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Stock Market & Financial Investment News

News Breaks
June 24, 2014
09:23 EDTGIGA, XGTI, VRTX, OHRP, MU, RDEN, GOOG, KNOP, SAIC, WAG, WWWWOn The Fly: Pre-market Movers
HIGHER: Vertex (VRTX), up 48% after Phase 3 studies of Lumacaftor/Ivacaftor met primary endpoint... xG Technology (XGTI), up 65% after teaming up with Science Applications International (SAIC) to provide services to CERDEC... Micron (MU), up 1% after upgraded at Needham following better than anticipated Q3 earnings. LOWER: Web.com (WWWW), down 9.3% after downgraded at B. Riley following Google's (GOOG) entrance into domain registration... Elizabeth Arden (RDEN), down 7.6% after Chief Marketing Officer resigns, company announces restructuring... Walgreens (WAG), down 1% after reporting lower than expected Q3 earnings and saying it is experiencing increased pressure on pharmacy gross profit margins... Giga-tronics (GIGA), down 14.5% after Q4 results are lower than analyst's expectations... KNOT Offshore Partners (KNOP), down 7.4% after filing to sell 4.6M common units... Ohr Pharmaceuticals (OHRP), down 12.3% after the company said that there were no significant differences in the frequency of Lucentis PRN injections, which was the primary endpoint of its Squalamine eye drop Phase II study.
News For WWWW;GOOG;VRTX;WAG;RDEN;XGTI;SAIC;MU;GIGA;KNOP;OHRP From The Last 14 Days
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August 21, 2015
13:50 EDTGOOGOn The Fly: Weekly technical notes, Gold, S&P 500, Germany, China, Energy
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13:38 EDTGOOGGoogle says brings tweets to mobile Google search app, desktop
In May, Google announced that it was bringing Tweets to Google Search on mobile devices. The company today updated the blog entry to say that it has "extended this to the desktop now, too, and in English everywhere." Reference Link
11:12 EDTGOOGQualcomm reportedly to enter consumer drone market
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10:34 EDTGOOGSamsung working on Android tablet with 18.4-inch display, Sam Mobile reports
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08:11 EDTGOOGDaimler AG could collaborate with Google, Apple, Reuters says
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07:04 EDTXGTIxG Technology announces expansion of business partner program
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06:18 EDTGOOGGoogle's Brin says life sciences group to become standalone company
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06:01 EDTGOOGABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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05:55 EDTGOOGGoogle building EUR150M data center in West Dublin, Independent.ie reports
Google is investing EUR150M to build a new data center in West Dublin, Ireland, Independent.ie reports. The first construction phase, which will create 400 jobs, is expected to be completed later this year. Reference Link
August 20, 2015
19:35 EDTGOOGGoogle tests video ads in search results, Digiday says
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18:59 EDTGOOGGoogle, Amazon, private equity compete for Indian data center unit, ET says
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16:00 EDTMUOptions Update; August 20, 2015
iPath S&P 500 VIX Short-Term Futures up 1.49 to 17.70. Option volume leaders: AAPL BAC FB NFLX DIS INTC BABA MU
12:56 EDTGOOGSmall drones bringing air traffic problems in U.S., Washington Post reports
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11:45 EDTGIGAKeysight Technologies soars after Q3 results, FY15 guidance top estimates
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11:12 EDTMUStocks with call strike movement; MU TWTR
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10:00 EDTMUOn The Fly: Analyst Downgrade Summary
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09:20 EDTMUOn The Fly: Pre-market Movers
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07:28 EDTMUBaird downgraded Micron to Neutral on falling DRAM prices
Baird analyst Tristan Gerra downgraded Micron to Neutral from Outperform and lowered his price target to $15 from $36 on DRAM price concerns. Gerra believes blended DRAM pricing could fall 20%+ between now and next year, down to fully loaded costs before capacity cuts take place. The analyst said continued PC unit weakness, soft enterprise server, mobile DRAM weakness, and excess channel inventories are causing the current downturn. Gerra expects Micron's gross margin and earnings to bottom in the February quarter and sees little upside potential until then.
07:06 EDTGOOGGoogle loses some user data due to Belgium lightning strike, BBC News reports
Google has lost some data due to a lightning strike in Belgium, BBC News reports. While lightning did not strike the company's data center, the local power grid was struck by lightning four times, and some users' data has been permanently lost as a result. Reference Link
05:56 EDTGOOGGoogle Express to shut down two California delivery hubs, Re/code says
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