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AAPL

Apple

$201.73

-1.02 (-0.50%)

06:07
08/16/19
08/16
06:07
08/16/19
06:07

Apple sues Corellium for copyright infringement, MacRumors reports

Apple has filed a lawsuit in the Southern District of Florida against Corellium, a mobile device virtualization company that supports iOS, accusing the company of copyright infringement for illegally replicating the operating system and applications that run on the iPhone and the iPad, MacRumors' Juli Clover reports. "Corellium has simply copied everything: the code, the graphical user interface, the icons -- all of it, in exacting detail," according to the lawsuit. Apple is seeking a permanent injunction to prevent Corellium from continuing to offer a product that replicates iOS. Reference Link

AAPL Apple
$201.73

-1.02 (-0.50%)

08/09/19
DADA
08/09/19
NO CHANGE
Target $48
DADA
Buy
Yelp CFO departure another indication of possible sale, says DA Davidson
DA Davidson analyst Tom Forte views the upcoming departure of CFO Lanny Baker as "another indication that Yelp (YELP) may be sold." Forte believes the company could be worth as much as $60 per share in a buyout. Yelp in afternoon trading is up 8%, or $2.93, to $37.76. Of the companies he covers, Forte says Yelp is the most likely to be sold given the low price of its shares, the involvement of an activist, and its strategic value to potential acquirers like Amazon.com (AMZN), Apple (AAPL), Facebook (FB) or Alphabet (GOOG, GOOGL). The analyst has a Buy rating on Yelp with a $48 price target.
08/13/19
WEDB
08/13/19
NO CHANGE
Target $245
WEDB
Outperform
First round of tariffs likely absorbed by Apple, says Wedbush
Wedbush analyst Daniel Ives does not believe Apple will pass the costs of the 10% tariff placed on $300B of Chinese goods by President Trump to U.S. consumers on the new smartphones hitting the market this September. All indications the analyst is seeing from the field and across the supply chain indicate the trifecta of smartphones will officially be released in the second week of September with pricing being very similar to last year's models. If the tariffs go ahead as planned this will reduce 2020 EPS by roughly 50c-55c based on his $12.80 estimate for the year, with Apple looking to absorb this first round of tariffs, he contends. However, Ives believes Apple is aggressively looking at alternative options within the supply chain in light of this "U.S./China UFC trade battle" around moving 5%-7% of iPhone production to India and/or Vietnam, away from China. The analyst reiterates an Outperform rating and a $245 price target on the shares.
08/13/19
FBCO
08/13/19
NO CHANGE
Target $209
FBCO
Neutral
China iPhone shipments July bounce back a positive for Apple, says Credit Suisse
Credit Suisse analyst Matthew Cabral notes that government data implies a big jump in July China Apple iPhone shipments, which rose 42% year over year in the month of July, despite a modest 3.5% year over year decline in the broader Chinese smartphone market. The analyst believes the bounce back is a positive for Apple and a "solid start" toward above-seasonal guidance for Q3, particularly against a backdrop of a slowing Chinese economy coupled with the re-escalation of trade tensions with the U.S. Nonetheless, Cabral points out that the trade overhang remains in focus as 10% U.S. tariffs approach. He reiterates a Neutral rating and a $209 price target on the shares.
08/15/19
WEDB
08/15/19
NO CHANGE
Target $245
WEDB
Outperform
Apple iPhone demand cycle looks stable heading into 2020, says Wedbush
Wedbush analyst Daniel Ives is bullish into Apple's future heading into 2020 and beyond, as the company is seeing stable demand despite the myriad of China challenges and macro swirls. With general nervousness around the Apple story and tech space in light of the U.S./China trade battle and worries around China demand/slowdown, his Asia checks continue to give him "confidence based on supply chain tea leaves that Cupertino is in the process of producing between 75M to potentially 80M iPhone 11 units heading into the September launch period." Ives reiterates an Outperform rating and a $245 price target on the shares.

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HMNY

Helios and Matheson

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MoviePass exposed card data of thousands of customers, TechCrunch says »

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PLM

PolyMet Mining

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PolyMet Mining reports court declined to hear petition for environmental review »

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AAL

American Airlines

$25.83

-0.27 (-1.03%)

18:24
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American Airlines to pay $22.1M to settle DOJ false claims act allegations »

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LZB

La-Z-Boy

$30.55

-1.325 (-4.16%)

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Urban Outfitters

$20.93

0.07 (0.34%)

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Fly Intel: After Hours Movers »

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LZB

La-Z-Boy

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Urban Outfitters

$20.93

0.07 (0.34%)

LEDS

SemiLEDs

$2.22

-0.05 (-2.20%)

NRZ

New Residential

$14.14

-0.115 (-0.81%)

NDSN

Nordson

$135.43

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CREE

Cree

$58.19

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SCSC

Scansource

$31.23

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JKHY

Jack Henry

$140.79

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TSLA

Tesla

$225.70

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WMT

Walmart

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LEDS

SemiLEDs

$2.22

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SemiLEDs receives offer from Chinese investor to acquire 680K shares »

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CE

Celanese

$111.76

-0.72 (-0.64%)

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Celanese announces ethyl acetate price increase in Europe »

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WMT

Walmart

$112.12

-1.64 (-1.44%)

17:50
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Hot Stocks
Walmart's Furner sells nearly 8,000 common shares »

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SPY

SPDR S&P 500 ETF Trust

$290.03

-2.28 (-0.78%)

, SPX

S&P 500

$0.00

(0.00%)

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Periodicals
Bond manager Gundlach says Fed 'has lost control,' Reuters reports »

According to often quoted…

SPY

SPDR S&P 500 ETF Trust

$290.03

-2.28 (-0.78%)

SPX

S&P 500

$0.00

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QQQ

Invesco QQQ Trust

$186.99

-1.3 (-0.69%)

DIA

Diamonds Fund ETF

$259.61

-1.71 (-0.65%)

SMH

Market Vectors Semiconductor

$113.43

-0.64 (-0.56%)

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URBN

Urban Outfitters

$20.93

0.07 (0.34%)

17:45
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17:45
Earnings
Urban Outfitters CEO says Q2 was 'difficult quarter' for the company »

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General news
Breaking General news story  »

Federal Reserve Board of…

BA

Boeing

$331.94

-1.82 (-0.55%)

17:41
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Boeing awarded $154.89M Army contract modification to procure Apache helicopters »

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CGC

Canopy Growth

$27.21

0.48 (1.80%)

17:35
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GTEC provides update on acquisition of Canopy Growth cultivation facility »

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WTRH

Waitr Holdings

$1.39

-0.045 (-3.15%)

17:34
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Hot Stocks
Waitr Holdings jumps almost 9% after director Tilman Fertitta buys 1M shares »

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XOM

Exxon Mobil

$69.03

-0.42 (-0.60%)

17:32
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Initiation
Exxon Mobil initiated  »

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TOT

Total

$48.56

-0.38 (-0.78%)

17:30
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Initiation
Total initiated  »

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WTRH

Waitr Holdings

$1.39

-0.045 (-3.15%)

17:28
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Hot Stocks
Waitr Holdings director Tilman Fertitta buys 1M shares of company stock »

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RDS.A

Royal Dutch Shell

$55.68

-0.405 (-0.72%)

17:27
08/20/19
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17:27
Initiation
Royal Dutch Shell initiated  »

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EEX

Emerald Expositions Events

$9.49

-0.035 (-0.37%)

17:23
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17:23
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17:23
Upgrade
Emerald Expositions Events rating change at Goldman Sachs »

Emerald Expositions…

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VG

Vonage

$13.34

-0.08 (-0.60%)

, FIVN

Five9

$62.48

0.23 (0.37%)

17:17
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08/20
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17:17
Conference/Events
Stephens Cloud Infrastructure Analyst to hold Analyst/Industry conference call »

Enterprise & Cloud…

VG

Vonage

$13.34

-0.08 (-0.60%)

FIVN

Five9

$62.48

0.23 (0.37%)

TWLO

Twilio

$126.89

1.27 (1.01%)

WORK

Slack Technologies

$30.50

-0.625 (-2.01%)

AMZN

Amazon.com

$1,802.08

-14.21 (-0.78%)

MSFT

Microsoft

$137.25

-1.18 (-0.85%)

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WMT

Walmart

$112.12

-1.64 (-1.44%)

, TSLA

Tesla

$225.70

-1.05 (-0.46%)

17:11
08/20/19
08/20
17:11
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17:11
Periodicals
Walmart sues Tesla over solar panel fires, Bloomberg reports »

Walmart (WMT) is suing…

WMT

Walmart

$112.12

-1.64 (-1.44%)

TSLA

Tesla

$225.70

-1.05 (-0.46%)

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GME

GameStop

$3.41

0.02 (0.59%)

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Periodicals
GameStop cuts over 100 jobs, including nearly half of GI staff, Kotaku reports »

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CVM

CEL-SCI

$8.54

-0.12 (-1.39%)

17:05
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Syndicate
Breaking Syndicate news story on CEL-SCI »

CEL-SCI files to sell…

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LIQT

LiqTech

$6.76

0.32 (4.97%)

17:03
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Conference/Events
LiqTech management to meet with Stephens »

Group Luncheon Meeting…

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HTBK

Heritage Commerce

$11.52

-0.08 (-0.69%)

16:54
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Hot Stocks
Heritage Commerce receives regulatory approval for merger »

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AMCR

Amcor

$9.99

-0.12 (-1.19%)

16:53
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Earnings
Amcor sees FY20 adjusted constant currency EPS growth of approximately 5%-10% »

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