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Stock Market & Financial Investment News

News Breaks
January 22, 2014
05:36 EDTYHOO, T, CSCOCEOs voice concerns over NSA, WSJ reports
In Davos, Switzerland, Yahoo (YHOO) CEO Marissa Mayer said she wants the Obama administration to provide greater transparency on the data collected by the National Security Agency, reports the Wall Street Journal. Cisco (CSCO) CEO John Chambers thinks governments need to develop a common set of rules on privacy. And, AT&T (T) CEO Randall Stephenson wants customers to have the final word on their privacy. Reference Link
News For YHOO;CSCO;T From The Last 14 Days
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April 11, 2014
06:03 EDTCSCOCisco issues advisory on Heartbleed bug
Cisco issued an advisory stating that a long list of products were either confirmed vulnerable or under investigation for the Heartbleed bug. Among the 16 products confirmed vulnerable are the Cisco Unified Communication Manager 10.0, Cisco MS200X Ethernet Access Switch and several Cisco Unified IP Phones. Reference Link
April 10, 2014
14:54 EDTYHOOYahoo volatility increases as shares trend lower
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06:48 EDTYHOOYahoo's strategy similar to past efforts, Re/code says
Yahoo, which is reportedly looking to become a major player in Internet video, was working on similar initiatives in mid-2012, according to Re/code. Reference Link
06:29 EDTTAT&T in talks to bring ultrafast internet to North Carolina, WSJ reports
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06:26 EDTYHOOYelp deal with Yahoo receives criticism from small business owners, WSJ reports
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06:04 EDTYHOOYahoo hires Bobbi Brown to be editor-in-chief of beauty site, Re/code reports
Yahoo (YHOO) has hired Bobbi Brown, the creator of Bobbi Brown Cosmetics (EL), to be the editor-in-chief of its beauty site, Re/code reports, noting that several of Yahoo's big advertisers -- L'Oreal (LRLCY), Procter & Gamble (PG) and Unilever (UN, UL) -- are competitive with Bobbi Brown Cosmetics. Reference Link
April 9, 2014
14:37 EDTYHOOYahoo likely to report 'tepid' quarter, BGC says
BGC's Colin Gillis said he expects Yahoo to report another "tepid quarter" when it reports earnings next week, with the firm expecting revenue to be flat year-over-year with underlying metrics that are discouraging. Gillis added that the near-term valuation for Yahoo's stake in Alibaba, which has aided investor enthusiasm for Yahoo, has likely peaked, and the firm maintains a Hold rating and $34 price target on shares.
11:40 EDTCSCOCisco to participate in a conference call with Sanford Bernstein
Bernstein Analyst Ferragu hosts a conference call with Cisco's SVP Jiandani to discuss Cisco's Application Centric Infrastructure (ACI) on April 10 at 11 am. Webcast Link
11:15 EDTTT-Mobile unveils $40 monthly price plan called 'Simple Starter'
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April 8, 2014
12:24 EDTYHOOYahoo quarter 'lackluster,' near deal for Chief Revenue Officer, Re/code says
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10:28 EDTCSCOHigh option volume stocks: GIMO SOCL SPLK NOK CSOD
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10:03 EDTCSCOOn The Fly: Analyst Downgrade Summary
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09:09 EDTCSCOOn The Fly: Pre-market Movers
HIGHER: BioScrip (BIOS), up 6.7% after stock was named as a stock pick and a potential takeover target by Oscar Schafer while speaking on CNBC... Nokia (NOK), up 5% after deal to sell substantially all of its Devices & Services business to Microsoft (MSFT) receives regulatory approval in China... Ctrip.com (CTRP), up 4.6% after Bloomberg said, citing sources, that the company is in talks with Baidu-controlled (BIDU) Qunar (QUNR) about a partnership or a potential merger... Plug Power (PLUG), up 4.6% after CEO discusses plan to expand fuel cells to trucks in interview... FireEye (FEYE), up 2.5% following upgrade at Wedbush... Twitter (TWTR), up 2% following initiation of coverage with a Buy rating at at Janney Capital... Nike (NKE), up 1.75% after upgraded at Stifel. LOWER: Gigamon (GIMO), down 23% after lowering revenue outlook, shares downgraded at Pacific Crest... LivePerson (LPSN), down 3% after announcing resignation of EVP, Worldside Sales, shares downgraded at Benchmark... Cisco (CSCO), down 0.5% following downgrade to Hold from Buy at Wunderlich.
07:52 EDTTComcast, Time Warner execs go before critic at hearing, Reuters says
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07:28 EDTYHOOFour Internet stocks attractive after pullbacks, says Stifel
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07:14 EDTTAT&T wants to force customers in Alabama town to switch to wireless, WSJ reports
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06:17 EDTCSCOCisco downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded its rating on Cisco (CSCO) shares to Hold from Buy saying its recent interviews with industry participants show less interest in the company's product suite. Wunderlich believes shares of Cisco are close to fully valued and lowered its price target for shares to $24 from $25. The stock closed yesterday up 14c to $22.85.
April 7, 2014
13:51 EDTTAT&T's U-verse experiencing widespread outage, Mashable reports
AT&T's U-verse service is currently experiencing a massive, nationwide outage, Mashable reports. A spokesperson for the company explains, "Due to a power-related issue triggered by a third-party at our video hub, U-verse customers may be experiencing a loss of national channels. Technicians are working to resolve the issue and we expect to have service fully restored by early afternoon. We apologize for this inconvenience." Reference Link
08:15 EDTCSCOCisco, Sony collaborate on live delivery of full-frame rate 4K 60P content
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April 6, 2014
14:21 EDTYHOOYahoo plans to acquire bigger budget TV programming, WSJ says
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