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Stock Market & Financial Investment News

News Breaks
February 26, 2013
09:52 EDTSNE, IDCCInterDigital 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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March 26, 2015
10:18 EDTIDCCHigh option volume stocks
High option volume stocks: BTX ALL FIVE SGYP SWFT RHT IDCC NVS WGO XBI
06:32 EDTSNEGameStop pre-owned sales may see boost in Thursday earnings release, WSJ says
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March 25, 2015
05:52 EDTSNEFoxconn to set up India production lines to respond to Sony demand, DigiTimes says
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March 23, 2015
06:00 EDTSNESony to reduce TV, smartphone orders to Taiwan partners, DigiTimes reports
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March 20, 2015
06:36 EDTSNEWeb TV companies ask internet providers for special treatment, WSJ says
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06:06 EDTSNESony Mobile expected to reach revised smartphone shipment target, DigiTimes says
Sony Mobile said its Q4 smartphone shipments increased 20.2% sequentially to 11.9M units, reports DigiTimes. According to Taiwan-based hanset component suppliers, Sony Mobile is expected ship over 8M smartphones in the first calendar quarter of 2015, allowing the vendor to reach its revised target of 39.2M units for FY14. Reference Link
March 18, 2015
12:09 EDTSNESony announces launch of PlayStation Vue in New York, Chicago, Philadelphia
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March 17, 2015
11:23 EDTSNEApple willing to share TV data to attract programming partners, NY Post reports
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09:03 EDTSNEElectronic Arts, Visceral Games announce availability of Battlefield Hardline
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05:55 EDTSNEVAIO expected to become strong competitor to Sony smartphones, DigiTimes says
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March 15, 2015
19:12 EDTSNEDisney's 'Cinderella' takes top spot at domestic weekend box office with $70.1M
Rentrak (RENT) announced the official domestic weekend box office estimates for the weekend of March 15, as compiled by the company's theatrical measurement services. Disney's (DIS) "Cinderella" took the top spot at the domestic weekend box office with $70.1M: Warner Bros' (TWX) "Run All Night" took the second spot at the box office with $11M; 20th Century Fox's (FOX, FOXA) "Kingsman: The Secret Service" took third with $6.2M; Warner Bros' "Focus" took the fourth spot at the box office with $5.8M and Sony's (SNE) "Chappie" took fifth place with $5.8M.
March 13, 2015
17:11 EDTSNESony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
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07:49 EDTSNEVideo game hardware sales up 10% in February, software up 7%, Game Informer says
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05:54 EDTSNEIDC: Worldwide tablet long term growth in low single digits, Digitimes says
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05:54 EDTSNEIDC: 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

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