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Stock Market & Financial Investment News

News Breaks
October 4, 2012
07:08 EDTSSNLF, CSRESamsung reports strategic partnership with CSR approved
Samsung Electronics (SSNLF) and CSR plc (CSRE) announced that, further to the receipt of all necessary shareholder and regulatory approvals, their strategic partnership agreement announced on July 17 is effective from today. Under the terms of the agreement, over 300 CSR employees will join Samsung which include a number of senior managers and engineers from Europe, U.S.A. and India, who will focus on the development of advanced connectivity, and location products and technologies. Samsung receives perpetual rights to CSRs intellectual property and gains full access to CSRs mobile connectivity and location technology. The transfer of the operations and technology from CSR is for a consideration of $310M in cash.
News For SSNLF;CSRE From The Last 14 Days
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October 23, 2014
10:01 EDTSSNLFGeneral Dynamics receives DMCC contract from NSA
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October 22, 2014
08:32 EDTSSNLFSamsung, Barnes & Noble introduce new large screen Galaxy Tab 4 NOOK
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06:25 EDTSSNLFSamsung, TSMC Solid State Lighting to quit LED lighting business, DigiTimes says
Samsung (SSNLF) will plan to withdraw from the global LED lighting market while TSMC (TSM) Solid State Lighting will cease operations, reports DigiTimes, citing industry sources. Samsung will withdraw due to low price pressure from China-based makers. TSMC Solid State Lighting will reportedly quit operations and sell production equipment to LED maker Advanced Optoelectronic Technology. Reference Link
October 21, 2014
12:36 EDTSSNLFNXP Semiconductors loses Samsung Galaxy phone NFC business, NFC Times says
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October 20, 2014
05:50 EDTSSNLFSamsung partners with Teletrac to expand fleet management offerings for Android
Teletrac announced it is partnering with Samsung Electronics America to expand its fleet management offerings to the Android platform on Samsung's Galaxy Tab devices.
October 17, 2014
07:39 EDTCSRECSR upgraded to Equal Weight from Underweight at Barclays
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07:31 EDTSSNLFSamsung first to market with new multilayer NAND technology, Nikkei says
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06:13 EDTSSNLFLVMH could pair with a tech company to launch smartwatch, WSJ reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMHs watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link
October 15, 2014
06:43 EDTSSNLFFacebook, Samsung could collaborate to develop mobile content, Korea Times says
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06:34 EDTSSNLFIHS: Apple, Samsung set to drive fingerprint sensor market, DigiTimes says
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06:32 EDTSSNLFTablet supply chains expect lagging orders in Q4, DigiTimes reports
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05:58 EDTCSRECSR calls Qualcomm takeover offer 'very attractive outcome'
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05:35 EDTCSREQualcomm to acquire CSR for GBP 9.00 per share
Qualcomm (QCOM) announced that it has reached agreement with CSR plc (CSRE) regarding the terms of a recommended cash acquisition through which the entire issued and to be issued ordinary share capital of CSR will be acquired by Qualcomm Global Trading Pte. Ltd, an indirect wholly owned subsidiary of Qualcomm Incorporated. The acquisition complements Qualcomm's current offerings by adding products, channels, and customers in the important growth categories of Internet of Everything, or IoE, and automotive infotainment, accelerating Qualcomm's presence and path to leadership. This opportunity is aligned with Qualcomm's established strategic priorities in these rapidly growing business areas. At GBP 9.00 per share, the acquisition of the entire issued and to be issued ordinary share capital of CSR is valued at approximately $2.5B. This cash offer has been unanimously recommended by the CSR board. The acquisition is subject to a number of conditions as set forth in the announcement released today in accordance with Rule 2.7 of the UK Takeover Code, including the receipt of U.S. and other regulatory approvals and the approval of CSR's shareholders. Subject to the satisfaction of the conditions, the transaction is expected to close by the end of the summer of 2015. Qualcomm expects the acquisition to be accretive to Non-GAAP EPS in FY16, the first full year of combined operations.
October 12, 2014
17:04 EDTSSNLFSamsung could climb 50%, Barron's says
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14:32 EDTSSNLFSamsung creates faster Wi-Fi technology, Bloomberg says
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October 10, 2014
06:52 EDTSSNLFGoogle allowed to face Rockstar in California court, Reuters says
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