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Stock Market & Financial Investment News

News Breaks
February 26, 2013
09:52 EDTIDCC, SNEInterDigital sees getting $125M cash from Sony, says patents valued at $28.9M
InterDigital (IDCC) noted in its 10-K yearly filing that in December of last year it formed a joint venture with Sony Corporation of America (SNE), called Convida Wireless, to focus on driving new research in M2M wireless communications and other connectivity areas. InterDigital disclosed that its agreement with Sony is a multiple-element arrangement that also includes a three-year license to its patents for Sony's sale of 3G and 4G products, effective January 1, and an amount for past sales. Under the arrangement, InterDigital said it expect to collect a total of $125.0M of cash and has also acquired certain patents covering non-baseband technologies from Sony with an estimated value of $28.9M. InterDigital added that it recognized $22.3M of patent licensing revenue in Q4, and it expects to recognize $116.6M of patent licensing revenue, using the straight-line method, over the three-year term of the patent license. The remaining $15.0M represents funding toward M2M research and platform development, InterDigital said. In early trading, shares of InterDigital rose 55c, or 1.25%, to $44.51.
News For IDCC;SNE From The Last 14 Days
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June 30, 2015
06:03 EDTSNESony to raise nearly $4B via new shares, bonds
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05:58 EDTSNESony Mobile and Huawei look to expand mobile device sales, DigiTimes reports
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June 29, 2015
06:05 EDTSNENotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 26, 2015
16:17 EDTIDCCInterDigital: ITC to review RID involving Nokia and Microsoft
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09:18 EDTSNESirius XM discloses settlement agreement with various record companies
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05:51 EDTSNEFoxconn expects to be largest handset, tablet ODM/OEM in 2015, DigiTimes says
Foxconn Chairman Terry Guo said the company is set to be the largest OEM/ODM for handsets, tablets and desktops in 2015, reports DigiTimes. Guo added that Foxconn will establish component supply chains to increase its advantage over competitors. Reference Link
June 24, 2015
10:36 EDTSNEElectronic Arts advances after analysts positive on E3 showing
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June 23, 2015
06:05 EDTSNENo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
June 22, 2015
09:51 EDTSNESony to launch 1-terabyte PlayStation 4 in July
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June 19, 2015
07:51 EDTSNEGameStop CFO says 'blown away' by Microsoft virtual reality demonstration
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June 18, 2015
19:04 EDTSNEMore documents from Sony cyber attack published on WikiLeaks, Re/Code says
WikiLeaks published 276,394 more documents stolen from Sony Pictures during the movie studio's cyber attack, reports Re/Code. Reference Link
June 16, 2015
16:44 EDTSNESony fails to have lawsuit from hacked former employees dismissed, Reuters says
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08:16 EDTSNESony June volatility at 31 into E3Expo.com as shares near four-year high
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