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Stock Market & Financial Investment News

News Breaks
January 24, 2014
06:18 EDTSSNLF, SNE, NOKSix-inch phablet sales face competition from entry-level tablets, DigiTimes says
Sales of phablets with 6-inch and above displays have been limited to due strong competition from 7-inch tablets, reports DigiTimes. Citing market watchers, phablets from Samsung (SSNLF), Sony (SNE) Mobile Communications and Nokia (NOK) have ranged from $500-$800, compared to the $150-$400 for entry-level 7-inch tablets. Reference Link
News For SSNLF;SNE;NOK From The Last 14 Days
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October 17, 2014
06:26 EDTSNESony says PS4 September's top-selling console
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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
October 16, 2014
07:48 EDTSNESony must decide quickly what to do with smartphone strategy, Nikkei says
Sony's (SNE) "One Sony" strategy is built around providing contents to consumers and smartphones are one of three pillars it sees for growth, but the strategy is "on the brink of collapse" as the company falls behind Apple (AAPL) and Chinese rivals, according to the Nikkei Asian Review. Sony officials are debating whether smartphone operations in Asia should be downsized and whether cutting 1,000 jobs, or 15% of its mobile communications workforce, would be warranted, according to the report. Reference Link
October 15, 2014
12:58 EDTSNESony has 40% upside potential, Barron's reports
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06:43 EDTSSNLFFacebook, Samsung could collaborate to develop mobile content, Korea Times says
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06:34 EDTSSNLFIHS: Apple, Samsung set to drive fingerprint sensor market, DigiTimes says
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06:32 EDTSSNLFTablet supply chains expect lagging orders in Q4, DigiTimes reports
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October 13, 2014
07:22 EDTSNESony/ATV could ditch licensing firms due to streaming dollars, NY Post reports
Sony/ATV Music Publishing (SNE) is considering no longer dealing with performance rights groups BMI and ASCP, and instead negotiating directly with online music services like Pandora (P), YouTube (GOOG) and Spotify due to outdated rules and low royalties, the New York Post reports. Reference Link
October 12, 2014
17:04 EDTSSNLFSamsung could climb 50%, Barron's says
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14:32 EDTSSNLFSamsung creates faster Wi-Fi technology, Bloomberg says
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October 10, 2014
10:15 EDTNOKNokia, China Mobile sign framework agreement valued at $970M
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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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07:13 EDTNOKNokia reinstated with a Buy at BofA/Merrill
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 EDTSNE, SSNLFIDC: 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 EDTSNE, SSNLFMIC: Taiwan smartphone shipments surpasses 5.4M in Q3, DigiTimes says
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