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Stock Market & Financial Investment News

News Breaks
January 8, 2014
08:32 EDTROVI, SHCAYRovi, Sharp agree to new DivX licensing agreement
Rovi Corporation (ROVI) announced that Rovi and Sharp Corporation (SHCAY) have agreed to renew a multi-year DivX® licensing agreement. The new agreement enables Sharp to integrate DivX HEVC technology in its next-generation AQUOS® TVs and AQUOS® Blu-ray disc recorder product lines to support the high-quality streaming and playback of DivX HEVC HD 720p/1080p and UltraHD/4K HEVC content. In addition, the agreement includes use of Rovi’s adaptive streaming solution, DivX Plus Streaming®.
News For ROVI;SHCAY From The Last 14 Days
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February 5, 2016
06:16 EDTSHCAYFoxconn CEO: Should reach Sharp deal in next 2-3 weeks, Reuters reports
Foxconn (HNHPF) should be able to reach an agreement to purchase Sharp (SHCAY) over the next 2-3 weeks, after the two companies reach a consensus on most points at a Friday meeting, Reuters reports, citing Foxconn CEO Terry Gou. Foxconn officially has been granted preferred negotiating rights, the report says, citing comments from Gou to reporters. Reference Link
February 4, 2016
19:44 EDTSHCAYSharp selects Foxconn as preferred bidder after $5.6B offer, Reuters says
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06:01 EDTSHCAYSharp leaning toward acquisition offer from Foxconn, NY Times reports
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February 3, 2016
10:39 EDTSHCAYActivist fund urges Sharp to be more transparent over bailout pick, Reuters says
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February 1, 2016
08:02 EDTROVIRovi and Intellectual Ventures to focus on OTT offerings
Rovi and Intellectual Ventures announced that the companies are collaborating to bring together two of the world's leading media and entertainment patent portfolios under a unified, comprehensive licensing program to focus on over-the-top, or OTT offerings. Under the new agreement, Rovi will serve as the exclusive partner for IV, licensing the companies' combined patent portfolio exclusively to OTT customers.
January 31, 2016
20:22 EDTSHCAYInnovation Network mulling solar integration of Sharp, Showa, Nikkei says
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18:39 EDTSHCAYFoxconn chairman: Sharp to decide on offer next week, Bloomberg says
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January 29, 2016
07:39 EDTSHCAYFoxconn set to raise offer for Sharp, FT reports
Foxconn (HNHPF) is set to raise its bid for Sharp (SHCAY) to JPY700B from JPY625B, the Financial Times reports, citing a person with knowledge of the plan. Foxconn founder and chairman Terry Gou is anticipated to submit the new offer to Sharp at its headquarters in Osaka over the weekend with promises to invest further in Sharp's technology, the report says. Reference Link
January 28, 2016
12:57 EDTSHCAYINCJ wants Sharp president, chairman, CFO to resign, Nikkei reports
The Innovation Network Corp. of Japan, which is proposing to inject capital into Sharp, wants the company's president, chairman, and CFO to resign as a condition of the capital aid, Nikkei reports. INCJ wants to appoint the majority of Sharp's board, raising the possibility of an outside hire taking the top spot, the report says. Reference Link
January 27, 2016
06:27 EDTSHCAYFoxconn details Sharp bid, Reuters reports
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January 25, 2016
12:37 EDTROVIJP Morgan reports 6.4% passive stake in Rovi

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