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Stock Market & Financial Investment News

News Breaks
July 30, 2014
08:51 EDTS, WMTSprint to launch Virgin Mobile Custom at Wal-Mart on August 9
Sprint (S) subsidiary Virgin Mobile USA introduced Virgin Mobile Custom, a no-annual-contract offer with unique parental controls and the ability for customers to build personally tailored rate plans. Virgin Mobile Custom will be available exclusively to Walmart (WMT) customers at select stores beginning Saturday, Aug. 9. Under the offer, customers will purchase a designated Custom phone and activate that device on the Base plan, which comes with 20 texts and 20 voice minutes, or the Unlimited plan for $35 with unlimited talk and text, with the ability to activate up to five lines for as low as $6.98 per line per month.
News For S;WMT From The Last 14 Days
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September 12, 2014
10:09 EDTSApple, carriers seeing very strong demand for new iPhone models, Re/code reports
Demand for Apple's (AAPL) iPhone 6 and iPhone 6 Plus is greater than that seen in either of the past two years, a spokesperson for AT&T (T) tells Re/code. Re/code notes that Apple and the major carriers, including Verizon (VZ) and T-Mobile (TMUS), appear to have sold through their pre-order supplies of the iPhone 6 Plus. Reference Link
10:00 EDTSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Cedar Realty Trust (CDR) upgraded to Buy from Hold at KeyBanc... E.ON AG (EONGY) upgraded to Overweight from Neutral at JPMorgan... Genuine Parts (GPC) upgraded to Buy from Hold at BB&T... Inland Real Estate (IRC) upgraded at KeyBanc... Littelfuse (LFUS) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Equal Weight from Underweight at Barclays... Noranda Aluminum (NOR) upgraded to Buy from Neutral at Goldman... OCI Partners (OCIP) upgraded to Buy from Neutral at Citigroup... Ramco-Gershenson (RPT) upgraded at KeyBanc... Sprint (S) upgraded to Outperform from Market Perform at Cowen... T-Mobile (TMUS) upgraded to Buy from Hold at Argus... The Advisory Board (ABCO) upgraded to Outperform at Wells Fargo.
09:14 EDTSOn The Fly: Pre-market Movers
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07:34 EDTSSprint upgraded to Outperform from Market Perform at Cowen
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06:37 EDTSSprint CEO says looking for partnerships to broaden scale, Reuters says
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05:51 EDTWMTStocks with implied volatility movement; XHB WMT
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05:12 EDTSSprint to offer iPhone 6, iPhone 6 Plus
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September 11, 2014
12:52 EDTWMTWal-Mart to sell iPhones below suggested prices, Cnet reports
Wal-Mart will begin taking preorders for Apple's (AAPL) iPhone 6 and iPhone 6 Plus for $179 and $29 respectivelytomorrow, and customers who pre-order the iPhnoes will also receive a $15 e-gift card from Wal-Mart, Cnet reported last night. Apple had said it was selling the iPhones for $199 and $299. Reference Link
12:44 EDTST-Mobile deal not being worked on by Sprint, dealReporter says
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11:17 EDTSSprint CEO says the company is open to M&A talks
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10:55 EDTSSprint CEO: We are disciplined in short term on cost reduction
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07:13 EDTWMTSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 10, 2014
07:13 EDTSFCC chairman remains 'skeptical' of large wireless deals, Reuters says
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September 9, 2014
19:53 EDTSSprint to benefit from iPhone 6 announcement, says Wells Fargo
Wells Fargo analyst Jennifer Fritzsche believes that Apple's (AAPL) iPhone 6 supporting up to 20 LTE bands is a "needle mover" for Sprint (S) that will "offer a significant competitive advantage longer term" as it will significantly expand Sprint's usable LTE spectrum for its iPhone customers. The firm maintains its Outperform rating on shares of Sprint.
19:49 EDTSSprint unveils 'iPhone for life plan' promotion
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14:51 EDTSApple announces iPhone 6, 6 Plus with Retina HD, Apple Pay
Apple announced iPhone 6 and iPhone 6 Plus, featuring two new models with 4.7-inch and 5.5-inch Retina HD displays. The new iPhones feature a unibody enclosure of anodized aluminum that conforms with the shaped glass of the display. iPhone 6 and iPhone 6 Plus include the Apple-designed A8 chip with second generation 64-bit desktop-class architecture for fast performance and power efficiency. Both models include the M8 motion coprocessor that gathers motion data from the accelerometer, gyroscope, compass and the new barometer. iPhone 6 and iPhone 6 Plus introduce Apple Pay, a new way to securely pay for physical goods and services in stores or apps. Users can pay securely in stores by holding the phone near the contactless reader while keeping a finger on Touch ID. The iSight camera gets better with a new sensor featuring Focus Pixels for faster autofocus and iPhone 6 Plus users will also benefit from optical image stabilization technology that compensates for hand shake in low light and works with iOS 8 to reduce subject motion. With faster LTE download speeds of up to 150 Mbps, iPhone 6 and iPhone 6 Plus users can browse, download and stream content faster. The new iPhones also support voice calls over LTE, or VoLTE, as well as Wi-Fi calling. iPhone 6 comes in gold, silver or space gray, and will be available in the U.S. for a suggested retail price of $199 for the 16GB model, $299 for the 64GB model and 128GB model for $399 with a two-year contract. iPhone 6 Plus comes in gold, silver or space gray, and will be available in the US for a suggested retail price of $299 for the 16GB model, $399 for the 64GB model and $499 for the new 128GB model with a two-year contract. Both models will be available from the Apple Online Store, Apple’s retail stores, and through AT&T (T), Sprint (S), T-Mobile (TMUS), Verizon Wireless (VZ), additional carriers and select Apple Authorized Resellers. iPhone 6 and iPhone 6 Plus will be available in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK beginning on Friday, September 19, and customers can pre-order both models beginning on Friday, September 12.
07:29 EDTSUBM Canon to hold a summit
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07:11 EDTSUBM Tech to hold a conference
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05:16 EDTSSprint announces improved phone-trade in program, price match guarantee
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September 8, 2014
12:57 EDTSSprint management to meet with Jefferies
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