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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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January 26, 2015
09:44 EDTIDCCInterDigital announces commencement of ITC evidentiary hearing in Microsoft case
InterDigital (IDCC) announced the commencement of the evidentiary hearing in the remand of U.S. International Trade Commission "613 Investigation" of the company's complaint against respondents Nokia Corporation, Nokia Inc. and Microsoft (MSFT). In the 613 Investigation, InterDigital seeks an exclusion order prohibiting the importation into the U.S. of Nokia and Microsoft Mobile devices with 3G WCDMA capabilities that infringe two InterDigital patents. The 613 Investigation was remanded to the ITC from the U.S. Court of Appeals for the Federal Circuit, which held that the Commission had erred in interpreting certain claim terms in InterDigital's patents.
January 23, 2015
10:07 EDTSNEHigh option volume stocks
High option volume stocks: CE TSM RYAM NOC SNE FXCM LBTYA TKMR LF STT
06:17 EDTSNESony to delay earnings report due to last year's cyberattack
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January 22, 2015
06:54 EDTSNESony sees mobile success in Middle East and Africa, WSJ says
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January 21, 2015
06:36 EDTSNESony's 'The Interview' nets $40M in online and TV sales, Re/code says
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06:35 EDTSNESony planning to reduce headcount in Japan by 1,500, Variety reports
According to media reports in Japan, Variety reports that Sony is planning to reduce its headcount in various divisions in Japan by about 1,500 by the end of FY14 through early retirement programs. The process, which began last August, involved Sony's corporate planning and finance departments, but has now been expanded to include corporate headquarters staff. Reference Link
January 20, 2015
18:38 EDTSNESony probed Indian operations for corruption, Bloomberg reports
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January 16, 2015
09:47 EDTSNEPolice arrest U.K. man in connection with Sony, Microsoft hack, Bloomberg says
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06:08 EDTSNESony may look to sell handset business, DigiTimes reports
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January 15, 2015
19:46 EDTSNEMicrosoft's Xbox wins holiday retail fight against PS4, Re/code reports
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07:52 EDTSNE'Avatar' sequel pushed back to 2017, AP says
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January 14, 2015
07:58 EDTSNEQuantum Dot bumps OLED at cutting edge of TV tech, WSJ says
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January 13, 2015
07:10 EDTSNESony considering options for TV, phone operations, Reuters reports
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