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News Breaks
April 7, 2014
08:15 EDTSNE, CSCOCisco, Sony collaborate on live delivery of full-frame rate 4K 60P content
At NAB 2014, Cisco (CSCO) and Sony (SNE) will become the first companies to publicly demonstrate the live delivery of full-frame rate 4K 60P content. Live events in New York City will be captured with the Sony F55 4K camera, and HEVC encoded using Cisco's Videoscape AnyRes -- with enhanced support for 4K and HEVC. The live stream will be transported from New York to Las Vegas through a fiber optic network. The stream will then be delivered to the Las Vegas Convention Center, where it will be decoded with a Cisco set-top box with 4K support, and displayed on Sony XBR 4K Ultra HD TVs.
News For CSCO;SNE From The Last 14 Days
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September 3, 2015
08:06 EDTCSCOCisco has multiple positive catalysts, says Bernstein
Bernstein says that Cisco should be boosted by increased IT spending going forward, as well as data networking advancements it will soon launch and multiple new products that it will soon introduce. Bernstein expects Cisco's gross margins to rise significantly over the longer term due to organizational and technological changes it is making. It keeps a $34 price target and Outperform rating on the shares.
06:46 EDTCSCOCisco chairman Chambers still running the show, not CEO Robbins, BI reports
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06:41 EDTSNESony reaches settlement with former workers on data breach suit, AP reports
Former Sony Pictures Entertainment employees who had personal information posted online a year ago after a massive data breach reached a settlement in a proposed class action suit, the Associated Press reports, citing the employees' attorneys in a filing. The filing provides no details of the terms of the settlement nor how many people would be covered under it, the report says. Reference Link
September 1, 2015
19:22 EDTCSCOAmazon, Google, Netflix, others establish alliance to develop new media format
Amazon (AMZN), Cisco (CSCO), Google (GOOG), Intel (INTC), Microsoft (MSFT), Mozilla and Netflix (NFLX) announced the formation of the Alliance for Open Media, "an open-source project that will develop next-generation media formats, codecs and technologies in the public interest." The alliance added that it is committing its collective technology and expertise to meet "growing Internet demand for top-quality video, audio, imagery and streaming across devices of all kinds." The alliance's initial focus is to deliver a next-generation video format that is interoperable and open; optimized for the web; scalable to any modern device; optimized for hardware; capable of highest-quality and real-time video delivery; and flexible for both commercial and non-commercial content, including user-generated content. The initial project will create a new, open royalty-free video codec specification based on the contributions of members, said the group. Additional information on the alliance will be available later this year. Reference Link
10:56 EDTCSCORBC Capital to hold a bus tour
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09:34 EDTCSCOActive equity options trading on open
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07:49 EDTCSCOData networking shares should be bought on weakness, says Bernstein
Bernstein says that Cisco (CSCO), Juniper (JNPR), and F5 Networks (FFIV) are down almost 10% recently, although they have "limited exposure" to China, according to the firm. Additionally, even in the face of wider macro economic weakness, Cisco "would still be protected by a positive product cycle momentum," while Juniper would be shielded by "the late cycle nature" of the spending trends of its service provider customers, according to the firm. Bernstein keeps Outperform ratings on all the stocks named.
05:49 EDTSNESony Mobile Taiwan look to acquire 20% market share of wearables, DigiTimes says
Sony Mobile Taiwan is looking to acquire 20% market share for new wearable devices, reports DigiTimes. Sony Mobile Taiwan general manager Jonathan Lin said the company will treat Internet of Things and smart wearable device as the future development focus. Reference Link
August 31, 2015
20:04 EDTSNENext Apple TV device to feature deep support for gaming, 9to5Mac says
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14:05 EDTCSCOApple, Cisco announce partnership for 'fast lane' for iOS enterprise users
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11:03 EDTCSCOEricsson signs OSSii license agreements with Cisco and Tektronix
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August 30, 2015
17:13 EDTSNE'Compton' leads again as 'We Are Your Friends' stumbles at box office
Hip hop biopic "Straight Outta Compton" continued its domestic box office dominance while Christian drama "War Room" outpaced analyst estimates and electronic dance flick "We Are Your Friends" fizzled. U.S. WEEKEND LEADER: Comcast (CMCSA, CMCSK) subsidiary Universal's "Straight Outta Compton" grossed $13.2M domestically for the weekend of August 30, securing the top box office spot for a third consecutive week. In a record-breaking performance for musical biopics, the gangster rap film has earned $134.1M in the U.S. since opening earlier this month. Though Warner Bros.' (TWX) "We Are Your Friends" was predicted to challenge "Compton" with sales ranging $8M-$10M, the Zac Efron-led electronic music film flopped at just $1.8M. BOX OFFICE RUNNERS-UP: Produced with an estimated budget of $3M, Sony's (SNE) faith-based drama "War Room" debuted at $11M against expectations for $5M-$8.5M after leading in advance ticket sales. Viacom (VIA, VIAB) subsidiary Paramount's "Mission: Impossible Rogue Nation" relinquished its grip on second place with an $8.3M gross for the weekend, while Weinstein Company's action thriller "No Escape" opened in fourth place at $8.29M. "Sinister 2" from Comcast subsidiary Focus Features rounded out this weekend's Top 5 at $4.7M.
August 28, 2015
16:18 EDTCSCOCisco CEO Charles Robbins adopts 10b5-1 trading plan
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11:16 EDTSNEBattleground: Benchmark says sell GameStop, Piper says bears misguided
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10:43 EDTSNEFly Watch: 'Straight Outta Compton' expected to lead box office for third week
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07:43 EDTSNEGameStop bear thesis not playing out, says Piper Jaffray
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07:17 EDTCSCOCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
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August 25, 2015
09:35 EDTCSCOActive equity options trading on open
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August 21, 2015
12:13 EDTCSCOBrocade soars after Q3 results top estimates
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06:01 EDTSNEABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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