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Stock Market & Financial Investment News

News Breaks
April 24, 2012
06:14 EDTVIVHY, AAPL, WMT, PFE, ADBE, NSRGY, GMOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The Mexican government said it won't investigate Wal-Mart de Mexico SAB (WMT) amid allegations that the company paid bribes in Mexico to speed permits for new store openings, the Wall Street Journal reports...GM (GM) CEO Dan Akerson said he will lead the company until "the board has had enough of me," and that he prefers his successor to come from within the company, the Wall Street Journal reports...Adobe Systems (ADBE) is reinventing itself as a one-stop technology shop for marketing departments, the Wall Street Journal reports..REUTERS: China's capital rules ban its citizens from investing directly in Apple (AAPL) so they're seeking a part of the iPhone maker's success by buying shares in its suppliers, Reuters reports...BLOOMBERG: Nestle (NSRGY) may sell up to $1.8B of the infant nutrition assets it is buying from Pfizer (PFE) as antitrust concerns in some countries force divestitures, sources say, Bloomberg reports...Vivendi's (VIVHY) Universal Music Group has received interest from companies including Providence Equity Partners and Bertelsmann AG for music-publishing catalogs it’s selling, sources say, Bloomberg reports.
News For WMT;GM;ADBE;AAPL;NSRGY;PFE;VIVHY From The Last 14 Days
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April 7, 2014
16:28 EDTPFEOn The Fly: Closing Wrap
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16:01 EDTAAPLOptions Update; April 7, 2014
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14:16 EDTGMGroup says General Motors' Impala could have air bag defect, Bloomberg reports
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14:06 EDTAAPLApple slips to lows of the day, levels to watch
Shares were last at $522.56, just off the session low. At current price, next support is at $517.35. Resistance is at $527.67.
12:15 EDTPFEOn The Fly: Midday Wrap
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11:17 EDTGMGeneral Motors upgraded to Buy from Hold at Standpoint Research
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10:40 EDTPFEPfizer trades near lows of the day, levels to watch
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09:34 EDTAAPLActive equity options trading on open
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09:10 EDTPFEOn The Fly: Pre-market Movers
HIGHER: Questcor (QCOR), up 27% after agreeing to be bought by Mallinckrodt (MNK) for cash, stock valued at $86.10 per Questcor share... Agios Pharmaceuticals (AGIO), up 25% after program shows "promising clinical activity" for advanced blood cancers, shares upgraded at JPMorgan... Vocus (VOCS), up 47% after agreeing to be acquired by GTCR for $446.5M, or $18.00 per share... Pandora (P), up 1.3% following upgrade at Wedbush. LOWER: MannKind (MNKD), down 13% after announcing FDA extension of PDUFA date for Afrezza... American Eagle (AEO), down 2.2% following downgrade at Cowen... Pfizer (PFE), down 2.8% after announcing data for palbociclib in metastatic breast cancer... Mattel (MAT), down 3% following downgrade at BMO Capital... WWE (WWE), down 1.2% after cautious mention in Barron's, company announcing WrestleMania 30 grossed $10.9M.
09:09 EDTPFEConfusion on Pfizer Palbo could create buying opportunity, says BMO Capital
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09:00 EDTPFEPfizer falls 2.8%
Pfizer is down 2.8%, or 90c, to $31.25
08:45 EDTAAPLInvenSense price target raised to $27 from $20 at Pacific Crest
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07:51 EDTAAPLApple sent iTV panel samples from Korean display maker, Korea Herald says
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07:37 EDTAAPLApple considered dumping long-time ad agency, WSJ reports
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07:27 EDTPFEAmerican Association of Cancer Research to hold annual meeting
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07:23 EDTNSRGYNestle's chairman Brabeck to step down in FY17, Reuters says
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07:16 EDTAAPLRetailers muscle into competitive mobile payment market, Reuters says
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06:36 EDTAAPLApple's sales force worried about iPhone outlook, Re/code reports
Apple's (AAPL) sales force has been worried about weakness in the iPhone's market share, amid strong competition from Google's (GOOG) Android operating system, a document presented in a court case showed, Re/code reported on Friday. According to the internal Apple document, the only portions of the smartphone market showing growth were large devices costing more than $300 or devices that cost less than $300, the website stated. Reference Link
06:35 EDTGMGM investors keep faith as recall reduces $3B in value, Bloomberg says
A variety of institutional investors in GM say they still feel confident in the stock after the recall crisis reduced more than $3B in shareholders’ value over four weeks, reported Bloomberg. Reference Link
06:29 EDTGMGeneral Motors considers range of options for victim-compensation, WSJ says
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