New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 26, 2014
12:12 EDTSPLK, CSCO, AMZN, PANWSplunk climbs after analyst says shares look poised to rebound
Shares of Splunk (SPLK), which creates data mining tools, are advancing slightly in a down market after research firm Wedbush wrote in a note to investors earlier today that the stock is well-positioned to advance. WHAT'S NEW: Splunk's stock has tumbled 27% this year, while its high-growth software peers covered by Wedbush have been flat on average in 2014, analyst Steve Koenig wrote. After speaking with a number of Splunk's resellers and customers, the analyst believes that its products are becoming more popular. Moreover, Splunk's products appear to be several years ahead of its competitors, Koenig stated. Additionally, partnerships that the company has signed with a number of tech firms - including Cisco (CSCO), Amazon (AMZN), and Palo Alto (PANW) - will make it harder for competitors to put a dent in its market share, the analyst believes. With Splunk increasing the size of its sales force, the company's revenue growth could exceed expectations by as much as ten percentage points in the second half of fiscal 2015, Koenig stated. He kept a $67 price target and Outperform rating on the shares.PRICE ACTION: In early afternoon trading, the shares climbed 1% to $53.82. Splunk's stock is up 17% in the last month.
News For SPLK;CSCO;AMZN;PANW From The Last 14 Days
Check below for free stories on SPLK;CSCO;AMZN;PANW the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
August 13, 2014
07:22 EDTCSCOGoldman pushes Cisco head to step-up software, Bloomberg says
Subscribe for More Information
06:31 EDTAMZNAmazon.com coverage resumed with a Hold at Stifel
Subscribe for More Information
06:23 EDTAMZNAmazon.com could sell 1M-2M phones in first year, says Piper Jaffray
Piper Jaffray estimates Amazon.com could sell 1M-2M Fire phones in the first twelve months, adding the product will not have an impact on the company's financials. After testing the phone, Piper says the Fire is a "quality phone but lacks uniqueness or price needed to attract measurable market share." It expects the phone to quickly improve and keeps an Overweight rating on the stock.
06:08 EDTAMZNChannelAdvisor reports Amazon July SSS up 40.4%, eBay up 9.7%
Subscribe for More Information
05:32 EDTAMZNAmazon.com announces credit card reader Amazon Local Register
Amazon.com announced Amazon Local Register, what it calls a "secure card reader and mobile app that provides local businesses with the tools they need to quickly and easily accept credit and debit cards from a smartphone or tablet and keep track of their growing business." It added that customers who sign up for Amazon Local Register before October 31 will also receive a promotional rate of 1.75% per card swipe on all major credit and debit cards until January 1, 2016.
August 12, 2014
16:26 EDTPANWPalo Alto initiated with an Overweight at Piper Jaffray
Subscribe for More Information
15:03 EDTCSCOArista Networks faces rougher road ahead, WSJ says
Arista Networks (ANET) shares have been strong since the company's IPO and its growth prospects make a "good case for a decent premium," but the current valuation gap compared to its peers "seems wide", according to The Wall Street Journal's "Heard on the Street" column, which noted that Cisco (CSCO) has the resources and incentive to push back against Arista's attempts to take share in network switches. Reference Link
13:04 EDTCSCOCisco technical comments before earnings
In the last three months the stock has outperformed the broader averages, rising by nearly 9%. The trend in that time has been up, but with the bulk of gains having been realized near the start of the period. There was one larger bump up in price that was corrected, but that high at $26.08 now becomes an objective for bulls to take out on the upside on good news. The reason for this is that the $26 to $26.50 area forms a big double top when viewed on a 2-year daily chart. The bulls need to break this area of resistance for the stock to become long-term bullish. If they can manage that, next resistance above $26.50 would be at $27.74. If the news disappoints, that potentially bearish double top pattern could asset itself. The $23.50 area on a break lower would be the first test. The middle of the "M" pattern would be at $21.27.
12:49 EDTCSCOCisco August 25 straddle priced for 4.7% move into Q4
Subscribe for More Information
07:42 EDTCSCOCisco August volatility increases into Q4 and outlook
Subscribe for More Information
06:06 EDTCSCOCisco planning to fire 300 employees in Israel, Globes reports
As part of a worldwide streamlining effort, Cisco is planning to fire 300 employees in Israel, Globes reports. Reference Link
05:58 EDTAMZNAmazon's Disney dispute about more than pricing, WSJ reports
Amazon's (AMZN) dispute with Disney (DIS) is about more than pricing, according to the Wall Street Journal, and concerns promotion and product placement on Amazon's website. Additionally, the dispute encompasses questions over "who makes up the difference when Amazon loses money to match the prices of competitors," a source says. Reference Link
August 11, 2014
16:00 EDTAMZNOptions Update; August 11, 2014
iPath S&P 500 VIX Short-Term Futures down 1.33 to 31.90. Option volume leaders: AAPL KMI MNKD PBR AMZN SCTY TWTR TSLA according to Track Data.
09:36 EDTAMZNActive equity options trading on open
Subscribe for More Information
05:55 EDTCSCOCisco expected to report solid Q4 results at Wells Fargo
Subscribe for More Information
August 10, 2014
15:44 EDTAMZNAmazon urges customers to express opinions on e-book prices with Hachette
Subscribe for More Information
15:21 EDTAMZNAmazon stops preorders of some Disney movie titles, WSJ says
Subscribe for More Information
August 8, 2014
12:53 EDTPANWProofpoint jumps after analyst starts with Outperform rating
Subscribe for More Information
08:31 EDTCSCOMorgan Stanley expects Cisco to report good results, conservative outlook
Morgan Stanley expects Cisco to report results of 54c/$12.26B vs. consensus of 53c/$12.14B and said checks indicate the enterprise market is improving. The firm expects Cisco's outlook to be conservative and said concerns over rapid software-defined networking adoption and margin impact are overblown. Shares are Overweight rated with a $30 price target.
07:10 EDTAMZNAmazon executive defends $2B investment in India, WSJ says
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use