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Stock Market & Financial Investment News

News Breaks
January 9, 2014
09:03 EDTRLDRealD TrueImage image enhancement technology debuts with 'The Hobbit'
RealD announced that the company’s new 2D and 3D image enhancement technology, RealD TrueImage, has been utilized during post-production of "The Hobbit: The Desolation of Smaug," a production of New Line Cinema and Metro-Goldwyn-Mayer Pictures. RealD TrueImage eliminates artifacts commonly associated with digital and film based capture through a proprietary process. RealD TrueImage is expected to be made available for consumer applications where the technology has distinct benefits, including increased image quality and lower file sizes for content streaming and delivery via more efficient compression.
News For RLD From The Last 14 Days
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December 18, 2014
10:19 EDTRLDSony hack fallout highlights value of IT security spending, analyst says
The hacking of Sony's (SNE) Sony Pictures unit shows that spending more on IT security is worthwhile for companies, Wells Fargo analyst Gray Powell wrote in a note to investors today. WHAT'S NEW: Sony has decided not release the film "The Interview" as planned on December 25, due several theater chains' plans to not show the movie amid threats, CNBC reported. The New York Times said American intelligence officials have determined that the North Korean government was “centrally involved” in the cyber attacks on Sony Pictures. Sony's experience shows that being hacked is much more costly than spending on IT security, Powell stated. After being hacked, Sony has had to cancel the release of its film "The Interview," which it spent $ 42M to make, and it will have to spend more money on fixing the security breach and defending itself against lawsuits triggered by the incident, the analyst stated. Additionally, the company's brand has been damaged, Powell believes. By contrast, Sony spends just $20M per year on IT security, the analyst roughly estimated. Incidents like the hacking of Sony will cause companies to spend a higher percentage of their budgets on IT security next year, according to Powell. He kept Outperform ratings on IT security companies Check Point (CHKP), FireEye (FEYE), Fortinet (FTNT), Palo Alto (PANW), and Proofpoint (PFPT). WHAT'S NOTABLE: Analysts at B. Riley said IMAX (IMAX) and RealD (RLD) could benefit from Sony's cancellation of "The Interview" due to the demand shift towards their respective film slates. The analyst believes both IMAX and RealD could generate an incremental 1c in EPS during the period. PRICE ACTION: In early trading, FireEye jumped 5% to $30, Palo Alto advanced 3.2% to $123.87, Proofpoint gained 2% to $47.87 and Check Point climbed 1.4% to $78.16.
07:23 EDTRLDIMAX and RealD could benefit from The Interview cancellation, says B. Riley
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December 15, 2014
16:08 EDTRLDRealD announces resignation of CTO Gary Sharp
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December 11, 2014
10:13 EDTRLDOn The Fly: Analyst Upgrade Summary
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09:29 EDTRLDRealD upgraded to Buy from Neutral at Dougherty
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December 9, 2014
08:03 EDTRLDRealD licenses Precision White Screen Technology to Harkness Screens
RealD announced that it has licensed its Precision White Screen Technology to Harkness Screens International Limited, available exclusively to RealD customers utilizing RealD 3D Cinema Systems.

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