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Stock Market & Financial Investment News

News Breaks
March 10, 2014
11:12 EDTSNE, PCRFYSony, Panasonic announce 'Archrival Disc'
Sony Corporation (SNE) and Panasonic Corporation (PCRFY) announced that they have formulated "Archival Disc," a new standard for professional-use, next-generation optical discs, with the objective of expanding the market for long-term digital data storage. Both Sony and Panasonic aim to launch systems with a recording capacity of 300 GB per disc from summer 2015, onwards. In addition, both companies plan to leverage their respective technologies to further expand the recording capacity per disc to 500 GB and 1 TB.
News For SNE;PCRFY From The Last 14 Days
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August 30, 2015
17:13 EDTSNE'Compton' leads again as 'We Are Your Friends' stumbles at box office
Hip hop biopic "Straight Outta Compton" continued its domestic box office dominance while Christian drama "War Room" outpaced analyst estimates and electronic dance flick "We Are Your Friends" fizzled. U.S. WEEKEND LEADER: Comcast (CMCSA, CMCSK) subsidiary Universal's "Straight Outta Compton" grossed $13.2M domestically for the weekend of August 30, securing the top box office spot for a third consecutive week. In a record-breaking performance for musical biopics, the gangster rap film has earned $134.1M in the U.S. since opening earlier this month. Though Warner Bros.' (TWX) "We Are Your Friends" was predicted to challenge "Compton" with sales ranging $8M-$10M, the Zac Efron-led electronic music film flopped at just $1.8M. BOX OFFICE RUNNERS-UP: Produced with an estimated budget of $3M, Sony's (SNE) faith-based drama "War Room" debuted at $11M against expectations for $5M-$8.5M after leading in advance ticket sales. Viacom (VIA, VIAB) subsidiary Paramount's "Mission: Impossible Rogue Nation" relinquished its grip on second place with an $8.3M gross for the weekend, while Weinstein Company's action thriller "No Escape" opened in fourth place at $8.29M. "Sinister 2" from Comcast subsidiary Focus Features rounded out this weekend's Top 5 at $4.7M.
August 28, 2015
11:16 EDTSNEBattleground: Benchmark says sell GameStop, Piper says bears misguided
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10:43 EDTSNEFly Watch: 'Straight Outta Compton' expected to lead box office for third week
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07:43 EDTSNEGameStop bear thesis not playing out, says Piper Jaffray
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August 27, 2015
06:04 EDTPCRFYPanasonic to cut 1,300 jobs, stop making batteries in Beijing, Reuters reports
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August 21, 2015
06:01 EDTSNEABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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August 20, 2015
06:02 EDTPCRFYTop electric car makers largely choosing SDI, Panasonic for batteries, WSJ says
Large auto makers in the U.S., Europe and Asia are favoring Samsung's (SSNLF) SDI unit, Panasonic (PCRFY) and LG to supply advanced batteries for their electric cars following several years of failed technology bets among suppliers, The Wall Street Journal reports. According to Lux Research battery expert Cosmin Laslau, five years from now, "We are looking at Panasonic, LG and Samsung SDI making up about 80% of the market." Reference Link

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