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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, 2015
13:39 EDTSNEElectronic Arts says Star Wars Battlefront begins shipping November 17
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07:15 EDTSNEMarch NPD video game software sales declined 3%, says Piper Jaffray
Piper Jaffray notes March NPD video game software sales declined 3% year-over-year, with major titles for the month including Electronic Arts' (EA) Battlefield Hardline, Bloodborne from Sony (SNE) and Take-Two's (TTWO) Grand Theft Auto V. Piper notes the monthly decline is the first in 2015, leaving the segment up 2% through the first three months combined. It keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts, GameStop (GME) and Take-Two.
05:53 EDTSNEWikiLeaks publishes previously hacked Sony emails, Financial Times reports
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April 14, 2015
13:20 EDTSNERecord labels lobby for better royalties from YouTube, Dailymotion, FT says
The International Federation of the Phonographic Industry alleged Tuesday that certain digital video platforms including Google's (GOOG) YouTube and Orange's (ORAN) Dailymotion are relying too much on "safe harbour" laws to avoid paying royalties to record labels, reports the Financial Times, citing statements by IFPI CEO Frances Moore. The move comes as the European Commission weighs reforming EU copyright law. The IFPI is a recording industry group that counts Sony (SNE) Music Entertainment and Vivendi's (VIVHY) Universal Music Group among its members. Reference Link
05:54 EDTSNESony creates unit built for local language production, Financial Times says
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April 13, 2015
08:42 EDTSNEPandora rises after Spotify reportedly valued above $8B in fundraising
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April 12, 2015
18:11 EDTSNEEx-hacker says many capable of launching Sony-style cyber attack, CNET says
Ninety percent of companies are vulnerable to a Sony (SNE)-like cyber attack security experts tell "60 Minutes," CNET says. Companies in the cyber security space include Barracuda (CUDA), FireEye (FEYE), Check Point (CHKP), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Qualys (QLYS), Symantec (SYMC) and Proofpoint (PFPT). Reference Link
April 7, 2015
07:28 EDTSNESony increases production capacity for stacked CMOS image sensors
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April 5, 2015
17:35 EDTSNESony acquiring 'important parts of OnLive'
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