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News Breaks | | | | August 17, 2012 | | 16:20 EDT |  | SJM, TWC, VZ, GRPN, SHCAY, CMCSA, GPS, NUS, VOD, MRVL | On The Fly: Closing Wrap
Stocks began the day in quiet fashion and generally ignored the economic reports that were released shortly after the open. The averages spent the session hugging the flat line as the news flow slowed and investors stayed on the sidelines ahead of one of the final weekends of the summer. The action was subdued despite today being option expiration as traders rolled their out their positions with little fanfare. Even so, the Dow climbed above its highest closing level since 2007 … ECONOMIC EVENTS: August consumer sentiment improved in to its highest level in three months due to sales at retailers and low mortgage rates. A measure of future U.S. economic activity recovered in July following a sharp drop in June, according to the Conference Board. Gas prices have climbed 25c per gallon in the past month after falling steadily in May and June. German Chancellor Angela Merkel backed the European Central Bank's conditional support for Spain and Italy, expressing no objections to acquiring bonds to hold down borrowing costs for stricken countries... MARKET NEWS: The Department of Justice has allowed the pending spectrum and marketing deals between Verizon Wireless (VZ, VOD) and several cable companies (CMCSA, TWC) to move forward. Stanford University reiterated its "long-standing research-based relationship" with Nu Skin (NUS). Hon Hai may look to raise its stake in Sharp (SHCAY) to 20%, according to a report from Nikkei... MAJOR MOVERS: Among the notable gainers were J.M. Smucker (SJM), up 5.2% to $83.05 after beating Q1 estimates and guiding FY13 EPS to the high end of its range; and Gap (GPS), up 4.8% to $36.00 after it reported better-than-expected Q2 earnings. Noteworthy losers included Groupon (GRPN), down 5% to $4.75 after it was downgraded to Underweight at Evercore; and Marvel (MRVL), down 14.2% to $10.54 after it reported disappointing Q2 results and guidance…INDICES: The Dow rose 25.09 to 13,275.20, the S&P gained 2.65 to 1,418.16, and the Nasdaq added 14.20 to 3,076.59. | |
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News For VZ;VOD;CMCSA;TWC;NUS;SHCAY;SJM;GPS;GRPN;MRVL From The Last 14 Days Check below for free stories on VZ;VOD;CMCSA;TWC;NUS;SHCAY;SJM;GPS;GRPN;MRVL the last two weeks. |
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| May 22, 2013 | | 19:29 EDT |  | GPS | Gap shares may be overheated, WSJ says
 Subscribe for More Information | | | 19:07 EDT | | TWC | Cable companies not thrilled with channel rebrandings, Bloomberg says
Cable companies, including DirecTV (DTV) and Time Warner Cable (TWC), are not thrilled with the rebranding of low-rated channels, complaining they have no control over the changes and are wary networks will demand more money for unproven shows, reports Bloomberg. Reference Link | | | 11:48 EDT |  | VOD | Vodafone named a long Research Tactical Idea at Morgan Stanley
Subscribe for More Information | | | 08:42 EDT | | VOD, VZ | Vodafone an attractive way to play trends at Verizon Wireless, says RW Baird at RW Baird
Subscribe for More Information | | | 07:42 EDT |  | VZ | Barclays to host a conference
Subscribe for More Information | | | 07:29 EDT | | CMCSA, TWC | Xbox won't hurt pay TV companies in near-term, AllThingsD says
Subscribe for More Information | | | 07:24 EDT | | VZ, CMCSA | NetEvents International to host a summit
Subscribe for More Information | | | 07:10 EDT | | SHCAY | Samsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
Subscribe for More Information | | | 07:08 EDT | | VOD, VZ | Phone companies start selling subscriber data, WSJ reports
Subscribe for More Information | | | 06:02 EDT | | SHCAY, VOD, VZ | On 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. | | | | May 21, 2013 | | 14:50 EDT | | GPS | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | 07:38 EDT | | VOD | IPO for Vodafone's India unit unlikely in 2013, Reuters reports
Subscribe for More Information | | | 07:32 EDT | | VZ | CTIA–The Wireless Association to host a conference
Subscribe for More Information | | | 07:29 EDT |  | GPS | Gap May volatility elevated, shares at 13-year high into Q1 and outlook
Gap May weekly call option implied volatility is at 56, June is at 31, July and September is at 28; compared to it 26-week average of 33 according to Track Data, suggesting larger near price movement into the expected release of Q1 results on May 23. | | | 06:52 EDT | | CMCSA, TWC | Video on demand from cable companies becoming more popular, NY Times says
Subscribe for More Information | | | 05:57 EDT |  | VOD | Vodafone sees FY14 adjusted operating profit 12.0B-12.8B pounds
Subscribe for More Information | | | 05:56 EDT | | VOD | Vodafone reports FY13 adjusted profit 11.96B pounds vs. 11.53B pounds a year ago
Subscribe for More Information | | | 05:50 EDT | | VZ, VOD | Vodafone to invest $3.15B Verizon dividend on business, WSJ reports
Vodafone Group said it will keep the $3.15B dividend payment it will receive from Verizon Wireless and invest it in its flagging operations in Europe, which weighed heavily on its full-year profit, reports the Wall Street Journal. Reference Link | | | May 20, 2013 | | 13:45 EDT |  | CMCSA | Comcast's NBC names new news president
Subscribe for More Information | | | 07:43 EDT | | VOD | Vodafone ends relationship with BT, Reuters reports
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