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Stock Market & Financial Investment News

News Breaks
March 27, 2014
11:42 EDTMSFT, GME, SNEGameStop says sales of new consoles expected to remain strong in Q1
Regarding video game business, says sees industry with "tremendous" growth potential ahead. Says expects growth cycle to follow historical pattern. Says will continue to face strong box, online competitors in the pre-owned space. Sees FY sales growth in each of its categories. Sees FY14 CapEx about $160M, says will invest in remodels in 2014. Says sees opening 300-400 stores among its three brands this year through new store openings or acquisitions. Sees FY14 free cash flow $450M-$500M. Says shutting down Spawn Labs due to lack of demand from customers. Says "Titanfall" was well received, with four times more pre-orders on Xbox One (MSFT) than Xobx 360. Says greater than expected supply of Xbox One, PS4 (SNE) caused decline in older generation hardware. Comments made on the Q4 earnings conference call.
News For GME;MSFT;SNE From The Last 14 Days
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March 25, 2015
05:52 EDTSNEFoxconn to set up India production lines to respond to Sony demand, DigiTimes says
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March 24, 2015
13:57 EDTMSFTMicrosoft partnering with Adobe on Project Spartan
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08:45 EDTGMEGameStop should be bought on any guidance-related weakness, says Oppenheimer
Oppenheimer believes that GameStop's stock may fall when it provides its 2015 guidance after the close on Thursday, as the firm believes that the stronger dollar may weigh on the company's EPS somewhat, while the company may look to issue beatable guidance. The firm says that video game data has been positive recently, while the stock's valuation is "accomodative." It keeps an Outperform rating on the name.
March 23, 2015
11:31 EDTMSFTMicrosoft and Samsung expand global partnership
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06:00 EDTSNESony to reduce TV, smartphone orders to Taiwan partners, DigiTimes reports
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March 22, 2015
17:07 EDTMSFTFTC disclosures embolden potential EU Google probe, WSJ says
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March 20, 2015
07:37 EDTGMEGameStop should be bought if pulls back after Q4 report, says RW Baird
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06:36 EDTSNEWeb TV companies ask internet providers for special treatment, WSJ says
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06:06 EDTSNESony Mobile expected to reach revised smartphone shipment target, DigiTimes says
Sony Mobile said its Q4 smartphone shipments increased 20.2% sequentially to 11.9M units, reports DigiTimes. According to Taiwan-based hanset component suppliers, Sony Mobile is expected ship over 8M smartphones in the first calendar quarter of 2015, allowing the vendor to reach its revised target of 39.2M units for FY14. Reference Link
06:04 EDTMSFTGlobal smartphone shipments to reach 1.4B units in 2015, DigiTimes Research says
Global smartphone shipments in 2015 is expected to increase 16.4% to reach 1.40B units, reports DigiTimes Research. The shipment growth is due to higher growth in demand in emerging markets including India, Southeast Asia and Latin America. Android (GOOG) will account for 78.5% of 2015 global smartphone shipments, Apple's (AAPL) iOS 16.6%, Microsoft (MSFT) Windows 4% and BlackBerry (BBRY) 0.6%.Reference Link
March 19, 2015
12:06 EDTMSFTMicrosoft, Fuji Xerox announce patent agreement
Fuji Xerox and Microsoft (MSFT) announced a broad patent cross-licensing agreement. Building on a 2007 cross-licensing pact, the agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each otherís patent portfolios and accelerate research and development, the companies said. Fuji Xerox is a 75-25 joint venture between FUJIFILM (FUJIY) and Xerox Corporation (XRX).
08:43 EDTGMEGameStop March weekly volatility elevated into Q4 and outlook
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05:50 EDTMSFTMicrosoft, BlackBerry raises cooperation for software products, DigiTimes says
Microsoft and Blackberry have been increasing their cooperation with other companies to promote sales of software platforms and related services, reports DigiTimes. According to industry sources, the new eefforts come after their global smartphone market edge dropped 2.8% and 0.6%, respectively. Reference Link
March 18, 2015
12:09 EDTSNESony announces launch of PlayStation Vue in New York, Chicago, Philadelphia
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10:01 EDTMSFTPolycom and Microsoft announces new series of video collaboration solutions
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09:03 EDTMSFTMicrosoft price target lowered to $46 on rising headwinds at Morgan Stanley
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07:03 EDTMSFTSonus transitions enterprises to Microsoft Skype for business
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05:23 EDTMSFTQihoo 360 announces partnership with Microsoft
Qihu 360 (QIHU) announced a partnership with Microsoft (MSFT) to bring Windows 10, for free, to its customers in China through seamless upgrades. Qihu 360 will enable the Windows 10 upgrade with just a few clicks for their customers with accelerated download speeds. As a result, millions of Qihu 360 users will be able to upgrade to Windows 10 quickly and easily.
05:22 EDTMSFTMicrosoft announces strategic partnership with Tencent
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05:21 EDTMSFTMicrosoft announces Windows 10 to launch this Summer in 190 countries
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