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Stock Market & Financial Investment News

News Breaks
December 30, 2012
20:06 EDTV, MA, AXP, DFS, EBAY, GOOG, PAYCash used in about 29% of retail transactions, Barron's says
Ten years ago, cash accounted for 36% of U.S. retail transactions; this year it is estimated at about 29%, which could mean that alternate forms of payment, Visa (V), MasterCard (MA), American Express (AXP), Discover Financial Services (DFS), Google Wallet (GOOG), and VeriFone Systems (PAY) could benefit greatly, Barron's contends, citing McKinsey & Co. Reference Link
News For V;MA;AXP;DFS;EBAY;GOOG;PAY From The Last 14 Days
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June 18, 2013
17:12 EDTGOOGNvidia to begin licensing GPU cores, visual computing portfolio
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11:33 EDTEBAYeBay confident Paypal will receive regulatory approval in China, TechInAsia says
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09:38 EDTGOOGActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG PFE TSLA MGM
07:42 EDTGOOGO'Reilly Media to hold a conference
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07:29 EDTGOOGSecurities Industry and Financial Markets Association to host a conference
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06:17 EDTGOOGTaiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link
June 17, 2013
15:29 EDTGOOGGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
12:04 EDTAXPAmerican Express reports May net write-off rate 1.9% vs. 2.1% last month
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11:52 EDTGOOGGoogle settles shareholder litigation over new Class C stock
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11:18 EDTGOOGSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
09:40 EDTGOOGActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG CLF TSLA CRM.
09:31 EDTDFSDiscover reports May net charge-offs 1.95% vs. 1.94 % last month
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09:15 EDTGOOGYahoo unlikely to reach search deal with Google, says Bernstein
Bernstein believes that Google (GOOG) will not make a deal on search with Yahoo (YHOO), as the risk/reward ratio of such a deal would not be favorable to Google. The firm expects Yahoo's stock to rise over the next few months but it keeps a Market Perform rating on the shares.
June 15, 2013
15:13 EDTGOOGRaven collaborates with Google in improving Internet access to underserved areas
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June 14, 2013
16:00 EDTGOOGOptions Update; June 14, 2013
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10:10 EDTAXPOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Express (AXP) downgraded to Equal Weight from Overweight at Barclays... AngloGold (AU) downgraded to Sell from Neutral at UBS... DuPont (DD) downgraded to Neutral from Buy at BofA/Merrill... Myriad Genetics (MYGN) downgraded to Neutral from Buy at BofA/Merrill... Progress Software (PRGS) downgraded to Hold from Buy at Needham... Rubicon (RBCN) downgraded to Sell from Neutral at Goldman... Southern Company (SO) downgraded to Hold from Buy at Jefferies... SunTrust (STI) downgraded to Neutral from Buy at UBS... Wells Fargo (WFC) downgraded to Neutral from Buy at Sterne Agee... FIS (FIS) downgraded to Neutral from Outperform at RW Baird... SM Energy (SM) downgraded to Hold from Buy at Societe Generale..Wells Fargo (WFC) downgraded at Sterne Agee.
09:36 EDTGOOGActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL ELN GOOG TSLA CLF NFLX
07:27 EDTGOOGTiVo volatility at historic lows after patent settlements
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07:15 EDTGOOGFacebook to stop showing search ads, AllThingsD says
Facebook will no longer show ads in its search results, according to AllThingsD. Reference Link
07:12 EDTGOOGLarge Internet companies could be hurt by spying revelations, Politico says
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