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Stock Market & Financial Investment News

News Breaks
January 20, 2014
08:43 EDTSNE, ROVIRovi announces renewed license agreement with Sony
Rovi Corporation (ROVI) announced that it has renewed the license agreement with Sony (SNE) for interactive program guide patents and technologies. The agreement continues to provide Sony with a license to Roviís guide patent portfolio for its consumer electronics devices worldwide and the ability to use related Rovi guide and metadata technologies. In addition to a relationship involving discovery technology and patents, Rovi will collaborate with Sony on advanced TV advertising. Sony uses Rovi Advertising Service, part of Rovi Cloud Services, on its connected TVs and Blu-ray players in North America and Europe.
News For ROVI;SNE From The Last 14 Days
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April 17, 2015
13:39 EDTSNEElectronic Arts says Star Wars Battlefront begins shipping November 17
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07:15 EDTSNEMarch NPD video game software sales declined 3%, says Piper Jaffray
Piper Jaffray notes March NPD video game software sales declined 3% year-over-year, with major titles for the month including Electronic Arts' (EA) Battlefield Hardline, Bloodborne from Sony (SNE) and Take-Two's (TTWO) Grand Theft Auto V. Piper notes the monthly decline is the first in 2015, leaving the segment up 2% through the first three months combined. It keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts, GameStop (GME) and Take-Two.
05:53 EDTSNEWikiLeaks publishes previously hacked Sony emails, Financial Times reports
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April 16, 2015
09:06 EDTROVIEngaged Capital says Rovi needs aligned shareholder representation
Engaged Capital, an investment firm specializing in small and mid-cap North American equities and beneficial owner of 550,000 shares of the common stock of Rovi, sent a letter to shareholders in connection with its campaign to elect three directors at the company's May 13 annual meeting, which states in part: "We believe the incumbent Board displays all the hallmarks of a broken and unaccountable governance structure that has incubated poor decision making and led to the continued destruction of shareholder value. We have engaged privately with the Board over many months and proposed a compromise on Board reconstitution that would give shareholders a voice in the boardroom. However, after the Boardís repeated failure to engage in a constructive manner, we lost confidence in their ability to act in the best interests of Rovi shareholders...In seeking minority Board representation, we have struck what we believe is a careful balance between adding fresh perspective and needed expertise to the Board, and maintaining a significant level of Board continuity."
April 15, 2015
08:35 EDTROVIRovi to power DISH's voice-based TV interface
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April 14, 2015
13:20 EDTSNERecord labels lobby for better royalties from YouTube, Dailymotion, FT says
The International Federation of the Phonographic Industry alleged Tuesday that certain digital video platforms including Google's (GOOG) YouTube and Orange's (ORAN) Dailymotion are relying too much on "safe harbour" laws to avoid paying royalties to record labels, reports the Financial Times, citing statements by IFPI CEO Frances Moore. The move comes as the European Commission weighs reforming EU copyright law. The IFPI is a recording industry group that counts Sony (SNE) Music Entertainment and Vivendi's (VIVHY) Universal Music Group among its members. Reference Link
08:35 EDTROVIRovi selected by Entone for cloud-based guide
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05:54 EDTSNESony creates unit built for local language production, Financial Times says
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April 13, 2015
08:42 EDTSNEPandora rises after Spotify reportedly valued above $8B in fundraising
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07:04 EDTROVIRovi urges investors to vote for director nominees at annual meeting
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April 12, 2015
18:11 EDTSNEEx-hacker says many capable of launching Sony-style cyber attack, CNET says
Ninety percent of companies are vulnerable to a Sony (SNE)-like cyber attack security experts tell "60 Minutes," CNET says. Companies in the cyber security space include Barracuda (CUDA), FireEye (FEYE), Check Point (CHKP), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Qualys (QLYS), Symantec (SYMC) and Proofpoint (PFPT). Reference Link
April 9, 2015
05:18 EDTROVIDigital Realty names Michael Henry SVP and Chief Information Officer
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April 7, 2015
07:28 EDTSNESony increases production capacity for stacked CMOS image sensors
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April 5, 2015
17:35 EDTSNESony acquiring 'important parts of OnLive'
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