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News Breaks | | | | April 13, 2012 | | 16:16 EDT |  | PWAV, AAPL, WFC, CSTR, GOOG, TLB, LNG, JPM | On The Fly: Closing Wrap
Stocks on Wall Street were lower, as a report that indicated slowing growth in China weighed on sentiment. Stock futures were lower in pre-market trading, leading to a lower open for the market. The selling gained momentum following the slightly disappointing University of Michigan consumer confidence reading. The averages pared their losses by midday but weakness in shares of Google (GOOG) and Apple (AAPL) kept the Nasdaq lagging the other averages. As the news flow began to slow the market drifted in a narrow range, until a late sell-off pushed the averages to new lows into the closing bell... ECONOMIC EVENTS: In the U.S., the headline consumer price index rose 0.3% in March, while the core reading which removes food and energy was up 0.2%, with both readings matching expectations. The consumer sentiment index fell to 75.7, versus expectations of 76.2. In China, the nation's gross domestic product grew at its slowest pace in three years, rising only 8.1%, when published forecasts were near 8.4% and "whisper numbers" for the growth rate were even higher. In Europe, the cost of insuring against a Spanish default jumped to an all-time record as investors fear the nation may become the fourth, and by far the largest, euro-region member to need a bailout... COMPANY NEWS: Wells Fargo (WFC) and JP Morgan (JPM), the nation's two largest home lenders, kicked off bank earnings season by reporting better than expected profits, with strong mortgage results helping revenue at both. However, both banks slid amid a broad decline in financial stocks, with Wells Fargo falling $1.18, or 3.47%, to $32.84 and JP Morgan losing $1.63, or 3.64%, to $43.21... Google's earnings beat consensus estimates but more attention was paid to the company's announcement of a novel new share structure. Google's creation of a new class of nonvoting shares, to be distributed to existing stockholders effectively producing a 2-for-1 stock split, will let the company issue new shares without diluting the founders’ voting power, which raised concern among corporate-governance watchdogs... MAJOR MOVERS: Among the notable gainers were Cheniere Energy (LNG), up $1.12, or 7.13%, to $16.82, ahead of the government's decision on the company's request to build a Louisiana plant to export liquefied natural gas, and Coinstar (CSTR), up $4.47, or 7.29%, to $65.78, after the company pre-announced higher than expected quarterly results. Noteworthy losers included Powerwave Technologies (PWAV), down 84c, or 39.07%, to $1.31, following its forecast of Q1 revenue well below the consensus estimate, and Talbots (TLB), down 46c, or 14.70%, to $2.67, after its Q4 results and Q1 guidance both disappointed... INDICES: The Dow lost 136.99, or 1.05%, to 12,849.59; the Nasdaq fell 44.22, or 1.45%, to 3,011.33; and the S&P 500 dropped 17.31, or 1.25%, to 1,370.26. | |
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News For WFC;JPM;GOOG;AAPL;LNG;CSTR;PWAV;TLB From The Last 14 Days Check below for free stories on WFC;JPM;GOOG;AAPL;LNG;CSTR;PWAV;TLB the last two weeks. |
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| June 18, 2013 | | 16:00 EDT |  | AAPL | Options Update; June 18, 2013
 Subscribe for More Information | | | 10:41 EDT |  | AAPL | Leak points to mass production of iPhone 5S display, BGR says
Subscribe for More Information | | | 09:38 EDT | | AAPL, GOOG | Active 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 EDT |  | GOOG | O'Reilly Media to hold a conference
Subscribe for More Information | | | 07:29 EDT | | GOOG | Securities Industry and Financial Markets Association to host a conference
Subscribe for More Information | | | 06:17 EDT | | AAPL, GOOG | Taiwan 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 | | 16:00 EDT | | AAPL | Options Update; June 17, 2013
Subscribe for More Information | | | 15:29 EDT |  | GOOG | Google'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 | | | 11:52 EDT | | GOOG | Google settles shareholder litigation over new Class C stock
Subscribe for More Information | | | 11:31 EDT | | AAPL | Huawei to unveil new phone to compete with Galaxy, iPhone, WSJ says
Huawei Technologies will launch it's flagship smartphone, the Ascent P6, in the company's first stand-alone global product launch, creating even more competition in the crowded premium smartphone space dominated by Samsung (SSNLF) and Apple (AAPL), reported The Wall Street Journal. Reference Link | | | | 11:18 EDT | | AAPL, GOOG | Samsung 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 | | | 11:15 EDT | | AAPL | Samsung Jay-Z give-away could help in fight with Apple, WSJ says
Subscribe for More Information | | | 09:40 EDT | | GOOG, AAPL | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG CLF TSLA CRM. | | | 09:36 EDT | | JPM | JPMorgan reports May net credit losses 3.34% vs. 3.49% last month
Reports May delinquency rate 1.60% vs. 1.70% last month. | | | 09:15 EDT |  | GOOG | Yahoo 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. | | | 08:09 EDT | | JPM | JPMorgan confirms launch of asset tracking service
Subscribe for More Information | | | 07:50 EDT | | JPM | Move to relaunch synthetic CDOs falls apart, FT reports
Subscribe for More Information | | | 07:42 EDT | | JPM | JPMorgan to begin asset tracking service, FT reports
Subscribe for More Information | | | 07:31 EDT | | WFC | DNV KEMA to host a forum
Subscribe for More Information | | | 07:13 EDT | | JPM | Bank profits seen hurt by rising rates with no growth, Bloomberg reports
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