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Stock Market & Financial Investment News

News Breaks
August 15, 2014
16:10 EDTIBM, LNVGYIBM issues statement on U.S. regulatory approval of x86 server sale to Lenovo
IBM (IBM) released the following statement. "IBM is pleased to announce it has received notice from the Committee on Foreign Investment in the United States, or CFIUS, of the successful conclusion of the committee’s review of the divestiture of its x86-based server business to Lenovo (LNVGY). The clearance by CFIUS of this transaction is good news for both IBM and Lenovo, and for our customers and employees. The parties now look forward to closing the transaction. The approval of the $2.3B sale to Lenovo enables IBM to focus on system and software innovations that bring new kinds of value to IBM clients in areas such as cognitive computing, Big Data and cloud, and provides clarity and confidence to current x86 customers that they will have a strong partner going forward."
News For IBM;LNVGY From The Last 14 Days
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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 EDTIBM, LNVGYAMD'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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March 13, 2015
09:29 EDTIBMIBM to hold a meeting with a conference call hookup
Management discusses IBM Mainframe z13 in a meeting being held in Armonk, New York on March 13 at 2 pm. Webcast Link
06:55 EDTIBMIBM considering using bitcoin tech for major currencies, Reuters says
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05:54 EDTLNVGYIDC: Worldwide tablet long term growth in low single digits, Digitimes says
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05:54 EDTLNVGYIDC: PC shipments to drop 4.9% in 2015 before improving slightly, DigiTimes says
Worldwide PC shipments is expected to drop 4.9% in 2015, compared to a previous forecast of 3.3%, reports DigiTimes, according to the IDC Worldwide Quarterly PC Tracker. Total 2015 volume is projected at 293.1M PCs, slipping further to 291.4M in 2019. The report also said growth projects for 2016 and 2017 improved slightly. Reference Link
March 12, 2015
15:56 EDTLNVGYIDC lowers PC outlook for 2015, says long-term outlook slightly improved
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