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Stock Market & Financial Investment News

News Breaks
June 7, 2013
09:27 EDTINTC, CBS, EQIX, IRM, LAMR, ARNA, CBK, CCUR, MSFT, GME, TWC, CSCO, GOOG, TIVOOn The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray.
News For TIVO;GOOG;CSCO;TWC;GME;MSFT;CCUR;CBK;ARNA;LAMR;IRM;EQIX;CBS;INTC From The Last 14 Days
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August 19, 2014
06:11 EDTGMEGameStop FY14 guidance likely in-line, says Piper Jaffray
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05:57 EDTGOOGGoogle to offer accounts to children under 13, WSJ reports
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August 18, 2014
13:12 EDTGOOG, MSFTMicrosoft getting ready to launch Chromebook challengers, 9to5Google says
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10:29 EDTINTCGoldman cuts sector view on semiconductors to Cautious
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08:47 EDTEQIXRaymond James to hold a summit
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08:05 EDTTWCTime Warner Cable price target raised to $173 from $148 at UBS
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08:04 EDTINTCSemiconductors sector downgraded to Cautious from Neutral at Goldman
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.
August 17, 2014
20:16 EDTTWCFCC must decide on TWC arrangement as it reviews Comcast deal, WSJ says
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14:05 EDTGOOGGoogle acquires digital photo analysis startup Jetpac
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August 15, 2014
17:02 EDTCSCOStocks end week slightly higher despite flare-up in Russian tensions
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12:39 EDTGOOGOn The Fly: Midday Wrap
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11:45 EDTGOOGVringo confirms adverse ruling in patent suit with Google, others
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11:15 EDTGOOGVringo falls after patent win against Google, AOL reversed on appeal
The U.S. Court of Appeals for the Federal Circuit that patents claims asserted by I/P Engine, a unit of Vringo (VRNG), are invalid for obviousness and reversed a lower court's ruling in the company's favor. The patents were asserted in a suit against Google (GOOG) and Aol (AOL), IAC Interactive (IACI) and Gannett (GCI). Vringo shares dropped nearly 11% following the posting of the appeal court ruling. Reference Link
11:11 EDTGOOGU.S. Court says Vringo patents in Google case are invalid, Bloomberg Reports
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10:09 EDTGOOGSony expected to debut Smartwatch 3 next month, GigaOM reports
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09:39 EDTMSFTNPD: Sony's PS4 beats out Xbox One in July, BGR reports
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07:38 EDTTWCComcast met with FCC this week to argue for deal, NY Post says
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06:23 EDTINTCIntel teaming with SMS Audio for biometric earbuds, WSJ reports
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06:03 EDTCBSCBS, Cumulus, MDC oversold after Q2 results, says Piper Jaffray
Piper Jaffray says ad-related stocks CBS (CBS), Cumulus Media (CMLS) and MDC Partners (MDCA) are oversold following the Q2 reporting season. Piper expects the ad market to turn around in Q3 and accelerate in Q4.
06:01 EDTGMEJuly NPD video game software sales fell 15%, says Piper Jaffray
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