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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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October 10, 2014
07:04 EDTSNEAmazon in talks to join digital locker for movies. WSJ reports
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06:52 EDTSSNLFGoogle allowed to face Rockstar in California court, Reuters says
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October 9, 2014
13:40 EDTSSNLFSamsung, Cheetah Mobile to pre-install Clean Master, BrightWire says
Cheetah Mobile (CMCM) CEO Fu Sheng said that the company has finalized an agreement with Samsung (SSNLF) to pre-install Clean Master, its flagship mobile application, on its phones, according to BrightWire, citing comments from Sheng. The CEO said that the company is devoted to its overseas broadening strategy regardless of investor criticism. Reference Link
09:01 EDTSNESony moves step further toward sale of PS4 in China, WSJ says
Sony (SNE), which seeks to join Microsoft (MSFT) in selling video game consoles in China, may see a partner company start packaging its consoles in the nation in December, said The Wall Street Journal, citing a filing posted by a Sony local partner on the official website of Shanghai’s free-trade zone. A Sony spokesperson said the facility's ability to package 200,000 consoles a year, which was communicated in the filing, does not represent an actual business plan and declined to comment further on Sony’s plans. Reference Link
08:53 EDTSNEAbout 1,000 workers went on strike for several hours at Foxconn plant, WSJ says
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06:55 EDTLNVGYAnalyst says PC company likely to get much of HP debt, Re/code reports
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06:31 EDTSNEFiling says Sony to begin console packaging in China, Bloomberg says
A filing on the website of the China Pilot Free Trade Zone said that Sony (SNE) is aiming to begin packaging over 200K new video game consoles starting in December in China, according to Bloomberg, citing the filing which was verified as authentic by a spokesman for Sony Computer Entertainment. The company is looking to accumulate sales in the country as the end of a 14-year ban on the devices approaches. Microsoft (MSFT) already began selling Xbox Ones in China. Reference Link
06:29 EDTSSNLF, SNE, LNVGYIDC: Worldwide PC shipments down 1.7% in Q3, DigiTimes reports
Worldwide PC shipments are down 1.7% with 78.5M units shipped in Q3, reports DigiTimes, citing the IDC. Shipments in the US grew 4.3% to 17.3M, with growth centered from strong momentum in te portables category. Reference Link
06:26 EDTSSNLF, SNEMIC: Taiwan smartphone shipments surpasses 5.4M in Q3, DigiTimes says
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October 8, 2014
16:56 EDTLNVGYGartner says worldwide PC shipments in Q3 declined 0.5%
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11:41 EDTSSNLFJ.C. Penney says store base count 'roughly' where it needs to be
Says evaluating stores to see if EBITDA accretive. Says "disciplined" regarding promotions. Says won't risk margin over promotions. Says Apple (AAPL), Samsung (SSNLF), Amazon (AMZN) taking "chunk" out of consumer spending. Sees returning to 37%-39% gross margins over time.
08:20 EDTQCOMQualcomm opportunity at Xiaomi almost rivals iPhone, says FBR Capital
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06:13 EDTLNVGY, SNE, SSNLFNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
October 7, 2014
12:50 EDTSSNLFSamsung aiming for arbitration versus Microsoft, Bloomberg says
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11:35 EDTQCOMStocks with call strike movement; JPM QCOM
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10:17 EDTSSNLFSamsung outlook miss weighs on suppliers
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08:04 EDTSNEAVG Technologies, Sony Mobile announce mobile security partnership
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06:41 EDTSNESony's internet TV service could cost up to $80 per month, NY Post reports
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06:24 EDTSSNLFSamsung executives concerned about earnings, chairman's health, WSJ reports
In addition to slumping earnings, the Wall Street Journal reports that Samsung executives are also concerned about the health of Chairman Lee Kun-hee, who has been hospitalized since May when he had a heart attack. According to sources, there are additionally increasing concerns within the company about a "major reshuffle" of executives later this year. Reference Link
06:14 EDTSSNLFSamsung may find difficulty competing with TSMC for Apple chips, DigiTimes says
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