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Stock Market & Financial Investment News

News Breaks
April 16, 2014
06:18 EDTSSNLF, EBAYHackers could reportedly bypass Samsung's Galaxy S5 fingerprint sensor, WSJ says
According to researchers, hackers could reportedly bypass the fingerprint sensor on the Samsung (SSNLF) Galaxy S5 that can leave a user's phone and the PayPal (EBAY) money app vulnerable to hackers, the Wall Street Journal reports. PayPal's head of ecosystem security, Brett McDowell, says the hack is real, but "It's not something most people should worry about." Reference Link
News For SSNLF;EBAY From The Last 14 Days
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August 25, 2014
07:46 EDTSSNLFSamsung acquisitions underscore smart home ambitions, FT says
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August 22, 2014
16:42 EDTEBAYMarket finishes week higher on economic data, earnings
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06:14 EDTSSNLFSamsung resumes supply of mobile RAM for next-generation iPhone, DigiTimes says
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05:31 EDTEBAYStocks with implied volatility movement; EBAY TER
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05:07 EDTSSNLFParkerVision names Samsung as additional defendant in patent infringement suit
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August 21, 2014
17:00 EDTEBAYOn The Fly: Closing Wrap
Stocks began the session in lackluster fashion as the averages opened just above yesterday’s close. There was little early reaction to the morning’s economic reports including the jobless claims data, Philadelphia Fed report, leading economic indicators, and natural gas storage change report. But by mid-day, the Dow had asserted itself as the day’s leader while the Nasdaq struggled to stain positive territory. As the afternoon progressed the Dow continued its advance, the Nasdaq hit 14-year highs, and the S&P also touched a new all-time high. ECONOMIC EVENTS: Jobless Claims data continues to trend lower, with the week of August 16 coming in at 298K vs. a consensus of 300K... The PMI Manufacturing Index Flash was strong at 58.0 for August, up 1.7 points from the July flash of 56.3. COMPANY NEWS: eBay (EBAY) rose almost 5% after a report said that a PayPal spin-off was under consideration... Hormel (HRL) gained almost 5% and hit a 52-week high after reporting better than expected earnings before the market opened... Sears Holding (SHLD) fell over 7% after reporting Q2 earnings this morning that missed on the top and bottom lines. INDEXES: The Dow closed up 60.36, or 0.36%, to 17,039.49, the Nasdaq closed up 5.62, or 0.12%, to 4,532.10, and the S&P 500 closed up 5.86, or 0.29%%, to 1,992.37.
13:22 EDTEBAYeBay has not denied PayPal story, The Information says
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12:44 EDTEBAYeBay says stance on PayPal hasn't changed, Reuters reports
eBay says it's stance on PayPal spinoff hasn't changed, Reuters reporter Deepa Seetharaman tweeted. "The board will continue to assess all alternatives" to create long term value, Seetharaman attributed eBay as saying.
11:59 EDTEBAYeBay rises sharply, levels to watch
Shares spiked on a report that the company may consider spinning-off PayPal. At the current price of $56.26, resistance is at $57.05, the session high. Support is at $55.70.
10:34 EDTEBAYeBay jumps after report says PayPal spin-off under consideration
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10:14 EDTEBAYeBay jumps 2% to $54.55 after The Information report on PayPal spin
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10:14 EDTEBAYeBay saying PayPal spin-off may come next year, The Information reports
eBay has been telling PayPal CEO candidates that it is considering spinning off the payments business as soon as next year, The Information reports, citing two people briefed on the conversations. Reference Link
06:58 EDTSSNLFLarge-size panel demand increases in Q2 with LG Display in lead, DigiTimes says
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06:12 EDTSSNLFDRAM prices making downward correction with oversupply concerns, DigiTimes says
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August 20, 2014
09:32 EDTSSNLFSamsung, Barnes & Noble announce new Samsung Galaxy Tab 4 NOOK
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06:11 EDTEBAYeBay volatility at record low
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August 19, 2014
16:00 EDTEBAYOptions Update; August 19, 2014eBay
iPath S&P 500 VIX Short-Term Futures down 28c to 27.52. Option volume leaders: AAPL C HD PBR GILD AA NFLX TWTR TSLA EBAY according to Track Data.
15:48 EDTSSNLFCNET to hold a live blog
CNET holds a live blog of the unveiling of Samsung and Barnes & Noble's Nook tablet in New York on August 20 at 9:30 am. Webcast Link
13:04 EDTEBAYPayPal taking up Braintree’s Venmo Touch technology, GigaOM says
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06:22 EDTSSNLFSamsung acquires Quietside to boost 'smart home' business, Reuters says
Samsung announced that it purchased air conditioner firm Quietside in an effort to boost its "smart home" division, according to Reuters, citing a statement from the company. Samsung said, "Because air conditioning products are a necessity in all buildings, including homes and offices, this acquisition is expected to be of help to our future smart home business." Reference Link
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