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Stock Market & Financial Investment News

News Breaks
February 14, 2013
14:12 EDTSHCAY, AUO, SSNLF, T, TOSBF, LPLCourt 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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April 14, 2015
05:46 EDTSSNLFReport: Samsung to hold off release of flexible tablets in 2015, DigiTimes says
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05:46 EDTAUOReport: AUO may face $1B fine, probation for compliance issues, DigiTimes says
AU Optronics could face a $1B fine and five years of probation for allegedly failing to implement compliance policies, reports DigiTimes. Citing a report from Law360 that quoted prosecutors from the U.S. Attorney's Office, the fee comes after it was convicted of conspiring to fix pricing. The report added that AU Optronics responded by saying that it has already created compliance documents, trained more than 1,000 employees and hired a Chief Antritrust Compliance. Reference Link
April 13, 2015
20:16 EDTTUSTelecom files net neutrality lawsuit against FCC
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06:09 EDTSSNLFSamsung semiconductor CapEx to reach $15B in 2015, DigiTimes reports
Samsung's semiconductor capital spending is expected to reach a record $15B in 2015, reports DigiTimes Research. The company's CapEx for system ICs is expected to reach $4B, mainly to finance the commencement of its Line-17 fab in Hwasong and a buildup of its plant in Austin, Texas. Reference Link
April 9, 2015
06:02 EDTSSNLFSamsung sees record shipmnents for Galaxy S6 smartphones, Reuters reports
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05:40 EDTTOSBFIBA and Toshiba sign strategic partnership in particle therapy
Ion Beam Applications and Toshiba announce the signing of a global collaboration to expand access to advanced particle therapy worldwide. Toshiba Medical Systems Corporation will become the distributor in Japan for ProteusONE, IBA’s compact single-room proton therapy solution, and IBA will become the agent for Toshiba’s Carbon Therapy Solutions outside Japan. IBA and Toshiba will collaborate on activities such as customer education for Proteus®ONE and Toshiba's carbon therapy solutions. The collaboration will also enable both organizations to mutually leverage their Operation and Maintenance services.
April 8, 2015
13:11 EDTTAT&T to pay $25M civil penalty for consumer privacy violations
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06:15 EDTSSNLFSamsung rely on new phones to raise mobile profit margins, WSJ says
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April 7, 2015
07:34 EDTTMobileIron announces availability of AT&T Work Platform
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06:46 EDTSSNLFApple Pay, Google Wallet could see competition from CurrentC, Macworld says
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April 6, 2015
19:49 EDTSSNLFSamsung sees Q1 operating profit KRW 5.9T, Bloomberg reports
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11:10 EDTSSNLFNVIDIA reports favorable ITC ruling in patent fight with Qualcomm, Samsung
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10:56 EDTSSNLFSamsung comments on smartphone durability test conducted by SquareTrade
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10:39 EDTSSNLFQualcomm falls amid uncertainty about content in flagship Samsung phone
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06:45 EDTTQualcomm downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Qualcomm (QCOM) to Market Perform, removed the stock from its Top Picks list and dropped its price target for shares to $72 from $80. FBR said the moves were prompted by a posting on AT&T's (T) website which said the carrier’s version of the GS6 smarphone is powered by the Samsung Exynos 7420 processor with a Shannon 333 modem as opposed to Qualcomm's Snapdragon platform. FBR still expects the Verizon (VZ) and Sprint (S) GS6 versions to sport Qualcomm modems, but it believes the change at AT&T signals Samsung’s "clear intent to utilize proprietary baseband whenever and wherever possible." Shares of chip maker Qualcomm closed Thursday down $1.46 to $67.97.
06:42 EDTSHCAYHon Hai considering Y100B investment in Sharp, Want China Times reports
Hon Hai is considering a Y100B investment in Sharp, Want China Times reported on Friday, citing the Sankei Shimbun. According to the report, Hon Hai could end up with a stake of about 20% in Sharp if a deal is made and would look to support Sharp as it undergoes a global restructuring. Reference Link
06:11 EDTSSNLFSamsung expected to win A9 chip orders for next iPhone, Bloomberg reports
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06:07 EDTSSNLFSamsung uses internally developed wireless modem in Galaxy S6, WSJ reports
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April 5, 2015
11:58 EDTSHCAYSharp looks to spin off part of panel-making unit, WSJ says
Japan's Sharp is looking to spin off part of its panel-making unit and may ask for a government supported investment fund to help as competition in the small-and medium-sized panel market intensifies, says the Wall Street Journal. Reference Link
08:43 EDTTAT&T, Philip Morris, eight others have reliable yields up to 5.7%, Barron's says
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