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Stock Market & Financial Investment News

News Breaks
March 4, 2014
09:12 EDTSUTR, VIPS, MDR, RSH, SSNLF, OXBT, SNTA, JCP, INSY, SUNEOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Vipshop (VIPS), up 23%... Insys Therapeutics (INSY), up 21%. ALSO HIGHER: J.C. Penney (JCP), up 8% after S&P raised its outlook to stable from negative and affirmed its 'CCC+' corporate credit rating for the company.... Sutor Technology (SUTR), up 23% after subsidiary enters into supply contract with Samsung (SSNLF)... Oxygen Biotherapeutics (OXBT), up 31% after FDA lifts clinical hold on Oxycyte... SunEdison (SUNE), up 7.7% following upgrade at Morgan Stanley. DOWN AFTER EARNINGS: RadioShack (RSH), down 23.5%. ALSO LOWER: Synta Pharmaceuticals (SNTA), down 5.9% after CEO resigns... McDermott (MDR), down 8% after its fourth quarter earnings sharply missed estimates and the company withdrew prior guidance and suspended future guidance "for the foreseeable future."
News For JCP;RSH;SUTR;SNTA;MDR;SUNE;OXBT;VIPS;INSY;SSNLF From The Last 14 Days
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March 26, 2015
07:30 EDTINSYDeutsche Bank to hold a conference
Pharma One-on-One Day is being held in Denver, Colorado on March 26.
March 25, 2015
07:31 EDTSUNESunEdison purchases 1K energy storage systems from Imergy
SunEdison announced that it plans to purchase up to 1,000 vanadium flow batteries from Imergy Power Systems. The vanadium flow batteries will be used to store solar-generated electricity for SunEdison's rural electrification and solar powered minigrid projects in India. SunEdison will also increase its equity investment in Imergy. This aims to strengthen the supply relationship between the two companies as SunEdison begins deployment of its extensive rural electrification program in India.
06:14 EDTSSNLFSamsung SDI and ABB form strategic microgrid commercial alliance
Samsung SDI (SSNLF) and ABB (ABB) have signed a memorandum of understanding to establish a strategic commercial alliance. Samsung SDI and ABB join forces to develop and market microgrid systems that comprise energy storage solutions. The two companies will establish a global commercial alliance to develop and market modular and scalable microgrid solutions, utilizing lithium-ion batteries for energy storage.
05:52 EDTSSNLFFoxconn to set up India production lines to respond to Sony demand, DigiTimes says
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05:52 EDTSSNLFSamsung 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 24, 2015
12:19 EDTMDRMcDermott sees $50M cash savings in 2015
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08:10 EDTSUTRSutor Technology receives new steel pipe export order for Saudi Arabia
Sutor Technology announced that its subsidiary, Ningbo Zhehua Heavy Steel Pipe Manufacturing entered into a new contract to supply approximately 3,000 metric tons of large-diameter submerged-arc straight seam welded pipes for a dredging project of Saudi Arabia National Oil Company. Ningbo Zhehua has received a payment deposit and expects to complete product delivery in the middle of April 2015.
March 23, 2015
11:31 EDTSSNLFMicrosoft and Samsung expand global partnership
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10:31 EDTINSYInsys Therapeutics management to meet with JMP Securities
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08:13 EDTSSNLFPendrell unit: Court rejects attempts to limit scope of DRM patents
ContentGuard Holdings, a subsidiary of Pendrell Corporation (PCO), announced that on Friday, March 20, Judge J. Rodney Gilstrap of the U.S. District Court for the Eastern District of Texas issued a 144 page Claim Construction Order in lawsuits ContentGuard filed against several companies who continue to use its patented Digital Rights Management solutions without a license, including Apple (AAPL), Amazon.com (AMZN), DirecTV (DTV), Google (GOOG), HTC, Huawei, Motorola Mobility and Samsung Electronics (SSNLF). In his order, Judge Gilstrap interpreted the language in ContentGuard’s patents in a manner that fully preserves the breadth of ContentGuard’s patented Digital Rights Management technologies. These technologies were developed to enable the distribution of digital media over the Internet and other networks, including cellular and satellite networks, and provide innovative solutions to problems that were once thought to be unsolvable. “We are very pleased with the Court’s ruling,” commented James Baker, ContentGuard’s Vice President for Licensing and Strategic Development. “We believe these claim constructions demonstrate that the online stores defendants provide for buying and renting DRM-protected movies, videos, books, and music and devices that play, run, display or print this DRM-protected content infringe ContentGuard’s pioneering DRM patents.”
06:00 EDTSSNLFSharp's investment in Oxide TFT LCD display may face competition, DigiTimes says
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March 22, 2015
16:42 EDTSSNLFChip equipment slowdown may not be as bad as first thought, WSJ says
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March 20, 2015
09:01 EDTJCPJ.C. Penney says general counsel Janet Dhillon to leave company
J.C. Penney said in a filing that effective March 20, Janet Dhillon, Executive Vice President, General Counsel and Secretary, is leaving J. C. Penney Company.
March 18, 2015
13:30 EDTJCPJ.C. Penney trades lower after news of executive departures
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07:32 EDTSUNESunEdison to provide Georgetown, Texas, with 150 MW of solar power
SunEdison (SUNE) will construct new solar plants in West Texas to supply the City of Georgetown with 150 MW of solar power for 25-years. The SunEdison solar plants will be interconnected in 2016, and will provide over 9,500 gigawatt-hours of clean energy to Georgetown through 2041. Upon completion, SunEdison expects to offer this project for investment to TerraForm Power (TERP).
March 17, 2015
15:41 EDTJCPJ.C. Penney General Counsel Janet Dhillon leaving, Bloomberg says
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06:57 EDTJCPJ.C. Penney CMO leaves company, effective immediately, AdAge reports
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05:57 EDTSSNLFChina vendors to ship 50M Androids with fingerprint sensors, DigiTimes reports
China vendors is expected to ship 50M Android (GOOG) smartphones with fingerprint sensors in 2015, reports DigiTimes. According to sources at Taiwan-based IC backend service companies, Android smartphone vendors have adopted sliding-type fingerprint sensors, which are more competitive in pricing compared to press-type sensors used by Apple (AAPL). Reference Link
March 16, 2015
05:58 EDTSSNLFSamsung increases TV panel purchases to meet TV sales target, DigiTimes says
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March 15, 2015
16:14 EDTSSNLFBlackBerry collaborates with IBM, Samsung on SecuTABLET
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