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Stock Market & Financial Investment News

News Breaks
December 12, 2012
06:17 EDTSSNLF, PC, TOSBF, SNE, SHCAYLCD 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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February 23, 2015
07:27 EDTSNESony breach underscored failings in corporate, government cooperation, WSJ says
A Wall Street Journal review of the hack attack on Sony Entertainment shows that the companies and government agencies fighting the hackers based some decisions on little information or consultation since the parties often held too closely to their own interests, illustrating major shortcomings in how the government and companies work together to respond to such attacks. The Journal cites interviews with executives, U.S. officials and people briefed on their conversations in its report. Reference Link
07:00 EDTSSNLFUnconfirmed price leak shows Samsung SUHD TVs starting at $2,499, CNet says
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February 20, 2015
06:11 EDTSNESony may be contemplating replacing CEO Hirai with CFO Yoshida, NY Post says
Sony may be considering replacing CEO Kaz Hirai with current CFO Kenichiro Yoshida, reports the New York Post, citing several Hollywood sources. Yoshida has received heavy media praise for his restructuring efforts and is currently set to add the title of executive deputy president in April. The article emphasizes that this is speculation among Hollywood figures. Reference Link
February 19, 2015
09:51 EDTSSNLFSamsung sees LoopPay tech built into smartphone hardware, TechCrunch says
Samsung will work to incorporate its recently-acquired LoopPay mobile payment technology directly into smartphone hardware, reports TechCrunch, citing statements by EVP and head of Samsung Mobile Injong Rhee. Rhee added that LoopPay is "compelling because of its coverage," as its technology allows it to work with roughly 90% of existing card payment terminals in U.S. stores. Samsung Innovation Center EVP David Eun noted the company will release new products incorporating the technology "in the near future" and hinted at the possibility of features like loyalty programs. Reference Link
09:14 EDTSNESony Pictures co-chairman position may be split into multiple roles, FT says
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06:57 EDTSNESony to release high-end audio memory card, WSJ says
Sony will release a high-end, audio-focused memory card next month, reports the Wall Street Journal's Digits blog, citing spokesperson comments. The 64gb micro SD card will sell for $160 in Japan -- which the paper notes is roughly five times the average price for standard 64gb cards -- and produces less electrical noise when reading data. A Sony spokesperson stated, "We arenít that sure about the productís potential demand." Reference Link
February 18, 2015
15:43 EDTSSNLFSamsung to acquire digitial wallet start-up LoopPay
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12:30 EDTSNESony upgraded to Buy from Neutral at Nomura
09:09 EDTSSNLFLionsgate and Samsung launch exclusive virtual reality experience
Lionsgate (LGF) and Samsung (SSNLF) have teamed up to create the exclusive virtual reality experience "Insurgent- Shatter Reality". The four-minute visual work of art is a fully-immersive, 360-degree narrative experience set in the world of the upcoming feature film The Divergent Series: Insurgent.
06:20 EDTSSNLFApple awarded patent for wireless head-mounted display, Financial Times reports
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06:00 EDTSNESony plans to split out Video & Sound unit, others thereafter
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05:58 EDTSNESony sets FY17 ROE target of more than 10%
Sony held its Corporate Strategy Meeting and unveiled a mid-term strategy that charts the path forward for the company over the next three years. Sony said it will position Return on Equity as its primary key performance indicator and has set a target for consolidated ROE of more than 10% and a target for consolidated operating profit of more than 500B yen for the Sony Group in FY2017, the final year of its mid-range corporate plan.
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