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Stock Market & Financial Investment News

News Breaks
May 12, 2014
06:33 EDTSSNLF, AAPLSamsung sets sights on drug industry after outselling Apple, Bloomberg says
Samsung (SSNLF) is setting its sights on the drug industry after the electronics company sold more smartphones than its rival Apple (AAPL), according to Bloomberg, citing comments from the Korea-based company's Bioepis unit CEO Christopher Hansung Ko. Samsung is investing nearly $2B in biopharmaceuticals. Reference Link
News For SSNLF;AAPL From The Last 14 Days
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July 14, 2014
07:24 EDTAAPLApple may not release 5.5-inch 'phablet' iPhone this year, Apple Insider reports
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07:24 EDTAAPLApple estimates raised above consensus at Morgan Stanley
Morgan Stanley's survey results suggests June quarter iPhone demand upside. The firm raised its iPhone unit estimate to 36M from 34M and increased its EPS estimate to $1.24 from $1.18, vs. consensus of $1.22 and 2015 EPS estimate to $2.33 from $2.25, 11% above consensus. The analyst added iWatch estimates into its model and sees unit sales in the 30M-60M range for the firm 12 months. Shares are rated Overweight with a $110 price target, up from $98.57.
06:54 EDTSSNLFSamsung ceases business with China supplier, Reuters says
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06:40 EDTAAPLApple responds to China broadcaster's privacy charges, China Daily says
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06:08 EDTAAPLABI Research: Over 24M cars to be fitted with Apple CarPlay, DigiTimes says
ABI Research said that over 24M cars will be fitted with Apple (AAPL) CarPlay in 2019, reports DigiTimes. ABI Reserch said that the uptake in MirrorLink will also be fairly significant, but predicts more cars will be fitted with CarPlay. It cites several car makers to have the capabilities, including Ford (F), BMW, Audi, Mercedes, Jaguar/Land Rover, Toyota (TM), Nissan (NSANY), and Volvo (VOLVY). Reference Link
05:44 EDTAAPLApple upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded its rating on Apple (AAPL) shares to Overweight citing its channel checks which indicate near-term upside to consensus estimates and strong new products into 2015. The firm also believes troubles at Samsung are creating an opportunity for Apple to regain market share. Barclays raised its price target for Apple shares to $110 from $95. The stock closed Friday at $95.22.
July 13, 2014
23:24 EDTAAPLApple assures China iPhone no security risk, Bloomberg says
Apple responded to statements made on China state media about the iPhone being a national security risk by explaining that location tracking functions of its software canít be used to identify activity of individuals in China, says Bloomberg. Reference Link
20:38 EDTAAPLChina state media says Apple iPhone security danger, Reuters reports
China's state media says Apple's iPhone is a threat to the country's national security because of the devices ability to track and time-stamp user locations, says Reuters. Reference Link
17:49 EDTAAPLOmniVision could see improvement after Apple, Barron's says
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July 12, 2014
18:33 EDTSSNLF, AAPLIntel looks to Chinese unbranded makers to boost tablet presence, WSJ says
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16:27 EDTAAPLApple wins live streaming case brought by Emblaze, Bloomberg says
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July 11, 2014
15:59 EDTAAPLOptions Update; July 11, 2014
iPath S&P 500 VIX Short-Term Futures down 33c to 28.25. Option volume leaders: AAPL C GILD X FB GOOG AMZN TWTR TSLA according to Track Data.
10:17 EDTAAPLFirm raises Apple price target on iPhone 6 optimism
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09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
09:14 EDTAAPLSanDisk has several positive catalysts, says Sterne Agee
Sterne Agee expects SanDisk (SNDK) to benefit from several developments, including a strengthening high margin retail market and new Apple (AAPL) products that will include embedded MCP and SSDs. The firm expects SanDisk to report solid June quarter results and guide to a stronger September quarter. It keeps a Buy rating.
08:49 EDTAAPLJune CIO survey indicates strong 2H, says Morgan Stanley
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08:25 EDTAAPLApple price target raised to $112 from $102 at Canaccord
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07:26 EDTAAPLApple, Coke on board with Obama 'SupplierPay' initiative, WSJ says
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07:04 EDTAAPLAnalyst Ming-Chi Kuo: iWatch to enter mass production in November, 9to5Mac says
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05:57 EDTSSNLFSamsung revamping app store for phones and tablets, Re/code reports
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