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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:11 EDTLNVGY, QCOM, SSNLF, SNESamsung, HiSilicon to sell more handset solutions to vendors, DigiTimes says
Samsung and HiSilicon Technologies have accelerated the developments of their handset solutions to other vendors outside the companies, reports DigiTimes. According to industry sources, handset vendors like Sony (SNE) Mobile, LG Electronics, Lenovo (LNVGY), and HTC will not rule out the possibility of purchasing chips from Samsung and HiSilicon for product differentiation even though they purchase most of their solutions from Qualcomm (QCOM) and MediaTek. Reference Link
News For SSNLF;SNE;LNVGY;QCOM From The Last 14 Days
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August 15, 2014
09:39 EDTSNENPD: Sony's PS4 beats out Xbox One in July, BGR 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
17:27 EDTQCOMAppaloosa gives quarterly update on stakes
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14:13 EDTQCOMOmega Advisors gives quarterly update on stakes
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13:25 EDTSNESony enters into car sensor industry, Nikkei says
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09:55 EDTQCOMQualcomm discloses 4.1M share stake in Globalstar
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08:12 EDTSNESony Pictures Entertainment, T3Media announce partnership
T3Media announced an expanded agreement with Sony Pictures Entertainment, a unit of Sony, to allow T3Media to manage the licensing and distribution of the entire SPE stock footage archive. In addition, T3Media will expand its technology services offering to include enhanced automated metadata creation, additional storage capacity, digital distribution, and use of T3Media's industry leading temporal metadata toolsets. Starting in September, more than 140K clips SPE's stock footage archive will be available for the production community to license via T3Licensing.com. With a direct sales team and a global network of sub distributors, T3Media is ideally positioned to provide access and value for the SPE stock footage archive.
06:19 EDTSSNLF, LNVGYLenovo 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
21:13 EDTLNVGYLenovo Group reports Q1 EPS $2.03 vs. $1.65 last year
Reports Q1 revenue $10.4B vs. $8.79B last year. Lenovo said it maintained its number three ranking in smart connected devices growing shipments by 28% year-over-year. It has been the world’s largest PC maker for five consecutive quarters with its highest-ever quarterly market share of 19.4% up 2.7 points year-over-year.
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
13:19 EDTSNESony says 10M PS4 consoles have been sold since launch, TechCrunch reports
Sony has sold 10M units of the PlayStation 4 consoles to consumers since its launch last year, TechCrunch reports, citing comments made by Sony Computer Entertainment Europe CEO Jim Ryan at Gamescom 2014. Reference Link
10:07 EDTQCOMCirrus Logic losing China OEM market share to Qualcomm, says Rosenblatt
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07:33 EDTQCOMQualcomm's subsidiary enters into collaboration to develop health solutions
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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
05:23 EDTSNEPlantronics announces partnership with Sony Computer Entertainment Europe
Plantronics (PLT) announced it has entered into its first-ever partnership with Sony Computer Entertainment Europe (SNE) to provide advanced audio perfectly optimized for performance with PlayStation 4, PlayStation 3, and PlayStation Vita. The new, officially-licensed product, the Plantronics RIG for PS4, PS3, PS Vita will be available across Europe, Middle East and Oceania for the 2014 holiday season.
August 11, 2014
08:30 EDTLNVGYLenovo Group management to meet with JPMorgan
Meetings to be held in New York on August 14-15 hosted by JPMorgan.
August 8, 2014
12:49 EDTSNEChina chosen as first market for Sony 4K curved TV's, Nikkei reports
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11:51 EDTQCOMNVIDIA rallies after Q2 quarter profit, Q3 revenue outlook top estimates
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07:06 EDTSSNLFSamsung, Barnes & Noble holding press event on August 20, Business Insider says
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06:37 EDTLNVGYMotorola to be sales arm for Lenovo to increase global shipments, DigiTimes says
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