Schaeffer's Trading Floor Blog

Buzz Stocks: Vodafone Group Plc (ADR), Apple Inc. (AAPL), Ford Motor Company, and Yahoo! Inc.

Today's stocks to watch in the news include VOD, AAPL, F, and YHOO

by 1/29/2014 9:07 AM
Stocks quoted in this article:

Stocks are lower in pre-market action, as investors digest earnings and exercise caution ahead of this afternoon's Federal Open Market Committee (FOMC) announcement. In company news, here are some stocks to watch today:

  • Yesterday, Vodafone Group Plc (ADR) (NASDAQ:VOD) shareholders approved a proposal to sell the company's 45% stake in Verizon Wireless to Verizon Communications Inc. (NYSE:VZ) for $130 billion in cash and stock. The deal -- which found support from 99.8% of voting VOD shareholders -- is expected to be finalized on Friday, Feb. 21. (Bloomberg)

  • Automakers will command the largest Super Bowl ad presence for the third year, accounting for more than one-third of the game's post-coin toss ad time. Along with Ford Motor Company (NYSE:F) -- which reported earnings last night -- General Motors Company (NYSE:GM), Chrysler, and six other car makers bought spots. (USA Today; Bloomberg)

  • AT&T Inc. (NYSE:T), The Boeing Company (NYSE:BA) and Yahoo! Inc. (NASDAQ:YHOO) also reported quarterly earnings. (FOX Business; CNBC)

  • Despite its poorly received earnings report, Apple Inc. (NASDAQ:AAPL) still has a fan in Carl Icahn. The activist investor on Tuesday tweeted that he just bought $500 million worth of additional shares, and said sellers "completely misinterpreted" the company's results. (MarketWatch)

  • The latest generation of PlayStation 4 and Xbox One consoles is already cannibalizing sales of older video games, Electronic Arts Inc. (NASDAQ:EA) warned. As such, the company lowered its 2015 sales forecast, but lifted its per-share earnings estimates for the year. (Reuters)

  • Finally, the Better Business Bureau is advising consumers to check their credit card statements for charges of $9.84. A scheme run by criminals in Cyprus, India, and London has been stealing money from unsuspecting shoppers by charging the small fee -- without providing any service in return -- while counting on consumer carelessness to go undetected. (CBS Money Watch)


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