New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:52 EDTUA, SSNLFSamsung may be in partnership talks with Under Armour, Yonhap says
Samsung (SSNLF) could be in negotiations to partner with Under Armour (UA) on wearable tech products, as Under Armour CEO Kelvin Plank met with Lee Jay-yong of Samsung this month, reports Yonhap, citing sources. Reference Link
News For SSNLF;UA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2015
05:41 EDTSSNLFReport: Samsung sees record-high inventory through Q3-end, DigiTimes says
Subscribe for More Information
November 23, 2015
13:25 EDTUALululemon adds to gains as takeover speculation persists
Shares of Lululemon Athletica (LULU) rose in afternoon trading as speculation over a possible takeover by a larger rival persists, fueled by continued media mentions. WHAT'S NEW: On Friday, dealReporter credited a Thursday gain for Lululemon to "unsubstantiated rumors" that Under Armour (UA is seeking to make a $62 per share takeover bid for the yoga apparel maker. DealReporter said that Under Armour may not be the best fit to acquire Lululemon based on differences in branding, marketing and culture, but said that Nike (NKE) would be a better fit to take over the apparel company, since it is in the "right position at the right time" to make such a deal work, contacts told The Fly. WHAT'S NOTABLE: Three days after dealReporter commented on the rumors, the New York Post said today that there was "plenty of chatter" that Lulu and Under Armour were in discussions over a possible deal, noting that the latter company has been "actively seeking" growth in the women's sportswear sector. The Post noted that Bloomberg Gadfly suggested that Nike should be spending $7.5B to acquire Lululemon instead of using that money for a $12B buyback. PRICE ACTION: In afternoon trading, Lululemon rallied 5% to $51.76. Over the past five days, Lululemon is up nearly 15%. Reference Link
09:00 EDTSSNLFChase Visa cardholders can now use Samsung Pay
Subscribe for More Information
05:55 EDTSSNLFReport: Samsung shifts research personnel, DigiTimes says
Samsung plans to decrease its personnel at its Samsung Seoul R&D Campus by two-thirds, reports DigiTimes. Citing a new report from ChosunBiz, the move is to help the company restructure its business model and operations. Reference Link
November 20, 2015
16:02 EDTUAOptions Update; November 20, 2015
Subscribe for More Information
09:36 EDTUANike, not Under Armour, should buy lululemon, dealReporter says
Lululemon (LULU) gained 3.6% yesterday, which dealReporter credits to "unsubstantiated rumors" that Under Armour (UA) was planning to make a $62 per share takeover bid. Given the differences in their branding, marketing, and culture, dealReporter said it is not sure such a deal would be a good fit, but added that it believes Nike (NKE) is in the "right position at the right time" to make such an acquisition of lululemon work, contacts tell The Fly.
07:17 EDTSSNLFBiogen says Benepali receives 'positive' opinion from CHMP
Subscribe for More Information
07:00 EDTSSNLFSamsung to increase flexible OLED panel proportion, DigiTimes reports
Subscribe for More Information
06:59 EDTSSNLFReport: Samsung cuts 5,000 employees over last year, DigiTimes reports
Subscribe for More Information
November 19, 2015
07:05 EDTSSNLFNetlist parnters with Samsung for new storage class memory
Subscribe for More Information
November 18, 2015
07:28 EDTUAUnder Armour sell-off on Dick's Sporting worries overdone, says SunTrust
05:56 EDTSSNLFSony Mobile, LG to develop smartphone app processors in-house, DigiTimes says
Subscribe for More Information
05:56 EDTSSNLFReport: Samsung and LG to switch to white flip chip technology, DigiTimes says
Subscribe for More Information
November 17, 2015
10:01 EDTUAUnder Armour, Nike slide after Dick's outlook misses expectations
Shares of Under Armour (UA) and Nike (NKE) slipped after Dick's Sporting Goods (DKS) provided guidance for the fourth quarter and fiscal 2015 that both missed consensus estimates. WHAT'S NEW: Dick's Sporting Goods reported Q3 adjusted earnings per share of 45c on revenue of $1.64B, mostly in-line with analyst estimates of 47c on revenues of $1.64B. The company guided for Q4 EPS of $1.10-$1.25, short of the consensus estimate of $1.43. Dick's also said it anticipates FY15 adjusted EPS of $2.85-$3.00, lower than current analyst expectations of $3.19. STREET RESEARCH: Following the report, Baird analyst Justin Kleber said that Dick's Sporting Goods is the "strongest player" in its segment, which should enable the company to grow its sector-leading 10% market share at the expense of smaller competitors. The analyst added that profitability for the company should improve as volumes increase and as the company leverages its store base to fulfill further orders. Kleber said that Dick's Sporting Goods' e-commerce business will be more profitable than its brick-and-mortar business by 2017. The analyst maintained a Neutral rating and $48 price target on Dick's Sporting Goods' stock. PRICE ACTION: In morning trading, Dick's Sporting Goods dropped 17.5% to $33.67, while supplier Under Armour fell 5.6% to $84.95 and Nike was down 2% to $121.08. Dick's peers fell as well, with Finish Line (FINL) dropping 1%, Foot Locker (FL) slid 1.3% and Cabela's (CAB) dipping marginally in morning trading.
November 16, 2015
12:35 EDTSSNLFApple reaps 94% of global smartphone profits, Business Insider says
Subscribe for More Information
05:57 EDTSSNLFDRAMeXchange: Q3 Mobile DRAM sales rise 18%, DigiTimes says
Mobile DRAM revenue in Q3 was up 18% sequentially to $4.55B, reports DigiTimes. According to DRAMeXchange, SK Hynix made the largest contribution to the growth with revenues surging 30.5% to $1.2B while Samsung remained the largest DRAM supplier with revenue increasing 16.5% to $2.58B. Samsung continued to hold a more than 50% share of the global mobile DRAM market in the quarter. Reference Link
05:57 EDTSSNLFReport: Samsung to shift L8 facilities to produce LTPS panels, DigiTimes reports
Subscribe for More Information
November 13, 2015
05:58 EDTSSNLFReport: Samsung stops LCD production at 1.5 fab, DigiTimes says
Samsung Display has stopped LCD production of its L5 facilities in South Korea as of October, reports DigiTimes. Citing a new report from Korea-based D-Daily, Samsung is considering whether to fully close the facilities or convert them to produce other applications. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use