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Stock Market & Financial Investment News

News For SSNLF;MU From The Last 14 Days
Check below for free stories on SSNLF;MU the last two weeks.
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May 10, 2013
10:00 EDTMUOn The Fly: Analyst Downgrade Summary
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08:03 EDTSSNLFLenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports
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07:47 EDTMUMicron downgraded at JMP Securities
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07:03 EDTMUMicron downgraded to Market Perform from Outperform at JMP Securities
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May 9, 2013
06:10 EDTMU, SSNLFDRAM shortages expected to impact PC players in Q2, DigiTimes says
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05:50 EDTSSNLFSamsung using its own parts to cut costs, WSJ reports
Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link
May 8, 2013
07:10 EDTSSNLFSamsung faced with hugh cash pile, WSJ reports
Samsung (SSNLF) now faces a new, enviable Apple-like (AAPL) challenge: a mammoth pile of unspent, accumulated cash. The company said its cash and cash equivalents grew to nearly $40B at the end of March. After stripping out debt, their net cash position is $28.5B, reports the Wall Street Journal.Reference Link
06:15 EDTSSNLFApple wants Google documents in Samsung suit, Bloomberg reports
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06:05 EDTSSNLFOn the Fly: Periodicals Wrap-Up
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May 7, 2013
11:39 EDTSSNLFSamsung to open mini-shops in 1,400 Best Buy stores, LA Times reports
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08:28 EDTSSNLFNokia to continue using Windows Phone software, Reuters reports
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08:05 EDTSSNLF, MUStable capactiy, rising demand to drive up memory prices, FT says
After years of price competition and industry consolidation, analysts do not expect any new memory chip capacity to be introduced this year, which coupled with rising demand driven by smartphone growth is set to feed through into prices, Financial Times said. Samsung Electronics (SSNLF), SK Hynix and Micron (MU) now hold more than 90% of the D-Ram market and almost 100% of the Nand market is divided between those three and Intel (INTC), Toshiba (TOSBF) and SanDisk (SNDK), the report noted, citing analysts at Bernstein. Reference Link
06:30 EDTSSNLFSamsung to begin selling OLD TVs in Korea in June, DigiTimes reports
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06:26 EDTSSNLFSamsung acquires connected TVs gaming startup MOVL, TechCrunch reports
Samsung (SSNLF) has acquired MOVL, the maker of the Kontrol.tv API platform, which lets developers create apps to connect TVs via the cloud, a MOVL representative confirms to TechCrunch. Terms of the deal have not been disclosed. Reference Link
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