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Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:12 EDTSNE, MSFT, ATVI, EA, TTWO, GMESony console sales pass Microsoft for fourth straight month, Bloomberg says
Sony's (SNE) PlayStation 4 surpassed Microsoft's (MSFT)ís Xbox One in April to rank first in U.S. console sales, prolonging its lead for a fourth consecutive month, according to Bloomberg, citing data from NPD Group. Hardware sales in April increased 76% to $192.8M from last year, while software excluding titles for PCs decreased 10% to $227.9M. Companies who provide games for both consoles include Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two (TTWO), while GameStop (GME) is a game and console retailer. Reference Link
News For SNE;MSFT;ATVI;EA;TTWO;GME From The Last 14 Days
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October 9, 2014
06:42 EDTMSFTMicrosoft CEO admits 'mistakes' with Windows 8, Business Insider reports
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06:41 EDTMSFTMicrosoft initiated with a Market Perform at BMO Capital
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06:31 EDTMSFT, SNEFiling 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 EDTSNEIDC: 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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06:24 EDTMSFTMicrosoft rumored to cancel Surface tablet business, DigiTimes reports
Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for its Surface Pro 3 tablet, reports DigiTimes. According to sources from the upstream supply chain, the first and second generation Surface tablets are estimated to have created losses of about $1.7B. Reference Link
October 8, 2014
16:56 EDTMSFTGartner says worldwide PC shipments in Q3 declined 0.5%
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06:13 EDTSNE, MSFTNon-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
12:50 EDTMSFTSamsung aiming for arbitration versus Microsoft, Bloomberg says
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12:45 EDTMSFTMicrosoft near deal to buy text analysis start-up for about $200M, WSJ says
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12:45 EDTMSFTMicrosoft to hold cloud event on October 20
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10:52 EDTMSFTNokia suspends handset production at Chennai facility, Reuters reports
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08:04 EDTSNEAVG Technologies, Sony Mobile announce mobile security partnership
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07:48 EDTMSFTU.S. Chamber of Commerce to hold a discussion
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07:00 EDTMSFTReport says 100K Xbox Ones sold throughout China, Kotaku says
A report from Chinese video games news website 17173 said that Shanghai Media Group vice-president Zhang Dazhong accidentally noted that over 100K Microsoft Xbox One consoles sold throughout China during the first week they were launched, according to Kotaku, citing the report from 17173. Reference Link
06:41 EDTSNESony's internet TV service could cost up to $80 per month, NY Post reports
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October 6, 2014
13:17 EDTATVIWorlds Inc. announces Activision patent infringement Markman Hearing completed
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09:32 EDTGMEGameStop unit acquires 53 store locations
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06:41 EDTSNE'Gone Girl' leads weekend box office with $38M in sales, WSJ reports
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06:21 EDTMSFTMicrosoft 2015 solution may not help suppress Chromebook growth, DigiTimes says
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