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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:26 EDTP, VIVHY, SNEPandora sued in NY over older songs, NY Times reports
Sony (SNE), Universal Music (VIVHY) and Warner Music, along with an independent label, filed a lawsuit in New York that accuses Pandora (P) of violating the state’s common-law copyright protections by using recordings of songs made before Feb. 15, 1972, without permission, reported The New York Times on Thursday. Reference Link
News For P;SNE;VIVHY From The Last 14 Days
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June 30, 2015
05:58 EDTSNESony Mobile and Huawei look to expand mobile device sales, DigiTimes reports
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June 29, 2015
08:38 EDTPConcerns over Pandora competition significantly overdone, says Sterne Agee CRT
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06:05 EDTSNENotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 28, 2015
14:24 EDTPApple Music 'unlikely to move earnings needle,' Barron's says
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June 26, 2015
09:18 EDTVIVHY, SNESirius XM discloses settlement agreement with various record companies
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05:51 EDTSNEFoxconn expects to be largest handset, tablet ODM/OEM in 2015, DigiTimes says
Foxconn Chairman Terry Guo said the company is set to be the largest OEM/ODM for handsets, tablets and desktops in 2015, reports DigiTimes. Guo added that Foxconn will establish component supply chains to increase its advantage over competitors. Reference Link
June 25, 2015
17:55 EDTVIVHYVivendi CEO says 'never say never' on raising Telecom Italia stake, Reuters says
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08:49 EDTPPandora music business progressing nicely, says Canaccord
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08:47 EDTVIVHYMarriott and Universal Music Group launch global marketing partnership
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June 24, 2015
15:41 EDTVIVHYVivendi increases position in Telecom Italia to 14.9%
Vivendi (VIVHY) announced that it has received 1.11B ordinary shares, or 8.24%, of Telecom Italia (TI) in exchange for 4.5% of the share capital of Telefonica Brasil (VIV), in accordance with the option given to it as part of the sale of GVT to Telefonica (TEF). Separately, Vivendi increased its ordinary shares in Telecom Italia from the recently purchased 1.9% with an additional stake of 4.76% purchased on June 22 for a total of 6.66%, representing a global cash payment of approximately EUR1B. Vivendi now owns 14.9% of Telecom Italia’s ordinary shares and has thus replaced Telefonica as the company’s largest shareholder. "This investment represents an opportunity for Vivendi... to expand in a market with significant growth prospects and a very strong appetite for quality content. Vivendi intends to support Telecom Italia over the long term," said the company.
10:36 EDTSNEElectronic Arts advances after analysts positive on E3 showing
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09:30 EDTPGoogle competing with itself after unveiling free music service, Bloomberg says
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June 23, 2015
12:08 EDTPPandora down 1% after Google launches free music service
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12:05 EDTPGoogle launches free, ad-supported music service in U.S.
Google (GOOG) announced via a blob post that Google Play Music now has a "free, ad-supported version" in the U.S. It stated, "Our team of music experts, including the folks who created Songza, crafts each station song by song so you don’t have to. If you’re looking for something specific, you can browse our curated stations by genre, mood, decade or activity, or you can search for your favorite artist, album or song to instantly create a station of similar music." Shares of Pandora (P) ticked lower following Google's announcement.
06:05 EDTSNENo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
June 22, 2015
09:51 EDTSNESony to launch 1-terabyte PlayStation 4 in July
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06:42 EDTVIVHYVivendi expected to raise Telecom Italia stake to 14.9%, Reuters reports
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June 21, 2015
19:21 EDTVIVHYFox rejects offers from Vodafone, Vivendi for Sky stake, Telegraph says
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June 19, 2015
07:51 EDTSNEGameStop CFO says 'blown away' by Microsoft virtual reality demonstration
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June 18, 2015
19:04 EDTSNEMore documents from Sony cyber attack published on WikiLeaks, Re/Code says
WikiLeaks published 276,394 more documents stolen from Sony Pictures during the movie studio's cyber attack, reports Re/Code. Reference Link
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