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Stock Market & Financial Investment News

News Breaks
January 6, 2014
07:21 EDTNVDA, TM, SSNLF, QCOM, VLKAY, INTC, GMSamsung eyes automotive navigation and entertainment systems, Bloomberg reports
Samsung (SSNLF), which sells almost one of every three smartphones, wants to parlay that technology into automotive navigation and entertainment systems for an industry that makes more than 80M vehicles a year (GM, VLKAY, TM, INTC, QCOM, NVDA), reports Bloomberg.Reference Link
News For SSNLF;GM;VLKAY;TM;INTC;QCOM;NVDA From The Last 14 Days
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May 18, 2015
06:26 EDTTM, GMStudy shows Toyota and Honda leads in best supplier relations, Reuters says
A new study revealed that Toyota (TM) and Honda (HMC) led automakers with U.S. plants in supplier relations, reports Reuters. According to the study led by Planning Perspectives President John Henke, Toyota led Honda while Ford (F) was a distant third and Nissan (NSANY) came in fourth. General Motors (GM) and Fiat Chrysler (FCAU) were last on the list. Reference Link
May 17, 2015
16:18 EDTTMJapanese carmakers delay Takata restructuring until post-recall, Reuters says
Japanese automakers including Honda (HMC), Nissan (NSANY), and Toyota (TM) are delaying pressure for a restructuring at Takata (TKTDY) until the company ships out a healthy supply of replacement parts, reports Reuters, citing Masaki Higurashi, deputy director of the Japanese trade ministry's auto division. "After all the replacement parts are supplied, the automakers have to decide whether to let Takata stay on as it is... I think the automakers are starting to think about that," added Higurashi. Reuters notes that Takata and the carmakers disagree on whether the most recent round of airbag recalls are necessary, and as a result have not reached an agreement on costs. Reference Link
May 15, 2015
17:33 EDTQCOMPoint72 Asset Management gives quarterly update on stakes
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16:51 EDTGMGreenlight Capital gives quarterly update on stakes
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16:28 EDTGMAppaloosa Management gives quarterly update on stakes
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10:55 EDTQCOMJANA Partners gives quarterly update on stakes
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08:16 EDTSSNLFSamsung not engaged in DRAM price war with Micron, says Jefferies
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06:21 EDTSSNLFTwo Samsung foundations name Jay Y. Lee as chairman, WSJ reports
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06:13 EDTINTCISS, Glass Lewis advise Intel investors to vote 'no' on eBay CEO, WSJ reports
ISS and Glass, Lewis & Co, two influential proxy advisory firms, are recommended Intel (INTC) investors vote against the reelection of eBay (EBAY) CEO John Donahoe to the company's board, The Wall Street Journal reports. Citing what it characterized as a poor attendance record, Glass Lewis commented "We view this as a failure by this director to fulfill a fundamental responsibility to represent shareholders at such meetings," while ISS said Donahoe "lacked a valid excuse" for attending less than 75% of the meetings held by the Intel board and committees he serves on in 2014. Intel's annual shareholders meeting is scheduled for May 21. Reference Link
May 14, 2015
14:58 EDTSSNLFSamsung to discontinue wallet service ahead of Pay launch, SamMobile says
Samsung will discontinue its Samsung Wallet service on June 30, reports SamMobile, citing company emails distributed to users of the service. The report notes that Samsung is planning to launch its Samsung Pay mobile payment technology later this year. Reference Link
11:43 EDTGMU.S. appeals court dismisses UAW retiree benefit suit, Reuters reports
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11:05 EDTQCOMQualcomm expands industry collaboration to grow Internet of Everything
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09:03 EDTGMGeneral Motors to invest $1B in Warren Technical Center campus
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May 13, 2015
18:24 EDTSSNLFSamsung paid $250M for LoopPay acquisition, Re/code says
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14:11 EDTTMToyota-Mazda partnership to focus on engineering over capital, Nikkei says
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08:11 EDTTM, GMGeneral Motors and Toyota implement Microchip's infotainment networking devices
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07:34 EDTQCOMEdX and Qualcomm collaborate to build next-generation mobile learning experience
EdX and Qualcomm Education, a subsidiary of Qualcomm, announced a collaboration to further develop edX's MOOC mobile capabilities and enhance its open source platform to benefit connected learners around the world. As part of the collaboration, Qualcomm Education will contribute engineering resources and will license elements of its SDK code, which edX will distribute to the Open edX community.
07:32 EDTINTCCLSA to hold a conference
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06:09 EDTTMToyota and Nissan recall 6.56M vehicles over Takata air bags, WSJ reports
Toyota (TM) and Nissan (NSANY) issued recalls for 6.56M vehicles worldwide over problems with Takata air bags, reports the Wall Street Journal. The companies cited new findings about the risk of moisture seeping inside the devices. The recalls come in addition to 25M vehicles already recalled due to the Takata air bags. Reference Link
05:57 EDTSSNLFSamsung favors Ultra HD TVs over OLED in 2015, DigiTimes reports
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