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Stock Market & Financial Investment News

News Breaks
December 12, 2012
06:17 EDTSNE, SHCAY, SSNLF, PC, TOSBFLCD TV shipments to reach 43M units in China for 2013, DigiTimes reports
LCD TV shipments in China are expected to reach 43M units in 2013, reports DigiTimes. According to market observers, the increase in larger size TV shipments is due to the popularity for Sharp (SHCAY) and Foxconn's 55- and 60-inch TV models. Reference Link
News For SHCAY;TOSBF;SSNLF;SNE;PC From The Last 14 Days
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May 14, 2013
06:22 EDTSSNLF, SNEGartner reports Q1 mobile phone sales growth
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05:51 EDTSNEThird Point takes 6.5% stake in Sony, pushes break-up, NY Times reports
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05:49 EDTSNESony volatility flat, Dan Loeb amasses $1.1B stake
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May 13, 2013
15:30 EDTSNESony management to meet with JPMorgan
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15:22 EDTSSNLFAmazon confirms purchase of Samsung screen technology, The Digital Reader says
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06:09 EDTSSNLFSamsung announces plans to launch 5G by 2020
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May 12, 2013
18:44 EDTSHCAYSharp to scale back European operations, Nikkei says
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May 10, 2013
12:14 EDTSNESony to unveil video game featuring hacker
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10:53 EDTSSNLFFacebook adds Facebook Home launcher to more Android phones, androidcentral says
Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link
08:03 EDTSSNLFLenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports
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May 9, 2013
15:25 EDTSNERoyalty talks for Apple's iRadio hit snag, FT reports
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14:55 EDTTOSBFFTC approves modified final order on Western Digital purchase
The Federal Trade Commission approved and issued a modified final decision and order settling charges that Western Digital’s (WDC) proposed acquisition of rival Hitachi Global Technologies would have been anticompetitive in the market for hard disk drives used in desktop PCs. The proposed order settling the FTC’s charges, first announced on March 5, 2012, required Western Digital to sell assets used to manufacture and sell desktop computer hard disk drives to Toshiba (TOSBF) to resolve the agency’s competition concerns. The FTC has approved several modifications to the proposed order to incorporate adjustments that Western Digital and Toshiba Corporation, the buyer of the divested assets, made in the transaction documents. The final order provides for the additional time Western Digital required to complete the divestiture in order to obtain the necessary approvals from other relevant competition authorities and also includes revised production and asset transfer schedules, and extended time in which Western Digital will have access to certain employees. The FTC has also approved changes to the Divestiture Agreement and Contract Manufacturing Agreement to reflect the changes to the remedial agreements made by Western Digital and Toshiba Corporation.
07:26 EDTSNESony, Reliance Games work on 'After Earth' mobile game, Economic Times says
In India, Reliance Games said it will work with Sony Pictures Consumer Products and Overbrook Entertainment to introduce a mobile game based on the movie 'After Earth,' reports the Economic Times. .Reference Link
06:10 EDTSSNLFDRAM shortages expected to impact PC players in Q2, DigiTimes says
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06:03 EDTSNESony sees FY14 net income 50B yen vs. 43B yen a year ago
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06:01 EDTSNESony reports Q4 operating income $1.57B vs. 1.4B yen loss a year ago
Reports Q4 sales $18.44B. Sony said the sales increase was primarily due to the favorable impact of foreign exchange rates and the impact of the consolidation of Sony Mobile as a wholly-owned subsidiary for the entire Q4, partially offset by a significant decrease in LCD Television unit sales and the negative impact from the sales of the small- and medium sized display business and chemical products related business.
05:50 EDTSSNLFSamsung using its own parts to cut costs, WSJ reports
Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link
May 8, 2013
10:55 EDTSHCAYSharp to reportedly start iPhone 5S LCD production in June, Apple Insider says
Sharp (SHCAY) is supposedly readying one of its Japanese plants to begin manufacturing LCDs for Apple's (AAPL) "iPhone 5S" in June, said Apple Insider, citing Japan's Nikkan Kogyo Shimbun. Reference Link
07:10 EDTSSNLFSamsung faced with hugh cash pile, WSJ reports
Samsung (SSNLF) now faces a new, enviable Apple-like (AAPL) challenge: a mammoth pile of unspent, accumulated cash. The company said its cash and cash equivalents grew to nearly $40B at the end of March. After stripping out debt, their net cash position is $28.5B, reports the Wall Street Journal.Reference Link
06:15 EDTSSNLFApple wants Google documents in Samsung suit, Bloomberg reports
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