Investments and investor services
Volatile day ends with blue-chips on the up (but down on the week)
In the time it takes to read this report, the market will likely have changed direction again
Company
Memex Automation
CVE:OEE
Memex Automation is the leader in real-time shop-floor-to-top-floor technology solutions. Memex’s flagship product MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profits from operations.
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S&P/ASX 200 closes 53 points down on weak global cues
S&P/ASX 200 opened lower as expected but slowly rallied throughout the day.
Investments and investor services
S&P/ASX 200 opens down but bounces above 5,800
S&P/ASX 200 opened lower as expected but has started to rally.
AT&T confident Time Warner takeover will go ahead as quarterly earnings beat forecasts
AT&T's fourth quarter earnings received a boost from US tax cuts
Facebook Inc, eBay Inc, Microsoft Corp and more - AFTER HOURS
Proactive takes a look at what was moving the needle after hours in New York
Microsoft posts second-quarter loss after US$13.8bn charge related to US tax reforms
The Windows software developer reported a second-quarter loss per share of 82 US cents, a drop from earnings of 80 US cents per share a year earlier
ikeGPS's December quarter positions it to exceed recently upgraded guidance
There has been a take-up of IKE4 by large US players in the communications industry.
Hardware & electrical equipment
Apple and Microsoft likely to issue less debt in 2018 under new tax rules, says analyst
Apple has said it would make a one-time payment of US$38bn in US taxes to repatriate cash held overseas
Google to expand network of undersea cables to speed up cloud computing business
Google is playing catch up to rivals Amazon and Microsoft in the multibillion-dollar cloud computing market
Hardware & electrical equipment
Apple to issue software patch for all devices after chipmakers disclose hacking flaws
Security researchers on Wednesday disclosed two major chip flaws, one called Meltdown, affecting only Intel Corp chips, and one called Spectre affecting nearly all computer chips made in the last decade
Oracle shares drop after quarterly cloud sales miss expectations
Oracle has been playing catch up with market leaders in cloud computing including Amazon and Microsoft
Archive
Proactive news snapshot: Ortac Resources, Ceres Power Holdings, Bacanora Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
Ceres Power Holdings surges as market cheers update
We take a look at some of the major movers - risers and fallers - in London on Friday.
Hardware & electrical equipment
Gfinity picked yet again by Microsoft to host European leg of Halo World Championship
The esports group will organise, promote and execute a further EU Halo 5: Guardians tournament in Q1 2018 as part of the global Halo World Championship 2018
FTSE 100 ends at high point of the day but just short of 7,500
A slump in the value of the pound was, as usual, a signal for investors to pile into FTSE 100 stocks
Canamex Gold shares surge 45% after it agrees pioneering crypto-currency deal
It has signed 'terms of agreement' with Harmonychain, a Norwegian fintech firm
J C Penney taken to the cleaners after a profit warning
J C Penney lowered profits guidance as it is attempting to shift a surfeit of inventory
Super Thursday brings good news for many of tech’s biggest names, including Amazon, Microsoft and Alphabet
In the busiest day of tech earnings this year, Super Thursday didn’t disappoint Amazon, Microsoft or Alphabet investors, although it wasn’t the case for Expedia shareholders…
Microsoft up in the clouds on first-quarter earnings beat
Strong demand for its cloud services helped to drive revenues 12% higher to US$24.5bn, ahead of forecasts of US$23.6bn
FTSE 100 ends the week on a firm note
The blue-chip index finished the day above the 7,500 level
PREVIEW - Will Amazon and Alphabet continue tech rally on 'Super Thursday'?
Unveiling quarterly numbers today are Amazon (NASDAQ:AMZN), Twitter (NYSE:TWTR), Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT).
American Airlines Group, Lumber Liquidators Holdings, Boeing Co and Sprint Corp
What's piquing interest before the bell in New York? Proactive takes a look
Chipotle Mexican Grill, AT & T, Advanced Micro Devices and more- AFTER HOURS
Proactive takes a look at the shares moving the needle - up and down - after hours in New York
Hardware & electrical equipment
Telit says three of its modules are now good-to-go on devices that use AT&T's LTE network
"Voice over LTE is an absolute necessity for the Internet of Things"
AT&T counts the cost of natural disasters in the third quarter
Hurricanes in the Gulf of Mexico and earthquakes in Mexico caused damage to the telecoms giant's networks
Microsoft throws in towel, gives up Windows Phone battle
Apple and Google's Android dominate the smartphone market, and, now
Shopify, Amazon.com, Inovio Pharmaceuticals and more- PRE-MARKET
We take a look at what's moving the dial in pre-market deals in New York
Oracle chairman guarantees his firm’s latest database warehousing system will beat Amazon in performance and for half the price
"We will guarantee in writing, contractually, before looking at the workload, that any of those Redshift workloads will move to Oracle and your bill will be one half or less than what Amazon charges you”
Sprint and T-Mobile US shares up on reports close to agreeing tentative merger terms
Reuters said Sprint's majority shareholder, Japan's Softbank Group Corp. would own 40% to 50% of the combined entity, with T-Mobile parent Deutsche Telekom AG having a majority stake
Subscribe Technologies helps small businesses with some big computing challenges
Subscribe's SaaS product line is comprehensive and cost-effective
Hardware & electrical equipment
Gfinity well-placed to take advantage of the eSports boom
eSports are tipped to generate more than £1bn a year in a global revenue by 2020, while audience numbers are set to go through the roof too
Advanced Micro Devices Inc, Chipotle Mexican Grill Inc, Blue Apron and more - AFTER HOURS
We take a look at the main movers and shakers after hours in New York
Microsoft quarter beat expectations thanks to the cloud
Microsoft had adjusted revenues of US$24.7bn, and net income amounted to US$7.7bn.
Microsoft, Visa, Capital One, Ebay- AFTER HOURS
We are covering all the movers and shakers in after hours trade in New York
Sarepta Therapeutics Inc, Microsoft Corp, eBay Inc and more
We are seeing what is moving the needle in pre-market deals in New York
BlackRock , Netflix , Goldman Sachs, Brexit, AT&T - PRE-MARKET
We are covering the movers and shakers ahead of the bell in New York
Google opens first London cloud data centre as competition with Amazon and Microsoft heats up
Google is playing catch up with Amazon and Microsoft in the cloud computing services if offers, according to a study
Microsoft confirms job cuts as it shifts focus to cloud computing to rival Amazon and Google
Microsoft is playing catch up with Amazon in cloud computing
TSX closes lower with big gold miners weighing
Wall Street closed but markets in Toronto traded today. The TSX shed 51 points
Hardware & electrical equipment
Apple, Amazon and Google shares seen tumbling after market closes for Fourth of July
Nasdaq said erroneous prices of stocks listed on the index were caused by data providers
Microsoft set to cut thousands of jobs in global sales reorganisation
Microsoft is said to be switching its focus towards selling cloud software in an effort to boost revenue and catch up to rival Amazon
Nike, Bank of America, Blue Apron and more- PRE-MARKET
A look at the movers and shakers in pre-market deals
Microsoft stock down despite new Xbox hype
“It’s both the most powerful and smallest console Xbox has ever built,” Microsoft said.
Updater Inc targets movers in pilot program with AT&T
Pilot aimed at proving Updater’s value for the telecommunications industry.
Tech titan Amazon reaches psychological milestone, with shares at $1,000 a pop
The shares touched $1,001.20 in pre-market deals before it slipped back to around $998, where it currently stands - 0.31% up on the day.
Hardware & electrical equipment
Apple's market cap tops GDP of most US cities and is set to grow with release of iPhone 8
Apple's iPhone 8 is expected to boost the tech giant's share price when released later this year
Galileo Resources soars higher as initial drilling at Concordia copper project completed
A look at some of the biggest London-listed risers and fallers today
Stocks slide on day of woe for retailers
Retailers were a drag on the market, though Whole Foods Market defied the trend after it announced plans to buy back shares
GSK, AT&T and Verizon join advertising boycott on Google over extremist content
Google's promise to crack down on adverts from appearing alongside extremist content has failed to reassure clients
AT&T's merger with Time Warner receives approval from European regulator
The European regulator has given the thumbs up to AT&T's planned merger with Time Warner but the deal still needs approval from the US Department of Justice
Connected IO signs new agreement in the U.S. with AT&T
AT&T connects over 28 million devices to the internet of things.
Aspiring to AAA seems as simple as ABC for Google owner Alphabet
Alphabet the owner of Google, now has a Standard & Poor’s credit rating on a par with the United States of America
Time Warner shareholders approve AT&T merger
Time Warner's shareholders have voted 99% in favour of its proposed merger with AT&T.
US stocks recover from losses as analysts focus on surprise gasoline supply drop
US stocks recovered from intraday losses to end higher on Wednesday after analysts focused on a fall in gasoline inventories rather than a spike in oil supplies
Microsoft borrows $17bn for general purposes
Microsoft borrowed $17bn in seven tranches of corporate debt this week, nearly has much as it did last summer when it acquired social media platform LinkedIn
Trumping him: Starbucks plans to hire 10,000 refugees over five years in 75 countries
Starbuck’s chief executive officer Howard Schultz told employees in a letter on Sunday that it would do everything possible to support workers affected by the Trump ban.
Microsoft to price corporate bond today
Microsoft is set to price a fresh corporate bond on Monday - six months after it sold $20bn of debt to fund its acquisition of LinkedIn
Microsoft shares set to open at record high
Solid second quarter results and a decent run in after-hours trading means the computer giant’s shares look set to open at their highest ever price
US stocks close mixed after Trump mulls 20% border tax
US stocks closed mixed on Thursday, with the Dow and Nasdaq marking fresh record highs but the S&P 500 doing as much – before heading lower after US President Donald Trump mooted that he was weighing up a 20% border tax on Mexican imports t
US stocks close at record high as Mexico wall gets go-ahead
US stocks staked fresh record high intraday and closing levels on Wednesday, with miners and supplier among the top gainers as US President Donald Trump signalled that construction of the Mexican partition would start within months
Trending: Trump Offensive - No offence taken as tech stocks in good books
Investors were treated to another stock rotation opportunity – read surprise – on Wednesday when US President-elect Donald Trump struck a conciliatory tone with technology company chiefs in a New York meeting
US stocks scale new record highs, brush off Fed meeting
US stocks scaled new record highs on Tuesday, on the eve of the Federal Reserve’s rate decision
US stocks hit record highs as Dow adds 300 points, but pharma sink
US stocks hit fresh record highs on Wednesday, with the S&P 500 marking its biggest single-day gains since the presidential elections, as investors largely shrugged off declines in health care stocks
Trending: Trump could be good for techs
Tech stocks have had a rough month since the election of Donald Trump to be next President. But some commentators think there is a silver lining
Hardware & electrical equipment
GoPro shares jump after restructuring plan
Struggling sport and activity camera maker GoPro saw its shares jump 4% on Wednesday after it announced a workforce cut of about 15% and closure of its entertainment division
Hardware & electrical equipment
Fewer special divis send dividend growth rate into reverse
In North America, the total value of special dividends paid out was down 8.5% from a year earlier
Archive
US stocks power higher, techs and oil feature
US top stocks powered ahead on Tuesday, with the Dow Jones Industrial marking its fourth successive record high close, while the S&P 500 made up for a feeble performance since Thursday after Donald Trump’s pro-business plans were mulled ove
US stocks end mixed as winners and losers assess Trump
US stocks seesawed through Thursday, with the Dow hitting a record high intraday and close, as banks and pharma stocks lapped up the perceived benefits of President-elect Donald Trump’s victory, while tech stocks sank on worries about his f
AT&T/Time Warner merger hopes dim after Trump win
Time Warner’s CNN network was targeted by Trump for its alleged bias during the campaign
Sky and ITV in play after £70bn Time Warner bid
Two leading brokers have taken a closer look at what AT&T's £70bn bid for Time Warner means for the two main UK broadcasters.
Time Warner, CBS target prices raised in merger scrums by Wedbush
Time Warner, CBS target prices raised in merger scrums by Wedbush
AT&T expects to jump through a few hoops to snag Time Warner
If the deal is waved through, it would see AT&T catapult past Walt Disney and Comcast as the nation's biggest entertainment company
US stocks close higher on mergers but Dec rate hike weighs
US stocks ended higher on Monday on merger season, but gains were clamped by a rising dollar, falling oil prices and some growing worries over a December rate hike
Trending: Mega-mergers are back
So much for Brexit and the US elections becalming the mergers & acquisitions scene. Also: Windows 10 refuses to go away; Cobham scores hat-trick of profit warnings
AT&T pulls trigger on Time Warner deal; could ITV be next on the bidding block?
Charter Comms and Time Warner Cable; NBCUniversal and Dreamworks; and now AT&T and Time Warner. Who's next?
US stocks pare losses to end the session and the week flat
US stocks pared initial losses to close Friday – and the week - flat after a roller-coaster ride in an earnings season
G8 Communications secures key order for wireless device
G8 Communications Ltd (ASX:G8C) has received a purchase order from U.S. based energy management company Economizer Pro worth US$250,000 plus recurring monthly fees.
US stocks drown with telecom and energy stocks despite Time Warner talks
US stocks bobbled up for air but spent most of the session below the water line, and closed lower on Thursday as telecom and energy stocks led declines after mixed Verizon earnings and depressed oil prices
Archive
Samsung abandons Note 7 to protect its brand
Samsung Electronics attempted to protectively ringfence its brand on Tuesday as it confirmed it is killing off the Galaxy Note 7 smartphone after it was involved in dozens of fires and explosions worldwide
Archive
Samsung shares suffer in New York over “incendiary batteries”
Samsung Electronics shares were getting a hard reset on Wall Street after the company said it had halted production of its flagship Galaxy Note 7 devices after a string of replacements were alleged to have caught fire
Trending: What will it take for Apple shares to rise?
Apple shares closed up 0.9% at $107.73 on Friday, but the share price has, all told, been jobbing a range of $110 to $90 since December 2015. That has had some pundits thinking
S&P 500 clocks another record high close as tech stocks shine
Up, up and away as Wall Street notched up fresh record highs on Wednesday, and after-hours earnings from online auction house eBay set the market up for a higher start the next day
US shares rise as Microsoft earnings go into the clouds and oil stocks drain again
US shares were higher at midsession Wednesday after a clutch of upbeat earnings reports and buoyant oil prices in the face of draining fuel stockpiles
Cloud computing adds silver lining to Microsoft profits
Microsoft increased quarterly group profit to US$3.1bn (£2.4bn) in the three months to June
Microsoft/ Monsanto to fund agricultural innovation in Brazil
If chosen, a start-up can receive up to R$1.5mln (US$459,000) in new capital
Trending: Trump denied a bite out of the Apple
Technology powerhouse Apple Inc has ruled out supporting the Republican Convention in July, citing its disdain over Donald Trump's public stance on women, immigrants and minorities
Trending: Brexit too risky even for daredevil entrepreneur Richard Branson
The name of Richard Branson's company slips my mind for the moment ... Also featured: tax dodging, pension black holes, success for Sound Energy and GameAccount Network
Investments and investor services
Papers: Revlon blushing with Elizabeth Arden acquisition
Also, Microsoft, Viacom, Joylent, Samsung, Linkedin.com and more...
Trending: Some Woohoo At Yahoo! from Citigroup brokers
Yahoo! Inc the internet portal could well do with some good news after a difficult start to 2016 and on Thursday it received a shot in the arm from brokers at Citigroup, who raised their recommendation to Buy from Neutral
Trending: Is this the week of weaker social media mop ups?
Consolidation started on Monday when struggling professional social network LinkedIn was approached by Microsoft but by mid-week the market was digesting news that Twitter has bought a chunk of audio file sharer SoundCloud
US stocks close lower over oil, Brexit and the Fed meeting this week
US stocks closed lower on Monday as weaker oil prices, worries over a possible UK Brexit vote and anxieties ahead of the Federal Reserve rate meeting midweek, unsettled the bourse
US stocks drop as weaker oil, Brexit vote and Fed rate meeting this week weigh
US stocks as a whole fell at midsession on Monday as oil prices slid again, but there were some notable bourse gainers too
Investments and investor services
US stocks roused from their slumber by blockbuster bid for LinkedIn
Microsoft's bid for LinkedIn sent the latter's shares soaring and also gave a leg-up to Twitter.
LinkedIn and Eleven Bio brighten an otherwise sombre market
Microsoft's bid for LinkedIn sent the latter's shares soaring and also gave a leg-up to Twitter.
Trending: Microsoft outlaws Terrorism
The makers of Windows for PCs are not sitting on the fence as Microsoft Corp cracks down on content which is considered to be terrorism. But what exactly does that mean? Who defines it? And is it open to abuse? At very least, it is open to
Hardware & electrical equipment
Trending: Banking on Apple in Canada
While Facebook applied two years ago for a banking licence in the United States and has since begun developing initiatives to offer methods for its users to store cash and pay for services via the social network, Apple is formalising relati
Investments and investor services
Papers: Gannett US$388mln Tribune Publishing takeover
Also covered: Microsoft, Facebook, Apple and Google
Closing index values
S&P 500: 2,091.58, +0.10 Nasdaq Composite: 4,906.23, -39.66 S&P 400: 1,477.05, +11.90 Russell 2,000: 1,146.69, +10.92