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Stock Market & Financial Investment News

News For ERIC;SSNLF From The Last 14 Days
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October 1, 2014
07:32 EDTSSNLFSamsung set to invest $560M to build plant in Vietnam, Reuters reports
Samsung is set to spend $560M to build a 700,000 square meter TV production plant in Vietnam, Reuters reports. Reference Link
06:13 EDTSSNLFABI: Branded tablets to disappoint with 2.5% growth in 2014, DigiTimes says
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September 30, 2014
06:30 EDTSSNLFReport: Apple to receive iPad panels from Samsung in 2H14, DigiTimes says
Apple (AAPL) is expected to receive 9.7- and 12.9-inch iPad panels from Samsung (SSNLF) Display in 2H14, reports DigiTimes, citing Korean-based news source inews24. Samsung will reportedly dedicate most supply from a 5G Plane to Line Switching line to Apple. Reference Link
September 29, 2014
11:50 EDTERICEricsson set to buy Ambient Corp.out of bankruptcy, WSJ says
Ericsson is set to acquire Massachusetts-based Ambient Corp. for $7.5M, says the Wall Street Journal. Ambient filed for bankruptcy on July 28 because it was having trouble selling its "smart grid" technology to power companies, added the Wall Street Journal. Reference Link
07:03 EDTERICNeuStar plans to send report to FCC this week, NY Times says
NeuStar (NSR) plans this week to send the Federal Communications Commission a 45-page report done by former secretary of the Department of Homeland Security, Michael Chertoff, New York Times says. The report discusses national security concerns should NeuStar lose its $446M phone call routing contract to Ericsson (ERIC), as recommended to the FCC by a private phone-industry panel, the paper adds. Reference Link
September 26, 2014
11:35 EDTSSNLFMicron advances after results, outlook beat expectations
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11:19 EDTSSNLFGoogle adds requirements for Android manufacturers, The Informatoin reports
Google (GOOG) may be adding requirements for dozens of manufacturers including Samsung (SSNLF), Huawei and HTC that want to build devices powered by Android, reports The Information. According to obtained confidential documents, the new requirements may include increasing the number of Google apps that must be pre-installed to as many as 20, placing more Google apps on the home screen and making Google Search more prominent. Reference Link
06:37 EDTSSNLFReport: Samsung won't mass-produce Galaxy Note, Gizmodo says
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September 25, 2014
06:07 EDTSSNLFGlobal tablet sales momentum to slow down in 2015, DigiTimes reports
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September 24, 2014
09:59 EDTERICOn The Fly: Analyst Downgrade Summary
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07:56 EDTERICEricsson downgraded to Neutral at UBS
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06:46 EDTSSNLFSamsung to exit laptop business in Europe, PCAdvisor reports
Samsung plans to exit its laptop market, including Chromebooks, in Europe although it will not affect its computer business in other regions, reports PCAdvisor. In a statement obtained by PCAdvisor, a company spokesman said "We quickly adapt to market needs and demands. In Europe, we will be discontinuing sales of laptops including Chromebooks for now. This is specific to the region and is not necessarily reflective of conditions in other markets." Reference Link
06:26 EDTSSNLFSamsung to incorporate Tizen to home-use electronics in 2015, DigiTimes says
Samsung plans to incorporate Tizen OS in its home-use electronics and LCD TVs in 2015, reports DigiTimes. According to Taiwan-based supply chain makers, the company is attempting to boost the penetration of Tizen using its global market status and to set up a platform for developing the Internet of Things. Reference Link
05:22 EDTERICEricsson downgraded to Neutral from Buy at UBS
05:03 EDTSSNLFAT&T to offer Samsung Gear S
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September 23, 2014
12:58 EDTSSNLFSamsung still supplying 40% of A8 chips for iPhone 6, 6 Plus, Re/code says
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07:28 EDTSSNLFBlackBerry prices 'Passport' below competing high-end smartphones, WSJ says
BlackBerry, whose Passport smartphone marks its first global launch since its BB10 operating system, is pricing the new phone at $599 in the U.S. without subsidies, which is below Apple's (AAPL) iPhone 6, which starts at $649 without contract, and Samsung's (SSNLF) Galaxy S5, which was similarly priced at about $650 at launch, reported The Wall Street Journal. Reference Link
September 22, 2014
09:49 EDTERICEricsson to hold a briefing
CEO Vestberg provides a briefing on sustainability and corporate responsibility initiatives at the NASDAQ offices in New York on September 22 at 10:30 am.
09:06 EDTERICEricsson acquires majority stake in Apcera
Apcera also announced that Ericsson has acquired a majority stake in the company. In addition, Ericsson has made a significant commitment to fund future operations and fuel growth and sales channel expansion. The all-cash deal is expected to close in Q4 and marks the most significant investment to date in deploying the next generation of PaaS technology. Apcera will retain its name and operate as a standalone company. Founder and CEO Derek Collison will continue as CEO. The company plans to immediately accelerate hiring as it prepares for expected growth.
07:14 EDTERICGSM Association to hold a conference
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06:34 EDTSSNLFGoogle selects HTC to make 9-inch Nexus tablet, WSJ reports
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September 19, 2014
10:59 EDTSSNLFSamsung working with PayPal for mobile payments on smartwatch, Gigaom says
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September 18, 2014
07:26 EDTSSNLFGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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06:45 EDTSSNLFMobile DRAM bit growth to reach 37.5% in 2H14, DigiTimes Research reports
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05:15 EDTERICEricsson discontinues development of modems
Ericsson announced it will discontinue future development of modems and shift parts of resources in modems to radio network R&D to better capture growth opportunities in this area. The change in strategy for modems comes as the company completes its previously communicated evaluation of the future of the modems business. In order to capture opportunities in radio networks, especially within small cells, energy efficiency and M2M, Ericsson has an immediate need to increase its R&D resources by approximately 500 people. Parts of the Modems organization have a relevant R&D competence base to support this growth.
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