New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 22, 2014
09:01 EDTSSNLF, SYNASynaptics shares should be bought ahead of earnings, says Pacific Crest
Pacific Crest warns that an inventory correction in high-end Samsung smartphones is likely to limit the ability of Synaptics to report stronger than expected results for its December quarter. Nonetheless the firm expects the company to benefit from a ramp in Samsung's GS5 and sales of its fingerprint sensing product in upcoming quarters. The firm keeps a $58 price target and Outperform rating on the stock.
News For SYNA;SSNLF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
October 6, 2015
19:34 EDTSSNLFSamsung reports Q3 Operating Profit 7.3T Won, Bloomberg reports
Subscribe for More Information
06:52 EDTSSNLFSamsung Electronics still trying to find smartphone fix, Reuters reports
Subscribe for More Information
October 2, 2015
10:10 EDTSYNAOptions with increasing implied volatility
Subscribe for More Information
October 1, 2015
09:05 EDTSSNLFAmazon Dash Replenishment Service adds new partners, including General Electric
Subscribe for More Information
08:17 EDTSSNLFSamsung denies claims TVs less energy-efficient in real life, VentureBeat says
Subscribe for More Information
September 30, 2015
16:34 EDTSYNAOn The Fly: Top stock stories for Wednesday
Stocks on Wall Street were sharply higher in the last day of the third quarter, but not by nearly enough to turn any of the major averages positive on a quarterly basis. The Dow ended the quarter with a loss of about 7.6%, the Nasdaq slid 7.4% and the S&P has lost 7% in the last three months. Investors hope the fourth quarter will be more profitable and the non-farm payrolls report for September and the kickoff of earnings season, which are both on the near-term horizon, will certainly have a say in whether that is the case. ECONOMIC EVENTS: In the U.S., payroll processor ADP reported that 200,000 jobs were added this month, topping expectations for 190,000 job additions. The Chicago PMI business barometer index fell to 48.7 in September, missing expectations for a reading of 53.6. Additionally, the Senate passed a continuing resolution, officially funding the government through December 11. In China, important data, including manufacturing PMIs and Caixin readings, will be released overnight, but Chinese markets will be closed for "Golden Week" from October 1 to October 7. COMPANY NEWS: Shares of Gap (GPS) and Ralph Lauren (RL) moved in opposite directions after an executive for one left to take over for an icon at the other. Stefan Larsson will step down as global president of Old Navy in order to become the new Chief Executive Officer of Ralph Lauren, replacing the man who founded the company that bears his name. At least three research firms downgraded Gap shares to sell or equivalent ratings and the stock fell 5.69% to $28.50 in the wake of the executive shake-up, while Ralph Lauren shares advanced 13.56% to $118.16... Re/code's Kara Swisher and Kurt Wagner reported, citing sources, that Twitter (TWTR) founder and interim CEO Jack Dorsey is set to be named permanent Chief Executive, possibly as soon as Thursday. Re/code noted that Dorsey will remain as CEO of Square, the payments company he also founded, and that the company is likely to reconfigure its board of directors, beginning with the departure of former CEO Dick Costolo. MAJOR MOVERS: Among the notable gainers were Rentrak (RENT) and comScore (SCOR), which advanced a respective 24.61% and 11.29% after announcing a stock-for-stock merger agreement. Also higher was Western Digital (WDC), which gained $10.57, or 15.35%, to $79.44 after a subsidiary of China's Tsinghua Holdings agreed to take a 15% stake in the company. Additionally, Synaptics (SYNA) rose 27.31% to $82.46 after Bloomberg reported that the company rejected a $110 per share bid from a state-backed Chinese investment group. Among the noteworthy losers was Barracuda Networks (CUDA), which crashed $8.01, or 34.01%, to $15.54 after its quarterly results and future guidance both fell short of analyst expectations. Also lower was Mellanox (MLNX), which fell $2.00, or 5.03%, to $37.79 after agreeing to acquire EZchip (EZCH) but failing to reiterate its guidance on a subsequent conference call. Separately, Universal Truckload (UACL) plunged 18.91% to $15.57 after guiding its Q3 results significantly below consensus estimates, after which the stock saw downgrades at research firms BB&T and Citi. INDEXES: The Dow advanced 235.57, or 1.47%, to 16,284.70, the Nasdaq added 102.84, or 2.28%, to 4,620.17, and the S&P 500 rose 35.94, or 1.91%, to 1,920.03.
11:14 EDTSYNASynaptics options active on report of rejected bid from Chinese investor
Synaptics October weekly 66 and 68 calls are active on total call volume of 4K contracts (2K puts) on a rejected a $110 per share takeover offer from a state-backed Chinese investment group, Bloomberg reports. October weekly call option implied volatility is at 125, October is at 77, November is at 64; compared to its 52-week range of 25 to 62. Active call volume suggests traders taking positions for upside price movement.
10:49 EDTSYNASynaptics rejected $110/share bid from Chinese investor, Bloomberg reports
Subscribe for More Information
10:35 EDTSSNLFSamsung announces wireless charging monitor
Subscribe for More Information
10:25 EDTSYNASynaptics jumps after Bloomberg says takeover bid rejected
Shares of Synaptics (SYNA) jumped after Bloomberg reported that the company rejected a $110 per share takeover bid from a state-backed Chinese investment group. The supplier of custom-designed human interface solutions is trading up 19% to $77.34.
10:22 EDTSYNASynaptics halted for volatility after jumping 14% on Bloomberg report
10:21 EDTSYNASynaptics rejected $110/share bid from Chinese investor, Bloomberg reports
Subscribe for More Information
09:15 EDTSSNLFSamsung says Gear S2 to be available in the U.S. on October 2
Subscribe for More Information
September 29, 2015
08:00 EDTSSNLFNuance, Samsung extend strategic partnership agreement
Nuance Communications (NUAN) announced an extension to the strategic partnership with Samsung Electronics (SSNLF) to provide Nuance document imaging solutions. Specifically the expansion includes rights for Samsung to sell and distribute Nuance AutoStore, Equitrac Office/Express and SafeCom. In addition, Nuance will provide service and support to qualifying customers.
06:31 EDTSSNLFApple, Samsung agree to court-supervised mediation in patent dispute
According to a court filing, Apple (AAPL) and Samsung (SSNLF) have agreed to participate in court-supervised mediation of their years-long dispute over patents. "Pursuant to the September 18, 2015, Case Management Order, the parties jointly submit this update on alternative dispute resolution. The parties are willing to mediate with Judge Spero with a settlement conference deadline of November 15, 2015, and are conferring on scheduling," the court document says. Reference Link
06:25 EDTSSNLFSamsung to shutter Milk Video service in November
Subscribe for More Information
September 28, 2015
19:40 EDTSSNLFSamsung, TSMC confirmed as Apple SoC manufacturers, Apple Insider says
Samsung (SSNLF) and TSMC (TSM) have both been confirmed as Apple (AAPL) A9 system-on-chip manufacturers for the latest iPhone 6s and 6s Plus handsets, according to Apple Insider. Apple Insider also noted that the Samsung version of the chip is 10% smaller than the TSMC version. Reference Link
09:31 EDTSSNLFSamsung Pay debuts for MasterCard cardholders
Beginning today, Samsung Pay (SSNLF) is now available to MasterCard (MA) cardholders for everyday purchases. Samsung device owners can use their MasterCard credit, debit and select prepaid and small business cards from participating banks directly through Samsung Pay.
09:06 EDTSSNLFGlobal Payments announces full support for Samsung Pay in the U.S.
Global Payments Inc. (GPN) is pleased to offer its merchants in the United States the ability to accept Samsung Pay (SSNLF). As a Samsung Pay-qualified payment provider, Global Payments' suite of payment solutions is fully enabled for acceptance, allowing merchants to offer their customers the convenience of Samsung Pay.
07:28 EDTSSNLFSamsung to pay customers up to $120 for buying new Galaxy phone, Verge says
Samsung's (SSNLF) new promotion in the U.S. will pay the rest of a customer's monthly payments in 2015 towards a new Galaxy S6, S6 Edge, S6 Edge+, or Galaxy Note 5, the Verge reports. The promotion will result in $120 off the price of any of those phones if users buy one under a new carrier installment plan between now and October 9, the report says. AT&T (T) will sit the promotion out, the report says. Reference Link
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use