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Stock Market & Financial Investment News

News Breaks
February 24, 2014
06:32 EDTALU, ACN, NOK, IBM, ERICEricsson after more revenue from network equipment services, Bloomberg says
Ericsson (ERIC) CEO Hans Vestberg, wants his company to be more than a supplier of base stations and antennas, it also wants to partner with firms and run and maintain everything from phone networks to computer systems, while providing consulting and software, reports Bloomberg. The competition is stiff. The nearly $300B that phone carriers spend each year on services attracts rivals Nokia Oyj (NOK) and Alcatel-Lucent (ALU), as well as IIBM (IBM) and Accenture (ACN). Reference Link
News For ERIC;NOK;ALU;IBM;ACN From The Last 14 Days
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August 31, 2015
19:01 EDTIBMIBM signs AU$450M strategic partnership with ANZ
ANZ has signed a five-year, AU$450M strategic agreement with IBM. This partnership will provide ANZ with increased capability to drive productivity and innovation across the Group, as well as improving its capacity to deal with the rapidly growing number of customers and transactions across the bank's branch, digital and mobile channels and support ANZ's regional expansion. The agreement includes access to IBM's vast software portfolio, an Innovation Lab, next generation cloud development capabilities and core systems infrastructure. The IBM agreement will provide common platforms across ANZ's network as it continues to grow as a super-regional bank and will allow the Bank to deliver a more integrated and innovative banking experience for digital customers.
12:27 EDTALUAltice names Michel Combes as COO of the Group, Chairman of Numericable-SFR
Altice (ATCEY) announced the appointment of Michel Combes as both COO of the Group and as Chairman of the Board of Numericable-SFR. Michel Combes was CEO of Alcatel-Lucent (ALU), CEO of Vodafone Europe (VOD), Chairman and CEO of TDF as well as CFO and Senior Executive VP of France Telecom.
11:03 EDTERICEricsson signs OSSii license agreements with Cisco and Tektronix
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06:24 EDTNOKCCI charges Google with abusing market dominance, Economic Times reports
The Competition Commission of India is charging Google (GOOG) with abusing its dominant market position by rigging search results, a claim corroborated by Flipkart, Facebook (FB), Nokia's (NOK) maps division, MakeMy-Trip.com (MMYT), and several other companies, the Economic Times reports. The case marks the first globally where an antitrust body is formally raising such charges against Google, the report says. CCI might impose a fine of up to 10% of Google's income, the report says. Reference Link
August 28, 2015
16:11 EDTACNAccenture acquires AD.Dialeto, terms not disclosed
Accenture has acquired AD.Dialeto, an independent Brazilian digital agency, strengthening its digital marketing services provided through Accenture Interactive, part of Accenture Digital. As a result of the acquisition, Accenture will enhance its ability to serve clients in the growing Latin American market with digital marketing and commerce services that help maximize a return-on-investment of their digital programs. Terms of the transaction were not disclosed.
09:02 EDTIBMIBM and GENCI announce collaboration
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06:19 EDTNOKNokia and China Huaxin sign MOU to create new venture
Nokia and China Huaxin Post & Telecommunication Economy Development Center have signed a memorandum of understanding confirming their intention to combine Nokia's telecommunications infrastructure businesses in China and Alcatel-Lucent Shanghai Bell into a new joint venture. As agreed under the MoU, Nokia expects to hold 50% plus one share in the new joint venture, with China Huaxin holding the remaining shares. Fair value compensation would be received for the contribution of relevant assets to the joint venture. The new joint venture is conditional on and would be formed after the closing of Nokia's planned combination with Alcatel-Lucent, at which point Nokia would own 50% plus one share of ASB. The new joint venture is expected to be a strong national asset based in China capable of delivering value for both parties.Nokia China and ASB are leaders in the Chinese telecommunications infrastructure market and both are long-standing contributors to the development of China and innovation in the country. The new joint venture would have one board of directors, one management team, unified customer and business functions, and one integrated product portfolio and R&D platform. Until the closing of the proposed combination between Nokia and Alcatel-Lucent, Nokia China and ASB will continue to operate as two independent companies.
August 27, 2015
13:49 EDTIBMIBM volatility elevated on wide price movement
IBM current 30-day call option implied volatility is at 23, compared to a one-month ago level of 18, suggesting large price movement.
08:05 EDTACNAECOM names Mary Finch as Chief Human Resources Officer
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05:37 EDTERICEricsson renews playout services contract with ITV
Ericsson announced that it has renewed its playout services contract with ITV, the UK's leading commercial television network. The contract, which has been extended until 2024, will see Ericsson continue to provide playout services for ITV's portfolio of channels including ITV, ITV2, ITV3, ITV4, ITV HD and CITV and their associated regional variants as well as ITV's newest TV channels, ITV Encore and ITVBe. As part of the contract, Ericsson has designed, built and integrated a state-of-the-art scalable simulcast platform for ITV. The modular infrastructure will allow ITV the flexibility to deliver new services and launch existing services onto new platforms, easily and with a high level of resilience.
August 26, 2015
08:40 EDTIBMIBM upgraded to Buy at Argus on valuation, easier comps
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08:06 EDTACNLiberty Bank chooses Accenture for loan origination technology
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07:44 EDTIBMIBM upgraded to Buy from Hold at Argus
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August 21, 2015
12:18 EDTNOKMicrosoft to cut up to 2,300 jobs in Finland, Reuters reports
Microsoft (MSFT) will cut up to 2,300 jobs in Finland and close Nokia's (NOK) former handset product development unit in Salo, Reuters reports. The cuts are part of Microsoft's plans to cut 7,800 jobs globally. Microsoft will keep open sites in Espoo and Tampere. Reference Link
12:13 EDTIBMBrocade soars after Q3 results top estimates
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06:01 EDTIBMABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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August 20, 2015
18:07 EDTIBMBrocade seeing pressure in server business due to IBM-Lenovo deal
Brocade (BRCD) says "where we've really seen pressure has been in our server related business," due to market conditions as well as divestiture of IBM's (IBM) commodity business to Lenovo (LNVGY). Says growth of flash storage continues to be one of the "most disruptive" factors in data center. Comments taken from Q3 earnings conference call.
14:39 EDTALUEarnings Watch: Hewlett-Packard reports ahead of company split
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05:46 EDTNOKNokia Networks expand use of WANdisco big data technology
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August 19, 2015
16:08 EDTACNLeidos awarded $4.3B DoD contract
Leidos (LDOS) was awarded a prime contract by the Department of Defense, or DoD, to provide an off-the-shelf electronic health record solution, integration activities and deployment across the Military Health System. The contract, known as the Defense Healthcare Management System Modernization, or DHMSM, program, is an initiative designed to modernize the military's healthcare system in a meaningful way, enabling patients and clinicians to capture and share health data that can improve the continuity and quality of care for 9.6M active military, their families, and their beneficiaries. As the prime contractor, Leidos established a team of proven innovators and industry leaders to form the Leidos Partnership for Defense Health. Cerner (CERN), Accenture Federal Services (ACN) and Henry Schein (HSIC) form the core team, complemented with a broad range of large and small business teammates, vendors and suppliers who bring proven experience and expertise specific to both the commercial and DoD healthcare markets.

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