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Stock Market & Financial Investment News

News Breaks
February 23, 2014
13:08 EDTMSFT, NOK, SSNLF, LNVGYMicrosoft adds new Windows Phone hardware partners
Microsoft (MSFT) announced nine new hardware partners for Windows Phone and direct access to tools that will broaden the portfolio of devices for consumers and introduce new price points to accelerate growth in key markets. In addition to existing partners — Nokia (NOK), Samsung (SSNLF), HTC and Huawei — Microsoft has announced it is now working with Foxconn, Gionee, Lava , Lenovo (LNVGY), LG, Longcheer, JSR, Karbonn and ZTE to develop on the Windows Phone platform. With this latest news, Microsoft is now working with seven of the top 10 smartphone manufacturers in the world in addition to leading brands in China, India and Taiwan, representing more than 56% of the addressable market globally. Customers can expect to see an even broader array of devices, from iconic to lower-cost options, coming to market. "We are pleased to add these new partners to our expanding Windows Phone ecosystem. They will be key contributors to continued growth across price points and geographies for Windows Phone," said Nick Parker, corporate vice president of the OEM Division at Microsoft.
News For MSFT;NOK;SSNLF;LNVGY From The Last 14 Days
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October 21, 2014
12:36 EDTSSNLFNXP Semiconductors loses Samsung Galaxy phone NFC business, NFC Times says
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07:45 EDTMSFTMicrosoft CEO touts cloud revenue run-rate over $4B, BI reports
At a press event yesterday, Microsoft (MSFT) CEO Satya Nadella provided a number of figures about the strong performance of the company's Azure cloud business, including a revenue run rate of nearly $4.4B and that Azure is adding 10,000 new customers every week to its 350M active directory user base, reported Business Insider, which noted that Amazon Web Services (AMZN) is estimated to have roughly $4B in annual sales and that Salesforce.com (CRM) had a little over $4B in revenues last year. Reference Link
06:10 EDTLNVGYLenovo to set up secondary brand for smart devices, DigiTimes reports
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October 20, 2014
15:20 EDTMSFTMicrosoft confirms availability of Cloud Platform System, powered by Dell
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12:09 EDTLNVGY, MSFTIBM hits 52 week low after earnings miss, 2015 profit target dropped
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11:10 EDTLNVGYLenovo may make $15 per share BlackBerry bid shortly, Benzinga says
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08:00 EDTMSFTRBC Capital remains positive on Microsoft
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07:21 EDTLNVGYIBM sees $1.5B pretax gain related to deal with Lenovo Group
IBM (IBM) announced that on October 1 the company and Lenovo (LNVGY) completed the initial closing of the sale of IBM’s industry standard server business to Lenovo. The transition began on October 1 in countries that are part of the initial closing, which included most major markets. The transaction is expected to close later this year in most other countries which have a larger business footprint, with the remaining countries following in early 2015. The transaction price is approximately $2.1B and as consideration, IBM received $1.8B in cash, with the remaining consideration paid in Lenovo stock. IBM expects to recognize a total pre-tax gain on the sale of approximately $1.5B, which does not include associated costs related to transition and performance-based costs. Net of these charges, the gain is approximately $1.0B. Almost all of the gains will be booked in the fourth quarter of 2014, with the remaining portion expected beyond 2014, IBM stated.
07:06 EDTMSFTNICE Systems solution qualified to support Microsoft Lync
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06:15 EDTLNVGYLenovo cuts prices for 7- and 8-inch tablets, DigiTimes Research reports
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05:50 EDTSSNLFSamsung partners with Teletrac to expand fleet management offerings for Android
Teletrac announced it is partnering with Samsung Electronics America to expand its fleet management offerings to the Android platform on Samsung's Galaxy Tab devices.
October 19, 2014
20:41 EDTMSFTMicrosoft plans smartwatch launch within weeks, Forbes says
Microsoft (MSFT) is planning a smart watch launch within the next few weeks, Forbes says.The smart watch will passively keep track of the wearer’s heart rate and work across different mobile platforms, added Forbes. Apple (AAPL) has delayed its own smartwatch launch to early 2015 according to the report. Reference Link
October 17, 2014
11:27 EDTMSFTMicrosoft October weekly volatility elevated into Q1 and outlook
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07:31 EDTSSNLFSamsung first to market with new multilayer NAND technology, Nikkei says
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06:30 EDTMSFTNPD: Sony PlayStation4 outsells XBox One in September, GameSpot reports
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06:26 EDTMSFTSony says PS4 September's top-selling console
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06:24 EDTLNVGYGlobal notebook shipments estimated at over 45M units, Digitimes Research says
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06:13 EDTSSNLFLVMH could pair with a tech company to launch smartwatch, WSJ reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMH’s watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link
October 16, 2014
06:23 EDTLNVGYLenovo puts in orders to supply chains for new tablet products, DigiTimes says
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06:00 EDTMSFTMicrosoft says working with YouTube to reinstate content inadvertently removed
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