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Stock Market & Financial Investment News

News Breaks
December 3, 2012
10:16 EDTT, OFS, LULU, BSMX, EL, SCMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AT&T (T) initiated with an Equal Weight at Evercore... OFS Capital (OFS) initiated with an Equal Weight at Barclays... Santander Mexico (BSMX) initiated with an Equal Weight at Barclays.... lululemon (LULU) initiated with a Buy at Canaccord... Estee Lauder (EL) initiated with an Equal Weight at Morgan Stanley... Stellus Capital (SCM) initiated with an Outperform at Oppenheimer... OFS Capital (OFS) initiated with an Outperform at Oppenheimer.
News For T;OFS;LULU;BSMX;EL;SCM From The Last 14 Days
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September 9, 2014
14:51 EDTTApple announces iPhone 6, 6 Plus with Retina HD, Apple Pay
Apple announced iPhone 6 and iPhone 6 Plus, featuring two new models with 4.7-inch and 5.5-inch Retina HD displays. The new iPhones feature a unibody enclosure of anodized aluminum that conforms with the shaped glass of the display. iPhone 6 and iPhone 6 Plus include the Apple-designed A8 chip with second generation 64-bit desktop-class architecture for fast performance and power efficiency. Both models include the M8 motion coprocessor that gathers motion data from the accelerometer, gyroscope, compass and the new barometer. iPhone 6 and iPhone 6 Plus introduce Apple Pay, a new way to securely pay for physical goods and services in stores or apps. Users can pay securely in stores by holding the phone near the contactless reader while keeping a finger on Touch ID. The iSight camera gets better with a new sensor featuring Focus Pixels for faster autofocus and iPhone 6 Plus users will also benefit from optical image stabilization technology that compensates for hand shake in low light and works with iOS 8 to reduce subject motion. With faster LTE download speeds of up to 150 Mbps, iPhone 6 and iPhone 6 Plus users can browse, download and stream content faster. The new iPhones also support voice calls over LTE, or VoLTE, as well as Wi-Fi calling. iPhone 6 comes in gold, silver or space gray, and will be available in the U.S. for a suggested retail price of $199 for the 16GB model, $299 for the 64GB model and 128GB model for $399 with a two-year contract. iPhone 6 Plus comes in gold, silver or space gray, and will be available in the US for a suggested retail price of $299 for the 16GB model, $399 for the 64GB model and $499 for the new 128GB model with a two-year contract. Both models will be available from the Apple Online Store, Apple’s retail stores, and through AT&T (T), Sprint (S), T-Mobile (TMUS), Verizon Wireless (VZ), additional carriers and select Apple Authorized Resellers. iPhone 6 and iPhone 6 Plus will be available in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK beginning on Friday, September 19, and customers can pre-order both models beginning on Friday, September 12.
09:50 EDTLULULululemon Athletica September volatility increases into Q2
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07:29 EDTTUBM Canon to hold a summit
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07:17 EDTTThe Wireless Association to hold a conference
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07:11 EDTTUBM Tech to hold a conference
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06:39 EDTLULUlululemon valuation unattractive ahead of results, says Deutsche Bank
Deutsche Bank says lululemon's valuation is unattractive ahead of the company's Q2 results on Thursday morning. Deutsche sees a lack of visibility on when comps will improve and remains cautious on the stock with a Hold rating and $35 price target.
06:03 EDTTTelefonica to trial AT&T's connected home technology in Europe
AT&T (T) and Telefonica (TEF) last night announced plans for a limited trial of AT&T's home security and automation service in Europe. By licensing the AT&T Digital Life platform, Telefonica can offer trial users a wireless home automation platform all managed through an easy-to-use, web-based user interface. AT&T independently owns its platform, allowing for others to license a turnkey solution. AT&T Digital Life is an IP-based, all wireless, home security, smart automation and energy management solution, all contained in an easy-to-use mobile app. Telefonica is the first company to license AT&T's Digital Life platform.
05:16 EDTTSprint announces improved phone-trade in program, price match guarantee
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September 8, 2014
10:51 EDTTAT&T U-verse TV, Rural Media Group reach distribution agreement
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06:42 EDTLULUlululemon expected to report sharply lower profit, WSJ reports
lululemon is expected to report a sharply lower profit, with analysts expecting a profit of $42.7M in the latest quarter, reports the Wall Street Journal. Investors will be watching for signs the self-inflicted problems are getting resolved after executives said overhauling the company's process will take about 18 months. Reference Link
September 7, 2014
20:37 EDTTApple's new iPhones face risk as carriers begin subsidy phase out, WSJ says
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September 5, 2014
15:21 EDTLULULululemon Athletica September volatility elevated into Q2
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07:49 EDTLULUlululemon challenges persisted in Q2, says Canaccord
Canaccord said the product assortment at lululemon remains stale and the firm sees traffic, product flow, fashion quotient and conversion challenges persisting in Q2. The firm believes the brand remains relevant and has long-term growth opportunities but there are likely to be more fits and starts in the interim. Canaccord keeps its Hold rating and $42 price target on shares of lululemon.
06:41 EDTTFCC head says agency to promote high speed Internet choices, NY Times reports
Stating that fewer than 25% of American homes have access to more than one high speed Internet provider, FCC Chairman Tom Wheeler said the agency would look to promote additional choices in the sector, according to The New York Times. High speed Internet providers include Comcast (CMCSA), Cablevision (CVC), Verizon (VZ), AT&T (T), and Google (GOOG). Reference Link
06:34 EDTLULUlululemon estimates lowered ahead of Q2 report at Barclays
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05:33 EDTTAT&T to offer Moto X, Moto Hint
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September 4, 2014
14:05 EDTTCiena weakness may create attractive entry point, says Wells Fargo
Wells Fargo believes that Ciena (CIEN) reported solid Q3 results, and the firm was encouraged by the news that the company was named as an AT&T (T) domain 2.0 supplier. However, the firm notes that Ciena's Q4 revenue guidance was lower than expected, partly due to the deal. Nonetheless the firm expects the factors that caused the guidance miss to be transitory, and it is upbeat about the company's outlook for FY15. Wells keeps an Outperform rating on the shares.
13:05 EDTLULULululemon Athletica September volatility elevated into Q2
Lululemon Athletica September 12 weekly call option implied volatility is at 72, September is at 56, October is at 46, January is at 37; compared to its 26-week average of 38 according to Track Data, suggesting larger September price movement into the expected release of Q2 on September 11.
11:50 EDTTAT&T management to meet with Jefferies
Group dinner to be held in Las Vegas on September 10 in conjunction with the CTIA Conference hosted by Jefferies.
09:31 EDTTAT&T says 4G LTE network now reaches over 300M people
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