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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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April 17, 2014
06:08 EDTSNESony says PlayStation 4 sales surpass 7M units worldwide
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April 16, 2014
06:58 EDTSNEFormer Sony chairman to take place on Time Inc's board, NY Post says
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06:20 EDTSNESamsung, Sony Mobile, HTC to release mini smartphone models, DigiTimes says
Samsung (SSNLF), Sony (SNE) Mobile and HTC are expected to launch mini versions of their flagship smartphones by end of Q2, reports DigiTimes. According to sources at Taiwan's handset supply chain, Samsung will release a Galaxy S5, Sony Mobile will release the Xperia Z2 Compact and HTC will release a HTC One mini. Reference Link
06:10 EDTSNESony, Hydro-Quebec form JV for large-scale energy storage system for power grids
Sony Corporation and Hydro-Québec announced that they have agreed to establish a joint venture to research and develop a large-scale energy storage system for power grids. Sony and Hydro-Québec plan to establish the new company in June. The new company will utilize Sony's control technologies for highly safe, reliable, olivine-type lithium-ion iron phosphate rechargeable batteries and highly scalable module systems, together with Hydro-Québec's operation and control technologies for electric power supplies as well as its lithium-ion battery material technology. By combining these strengths, the new company intends to research and develop a highly safe and reliable system for large-scale applications, as well as battery material technology suitable for use within electric power systems, and explore their use in a wide variety of applications, such as meeting excess demand during peak times, and the integrating renewable energy sources into power grids.
April 15, 2014
18:22 EDTSNESony looks to revive TV business with 4K technology, Nikkei reports
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08:34 EDTSNEHighpower subsidiary selected by Sony as battery supplier
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April 14, 2014
11:11 EDTSNEVevo and Yahoo expand music video distribution partnership
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06:06 EDTSNESony expects Ultra HD TV sales to increase to four times in 2014, DigiTimes says
Sony expects Ultra HD TV sales to increase by four times in 2014 as it targets a 10% global share in LCD TV shipments, reports DigiTimes. The company is targeting 20M LCD TV shipments in 2014 with Ultra HD TV sales in the China market increasing six-fold. Reference Link
April 11, 2014
06:52 EDTSNESony warns customers of Vaio PCs battery fire risk, Reuters says
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06:12 EDTSNEDreamWorks Animation may look to take a piece of Vevo, Re/code reports
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April 10, 2014
08:00 EDTSNESony PS4 grants Hirai profit potential as risk decreases, Bloomberg says
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April 7, 2014
08:15 EDTSNECisco, Sony collaborate on live delivery of full-frame rate 4K 60P content
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