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Stock Market & Financial Investment News

News Breaks
October 12, 2012
07:47 EDTINTC, VRSN, ADBE, FIRE, IPAS, SYMCDefense secretary sounds strong warning on cyber security, FT says
U.S. defense secretary Leon Panetta warned the nation could face a “cyber Pearl Harbor,” citing China and Russia as having advanced cyber capabilities and Iran making progress toward the same, according to Financial Times. Reference Link
News For SYMC;FIRE;VRSN;IPAS;ADBE;INTC From The Last 14 Days
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April 9, 2014
07:00 EDTINTCBofA, Intel fire 3K workers, leaving Costa Rica shocked, Bloomberg says
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06:20 EDTINTCIntel plans 1,500 job cuts in Cosa Rica, WSJ reports
Intel is planning to lay off about 1,500 employees in Costa Rica, the Wall Street Journal reports. The company will move longtime assembly and test operations in the country to three locations in Asia. The latest job cuts reduce Intel's workforce by about 1.4%. Reference Link
April 8, 2014
11:31 EDTVRSNVeriSign rises after representative seeks to maintain U.S. internet oversight
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08:08 EDTADBE, INTCCost to Apple, Google, Intel, of 'no-poaching' deal may be high, DealBook says
Some of the of the biggest names in tech, including Apple (AAPL), Google (GOOG), Intel (INTC)and Adobe (ADBE), are at the center of a class-action suit that seeks $9B as compensation for employees who contend the tech giants colluded to prevent their employees from being hired at rivals, reported The New York Times' DealBook. Reference Link
07:42 EDTADBEAdobe pullback a buying opportunity, says Cowen
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07:28 EDTFIRESecurity Innovation Network to hold a forum
IT Security Entrepreneurs Forum: ITSEF 2014 is being held in Mountain View, California on April 8-9.
05:42 EDTIPASiPass, Skoll foundation announce strategic partnership
iPass and the Skoll Foundation announced they have joined forces to provide mobile connectivity solutions to help Skoll Social Entrepreneurs tackle some of the world's most pressing problems. The iPass-Skoll Foundation initiative is being introduced at the annual Skoll World Forum on Social Entrepreneurship, which runs from April 9 through April 11 in Oxford, England.
April 7, 2014
10:00 EDTINTCOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
05:55 EDTINTCIntel upgraded to Outperform from Sector Perform at Pacific Crest
Pacific Crest upgraded its rating on Intel (INTC) shares to Outperform with a $31 price target citing improving corporate PC demand and expectations the company's Grantley server platform will drive spending at traditional IT customers in 2015. Shares of Intel closed Friday down 25c to $26.16.
April 4, 2014
16:30 EDTSYMCOn The Fly: Closing Wrap
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16:00 EDTINTCOptions Update; April 4, 2014
iPath S&P 500 VIX Short-Term Futures up 89c to 41.88. Option volume leaders: AAPL C P NFLX LNG BAC INTC TSLA TWTR according to Track Data.
15:22 EDTSYMCSymantec calls active on eyed by activists, interviews advisors
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14:59 EDTSYMCSymantec eyed by activists, interviews advisors, Reuters says
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14:37 EDTSYMCSymantec hiring bank for strategic advice, Reuters says
Symantec is being examined as a potential target by large activist funds, according to Reuters.
April 3, 2014
16:16 EDTINTCGlobalfoundries in lead to buy IBM chip plants, TSMC out of talks, WSJ says
IBM (IBM) has held talks with Globalfoundries, Intel (INTC) and Taiwan Semiconductor (TSM) regarding its semiconductor manufacturing operations, and Globalfoundries appears to be in the lead as the most likely potential buyer, according to The Wall Street Journal, citing people familiar with the matter. IBM initially asked for more than $2B and bids have come in "north of $1B," the report noted, adding that Intel is still involved, but TSMC has dropped out of the talks. Reference Link
16:00 EDTINTCOptions Update; April 3, 2014
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15:49 EDTINTCGlobalfoundries in lead to buy IBM chip plants, TSMC out of talks, DJ says
IBM (IBM) also held talks with Intel (INTC), according to Dow Jones, citing sources.
15:08 EDTADBEAdobe trades lower after insiders sell shares
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10:01 EDTINTCIntel climbs following upbeat note from analyst
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10:00 EDTINTCOn The Fly: Analyst Upgrade Summary
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