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Stock Market & Financial Investment News

News For SSNLF From The Last 14 Days
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June 22, 2015
14:42 EDTSSNLFOculus potential not reflected in Facebook's stock price, Piper Jaffray says
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June 21, 2015
14:44 EDTSSNLFFitbit shares likely to see 'typical IPO' subpair gains, Barron's says
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June 19, 2015
07:15 EDTSSNLFCourt to rule July 1 on Elliottís bid to block Samsung deal, Reuters reports
A South Korean court said it will rule by July 1 on U.S. hedge fund Elliottís request to block a Samsung C&T Corp, a unit of Samsung, shareholder vote on an $8B buyout offer from Cheil Industries, Reuters reports. Elliott told the court that Cheilís offer was built to pave the way for a leadership succession in the Samsung conglomerate and did not serve the best interests of their shareholders, the report says. Reference Link
June 18, 2015
19:55 EDTSSNLFSamsung to release security update to fix Galaxy keyboard security issue
Samsung released the following statement on Samsung Tomorrow: "Samsung takes all security threats very seriously. There have been reports that there is vulnerability when keyboard updates are carried out on Galaxy devices. We are aware of this issue and are committed to providing the latest in security on all of our devices. So the likelihood of making a successful attack, exploiting this vulnerability is low. There have been no reported customer cases of Galaxy devices being compromised through these keyboard updates. But as the reports indicate, the risk does exist and Samsung will roll out a security policy update in the coming days." Reference Link
06:17 EDTSSNLFElliot Associates says Samsung merger to cost investors $7B, Financial Times say
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