New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 29, 2012
06:37 EDTTWX, AAPLTime Warner CEO says 'hopes' Apple makes a TV, Business Insider reports
During Business Insider's IGNITION conference, Time Warner (TWX) CEO Jeff Bewkes said that he "hopes" Apple (AAPL) builds a television set, as "they bring good interface and navigation skills". Bewkes believes Apple will see a lot of competition in this space, and will see "as many interfaces as you can get." Reference Link
News For TWX;AAPL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | all recent news | >>
October 16, 2014
13:36 EDTAAPLApple says iOS 8.1 available for download Monday
Subscribe for More Information
13:36 EDTAAPLApple says Yosemite OS X available today for free
Subscribe for More Information
13:15 EDTAAPLApple says Apple Watch to ship early next year
Subscribe for More Information
13:10 EDTAAPLApple says 500 new banks adding support for Apple Pay
Subscribe for More Information
13:09 EDTAAPLApple says iPhone preorders in China have set a new record
13:09 EDTAAPLApple says iPhone 6/6 Plus launch was biggest ever
Subscribe for More Information
12:29 EDTTWXOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday, though well off their worst levels. The market opened sharply lower following less than stellar quarterly reports from some of the countryís largest corporations and a number of in-focus "momentum" names such as Netflix (NFLX) and eBay (EBAY). The early drop extended the marketís recent declines and put the averages close to correction territory. The market moved off its lows after a regional Fed president, who'd recently been seen as hawkish, said in an interview that the central bank should consider delaying the end of quantitative easing and that it should be more data driven than time driven. The comments were attributed as the catalyst for a reversal that brought the averages all the way back to positive territory, though the market has once again drifted back into negative ground. ECONOMIC EVENTS: In the U.S., initial jobless claims decreased by 23K to 264K last week to hit their lowest level since April 2000. Industrial production rebounded 1.0% in September, beating expectations for a rise of 0.4% and pushing capacity utilization up to 79.3% from 78.7% previously. The Philadelphia Fed manufacturing index fell 1.8 points to 20.7 in October, which was not as low as the expected 19.9 reading. The NAHB homebuilder sentiment index fell 5 points to 54 in October, versus expectations for it to hold steady at 59. Also of significant note, St. Louis Fed President James Bullard, who is not a voting FOMC member though was quoted recently saying that a rate hike might be appropriate as soon as early next year, reversed course this morning and told Bloomberg in an interview that the Fed should consider delaying an end to its quantitative easing program. COMPANY NEWS: Shares of Netflix (NFLX) plunged 22% after the company provided lower than expected Q4 profit guidance and reported lower than expected subscriber data. The move after its earnings report last night also follows Time Warner's (TWX) announcement yesterday of plans for a standalone HBO online service and Piper Jaffray saying it believes CBS (CBS) will similarly launch an over-the-top Showtime offering next year... eBay (EBAY) shares slipped nearly 6% after the company missed revenue expectations for the third quarter and lowered its outlook for fiscal 2014. Following the report, analysts at both RBC Capital and CLSA downgraded the stock. MAJOR MOVERS: Among the notable gainers was Chesapeake Energy (CHK), which rose 17% after the company announced that it sold Marcellus and Utica shale assets to Southwestern Energy (SWN) for $5.375B. Shares of the buyer Southwestern, however, fell 8% after the deal announcement. Also lower was Extreme Networks (EXTR), which dropped almost 19% after cutting its first quarter outlook citing significant delays with its North American deals as well as headwinds in Europe. INDEXES: Near midday, the Dow was down 28.46, or 0.18%, to 16,113.28, the Nasdaq was down 16.16, or 0.38%, to 4,199.16, and the S&P 500 was down 2.08, or 0.11%, to 1,860.41.
10:49 EDTTWXCBS likely to launch Showtime OTT service in 2015, says Piper Jaffray
Subscribe for More Information
10:01 EDTTWXOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:46 EDTAAPLApple October weekly volatility elevated into iPad event and Q4
Subscribe for More Information
09:39 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:18 EDTTWXMoonves: Showtime standalone service in 'not too distant future,' NY Times says
Subscribe for More Information
08:37 EDTTWXTime Warner upgraded at Topeka
As previously reported, Topeka upgraded Time Warner to Buy from Hold. The firm upgraded shares citing better than expected guidance targeted at yesterday's analyst day. Price target raised to $90 from $70. Note that BofA/Merrill also upgraded shares today.
08:23 EDTTWXTime Warner price target raised to $85-$90 from $79-$81 at Wells Fargo
Subscribe for More Information
08:06 EDTAAPLAlmunia says political pressure around Google case 'unprecented,' WSJ reports
Subscribe for More Information
07:49 EDTTWXTime Warner upgraded at BofA/Merrill
Subscribe for More Information
07:48 EDTAAPLSony must decide quickly what to do with smartphone strategy, Nikkei says
Sony's (SNE) "One Sony" strategy is built around providing contents to consumers and smartphones are one of three pillars it sees for growth, but the strategy is "on the brink of collapse" as the company falls behind Apple (AAPL) and Chinese rivals, according to the Nikkei Asian Review. Sony officials are debating whether smartphone operations in Asia should be downsized and whether cutting 1,000 jobs, or 15% of its mobile communications workforce, would be warranted, according to the report. Reference Link
07:47 EDTTWXTime Warner added to Focus List at JPMorgan
Subscribe for More Information
07:10 EDTTWXTime Warner upgraded to Buy from Hold at Topeka
Subscribe for More Information
06:31 EDTTWXTime Warner upgraded to Buy from Neutral at BofA/Merrill
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use