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Stock Market & Financial Investment News

News Breaks
October 11, 2012
16:24 EDTDLTR, OSK, FAST, SSNLF, AAPL, DTEGY, SFTBF, PCS, CLWR, SOn The Fly: Closing Wrap
Stocks on Wall Street finished flat on the day after lower jobless claims pushed the averages higher to begin the session, but the market was unable to maintain any upward momentum. The Nasdaq in particular was weighed on by a slide in Apple (AAPL) shares, which fell about 2% after an appeals court overturned a temporary injunction that had blocked the sale of Samsung's (SSNLF) Galaxy Nexus smartphone... ECONOMIC EVENTS: In the U.S., weekly initial jobless claims were 339,000, versus the expected 370,000. However, a Labor Department economist reportedly said one large state didn't report additional quarterly figures as expected, which influenced the weekly number. The trade balance report showed a deficit of $44.2B, versus the expected deficit of $44.0B. A separate report showed import prices increased 1.1% in September, versus the expected increase of 0.7%. In Europe, Spainís credit rating was downgraded by S&P by two notches late Wednesday to BBB-... COMPANY NEWS: Shares of Sprint (S) climbed 72c, or 14.29%, to $5.76 after reports emerged, which the company confirmed, that it is in talks with Japanese cellphone company Softbank (SFTBF) regarding a potential "substantial investment." CNBC reported Sprint is working to buy Clearwire (CLWR), possibly in a deal related to the Softbank negotiations. Shares of Clearwire were up 90c, or 69.23%, to close at $2.20... MAJOR MOVERS: Among the notable gainers was Fastenal (FAST), up $3.57, or 8.44%, to $45.89 after the company reported in-line results for its third quarter and raised its dividend. Also up were shares of Oshkosh Corporation (OSK), which rose $3.05, or 11.36%, to $29.90 after investor Carl Icahn made a tender offer to buy any outstanding shares of the company for $32.50 per share and Merrill Lynch said the company may be worth $42-$49 per share in a sum-of-parts valuation. Among the noteworthy losers was Dollar Tree (DLTR), down $3.63, or 7.74%, to $43.28 after saying it sees its Q3 sales coming in at the low end of its prior forecast... INDICES: The Dow lost 18.58, or 0.14%, to 13,326.39; the Nasdaq fell 2.37, or 0.08%, to 3,049.41; and the S&P 500 rose 0.28, or 0.02%, to 1,432.84.
News For S;CLWR;PCS;SFTBF;DTEGY;AAPL;SSNLF;FAST;OSK;DLTR From The Last 14 Days
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October 8, 2014
06:13 EDTAAPL, SSNLFNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
06:10 EDTAAPLQuantom begins small-volume production of 12-inch Macbook Air, DigiTimes says
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05:54 EDTAAPLTeen interest in Apple Watch 'tepid,' says Piper Jaffray
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October 7, 2014
17:05 EDTAAPLApple iPhone gains market share among teens, says Piper
Piper Jaffray analyst Gene Munster concluded from Piper's 2014 Teen Survey that interest in Apple's technology remained strong among teens. According to the survey, teen iPhone ownership rose to 67% from 61% in the Spring, and iPad ownership among teens that owned a tablet remained at 66%, the same as in the Spring. However, teen interest in the Apple Watch remained "tepid," as only 16% of teens would be interested in an Apple Watch at $350. Shares are Overweight rated with a $120 price target.
16:00 EDTAAPLOptions Update; October 7, 2014
iPath S&P 500 VIX Short-Term Futures up 2.16 to 32.24 Option volume leaders: AAPL TSLA TWTR AMZN FB VZ AA HTZ NFLX PBR according to Track Data.
15:01 EDTAAPLDunkin Donuts testing mobile ordering system, considering Apple Pay, NRN reports
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14:46 EDTAAPLApple supplier GT Advanced recovers some of yesterday's losses
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14:00 EDTAAPLGT Advanced sapphire not used for iPhones because 'proved brittle,' WSJ says
Apple's (AAPL) decision to choose glass screens over GT Advanced's (GTAT) sapphire screens for the iPhone 6 was because of "tests in which the synthetic sapphire proved brittle, cracking when phones were dropped from various heights and angles," The Wall Street Journal reported last night, citing people familiar with the matter. Apple's decision to withhold GT Advanced's expected $139M payment was the tipping point for GT Advanced to declare bankruptcy, people familiar with the matter added. Reference Link
12:50 EDTSSNLFSamsung aiming for arbitration versus Microsoft, Bloomberg says
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10:29 EDTAAPLGT Advanced lists Apple, Airgas, GrafTech, Ultra Clean among top 30 creditors
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10:17 EDTSSNLF, AAPLSamsung outlook miss weighs on suppliers
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09:36 EDTAAPLActive equity options trading on open
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08:46 EDTAAPLFireEye announces targeted attack protection for Apple platform
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08:15 EDTAAPLApple leaks point to iPad Air 2 with Touch ID, gold color, Michael Report says
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06:24 EDTSSNLFSamsung executives concerned about earnings, chairman's health, WSJ reports
In addition to slumping earnings, the Wall Street Journal reports that Samsung executives are also concerned about the health of Chairman Lee Kun-hee, who has been hospitalized since May when he had a heart attack. According to sources, there are additionally increasing concerns within the company about a "major reshuffle" of executives later this year. Reference Link
06:14 EDTSSNLF, AAPLSamsung may find difficulty competing with TSMC for Apple chips, DigiTimes says
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06:11 EDTAAPLApple adjusts supply ratio for iPhone 6 and iPhone 6 Plus, DigiTimes reports
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06:09 EDTAAPLApple 12-inch tablet may integrate both Mac OS and iOS, DigiTimes reports
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06:06 EDTAAPLApple reinstated with a Buy at BofA/Merrill
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05:52 EDTSStocks with implied volatility movement; S HIMX
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