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News For BBRY;GOOG;SSNLF From The Last 14 Days Check below for free stories on BBRY;GOOG;SSNLF the last two weeks. |
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| May 21, 2013 |
| 19:39 EDT |  | GOOG | Google tax behavior to be criticized by U.K. party leader, Reuters says
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| 10:42 EDT |  | GOOG | Google tests support at $900, levels to watch The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87. |
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| May 20, 2013 |
| 16:02 EDT |  | GOOG | Options Update; May 20, 2013
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| 09:40 EDT |  | GOOG | Active equity option families trading
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| 07:53 EDT |  | GOOG | Google ex-employee claims evidence of U.K. tax evasion, FT says
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| May 17, 2013 |
| 16:00 EDT |  | GOOG | Options Update; May 17, 2013
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| 14:03 EDT |  | GOOG | Market set to finish week with gains after Cisco results, comments
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| 12:13 EDT |  | SSNLF | Samsung says S4 sales to reach 10M next week, Korea Times says
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| 10:13 EDT |  | BBRY | BlackBerry Z10 helps company regain Canadian market share, AllThingsD says
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| 09:38 EDT |  | GOOG | Google rises following price target bump, levels to watch
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| 09:37 EDT |  | GOOG | Active equity option families trading on open
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| 08:53 EDT |  | GOOG | Google price target raised to $1,065 from $875 at Argus
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| 07:10 EDT |  | GOOG | U.K. to question Amazon over income tax, Reuters reports
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| 06:36 EDT |  | GOOG | Google to add new apps to Google Glass, NY Times says
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| 06:12 EDT |  | SSNLF | Apple losing its edge as innovator, poll shows, Bloomberg reports
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| 06:07 EDT |  | SSNLF | Mobile DRAM revenue fell 5% in Q1, DigiTimes reports
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| May 16, 2013 |
| 18:42 EDT |  | GOOG | Google sent letter by Congress over Glass privacy issues, WSJ reports
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| 14:01 EDT |  | GOOG | Options Update; May 16, 2013
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| 13:05 EDT |  | GOOG | Spending on Apple, Android video games jumped in Q1, AllThingsD says In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link |
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| 11:22 EDT |  | SSNLF | Samsung captures 95% of global Android profit in Q1, Strategy Analytics says Samsung captured 95% of all Q1 global Android smartphone profits, which reached $5B, according to Strategy Analytics. LG followed in second place and took 3% global Android profit share, added the report. Reference Link |
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| 10:25 EDT |  | SSNLF, GOOG | Microsoft discussing 'glasses' tech with Vuzix, NY Post says
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| 09:36 EDT |  | GOOG | Active equity option families trading on open
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| 07:36 EDT |  | GOOG | Google price target raised to $1,025 from $830 at RW Baird RW Baird raised its price target for Google shares to $1,025 following the company's I/O conference and keeps an Outperform rating on the name. Baird thinks Chrome continues to gain momentum and that yesterday's event highlighted Google's technology advantages. Shares of Google closed yesterday up $28.79 to $915.89, and are indicated up another $5.66 in pre-market trading. |
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| 07:10 EDT |  | GOOG | Google to help with supercomputing project, WSJ reports
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| 07:02 EDT |  | GOOG | YouTube demands that Microsoft pull YouTube app, The Verge reports
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| 06:21 EDT |  | SSNLF | Microsoft to launch 8-inch Surface in June, Digitimes says
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| 06:08 EDT |  | GOOG | On the Fly: Periodicals Wrap-Up
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| 05:59 EDT |  | GOOG | High tech firms involved in immigration battle, WSJ reports
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| May 15, 2013 |
| 17:09 EDT |  | GOOG | Greenlight gives quarterly update on stakes NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG). |
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| 17:03 EDT |  | GOOG | Soros gives quarterly update on stakes NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). |
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| 16:24 EDT |  | GOOG | On The Fly: Closing Wrap
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| 16:08 EDT |  | GOOG | Google sites lead U.S. April searches with 66.5% of searches, comScore says
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| 16:02 EDT |  | GOOG | Options Update; May 15, 2013
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| 14:27 EDT |  | GOOG | Google unveils redesigned Maps for mobile
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| 13:01 EDT |  | GOOG | Google says Chrome browser now has over 750M users
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| 12:59 EDT |  | GOOG, SSNLF | Google confirms plan to sell Samsung Galaxy S4 in Google Play store Says GS4 will be available on AT&T (T) and T-Mobile (TMUS) networks. |
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| 12:53 EDT |  | GOOG | Google says All Access music service available for $9.99 per month
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| 12:49 EDT |  | GOOG | Google announces subscription streaming music service
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| 12:26 EDT |  | GOOG | Google announces Google Play Game Services
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| 12:13 EDT |  | GOOG | Google says 900M Android devices now activated worldwide
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| 10:13 EDT |  | BBRY | On The Fly: Analyst Downgrade Summary
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| 10:02 EDT |  | GOOG | Google breaks out above round-number resistance at $900
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| 10:01 EDT |  | GOOG | Google volatility decreases as shares rally to record into Google I/O
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| 09:43 EDT |  | GOOG | Active equity option families trading on open
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| 09:32 EDT |  | SSNLF | InvenSense has multiple positive catalysts, says Pacific Crest Pacific Crest thinks that InvenSense (INVN) remains extremely well positioned to penetrate Apple (AAPL) this year. The firm expects InvenSense to recover market share on Samsung's (SSNLF) Galaxy Note 3, and it recommends buying InvenSense shares. |
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| 09:31 EDT |  | SSNLF | RDA Microelectronics switch selected by Samsung for 2G, 3G smartphones RDA Microelectronics (RDA) announced that Samsung (SSNLF) has selected the RDASW36 switch for two Samsung models, the 2G Samsung Galaxy Star smartphone and the 3G Samsung Galaxy Pocket Neo smartphone. Both smartphones are expected to be released in Q2 and will be sold in Europe and emerging markets, such as South America. Developed on Silicon-On-Insulator CMOS process technology, RDA's single pole three throw switch combines high power with low insertion loss on a small form factor, making it ideally suited for WiFi and Bluetooth applications in 2G and 3G handsets. |
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| 09:19 EDT |  | GOOG | On The Fly: Pre-market Movers
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| 08:33 EDT |  | GOOG, SSNLF | Google to announce "pure" Android version of Galaxy S4, Geek.com says
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| 08:24 EDT |  | BBRY | BlackBerry announces Los Angees Sheriff's Department deploys BB10, Enterprise
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| 08:19 EDT |  | SSNLF, GOOG | Samsung shipped 6M Galaxy S4 devices through May 10, androidcentral says
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| 07:48 EDT |  | BBRY | BlackBerry downgraded at Bernstein As previously reported, Bernstein downgraded BlackBerry to Market Perform from Outperform. The firm downgraded shares based on valuation, lack of near-term catalysts, and risk the company does not meet high expectations. Price target lowered to $15 from $22. |
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| 07:39 EDT |  | GOOG | Google to host a conference Google I/O 2013 is being held in San Francisco on May 15-17. |
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| 07:26 EDT |  | GOOG | Google price target raised to $996 from $932 at Morgan Stanley
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| 07:21 EDT |  | GOOG | Pandora down 4% to $16.10 after reports of Google music service
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| 06:52 EDT |  | GOOG | Google won't connect YouTube, Google Play music offerings, AllThingsD says Google is expected to launch music subscription services on both YouTube and Google Play, but won't connect the two services, unnamed music industry sources stated, according to AllThingsD.As a result, YouTube's free music won't help sell subscriptions to Google Play's service, the website stated. Reference Link |
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| 06:19 EDT |  | BBRY | BlackBerry downgraded to Market Perform from Outperform at Bernstein Price target lowered to $15. |
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| May 14, 2013 |
| 18:39 EDT |  | GOOG | Google to launch Spotify-like music service, WSJ reports
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| 17:50 EDT |  | GOOG | Google to launch Spotify-style streaming music service, DJ reports
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| 15:03 EDT |  | BBRY | BlackBerry falls after company update, levels to watch
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| 14:36 EDT |  | BBRY | Tone at BlackBerry user conference more upbeat this year, says RBC Capital
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| 13:54 EDT |  | GOOG | Google CEO Page discloses left vocal chord paralysis
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| 12:32 EDT |  | BBRY | On The Fly: Midday Wrap
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| 11:56 EDT |  | BBRY | BlackBerry mobile device management opportunity underappreciated, says Jefferies Jefferies said Blackberry's mobile device management, or MDM, opportunity is underappreciated. The firm expects MDM software to gain traction throughout the year and significantly ramp revenues next year, enabling the company to transition to an attractive business model. Shares are Buy rated with a $22 price target. |
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| 11:12 EDT |  | GOOG, BBRY | BlackBerry plans to bring BBM to iOS, Android this summer
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| 11:01 EDT |  | GOOG, BBRY | BlackBerry says bringing BBM platform to iOS, Android Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event. |
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| 10:49 EDT |  | SSNLF | Dell accuses optical disk drive makers of price-fixing, Bloomberg says
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| 09:54 EDT |  | GOOG | Synacor to present Cloud ID with Google+ Synacor (SYNC) announced it will demo Cloud ID Social Login with Google+ and advanced TV Everywhere technologies in the Developer Sandbox at Google I/O, May 15-17. |
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| 09:44 EDT |  | BBRY | Sprint says will launch BlackBerry Q10 in U.S. in late Summer
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| 09:41 EDT |  | BBRY | BlackBerry introduces Q5 smartphone with keyboard for select markets BlackBerry introduced the BlackBerry Q5, a BlackBerry 10 smartphone for selected markets that features a QWERTY keyboard with discrete keys. The new BlackBerry Q5 smartphone will be available in selected markets in Europe, the Middle East, Africa, Asia including the Asia Pacific region, and Latin America, with expected availability beginning in July. |
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| 09:35 EDT |  | BBRY | BlackBerry says Q5 mid-tier phone with keyboard to launch this Summer
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| 09:34 EDT |  | BBRY | BlackBerry says U.S. carriers to roll-out update of BB10 OS later this month
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| 09:34 EDT |  | BBRY | BlackBerry announces Q5 phone, a QWERTY device for emerging markets
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| 09:32 EDT |  | BBRY | BlackBerry CEO says U.S. carriers to start selling Q10 in early June
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| 09:25 EDT |  | GOOG | Google to expand Fiber service to Gladstone, Missouri
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| 08:01 EDT |  | BBRY | BlackBerry speculated to introduce low-cost phone at conference, AP says With BlackBerry CEO Thorsten Heins set to speak this morning at the company's annual three-day conference, speculation remains that the company will introduce a lower-priced phone at the event, according to Associated Press. Reference Link |
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| 07:50 EDT |  | SSNLF | Sharp to seek increased sales to Samsung, Reuters reports Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link |
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| 07:32 EDT |  | GOOG | Google ordered to change search hints by German court, AP reports
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| 06:52 EDT |  | GOOG | Google likely to focus on new Android services at conference, AllThingsD says
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| 06:22 EDT |  | SSNLF | Gartner reports Q1 mobile phone sales growth
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| May 13, 2013 |
| 15:22 EDT |  | SSNLF | Amazon confirms purchase of Samsung screen technology, The Digital Reader says
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| 13:21 EDT |  | GOOG | Google unifies storage limit, says 15 GB available free across services Google announced earlier in a blog post that its users will now get 15 GB of unified storage for free to use between Drive, Gmail, and Google+ Photos. The changes to Google Drive storage will roll out over the next couple of weeks and Google Apps users will also be getting shared storage, the company said. Reference Link |
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| 09:44 EDT |  | BBRY | BlackBerry shares rise in early trading, levels to watch The stock is up over 2.5% at time of writing, last at $15.94. RBC Capital noted today that sell through of the company's Q10 appeared healthy. Another alternative to Apple (AAPL), Nokia (NOK) is also on the rise today. At current price, next resistance is at $16.48. Support is at $15.47. |
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| 08:14 EDT |  | GOOG | Google volatility at low end of range as shares near record high into Google I/O
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| 08:06 EDT |  | BBRY | BlackBerry Q10 sell through looks healthy, says RBC Capital
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| 07:49 EDT |  | GOOG | Google price target raised to $950 from $875 at BofA/Merrill
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| 06:40 EDT |  | GOOG | Facebook Home not very popular so far, AllThingsD says Less than 1M people have downloaded Facebook's (FB) new Android app, Facebook Home, since the app was released about a month ago, AllThingsD reported Friday afternoon, citing statements by the social network. As far as popularity is concerned, the app is "not exactly a home run," AllThingsD stated. On the other hand, it is only currently available for five devices that use Google's (GOOG) Android operating system, the website added. Reference Link |
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| 06:09 EDT |  | SSNLF | Samsung announces plans to launch 5G by 2020
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| 06:00 EDT |  | BBRY | BlackBerry volatility low into BlackBerry Live
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| May 12, 2013 |
| 20:28 EDT |  | BBRY | BlackBerry shares could jump to low $20s-$30 this year, Barron's says If BlackBerry's BES, or BlackBerry Enterprise Server, is successful, the stock could reach the low $20s-$30s this year, Barron's stipulates in the Technology Trader column. The new BlackBerry network faces uncertainty, as it is unproven, the paper adds. Reference Link |
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| 15:18 EDT |  | GOOG | Google+ struggles to win over brands, Reuters says Two years after introducing Google+ the search giant is struggling to win over the brands and businesses that are its best customers in the Internet search market, Reuters says. Reference Link |
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| May 10, 2013 |
| 16:01 EDT |  | GOOG | Options Update; May 10, 2013 CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data. |
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| 14:52 EDT |  | GOOG | Market poised to end week higher as tech helps lead advance
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| 10:53 EDT |  | GOOG, SSNLF | Facebook adds Facebook Home launcher to more Android phones, androidcentral says Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link |
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| 09:38 EDT |  | GOOG | Active equity option families trading
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| 09:35 EDT |  | GOOG | Google may announce improved Nexus 7 with same price at I/O, CNET says
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| 08:03 EDT |  | SSNLF | Lenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports
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| May 9, 2013 |
| 15:04 EDT |  | GOOG | Google's YouTube announces subscription content On the official YouTube blog, Google unit YouTube announced it is launching a pilot program for some partners that will offer paid channels on YouTube with subscription fees starting at 99c per month. Reference Link |
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| 14:30 EDT |  | GOOG | Options Update; May 9, 2013
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| 11:35 EDT |  | BBRY | Rumor: BlackBerry moves up on renewed speculation of an investor stake
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| 09:38 EDT |  | GOOG | Active equity option families trading Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD. |
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| 09:06 EDT |  | BBRY | BlackBerry Street estimates are too low, says Scotia Capital
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| 06:10 EDT |  | SSNLF | DRAM shortages expected to impact PC players in Q2, DigiTimes says
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| 05:50 EDT |  | SSNLF | Samsung using its own parts to cut costs, WSJ reports Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link |
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| May 8, 2013 |
| 14:48 EDT |  | GOOG | Druckenmiller says Google his largest holding in U.S.
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| 13:00 EDT |  | BBRY | Wi-LAN announces patent infringement against BlackBerry
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| 09:37 EDT |  | GOOG | Active equity option families trading on open
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| 09:24 EDT |  | BBRY | On The Fly: Pre-market Movers UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer. |
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| 08:54 EDT |  | GOOG | Google Maps alleged redesign leaked, electronista reports
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| 08:23 EDT |  | GOOG | France, Germany want Google pressed on taxes, Reuters reports German and French politicians will press for Google to be questioned on corporate income tax after a Reuters report highlighted how the company employs sales staff in the U.K. while telling the tax authorities that sales are made from Ireland, reports Reuters. British lawmakers plan to call Google to testify again to a parliamentary committee to clarify what work it does there. Reference Link |
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| 07:45 EDT |  | BBRY | BlackBerry volatility low on historically tight four-month trading range
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| 07:40 EDT |  | BBRY | BlackBerry setting up for another tradable bounce, says Macquarie Macquarie believes Blackberry is setting up for another tradable bounce near-term given overly bearish sentiment. The firm does not believe there have been any supply chain adjustments and checks indicate June quarter production is ahead of initial estimates and that the Q10 is likely to be a bigger upgrade product for Enterprise subs than the Z10. The analyst rates shares a Neutral but sees a short squeeze rallying shares to $17+ on a decent Q10 sell-in. |
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| 07:10 EDT |  | SSNLF | Samsung faced with hugh cash pile, WSJ reports Samsung (SSNLF) now faces a new, enviable Apple-like (AAPL) challenge: a mammoth pile of unspent, accumulated cash. The company said its cash and cash equivalents grew to nearly $40B at the end of March. After stripping out debt, their net cash position is $28.5B, reports the Wall Street Journal.Reference Link |
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| 06:19 EDT |  | BBRY | BlackBerry Q10 demand remains robust, says Jefferies
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| 06:15 EDT |  | SSNLF, GOOG | Apple wants Google documents in Samsung suit, Bloomberg reports
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| 06:05 EDT |  | SSNLF | On the Fly: Periodicals Wrap-Up
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| May 7, 2013 |
| 12:54 EDT |  | GOOG | Google rumored to be planning stores to sell Google Glass, Business Insider says Google (GOOG) is rumored to be planning retail stores specifically to sell Google Glass, Business Insider reports, citing a source. Previous reports suggested Google was developing retail stores, like Apple (AAPL) and Microsoft (MSFT), to sell a variety of products. Reference Link |
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| 11:39 EDT |  | SSNLF | Samsung to open mini-shops in 1,400 Best Buy stores, LA Times reports
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| 10:54 EDT |  | GOOG | Media buyers upping budgets for FBX, site, search retargeting, eMarketer says More media buyers are planning to increase their investments in site, search and Facebook Exchange re-targeting, according to eMarketer, citing a survey by media-buying platform Chango. Reference Link |
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| 10:19 EDT |  | GOOG | Hack reveals AR app possibilities on Google Glass, engadget says
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| 09:50 EDT |  | GOOG | Tesla investigating autopilot technology, talked with Google, Bloomberg says Tesla Motors (TSLA) CEO Elon Musk said the company is considering adding technologies that can take over for drivers, according to an interview with Bloomberg. Tesla has talked with Google (GOOG) about its self-driving tech, though Musk prefers applications more like an airplane’s autopilot system, the report added. Reference Link |
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| 09:38 EDT |  | GOOG | Active equity option families trading
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| 09:18 EDT |  | BBRY | BlackBerry appears to be reducing build targets Cleveland Research Cleveland said its research indicates a mixed launch for the Q10, further disappointments with the Z10, and additional pressure on sever revenue with subscriber declines. The analyst said Blackberry is looking to reduce build rate and partners have now preparing for 6-8M units for the next several quarters vs. 10-12M units previously. Shares are Neutral rated. |
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| 09:00 EDT |  | BBRY | BlackBerry demand well below production levels, says Pacific Crest
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| 08:38 EDT |  | GOOG | Amazon leak reveals planned Windows 8 mini-tablet, Telegraph says According to a listing that appeared briefly on Amazon's (AMZN) U.S. website before being removed, a new 7-inch Acer tablet priced at $379.99 will be the first Microsoft (MSFT) Windows 8 small tablet, reported The Telegraph. This device is expected to be the first of number of mini W8 tablets that will compete with Apple's (AAPL) iPad Mini, Google's (GOOG) Nexus 7 and Amazon's own Kindle Fire, the report added. Reference Link |
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| 08:29 EDT |  | GOOG | Nokia leading force in regulatory attack against Google, Telegraph says
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| 08:28 EDT |  | SSNLF | Nokia to continue using Windows Phone software, Reuters reports
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| 08:05 EDT |  | SSNLF | Stable capactiy, rising demand to drive up memory prices, FT says After years of price competition and industry consolidation, analysts do not expect any new memory chip capacity to be introduced this year, which coupled with rising demand driven by smartphone growth is set to feed through into prices, Financial Times said. Samsung Electronics (SSNLF), SK Hynix and Micron (MU) now hold more than 90% of the D-Ram market and almost 100% of the Nand market is divided between those three and Intel (INTC), Toshiba (TOSBF) and SanDisk (SNDK), the report noted, citing analysts at Bernstein. Reference Link |
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| 07:10 EDT |  | GOOG | Some handset makers, telecoms seek third mobile platform, WSJ reports
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| 06:41 EDT |  | GOOG | Google Glass blasted by critics, NY Times says
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| 06:30 EDT |  | SSNLF | Samsung to begin selling OLD TVs in Korea in June, DigiTimes reports
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| 06:26 EDT |  | SSNLF | Samsung acquires connected TVs gaming startup MOVL, TechCrunch reports Samsung (SSNLF) has acquired MOVL, the maker of the Kontrol.tv API platform, which lets developers create apps to connect TVs via the cloud, a MOVL representative confirms to TechCrunch. Terms of the deal have not been disclosed. Reference Link |
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| 06:07 EDT |  | GOOG | On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports. |
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