Orders for Parts Reduced Last Month
The Wall Street Journal reported that Apple cut orders for components used in the iPhone 5 because of weak demand. That has AAPL lower by 2 percent before the bell on my tradeMONSTER platform. iPhone suppliers Cirrus Logic dropped 4 percent and Skyworks Solutions is down about 3 percent.
Verint, Nice Climb on Merger Report
Verint is in talks to be acquired by Israel's Nice Systems, according to a news report. VRNT rose 11 percent on the news and NICE is up by more than 7 percent.
Goldman Downgrades American Express
American Express was downgraded to "neutral" from "buy" at Goldman Sachs, which sees little chance of earnings guidance being raised. The price target remained at $65. AXP fell 1 percent on the news.
Francesca's Issues Bullish Guidance
Francesca's Holdings forecast fourth-quarter earnings of $0.29 to $0.30 a share, while analysts only expected $0.28. FRAN is up 8 percent before the bell.
Options Trading News
AAPL:
SEE CHART
GET CHAIN
FIND STRATEGIES
Social Media
Follow optionMONSTER for news and updates
Premium Services
-
Semi-active traders looking for simple calls and spreads (5 per week).
Learn More -
Entry-to-mid level traders looking for full circle trade analysis (1 per week).
Learn More -
Tailored, one-on-one education designed and led by Jon & Pete (3 months and up)
Learn More
Education & Strategy
Why education is key to options
People get into option trading for a number of reasons, but there are three primary motivations: to increase income, to...
