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Stock Market & Financial Investment News

News Breaks
February 14, 2013
14:12 EDTTOSBF, LPL, SHCAY, AUO, SSNLF, TCourt revives AT&T suit against LCD panel makers over price-fixing charges
An appeals court panel reversed a district court’s partial dismissal of an antitrust suit brought by AT&T (T) against companies including AU Optronics (AUO), LG Display (LPL), Samsung Electronics (SSNLF), Sharp (SHCAY) and Toshiba (TOSBF), alleging a global conspiracy to fix the prices of LCD panels. The appeals court reverse the district court’s order dismissing AT&T's claims and remanded the case to the district court for it to make an individual determination with respect to each defendant. Reference Link
News For T;AUO;LPL;SSNLF;SHCAY;TOSBF From The Last 14 Days
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May 26, 2015
06:38 EDTSSNLFSamsung to merge two units in $8.1B all-stock deal, FT reports
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May 22, 2015
07:30 EDTSSNLFSamsung increased purchases of IC parts, DigiTimes says
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07:13 EDTSSNLFSamsung content unit hit by layoffs and exec departure, Variety reports
Samsung's Media Solutions Center America has been hit by layoffs and a key executive departure over the last couple of weeks, reports Variety. According to multiple sources, the unit saw dozens of staffers laid off earlier this month. One source estimated that as much as 15% of staff may have been affected. Sources also said the layoffs came a few weeks after Samsung's VP of content and services Kevin Swint left the unit. Reference Link
06:58 EDTAUOAU Optronics denies rumors of merger with Innolux, DigiTimes reports
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May 21, 2015
14:44 EDTTAT&T plans 'substantial' Mexico investments, WSJ says
In a report published yesterday, the Wall Street Journal said that according to AT&T Mexico's CEO the telecommunications giant plans "substantial" investments in Mexico to broaden and enhance its mobile network as it seeks to increase market share. Reference Link
14:37 EDTTFCC likely to approve AT&T-DirecTV deal with conditions, CTFinancialNews says
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May 20, 2015
06:25 EDTSSNLFSamsung could release next Galaxy Note phone as early as July, BI reports
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May 19, 2015
19:44 EDTSSNLFSamsung's next chairman may pursue smartphone, wearables synergies, Reuters says
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16:01 EDTTOptions Update; May 19, 2015
iPath S&P 500 VIX Short-Term Futures down 27c to 19.17. Option volume leaders: AAPL BAC WMT MSFT FB TWTR MNKD NFLX T PBR
07:36 EDTTAutomakers to start V2V car rollouts with spectrum at a premium, WSJ says
General Motors' (GM) upcoming Cadillac CTS is the only car firmly scheduled to launch in the U.S. with vehicle-to-vehicle communications, or V2V, but the industry has promised that V2V will revolutionize safety and Cisco (CSCO) joined automakers earlier this month to brief the FCC on plans to test airwave sharing soon, said The Wall Street Journal. However, cable and telecom companies are pressuring carmakers to give up a part of the airwaves marked for V2V to be available for broader use, the report added. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY), while cable and telecom companies include Verizon (VZ), AT&T (T), Sprint (S), T-Mobile (TMUS), Comcast (CMCSA), Time Warner Cable (TWC) and Charter (CHTR). Reference Link
06:18 EDTTDish says followed all rules in bidding strategy for spectrum auction, WSJ says
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05:59 EDTSSNLFSources: Apple able to launch iPhone 6s as early as August, BGR says
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May 18, 2015
16:00 EDTTOptions Update; May 18, 2015
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15:54 EDTTAT&T CEO sees net neutrality changing within 5-10 years, Wireless Week says
AT&T CEO Randall Stephenson believes the FCC's net neutrality ruling will change within the next five to 10 years, reports Wireless Week, citing statements given Monday at a J.P. Morgan investor conference. "If I believed the rules that were passed by the FCC on Title II were going to be the rules of the land for the next five to 10 years, it would have a dramatic effect on how we thought about investment," said Stephenson, adding that his company's court case against the neutrality rules is "pretty strong." Reference Link
09:36 EDTSSNLFAppeal says Samsung $930M damages to Apple must be adjusted, Bloomberg reports
The U.S. Court of Appeals for the Federal Circuit ruled that Samsung (SSNLF) did infringe Apple’s (AAPL) design patents, but did not violate Apple’s trade dress, meaning the $930M damages award to Apple must be adjusted, reported Bloomberg. Reference Link
09:26 EDTSSNLFApple gets mixed ruling from appeals court in Samsung case, Bloomberg reports
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08:59 EDTTAT&T CEO says gets profitable TV product from 'day one' by buying DirecTV
AT&T (T) CEO Randall Stephenson said AT&T's existing U-verse product is "nice" but unprofitable and that the company will get a profitable TV product from "day one" by buying DireTV (DTV). Stephenson said he expects to take share from cable operators and other TV offerings with its combined offering after the DirecTV deal closes. Stephenson said the company is on target to get the DirecTV deal closed in Q2. Stephenson spoke on CNBC.
08:45 EDTTCogent CEO says considering lawsuit against AT&T, CTFinancialNews reports
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07:47 EDTTOSBFToshiba longer term outlook still positive, says Bernstein
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07:27 EDTTJPMorgan to hold a conference
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