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Stock Market & Financial Investment News

News Breaks
December 24, 2012
06:13 EDTSSNLF, GOOGMotorola poaches Samsung executive Brian Wallace, AllThingsD reports
Google's (GOOG) Motorola has hired Brian Wallace, the VP of strategic marketing at Samsung's (SSNLF) U.S. phone unit, to fill a similar role at Motorola, AllThingsD reported on Friday. Reference Link
News For GOOG;SSNLF From The Last 14 Days
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July 30, 2015
18:56 EDTGOOGFacebook plans drone test later this year, AP says
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15:19 EDTGOOGGoogle pitching new version of 'Glass' to businesses, WSJ reports
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14:34 EDTGOOGGoogle rejects global delisting request from French regulator
In a company blog post published Thursday, Google global privacy counsel Peter Fleischer said the tech giant respectfully disagrees with French regulator CNIL's recent delisting request. According to the blog, CNIL requested that Google apply French "right to be forgotten" requests -- whereby a citizen requests removal of search results containing his or her name -- to all versions of Google across the globe, rather than just French or European versions of the search engine. "We believe that no one country should have the authority to to control what content someone in a second country can access," said Fleischer. Reference Link
12:23 EDTGOOGGoogle loses patent royalty battle with Microsoft, Bloomberg reports
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12:20 EDTGOOGGoogle denies French request to apply 'right to be forgotten,' Reuters says
Google is denying a request from the French privacy watchdog to clean search results worldwide when users invoke their "right to be forgotten" online, Reuters reports. Reference Link
11:37 EDTGOOGFacebook price targets hiked while shares slide after earnings
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11:26 EDTGOOGAppeals court affirms lower court judgment in Microsoft, Motorola patent suit
The 9th Circuit Appeals court affirmed the judgment of a district court in a patent lawsuit between Microsoft (MSFT) and Motorola, which is now owned by Google (GOOG). In its ruling, the appeals court wrote: "With the partiesí consent, the district court conducted a lengthy, thorough bench trial on the RAND rate and range. The court analyzed that evidence in its exhaustive findings of fact and conclusions of law, in a manner consistent with the Federal Circuitís recent approach to establishing damages in the RAND context. The courtís factual findings were properly admitted at the jury trial. The juryís verdict was supported by substantial evidence, and its damages award was proper." In a tweet after the ruling was released, Markman Advisors, which specializes in patent law, stated that Microsoft, Qualcomm (QCOM), InterDigital (IDCC) and others will be affected by this ruling, which it characterized as "tough for licensors of standard-essential patents."
08:56 EDTSSNLFTaiwan LCD TV maker shipments down 8.6% in Q2, Digitimes reports
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07:00 EDTSSNLFSamsung expects smartphone demand growth to slow in second half
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06:58 EDTSSNLFSamsung sees Q3 smartphone demand growing slightly vs. Q2
Samsung expects Q2 smartphone demand to grow slightly quarter-over-quarter. The company expects "solid mobile and server demand due to seasonality and launch of new products." It adds, "Despite downside risk in LCD, expect overall earnings to remain at a similar level to the previous quarter due to improvement in OLED."
06:57 EDTSSNLFSamsung reports Q2 net profit 5.75T won vs. 6.25T won last year
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06:48 EDTSSNLFGlobal tablet market fell 7% y/y in Q2, DigiTimes reports
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05:55 EDTSSNLFMasterCard, Samsung extends partnership to deliver Samsung Pay in Europe
MasterCard (MA) and Samsung (SSNLF) announced they are extending their global partnership leveraging the MasterCard Digital Enablement Service to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment service that will enable consumers to use their Samsung flagship mobile devices to make every day in-store purchases at contactless and magnetic stripe terminals leveraging NFC and MST technologies.
July 29, 2015
06:23 EDTGOOGTwitter's VP of product management Christian Oestlien departs for YouTube
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July 28, 2015
14:57 EDTSSNLFAnalyst skeptical after 'amateurish' Micron, Intel memory presentation
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10:47 EDTGOOGUBS says YouTube paid service could be $1B business
Google's (GOOG, GOOGL) revenue could increase by about $1B or more if it decides to offer a paid, ad free version of its YouTube website in the U.S., UBS wrote in a note to investors today. The firm made the estimate based on a survey it conducted of U.S. consumers. WHAT'S NEW: YouTube remains well-positioned to benefit from the growth of online video, UBS analyst Eric Sheridan stated. After UBS conducted a survey of U.S. adult consumers, Sheridan reported that the survey found that 27% of U.S. consumers would probably subscribe to a paid, ad free version of YouTube. According to Bloomberg, YouTube has decided to launch such a service in coming months. If only 5% of U.S. YouTube users buy subscriptions to the service, Google's revenue would rise by about $943M, Sheridan estimated. Following the survey, the analyst is more confident that Google will meet his revenue estimates, which exceed consensus levels. Specifically, he predicted that Google's revenue for the second half of 2015 would come in at $32.4B, versus the consensus outlook of $31.8B, while its 2016 revenue would be $72.2B, compared with the consensus estimate of $69.7B. Sheridan kept a $750 price target and Buy rating on the stock. WHAT'S NOTABLE: Other companies that are significantly exposed to online video include Netflix (NFLX), Facebook (FB) and AOL, which has been acquired by Verizon (VZ). PRICE ACTION: In morning trading, Google Class A shares were little changed at $657.55.
09:20 EDTGOOGGoogle well positioned to benefit from online video shift, says UBS
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06:46 EDTSSNLFSamsung to unveil bigger Galaxy S6 Edge on August 13, WSJ reports
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06:15 EDTGOOGVessel recruits former YouTube exec Kirkbride, Re/code reports
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06:14 EDTGOOGGoogle recently attempted to buy Impossible Foods, The Information reports
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