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Stock Market & Financial Investment News

News For SSNLF;AAPL;NOK;BBRY;QCOM From The Last 14 Days
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<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | all recent news | >>
September 26, 2014
09:03 EDTBBRYOn The Fly: Pre-market Movers
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08:56 EDTBBRYBlackBerry says 'a number of carriers' interested in offering BES12
BlackBerry CEO John Chen stated that the company plans to double software revenue in FY15. The company is not interested in selling intellectual property. A majority of software revenue came from device management. The company's CFO stated that the increase in North America revenue was due to device sales.
08:44 EDTQCOMQualcomm could have negative read through from Intel move, says Northland
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08:36 EDTBBRYBlackBerry CEO sees new features driving FY15 software business
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08:25 EDTBBRYBlackBerry reverses direction, trading down 3.7% after Q2 conference call
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08:25 EDTAAPLApple weakness on bending concerns a buying opportunity, says Cantor
After the release of an online video showing that Apple's iPhone 6 Plus can be bent with excessive force, Cantor says that both of Apple's new iPhones felt "very durable," and the firm is not concerned that every day use will cause the devices to bend. Cantor thinks the recent decline in Apple's stock creates an opportunity for investors to benefit from Apple's next super cycle. It keeps a $123 price target and Buy rating on Apple.
08:22 EDTBBRYBlackBerry CEO says hardware profit is improving
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07:15 EDTBBRYBlackBerry rises 4.6% after Q2 losses not as steep as expected
07:15 EDTBBRYBlackBerry reports 3.4M licenses issued for BES10
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07:13 EDTBBRYBlackBerry monthly active BBM users rise to 91M
BlackBerry reports 91M monthly active BBM users, up from 85M in the prior quarter.
07:05 EDTBBRYBlackBerry continues to target break-even cash flow results by end of FY15
BlackBerry continues to anticipate maintaining its strong cash position, while increasingly looking for opportunities to prudently invest in growth. The company continues to target break-even cash flow results by the end of fiscal 2015.
07:04 EDTBBRYBlackBerry sold approximately 2.4M smartphones in Q2
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07:01 EDTBBRYBlackBerry reports Q2 EPS (2c), consensus (16c)
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06:42 EDTAAPLReport: Apple may release 12.9-inch iPad Pro in 2Q15, PhoneArena says
Apple may release its 12.9-inch iPad pro for Q2 of 2015, reports PhoneArena, citing sources from Tech News Taiwan. The larger iPad may be released along with the 3rd generation iPad mini, and the iPad Air 2 will feature 2GB of RAM. The iPad Pro is also rumored to be using an upgraded A8X processor. Reference Link
06:39 EDTAAPLMost connected devices have security flaw, NY Times says
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06:39 EDTAAPLApple launches iOS 8.0.2 to amend iPhone 6 defects, Reuters says
Apple launched a new software update after some customers who recently purchased the iPhone 6 noted that they were experiencing call service interruptions and other issues due to a prior upgrade, according to Reuters, citing comments from company spokeswoman Trudy Muller. Muller noted that less than 40K iPhone 6 and iPhone 6 Plus phones were affected after downloading iOS 8.0.1, but iOS 8.0.2 amends the problems. Reference Link
06:37 EDTSSNLFReport: Samsung won't mass-produce Galaxy Note, Gizmodo says
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06:16 EDTAAPLBCN: Japan overwhelmingly choose iPhone 6 over 6 Plus, Patently Apple says
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September 25, 2014
17:06 EDTAAPLAlphaOne's Dan Niles sees Apple taking back share this year
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16:17 EDTAAPL, BBRYOn The Fly: Closing Wrap
Stocks on Wall Street were sharply lower and suffered their worst day in nearly two months, with market participants pointing to a number of reasons for the broad-based weakness. Shares of Apple (AAPL) were a drag on the market, and particularly on the Nasdaq, as the tech giant slid after a number of reports pointed to customer issues with its new iPhone 6 and an update to its mobile operating system. Cautious comments about rates by a noted Federal Reserve "hawk" may have also contributed, as well as reports that Russia may respond to U.S. and EU sanctions with a new law that will allow it to seize foreign property within the country. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 12K to 293K in the week ended September 20, though this was below the consensus forecast for 296K new claims. Durable goods orders fell 18.2% in August following a 22.5% surge in July. However, excluding transportation, orders were up 0.7%, which was a bit above the forecast for a 0.6% increase. Additionally, the head of the Dallas Federal Reserve, Richard Fisher, said that the central bank may start raising rates in the spring of 2015, which is earlier than most market watchers expect. Also, a Reuters report that Russia has drafted a law that would allow it to seize foreign assets on Russian territory to compensate those impacted by sanctions or who have had their own property seized outside of Russia garnered significant attention. COMPANY NEWS: Apple declined $3.88, or 3.81%, to $97.87 after reports yesterday from various tech blogs said the company pulled a new update of iOS 8 after complaints that the new software was crashing cellular service and Touch ID on users' phones. Other reports indicate the new iPhone 6 is reportedly bending in some owners' pockets, though the company told CNBC's John Fortt that it has only received nine customer complaints regarding bent phones. Also, Barron's reported that Apple insiders, including CEO Tim Cook, have sold over 1.4M shares of Apple stock this month. MAJOR MOVERS: Among the notable gainers was Swift Transport (SWFT), which gained $1.83, or 9.56%, to $20.98 after the company backed its Q3 earnings outlook and said it was "cautiously optimistic" about the trends it has seen as a result of its strategic decision regarding driver compensation. Also higher was IGI Laboratories (IG), which rose $1.36, or 18.26%, to $8.81 after the company acquired the regulatory rights and related documents and records for 18 drug products from AstraZeneca (AZN). Among the noteworthy losers was BlackBerry (BBRY), which fell 71c, or 6.76%, to $9.80 the day before it reports on its quarterly results. Ahead of tomorrow morning's report, BGC Financial analyst Colin Gillis downgraded shares of the smartphone maker to Hold from Buy, saying the company's results "may prove underwhelming." Also lower were shares of adhesives maker H.B. Fuller (FUL), which fell $6.30, or 14.32%, to $37.68 after the company's third quarter results and fourth quarter profit outlook missed analysts' consensus estimates. INDEXES: The Dow plunged 264.26, or 1.54%, to 16,945.80, the Nasdaq dropped 88.47, or 1.94%, to 4,466.75, and the S&P 500 declined 32.31, or 1.62%, to 1,965.99.
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