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Stock Market & Financial Investment News

News Breaks
November 14, 2012
16:34 EDTANF, SBUX, IAG, APO, TEA, FB, MWW, SNEOn The Fly: Closing Wrap
Stocks on Wall Street were lower after a brief pop at the open quickly reversed into a day long sell-off that saw the averages close at their lows. With concerns about the fiscal cliff lingering, President Obama's news conference during the afternoon did little to help the market. Oil prices spiked as Israel launched a Gaza offensive and killed a Hamas commander, though stocks did not follow the commodity's path higher... ECONOMIC EVENTS: In the U.S., retail sales fell 0.3% in October, versus expectations for a decline of 0.2%. Producer prices fell 0.2% in the month, versus forecasts for them to have increased 0.2%. Excluding food and energy, the core reading fell 0.2%, versus the expected increase of 0.4%. Business inventories rose 0.7% in September, versus expectations for an increase of 0.6%. Minutes from the October meeting of the Federal Reserve showed many Fed members see the adoption of quantitative thresholds as helping, though the committee said a number of practical issues would need to be overcome before the thresholds could be instituted... COMPANY NEWS: Starbucks (SBUX) announced it was purchasing Teavana (TEA) for $620M, or $15.50 per share, in an all-cash transaction. Shares of Teavana, which were halted ahead of the announcement after the Atlanta Business Chronicle broke the news, advanced $5.32, or 52.52%, to $15.45. Shares of Starbucks settled down $1.47, or 2.92%, at $48.84... Bloomberg reported that Monster Worldwide (MWW) still has no bidders as TPG and Apollo Global (APO) passed on the company, and shares of Monster traded lower after the news, settling down 31c, or 4.97%, at $5.93... MAJOR MOVERS: Among the notable gainers was Abercrombie & Fitch (ANF), up $10.74, or 34.45%, to $41.92 after the company reported better than expected earnings, raised its full year EPS view, and the stock received at least five analyst upgrades. Also higher were shares of Facebook (FB), up $2.50, or 12.59%, to $22.36 in spite of the expiration of a lockup that permitted many investors and employees to sell their shares for the first time since the company's IPO. Among the noteworthy losers was IAMGOLD (IAG), down $2.89, or 19.45%, to $11.97 after the company reported quarterly results and production guidance that disappointed. Also lower were shares of Sony (SNE), down 95c, or 8.82%, to $9.82 after the company issued a large amount of bonds that may convert to stock under certain conditions... INDICES: The Dow lost 185.23, or 1.45%, to 12,570.95; the Nasdaq fell 37.08, or 1.29%, to 2,846.81; and the S&P 500 dropped 19.04, or 1.39%, to 1,355.49.
News For TEA;SBUX;MWW;APO;ANF;FB;IAG;SNE From The Last 14 Days
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February 17, 2015
13:14 EDTFBFacebook introduces customizable product ads solution
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13:14 EDTSBUXStarbucks announces launch of coffee delivery service
Starbucks announced the launch of its fresh delivery subscription service. It stated, "Available in monthly increments, Starbucks Reserve Roastery Subscriptions will allow customers access to unique, small-lot coffees only available at the Roastery or through the subscription. Designed to provide the highest quality coffee immediately after roasting, these fresh delivery subscriptions ensure customers receive their coffee within three to five days of being roasted, depending on location in the U.S." A one month subscription costs $24 while an annual subscription costs $288.
10:04 EDTFBFacebook receives patent for identifying, marketing to "influencers"
Facebook has received a patent allowing it to identify "influencers" within its social network - those whose recommendations results in a significant increase of word-of-mouth and re-sharing. The patent describes a process for identifying which users are most influential, and then advertising to those specific people in order to capitalize on any potential recommendations they may make.
08:39 EDTFBMarathon Patent Group subsidiary files patent infringement suit against Facebook
Marathon Patent Group (MARA) announced that its wholly-owned subsidiary TLI Communications GmbH has filed a patent infringement lawsuit against Facebook (FB) and Facebook Ireland Limited in the Regional Court of Munich in Germany. TLI Communications is asserting infringement of the German part of European patent 0 814 611 B1 by the social media platform "Facebook" operated by the defendants, as well as the associated application software for smartphones and tablet computers.
07:22 EDTFBMitsubishi UFJ to hold a tour
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05:52 EDTSNESony to establish alliance to promote Ultra HD technology, DigiTimes reports
Sony (SNE) is planning to form an alliance with 10 companies including Cisco (CSCO) and Rohde & Shwarz to boost IP-based Ultra HD video broadcasts, reports DigiTimes. According to industry sources, the alliance named IP Life Consortium will allow TV stations worldwide to set up Ultra HD infrastructure with lower costs. Reference Link
05:42 EDTANFAbercrombie & Fitch implied volatility of 58 at upper end of index mean range
February 13, 2015
17:05 EDTFBAppaloosa gives quarterly update on stakes
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10:00 EDTANFOn The Fly: Analyst Downgrade Summary
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06:51 EDTANFAbercrombie & Fitch downgraded at Credit Suisse
As previously reported, Credit Suisse downgraded Abercrombie & Fitch to Underperform from Neutral. The firm is increasingly cautious due to the pick up in deflationary pressure in the U.S. apparel market combined with increased FX headwinds and further share losses to deep value retailers. Price target lowered to $21 from $25.
06:37 EDTFBFacebook volatility at low end of historic range
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06:30 EDTANFAbercrombie & Fitch downgraded to Underperform from Neutral at Credit Suisse
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06:14 EDTSNESamsung, HTC, others to launch non-Android Wear smart devices, DigiTimes says
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06:09 EDTANFAbercrombie & Fitch implied volatility of 60 at upper end of index mean range
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February 12, 2015
14:52 EDTFBRocket Fuel expands programmatic inventory sources, to integrate Facebook API
Rocket Fuel (FUEL) announced an expansion of inventory options and data sources beyond RTB exchanges. Rocket Fuel’s placement-based buying capability is designed to be additive to Rocket Fuel’s real-time bidding, or RTB, platform which accesses inventory across 20 ad exchanges for display, video, and mobile. Closer integration with social and mobile sources, app developers, direct publishers, and addressable TV properties will bring access to expanded inventory, previously unavailable or limited within exchanges, Rocket Fuel said earlier. Rocket Fuel’s first integration will be with the Facebook API (FB) and will be available to clients in March. This integration will bring clients a wider range of ad unit options to expand Rocket Fuel’s social offering, including new support for mobile and video on Facebook, which was previously not available via FBX, Rocket Fuel noted.
09:36 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA WFM BIDU TWTR GILD FB AMAT EXPE TRIP
06:29 EDTFBFacebook designing own network equipment, WSJ says
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06:06 EDTSNESony Mobile to raise purchase of MediaTek handset solutions, DigiTimes reports
Sony Mobile is expected to increase its purchases of handset solutions from MediaTek for production of entry-level and mid-range smartphones in 2015, reports DigiTimes. According to sources at Taiwan's handset supply chain, total orders for Xperia E4 are expected to reach 3M units. Reference Link
05:56 EDTFBFacebook implied volatility of 25 at lower end of index mean range
05:48 EDTANFStocks with implied volatility movement; ANF VALE
Stocks with implied volatility movement; Abercrombie & Fitch (ANF) 60, Vale (VALE) 62 according to iVolatility.
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