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Stock Market & Financial Investment News

News Breaks
March 10, 2014
11:40 EDTSNE, OPKOPKO Diagnostics, Sony DADC announce manufacturing partnership
OPKO Diagnostics, a division of OPKO Health (OPK), and Sony DADC announced the signing of a supply agreement for high volume production of a key component of the OPKO Sangia microfluidic cassette. The Sangia cassettes are designed to perform quantitative immunoassays from a finger-stick blood sample on the Claros1 in-office analyzer. The test results are reported in the physician’s office in 10 minutes. The first two OPKO Sangia tests are for total prostate specific antigen and Total Testosterone.
News For OPK;SNE From The Last 14 Days
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March 2, 2015
07:44 EDTSNESony mobile president seeking profitability first, WSJ reports
In an interview with the Wall Street Journal, president of Sony Mobile Communications Hiroki Totoki stated he recognizes the company "should become a meaningful source of profit to the group... The business can’t be justified if the profit margin is low." Totoki wants to stay in the mobile business for the next cycle of innovation, saying that "we won’t tie ourselves only to smartphones or even hardware" and adding that the unit is "open to tie-ups with thirds parties." Totoki also sees potential for the brand in India. Reference Link
06:31 EDTSNEJAKKS Pacific announces licensing, master toy agreement for Smurfs franchise
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06:18 EDTSNESony to test latest wearables in B-to-B market, WSJ reports
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February 27, 2015
17:36 EDTOPKOPKO Health says has adequate liquidity to continue product development
The company said, "We believe that OPKO’s cash and cash equivalents of $96.9 million at December 31, 2014, together with the $295.0 million in upfront payments from Pfizer received in 2015, provide OPKO with adequate liquidity to continue development of its product candidates."
17:33 EDTOPKOPKO Health reports Q4 EPS (12c), consensus (6c)
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08:59 EDTSNESony fires Sony Pictures Digital president, Variety says
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February 25, 2015
08:45 EDTSNEEros International announces content partnership with Sony Television
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February 24, 2015
13:01 EDTSNETom Rothman to replace Amy Pascal at Sony Pictures, FT reports
Former Fox Filmed Entertainment (FOXA) co-Chairman Tom Rothman will replace Amy Pascal as co-chairman of Sony Pictures (SNE), The Financial Times reports. Sony Entertainment CEO Michael Lynton has extended his contract, the publication notes. Rothman has run Sony's TriStar label since 2013. Reference Link
February 23, 2015
07:27 EDTSNESony breach underscored failings in corporate, government cooperation, WSJ says
A Wall Street Journal review of the hack attack on Sony Entertainment shows that the companies and government agencies fighting the hackers based some decisions on little information or consultation since the parties often held too closely to their own interests, illustrating major shortcomings in how the government and companies work together to respond to such attacks. The Journal cites interviews with executives, U.S. officials and people briefed on their conversations in its report. Reference Link
February 20, 2015
12:41 EDTOPKOPKO Health annouces publication of 20 year outcome study for prostate cancer
OPKO Health announced the online publication of a study entitled “Improving the Specificity of Screening for Lethal Prostate Cancer Using Prostate-specific Antigen and a Panel of Kallikrein Markers: A Nested Case-Control Study” in the journal European Urology. The study shows that the four kallikrein panel of biomarkers utilized in the OPKO 4Kscore Test accurately identify men more likely to develop distant prostate cancer metastases, and men with a low 4Kscore were shown to have a low risk of developing metastatic prostate cancer in a 20-year follow up period. The study is part of the Västerbotten Intervention Project, which was initiated in 1986 in Västerbotten County, Sweden, and is a population-based study involving a health exam at ages 40, 50, and 60 years of age, where blood was drawn and preserved. The VIP study included data on over 40,000 men, representing greater than 57% of the total background population in Västerbotten County. From this cohort, blood samples of men who developed metastatic prostate cancer and age-matched controls of cancer free men were tested for the four kallikreins and their 4Kscore result was determined.
06:11 EDTSNESony may be contemplating replacing CEO Hirai with CFO Yoshida, NY Post says
Sony may be considering replacing CEO Kaz Hirai with current CFO Kenichiro Yoshida, reports the New York Post, citing several Hollywood sources. Yoshida has received heavy media praise for his restructuring efforts and is currently set to add the title of executive deputy president in April. The article emphasizes that this is speculation among Hollywood figures. Reference Link
February 19, 2015
09:14 EDTSNESony Pictures co-chairman position may be split into multiple roles, FT says
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06:57 EDTSNESony to release high-end audio memory card, WSJ says
Sony will release a high-end, audio-focused memory card next month, reports the Wall Street Journal's Digits blog, citing spokesperson comments. The 64gb micro SD card will sell for $160 in Japan -- which the paper notes is roughly five times the average price for standard 64gb cards -- and produces less electrical noise when reading data. A Sony spokesperson stated, "We aren’t that sure about the product’s potential demand." Reference Link
February 18, 2015
12:30 EDTSNESony upgraded to Buy from Neutral at Nomura
11:48 EDTOPKOPKO Health management to meet with Jefferies
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06:00 EDTSNESony plans to split out Video & Sound unit, others thereafter
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05:58 EDTSNESony sets FY17 ROE target of more than 10%
Sony held its Corporate Strategy Meeting and unveiled a mid-term strategy that charts the path forward for the company over the next three years. Sony said it will position Return on Equity as its primary key performance indicator and has set a target for consolidated ROE of more than 10% and a target for consolidated operating profit of more than 500B yen for the Sony Group in FY2017, the final year of its mid-range corporate plan.
05:56 EDTOPKStocks with implied volatility above IV index mean; OPK FOSL
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February 17, 2015
05:52 EDTSNESony to establish alliance to promote Ultra HD technology, DigiTimes reports
Sony (SNE) is planning to form an alliance with 10 companies including Cisco (CSCO) and Rohde & Shwarz to boost IP-based Ultra HD video broadcasts, reports DigiTimes. According to industry sources, the alliance named IP Life Consortium will allow TV stations worldwide to set up Ultra HD infrastructure with lower costs. Reference Link
04:42 EDTOPKStocks with implied volatility above IV index mean; OPK MBI
Stocks with implied volatility above IV index mean; OPKO Health (OPK) 58, MBIA (MBI) 56 according to iVolatility.

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