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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 24, 2014
10:34 EDTSSNLFSamsung confirms plans to exit LED lamps, Lighting says
Samsung (SSNLF) confirmed that it is exiting the global LED lamps business, according to industry site Lighting. The publication quotes the company as issuing the following statement: “We have decided to discontinue our LED lamp business in all markets, except Korea, so that we can focus more resources on our core business areas. We will remain active in the LED industry through our LED component business, and continue to provide high-quality products and services to our customers.” Philips’ (PHG) recent decision to split off its lighting division has been blamed, at least in part, on the commoditized nature of the consumer LED lamp market, Lighting added. Shares of Cree (CREE), whose products consist of both LED and traditional lighting systems, are up 1% in early trading following the news of Samsung's plans. Reference Link
October 23, 2014
10:01 EDTSSNLFGeneral Dynamics receives DMCC contract from NSA
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October 22, 2014
08:32 EDTSSNLFSamsung, Barnes & Noble introduce new large screen Galaxy Tab 4 NOOK
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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 LVMH’s 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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