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Stock Market & Financial Investment News

News Breaks
November 30, 2012
15:55 EDTFB, VIX, BAC, GOOG, AAPL, FOptions Update; November 30, 2012
CBOE Volatility Index-VIX up 1.02 to 16.08. Option volume leaders: F BAC FB GOOG AAPL according to Track Data.
News For VIX;F;GOOG;FB;AAPL;BAC From The Last 14 Days
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May 22, 2013
19:49 EDTFFord to close factory, plant in Australia, News Limited reports
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16:00 EDTGOOGOptions Update; May 22, 2013
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14:27 EDTFB, GOOGcomScore says Google Sites lead April U.S. online video rankings
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14:06 EDTGOOGGoogle’s X Phone confirmed for Sprint, BGR says
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12:07 EDTAAPLConsumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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11:06 EDTFAuto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80.
10:37 EDTFBPandora extends Facebook partnership with timeline App
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09:42 EDTAAPLApple rises in early trading, levels to watch
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09:39 EDTAAPL, GOOGActive equity option families trading
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09:02 EDTBACFinancials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list.
08:58 EDTFBFacebook management to meet with Deutsche Bank
Meeting to be held in New York on May 22 hosted by Deutsche Bank.
07:46 EDTFFord shares could rise 50% over next two years, Barron's says
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07:22 EDTBACDun & Bradstreet to hold a conference
2013 Access to Capital is being held in Chicago on May 22.
07:10 EDTAAPLApple bonds lose $280.6M as rates increase, Bloomberg reports
Apple’s bonds have lost $280.6M of market value since buyers bought $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, reports Bloomberg.Reference Link
07:09 EDTAAPLApple used unusual tax loophole in Ireland to shelter billions, Reuters reports
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06:02 EDTAAPLOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
05:36 EDTFFord raises N American capacity by 200K units, reduces summer shutdown, adds jobs
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May 21, 2013
19:39 EDTGOOGGoogle tax behavior to be criticized by U.K. party leader, Reuters says
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16:04 EDTAAPL, FOptions Update; May 21, 2013
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10:42 EDTGOOGGoogle tests support at $900, levels to watch
The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87.
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