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Stock Market & Financial Investment News

News For SSNLF;GOOG;SNE;AAPL From The Last 14 Days
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May 24, 2013
06:21 EDTGOOGAU Optronics to supply panels for next-generation Nexus 7, DigiTimes says
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06:16 EDTSNESony Mobile to extend cooperation with ODM firms, DigiTimes says
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06:10 EDTGOOG, AAPLOn the Fly: Periodicals Wrap-Up
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06:05 EDTAAPLFDA targets IPhone urinalysis app, Bloomberg reports
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May 23, 2013
20:04 EDTGOOGGoogle considering acquisition of Waze, Bloomberg reports
Waze is said to have fielded expressions of interest from several parties, which could create a possible bidding war, according to Bloomberg.
19:50 EDTAAPLApple faces potential setback in e-books case, WSJ reports
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17:54 EDTGOOGGoogle loses bid to block imports of Xbox One, Bloomberg says
The ITC ruled that Microsoft's (MSFT) new Xbox One does not infringe patents held by Google's (GOOG) Motorola Mobility unit, preventing Google from getting imports of Xbox One to the U.S. blocked, reports Bloomberg. Reference Link
17:11 EDTGOOGGoogle loses bid to block U.S. imports of Microsoft's Xbox, Bloomberg reports
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17:11 EDTGOOGGoogle facing new antitrust probe from FTC, Bloomberg says
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16:01 EDTGOOGVIX methodology for Google up 5% to 22.88, will face antitrust probe
16:00 EDTAAPL, GOOGOptions Update; May 23, 2013
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15:58 EDTGOOGGoogle facing new FTC probe over display ad practices, Bloomberg says
12:52 EDTGOOGGoogle cuts data storage prices
Google earlier today announced that it was reducing its Google App Engine data storage prices by up to 25%. Reference Link
11:38 EDTSNEGameStop sees being able to leverage buy/sell/trade model with new consoles
GameStop (GME) says in communication with Microsoft (MSFT) about how used games and resale will be handled in respect to upcoming Xbox One.
11:22 EDTSNEGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTSNEGameStop says 'right in the middle' of opportunity presented by new consoles
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10:10 EDTSSNLF, GOOGGoogle Glass reportedly to use Samsung OLED displays, SlashGear says
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09:59 EDTAAPLAnalyst: Apple won't launch computerized watch until late 2014, BGR says
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09:37 EDTAAPL, GOOGActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ
09:25 EDTSSNLF, AAPLSamsung's Galaxy S4 reaches 10M channel sales
Samsung Electronics announced that global channel sales of its GALAXY S4 has surpassed 10M units sold in less than one month after its commercial debut. Launched globally on April 27 in 60 countries, the phone is estimated to be selling at a rate of four units per second.
08:10 EDTGOOGGoogle's Schmidt defends taxes in U.K., FT reports
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07:11 EDTAAPLEU's Barnier wants big companies to disclose national tax bills, Reuters reports
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06:08 EDTAAPLOn the Fly: Periodicals Wrap-Up
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06:04 EDTAAPL, SNEApple hoping to launch music service at June conference, NY Post reports
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05:45 EDTGOOG, AAPLBig companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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May 22, 2013
16:00 EDTGOOGOptions Update; May 22, 2013
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14:27 EDTSNE, GOOGcomScore says Google Sites lead April U.S. online video rankings
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14:06 EDTGOOGGoogle’s X Phone confirmed for Sprint, BGR says
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13:43 EDTSSNLFSamsung takes stake in Pantech, AllThings D says
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12:07 EDTSSNLF, AAPLConsumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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09:42 EDTAAPLApple rises in early trading, levels to watch
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09:39 EDTGOOG, AAPLActive equity option families trading
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07:15 EDTSNESony will take partial entertainment unit spinoff proposal to board, WSJ says
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07:10 EDTAAPLApple bonds lose $280.6M as rates increase, Bloomberg reports
Apple’s bonds have lost $280.6M of market value since buyers bought $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, reports Bloomberg.Reference Link
07:10 EDTSSNLF, SNESamsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
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07:09 EDTAAPLApple used unusual tax loophole in Ireland to shelter billions, Reuters reports
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06:23 EDTSSNLFSamsung to launch complete line up of notebooks in 2H13, DigiTimes says
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06:02 EDTAAPL, SNE, SSNLFOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
05:56 EDTSNEStocks with implied volatility movement; SNE JRCC
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05:54 EDTSNESony targets FY14 sales of 8.5T yen, operating income margin over 5%
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May 21, 2013
19:39 EDTGOOGGoogle tax behavior to be criticized by U.K. party leader, Reuters says
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16:26 EDTSNEOn The Fly: Closing Wrap
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16:04 EDTAAPLOptions Update; May 21, 2013
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14:18 EDTSNEElectronic Arts announced EA Sports Ignite for Xbox One
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13:16 EDTSNESony 'leaning toward' spin-off of entertainment unit, Nikkei says
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13:13 EDTSNESony weighing spin-off of entertainment unit, Nikkei says
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10:42 EDTGOOGGoogle tests support at $900, levels to watch
The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87.
09:42 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
09:34 EDTAAPLApple trades lower, levels to watch
The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46.
08:12 EDTAAPLSenate Homeland Security and Governmental Affairs Committee to hold a hearing
The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link
07:50 EDTAAPLIreland rejects allegations that it's a tax haven, FT reports
Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link
07:05 EDTAAPLSenate report says Apple avoided paying taxes on $44B of income, Politico says
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06:07 EDTSNESony initiated with a Buy at Jefferies
Jefferies is positive on Sony's positions in insurance and content and believes the company needs to exit most electronic markets. The firm started shares with a Buy rating.
May 20, 2013
17:12 EDTAAPLApple has avoided paying taxes on operations for five years, U.S. Senate says
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17:11 EDTAAPLApple Operations International has no physical presence, says Senator Levin
Apple Operations International has no physical presence and no employees, according to Senator Levin. Two of three directors are Apple employees, based in the U.S., the Senator added.
16:02 EDTGOOG, AAPLOptions Update; May 20, 2013
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15:19 EDTAAPLApple sees paying over $7B in taxes to U.S. in current fiscal year
Apple released testimony the company plans to give before the permanent subcommittee on investigations of the U.S. Senate tomorrow. In part, the company plans to state it expects to pay over $7B in taxes to the U.S. Treasury in its current fiscal year. Apple also contends it is "likely the largest corporate income tax payer in the US, having paid nearly $6B in taxes" to the U.S. in FY12. Reference Link
12:04 EDTAAPLApple rumored to be testing OLED for iWatch, AppleInsider says
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09:40 EDTAAPL, GOOGActive equity option families trading
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07:53 EDTGOOGGoogle ex-employee claims evidence of U.K. tax evasion, FT says
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07:32 EDTSNESociety for Information Display / IHS to host a conference
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06:27 EDTAAPLApple MacBook orders to rise 20% sequentially in Q2, DigiTimes says
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06:23 EDTAAPLApple next-generation iPad trial production to begin soon, Digitimes says
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May 19, 2013
14:49 EDTSNEMicrosoft set to unveil new Xbox amid stiff competition, Reuters says
Facing stiff competition from Sony's (SNE) PlayStation 4 and the Wii U by Nintendo (NTDOY), Microsoft (MSFT) is set to unveil its new Xbox game console, says Reuters. Reference Link
May 17, 2013
16:00 EDTAAPL, GOOGOptions Update; May 17, 2013
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14:03 EDTGOOGMarket set to finish week with gains after Cisco results, comments
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13:23 EDTSNESony to host conference call
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12:13 EDTSSNLF, AAPLSamsung says S4 sales to reach 10M next week, Korea Times says
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12:01 EDTAAPLiPad mini panel shipments from AUO expected to drop this quarter, DigiTimes says
AU Optronics' (AUO) shipments of panels for Apple's (AAPL) iPad minis are expected to sink to 2.5M-2.8M in Q2 from 4M in the first quarter, Taiwan-based supply chain sources stated, according to DigiTimes. Reference Link
11:05 EDTAAPLApple devices approves for use on U.S. military networks, Bloomberg says
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09:57 EDTAAPLApple devices approved for use by Pentagon, Bloomberg reports
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09:38 EDTGOOGGoogle rises following price target bump, levels to watch
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09:37 EDTGOOG, AAPLActive equity option families trading on open
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08:53 EDTGOOGGoogle price target raised to $1,065 from $875 at Argus
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07:11 EDTAAPLApple to suggest tax reform for offshore cash, Bloomberg reports
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07:10 EDTGOOGU.K. to question Amazon over income tax, Reuters reports
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06:43 EDTAAPLApple disputing government's e-book allegations, NY Times says
Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link
06:36 EDTGOOGGoogle to add new apps to Google Glass, NY Times says
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06:12 EDTAAPL, SSNLFApple losing its edge as innovator, poll shows, Bloomberg reports
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06:07 EDTSSNLFMobile DRAM revenue fell 5% in Q1, DigiTimes reports
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06:06 EDTAAPLOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.
May 16, 2013
18:42 EDTGOOGGoogle sent letter by Congress over Glass privacy issues, WSJ reports
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14:01 EDTGOOG, AAPLOptions Update; May 16, 2013
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13:05 EDTAAPL, SNE, GOOGSpending on Apple, Android video games jumped in Q1, AllThingsD says
In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link
11:22 EDTSSNLFSamsung captures 95% of global Android profit in Q1, Strategy Analytics says
Samsung captured 95% of all Q1 global Android smartphone profits, which reached $5B, according to Strategy Analytics. LG followed in second place and took 3% global Android profit share, added the report. Reference Link
10:25 EDTGOOG, SSNLFMicrosoft discussing 'glasses' tech with Vuzix, NY Post says
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10:20 EDTAAPLApple reverses sharply higher after breaking below $420
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10:03 EDTAAPLOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
09:44 EDTAAPLApple falls in early trading, levels to watch
The shares are down over 1.6% to $420.77. At that price, next support is at $419.85. Resistance is at $424.85. Among issues that could be contributing to the price decline are continued cutting of postions by hedge funds long the stock, a news item that Apple and its supplier Foxconn are violating work-hour laws in China, and a U.S. Senate inquiry into its treatment of taxes and non-patriated foreign profits.
09:36 EDTGOOG, AAPLActive equity option families trading on open
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08:36 EDTAAPLApple says over 50B apps downloaded from App Store
Apple announced that customers have downloaded over 50B apps from its App Store. Customers are downloading more than 800 apps per second at a rate of over two billion apps per month on the App Store, the company added.
07:40 EDTAAPLFoxconn and Apple exceeding work-hour laws in China, WSJ reports
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07:36 EDTGOOGGoogle price target raised to $1,025 from $830 at RW Baird
RW Baird raised its price target for Google shares to $1,025 following the company's I/O conference and keeps an Outperform rating on the name. Baird thinks Chrome continues to gain momentum and that yesterday's event highlighted Google's technology advantages. Shares of Google closed yesterday up $28.79 to $915.89, and are indicated up another $5.66 in pre-market trading.
07:10 EDTGOOGGoogle to help with supercomputing project, WSJ reports
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07:02 EDTGOOGYouTube demands that Microsoft pull YouTube app, The Verge reports
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06:47 EDTAAPLApple initiated with a Neutral at Susquehanna
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06:21 EDTSSNLFMicrosoft to launch 8-inch Surface in June, Digitimes says
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06:08 EDTGOOGOn the Fly: Periodicals Wrap-Up
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05:59 EDTGOOGHigh tech firms involved in immigration battle, WSJ reports
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May 15, 2013
17:09 EDTGOOG, AAPLGreenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).
17:03 EDTGOOG, AAPLSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
16:24 EDTGOOGOn The Fly: Closing Wrap
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16:08 EDTGOOGGoogle sites lead U.S. April searches with 66.5% of searches, comScore says
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16:02 EDTGOOG, AAPLOptions Update; May 15, 2013
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15:55 EDTAAPLApple slide attributed to 13F filings, bearish '$240 per share' call, BI says
With Apple's stock down sharply over the last two days, analysts and media sources searching for a reason have pointed to 13F filings that show hedge funds have been trimming or liquidating their positions, as well as a publicized call from an Apple bear who said the stock is only worth $240 per share based on its Return On Invested Capital, said Business Insider. Reference Link
15:12 EDTSNESony volatility up on Daniel Loeb’s attempt to split up company
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14:27 EDTGOOGGoogle unveils redesigned Maps for mobile
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13:20 EDTAAPLApple's slide picks up momentum, levels to watch
The shares have been on a very steady downward track today, last at $426.45. That is a loss of over 3.9%. At current price, next support would be at $420.05. Resistance is at $428.43.
13:01 EDTGOOGGoogle says Chrome browser now has over 750M users
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12:59 EDTSSNLF, GOOGGoogle confirms plan to sell Samsung Galaxy S4 in Google Play store
Says GS4 will be available on AT&T (T) and T-Mobile (TMUS) networks.
12:53 EDTGOOGGoogle says All Access music service available for $9.99 per month
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12:49 EDTGOOGGoogle announces subscription streaming music service
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12:26 EDTGOOGGoogle announces Google Play Game Services
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12:13 EDTGOOGGoogle says 900M Android devices now activated worldwide
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11:37 EDTAAPLMicrosoft replacing Xbox points with gift cards, currency, The Verge reports
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10:02 EDTGOOGGoogle breaks out above round-number resistance at $900
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10:01 EDTGOOGGoogle volatility decreases as shares rally to record into Google I/O
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09:55 EDTAAPLApple slides further, levels to watch
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09:55 EDTAAPLTiger Management liquidates stake in Apple
Julian Robertson's Tiger Management disclosed today in its quarterly filing that it held no position in Apple. The hedge fund reported owning 42K shares of Apple as of December 31, 2012.
09:43 EDTGOOGActive equity option families trading on open
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09:32 EDTAAPL, SSNLFInvenSense has multiple positive catalysts, says Pacific Crest
Pacific Crest thinks that InvenSense (INVN) remains extremely well positioned to penetrate Apple (AAPL) this year. The firm expects InvenSense to recover market share on Samsung's (SSNLF) Galaxy Note 3, and it recommends buying InvenSense shares.
09:31 EDTSSNLFRDA Microelectronics switch selected by Samsung for 2G, 3G smartphones
RDA Microelectronics (RDA) announced that Samsung (SSNLF) has selected the RDASW36 switch for two Samsung models, the 2G Samsung Galaxy Star smartphone and the 3G Samsung Galaxy Pocket Neo smartphone. Both smartphones are expected to be released in Q2 and will be sold in Europe and emerging markets, such as South America. Developed on Silicon-On-Insulator CMOS process technology, RDA's single pole three throw switch combines high power with low insertion loss on a small form factor, making it ideally suited for WiFi and Bluetooth applications in 2G and 3G handsets.
09:25 EDTAAPLApple unlikely to launch low cost iPhone, says Pacific Crest
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09:19 EDTGOOGOn The Fly: Pre-market Movers
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08:56 EDTAAPLApple fingerprint sensor seems confirmed by PayPal exec, BGR says
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08:33 EDTGOOG, SSNLFGoogle to announce "pure" Android version of Galaxy S4, Geek.com says
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08:19 EDTSSNLF, GOOG, AAPLSamsung shipped 6M Galaxy S4 devices through May 10, androidcentral says
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08:08 EDTAAPLPC sales decline in Western Europe, Economic Times reports
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07:39 EDTGOOGGoogle to host a conference
Google I/O 2013 is being held in San Francisco on May 15-17.
07:26 EDTGOOGGoogle price target raised to $996 from $932 at Morgan Stanley
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07:21 EDTGOOGPandora down 4% to $16.10 after reports of Google music service
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07:11 EDTSNEJapan's electronic manufacturers under siege, WSJ reports
After a miserable past few years, Japan's once-powerful electronics manufacturers (SNE, SHCAY), already reeling from unprecedented losses stemming from its lost standing in the technology world, are grappling with outside investors and fed-up creditors looking to break the cozy and insular bonds that were once a hallmark of the country's corporate sector, reports the Wall Street Journal.Reference Link
06:52 EDTGOOGGoogle won't connect YouTube, Google Play music offerings, AllThingsD says
Google is expected to launch music subscription services on both YouTube and Google Play, but won't connect the two services, unnamed music industry sources stated, according to AllThingsD.As a result, YouTube's free music won't help sell subscriptions to Google Play's service, the website stated. Reference Link
06:42 EDTAAPLU.S. says Apple was "ringmaster" in e-book price fixing scheme, NY Times says
The Justice Department is alleging that Apple (AAPL) was "the ringmaster" in an e-book price fixing scheme, according to The New York Times, citing a lawsuit filed by the agency. One piece of evidence the agency is using to try to prove that charge is an e-mail from former Apple CEO Steve Jobs to News Corp's (NWSA) James Murdoch, in which Jobs allegedly suggested that the two companies set specific prices for e-books, the newspaper added. Reference Link U
06:08 EDTSNEOn the Fly: Periodicals Wrap-Up
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05:56 EDTSNEStocks with implied volatility movement; SNE DDD
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May 14, 2013
18:50 EDTSNESony options action elevated ahead of Loeb stake, Reuters says
A report from Reuters says that volume in Sony options on Monday, ahead of Tuesday's disclosure by Dan Loeb of a 6.5% stake in the company, traded at more than seven times the average daily volume for the last three months. The report says nearly 10,000 June $19 calls were bought on Monday for 87c on average, calls that were worth $2.20 during today's session. Reference Link
18:39 EDTGOOGGoogle to launch Spotify-like music service, WSJ reports
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17:50 EDTGOOGGoogle to launch Spotify-style streaming music service, DJ reports
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16:23 EDTSNEOn The Fly: Closing Wrap
Stocks on Wall Street were higher on a Tuesday again, keeping the strange "Tuesday in 2013" streak alive. Some positive domestic economic data and bullish commentary from Appaloosa Management's David Tepper set the tone early and the averages traded with an upward bias for almost the entire trading day. Today's advance means that every Tuesday this year has seen the market log gains, and investors will have to wait another week to see if the pattern continues. ECONOMIC EVENTS: The NFIB small business optimism index for April rose to 92.1, versus expectations for it to climb to 90.3 from its prior 89.5 reading. Import prices were reported to have declined 0.5% in April, which was in-line with expectations. Export prices declined 0.7%, versus a forecast for a 0.1% drop in the month. COMPANY NEWS: Dell (DELL) shares lost 6c, or 0.44%, to $13.46 after Dow Jones said the company will report first quarter non-GAAP earnings of 20c per share, 15c below current consensus estimates. That followed an earlier report from CNBC's David Faber, who also said the company will report earnings that miss expectations and accurately called that Dell has moved its report to Thursday, which is earlier than had been expected... Sony (SNE) shares added $1.87, or 9.9%, but closed off their best levels at $20.76 after the New York Times reported that Dan Loeb of Third Point has built a 6.5% stake and proposes that the company take its entertainment unit public. MAJOR MOVERS: Among notable gainers was InterOil (IOC), up $7.46, or 9.57%, to $85.39 after reporting its earnings and saying its talks with "major oil companies and a national oil company" about a potential LNG partnership are in the final stages. Also higher was SodaStream (SODA), up $6.79, or 11.85%, to $64.08 after at least two analyst firms raised their price target on shares following yesterday's analyst day presentations. Among noteworthy losers was Solar City (SCTY), down $4.44, or 12.37%, to $31.44 after the company's first quarter earnings missed expectations and the stock was downgraded by at least two firms. Also lower was Velti (VELT), down 29c, or 14.5%, to $1.71 after its revenue outlook fell below estimates. INDICES: The Dow was up 123.57, or 0.82%, to 15,215.25; the Nasdaq was up 23.82, or 0.69%, to 3,462.61; and the S&P 500 was up 16.57, or 1.01%, to 1,650.34.
16:00 EDTAAPLOptions Update; May 14, 2013
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15:16 EDTAAPLApple fades to session lows, down over 2%, levels to watch
The shares last hit $443.92 at time of writing. Next support below is at $439.29. Resistance is at $445.25, a prior pivot high.
13:59 EDTAAPLApple shares drop, down 2% to $445.84
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13:54 EDTGOOGGoogle CEO Page discloses left vocal chord paralysis
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12:32 EDTSNEOn The Fly: Midday Wrap
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11:12 EDTAAPL, GOOGBlackBerry plans to bring BBM to iOS, Android this summer
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11:01 EDTGOOG, AAPLBlackBerry says bringing BBM platform to iOS, Android
Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event.
10:49 EDTSSNLF, SNEDell accuses optical disk drive makers of price-fixing, Bloomberg says
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10:07 EDTAAPLGroupon introduces Breadcrumb point-of-sale app for iPad
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10:00 EDTSNESony rises 9.1%
Sony is up 9.1%, or $1.71, to $20.60
09:54 EDTGOOGSynacor to present Cloud ID with Google+
Synacor (SYNC) announced it will demo Cloud ID Social Login with Google+ and advanced TV Everywhere technologies in the Developer Sandbox at Google I/O, May 15-17.
09:50 EDTSNESony spikes higher after Loeb's Third Point takes 6.5% stake
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09:38 EDTAAPLActive equity option families trading on open
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09:25 EDTGOOGGoogle to expand Fiber service to Gladstone, Missouri
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09:14 EDTSNEOn The Fly: Pre-market Movers
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09:00 EDTSNESony rises 7.7%
Sony is up 7.7%, or $1.46, to $20.35
08:18 EDTAAPLDavid Tepper says Citigroup position 'more than twice' Apple stake
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08:16 EDTAAPLDavid Tepper says Apple shares 'ok' at current levels
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08:15 EDTAAPLDavid Tepper says still owns Apple, cut stake 'a little bit'
David Tepper of Appaloosa Management is speaking on CNBC.
07:50 EDTAAPLApple to reach 50B app downloads before Wednesday, Fortune reports
Apple is expected to reach 50B app downloads in before midnight Tuesday, reports Fortune. With apps being downloaded at the rate of 580 per second today, things may accelerate considerably as the goal approaches. Reference Link
07:50 EDTAAPL, SSNLFSharp to seek increased sales to Samsung, Reuters reports
Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link
07:32 EDTGOOGGoogle ordered to change search hints by German court, AP reports
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06:52 EDTGOOGGoogle likely to focus on new Android services at conference, AllThingsD says
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06:22 EDTSSNLF, SNE, AAPLGartner reports Q1 mobile phone sales growth
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05:53 EDTAAPLWeb browsers are being reinvented, WSJ reports
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05:51 EDTSNEThird Point takes 6.5% stake in Sony, pushes break-up, NY Times reports
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05:49 EDTSNESony volatility flat, Dan Loeb amasses $1.1B stake
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May 13, 2013
15:45 EDTAAPLOptions Update; May 13, 2013
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15:30 EDTSNESony management to meet with JPMorgan
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15:22 EDTSSNLFAmazon confirms purchase of Samsung screen technology, The Digital Reader says
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13:21 EDTGOOGGoogle unifies storage limit, says 15 GB available free across services
Google announced earlier in a blog post that its users will now get 15 GB of unified storage for free to use between Drive, Gmail, and Google+ Photos. The changes to Google Drive storage will roll out over the next couple of weeks and Google Apps users will also be getting shared storage, the company said. Reference Link
10:24 EDTAAPLFollow-up: Wedge Partners believes InvenSense shipping units to Apple
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09:39 EDTAAPLActive equity option families trading
Active equity option families trading on open according to Track Data: AAPL C TSLA LVS GILD FSLR
08:14 EDTGOOGGoogle volatility at low end of range as shares near record high into Google I/O
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07:58 EDTAAPLBarclays' technology research team holds analyst/industry conference call
Analyst Research Team discusses the supply chain and major trends on an Analyst/Industry conference call to be held on May 13 at 10 am.
07:49 EDTGOOGGoogle price target raised to $950 from $875 at BofA/Merrill
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06:40 EDTGOOG Facebook Home not very popular so far, AllThingsD says
Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link
06:09 EDTSSNLFSamsung announces plans to launch 5G by 2020
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May 12, 2013
18:49 EDTAAPLABC app to let users live stream local programming, NYT says
ABC, a unit of the Walt Disney Company (DIS), will unveil the "live" function for its app for iPhones (AAPL) and iPads, allowing users around New York and Philadelphia to live stream all the programming from ABC’s local stations there, says the New York Times. Reference Link
15:18 EDTGOOGGoogle+ struggles to win over brands, Reuters says
Two years after introducing Google+ the search giant is struggling to win over the brands and businesses that are its best customers in the Internet search market, Reuters says. Reference Link
May 11, 2013
14:26 EDTAAPLPentagon expects to give clearance for Apple mobile devices, Bloomberg says
The U.S. Defense Department plans to give clearance for Apple mobile devices for use on its networks early next week, says Bloomberg, citing a Pentagon spokeswoman. Reference Link
May 10, 2013
16:01 EDTAAPL, GOOGOptions Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.
14:52 EDTGOOGMarket poised to end week higher as tech helps lead advance
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12:14 EDTSNESony to unveil video game featuring hacker
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10:53 EDTGOOG, SSNLFFacebook adds Facebook Home launcher to more Android phones, androidcentral says
Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link
09:38 EDTGOOG, AAPLActive equity option families trading
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09:35 EDTGOOGGoogle may announce improved Nexus 7 with same price at I/O, CNET says
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08:03 EDTSSNLF, AAPLLenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports
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07:07 EDTAAPLApple margin decline concerns overblown, says Piper Jaffray
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