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Stock Market & Financial Investment News

News Breaks
January 27, 2014
05:32 EDTSSNLF, ERICEricsson, Samsung reach agreement on licensing terms, details not disclosed
Ericsson (ERIC) and Samsung (SSNLF) have reached an agreement on global patent licenses between the two companies. The cross license agreement covers patents relating to GSM, UMTS, and LTE standards for both networks and handsets. The agreement includes an initial payment and ongoing royalty payments from Samsung to Ericsson for the term of the new multi-year license agreement. The initial payment in the agreement will impact Ericsson sales and net income in Q4 2013 by SEK 4.2 B. and SEK 3.3B. respectively. Ericsson expects that the initial payment in the agreement will impact Ericsson's operating cash flow in the beginning of 2014. The details of the agreement are confidential and will not be disclosed. Information of the financial impact of the initial payment on Ericsson's Q4 results will be included in Ericsson's Q4 earnings report.
News For ERIC;SSNLF From The Last 14 Days
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February 26, 2015
06:29 EDTSSNLFSamsung Galaxy S6 shipments expected to exceed 50M units, DigiTimes says
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06:28 EDTSSNLFSamsung to freeze 2015 salaries, WSJ says
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February 25, 2015
19:46 EDTSSNLFFacebook's Oculus a significant long term opportunity, says Piper Jaffray
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10:01 EDTSSNLFIDC reports Samsung retains 22% smartphone marketshare in India
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06:01 EDTSSNLFGlobal tablet shipments forecast at 221.4M units in 2015, DigiTimes says
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February 24, 2015
10:43 EDTSSNLFMicron drop on Apple speculation presents buying opportunity, says Stifel
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10:14 EDTSSNLFSamsung reportedly reaches deal with LG, Apple to supply DRAM, Korea Times says
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05:14 EDTERICEricsson, Leiga Warszawa announces six-year connectivity agreement
Ericson announces a service contract with Leiga Warszawa Municipal Stadium. The six-year agreement will ensure that visitors to the municipal stadium in Warszawa can enjoy carrier-grade Wi-Fi connectivity and value-added services accessible via a mobile app.
February 23, 2015
12:12 EDTSSNLFReport: Apple may be targeting next-gen experts from Samsung, Apple Insider says
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08:57 EDTSSNLFT-Mobile releases teaser image of Samsung Galaxy S6, The Verge says
T-Mobile (TMUS) CEO John Legere released a teaser image of Samsung's (SSNLF) upcoming Galaxy S6 smartphone and also confirmed the carrier will offer the S6, reports The Verge, citing tweets and a T-Mobile website. The teaser image suggest a metal backing and curved screen edges on both sides of the phone. An official reveal is expected March 1. Reference Link
07:00 EDTSSNLFUnconfirmed price leak shows Samsung SUHD TVs starting at $2,499, CNet says
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February 19, 2015
09:51 EDTSSNLFSamsung sees LoopPay tech built into smartphone hardware, TechCrunch says
Samsung will work to incorporate its recently-acquired LoopPay mobile payment technology directly into smartphone hardware, reports TechCrunch, citing statements by EVP and head of Samsung Mobile Injong Rhee. Rhee added that LoopPay is "compelling because of its coverage," as its technology allows it to work with roughly 90% of existing card payment terminals in U.S. stores. Samsung Innovation Center EVP David Eun noted the company will release new products incorporating the technology "in the near future" and hinted at the possibility of features like loyalty programs. Reference Link
February 18, 2015
15:43 EDTSSNLFSamsung to acquire digitial wallet start-up LoopPay
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10:42 EDTERICEricsson to hold a briefing
Chief Marketing & Communications Officer Norrman provides information on the company's participation at Mobile World Congress 2015 on an industry analyst telebriefing to be held on February 19 at 11 am. Webcast Link
09:09 EDTSSNLFLionsgate and Samsung launch exclusive virtual reality experience
Lionsgate (LGF) and Samsung (SSNLF) have teamed up to create the exclusive virtual reality experience "Insurgent- Shatter Reality". The four-minute visual work of art is a fully-immersive, 360-degree narrative experience set in the world of the upcoming feature film The Divergent Series: Insurgent.
08:21 EDTERICBofa European telecom equipment analysts hold analyst/industry conference call
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06:20 EDTSSNLFApple awarded patent for wireless head-mounted display, Financial Times reports
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February 17, 2015
09:54 EDTSSNLFIDC says Xiaomi outpaced Samsung for 2014 Chinese smartphone sales
Research firm IDC reports that Xiaomi achieved a 12.5% market share in China for 2014, while Samsung took second place with 12.1%. Chinese Q4 sales for Samsung fell to fifth place among smartphone makers, at 7.9% market share, down from 18.8% in 4Q13. IDC expects roughly 10% YoY growth for the 2015 smartphone market in China.
06:48 EDTSSNLFSamsung to use $56B for growth, M&A aquisitions, Reuters says
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05:53 EDTSSNLFSamsung to adopt 20nm process for 50% of 2015 DRAM output, DigiTimes says
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