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Stock Market & Financial Investment News

News Breaks
October 17, 2012
06:30 EDTSSNLF, NOKSamsung, HTC to price WP8 models cheaper than Nokia, DigiTimes reports
Samsung (SSNLF) and HTC are expected to price WP8 models at cheaper rates to counter comparable models from Nokia (NOK), reports DigiTimes. According to industry sources, the two companies are expected to price its WP8 aggressively as it focuses on more Android-based models. Reference Link
News For SSNLF;NOK From The Last 14 Days
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October 30, 2014
05:14 EDTSSNLFSamsung reports Q3 net profit KRW 4.22T vs. KRW 8.24T last year
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October 29, 2014
06:07 EDTNOKNokia implied volatility of 29 at lower end of index mean range
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October 28, 2014
06:36 EDTSSNLFSamsung to roll out cheaper line of smartphones in China, WSJ reports
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06:27 EDTSSNLFReport: Samsung to exit LED lighting in overseas markets, DigiTimes says
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06:25 EDTSSNLFLenovo, Dell, Asustek eye Chromebook market, DigiTimes reports
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October 27, 2014
06:33 EDTSSNLFiPhone pre-orders in South Korea topping pre-orders for Galaxy Note 4, WSJ says
Pre-orders for Apple's (AAPL) iPhone 6 and iPhone 6 Plus in South Korea are reportedly far higher than orders for the new Samsung (SSNLF) Galaxy Note 4, the Wall Street Journal reports. Analysts believe total pre-sale figures for the new iPhones are around 100,000 units, more than the 30,000 units for the Galaxy Note 4. The iPhone launches in South Korea on October 31. Reference Link
October 24, 2014
10:34 EDTSSNLFSamsung confirms plans to exit LED lamps, Lighting says
Samsung (SSNLF) confirmed that it is exiting the global LED lamps business, according to industry site Lighting. The publication quotes the company as issuing the following statement: “We have decided to discontinue our LED lamp business in all markets, except Korea, so that we can focus more resources on our core business areas. We will remain active in the LED industry through our LED component business, and continue to provide high-quality products and services to our customers.” Philips’ (PHG) recent decision to split off its lighting division has been blamed, at least in part, on the commoditized nature of the consumer LED lamp market, Lighting added. Shares of Cree (CREE), whose products consist of both LED and traditional lighting systems, are up 1% in early trading following the news of Samsung's plans. Reference Link
07:50 EDTNOKNokia exec says social channels to be called Microsoft Lumia
Nokia's (NOK) senior vice president for phones at Microsoft (MSFT) Tuula Rytila said, "When we announced that the Nokia Devices & Services business would become part of Microsoft, we also shared that Lumia, our smartphone brand, would become part of the Microsoft (MSFT) family. Since then, we have naturally been making the change from Nokia to Microsoft in our websites, packaging and other consumer touch points. In the coming weeks and months, you’ll start seeing even more brand experience come to life across different channels as we transition from Nokia Lumia to Microsoft Lumia." The exec said that Microsoft will continue to sell its Nokia-branded entry-level category of phones. Reference Link
October 23, 2014
10:01 EDTSSNLFGeneral Dynamics receives DMCC contract from NSA
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09:04 EDTNOKOn The Fly: Pre-market Movers
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06:47 EDTNOKMicrosoft aims to ditch Nokia title from Lumia devices, Reuters says
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06:05 EDTNOKApple defeats GPNE civil patent suit, Re/code reports
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05:19 EDTNOKNokia reports Q3 Non-IFRS EPS EUR 0.09 vs. EUR 0.06 last year
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October 22, 2014
08:32 EDTSSNLFSamsung, Barnes & Noble introduce new large screen Galaxy Tab 4 NOOK
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06:39 EDTNOKMicrosoft Lumia to replace Nokia brand, The Verge reports
Microsoft plans to make Microsoft Lumia the new brand name that takes the place of Nokia for the software maker, reports The Verge. Nokia still exists as a separate company without its phones business, focusing on mapping and network infrastructure. Reference Link
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
07:31 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 LVMH’s 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
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