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Stock Market & Financial Investment News

News For SHCAY;TOSBF;SSNLF;SNE;PC From The Last 14 Days
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January 28, 2015
17:49 EDTSSNLFQualcomm says seeing heightened competition in China in low, mid tiers
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12:20 EDTSNESony to shut down 'Music Unlimited' service on March 29
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05:58 EDTSSNLFSamsung look to expand DRAM capacity in 2015, DigiTimes reports
Samsung will look to expand its DRAM capacity in 2015 with its new Line-17 fab that will process 60K wafers monthly, reports DigiTimes. According to industry sources, the expanded DRAM capacity may create uncertainty for the industry bit supply growth and pricing. Reference Link
05:58 EDTSNESony to focus on Taiwan mid-range to high-end smartphone market, DigiTimes says
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05:58 EDTSNE, SSNLF, TOSBF, SHCAYSharp estaimtes LCD TV shipments to reach 6M in FY14, DigiTimes reports
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January 27, 2015
14:08 EDTSSNLFApple leader of smartphone market in China, Reuters reports
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13:19 EDTSNESony to cut additional 1,000 employees in smartphone business, Nikkei says
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05:49 EDTSHCAYReport: Sharp to cut TV panel production by 20% in Q1, DigiTimes says
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05:47 EDTSSNLFReport: Samsung begins smartphone production lines in Indonesia, DigiTimes says
Samsung begins smartphone production lines in Indonesia, reports DigiTimes. According to a Korean-language Edaily report that cited sources familiar with Samsung's operatives, the production lines will be able to roll out 900K smartphones a month and will be made specifically for the Indonesia market. Reference Link
January 26, 2015
18:30 EDTSSNLFApple closing in on Samsung in smartphone sales, WSJ reports
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13:05 EDTSSNLFEarnings Preview: Corning sees year-over-year sales, earnings growth in Q4
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06:46 EDTSSNLFSamsung to supply processors for next iPhone, Reuters says
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January 23, 2015
16:55 EDTSSNLFMarket ends week higher after ECB announces bond purchase plan
Stocks finished higher for the week after the European Central Bank unveiled a larger than expected bond buying plan and earnings season in the U.S. picked up steam. MACRO NEWS: The European Central Bank announced that it would buy EUR 60B of government and private bonds per month through September 2016. Reports before the ECB's official announcement had suggested that the central bank would buy EUR 50B of bonds per month... On a negative note, the International Monetary Fund cut its 2015 global growth outlook to 3.5% from 3.8%... U.S. economic data was mixed, as weekly jobless claims and sales of existing homes in December were worse than expected, but the index of leading economic indicators and new housing permits for December came in above the consensus outlook. COMPANY NEWS: Netflix (NFLX), Starbucks (SBUX), firearm maker Smith & Wesson (SWHC), and Southwest Airlines (LUV) were among the companies whose stocks rose following their results and guidance. On the other side of the ledger, Johnson & Johnson (JNJ), IT management solution provider CA Technologies (CA), UPS (UPS), and application delivery networking products maker F5 Networks (FFIV) were among the companies that fell after they reported their earnings or updated their financial outlooks... M&A reports moved a number of stocks this week. The Financial Post reported that Samsung (SSNLF) had hired investment bank Evercore (EVR) to evaluate a purchase of the troubled Canadian company. Samsung is still considering purchasing BlackBerry (BBRY), the newspaper added. However, Canada's BNN reported that Evercore said that Samsung has not been a recent client of theirs and that they prepare ideas "routinely" on their "own accord." Avon (AVP) has held talks about a potential sale to private equity firm TPG Capital, dealReporter stated. Bloomberg reported that online travel agency Orbitz Worldwide (OWW) is working with an adviser to contact potential buyers and has drawn interest from private-equity funds and other Internet companies... DreamWorks Animation (DWA) tumbled after announcing a new strategic plan that will see it cut its feature production from three films per year down to two and axe about 500 jobs. INDEXES: For the week, the Dow dipped 0.37% to 17,672.60, the Nasdaq rose 1.14% to 4,757.88, and the S&P gained 0.34% to 2,051.82.
10:07 EDTSNEHigh option volume stocks
High option volume stocks: CE TSM RYAM NOC SNE FXCM LBTYA TKMR LF STT
06:22 EDTSSNLFApple sees strong growth in Asian smartphone sales, CNBC says
Apple (AAPL) captured 33% of South Korea's smartphone market share in November, reports CNBC, citing Counterpoint Research. South Korean Samsung's (SSNLF) market share fell from 60% six months earlier to 46%. Apple also captured over 50% market share in Japan and saw a rise to 12% in China behind Lenovo (LNVGY) and Xiaomi. Reference Link
06:17 EDTSNESony to delay earnings report due to last year's cyberattack
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05:52 EDTSSNLFSamsung OLED handset pricing to reach parity with TFT LCD in 2015, DigiTimes say
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05:52 EDTSSNLFGartner: Samsung, Apple remain top semiconductor buyers in 2014, Digitimes says
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January 22, 2015
14:56 EDTSSNLFBlackBerry off highs after Evercore said to deny prepping Samsung report
Shares of BlackBerry (BBRY) remain up 8% near $10.74 in afternoon trading, but are off their earlier session high of $11.11, after BNN's Amber Kanwar reported that Evercore (EVR) tells BNN that Samsung (SSNLF) has not been a recent client of theirs and that they prepare ideas "routinely" on their "own accord." The BNN report follows an earlier story from Canada's Financial Post that claimed that Evercore Partners produced a 40 page analysis of the advantages and disadvantages to Samsung of acquiring all or part of BlackBerry on behalf of the Korean smartphone maker.
14:45 EDTSSNLFQualcomm seen giving Samsung redesigned Snapdragon, WSJ says
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10:42 EDTSSNLFBlackBerry jumps after report says Samsung analyzed takeover
An investment bank hired by Samsung prepared a detailed analysis of a potential acquisition of all or part of BlackBerry (BBRY) by the South Korean company, The Financial Post reported. WHAT'S NEW: In the fourth quarter of last year, Evercore Partners produced a 40 page analysis of the advantages and disadvantages to Samsung of acquiring all or part of BlackBerry, according to The Financial Post. The document also laid out various strategies that Samsung could use to make such a deal, and obstacles that could prevent the deal from occurring, the newspaper stated. Acquiring a minority stake would have many advantages for Samsung, the newspaper quotes the document as saying. However, it questions whether Samsung could achieve its key objectives if it only holds a minority stake in BlackBerry. The Canadian company's software appears to be complementary to that of Samsung, but further analysis must be conducted on that issue, Evercore stated, according to The Financial Post. The document suggested that Evercore could ask Fairfax Financial (FRFHF), a major BlackBerry shareholder, to help facilitate a deal. WHAT'S NOTABLE: After attending meetings with BlackBerry CFO James Yersh, Wells Fargo estimated that BlackBerry's QNX subsidiary, which develops software for automobiles, is already generating about 40% of the $500M of total annual software revenue that BlackBerry has targeted. Many analysts have questioned whether BlackBerry could meet this target. The firm also stated that BlackBerry will unveil "an iconic device" in early March. However, Yersh acknowledged that Q4 would be a transition quarter, while many investors remain cautious about BlackBerry, Wells stated. The firm has a neutral rating on the shares. PRICE ACTION: In mid-morning trading, BlackBerry surged 8.5% to $10.80.
08:28 EDTSSNLFBank document shows Samsung still pursuing BlackBerry, Financial Post says
Samsung (SSNLF) continues to pursue acquisition of BlackBerry (BBRY), reports the Financial Post, citing an investment bank document and a source with knowledge of the plan. Prepared by Evercore Partners in 4Q14, the document hints at only a partial takeover, notes that Lenovo (LNVGY) may compete with Samsung for the company, cites BlackBerry's operating system and Messenger as potential divestitures, adds that Samsung could offset $50M in taxable income, and suggests Samsung start by approaching Fairfax Financial about acquiring a minority stake. Reference Link
07:53 EDTTOSBFToshiba negotiating nuclear reactor deals with China, Kazakhstan, Reuters says
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06:54 EDTSNESony sees mobile success in Middle East and Africa, WSJ says
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05:53 EDTSHCAYReport: Sharp to decrease IGZO production by 40%, DigiTimes reports
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January 21, 2015
14:39 EDTSSNLFSamsung Galaxy S6 likely to have wireless charging, BGR says
Among the expected features for Samsung's (SSNLF) upcoming new flagship Galaxy S6 phone, BGR said it expects the device to feature built-in wireless charging. The Fly notes that Integrated Device (IDTI) is a supplier for wireless charging components. Reference Link
09:46 EDTSSNLFSamsung unlikely to switch from Qualcomm in all Galaxy S6, says Cowen
Cowen doubts that Samsung (SSNLF) is ready to switch away from Qualcomm (QCOM) components to a whole new chip system for its Galaxy S6 phone, as implied by a Bloomberg report, and believes instead that the phone maker will launch the Galaxy S6 in Korea with its own chips and slightly delay the phone elsewhere while Qualcomm works through its issues. The firm, which also thinks Qualcomm has already solved the reported heating problem with the Snapdragon 810, maintains its Outperform rating and $79 price target on Qualcomm.
08:13 EDTSSNLFQualcomm slides after reportedly being dropped from Galaxy phone
Samsung Electronics (SSNLF), which is trying to become more self-sufficient and give a boost to its own processor-making unit, will reportedly drop Qualcomm’s (QCOM) Snapdragon chip in favor of its own microprocessors in the next Galaxy S smartphone, according to a report from Bloomberg that cited people with direct knowledge of the matter. Shares of Qualcomm are down 2.7% to $70.50 in pre-market trading following the Bloomberg report.
06:36 EDTSNESony's 'The Interview' nets $40M in online and TV sales, Re/code says
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06:35 EDTSNESony planning to reduce headcount in Japan by 1,500, Variety reports
According to media reports in Japan, Variety reports that Sony is planning to reduce its headcount in various divisions in Japan by about 1,500 by the end of FY14 through early retirement programs. The process, which began last August, involved Sony's corporate planning and finance departments, but has now been expanded to include corporate headquarters staff. Reference Link
05:53 EDTSSNLFSamsung drops Qualcomm chip from next Galaxy smartphone, Bloomberg reports
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05:53 EDTSSNLFTrendForce: Global smartphone shipments grew 26% in 2014, DigiTimes reports
Global smartphone shipments grew about 25.9% to 1.17B units, reports DigiTimes, according to TrendForce. Samsuing amanged to retain to the number one position, although its global market share dropped to 28% from 32.5% while Apple shipments grew to 24.5% market share compared to 16.6% last year. Reference Link
January 20, 2015
18:38 EDTSNESony probed Indian operations for corruption, Bloomberg reports
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13:56 EDTSSNLFSamsung reports 3.4% passive stake in SunEdison
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06:27 EDTSSNLFSamsung considering stock split, WSJ says
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January 19, 2015
07:45 EDTSSNLFSamsung wants BlackBerry partnership, not takeover, WSJ reports
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January 18, 2015
17:09 EDTSSNLFSamsung shares could rise 30%, Barron's says
Samsung shares could rise 30% and investors who can acquire shares could be rewarded, Barron's argues in a follow up article. Reference Link
January 16, 2015
12:26 EDTSSNLFBlackBerry CFO again denies rumor, but Oppenheimer says company may be in play
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09:47 EDTSNEPolice arrest U.K. man in connection with Sony, Microsoft hack, Bloomberg says
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06:27 EDTSSNLFSamsung names Lee Don-tae as global design team leader, Korea Joongang says
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06:12 EDTSSNLFSamsung, Globalfoundries secures majority of A9 orders, DigiTimes reports
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06:10 EDTTOSBF, SSNLFGlobal notebook shipments to reach 46M units in Q4, DigiTimes Research says
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06:08 EDTSNESony may look to sell handset business, DigiTimes reports
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January 15, 2015
19:46 EDTSNEMicrosoft's Xbox wins holiday retail fight against PS4, Re/code reports
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07:52 EDTSNE'Avatar' sequel pushed back to 2017, AP says
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06:33 EDTSSNLFSamsung says BlackBerry rumors 'not true,' Yonhap News reports
In response to media reports that Samsung (SSNLF) is in talks to buy BlackBerry (BBRY) for up to $7.5B, a Samsung spokesperson says "It is not true," Yonhap News reports. BlackBerry also denied rumors of a potential deal. Reference Link
06:14 EDTSSNLFSamsung may dump Qualcomm chip in Galaxy S6 for own processor, DigiTimes says
Samsung (SSNLF) may dump Qualcomm's (QCOM) Snapdragon 810 processor for use in its next-generation Galaxy S smartphone in favor of its own Exynos-series chip, reports DigiTimes. According to other industry sources, Samsung's Galaxy S6 may have two versions using either Qualcomm's Snapdragon processors or Samsung's own Exynos chips. Reference Link
06:04 EDTSSNLFBlackBerry turned down multiple takeover offers, Globe and Mail reports
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