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Stock Market & Financial Investment News

News Breaks
February 2, 2014
17:19 EDTSNE, LNVGYSony 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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October 17, 2014
06:26 EDTSNESony says PS4 September's top-selling console
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06:24 EDTLNVGYGlobal notebook shipments estimated at over 45M units, Digitimes Research says
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October 16, 2014
07:48 EDTSNESony must decide quickly what to do with smartphone strategy, Nikkei says
Sony's (SNE) "One Sony" strategy is built around providing contents to consumers and smartphones are one of three pillars it sees for growth, but the strategy is "on the brink of collapse" as the company falls behind Apple (AAPL) and Chinese rivals, according to the Nikkei Asian Review. Sony officials are debating whether smartphone operations in Asia should be downsized and whether cutting 1,000 jobs, or 15% of its mobile communications workforce, would be warranted, according to the report. Reference Link
06:23 EDTLNVGYLenovo puts in orders to supply chains for new tablet products, DigiTimes says
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October 15, 2014
12:58 EDTSNESony has 40% upside potential, Barron's reports
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09:19 EDTLNVGYLenovo to establish internet-focused smart device company in China next year
Lenovo Group is announcing that it will create a new company focused on building a leading internet-based smart devices and services business in China. The company will become operational on April 1, 2015. It will operate under a separate name and brand. The objective of this move is to help Lenovo attack the fast growing consumer mobile device market in China, with a focus not only on devices, but also on software and application development and close customer engagement. Currently Lenovo has a leading smartphone business, which sells mainly through open market sales and carrier relationships. While Lenovo has and continues to strengthen its own company-branded online channels as part of its go-to-market strategy, the new company will exclusively focus on direct-to-consumer sales, marketing and product development using an internet-based business model. Effective April 1, Chen Xudong, currently president of Lenovo’s China geography and Asia Pacific – Emerging Markets, will become CEO of this new company. Tong Fuyao, currently vice president of China’s relationship business will become head of Lenovo’s China business.
07:16 EDTLNVGYLenovo CSO 'confident' in Motorola Mobility deal finalization, Bloomberg says
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06:32 EDTLNVGYTablet supply chains expect lagging orders in Q4, DigiTimes reports
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October 13, 2014
07:22 EDTSNESony/ATV could ditch licensing firms due to streaming dollars, NY Post reports
Sony/ATV Music Publishing (SNE) is considering no longer dealing with performance rights groups BMI and ASCP, and instead negotiating directly with online music services like Pandora (P), YouTube (GOOG) and Spotify due to outdated rules and low royalties, the New York Post reports. Reference Link
October 10, 2014
07:04 EDTSNEAmazon in talks to join digital locker for movies. WSJ reports
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October 9, 2014
09:01 EDTSNESony moves step further toward sale of PS4 in China, WSJ says
Sony (SNE), which seeks to join Microsoft (MSFT) in selling video game consoles in China, may see a partner company start packaging its consoles in the nation in December, said The Wall Street Journal, citing a filing posted by a Sony local partner on the official website of Shanghai’s free-trade zone. A Sony spokesperson said the facility's ability to package 200,000 consoles a year, which was communicated in the filing, does not represent an actual business plan and declined to comment further on Sony’s plans. Reference Link
08:53 EDTSNEAbout 1,000 workers went on strike for several hours at Foxconn plant, WSJ says
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06:55 EDTLNVGYAnalyst says PC company likely to get much of HP debt, Re/code reports
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06:31 EDTSNEFiling says Sony to begin console packaging in China, Bloomberg says
A filing on the website of the China Pilot Free Trade Zone said that Sony (SNE) is aiming to begin packaging over 200K new video game consoles starting in December in China, according to Bloomberg, citing the filing which was verified as authentic by a spokesman for Sony Computer Entertainment. The company is looking to accumulate sales in the country as the end of a 14-year ban on the devices approaches. Microsoft (MSFT) already began selling Xbox Ones in China. Reference Link
06:29 EDTLNVGY, SNEIDC: Worldwide PC shipments down 1.7% in Q3, DigiTimes reports
Worldwide PC shipments are down 1.7% with 78.5M units shipped in Q3, reports DigiTimes, citing the IDC. Shipments in the US grew 4.3% to 17.3M, with growth centered from strong momentum in te portables category. Reference Link
06:26 EDTSNEMIC: Taiwan smartphone shipments surpasses 5.4M in Q3, DigiTimes says
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October 8, 2014
16:56 EDTLNVGYGartner says worldwide PC shipments in Q3 declined 0.5%
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06:13 EDTSNE, LNVGYNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
October 7, 2014
08:04 EDTSNEAVG Technologies, Sony Mobile announce mobile security partnership
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06:41 EDTSNESony's internet TV service could cost up to $80 per month, NY Post reports
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