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July 1, 2014
09:13 EDTSPLS, ODP, SSNLFSamsung wireless SMART printers now available at Office Depot, Staples
Samsung (SSNLF) Electronics America announced availability of the company’s wireless SMART printer line in Office Depot (ODP), OfficeMax and Staples (SPLS) stores nationwide.
News For SSNLF;ODP;SPLS From The Last 14 Days
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September 29, 2015
05:11 EDTODPStocks with implied volatility above IV index mean; ODP P
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September 28, 2015
19:40 EDTSSNLFSamsung, TSMC confirmed as Apple SoC manufacturers, Apple Insider says
Samsung (SSNLF) and TSMC (TSM) have both been confirmed as Apple (AAPL) A9 system-on-chip manufacturers for the latest iPhone 6s and 6s Plus handsets, according to Apple Insider. Apple Insider also noted that the Samsung version of the chip is 10% smaller than the TSMC version. Reference Link
09:31 EDTSSNLFSamsung Pay debuts for MasterCard cardholders
Beginning today, Samsung Pay (SSNLF) is now available to MasterCard (MA) cardholders for everyday purchases. Samsung device owners can use their MasterCard credit, debit and select prepaid and small business cards from participating banks directly through Samsung Pay.
09:06 EDTSSNLFGlobal Payments announces full support for Samsung Pay in the U.S.
Global Payments Inc. (GPN) is pleased to offer its merchants in the United States the ability to accept Samsung Pay (SSNLF). As a Samsung Pay-qualified payment provider, Global Payments' suite of payment solutions is fully enabled for acceptance, allowing merchants to offer their customers the convenience of Samsung Pay.
07:28 EDTSSNLFSamsung to pay customers up to $120 for buying new Galaxy phone, Verge says
Samsung's (SSNLF) new promotion in the U.S. will pay the rest of a customer's monthly payments in 2015 towards a new Galaxy S6, S6 Edge, S6 Edge+, or Galaxy Note 5, the Verge reports. The promotion will result in $120 off the price of any of those phones if users buy one under a new carrier installment plan between now and October 9, the report says. AT&T (T) will sit the promotion out, the report says. Reference Link
05:29 EDTODPStocks with implied volatility above IV index mean; ODP P
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September 25, 2015
12:38 EDTSPLSOptions with increasing implied volatility
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10:26 EDTSSNLFBlackBerry posts quarterly loss, says turnaround continuing
BlackBerry (BBRY) shares are lower in morning trading after the company posted a second quarter loss that was steeper than analysts' expectations. BlackBerry is in the middle of a turnaround for its smartphone business and confirmed today that it plans to launch a new device that uses Google's (GOOG) Android operating system. EARNINGS: Excluding items, BlackBerry reported a loss per share for Q2 of (13c), below analysts' consensus estimates of (9c). Revenue for the quarter was $490M, reflecting a purchase accounting write down of deferred revenue associated with the acquisition of WatchDox. The revenue result may not compare with analysts' estimate of $611M. Looking ahead, BlackBerry said it is targeting "sustainable" non-GAAP profitability in the fourth quarter and sees "modest" sequential growth in total revenue for the rest of fiscal year 2016. The company sees a "slight" uptick in third quarter revenue compared to this quarter, and announced it will change its non-GAAP income statement presentation to be "consistent with the primary practice in the software industry." BlackBerry said it believes this is necessary due to its increased emphasis on software, as well as acquisitions of software companies with material recurring revenue streams. On the company's earnings conference call, John Chen, BlackBerry's chief executive officer, announced that the board approved an increase to the current buyback program by an additional 15M shares, bringing the total available for repurchase to 21M shares. The approval was based on expectations for continued free cash flow. Chen said that he believes the company has made "good progress" moving its software business from perpetual to subscription. Chen said he is "not satisfied" as far as overall revenue and profitability, particularly in its handset business, but said the company is focused on growing device volume profitably, generating recurring revenue from IP licensing and making its software business larger. WHAT'S NOTABLE: To help strengthen its device business, Chen confirmed BlackBerry will launch a new slider device powered by Google's Android operating system later this calendar year, to be called Priv. Chen also confirmed that the company will continue to develop and enhance the BlackBerry 10 operating system and confirmed plans to release platform updates focused on security and privacy enhancements. Chen said the company is working with Google to secure Android and is not using Samsung's (SSNLF) Knox. Chen said the company is not planning another BlackBerry 10 device this year and noted that if the plan of doing the Android type of implementation "works well," it could consider replacing BB10 or merging it into Android. PRICE ACTION: BlackBerry is down 2% to $6.89 in morning trading.
08:50 EDTSSNLFBlackBerry says working with Google on securing Android
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06:42 EDTODP, SPLSStaples issues statement regarding European Commission announcemeent
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05:55 EDTODP, SPLSEU opens investigation into Staples, Office Depot merger
The European Commission said it has opened an in-depth investigation under the EU Merger Regulation into the acquisition of Office Depot (ODP) by its competitor Staples (SPLS). The Commission "has concerns that the takeover could lead to price increases and less choice." It added, "Both Staples and Office Depot are active in the distribution of office products via a number of sales channels, including wholesale, retail, direct sales and national or international supply contracts. The Commission's preliminary investigation indicated potential competition concerns in the market for the supply of office products to business customers through international contracts in the European Economic Area, as well as in the market for the supply of office products to business customers through national contracts in the Netherlands and Sweden. The customers of office supplies include companies in the private sector and public administrations." The Commission now has 90 working days, until February 10, 2016, to take a final decision.
05:20 EDTODP, SPLSStocks with implied volatility above IV index mean; ODP SPLS
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September 24, 2015
20:04 EDTSSNLFFacebook virtual reality initiative picks up speed with $99 Samsung device
Thursday's Oculus Connect 2 event saw numerous announcements from Facebook (FB) virtual reality subsidiary Oculus VR, including content deals with major media players as well as a $99 VR headset developed in conjunction with Samsung (SSNLF). CONTENT OFFERINGS: The virtual reality firm will be partnering with Fox (FOX, FOXA) and Lionsgate (LGF) to bring more than 100 films to the Oculus Store at launch. Additionally, Netflix (NFLX), Amazon's (AMZN), TiVo (TIVO), and Hulu -- the joint venture of Disney (DIS), Fox, and Comcast's (CMCSA, CMCSK) NBCUniversal -- will be launching apps for the company's virtual reality products, bringing web TV and streaming content to early adopters of the new technology. MAINSTREAM DEVICE: Samsung joined with Oculus to reveal a new $99 "Gear VR" headset on Thursday. Standing in contrast to Oculus' own pricier devices, the Samsung headset will rely on the company's Galaxy line of smartphones to power its virtual reality experiences. Note that a major point of contention regarding the "blockbuster" potential -- or lack thereof -- of VR technology is whether consumers will be willing to pay upwards of $399 for the Oculus gadgets. Samsung's Gear VR tends more towards what Piper Jaffray analyst Gene Munster has called "medium immersion" devices, potentially allaying investor concern over adoption rates with its more attractive point of entry. PRICE ACTION: Facebook shares closed higher by 0.5% and continued to rise in after-hours trading, up another 0.2%.
15:39 EDTODP, SPLSOffice Depot, Staples advance after another merger deal clears hurdle
Office Depot (ODP) and Staples (SPLS), which are awaiting FTC approval to merge, spiked higher after a report that a Judge denied the FTC's request to temporarily halt the merger of two other unrelated companies. WHAT'S NEW: STERIS Corporation (STE) confirmed earlier reports that the U.S. District Court for the Northern District of Ohio has denied the Federal Trade Commission's request for a preliminary injunction to block STERIS's acquisition of Synergy Health. Office Depot and Staples, which announced plans to merge early last year, have been waiting for regulatory approval of their merger. According to a NY Post report from Tuesday, the proposed $11.3B merger of Staples and Office Depot may not happen due to a possible block from U.S. regulators. WHAT'S NOTABLE: The STERIS deal for Synergy Health, which was announced in October of 2014, was also closely scrutinized by the FTC. On May 29, STERIS and Synergy Health said they had been informed by the FTC that the FTC intends to seek to block their proposed combination. STERIS and Synergy said at the time that they will contest the FTC's attempted action, and that they welcome a full judicial review of the competitive effects of the combination. ANALYST TAKE: In a note out earlier in the week, Jefferies analyst Daniel Binder still expects the merger between Staples and Office Depot to win regulatory approval after the New York Post report that said Deborah Feinstein, the Federal Trade Commission Bureau of Competition head, is seeking to block the deal. Admitting he's in the minority, Binder said his work indicates that economic data for the deal "may not be damning," customer complaint activity is low and key industry player WB Mason is not in talks to be part of a solution for an FTC remedy requirement. The proposed merger could still get approved without a remedy requirement, the analyst told investors. He viewed the risk/reward on shares of Staples as favorable. If approved, enthusiasm around deal synergies could push the stock to $20, Binder wrote. If regulators deny the merger, the shares of Staples could trade between $11 and $12, the analyst added. PRICE ACTION: In late afternoon trading, shares of Office Depot are up 4% while Staples shares are higher by 2.4%.
15:06 EDTSPLS, ODPOffice Depot volatility up on uncertainty of FTC approval of merger with Staples
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14:56 EDTSPLS, ODPStaples volatility up on uncertainty of FTC approval of merger with Office Depot
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12:02 EDTSSNLFSTARZ PLAY now available on Samsung Smart TVs
Starz announced that STARZ PLAY, the authenticated online TV Everywhere service for STARZ premium subscribers, has launched on Samsung (SSNLF) Smart TVs. STARZ subscribers may now watch exclusive STARZ Original series including "Blunt Talk," "Survivor's Remorse," and "Power," among others, as well as hundreds of movies and first-run films on Samsung Smart TVs. Starting today, the STARZ PLAY App will be available in Samsung App store within the Smart Hub across select 2014 and 2015 Samsung Smart TVs.
11:21 EDTSSNLFJury says Pendrell patents not infringed on by Samsung, Google products
Pendrell announced earlier, that on September 23, a jury in the United States District Court for the Eastern District of Texas found that certain claims of five digital rights management patents asserted by Pendrell (PCO) subsidiary, ContentGuard Holdings, against Samsung Electronics (SSNLF) and Google (GOOG) are valid, but that Samsung products and Google products accused in the lawsuit do not infringe the asserted patents. ContentGuard is assessing the jury's findings and evaluating its options to challenge the verdict. ContentGuard's claims against Samsung and Google are part of a larger lawsuit filed by ContentGuard against several companies that have not paid for a license to use ContentGuard's patented digital rights management solutions, including Apple (AAPL), DirecTV, HTC, Huawei and Motorola Mobility. The jury verdict does not impact ContentGuard's August 2015 settlement and license agreement with (AMZN); nor does ContentGuard believe the jury verdict will impact or delay ContentGuard's upcoming November trial against Apple. Shares of Pendrell are down 35.34% in morning trading.
06:34 EDTSSNLFApple 'A10' processor may switch to six-cores, AppleInsider reports
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06:08 EDTSSNLFSamsung Pay has over $30M in accumulated transaction volume in first month
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