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Stock Market & Financial Investment News

News Breaks
February 23, 2014
13:08 EDTLNVGY, MSFT, SSNLF, NOKMicrosoft 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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January 15, 2015
06:14 EDTSSNLFSamsung may dump Qualcomm chip in Galaxy S6 for own processor, DigiTimes says
Samsung (SSNLF) may dump Qualcomm's (QCOM) Snapdragon 810 processor for use in its next-generation Galaxy S smartphone in favor of its own Exynos-series chip, reports DigiTimes. According to other industry sources, Samsung's Galaxy S6 may have two versions using either Qualcomm's Snapdragon processors or Samsung's own Exynos chips. Reference Link
06:04 EDTSSNLFBlackBerry turned down multiple takeover offers, Globe and Mail reports
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January 14, 2015
17:50 EDTSSNLFBlackBerry down 15% following denial of discussions with Samsung
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17:36 EDTSSNLFBlackBerry issues response to Samsung takeover bid, denies discussions
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16:33 EDTSSNLFOn The Fly: Closing Wrap
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16:06 EDTSSNLFBlackBerry approached by Samsung about potential takeover, Reuters says
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15:58 EDTSSNLFBlackBerry continues rise, up 28% after report on Samsung approach
Shares of smartphone maker BlackBerry (BBRY) surged in late day trading following a Reuters report that said rival Samsung (SSNLF) had approached the Canadian company to discuss a potential takeover offer. Reuters said that Samsung executives discussed a potential bid in a range of $13.35 to $15.49 per share with BlackBerry. Heading into the close, BlackBerry shares are up 28.5% to $12.48.
15:47 EDTSSNLFBlackBerry jumps 16% following report of Samsung takeover approach
15:46 EDTSSNLFSamsung discussed bid of $13.35-$15.49 per share with BlackBerry, Reuters says
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15:44 EDTSSNLFBlackBerry received takeover offer from Samsung, Reuters reports
07:58 EDTSSNLFQuantum Dot bumps OLED at cutting edge of TV tech, WSJ says
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06:20 EDTSSNLFSamsung to start selling Z1 Tizen smartphone in India today, WSJ reports
Samsung's Z1 smartphone, which is based on its homegrown Tizen mobile operating system, will go on sale today in India, The Wall Street Journal reports. The company first said it would launch a Tizen smartphone in 2H12. Reference Link
06:14 EDTMSFT, LNVGY, SSNLFMediaTek: Worldwide tablet shipments rise at slower pace, DigiTimes says
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January 13, 2015
11:57 EDTMSFTHP rises after PC report despite Pacific Crest downgrade
Shares of personal computer maker Hewlett-Packard (HPQ) are rising after research firm Gartner estimated that worldwide PC shipments had risen 1% last quarter. The advance comes despite research firm Pacific Crest having downgraded HP shares this morning. WHAT'S NEW: Worldwide shipments of PCs increased 1% last quarter, Gartner estimated. "These results indicate a slow, but consistent improvement following more than two years of decline," the firm wrote. The estimate suggests that PCs are not fading into oblivion, as some had predicted. Despite this news, research firm Pacific Crest downgraded HP to Sector Perform from Outperform in a note to investors today. HP is facing increased competition, as a number of companies are buying fewer individual servers and IT storage products, Pacific Crest analyst Brent Bracelin stated. Instead, they are buying integrated IT stacks. Ongoing technological trends could make this option more popular going forward, the analyst believes. Additionally, new data storage systems - including next wave systems with software-defined controls, cloud storage systems, and open sources systems - are growing rapidly and could increase the competitive pressure on HP, the analyst stated. Bracelin is less confident that HP's multiple can expand further going forward, he added. WHAT'S NOTABLE: Bracelin also downgraded NetApp (NTAP) to Sector Perform from Outperform for the same reasons that he cut his rating on HP. The analyst identified Tableau (DATA), F5 Networks (FFIV), Qlik Technologies (QLIK), and Nimble Storage (NMBL) as his favorite names in the IT infrastructure sector. F5 should benefit from earnings and multiple expansion as it carries out its security strategy, while Qlik is well-positioned to generate improved growth and margins, the analyst stated. Tableau and Nimble are poised to report better than expected results as their new products ramp up, Bracelin believes. OTHERS TO WATCH: Other companies that benefit from upbeat PC sales include Intel (INTC), Microsoft (MSFT), and hard disk drive makers Seagate (STX) and Western Digital (WDC). PRICE ACTION: In late morning trading, HP shares climbed 1.5% to $40.50.
11:42 EDTMSFTJustice Department partners with Facebook, Bing to expand reach of AMBER Alerts
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07:49 EDTLNVGYLenovo weighs IPO for small device unit, Bloomberg reports
Lenovo, whose new small device unit to be called Shenqi could be worth “a couple of billion dollars” when it begins selling smartphones and smart-home devices under its own brand, is considering taking the new unit public, reported Bloomberg, citing an interview with Lenovo CEO Yang Yuanqing in Beijing. Reference Link
January 12, 2015
16:50 EDTLNVGYGartner says worldwide PC shipments in Q4 grew 1%
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08:05 EDTMSFTGameStop to use Microsoft Azure to stream game content, promotional materials
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06:34 EDTSSNLFSamsung expected to launch two versions of Galaxy S6 phone in March, BI reports
Samsung will launch two versions of its Galaxy S6 phone in March at the Mobile World Congress, Business Insider reports, citing sources. One version will be made with metal, a departure from the plastic casings used in most Galaxy phones, while the other will have a curved screen, the sources say. Reference Link
06:11 EDTSSNLFSamsung, Pattern Energy complete wind energy project in Ontario
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