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Stock Market & Financial Investment News

News Breaks
December 27, 2013
06:16 EDTMSFT, GM, TWTR, SSNLF, AMZN, NOK, AAPL, UPSOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Twitter (TWTR) shares have nearly tripled since their IPO last month, including an almost 5% gain on Thursday, making the microblogging site's IPO one of the best performing this year. The company now has a $39.9B market capitalization, the Wall Street Journal reports...A little-noticed change in the way an influential shareholder adviser makes its up-or-down recommendations on director elections may have some companies rethinking their responses to investor proposals. Starting in 2014, Institutional Shareholder Services is changing its guidelines to recommend ousting directors who don't implement a shareholder proposal that got a majority of the votes cast at the 2013 meeting, the Wall Street Journal reports...REUTERS: UPS (UPS) scrambled on Thursday to deliver packages that had failed to arrive in time for Christmas as the number one U.S. ground delivery service sought to limit the fallout from the delays. That could encourage eCommerce companies, like Amazon (AMZN), to spread their shipping contracts across more companies to lower risk, Reuters reports...GM (GM) and its China joint venture partner SAIC Motor Corp. will recall close to 1.5M vehicles due to potential safety issues in one of the biggest recalls in the world's biggest autos market, Reuters reports...BLOOMBERG: Apple (AAPL) is again seeking to ban sales in the U.S. of Samsung Electronics (SSNLF) products that were at issue in the companies’ first patent trial in California and are now no longer on the market, Bloomberg reports...Chinese mobile phone makers asked China’s Ministry of Commerce to make sure Microsoft’s (MSFT) $7.5B bid to take over Nokia’s (NOK) handset business doesn’t result in higher patent fees on wireless technology, sources say, Bloomberg reports.
News For TWTR;UPS;AMZN;GM;AAPL;SSNLF;MSFT;NOK From The Last 14 Days
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April 7, 2014
09:00 EDTMSFTMicrosoft May volatility increases; shares near 14-year high into Q3
Microsoft April weekly call option implied volatility is at 29, April is at 23, May is at 25, July is at 21; compared to its 26-week average of 23 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on April 24.
08:45 EDTAAPLInvenSense price target raised to $27 from $20 at Pacific Crest
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07:51 EDTAAPLApple sent iTV panel samples from Korean display maker, Korea Herald says
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07:37 EDTSSNLF, AAPLApple considered dumping long-time ad agency, WSJ reports
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07:35 EDTAMZNAmazon.com announces launch of Amazon Dash
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07:33 EDTSSNLFFLIR Systems hires Travis Merrill as Chief Marketing Officer
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07:16 EDTAAPLRetailers muscle into competitive mobile payment market, Reuters says
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06:49 EDTTWTRWeibo looking to raise over $380M in IPO, NY Times says
SINA's (SINA) Weibo hopes to raise more than $380M in its upcoming IPO and price its shares at $17-$19, Weibo said in its prospectus, according to The New York Times. Known as a "microblog," Weibo has been compared to Twitter (TWTR). Reference Link
06:41 EDTMSFT, AMZNMicrosoft pushes for programming to rival Amazon, Netflix, Bloomberg says
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06:36 EDTAAPLApple's sales force worried about iPhone outlook, Re/code reports
Apple's (AAPL) sales force has been worried about weakness in the iPhone's market share, amid strong competition from Google's (GOOG) Android operating system, a document presented in a court case showed, Re/code reported on Friday. According to the internal Apple document, the only portions of the smartphone market showing growth were large devices costing more than $300 or devices that cost less than $300, the website stated. Reference Link
06:35 EDTGMGM investors keep faith as recall reduces $3B in value, Bloomberg says
A variety of institutional investors in GM say they still feel confident in the stock after the recall crisis reduced more than $3B in shareholders’ value over four weeks, reported Bloomberg. Reference Link
06:29 EDTGMGeneral Motors considers range of options for victim-compensation, WSJ says
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06:23 EDTNOKDelta Air Lines to equip flight attendants with Nokia Lumia 1520
Delta Air Lines (DAL) this fall will equip more than 20,000 flight attendants with handheld Nokia (NOK) Lumia 1520 phablets, which will serve as their on-board manual and in-flight sales device as well as a platform for future, more personalized in-flight customer service. The Lumia 1520 features a larger format, 6-inch screen and will replace the smaller Lumia 820 already in the hands of Delta on-board professionals.
06:18 EDTMSFTMicrosoft starts developing 4th-generation Surface, DigiTimes reports
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April 6, 2014
18:12 EDTGMGM to begin fixing faulty ignition switches, WSJ says
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17:48 EDTAMZN, AAPLGoogle set to announce Android TV, The Verge says
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16:07 EDTGMGM's Opel brand planning compact electric car by 2017, Reuters says
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14:53 EDTGMMcCaskill says GM ignition case could lead to criminal charges, Reuters says
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14:21 EDTAMZNYahoo plans to acquire bigger budget TV programming, WSJ says
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April 5, 2014
19:30 EDTTWTRTwitter to launch new ad products, WSJ says
In a push to appease e-commerce companies and mobile-game developers, Twitter is planning to debut 15 types of new ad products and ways to target users over the coming six months, says the Wall Street Journal, citing sources. The first group of new adds will be released in a few weeks and will include a product that encourages users to download apps through Twitter, added the Wall Street Journal. Reference Link
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