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Stock Market & Financial Investment News

News Breaks
March 18, 2013
06:19 EDTSHCAY, QCOMSharp, Qualcomm deal misses deadline, second capital injection delayed
Sharp (SHCAY) has previously announced in its press release dated December 4, 2012 that the board of directors of the company has passed a resolution at the board of directors meeting held on December 4, 2012 for the issuance of new shares by way of the third party allotment to Qualcomm (QCOM) with the subscription payment date being March 29, 2013. However, please be informed that the company will not be able to receive the subscription payment on March 29, the expected subscription payment date, due to certain procedures required under the Companies Act since the discussion on the fulfillment of the conditions precedent to the implementation of the Second Third Party Allotment Capital Increase is still being continued. The company, however, intends to continue its discussions with Qualcomm and will promptly issue a press release when the discussions are concluded.
News For SHCAY;QCOM From The Last 14 Days
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May 23, 2013
11:31 EDTQCOMCirrus Logic tumbles after reducing long-term margin outlook
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May 22, 2013
07:10 EDTSHCAYSamsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
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06:02 EDTSHCAYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
07:32 EDTQCOMCTIA–The Wireless Association to host a conference
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May 20, 2013
07:32 EDTQCOMSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
May 15, 2013
15:08 EDTSHCAYSharp upgraded to Overweight from Neutral at JPMorgan
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07:11 EDTSHCAYJapan'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 EDTSHCAYOn the Fly: Periodicals Wrap-Up
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May 14, 2013
17:48 EDTQCOMLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
07:54 EDTSHCAYSharp signs partnership agreement with Makita
Sharp announced it has signed a basic agreement to form a partnership with Makita. The two companies will seek to expand their business scope by expanding the product lineup of Makita through incorporation of Sharp’s technology, and by mutually utilizing each company’s value chain including product planning, production and sales in the global market.
07:51 EDTSHCAYSharp sees FY14 revenue Y2.7T, EPS Y4.29
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07:50 EDTSHCAYSharp to seek increased sales to Samsung, Reuters reports
Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link
07:49 EDTSHCAYSharp to replace of Chairman, President
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07:43 EDTSHCAYSharp reports FY13 EPS (Y489.83) vs. (Y341.78)
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May 12, 2013
18:44 EDTSHCAYSharp to scale back European operations, Nikkei says
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