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Stock Market & Financial Investment News

News Breaks
January 27, 2014
05:32 EDTERIC, SSNLFEricsson, 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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April 14, 2014
12:29 EDTSSNLFSamsung partners with SingTel to increase wireless usage, Nikkei reports
Singapore Telecommunications has partnered with Samsung to increase wireless data usage in emerging markets, Nikkei reports. Reference Link
10:09 EDTERICEricsson falls, levels to watch
Shares are down 3.5% in a narrow range of $12.60 at the low to $12.67 at the high. At current price resistance is at $13.13, the prior day close. Support is at $12.46.
06:40 EDTSSNLFNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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06:11 EDTSSNLFIntel works with HzO to enhance water resistance in products, DigiTimes says
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April 11, 2014
10:19 EDTERICQualcomm, Ericsson recommended by RBC Capital
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09:19 EDTSSNLFANADIGICS ships AWC6383 dual-band ProVantage PA to Samsung
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09:09 EDTERICQualcomm Ericsson recommended for near-term at RBC Capital
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06:47 EDTSSNLFSamsung ups S5 incentives to fend off rivals, Bloomberg says
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06:46 EDTSSNLFDocuments: Samsung misled investors about Galaxy tablet sales, Fotune says
According to documents revealed in the Samsung (SSNLF)-Apple (AAPL) lawsuit, Samsung misled the public about how many tablets it sold in 2011, Fortune reports. Strategy Analytics told the world Samsung sold 2M Galaxy Tablets in six weeks, when "it took Samsung all of 2011 to sell half that many." Reference Link
06:08 EDTSSNLFMemory suppliers look to bundle NAND flash sales with DRAM chips, DigiTimes says
Some memory device suppliers may be pushing sales of NAND flash chips with DRAM chips in an effort to easy the oversupply of NAND flash products, reports DigiTimes. According to market sources, the prices of NAND chips have continued to decline this year due to the capacity ramps from major companies. Reference Link
April 9, 2014
07:54 EDTSSNLFSamsung, Apple pushed to make high-end phones less costly, Reuters says
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06:18 EDTSSNLFApple seeks $2.2B in damages from Samsung in patent infringement, WSJ says
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06:13 EDTSSNLFSupply chain gears up for component orders for tablets, DigiTimes reports
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05:46 EDTERICEricsson chosen as major LTE supplier by Far EasTone in Taiwan
Far EasTone, a telecommunications operator in Taiwan, has announced that it has chosen Ericsson as its major LTE supplier. Ericsson will provide hardware, software and support services, rolling out a multi-access RAN and core network for both 3G and 4G services, as well as assisting with network optimization.
April 8, 2014
18:13 EDTSSNLFSamsung looks to rapidly restructure, Nikkei reports
Due to slowing smartphone profits, Samsung is racing to restructure itself, Nikkei reports. Reference Link
12:10 EDTSSNLFIneda Systems says secures funding from Samsung, Qualcomm
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April 7, 2014
19:39 EDTSSNLFSamsung Q1 operating profit 8.4T won, consensus 8.3T won, Bloomberg says
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13:05 EDTSSNLFAnalyst says semiconductor stocks attractive after decline
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07:37 EDTSSNLFApple considered dumping long-time ad agency, WSJ reports
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07:33 EDTSSNLFFLIR Systems hires Travis Merrill as Chief Marketing Officer
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