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Stock Market & Financial Investment News

News For VZ;INTC;GOOG;QCOM;CSCO;FIRE;BRCD;VMW;RHT From The Last 14 Days
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October 23, 2014
07:45 EDTGOOGGoogle's DeepMind acqui-hires two AI teams in the U.K.
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06:27 EDTVZSpherix provides litigation update
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05:58 EDTVZVerizon makes investment in Flint Mobile, TechCrunch reports
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October 22, 2014
13:14 EDTGOOGMarathon Patent Group files patent fringement lawsuits against Apple, Amazon
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13:11 EDTGOOGFirm says Chromebook shipments surged 67% in Q2
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13:06 EDTGOOGGoogle introduces Inbox on blog
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11:25 EDTVMW, CSCOCisco sale of VCE stake to have limited impact, says Wells Fargo
Wells Fargo thinks Cisco's (CSCO) decision to sell a portion of its stake in VCE is unlikely to have a material near-to-intermediate-term impact on the company's top line since it will continue to sell its networking and compute solutions to the joint venture. Wells says Cisco's "budding" partnerships with NetApp (NTAP), Microsoft (MSFT) and Citrix (CTXS) should more than offset any potential impacts from lessening ties to EMC (EMC) and VMware (VMW).
10:09 EDTVMWOn The Fly: Analyst Downgrade Summary
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09:21 EDTGOOGOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Dow Chemical (DOW), up 3.7%... iRobot (IRBT), up 12%... Six Flags (SIX), up 13%... GlaxoSmithKline (GSK), up 2%... Broadcom (BRCM), up 7%... Boston Scientific (BSX), up 4.3%... Abbott (ABT), up 1.8%... Yahoo! (YHOO), up 6%. ALSO HIGHER: Blue Earth (BBLU), up 26.4% after CEO says statements in Seeking Alpha blog are "false and misleading."... GW Pharmaceuticals (GWPH), up 5.4% after Epidiolex receives orphan designation from EMA. DOWN AFTER EARNINGS: 3D Systems (DDD), down 15%... Biogen (BIIB), down 7%... Lumber Liquidators (LL), down 13.4%... Norfolk Southern (NSC), down 3%... Angie's List (ANGI), down 8.8%. ALSO LOWER: Nanosphere (NSPH), down 33% after filing secondary, reporting preliminary Q3 revenue... Himax Technologies (HIMX), down 16% after announcing that Google (GOOG) will not exercise an additional investment option in the company... Cree (CREE), down 10.5%, downgraded at DA Davidson and Canaccord following the company's Q1 earnings results... Ocwen Financial (OCN), down 7% after downgraded to Hold at Evercore, downgraded to Neutral at BofA Merrill Lynch... VMware (VMW), down 7.8%, downgraded at Nomura and Raymond James following the company's Q3 results.
09:08 EDTVMWVMware risk/reward still compelling, says Pacific Crest
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08:30 EDTVMWVMware billings growth below expectations, says FBR Capital
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08:18 EDTCSCO, INTC, VMWVCE to become an EMC company
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07:52 EDTINTCIntel recent weakness a buying opportunity, says Jefferies
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07:50 EDTVMWVMware price target lowered to $106 from $125 at UBS
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07:49 EDTVMWVMware shares attractive at current levels, says RBC Capital
After VMware reported softer than expected billings and declined to reiterate its previous 2015 guidance, RBC Capital cut its price target on the name to $105 from $120. The firm finds the results disappointing but thinks the stock looks attractive at current levels. It cut its price target on the name to $105 from $120 but keeps an Outperform rating.
07:48 EDTVMWVMware downgraded to Outperform from Strong Buy at Raymond James
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06:44 EDTINTCIntel may face challenges over CPU product line in 2Q15, DigiTimes reports
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06:41 EDTVMWVMware downgraded to Neutral from Buy at Nomura
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06:26 EDTINTCIntel Capital announces investments from China Smart Device Innovation Fund
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06:24 EDTGOOGGoogle announces continued progress on fighting piracy
Google is refining its search algorithm designed to demote links to sites featuring content that allegedly infringes on copyrights, the company said in a blog post. Google says "We’ve now refined the signal in ways we expect to visibly affect the rankings of some of the most notorious sites. This update will roll out globally starting next week." Reference Link
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