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News Breaks
January 23, 2014
07:26 EDTSNE, ILMNSony, Illumina announce genome information platform joint venture
Sony Corporation (SNE) announced that Sony, M3, Inc. and Illumina (ILMN) have agreed to form a collaboration to launch a "genome information platform" in Japan. Sony and M3 will establish a new company with Illumina as a minority investor, by the end of February. The new company's "genome information platform" business will provide a genome analysis service for research institutions and enterprises in Japan. It will also aggregate genome data with related information such as medical data to support research in areas where genome data is applied. Going forward, the scope of its business is expected to extend beyond medical research, to provide a service platform that supports the use of genetic data and medical information for personalized medicine and healthcare services for individual patients.
News For SNE;ILMN From The Last 14 Days
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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 9, 2014
08:58 EDTILMNIllumina not targeted by new Chinese regulations, says Janney Capital
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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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07:30 EDTILMNIllumina weakness creates buying opportunity, says Wells Fargo
Wells Fargo believes that the recent decline in Illumina's stock is mostly related to its correlation with biotech indices, and the firm sees this correlation as "a technical rather than a fundamental phenomenon." The firm believes that demand for the company's HiSeq, MiSeq, and HiSeq X instruments are strong, and it now identifies the stock as its top pick in the tools space. It increased its price target on the shares to $170-175 from $155-$160.
April 4, 2014
06:24 EDTSNEElectronic Arts hires Sony developer Amy Hennig
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April 2, 2014
10:00 EDTILMNOn The Fly: Analyst Upgrade Summary
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09:01 EDTILMNLeerink's life science tools analyst holds an analyst/industry conference call
Life Science Tools Analyst Leonard discusses the use of nextgen sequencing in a clinical context, early applications and uptake, the merits, demerits of various nextgen sequencing instruments and where new offerings fit on an Analyst/Industry conference call. Relevant companies ILMN, TMO, PACB, FLDM, MYGN, NSTG, GNMK, CPHD, LMNX and QGEN may be discussed on the Analyst/Industry conference call to be held on April 3 at 2 pm.
08:46 EDTILMNIllumina upgraded at Macquarie
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08:42 EDTILMNIllumina upgraded to Outperform from Neutral at Macquarie
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