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Stock Market & Financial Investment News

News Breaks
June 27, 2011
06:20 EDTSNE, C, WMG, VIVDYEMI likely to attract plenty of interest, Guardian reports
Four months after seizing control of EMI, Citigroup (C) is likely to attract plenty of interest from would-be buyers for the music major, the Guardian reports. Though EMI isn't required to put out financial information, company sources say the business is "trading well" and its underlying profits are holding up. Reference Link
News For C;VIVDY;WMG;SNE From The Last 14 Days
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June 18, 2013
17:12 EDTSNENvidia to begin licensing GPU cores, visual computing portfolio
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16:22 EDTSNEOn The Fly: Closing Wrap
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16:00 EDTCOptions Update; June 18, 2013
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12:21 EDTSNEOn The Fly: Midday Wrap
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09:49 EDTSNESony rises after Third Point raises stake to 7%, levels to watch
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09:05 EDTSNET-Mobile to be exclusive carrier of Sony Xperia Z smartphone
T-Mobile U.S. (TMUS) announced it will be the exclusive U.S. wireless company to carry the Xperia Z from Sony (SNE).
08:52 EDTSNEOn The Fly: Pre-market Movers
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07:42 EDTSNEMay U.S. retail video game sales fall 25%, Bloomberg reports
U.S. retail sales of video game hardware, software and accessories tumbled 25% to $386.3M this past May, with overall hardware sales down 31% from last year to $96M, reported Bloomberg citing data from NPD Group. Reference Link
07:39 EDTSNELoeb ups his Sony stake, pushes for entertainment IPO, WSJ reports
Hedge-fund investor Daniel Loeb's Third Point LLC increased its stake in Sony Corp. as it moved to persuade the company to launch an IPO of its entertainment division, reports the Wall Street Journal. Third Point added about 5M shares to its Sony stake, for a total of 70M shares, or 6.9% of the company. This morning in Tokyo, Loeb's fimr sent a letter from him to Sony CEO Kazuo Hirai reiterating their argument that Sony should sell a 15% to 20% stake in its entertainment arm, which comprises the company's movie and music businesses. Reference Link
07:29 EDTCSecurities Industry and Financial Markets Association to host a conference
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06:05 EDTSNESony implied volatility at upper end of index mean range
June 17, 2013
20:08 EDTSNEDan Loeb sends second letter to Sony, Variety reports
Dan Loeb has sent a second letter to Sony CEO Kazuo Hirai reiterating his proposal to spin-off Sony's entertainment assets, reports Variety. Reference Link
16:00 EDTCOptions Update; June 17, 2013
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14:27 EDTCCitigroup May net charge-offs 3.00% vs. 3.11% last month
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14:20 EDTCCriminal charges likely in Libor case, WSJ reports
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June 14, 2013
15:06 EDTSNESony CEO says electronics, entertainment units should be together, Nikkei says
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15:03 EDTSNESony CEO says electronics, entertainment units should be together, Nikkei says
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10:32 EDTSNEGameStop climbs after Oppenheimer ups rating on shares
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07:18 EDTSNESony volatility elevated on wide price movement
Sony June call option implied volatility is at 43, July is at 51, October is at 47; above its 26-week average of 37 according to Track Data, suggesting large price movement.
June 13, 2013
09:37 EDTCActive equity option families trading on open
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