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Stock Market & Financial Investment News

News Breaks
June 17, 2014
07:02 EDTLNVGY, NVDALenovo, NVIDIA to collaborate on visualization technology solution
Lenovo (LNVGY) announced its collaboration with NVIDIA (NVDA), Magma and Hue to develop a new visualization technology solution for exploration geophysics. The combined solution leverages Lenovo ThinkStation D30 workstations, NVIDIA Tesla K40 GPU accelerators and Magma GPU expansion technology to power Hue’s visualization technology for exploration and production application development, providing the ability to render massive amounts of geophysical visualization data in seconds.
News For LNVGY;NVDA From The Last 14 Days
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November 19, 2014
10:54 EDTNVDANVIDIA discloses Samsung files patent infringement suit
NVIDIA (NVDA) disclosed in a regulatory filing that on November 10, Samsung (SSNLF) filed a complaint against NVIDIA and Velocity Micro, in the United States District Court for the Eastern District of Virginia. The complaint alleges that NVIDIA infringed six patents and falsely advertised that the Tegra K1 processor is the world’s fastest mobile processor. Samsung seeks unspecified damages and an injunction prohibiting NVIDIA from any future violations. NVIDIA has not yet responded to the complaint.
November 17, 2014
07:52 EDTNVDADepartment of Energy awards $425M for supercomputing technologies
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07:28 EDTLNVGYSamsung pushing supply chain to cut OLED panel component prices, DigiTimes says
Samsung Display (SSNLF), which is looking to be price competitive with its own smartphone and has also attracted new customers including Motorola Mobility, Dell and Lenovo (LNVGY) that are developing Samsung Display OLED technology either in smartphones or notebooks, is pushing supply chains, including backlight makers, to lower pricing for components by as much as 30% during Q4, said DigiTimes. Reference Link
November 13, 2014
11:51 EDTLNVGYLenovo selected by Fixnetix as x86 server technology partner
Lenovo announced that Fixnetix, a managed service provider, chose Lenovo as its x86 server technology partner for its managed services contract at one of the world’s largest global banks. The estimated $3.5M deal, includes 700 System x3650 M4 servers, upgraded maintenance and flexible financing.
06:22 EDTLNVGYLenovo, Asustek to launch $149 Chromebook, DigiTimes reports
Lenovo and Asustek plan to release Chromebooks using Google (GOOG) certified solutions from Rockchip in 1H15, reports DigiTimes. According to DigiTimes Resarch's latest finding from the Greater China supply chain, the devices are expected to be priced at $149. Reference Link
November 12, 2014
12:55 EDTNVDANVIDIA says Samsung files counter-suit, patent infringement claims
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06:36 EDTLNVGYOrder visibility highest for Apple, Lenovo shipments in 2015, DigiTimes says
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November 11, 2014
06:03 EDTLNVGYQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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November 10, 2014
10:28 EDTNVDAIBM announces collaboration with with NVIDIA and Julich Supercomputing
IBM (IBM), in collaboration with NVIDIA (NVDA), and the Julich Supercomputing Center, part of the largest research center in Germany, announced plans for a new competency center to advance the creation and optimization of research applications on GPU-accelerated OpenPOWER compatible systems.
08:26 EDTLNVGYBlackBerry CEO meets with Lenovo, seeks partnerships in China, Bloomberg reports
BlackBerry (BBRY) CEO John Chen acknowledged meeting with the heads of Xiaomi and Lenovo (LNVGY) and said his company's strengths in security, encryption and privacy may present opportunities for agreements on technology licensing, distribution or manufacturing in China, reported Bloomberg, citing an interview with Chen at the Asia-Pacific Economic Cooperation CEO Summit. Reference Link
November 7, 2014
12:10 EDTNVDAStocks with call strike movement; NVDA PHM
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08:11 EDTNVDAOptions expected to be active
Options expected to be active @ CBOE: DIS FSLR RIG RMTI SLXP ZNGA PBR SHLD CP CSX NSC NVDA FSLR
07:44 EDTNVDANVIDIA price target raised to $23 from $20 at UBS
UBS raised its price target on NVIDIA to $23 from $20 following its Q3 results, citing continued GPU momentum, strong demand for new GeForce chips, and gross margin upside. UBS reiterates its Buy rating on NVIDIA shares.
06:39 EDTLNVGYLenovo to launch low-cost Chromebook in early 2015, DigiTimes reports
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