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Stock Market & Financial Investment News

News Breaks
February 20, 2014
06:34 EDTBIDU, NTDOY, SSNLFNintendo investigates unapproved 'Super Mario' copycat game, Bloomberg says
Nintendo (NTDOY) said it is investigating an unapproved “Super Mario” spin-off game that is now available to download on Baidu's (BIDU) 91 Wireless online app store in China and on Samsung's (SSNLF) online China app store, according to Bloomberg, citing comments from a Nintendo spokesman. Reference Link
News For NTDOY;BIDU;SSNLF From The Last 14 Days
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March 24, 2015
07:04 EDTNTDOYNintendo upgraded to Neutral from Underweight at JPMorgan
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March 23, 2015
11:31 EDTSSNLFMicrosoft and Samsung expand global partnership
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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.”
07:15 EDTBIDUCredit Suisse to hold a conference
18th Annual Asian Investment Conference is being held in Hong Kong on March 23-27.
06:14 EDTBIDUCiti calls Baidu one of its top picks
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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
10:00 EDTNTDOYOn The Fly: Analyst Upgrade Summary
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09:45 EDTBIDUActive equity options trading on open
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05:58 EDTNTDOYNintendo upgraded to Buy from Hold at Deutsche Bank
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March 19, 2015
13:35 EDTBIDUBaidu, Alibaba taking opposite approach with maps, WantChinaTimes says
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March 18, 2015
10:00 EDTNTDOYOn The Fly: Analyst Upgrade Summary
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09:08 EDTBIDUYOU On Demand signs agreement with Galaxy Internet Television in China
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07:23 EDTNTDOYNintendo upgraded to Buy from Hold at Jefferies
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06:42 EDTBIDUUxin raises $170M from KKR, Baidu, others, WSJ says
Chinese used car auctioneer Uxin has raised $170M from backers including KKR (KKR) and Baidu (BIDU), reports the Wall Street Journal. Uxin will primarily use the fund to expand its business-to-consumer operations to complete with rivals Bitauto (BITA) and Autohome (ATHM). Reference Link
March 17, 2015
09:38 EDTNTDOYNext Nintendo console in development, reveal coming in 2016, Tech Crunch says
Nintendo's next game console will be named "NX" and is currently in development with a "brand new concept," reports Tech Crunch, citing statements by CEO Satoru Iwata at a press conference. Iwata said more information will be made available next year, which Tech Crunch notes may indicate a reveal at the next E3 game expo. Tech Crunch also notes that a 2016 reveal would signify a relatively fast "update cycle" to its current Wii U console. Reference Link
06:21 EDTNTDOYNintendo to develop smartphone games with DeNA
Nintendo and DeNA Co., Ltd. entered into a business and capital alliance to develop and operate new game apps for smart devices and build a new multi-device membership service for consumers worldwide. Leveraging the strength of Nintendo’s intellectual property and game development skills in combination with DeNA’s world-class expertise in mobile games, both companies will develop and operate new game apps based on Nintendo’s IP, including its iconic game characters, for smart devices. The alliance is intended to complement Nintendo’s dedicated video game systems business and extend Nintendo’s reach into the vast market of smart device users worldwide. To ensure the quality of game experience that consumers expect from this alliance of Nintendo and DeNA, only new original games optimized for smart device functionality will be created, rather than porting games created specifically for the Wii U home console or the Nintendo 3DS portable system. Nintendo and DeNA also plan to develop an online membership service that is accessible from smart devices, PC and Nintendo systems, such as the Nintendo 3DS portable system and the Wii U home console. The membership service, which is targeted to launch in the fall of 2015, will be built on DeNA’s extensive experience and capabilities in online membership services.As part of the long-term relationship and commitment by each company, Nintendo and DeNA have also agreed to form a capital alliance. Under the capital alliance, Nintendo will acquire 15,081,000 of DeNA’s treasury shares, which corresponds to 10% of its total outstanding stock, for a total of approximately Y22B. DeNA will simultaneously acquire 1,759,400 of Nintendo’s treasury shares, which corresponds to 1.24% of its outstanding stock, for a total of approximately Y22B. The payment is due April 2.
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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