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Stock Market & Financial Investment News

News Breaks
April 8, 2014
12:10 EDTQCOM, SSNLFIneda Systems says secures funding from Samsung, Qualcomm
Ineda Systems, a developer of low-power SoCs for use in the fast-growing wearables and Internet of Things market segment, announced that it has raised $17M in Series B funding. The investment was led by Walden-Riverwood Ventures and includes co-investors Samsung Catalyst Fund (SSNLF), Qualcomm (QCOM), through its venture capital arm, Qualcomm Ventures, IndusAge Partners and others, along with existing investors that include Imagination Technologies whose IP cores such as processor, graphics and other cores are used in Ineda’s products. The funding will be used to further develop Ineda’s new class of highly integrated, ultra-low power semiconductor and software products that are aimed at the wearable device segment.
News For QCOM;SSNLF From The Last 14 Days
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July 16, 2014
11:29 EDTQCOMIntel hits 52-week high after results beat estimates
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10:58 EDTSSNLFSamsung in talks to buy SmartThings for about $200M, TechCrunch reports
Samsung is in talks to acquire SmartThings, a company in the home automation space that allows users to connect devices like lights and doorlocks to a system controlled by their mobile phone, TechCrunch reports. The purchase price is said to be around $200M. Reference Link
06:55 EDTSSNLFSurvey shows Samsung losing smartphone ground, Reuters says
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06:52 EDTSSNLFSamsung may be in partnership talks with Under Armour, Yonhap says
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06:20 EDTSSNLFDRAM chip prices likely to increase 10% in July, DigiTimes reports
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06:16 EDTSSNLFSanDisk partners with Rockchip for iNAND solutions, DigiTimes reports
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July 15, 2014
07:50 EDTQCOMQualcomm estimates adjusted to reflect inventory transition, says Canaccord
Canaccord adjusted its estimates for Qualcomm to reflect an ongoing inventory transition in China from 3G to 4G devices. The firm continues to expect strong growth of smartphones, the upgrade to new air interface technologies, and strong market share gains to drive sales and earnings growth. Qualcomm shares are Buy rated with a $95 price target.
06:17 EDTSSNLFReport: Samsung finishes LTE-A solution for mobile processors, DigiTimes says
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06:11 EDTQCOM, SSNLFSamsung, HiSilicon to sell more handset solutions to vendors, DigiTimes says
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06:02 EDTSSNLFSamsung, Nest, ARM team up for Thread wireless networking protocol
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July 14, 2014
10:00 EDTQCOMOn The Fly: Analyst Downgrade Summary
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08:16 EDTQCOMQualcomm downgraded to Neutral from Strong Buy at ISI Group
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06:54 EDTSSNLFSamsung ceases business with China supplier, Reuters says
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July 12, 2014
18:33 EDTSSNLFIntel looks to Chinese unbranded makers to boost tablet presence, WSJ says
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July 11, 2014
12:46 EDTQCOMQualcomm downgraded to Buy from Strong Buy at Tigress Financial
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10:00 EDTQCOMOn The Fly: Analyst Downgrade Summary
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09:09 EDTQCOMOn The Fly: Pre-market Movers
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07:36 EDTQCOMQualcomm downgraded to Buy from Conviction Buy at Goldman
Goldman removed Qualcomm from the Conviction Buy List as it does not expect material near-term upside to Street estimates sees some risk of downside. The firm trimmed estimates for both the June and September quarters due to weaker handset demand but maintains its Buy rating and $95 price target based on relative valuation and growth profile.
07:35 EDTQCOMQualcomm questioned again in Chinese anti-trust probe, Xinhua says
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05:57 EDTSSNLFSamsung revamping app store for phones and tablets, Re/code reports
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