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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
Check below for free stories on VZ;INTC;GOOG;QCOM;CSCO;FIRE;BRCD;VMW;RHT the last two weeks.
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May 14, 2013
09:25 EDTGOOGGoogle to expand Fiber service to Gladstone, Missouri
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08:57 EDTFIRESourceFire management to meet with UBS
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07:32 EDTGOOGGoogle ordered to change search hints by German court, AP reports
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06:52 EDTGOOGGoogle likely to focus on new Android services at conference, AllThingsD says
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May 13, 2013
16:48 EDTVZVerizon Wireless to make $7B payment to Verizon, Vodafone
Verizon (VZ) disclosed in a regulatory filing that on May 9, the board of representatives of Verizon Wireless declared distributions to its owners in the aggregate amount of $7B, payable on June 25 in proportion to their respective partnership interests on the date of such distribution. Based on current ownership interests in Verizon Wireless, Verizon will receive cash payments aggregating $3.85B and Vodafone (VOD) will receive cash payments aggregating $3.15B.
13:21 EDTGOOGGoogle unifies storage limit, says 15 GB available free across services
Google announced earlier in a blog post that its users will now get 15 GB of unified storage for free to use between Drive, Gmail, and Google+ Photos. The changes to Google Drive storage will roll out over the next couple of weeks and Google Apps users will also be getting shared storage, the company said. Reference Link
10:09 EDTCSCOOn The Fly: Analyst Upgrade Summary
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08:29 EDTFIRESourceFire management to meet with UBS
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08:19 EDTRHTRed Hat becoming innovator, says Wells Fargo
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08:14 EDTGOOGGoogle volatility at low end of range as shares near record high into Google I/O
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07:49 EDTGOOGGoogle price target raised to $950 from $875 at BofA/Merrill
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07:34 EDTCSCOCisco upgraded to Market Perform from Underperform at FBR Capital
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07:31 EDTCSCOBrightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.
07:30 EDTINTCTechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.
07:29 EDTVZSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
07:09 EDTCSCOCisco finds difficulties as it diversifies, WSJ reports
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07:04 EDTCSCOCisco May volatility elevated at 59 into Q3 and outlook
Cisco May call option implied volatility is at 59, June is at 28, July is at 25; compared to its 26-week average of 26 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results after the market close on May 15.
07:02 EDTCSCOCisco Q3 results likely to be mixed, says Piper Jaffray
Piper Jaffray expects Cisco to report in-line Q3 earnings and margins on May 15, but lowered its revenue estimate for the quarter as it believes demand in April was challenging. However, the firm sees limited share downside from current levels and reiterates an Overweight rating on the stock with a $25 price target.
06:40 EDTGOOG Facebook Home not very popular so far, AllThingsD says
Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link
06:05 EDTCSCOOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports.
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