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Stock Market & Financial Investment News

News Breaks
May 22, 2014
12:08 EDTSSNLF, SNE, FBSamsung developing viritual reality headset for phones, tablets, Engadget says
Samsung (SSNLF) is planning to make a virtual reality headset for its phones and tablets, reports Engadget. According to sources close to the company, the virtual reality headset could be announced as early as this year. The urgency could be in response to Facebook's (FB) Oculus Rift and Sony's (SNE) Project Mropheus hitting the market. Reference Link
News For SSNLF;FB;SNE From The Last 14 Days
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January 21, 2015
09:46 EDTSSNLFSamsung unlikely to switch from Qualcomm in all Galaxy S6, says Cowen
Cowen doubts that Samsung (SSNLF) is ready to switch away from Qualcomm (QCOM) components to a whole new chip system for its Galaxy S6 phone, as implied by a Bloomberg report, and believes instead that the phone maker will launch the Galaxy S6 in Korea with its own chips and slightly delay the phone elsewhere while Qualcomm works through its issues. The firm, which also thinks Qualcomm has already solved the reported heating problem with the Snapdragon 810, maintains its Outperform rating and $79 price target on Qualcomm.
08:13 EDTSSNLFQualcomm slides after reportedly being dropped from Galaxy phone
Samsung Electronics (SSNLF), which is trying to become more self-sufficient and give a boost to its own processor-making unit, will reportedly drop Qualcomm’s (QCOM) Snapdragon chip in favor of its own microprocessors in the next Galaxy S smartphone, according to a report from Bloomberg that cited people with direct knowledge of the matter. Shares of Qualcomm are down 2.7% to $70.50 in pre-market trading following the Bloomberg report.
06:36 EDTSNESony's 'The Interview' nets $40M in online and TV sales, Re/code says
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06:35 EDTSNESony planning to reduce headcount in Japan by 1,500, Variety reports
According to media reports in Japan, Variety reports that Sony is planning to reduce its headcount in various divisions in Japan by about 1,500 by the end of FY14 through early retirement programs. The process, which began last August, involved Sony's corporate planning and finance departments, but has now been expanded to include corporate headquarters staff. Reference Link
05:53 EDTSSNLFSamsung drops Qualcomm chip from next Galaxy smartphone, Bloomberg reports
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05:53 EDTSSNLFTrendForce: Global smartphone shipments grew 26% in 2014, DigiTimes reports
Global smartphone shipments grew about 25.9% to 1.17B units, reports DigiTimes, according to TrendForce. Samsuing amanged to retain to the number one position, although its global market share dropped to 28% from 32.5% while Apple shipments grew to 24.5% market share compared to 16.6% last year. Reference Link
January 20, 2015
18:38 EDTSNESony probed Indian operations for corruption, Bloomberg reports
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13:56 EDTSSNLFSamsung reports 3.4% passive stake in SunEdison
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06:57 EDTFBFacebook to upgrade Messenger app, experiment with revenue generation, WSJ says
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06:27 EDTSSNLFSamsung considering stock split, WSJ says
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06:02 EDTFBFacebook acquires boutique firm Teehan+Lax, terms not disclosed
Toronto-based boutique firm Teehan+Lax announced in a blog post on Friday that the company will join Facebook's design team in California. T+L said "In a few weeks we will be moving to the San Francisco Bay Area. This will mean saying goodbye to family, friends, Toronto, and Teehan+Lax." Terms of the deal have not been disclosed. Reference Link
January 19, 2015
07:45 EDTSSNLFSamsung wants BlackBerry partnership, not takeover, WSJ reports
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January 18, 2015
17:09 EDTSSNLFSamsung shares could rise 30%, Barron's says
Samsung shares could rise 30% and investors who can acquire shares could be rewarded, Barron's argues in a follow up article. Reference Link
16:34 EDTFBFacebook job listings hint at push into virtual reality, Reuters says
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January 16, 2015
12:26 EDTSSNLFBlackBerry CFO again denies rumor, but Oppenheimer says company may be in play
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09:47 EDTSNEPolice arrest U.K. man in connection with Sony, Microsoft hack, Bloomberg says
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06:27 EDTSSNLFSamsung names Lee Don-tae as global design team leader, Korea Joongang says
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06:12 EDTSSNLFSamsung, Globalfoundries secures majority of A9 orders, DigiTimes reports
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06:10 EDTSSNLFGlobal notebook shipments to reach 46M units in Q4, DigiTimes Research says
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06:08 EDTSNESony may look to sell handset business, DigiTimes reports
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