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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:23 EDTIBM, LNVGYIBM, Lenovo grappling with U.S. security concenrs, WSJ reports
IBM (IBM) and Lenovo (LNVGY) are working through ways to resolve U.S. security concerns over the proposed sale of IBM's computer-servers business to Lenovo that remains in limbo, reports the Wall Street Journal. According to people familiar with the matter, the U.S. government is investigating security issues around IBM's x86 servers, which are used in the nation's communications networks and in data centers that support Pentagon computer networks. U.S. security officials are worried the servers could be accessed remotely by Chinese spies or hackers, or compromised through maintenance. Reference Link
News For IBM;LNVGY From The Last 14 Days
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March 27, 2015
05:57 EDTLNVGYReport: Lenovo separates mobile business unit by brand, DigiTimes says
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March 26, 2015
12:17 EDTIBMEarnings Preview: Analyst sees BlackBerry's revenue bottoming in Q4
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07:25 EDTIBMThe Economist to hold a forum
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06:05 EDTLNVGYIntel to partner with notebook makers for Chromebook 2-in-1s, DigiTimes says
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March 25, 2015
11:09 EDTIBMU.S. government seen as likely to disprove of IBM deal, WantChinaTimes reports
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05:52 EDTLNVGYSamsung set to lead smartphone market in 2015, DigiTimes Research reports
Samsung (SSNLF) is set to lead the smartphone vendor rankings in 2015, reports DigiTimes Research. Samsung and Apple (AAPL) is expected to ship 330M and 230M smartphones, respectively in 2015, while Lenovoy (LNVGY) is set to up its shipments to 84M units. Reference Link
March 23, 2015
16:35 EDTIBMRambus licenses patents and technology solutions to IBM, terms undisclosed
Rambus (RMBS) announced it has signed both patent and technology license agreements with IBM (IBM). The patent license agreement authorizes IBM to integrate Rambus memory controller and serial link interface technologies. The technology license agreement will have Rambus develop and deliver high-performance memory interface design IP to enhance IBM systems and semiconductor offerings. Specific terms of the agreements are confidential.
06:00 EDTLNVGYReport: Motorola production base to begin operations on May 11, DigiTimes says
Motorola Mobility's new production base in Wuhan, China will begin commercial production on May 11, reports DigiTimes, citing a Chinese-language tech.sina.com report. The base will also look to accommodate a global operating hub and research and testing center that will come online in 2H16. Reference Link
06:00 EDTLNVGY, IBMAMD's former CEO may join Dell, Re/code reports
According to sources, former AMD (AMD) CEO Rory Read is close to a deal to join Dell, Re/code reports. Read, who also previously worked at Lenovo (LNVGY) and IBM (IBM), could become COO and president for global commercial sales at Dell. An announcement may come as early as today, the sources say. Reference Link
March 20, 2015
09:05 EDTIBMJefferies Euro offshore IT services analyst has analyst/industry conference call
Analysts discusses the market growth in Ofshore IT Services in Continental Europe which is expected to outpace project growth in the U.S., with Cognizant Technology Solutions/EPAM Systems best positioned and IBM/Hewlett Packard disadvantaged on an Analyst/Industry conference call to be held on March 20 at 10 am.
March 19, 2015
10:46 EDTIBMChinese firms using IBM technology in server chips, WSJ says
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09:04 EDTIBMIBM invests in Modernizing Medicine
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08:45 EDTIBMHouse Permanent Select Committee on Intelligence to hold a hearing
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March 18, 2015
05:21 EDTLNVGYMicrosoft announces Windows 10 to launch this Summer in 190 countries
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March 17, 2015
07:12 EDTIBMDeutsche Messe to hold a conference
CeBIT 2015 is being held in Hannover, Germany on March 15-20.
March 16, 2015
14:43 EDTLNVGYAnalyst sees Himax facing headwinds, risks in near-term
The shares of Himax Technologies (HIMX) are falling sharply after research firm Northland Securities warned that the company's March revenues could come in at the lower end of its guidance. Himax develops semiconductors used in thin film transistor-liquid crystal displays and displays using other technologies. WHAT'S NEW: The Chinese sales of smartphones made by a number of Himax's customers, including Samsung, Lenovo (LNVGY), and ZTE, have been weak, Northland analyst Tom Sepenzis wrote in a note to investors today. Additionally, Samsung's new smartphones will probably ship with OLED displays, rather than TFT displays, the analyst stated. These developments create risks for Himax in the March-June time period, according to Sepenzis. Meanwhile, January and February data reported by a number of Taiwanese vendors, including HTC and Taiwan Semiconductor (TSM), do not bode well for Himax, as their sales were down 26.5% in February versus January. Additionally, Sepenzis is now more pessimistic on the near-term outlook for sales of augmented reality headsets, leading him to believe that Himax's revenue from these products will be lower than he previously estimated in the near-term. The analyst kept a $110 price target and Outperform rating on the shares, as he remains upbeat on the company's longer term outlook. PRICE ACTION: In mid-afternoon trading, Himax dropped 51c, or 6.5% to $7.47.
12:56 EDTIBMIBM protest of Army contract an incremental negative for CACI, says Maxim
According to a Washington Technology article, IBM (IBM) successfully protested a $158M Army-payroll contract awarded to CACI (CACI). Maxim expects the contract to be re-evaluated and for CACI to still prevail and win, but the revenue ramp will take longer than previously anticipated. The firm rates CACI a Buy with a $101 price target.
12:54 EDTIBMContract awarded to CACI protested by IBM, Washington Technology reports
A $158M Army payroll and personnel contract that was awarded to CACI (CACI) has been successfully protested by IBM (IBM) and the contract has been dismissed, Washington Technology reports. Reference Link
March 15, 2015
16:14 EDTIBMBlackBerry collaborates with IBM, Samsung on SecuTABLET
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