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Stock Market & Financial Investment News

News Breaks
February 2, 2014
17:19 EDTLNVGY, SNESony considers PC alliance with Lenovo, NHK says
Sony (SNE) is weighing the idea of forming a business alliance with the Lenovo (LNVGY) to rebuild Vaio, its personal computer business, says NHK. Reference Link
News For SNE;LNVGY From The Last 14 Days
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April 23, 2014
13:23 EDTSNESony to diversify into real estate, Nikkei reports
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April 22, 2014
10:37 EDTSNETime Warner says Joseph Ripp will become chairman of Time Inc
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April 21, 2014
07:26 EDTSNEPandora sued in NY over older songs, NY Times reports
Sony (SNE), Universal Music (VIVHY) and Warner Music, along with an independent label, filed a lawsuit in New York that accuses Pandora (P) of violating the state’s common-law copyright protections by using recordings of songs made before Feb. 15, 1972, without permission, reported The New York Times on Thursday. Reference Link
07:16 EDTSNEElectronic Arts' Titanfall leads March game software sales, Joystiq reports
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April 17, 2014
16:08 EDTLNVGYUnwired Planet closes Lenovo patent license and purchase transaction
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06:08 EDTSNESony says PlayStation 4 sales surpass 7M units worldwide
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April 16, 2014
12:30 EDTLNVGYEarnings Preview: Cantor more upbeat than Citi on IBM ahead of report
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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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06:09 EDTLNVGYLenovo sees 200% increase in PC sales to small, medium businesses, DigiTimes say
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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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06:49 EDTLNVGYMotorola Mobility names Osterloh COO
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06:23 EDTLNVGYIDC says worldwide PC shipments totaled 73.4M units in Q1, down 4.4% y/y
Worldwide PC shipments totaled 73.4 million units in 1Q14, a decline of -4.4% year on year, according to the International Data Corporation Worldwide Quarterly PC Tracker. Although still in decline and with continuing weakness in consumer and emerging market segments, the preliminary results are slightly better than a projected decline of -5.3%. The U.S. market continued to stabilize with growth near zero – in line with forecasts. With shipments totaling 14.3 million PCs in 1Q14, the U.S. market contracted by -0.6% from the same quarter a year ago. Desktop shipments were slightly stronger, posting 3.5% growth, while portables remained in negative territory. Lenovo (LNVGY) preserved its lead in total worldwide PC shipments despite a seasonal drop due to the Chinese New Year. Growth in other regions continued at a solid pace although Latin America slowed after a dramatic expansion over the past year. HP (HPQ) remained in the number 2 position, with growth rising nicely to nearly 5% year on year. Dell grew over 9% in the first quarter.
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