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Stock Market & Financial Investment News

News Breaks
March 30, 2012
14:19 EDTRIMM, APOL, AAPL, APA, CHK, CAM, FTI, APCMarket looks set for weekly gain as economic data lifts stocks
Stocks are poised to advance this week, as fairly favorable macroeconomic data gave shares a boost. MACRO NEWS: U.S. GDP rose 3% in Q4, in line with expectations, and consumer spending rose a higher than expected 0.8% last month, the government reported... The University of Michigan's index of consumer confidence for March came in at 76.2, versus the consensus estimate of 75... Many energy stocks fell, as natural gas declined to ten-year lows and oil prices retreated... COMPANY NEWS: Research In Motion's (RIMM) massive troubles continued to mount, as the company yesterday night reported weaker than expected Q4 results, decided to stop providing guidance, and announced that two of its key executives would leave the company. The smartphone maker, however, said that it would consider selling itself, and its stock was rising significantly in mid-afternoon trading... For-profit education giant Apollo Group (APOL) appears to be encountering new problems of its own, as the company said that its new enrollment could drop by a double digit percentage level during the current quarter. Apollo's stock slid, dragging down a number of other for-profit education companies... Foxconn, which manufactures products for Apple (AAPL) and several other tech giants, said that it would raise the pay and improve the working conditions of its employees.
News For RIMM;APOL;AAPL;APA;CHK;CAM;FTI;APC From The Last 14 Days
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April 2, 2014
16:58 EDTAAPLPiper Jaffray still expects 'full TV' offering from Apple this year
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16:21 EDTAPOL, AAPLOn The Fly: Closing Wrap
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16:00 EDTAAPLOptions Update; April 2, 2014
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13:04 EDTAPOLStocks with call strike movement; APOL AA
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12:48 EDTAAPLGT Advanced rallies after Goldman raises price target
Shares of GT Advanced Technologies (GTAT) - which makes sapphire products and solar energy equipment - are climbing after Goldman Sachs raised its price target on the stock in a note to investors earlier today. WHAT'S NEW: Goldman Sachs analyst Brian Lee raised his 2015 and 2016 earnings per share estimates for GT Advanced, as he is more upbeat about the outlook for the company's equipment business. GT Advanced's deal to supply sapphire for upcoming Apple (AAPL) devices is worth $15 per share for GT if the deal goes as expected, and up to $25 if the deal exceeds expectations, contended Lee. The analyst raised his price target on the stock to $24 from $20 and kept a Buy rating on the shares. OTHERS TO WATCH: Rubicon Technology (RBCN) also makes sapphire. That stock was upgraded to Overweight from Neutral in a note to investors from JPMorgan yesterday. JPMorgan expected Rubicon to benefit from a pick-up in demand for LEDs and sapphire covers. The stock surged yesterday in the wake of the upgrade. PRICE ACTION: In early afternoon trading, GT Advanced climbed $1.13, or 6.5%, to $18.51, while Rubicon fell 2.8% to $12.62.
12:33 EDTAPOLOn The Fly: Midday Wrap
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12:00 EDTAPOLApollo Education falls 7.7%
Apollo Education is down 7.7%, or $2.71, to $32.44
11:15 EDTAAPLAmazon says Fire TV 'three times as powerful' as Apple TV, Roku, Chromecast
11:08 EDTAPOLOptions with decreasing implied volatility: LULU VJET APOL RHT GME
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10:58 EDTAPOLApollo Education to host analyst and investor meeting
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10:26 EDTAPOLHigh option volume stocks: ROST EMES APOL EEFT DAR
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10:00 EDTAPOLOn The Fly: Analyst Upgrade Summary
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09:35 EDTAPOL, AAPLActive equity options trading on open
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09:18 EDTAAPL, APOLOn The Fly: Pre-market Movers
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07:23 EDTAAPLApple (AAPL) to act like Google (GOOG) in ad push, Business Insider says
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07:05 EDTAPCAnadarko management to meet with Deutsche Bank
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06:45 EDTAAPLAmazon expected to announce media streaming device today, Business Insider says
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06:05 EDTAPOLApollo Education upgraded to Outperform from Market Perform at Wells Fargo
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05:58 EDTAAPLSamsung lawyer calls Apple claims 'gross exaggeration,' Re/code reports
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05:57 EDTAAPLPiper positive on Apple shares ahead of product cycle
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