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Stock Market & Financial Investment News

News Breaks
July 1, 2014
09:13 EDTSSNLF, ODP, SPLSSamsung 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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August 20, 2014
06:03 EDTSPLSStaples secured $150M of annualized cost savings in year-to-date
The savings is part of a two year plan to eliminate at least $500M of annualized costs. The company closed 80 stores in North America during Q2 and expects to close approximately 140 store sin North America during 2014.
06:01 EDTSPLSStaples reports Q2 non-GAAP EPS 12c, consensus 11c
Reports Q2 revenue $5.22B, consensus $5.16B
August 19, 2014
15:48 EDTSSNLFCNET to hold a live blog
CNET holds a live blog of the unveiling of Samsung and Barnes & Noble's Nook tablet in New York on August 20 at 9:30 am. Webcast Link
15:16 EDTSPLSNotable companies reporting before tomorrow's open
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15:06 EDTSPLSStaples technical comments before earnings
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15:01 EDTSPLSStaples September volatility flat into Q2 and guidance
Staples September call option implied volatility is at 32, December is at 30; compared to its 26-week average of 32 according to Track Data, suggesting non-directional price movement into the expected release of Q2 results on August 20.
06:22 EDTSSNLFSamsung acquires Quietside to boost 'smart home' business, Reuters says
Samsung announced that it purchased air conditioner firm Quietside in an effort to boost its "smart home" division, according to Reuters, citing a statement from the company. Samsung said, "Because air conditioning products are a necessity in all buildings, including homes and offices, this acquisition is expected to be of help to our future smart home business." Reference Link
August 18, 2014
09:28 EDTSPLSCleveland Research remains concerned on Staples
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09:16 EDTSSNLFSamsung mulls manufacturing smartphones in Jakarta, WSJ says
Samsung is contemplating whether or not to manufacture smartphones at its Jakarta, Indonesia facility, according to The Wall Street Journal, citing comments from a company spokeswoman in an e-mailed statement. Reference Link
06:03 EDTSSNLFAUO continues to see curved TV orders from Sony and Samsung, DigiTimes says
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August 15, 2014
10:09 EDTSSNLFSony expected to debut Smartwatch 3 next month, GigaOM reports
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06:02 EDTSSNLFSamsung acquires home automation startup SmartThings, terms not disclosed
SmartThings announced on its blog that it has been acquired by Samsung and will operate as an independent company within Samsung’s Open Innovation Center group. "It has always been our goal to create a totally open smart home platform that brings together third-party developers, device makers, and consumers. We’re thrilled that Samsung fully supports this vision.We will continue to run SmartThings the way we always have: by embracing our community of customers, developers, and device makers and championing the creation of the leading open platform for the smart home. Our growing team will remain fully intact and will relocate to a new headquarters in Palo Alto, CA. In short: SmartThings will remain SmartThings." Reference Link
August 14, 2014
06:19 EDTSSNLFLenovo sees opportunities outside of China for smartphone business, WSJ reports
Lenovo CEO Yang Yuanqing tells the Wall Street Journal that although that China is still the most important market for its smartphone business, the company sees additional opportunities outside China. Reference Link
August 13, 2014
06:16 EDTSSNLFIC vendors seeking wafer production at houses other than TSMC, DigiTimes says
More fabless IC vendors are seeking wafer production capacity at foundry houses other than TSMC (TSM) such as Samsung (SSNLF), Globalfoundries, United Microelectronics (UMC) and Semiconductor Manufacturing (SMI), reports DigiTimes. According to industry sources, the move to seek wafer production at other foundry houses is due to extremely tight productoin at TSMC where 8- and 12-inch wafers are currently fully booked. Reference Link
August 12, 2014
11:10 EDTODPHigh option volume stocks
High option volume stocks: ACM KATE ARO TKMR ODP ICPT GPI FENG LINTA NDLS
06:44 EDTSSNLFAU Optronics facing tough battle in UHD TV panel market, DigiTimes says
AU Optronics and Innolux are facing an uphill battle in the UHD TV panel market as it tries to increase its global share, reports DigiTimes. According to sources with supply chain makers, their production capacities are fully occupied and it is difficult to increase output. In addition, the companies are seeing growing support from TV vendors for Samsung Display (SSNLF) and LG Display (LPL). Reference Link
August 8, 2014
07:06 EDTSSNLFSamsung, Barnes & Noble holding press event on August 20, Business Insider says
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August 7, 2014
07:23 EDTSSNLFSamsung pushed to revamp itself as smartphone sales falter, Reuters says
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August 6, 2014
13:33 EDTSSNLFSamsung may unveil new wearable at September 3 event, Business Insider says
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06:09 EDTSSNLFApple, Samsung to drop all litigation outside U.S., Re/code reports
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