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Stock Market & Financial Investment News

News Breaks
January 30, 2012
14:30 EDTGOOG, FIRE, CHKP, INTC, SYMCSenate to take up cybersecurity bill, The Hill reports
The Senate is expected to consider legislation this week that would force companies deemed crucial to the country's security to take steps to protect their systems, according to The Hill. Reference Link
News For SYMC;CHKP;GOOG;INTC;FIRE From The Last 14 Days
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May 19, 2015
08:33 EDTINTCMorgan Stanley cautious in near-term on PC names
Morgan Stanley is more cautious on PC names near-term, given PC and HDD inventory builds quarter-to-date and weaker April ODM sales. The firm's analyst team continues to believe Q1 was a bottom in year-over-year growth, but now expects normal Q2 seasonal growth instead of above normal and thinks any recovery will likely be delayed until Q3. Morgan Stanley is cautiously optimistic on Western Digital (WDC) due to its diverse revenue drivers, sees value creation catalysts for Hewlett-Packard (HPQ) and believes Microsoft (MSFT) shares reflect the challenging PC market and Win 10. The firm is more cautious on semis such as NVIDIA (NVDA) given higher valuations, share loss at Advanced Micro (AMD), potential 2H margin pressure at Intel (INTC), and Morgan is cautious on PC DRAM stocks near-term due to weaker pricing.
08:20 EDTGOOGVerizon CFO sees net phone additions in Q2
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06:59 EDTGOOGYouTube Kids app receives complaints of 'inappropriate content', WSJ says
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06:10 EDTINTCCiti sees over 50% chance of Intel buying Altera
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May 18, 2015
12:51 EDTINTCOn The Fly: Top stock stories at midday
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12:42 EDTSYMCSymantec to receive Veritas bids in 'next few weeks,' dealReporter says
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11:47 EDTGOOGAmazon unlikely hurt by Google Buy button in next 3 years, says Piper Jaffray
Piper Jaffray analyst Gene Munster said he does not expect Google's (GOOG) addition of a "Buy" button for mobile e-commerce hurting Amazon.com (AMZN) over the next 1 to 3 years, but he does believe Google's plan presents a longer-term threat to "chip away" at Amazon's growth rate. However, Munster thinks it will be "next to impossible" for Google to replicate Amazon's core infrastructure and customer experience and he keeps an Overweight rating and $475 price target on Amazon shares.
10:40 EDTINTCIntel, Altera held principal to principal talks late last week, Faber says
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09:11 EDTINTCIntel, Altera held 'principal to principal' talks last week, CNBC reports
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08:22 EDTGOOGVerizon deal has multiple positive catalysts, says Wells Fargo
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07:59 EDTGOOGGoogle Buy button a natural fit for mobile shopping listings, says Baird
Baird noted Google added a Buy button to accompany mobile product listings and believes it will improve the company's e-commerce search competitiveness. Baird reiterated its Outperform rating and $690 price target on Google shares.
07:06 EDTINTCAltera back in talks with Intel about potential takeover, NY Post says
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May 17, 2015
18:56 EDTGOOGGoogle to feature 'buy' button in sponsored search results, WSJ says
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16:50 EDTGOOGWhite House wavers on backing Google, Oracle in copyright suit, Reuters says
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May 15, 2015
16:28 EDTGOOGAppaloosa Management gives quarterly update on stakes
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08:46 EDTGOOGMobile operators ad blocking plan sets up fight with Google, FT reports
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07:26 EDTSYMCSymantec outlook still positive despite earnings miss, says JMP Securities
After Symantec reported lower than expected Q4 EPS, JMP Securities says that after adjusting for foreign currency fluctuations and a true-up of defined-benefit plans, the EPS would have beat expectations by 1c. The firm says the company's headline Q1 EPS guidance also missed expectations but would have beaten after adjusting for currency and an extra selling week in last year's Q1. The firm thinks that the company's profitability is improving ,and it keeps a $30 price target and Outperform rating on the shares.
07:22 EDTGOOGGoogle's self-driving cars to roll out in California this summer, Re/code says
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06:24 EDTGOOGGoogle Glass team may be focusing on multiple wearable products, BI reports
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06:13 EDTINTCISS, Glass Lewis advise Intel investors to vote 'no' on eBay CEO, WSJ reports
ISS and Glass, Lewis & Co, two influential proxy advisory firms, are recommended Intel (INTC) investors vote against the reelection of eBay (EBAY) CEO John Donahoe to the company's board, The Wall Street Journal reports. Citing what it characterized as a poor attendance record, Glass Lewis commented "We view this as a failure by this director to fulfill a fundamental responsibility to represent shareholders at such meetings," while ISS said Donahoe "lacked a valid excuse" for attending less than 75% of the meetings held by the Intel board and committees he serves on in 2014. Intel's annual shareholders meeting is scheduled for May 21. Reference Link
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