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Stock Market & Financial Investment News

News For GE;FB;BHP;CRM;ORCL;MSFT From The Last 14 Days
Check below for free stories on GE;FB;BHP;CRM;ORCL;MSFT the last two weeks.
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June 11, 2013
07:25 EDTGEInternational Economic Forum of the Americas to host a forum
19th Conference of Montreal is being held in Montreal, Canada on June 10-13.
06:55 EDTMSFTSony's PlayStation 4 priced $100 below Microsoft's Xbox One, Bloomberg says
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05:46 EDTGEGE Healthcare to invest $2B in software development over next five years
GE Healthcare announced its plans to invest $2B over the next five years to accelerate the development of innovative software for healthcare systems and applications. Specifically, this $2B investment will be focused on maximizing asset performance; improving hospital operations management; improving clinical effectiveness; and optimizing care across entire populations. Key focus areas include: Caring for more patients as a result of scheduling efficiencies, faster data entry, proactive asset management, clinical decision support and financial gains that allow for expansion. Reducing costs by optimizing workflow in care delivery, minimizing payment cycles, maximizing reimbursement rates and eliminating unnecessary waste. Minimizing rework and redundancies by enhancing collaboration and making patient information universally accessible.
June 10, 2013
17:38 EDTMSFTGameStop now taking pre-orders for Xbox One
GameStop (GME) is now taking pre-orders on Microsoft’s (MSFT) next generation, all-in-one gaming and entertainment system, the Xbox One. Pre-orders for the Xbox One can be made at any U.S. GameStop store location or online with a $100 deposit that will be applied toward the $499 cost of the console.
14:47 EDTMSFTMicrosoft Bing search results integrated in Apple update of Siri
13:59 EDTMSFTMicrosoft says Xbox One to cost $499 in U.S., to launch in November
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12:45 EDTMSFTMicrosoft announces new Xbox 360 design, available starting today
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12:11 EDTFBOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14.
10:57 EDTFBFacebook advances following upbeat Street research
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10:52 EDTGEGreen Dot rises after taking over Wal-Mart prepaid cards from GE
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10:28 EDTFBFacebook rises after upgrade, levels to watch
Shares are currently up over 5%, broadly outperforming the sector and peers, following an upgrade earlier today to Buy at Stifel. At the current price of $24.49, next resistance is at $25. This is an important technical level as it has been both support and resistance. Support is currently at $24.10.
09:28 EDTFBOn The Fly: Pre-market Movers
HIGHER: Monsanto (MON), up 3.5% after Monsanto following upgrade at Macquarie, comments from Morgan Stanley on implications of potential approval of product in China... Facebook (FB), up 3.1% following upgrade at Stifel, JPMorgan reiterating its Overweight rating on shares... Apricus Biosciences (APRI), up 14% after announcing European approval for ED drug Vitaros... McDonalds (MCD), up 1.8% after May global comp sales rose 2.6%. LOWER: Tesla (TSLA), down 3.2% following cautious mention over weekend in Barron's magazine... Titan International (TWI), down 5.8% following downgrades by at least three firms... Dynavax (DVAX), down 29% after reporting feedback from FDA meeting regarding Heplisav.
08:52 EDTGEGreen Dot to acquire GE Bank prepaid cards with 'Walmart' branding
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08:47 EDTGEGreen Dot to acquire GE Bank 'Walmart' marked prepaid cards
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07:41 EDTFBJPMorgan reiterates Overweight on Facebook after weakness
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07:40 EDTFBNielsen says social media dominates smartphones, tablets, LAT reports
A report recently released from Nielsen suggests that consumers use their smartphones and tablets for a number or reasons, however, time spent on social networking exceeds that of streaming videos or accessing sports, reported The Los Angeles Times. Reference Link
07:17 EDTMSFT, ORCLStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
07:09 EDTMSFTE3 show not attracting video-game rising stars, WSJ reports
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06:55 EDTFBFacebook upgraded to Buy from Hold at Stifel
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06:09 EDTCRMSalesforce.com price target raised to $65 from $51.75 at Wunderlich
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