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Stock Market & Financial Investment News

News Breaks
March 29, 2012
06:41 EDTSUHJY, TM, SNE, MITSYOn The Fly: Asian News Wrap-Up
Asian stocks fell, following disappointing data regarding U.S. factory orders and continued concerns over company earnings reports emerging from China. JAPAN: The Nikkei 225 declined 0.7% to 10,114.79. Toyota (TM) gave back 1.7%, while trading house Mitsui & Co. (MITSY) slid 3.3% and Sony (SNE) lost 1.5%. CHINA: The Shanghai Composite Index declined 1.4% to 2,252.16. Machine maker Sany Heavy dropped 4.1%, while Zijin Mining lost 2.6% and Sinovel Wind fell 1.4%. AROUND ASIA: Hong Kong's Hang Seng Index fell 1.32%, India's Sensex gave back 0.37%, and South Korea's Kospi declined 0.85%...Tepco has requested approximately $12B of public funds to avoid collapse, creating space for the government to take control of what had been the world's largest private utility...Sun Hung Kai Properties (SUHJY), Hong Kong's largest developer, has been suspended from trading, with co-chairmen Thomas and Raymond Kwok being asked to assist in an anti-graft investigation.
News For SUHJY;TM;SNE;MITSY From The Last 14 Days
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July 31, 2014
05:39 EDTSNESony reaffirms FY15 outlook for income, sales
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05:36 EDTSNESony reports Q1 net income 26.8B yen vs. 3.1B yen last year
Reports Q1 revenue 1.81T yen vs. 1.71T yen last year. Sony said the sales increase was due to a significant increase in Game & Network Services segment sales, reflecting the contribution of the PlayStation 4 which was launched in November 2013, a significant increase in Pictures segment sales primarily due to higher theatrical revenues in Motion Pictures, as well as the favorable impact of foreign exchange rates.
July 30, 2014
11:47 EDTSNESony turned down participating in 'EA Access' program, Game Informer reports
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09:29 EDTMITSYSempra project greenlit to begin gas exports to Japan, WSJ says
The Cameron liquefied natural gas, which is 50.2% owned by Sempra Energy (SRE) and 16.6% owned by Mitsui (MITSY), will be given the final go-ahead next week to begin natural gas export to Japan after securing $7.5B in loans, according to The Wall Street Journal, citing people familiar with the matter. Reference Link
06:57 EDTTMVolkswagen poised to overtake Toyota in vehicle sales, Reuters says
Volkswagen's (VLKAY) rapid growth in China leaves it well-positioned to overtake Toyota (TM) as the world's leader in vehicle sales, according to Reuters. Volkswagen's sales for the first half of the year could eclipse those of Toyota, the news service stated. Reference Link
July 29, 2014
07:51 EDTTMToyota urged to recall Camry Hybrid by Consumer Reports
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July 28, 2014
06:04 EDTTMNHTSA closes Toyota Prius defect petition review
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July 24, 2014
09:32 EDTSNESony to raise production capacity for stacked CMOS image sensors, DigiTimes says
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July 23, 2014
10:20 EDTSNESony investing to increase stacked CMOS image sensor production
Sony (SNE) announced earlier that it plans to invest in Nagasaki TEC and Kumamoto TEC from the second half of FY14 through the first half of FY15 to increase its production capacity for stacked CMOS image sensors. This investment is primarily intended to reinforce Nagasaki TEC's layering process production capabilities, as well as Kumamoto TEC's mastering process facilities. The current investment is expected to enable Sony to complete subsequent stages of production, including the layering process, at Nagasaki TEC on semiconductor chips that have undergone the mastering process at Yamagata TEC, providing Sony with a fully integrated production system for stacked CMOS image sensors. This investment forms part of Sony's mid - to long-term plan to increase its total production capacity for image sensors to approximately 75K wafers per month and is expected to increase the current capacity of approximately 60K wafers per month to approximately 68K wafers per month in August 2015. Sony intends to bolster its manufacturing capacity for stacked CMOS image sensors, and further strengthen its integrated supply operations, and to thereby reinforce its leading market position. The total investment amount is expected to be approximately Y35B to be carried out in FY14 and in FY15. Of this, the amount to be invested in FY14, or approximately Y9B, was included in the forecast of capital expenditure for semiconductors in the current fiscal year of approximately Y65B announced on May 14. Note that OmniVision Technologies (OVTI) designs, develops and markets integrated and semiconductor image-sensor devices.
July 22, 2014
16:04 EDTSNESkullcandy names David Raffone as Chief Sales and Revenue Officer
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06:17 EDTSNEGlobal notebook shipments to increase 4.3% in Q3, DigiTimes Research says
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July 21, 2014
06:23 EDTSNEUpscale Sony Walkman enjoying a comeback in Japan, WSJ reports
Sony's new $700 Walkman, which is aimed at premium buyers, is enjoying a small comeback, the Wall Street Journal reports. The company says the ZX1, which houses 128 gigabytes of storage, is selling well in Japan. Reference Link
July 18, 2014
18:21 EDTTMToyota to launch pricier compact in India, Nikkei reports
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15:23 EDTTMJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
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07:22 EDTSNETotal June video game sales up 24%, spending on games down 3%, VentureBeat says
Sales of physical video game products, including consoles, games and accessories, rose 24% from the same month of last year to $736.4M in the U.S. in June, reported VentureBeat, citing NPD Group data. Spending on games slid 3% year-over-year to $286.8M, the report noted, with NPD stating that sales of launch titles this June "did not compare favorably" to those launched in 2013. The report also noted that PS4 again outsold Xbox One in the month. Publicly traded companies in the video game space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME), Take-Two (TTWO), Sony (SNE) and Microsoft (MSFT). Reference Link
06:06 EDTSNEXbox Live, PlayStation Network users report connectivity issues, Re/code says
Xbox Live (MSFT) and PlayStation Network (SNE) users yesterday reported problems with connecting to their online services, Re/code reports. The connectivity issues could be connected to the start of a beta period for the upcoming Bungie-Activision (ATVI) game Destiny, the publication says. Reference Link
06:06 EDTSNESony confirms PlayStation4 is top selling next-gen consol in June for U.S.
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