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Stock Market & Financial Investment News

News Breaks
May 22, 2014
08:25 EDTBBY, SSNLF, SNEBest Buy says to open 500 Samsung, 350 Sony home theater stores this quarter
Says will open 500 Samsung Entertainment (SSNLF), 350 Sony Experience (SNE) stores within stores this quarter. Says since Q4, annualized cost reductions have increased an additional $95M, bringing the total annualized cost reductions to $860M. Says online sales represented 8.2% of sales in Q1, up from 6.3% a year ago. Sees ongoing softness in mobile phone category in Q2, Q3. Comments made on the Q1 earnings conference call.
News For BBY;SSNLF;SNE From The Last 14 Days
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August 26, 2014
07:04 EDTBBYBest Buy sees ongoing softness in mobile phone category
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07:03 EDTBBYBest Buy CFO sees SSS down in low single digits in Q3, Q4
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07:02 EDTBBYBest Buy: Benefits of Renew Blue cost reduction drove Q2 results
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07:01 EDTBBYBest Buy reports Q2 continuing ops EPS 44c, consensus 31c
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August 25, 2014
15:18 EDTBBYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Best Buy (BBY), consensus 31c; Golar LNG (GLNG), consensus (7c); DSW (DSW), consensus 32c; Tech Data (TECD), consensus 77c; Sanderson Farms (SAFM), consensus $3.82; Movado (MOV), consensus 54c; Trina Solar (TSL), consensus 14c.
14:14 EDTBBYBest Buy technical comments ahead of results
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10:24 EDTBBYBest Buy weekly volatility increases into Q2 and outlook
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07:46 EDTSSNLFSamsung acquisitions underscore smart home ambitions, FT says
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06:44 EDTSNESony's PSN back online following cyber attack
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06:04 EDTSNEAmerican Airlines flight diverted as Sony exec receives threat, Re/code reports
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August 24, 2014
16:34 EDTSNESony says PlayStation impacted by Denial of Service attack
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August 22, 2014
11:59 EDTSNEGameStop surges after Q2 EPS, revenue beat expectations
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06:37 EDTBBYBest Buy weekly volatility elevated into Q2 and outlook
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06:14 EDTSSNLFSamsung resumes supply of mobile RAM for next-generation iPhone, DigiTimes says
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05:07 EDTSSNLFParkerVision names Samsung as additional defendant in patent infringement suit
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August 21, 2014
06:58 EDTSSNLFLarge-size panel demand increases in Q2 with LG Display in lead, DigiTimes says
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06:12 EDTSSNLFDRAM prices making downward correction with oversupply concerns, DigiTimes says
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August 20, 2014
09:32 EDTSSNLFSamsung, Barnes & Noble announce new Samsung Galaxy Tab 4 NOOK
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August 19, 2014
15:48 EDTSSNLFCNET to hold a live blog
CNET holds a live blog of the unveiling of Samsung and Barnes & Noble's Nook tablet in New York on August 20 at 9:30 am. Webcast Link
06:22 EDTSSNLFSamsung acquires Quietside to boost 'smart home' business, Reuters says
Samsung announced that it purchased air conditioner firm Quietside in an effort to boost its "smart home" division, according to Reuters, citing a statement from the company. Samsung said, "Because air conditioning products are a necessity in all buildings, including homes and offices, this acquisition is expected to be of help to our future smart home business." Reference Link
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