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Stock Market & Financial Investment News

News Breaks
February 1, 2014
12:55 EDTSSNLF, ERICEricsson could add 25% in value this year, Barron's says
Ericsson (ERIC) could add 25% in value driven by the company's licensing deal with Samsung (SSNLF) and the potential for consolidation in the network-gear industry, Barron's contends in its International Trader column. Reference Link
News For ERIC;SSNLF From The Last 14 Days
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January 16, 2015
06:10 EDTSSNLFGlobal notebook shipments to reach 46M units in Q4, DigiTimes Research says
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January 15, 2015
13:07 EDTERICNetworking trends seen as boon for Cisco, others
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07:02 EDTERICTrends positive for data networking names, says Bernstein
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06:33 EDTSSNLFSamsung says BlackBerry rumors 'not true,' Yonhap News reports
In response to media reports that Samsung (SSNLF) is in talks to buy BlackBerry (BBRY) for up to $7.5B, a Samsung spokesperson says "It is not true," Yonhap News reports. BlackBerry also denied rumors of a potential deal. Reference Link
06:17 EDTERICVodafone CTO Steve Pusey to retire, Johan Wibergh appointed as successor
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06:14 EDTSSNLFSamsung may dump Qualcomm chip in Galaxy S6 for own processor, DigiTimes says
Samsung (SSNLF) may dump Qualcomm's (QCOM) Snapdragon 810 processor for use in its next-generation Galaxy S smartphone in favor of its own Exynos-series chip, reports DigiTimes. According to other industry sources, Samsung's Galaxy S6 may have two versions using either Qualcomm's Snapdragon processors or Samsung's own Exynos chips. Reference Link
06:04 EDTSSNLFBlackBerry turned down multiple takeover offers, Globe and Mail reports
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January 14, 2015
17:50 EDTSSNLFBlackBerry down 15% following denial of discussions with Samsung
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17:36 EDTSSNLFBlackBerry issues response to Samsung takeover bid, denies discussions
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16:33 EDTSSNLFOn The Fly: Closing Wrap
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16:06 EDTSSNLFBlackBerry approached by Samsung about potential takeover, Reuters says
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15:58 EDTSSNLFBlackBerry continues rise, up 28% after report on Samsung approach
Shares of smartphone maker BlackBerry (BBRY) surged in late day trading following a Reuters report that said rival Samsung (SSNLF) had approached the Canadian company to discuss a potential takeover offer. Reuters said that Samsung executives discussed a potential bid in a range of $13.35 to $15.49 per share with BlackBerry. Heading into the close, BlackBerry shares are up 28.5% to $12.48.
15:47 EDTSSNLFBlackBerry jumps 16% following report of Samsung takeover approach
15:46 EDTSSNLFSamsung discussed bid of $13.35-$15.49 per share with BlackBerry, Reuters says
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15:44 EDTSSNLFBlackBerry received takeover offer from Samsung, Reuters reports
07:58 EDTSSNLFQuantum Dot bumps OLED at cutting edge of TV tech, WSJ says
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06:20 EDTSSNLFSamsung to start selling Z1 Tizen smartphone in India today, WSJ reports
Samsung's Z1 smartphone, which is based on its homegrown Tizen mobile operating system, will go on sale today in India, The Wall Street Journal reports. The company first said it would launch a Tizen smartphone in 2H12. Reference Link
06:14 EDTSSNLFMediaTek: Worldwide tablet shipments rise at slower pace, DigiTimes says
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05:49 EDTERICApple sues Ericsson over patent royalty rates, Bloomberg says
Apple (AAPL) filed a lawsuit against Ericsson (ERIC) in the U.S. District Court for the Northern District of California, stating that Ericsson's royalty rates are excessive and its patents are not essential to LTE standards, reports Bloomberg. Reference Link
05:28 EDTERICEricsson files complaint against Apple in U.S. District Court
Following Apple's (AAPL) action, Ericsson (ERIC) has filed a complaint in the U.S. District Court for the Eastern District of Texas requesting a ruling on Ericsson's proposed global licensing fees with Apple. During the past two years of negotiations, the companies have not been able to reach an agreement on licensing of Ericsson's patents that enable Apple's mobile devices to connect with the world and power many of their applications. Ericsson filed the suit in order to receive an independent assessment on whether Ericsson's global licensing offer complies with Ericsson's fair, reasonable, and non-discriminatory, or FRAND, commitment. The global license agreement between Ericsson and Apple for mobile technology has expired and Apple has declined to take a new license on offered FRAND terms. Ericsson's Q4 IPR revenue will include payment from Apple under previous agreement. Every Apple smartphone and tablet with cellular capability uses technology from Ericsson. On January 12, Apple filed a lawsuit asking the U.S. District Court for the Northern District of California to find that it does not infringe a small subset of Ericsson's patents.
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