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Stock Market & Financial Investment News

News Breaks
November 27, 2012
05:23 EDTSTM, NTDOYSTMicroelectronics and PNI Sensors selected for Nintendo's Wii U
STMicroelectronics (STM) and PNI Sensor announced that Nintendo (NTDOY) has adopted an advanced sensor solution for Nintendo's newly launched Wii U that includes sensors from ST and PNI. PNI's 3-axis geomagnetic sensor, based on proprietary magneto-inductive technology and driven by ST's ASIC, together with an ST 3-axis accelerometer, enables intuitive motion sensing in gaming applications. The Wii U supports the need of users to enjoy intuitive motion control that is stable under various environments. The geomagnetic sensor delivers new playability in combination with other sensors. Further, the accelerometer accommodates a wide variety of players' motions in gaming.
News For STM;NTDOY From The Last 14 Days
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March 24, 2015
10:01 EDTNTDOYOn The Fly: Analyst Upgrade Summary
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07:04 EDTNTDOYNintendo upgraded to Neutral from Underweight at JPMorgan
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March 20, 2015
10:00 EDTSTM, NTDOYOn The Fly: Analyst Upgrade Summary
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05:58 EDTNTDOYNintendo upgraded to Buy from Hold at Deutsche Bank
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05:38 EDTSTMSTMicroelectronics upgraded to Equal Weight from Underweight at Morgan Stanley
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March 18, 2015
10:00 EDTNTDOYOn The Fly: Analyst Upgrade Summary
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07:23 EDTNTDOYNintendo upgraded to Buy from Hold at Jefferies
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March 17, 2015
09:38 EDTNTDOYNext Nintendo console in development, reveal coming in 2016, Tech Crunch says
Nintendo's next game console will be named "NX" and is currently in development with a "brand new concept," reports Tech Crunch, citing statements by CEO Satoru Iwata at a press conference. Iwata said more information will be made available next year, which Tech Crunch notes may indicate a reveal at the next E3 game expo. Tech Crunch also notes that a 2016 reveal would signify a relatively fast "update cycle" to its current Wii U console. Reference Link
06:21 EDTNTDOYNintendo to develop smartphone games with DeNA
Nintendo and DeNA Co., Ltd. entered into a business and capital alliance to develop and operate new game apps for smart devices and build a new multi-device membership service for consumers worldwide. Leveraging the strength of Nintendo’s intellectual property and game development skills in combination with DeNA’s world-class expertise in mobile games, both companies will develop and operate new game apps based on Nintendo’s IP, including its iconic game characters, for smart devices. The alliance is intended to complement Nintendo’s dedicated video game systems business and extend Nintendo’s reach into the vast market of smart device users worldwide. To ensure the quality of game experience that consumers expect from this alliance of Nintendo and DeNA, only new original games optimized for smart device functionality will be created, rather than porting games created specifically for the Wii U home console or the Nintendo 3DS portable system. Nintendo and DeNA also plan to develop an online membership service that is accessible from smart devices, PC and Nintendo systems, such as the Nintendo 3DS portable system and the Wii U home console. The membership service, which is targeted to launch in the fall of 2015, will be built on DeNA’s extensive experience and capabilities in online membership services.As part of the long-term relationship and commitment by each company, Nintendo and DeNA have also agreed to form a capital alliance. Under the capital alliance, Nintendo will acquire 15,081,000 of DeNA’s treasury shares, which corresponds to 10% of its total outstanding stock, for a total of approximately Y22B. DeNA will simultaneously acquire 1,759,400 of Nintendo’s treasury shares, which corresponds to 1.24% of its outstanding stock, for a total of approximately Y22B. The payment is due April 2.

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