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Stock Market & Financial Investment News

News Breaks
December 28, 2012
06:09 EDTFB, YHOO, LOW, RIMM, HDOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: American consumers are worrying more about the economic outlook, according to a report by The Conference Board, suggesting they have begun focusing on possible tax increases and government spending cuts next year. Their consumer confidence index fell six percentage points in December from a month earlier to 65.1, its lowest level since August, the Wall Street Journal reports...High-frequency trading firms are fighting to fend off regulation as scrutiny of their practice of unleashing blizzards of orders coincides with repeated technical glitches in the markets, the Wall Street Journal reports...REUTERS: China announced tighter Internet controls, legalizing the deletion of posts or pages which are deemed to contain "illegal" information and requiring service providers to turn over that information to the authorities, Reuters reports...Smart investors can get things wrong in the fast-evolving technology sector, where once hot global names like Research in Motion (RIMM) and Yahoo (YHOO) can quickly become yesterday's news. One warning sign: When tech firms make acquisitions outside of its main area of expertise to move into new product lines, Reuters reports...BLOOMBERG: Home Depot (HD) and Lowe’s Cos. (LOW) have the most at stake among retailers facing a dockworkers’ strike, with possible port closings cutting off shipments coming just before the lucrative gardening season, Bloomberg reports...IPOs this year fell to the lowest level since the financial crisis as signs of an economic slowdown and Facebook’s (FB) disappointing debut slowed demand and prompted companies to push back sales. IPOs raised $112B worldwide this year, the least since 2008, according to Bloomberg data. U.S. offerings raised $41B, little changed from last year, Bloomberg reports.
News For RIMM;YHOO;HD;LOW;FB From The Last 14 Days
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April 12, 2015
19:01 EDTYHOONokia maps unit HERE may be of interest to several tech firms, Re/code says
If Nokia is putting its mapping unit HERE up for sale it may draw interest from firms like Microsoft (MSFT), Yahoo (YHOO), Amazon (AMZN) and Apple (AAPL), says Re/code. Reference Link
17:01 EDTYHOOYahoo demotes head of Tumblr, WSJ says
David Karp has been demoted as head of Yahoo's Tumblr division while Adam Cahan, the company's SVP of Mobile, will lead a new group concentrating on video, reports the Wall Street Journal's Digits blog, citing a company-wide memo sent by CEO Marissa Mayer. Simon Khalaf has been promoted to SVP overseeing the Yahoo homepage and Tumblr, and will work on making Tumblr "work more closely together" with other Yahoo properties, said a person briefed on the reshuffling plans. Reference Link
April 10, 2015
19:49 EDTLOWLowe's management to meet with JPMorgan
Meetings to be held in East Rutherford, NJ on April 15 and in New York on April 16 hosted by JPMorgan.
16:45 EDTYHOOYahoo SVP, Mike Kerns, leaves, Re/code reports
Yahoo SVP, Mike Kerns has departed the company, Re/code reports. Kerns reports directly to Mayer as SVP of the homepage and other verticals such as video. Reference Link
16:05 EDTFBOptions Update; April 10, 2015
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April 9, 2015
09:55 EDTYHOOYahoo testing search pages without Bing branding, Business Insider reports
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09:18 EDTLOW, HDBofA/Merrill retail analysts hold an analyst/industry conference call
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08:51 EDTYHOOYahoo headcount reductions could drive flat EBITDA, says Morgan Stanley
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06:26 EDTFBFacebook launches Messenger for Web browsers
Facebook has launched a Web version of Messenger. Users can access the product at Messenger.com. Reference Link
April 8, 2015
12:36 EDTFBGoogle, Facebook not discussing Twitter buyout, Re/code reports
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09:00 EDTYHOOYahoo says bringing mobile audience targeting to native advertisers
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08:42 EDTFBLivePerson should benefit from Facebook move, says Roth Capital
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06:34 EDTYHOOYahoo, Tumblr may undergo significant changes, The Information says
Yahoo is preparing to make significant organizational changes that may alter Tumblr's product management team and end Tumblr's status as a standalone unit, according to The Information. Reference Link
April 7, 2015
16:00 EDTFBOptions Update; April 7, 2015
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12:15 EDTYHOOYahoo volatility at low end historic range
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06:00 EDTFBTurkey restores access to YouTube, Twitter, Facebook, FT reports
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April 6, 2015
20:07 EDTFBFacebook sued for facial biometric data collection, BI says
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19:42 EDTYHOOSurvey of iPhone, iPad users indicates preference for Google search, BI says
48% of Apple (AAPL) iPhone and iPad users report that if Yahoo (YHOO) were to acquire default search engine rights for Apple's Safari browser, they would manually switch the default search back to Google (GOOG), reports Business Insider, citing a survey of roughly 500 Apple users by Goldman Sachs tech analysts. 4% of the surveyed users stated they would intentionally keep Yahoo as the default. Reference Link
06:03 EDTFBUber hires Facebook's Joe Sullivan as Chief Security Officer
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April 5, 2015
16:56 EDTFBEU considers major probe into Internet platforms, WSJ says
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