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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:26 EDTSNE, P, VIVHYPandora 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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March 27, 2015
10:03 EDTVIVHYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AEGON (AEG) downgraded to Neutral from Buy at Goldman... Alkermes (ALKS) downgraded to Neutral from Buy at Citigroup... American Eagle (AEO) downgraded to Sell from Neutral at Goldman... ArcelorMittal (MT) downgraded to Sell from Neutral at Citigroup... Black Diamond (BDE) downgraded to Sell from Hold at Feltl... Diodes (DIOD) downgraded to Outperform from Strong Buy at Raymond James... EMC (EMC) downgraded at Pacific Crest... Epizyme (EPZM) downgraded to Neutral from Buy at Citigroup... FutureFuel (FF) downgraded Neutral at Roth Capital... GameStop (GME) downgraded to Neutral from Buy at B. Riley... MSC Industrial (MSM) downgraded to Neutral from Outperform at RW Baird... Pioneer Energy (PES) downgraded to Hold from Buy at Deutsche Bank... Power Integrations (POWI) downgraded to Market Perform at Raymond James... Precision Drilling (PDS) downgraded to Hold from Buy at Deutsche Bank... SanDisk (SNDK) downgraded to Hold from Buy at Evercore ISI... Semtech (SMTC) downgraded to Outperform from Strong Buy at Raymond James... Swiss Re (SSREY) downgraded to Hold from Buy at Jefferies... Vantiv (VNTV) downgraded at SunTrust... Vivendi (VIVHY) downgraded to Underperform from Outperform at Exane BNP Paribas... WESCO (WCC) downgraded to Neutral from Outperform at RW Baird... World Acceptance (WRLD) downgraded to Underperform from Neutral at Macquarie... Zurich Insurance (ZURVY) downgraded to Neutral from Buy at Goldman.
05:42 EDTVIVHYVivendi downgraded to Underperform from Outperform at Exane BNP Paribas
March 26, 2015
07:24 EDTPWells Fargo to hold a forum
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06:32 EDTSNEGameStop pre-owned sales may see boost in Thursday earnings release, WSJ says
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March 25, 2015
19:21 EDTPApple, Beats working on streaming music service to rival Spotify, NY Times says
Apple (AAPL) is working with Beats to introduce a subscription streaming service to compete directly with services such as Spotify, according to the New York Times, citing people briefed on the company’s plans. Additionally, Apple is expected to overhaul iTunes Radio, the free service that competes with Pandora (P), the Times added. Reference Link
05:52 EDTSNEFoxconn to set up India production lines to respond to Sony demand, DigiTimes says
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March 24, 2015
08:43 EDTPBullish Pandora argument 'not compelling,' says FBR Capital
FBR Capital believes the bullish argument that Pandora's earnings could support the stock under a SoundExchange Copyright Royalty Board victory scenario is "not compelling." FBR sees a "high probability" that rates are set well above current levels, which it views as a potential "meaningful headwind" for Pandora shares. It keeps an Underperform rating on the name with an $11 price target. It believes SoundExchange has the "inside track" in the CRB proceeding.
March 23, 2015
16:00 EDTPAmazon adds Pandora-like stations to Prime Music app, The Verge reports
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15:31 EDTVIVHYPSAM calls for EUR9B distribution to Vivendi shareholders
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07:56 EDTVIVHYVivendi rejects calls from hedge fund to sell Universal Music Group, FT reports
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06:00 EDTSNESony to reduce TV, smartphone orders to Taiwan partners, DigiTimes reports
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March 20, 2015
06:36 EDTSNEWeb TV companies ask internet providers for special treatment, WSJ says
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06:06 EDTSNESony Mobile expected to reach revised smartphone shipment target, DigiTimes says
Sony Mobile said its Q4 smartphone shipments increased 20.2% sequentially to 11.9M units, reports DigiTimes. According to Taiwan-based hanset component suppliers, Sony Mobile is expected ship over 8M smartphones in the first calendar quarter of 2015, allowing the vendor to reach its revised target of 39.2M units for FY14. Reference Link
March 18, 2015
12:09 EDTSNESony announces launch of PlayStation Vue in New York, Chicago, Philadelphia
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10:00 EDTPOn The Fly: Analyst Upgrade Summary
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09:23 EDTPOn The Fly: Pre-market Movers
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06:28 EDTPPandora upgraded to Buy from Fair Value at CRT Capital
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March 17, 2015
11:23 EDTSNEApple willing to share TV data to attract programming partners, NY Post reports
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09:03 EDTSNEElectronic Arts, Visceral Games announce availability of Battlefield Hardline
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05:55 EDTSNEVAIO expected to become strong competitor to Sony smartphones, DigiTimes says
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