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Stock Market & Financial Investment News

News Breaks
March 19, 2014
12:02 EDTAPD, SSNLFAir Products awarded major supply contract from Samsung
Air Products (APD) announced it has been awarded another major contract by Samsung Electronics (SSNLF) to supply complete bulk specialty gas and chemical delivery systems in support of its fab in Xi'an, Shaanxi Province, western China. The contract called for the design and construction of a bulk specialty gas supply yard by Air Products equipped with the company's turnkey piping connecting the yard with the fab for distributing bulk specialty gases for the manufacturing process; and the supply of its state-of-the-art specialty gas delivery equipment and specialty liquid chemical delivery equipment in the fab. The fab in the Xi'an High Tech Zone represents one of Samsung Electronics' largest overseas investments and one of the most advanced fabs in China. The memory products produced by the fab will be widely used in portable devices such as smart phones, tablet computers, digital cameras, USB drive, and other consumer electronics products for which China is a major market. Awarded a major contract in 2012 to supply bulk gases to this fab, Air Products has built several large air separation plants to support the needs of Samsung Electronics and also the merchant market in the region.
News For APD;SSNLF From The Last 14 Days
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October 22, 2014
06:25 EDTSSNLFSamsung, TSMC Solid State Lighting to quit LED lighting business, DigiTimes says
Samsung (SSNLF) will plan to withdraw from the global LED lighting market while TSMC (TSM) Solid State Lighting will cease operations, reports DigiTimes, citing industry sources. Samsung will withdraw due to low price pressure from China-based makers. TSMC Solid State Lighting will reportedly quit operations and sell production equipment to LED maker Advanced Optoelectronic Technology. Reference Link
October 21, 2014
12:36 EDTSSNLFNXP Semiconductors loses Samsung Galaxy phone NFC business, NFC Times says
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October 20, 2014
05:50 EDTSSNLFSamsung partners with Teletrac to expand fleet management offerings for Android
Teletrac announced it is partnering with Samsung Electronics America to expand its fleet management offerings to the Android platform on Samsung's Galaxy Tab devices.
October 17, 2014
10:30 EDTAPDAir Products to increase prices for electronics offerings
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07:31 EDTSSNLFSamsung first to market with new multilayer NAND technology, Nikkei says
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06:13 EDTSSNLFLVMH could pair with a tech company to launch smartwatch, WSJ reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMHs watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link
October 16, 2014
10:01 EDTAPDOn The Fly: Analyst Upgrade Summary
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06:25 EDTAPDAir Products upgraded at Credit Suisse
As previously reported, Credit Suisse upgraded Air Products to Outperform from Neutral. The firm upgraded shares based on valuation and reiterates its $150 price target.
06:05 EDTAPDAir Products upgraded to Outperform from Neutral at Credit Suisse
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October 15, 2014
06:43 EDTSSNLFFacebook, Samsung could collaborate to develop mobile content, Korea Times says
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06:34 EDTSSNLFIHS: Apple, Samsung set to drive fingerprint sensor market, DigiTimes says
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06:32 EDTSSNLFTablet supply chains expect lagging orders in Q4, DigiTimes reports
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October 12, 2014
17:04 EDTSSNLFSamsung could climb 50%, Barron's says
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14:32 EDTSSNLFSamsung creates faster Wi-Fi technology, Bloomberg says
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October 10, 2014
06:52 EDTSSNLFGoogle allowed to face Rockstar in California court, Reuters says
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October 9, 2014
13:40 EDTSSNLFSamsung, Cheetah Mobile to pre-install Clean Master, BrightWire says
Cheetah Mobile (CMCM) CEO Fu Sheng said that the company has finalized an agreement with Samsung (SSNLF) to pre-install Clean Master, its flagship mobile application, on its phones, according to BrightWire, citing comments from Sheng. The CEO said that the company is devoted to its overseas broadening strategy regardless of investor criticism. Reference Link
06:29 EDTSSNLFIDC: Worldwide PC shipments down 1.7% in Q3, DigiTimes reports
Worldwide PC shipments are down 1.7% with 78.5M units shipped in Q3, reports DigiTimes, citing the IDC. Shipments in the US grew 4.3% to 17.3M, with growth centered from strong momentum in te portables category. Reference Link
06:26 EDTSSNLFMIC: Taiwan smartphone shipments surpasses 5.4M in Q3, DigiTimes says
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October 8, 2014
11:41 EDTSSNLFJ.C. Penney says store base count 'roughly' where it needs to be
Says evaluating stores to see if EBITDA accretive. Says "disciplined" regarding promotions. Says won't risk margin over promotions. Says Apple (AAPL), Samsung (SSNLF), Amazon (AMZN) taking "chunk" out of consumer spending. Sees returning to 37%-39% gross margins over time.
06:13 EDTSSNLFNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
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