2015년 2월 12일 목요일

Bidness Etc - Morning Update (February 12, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 12, 2015

Technology

eBay Inc To Give PayPal $5 Billion Cash Post-Spinoff

eBay will reportedly handout $5 Billion to PayPal, once the spinoff between the two completes. eBay is open for acquisition bids for its core business segment
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Apple Inc. Activation Lock Has Significantly Reduced iPhone Theft

Latest data has revealed that iPhone-related theft has been on the decline ever since Apple introduced the Activation Lock as a default feature in iOS 8
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Samsung Group To Introduce Three-Sided Screen On S6 To Counter Apple Inc.

Samsung will unveil the new S6 with a unique three-sided curved screen on March 1
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Google Inc Gives Apple, Microsoft 90 Days To Fix Security Flaws: Bloomberg

Google Project Zero has uncovered security flaws in Apple and Microsoft software, and has given the companies 90 days to fix the bug, Bloomberg reported
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Insider Selling: Merck & Co., Inc. (MRK), Motorola Solutions Inc (MSI), Pandora Media Inc (P), Qorvo Inc (QRVO)

Bidness ETC covers recent insider selling activity for the stocks of Merck, Motorola, Pandora, and Qorvo
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Starbucks Corporation App For Apple Inc. iOS Now Supports Apple Pay

Starbucks has rolled out a new update for its official app for the iPhone, allowing customers to use Apple Pay to reload their Starbucks Cards
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Expedia Inc To Buy Orbitz Worldwide (OWW) For $1.6 Billion

Online travel site Expedia said today that it has struck a deal to acquire rival Orbitz Worldwide for $12 a share, in an all-cash transactions which values Orbitz at around $1.6 billion
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Zulily Inc (ZU) Disappointing Q4 Results Send Stock Trading Down 26%

Zulily stock is down 26% in pre-market trading on Thursday, following the release of disappointing 4Q results
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Carl Icahn To Call For Aggressive Share Buyback At Apple Inc. (AAPL)

Carl Icahn recently published a letter stating that he was “pleased” with Apple’s board, and expects it to continue the share buyback program in the near future
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New York City Schools Granted Free Access To Microsoft Corporation Office 365

Local students and teachers can now use Office 365 software for educational purposes
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Apple Inc. Teams Up With Pinterest To Boost App Discovery

Apple has partnered up with Pinterest to give users the ability to download apps without leaving the Pinterest app
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Why Is Cisco Systems, Inc. (CSCO) Up Today?

Cisco reported its 2QFY15 earnings on Wednesday resulting in a surge in its stock price
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Google Inc Offers 2GB Of Free Drive Storage, Just Run Google Security Checkup

The tech giant is giving users the opportunity to gain an extra 2GB of storage in celebration of Safer Internet Day
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Baidu Inc (ADR) (BIDU) Falls After Q4 Earnings Miss, Soft Revenue Outlook

Baidu stock declined by 9% in pre-market today as the company reported a miss in fourth-quarter earnings and gave first quarter-revenue 2015 guidance that fell short of estimates
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Wunderlich Securities Sees 95% Upside Potential In Yelp Inc (YELP) Stock

The sell-side firm reiterated a $90 target price and Buy rating for Yelp stock, after it acquired online food ordering service, Eat24
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Advanced Micro Devices, Inc. Assigned $2 Price Target At Citi Research

Citi Research analyst Christopher Danely assigned a $2 price target on Advanced Micro Devices stock, while reiterating a Sell rating
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6 Reasons Why Apple Inc.’s Apple Watch Might Not Be A Blockbuster

The Apple Watch has created much hype in the market. However, there are plenty of reasons for it to not live up to expectations
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Twitter Inc Acquires Startup Niche To Boost Video Feature

Twitter has acquired Niche Project, a tech startup that allows video makers to connect with advertisers. This acquisition is expected to help Twitter boost its video feature
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Another Tech IPO To Look Out For: Inovalon Goes Public Today

Inovalon IPO is priced at $27, higher than the $24-26 guidance provided earlier. The deal has the necessary ingredients to become an instant success
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Alibaba Group (BABA) Third Most Innovative Organization: Fast Company

For the wide-array of services Alibaba provides its customers, it has been ranked as the third most innovative company by Fast Company
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QUALCOMM, Inc. (QCOM) Likely To Recover After Chinese NDRC Settlement, Says Argus

Argus Research analyst Jim Kelleher maintained his Buy rating on Qualcomm, after the chip-maker announced Monday it has reached a settlement with China’s National Development and Reform Commission
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Google Inc Android Wear Definitely Not A Crowd Favorite

The fate of the Android Wear might just be in the hands of Apple, as the market awaits the launch of the Apple Watch in April
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Smartphone Growth Slowdown; Worrying Sign For Apple Inc., Samsung

Smartphone growth is expected to slow down in developed markets but will continue to grow in emerging ones. Low-end smartphone segment competition heats up from Xiaomi, Huawei, Lenovo, and ZTE
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Chardan Reiterates Sell Rating On Himax (HIMX) Stock

Himax has been reaffirmed as a Sell by Chardan Capital Markets with a price target of $5
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Square To Decrease Reliance On Apple Inc. As Apple Pay Grows Popular

Square is working on decreasing its reliance on Apple gadgets in view of the growing popularity of Apple Pay. This move is a contradiction to Square CEO’s earlier statements regarding Apple Pay not being a competitor
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Industrials

Boeing Co Can’t Revive The 757

Boeing rejected the idea of a 757 revamp, saying that it aims to come up with an all-new model instead
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JetBlue Airways Corporation Announces January Revenue Passenger Miles

JetBlue announces its January traffic result, reporting an increase on traffic and capacity
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Basic Materials

Glencore’s (GLEN) Exit Strategy On Lonmin

Falling commodity prices trigger capital expenditure cuts in the mining sector
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Consumer Discretionary

Tesla Motors Inc’s (TSLA) Aggressive Capacity Expansion Plans For 2015

Bidness Etc takes a look at the capacity expansion plans highlighted by Tesla Motors Inc in its earnings release for the fourth-quarter of fiscal year 2014
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J C Penney Company Inc Partners With Walt Disney Co To Launch Cinderella Merchandise

J C Penney has expanded its partnership with Disney to introduce a new line of products, and promote the upcoming animated Cinderella movie. The retail giant seeks to enhance its flagging store traffic with this move
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Insider-Selling Update: Tesla Motors Inc (TSLA), General Motors Company (GM), And eBay Inc (EBAY)

Bidness Etc updates investors with the latest insider-selling activity for stocks of Tesla, General Motors, and eBay
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Tesla Motors Inc Losses Deepen Amid Weak Sales

Bidness Etc looks at the weak 4Q results released by Tesla, and analyzes why the automaker saw a drop in its earnings
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Here Is Why Tesla Motors Inc (TSLA) Missed Q4 Deliveries

Bidness Etc takes a look at the sales numbers released by Tesla for the fourth quarter of fiscal year 2014
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Tesla Motors Inc (TSLA) Posts Poor 4Q Results, Misses EPS And Revenue Estimates

Tesla Motors announces its fourth-quarter 2014 financial results, reports a miss on EPS and revenue estimates
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Piper Jaffray Raises Price Target On Western Union

Piper Jaffray increases its price target on Western Union from $15.50 to $17.50, maintains Hold rating
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Nomura Securities Raises Price Target On Coca Cola (KO)

Nomura Securities raises the price target on Coca Cola stock from $52 to $54, following strong fourth quarter results
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Energy

United Steelworkers, Royal Dutch Shell Negotiations To Resume Next Week

United Steelworkers And Royal Dutch Shell will be back on the table next week to resume negotiations for the biggest US refinery strike in over three decades. Shell representatives met with the union members on Tuesday, with no progress to be reported
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Petroleo Brasileiro Petrobras SA (ADR) Offshore Vessel Explosion Kills 3, Injures 10

In the latest round of unfortunate events surrounding Petrobras, an offshore rig explosion has resulted in the death of three workers, and has injured ten, while six remain missing
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Here’s Petroleo Brasileiro Petrobras SA (ADR) Former CEO’s Take On The Corruption Scandal

Bidness Etc looks at why the federal tribunal TCU wants Petrobras former CEO Jose Sergio Gabrielli’s assets to be frozen amid the ongoing corruption probe. Also, what Mr. Gabrielli thinks about the scandal is discussed below
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Google Inc To Power Headquarters Through NextEra Energy Inc Wind Farm

Google intends to substitute its less efficient energy sources with the wind turbines from NextEra Energy. NextEra wind turbines will power Google’s California headquarters
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How Oil Producers Are Combating $50 Crude Price

Bidness Etc discusses how various energy companies, including Pioneer Natural Resources and Carrizo, are battling the decline in crude oil price, which have crashed more than 50% over the last six months
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Why BP, Royal Dutch Shell May Back Off From The Abu Dhabi Multi-Billion Dollar Concession Deal

Shell and BP might back out of the Abu Dhabi concession deal amid falling crude oil price. Total SA has now become the first international oil company to sign the offshore oil reserves deal with Abu Dhabi National Oil Company
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Financials

Here’s Why American Express Company (AXP) Stock Is Trading Down On Thursday

Following the announcement of the termination of its relationship with Costco, American Express stock started trading around 7% lower today
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Telecom

T-Mobile US Inc, AT&T Inc (T) Giving Away Free Tablets

T-Mobile is giving away the Alcatel One Touch Pop 7 tablet for free, while AT&T is giving away the Samsung Galaxy Tab
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Softbank Corp (USA) Will Not Go Overboard With Sprint Corp Investment

SoftBank’s operating profit has been weighed down by Sprint for the past two quarters, raising concerns for its investors
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JPMorgan Chase & Co Cuts Price Target On Centurylink Inc (CTL) Following Q4 Earnings

JPMorgan has revised down the target price on Centurylink Inc stock, following weak 4Q results and lower-than-expected 1Q guidance
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Healthcare

ISIS Pharmaceuticals, Inc Gets $5 Million From Biogen Idec In Milestone Payment

Isis shares went up 4.3% during trading yesterday after the company announced it has earned $5 million in milestone payment under its partnership with Biogen Idec
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Anthem Inc Cyber-Attack: A Prelude To What Could Be The “Year Of The Healthcare Hack”

Security experts warn healthcare and insurance companies could find themselves becoming victims of data theft in 2015, as hackers increasingly turn their attention to the sector
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US District Attorney Blames Anthem For Failing To Safeguard Customers Affected By Data Breach

Anthem has so far been slow to assume full responsibility for protecting its customers after one of the biggest data breaches of history
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Commodities

Crude Price Crash: Is The Worst Over?

Bidness Etc looks at the views of JPMorgan analysts as to why the oil price collapse might be coming to an end, and their forecast for oil price movement during this year and 2016
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