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Stock Market & Financial Investment News

News Breaks
July 8, 2014
06:09 EDTSSNLF, SNDK, MUDRAM and NAND flash chip supplies to fall short of demand in 2H14, DigiTimes say
Supplies of DRAM and NAND flash chips are expected to fall short of demand in 2H14, reports DigiTimes. According to industry sources, this will push up spot and contract prices of related memory chips for the rest of the year. The reduced supplies and unstable yield rates resulted from DRAM chipmakers' efforts to migrate to 20nm processes. Reference Link
News For SSNLF;MU;SNDK From The Last 14 Days
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May 15, 2015
16:28 EDTMUAppaloosa Management gives quarterly update on stakes
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16:01 EDTMUOptions Update; May 15, 2015
iPath S&P 500 VIX Short-Term Futures down 20c to 20.06 Option volume leaders: AAPL BAC FB NFLX TWTR BABA CSCO TSLA MU GILD T MSFT AMZN MCD
10:40 EDTMUStocks with call strike movement; MU AMAT
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08:44 EDTMUMicron estimates lowered on weaker pricing at Nomura
Nomura lowered Micron estimates due to on-going softness in pricing due to the persistent weak PC backdrop. The firm lowered its August quarter earnings estimate to 61c from 75c, 2015 earnings estimate to $2.83 from $3.33, and 2016 to $3.33 from $3.75. Shares are Neutral rated with a $25 price target, down from $28.
08:16 EDTMU, SSNLFSamsung 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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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
May 13, 2015
18:24 EDTSSNLFSamsung paid $250M for LoopPay acquisition, Re/code says
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10:08 EDTSNDKRumor: SanDisk strength attributed to renewed takeover speculation
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05:57 EDTSSNLFSamsung favors Ultra HD TVs over OLED in 2015, DigiTimes reports
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May 12, 2015
17:33 EDTSSNLFIndian PM to urge Samsung to build Indian factories, Economic Times says
Indian Prime Minister Narendra Modi will meet with LG and Samsung next week and plans to urge the companies to establish factories in India, reports The Economic Times, citing statements by minister for communication and IT Ravi Prasad, who added that "we expect something concrete now." Reference Link
16:55 EDTSSNLFSamsung announces Internet of Things platform
Samsung Electronics announced the Samsung ARTIK platform to allow "faster, simpler" development of applications for the Internet of Things. ARTIK is an open platform that includes a family of integrated production-ready modules, software, development boards, drivers, tools, security features and cloud connectivity designed to help accelerate development of a new generation of IoT devices, solutions and services.
15:50 EDTSSNLFSamsung releases next-gen smart watch details to developers, SamMobile says
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14:07 EDTMUFollow-up: Micron downgraded to Hold at Drexel Hamilton
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13:36 EDTMUMicron downgraded to Hold from Buy at Drexel Hamilton
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09:18 EDTSSNLFSamsung begins assembly smartphones at Indonesia factory, WSJ reports
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07:51 EDTMUDeutsche Bank to hold a conference
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06:58 EDTSSNLFApple examines new nano material touch panels, ETNews reports
Apple (AAPL) is planning to example nano new material on touch panels, reports ETNews. The company expects the new technology to raise sense of touch and decrease cost. According to unnamed sources, Apple requested AgnW touch-panel samples that is verified for mass-production from LG Display (LPL), Samsung Display (SSNLF), Japan Display and other suppliers. Reference Link
May 11, 2015
16:00 EDTMUOptions Update; May 11, 2015
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09:56 EDTSSNLFIDC: Apple leads smartphone vendors in China during Q1
IDCís latest Mobile Phone Tracker shows the China smartphone market contracted by 4% year-on-year with 98.8M units shipped in the first quarter of 2015. This is the first time in six years that the China smartphone market declined YoY as the market continues to mature. On a QoQ basis, the market contracted 8% on the back of a large inventory buildup at the end of last year. The study said Apple (AAPL) was the top smartphone vendor in China in the first quarter, with consumers still having a strong appetite for the larger screens on the iPhone 6 and iPhone 6 Plus. Xiaomi slipped to the second position as it faced strong competition from other vendors in the low to mid-range segment of the market, while Huawei maintained third position as it saw a good uptake in the mid-range segment. Samsung (SSNLF) and Lenovo (LNVGY) both led the market at least once last year, but rankings have since changed quickly, highlighting the volatility of consumers' brand preference in China. Reference Link
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