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Stock Market & Financial Investment News

News Breaks
May 15, 2014
10:52 EDTNTDOY, PHGPhilips sues Nintendo over motion patents, AP reports
Philips (PHG) is filing a patent infringement lawsuit against Nintendo (NTDOY) over the Wii remote, reports the Associated Press. Philips spokesman Bjorn Teuwsen said the companies had been in negotiations over a possible licensing agreement since 2011, but could not come to any agreement. Reference Link
News For NTDOY;PHG From The Last 14 Days
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July 25, 2014
11:20 EDTPHGPhilips selects Morgan Stanley for lighting unit stake sale, Reuters says
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July 24, 2014
08:03 EDTPHGPhilips receives FDA 510(k) clearance for mobile ultrasound system
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July 23, 2014
13:33 EDTPHGWi-LAN enters into license agreement with Philips
Wi-LAN (WILN) announced that the company's subsidiary, Open Network Solutions, has entered into a license agreement with Philips (PHG) and Philips Electronics North America Corporation. The licensed patents relate to networking capabilities of non-standard devices. The remaining terms of the license agreement are confidential.
10:02 EDTNTDOYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Market Perform from Outperform at Cowen... Brinker (EAT) downgraded to Sector Perform from Outperform at RBC Capital... Cubist (CBST) downgraded to Market Perform from Outperform at JMP Securities... DiamondRock (DRH) downgraded to Neutral from Outperform at RW Baird... DuPont (DD) downgraded to Neutral from Overweight at JPMorgan... FirstMerit (FMER) downgraded to Neutral from Overweight at JPMorgan... Helmerich & Payne (HP) downgraded to Accumulate from Buy at Tudor Pickering... Hexcel (HXL) downgraded to Hold from Buy at Canaccord... Juniper (JNPR) downgraded to Neutral from Buy at BofA/Merrill... King Digital (KING) downgraded at BofA/Merrill... Lexmark (LXK) downgraded at Raymond James... McDonald's (MCD) downgraded at RW Baird... Mead Johnson (MJN) downgraded to Outperform from Buy at CLSA... National Oilwell (NOV) downgraded to Accumulate from Buy at Tudor Pickering... Nintendo (NTDOY) downgraded to Hold from Buy at Jefferies... Raytheon (RTN) downgraded to Market Perform from Outperform at Bernstein... Targa Resources (TRGP) downgraded to Accumulate from Buy at Global Hunter... Time Warner (TWX) downgraded to Market Perform from Outperform at Cowen... Timmins Gold (TGD) downgraded to Market Perform from Outperform at Cowen... United Technologies (UTX) downgraded to Market Perform from Outperform at Wells Fargo... Viacom (VIAB) downgraded to Market Perform from Outperform at Cowen... Xilinx (XLNX) downgraded at BMO Capital.
05:41 EDTNTDOYNintendo downgraded to Hold from Buy at Jefferies
July 21, 2014
06:11 EDTPHGPhilips sees second half EBITA above last year
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06:10 EDTPHGPhilips reports Q2 net income EUR 0.26 vs. EUR 0.35 last year
Reports Q2 revenue EUR 5.29B vs. EUR 5.63B last year. Healthcare comparable sales decreased 4%. Consumer Lifestyle comparable sales increased by 7%. Lighting comparable sales increased 1% year-on-year.
July 18, 2014
06:06 EDTNTDOYSony confirms PlayStation4 is top selling next-gen consol in June for U.S.
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