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Stock Market & Financial Investment News

News Breaks
January 9, 2013
07:54 EDTSKUL, SNESkullcandy's share decline makes it a takeover target, Bloomberg reports
Audio accessories firm Skullcandy (SKUL) has become a takeover target after its shares dropped more than nearly every other IPO over the past year and a half, reports Bloomberg. It's down 66% since it began trading in July 2011, and has performed worse than all but seven of the 185 U.S. IPOs completed since its debut, according to Bloomberg data. The shares slid to a record low of $6.70 last week after Jefferies Group recommended selling the stock. Potential suitors include Bose Corp. and Sony Corp. (SNE). Reference Link
News For SKUL;SNE From The Last 14 Days
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July 7, 2015
07:01 EDTSNEAllen & Company to hold a conference
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05:53 EDTSNESony and Yahoo Japan look to invest heavily in real estate business, WSJ reports
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July 2, 2015
14:14 EDTSNEFitbit shares tack on gains as analyst confidence grows
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06:44 EDTSNEFacebook holds talks with major labels to 'get into music', The Verge reports
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July 1, 2015
06:41 EDTSNESony launches crowdfunding campaign for advanced remote control, WSJ says
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June 30, 2015
06:03 EDTSNESony to raise nearly $4B via new shares, bonds
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05:58 EDTSNESony Mobile and Huawei look to expand mobile device sales, DigiTimes reports
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June 29, 2015
06:05 EDTSNENotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 26, 2015
09:18 EDTSNESirius XM discloses settlement agreement with various record companies
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05:51 EDTSNEFoxconn expects to be largest handset, tablet ODM/OEM in 2015, DigiTimes says
Foxconn Chairman Terry Guo said the company is set to be the largest OEM/ODM for handsets, tablets and desktops in 2015, reports DigiTimes. Guo added that Foxconn will establish component supply chains to increase its advantage over competitors. Reference Link
June 24, 2015
10:36 EDTSNEElectronic Arts advances after analysts positive on E3 showing
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June 23, 2015
08:54 EDTSKULSkullcandy weakness overdone, says DA Davidson
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06:05 EDTSNENo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link

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