStop.
08:45 EDTMSFTMicrosoft Xbox very compelling, says Stifel
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07:41 EDTMSFTPROS Holdings to host a conference
Outperform Europe 2013 is being held in Brussels, Belgium on May 22-23.
07:29 EDTMSFTXbox won't hurt pay TV companies in near-term, AllThingsD says
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07:24 EDTMSFTNetEvents International to host a summit
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07:12 EDTMSFTGameStop may see pressure from used game uncertainty, says Piper Jaffray
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07:10 EDTAAPLApple bonds lose $280.6M as rates increase, Bloomberg reports
Apple’s bonds have lost $280.6M of market value since buyers bought $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, reports Bloomberg.Reference Link
07:10 EDTSSNLFSamsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
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