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Stock Market & Financial Investment News

News For PC;SNE;SHCAY From The Last 14 Days
Check below for free stories on PC;SNE;SHCAY the last two weeks.
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May 21, 2013
16:26 EDTSNEOn The Fly: Closing Wrap
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14:18 EDTSNEElectronic Arts announced EA Sports Ignite for Xbox One
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13:16 EDTSNESony 'leaning toward' spin-off of entertainment unit, Nikkei says
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13:13 EDTSNESony weighing spin-off of entertainment unit, Nikkei says
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06:07 EDTSNESony initiated with a Buy at Jefferies
Jefferies is positive on Sony's positions in insurance and content and believes the company needs to exit most electronic markets. The firm started shares with a Buy rating.
May 20, 2013
07:32 EDTSNESociety for Information Display / IHS to host a conference
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May 19, 2013
14:49 EDTSNEMicrosoft set to unveil new Xbox amid stiff competition, Reuters says
Facing stiff competition from Sony's (SNE) PlayStation 4 and the Wii U by Nintendo (NTDOY), Microsoft (MSFT) is set to unveil its new Xbox game console, says Reuters. Reference Link
May 17, 2013
13:23 EDTSNESony to host conference call
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07:59 EDTPCPanasonic looks to India for smartphone sales, WSJ reports
After it pulled out of the European smartphone market last November because of weak demand, Panasonic is now looking to India's competitive smartphone market, reports the Wall Street Journal. Reference Link
May 16, 2013
13:05 EDTSNESpending on Apple, Android video games jumped in Q1, AllThingsD says
In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link
May 15, 2013
15:12 EDTSNESony volatility up on Daniel Loeb’s attempt to split up company
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15:08 EDTSHCAYSharp upgraded to Overweight from Neutral at JPMorgan
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07:11 EDTSNE, SHCAYJapan's electronic manufacturers under siege, WSJ reports
After a miserable past few years, Japan's once-powerful electronics manufacturers (SNE, SHCAY), already reeling from unprecedented losses stemming from its lost standing in the technology world, are grappling with outside investors and fed-up creditors looking to break the cozy and insular bonds that were once a hallmark of the country's corporate sector, reports the Wall Street Journal.Reference Link
06:08 EDTSHCAY, SNEOn the Fly: Periodicals Wrap-Up
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05:56 EDTSNEStocks with implied volatility movement; SNE DDD
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May 14, 2013
18:50 EDTSNESony options action elevated ahead of Loeb stake, Reuters says
A report from Reuters says that volume in Sony options on Monday, ahead of Tuesday's disclosure by Dan Loeb of a 6.5% stake in the company, traded at more than seven times the average daily volume for the last three months. The report says nearly 10,000 June $19 calls were bought on Monday for 87c on average, calls that were worth $2.20 during today's session. Reference Link
16:23 EDTSNEOn The Fly: Closing Wrap
Stocks on Wall Street were higher on a Tuesday again, keeping the strange "Tuesday in 2013" streak alive. Some positive domestic economic data and bullish commentary from Appaloosa Management's David Tepper set the tone early and the averages traded with an upward bias for almost the entire trading day. Today's advance means that every Tuesday this year has seen the market log gains, and investors will have to wait another week to see if the pattern continues. ECONOMIC EVENTS: The NFIB small business optimism index for April rose to 92.1, versus expectations for it to climb to 90.3 from its prior 89.5 reading. Import prices were reported to have declined 0.5% in April, which was in-line with expectations. Export prices declined 0.7%, versus a forecast for a 0.1% drop in the month. COMPANY NEWS: Dell (DELL) shares lost 6c, or 0.44%, to $13.46 after Dow Jones said the company will report first quarter non-GAAP earnings of 20c per share, 15c below current consensus estimates. That followed an earlier report from CNBC's David Faber, who also said the company will report earnings that miss expectations and accurately called that Dell has moved its report to Thursday, which is earlier than had been expected... Sony (SNE) shares added $1.87, or 9.9%, but closed off their best levels at $20.76 after the New York Times reported that Dan Loeb of Third Point has built a 6.5% stake and proposes that the company take its entertainment unit public. MAJOR MOVERS: Among notable gainers was InterOil (IOC), up $7.46, or 9.57%, to $85.39 after reporting its earnings and saying its talks with "major oil companies and a national oil company" about a potential LNG partnership are in the final stages. Also higher was SodaStream (SODA), up $6.79, or 11.85%, to $64.08 after at least two analyst firms raised their price target on shares following yesterday's analyst day presentations. Among noteworthy losers was Solar City (SCTY), down $4.44, or 12.37%, to $31.44 after the company's first quarter earnings missed expectations and the stock was downgraded by at least two firms. Also lower was Velti (VELT), down 29c, or 14.5%, to $1.71 after its revenue outlook fell below estimates. INDICES: The Dow was up 123.57, or 0.82%, to 15,215.25; the Nasdaq was up 23.82, or 0.69%, to 3,462.61; and the S&P 500 was up 16.57, or 1.01%, to 1,650.34.
12:32 EDTSNEOn The Fly: Midday Wrap
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10:49 EDTSNEDell accuses optical disk drive makers of price-fixing, Bloomberg says
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10:00 EDTSNESony rises 9.1%
Sony is up 9.1%, or $1.71, to $20.60
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