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Stock Market & Financial Investment News

News Breaks
February 14, 2013
14:12 EDTSSNLF, T, TOSBF, LPL, SHCAY, AUOCourt revives AT&T suit against LCD panel makers over price-fixing charges
An appeals court panel reversed a district courtís 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 courtís 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 16, 2014
06:19 EDTSSNLFIHS: Samsung Galaxy S5 carries $250 BOM, DigiTimes reports
An IHS teardown reveals that the Samsung Galaxy S5 carries over $251.52 BOM, reports DigiTimes. The BOM comes out to be more expensive than other high-end smartphones, including the iPhone 5s which carries $207 BOM. Reference Link
06:18 EDTSSNLFHackers could reportedly bypass Samsung's Galaxy S5 fingerprint sensor, WSJ says
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April 15, 2014
10:00 EDTSHCAYOn The Fly: Analyst Downgrade Summary
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06:13 EDTLPL, AUOAU Optronics and LG Display to mass produce 42.5-inch LCD panels, DigiTimes says
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06:12 EDTTOSBFMicron is expected to invest in Kingston Solutions, DigiTimes says
Micron (MU) plans to contribute equity investments into NAND device supplier Kingston Solutions, a joint venture between Toshiba (TOSBF) and Phison Electronics, reports DigiTimes. According to the sources, Kingston Solutions will be able to optimize NAND flash from Toshiba and mobile RAM from Micron following the investment. Reference Link
06:09 EDTSSNLFSamsung, HTC to offer alternative chassis choices for smartphones, DigiTimes say
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06:08 EDTSSNLFSamsung: Gains in smartphone market the result of strategy shift, WSJ reports
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05:28 EDTSHCAYSharp downgraded to Underperform from Hold at Jefferies
Jefferies downgraded Sharp to Underperform citing the risks of another potential share issuance. The firm lowered its price target for shares to $2.30 from $3.10.
April 14, 2014
12:29 EDTSSNLFSamsung partners with SingTel to increase wireless usage, Nikkei reports
Singapore Telecommunications has partnered with Samsung to increase wireless data usage in emerging markets, Nikkei reports. Reference Link
09:10 EDTTT-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTTT-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
07:07 EDTSHCAYSharp mulls another share offering, could raise $1.97B, Reuters says
Sharp is contemplating another issue of new shares that could raise nearly $1.97B to replenish its depleted capital base, according to Reuters, citing a report from Japan's Asahi newspaper. Reference Link
06:40 EDTSSNLFNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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06:11 EDTSSNLFIntel works with HzO to enhance water resistance in products, DigiTimes says
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April 11, 2014
09:19 EDTSSNLFANADIGICS ships AWC6383 dual-band ProVantage PA to Samsung
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07:26 EDTTTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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06:47 EDTSSNLFSamsung ups S5 incentives to fend off rivals, Bloomberg says
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06:46 EDTSSNLFDocuments: Samsung misled investors about Galaxy tablet sales, Fotune says
According to documents revealed in the Samsung (SSNLF)-Apple (AAPL) lawsuit, Samsung misled the public about how many tablets it sold in 2011, Fortune reports. Strategy Analytics told the world Samsung sold 2M Galaxy Tablets in six weeks, when "it took Samsung all of 2011 to sell half that many." Reference Link
06:08 EDTSSNLF, TOSBFMemory suppliers look to bundle NAND flash sales with DRAM chips, DigiTimes says
Some memory device suppliers may be pushing sales of NAND flash chips with DRAM chips in an effort to easy the oversupply of NAND flash products, reports DigiTimes. According to market sources, the prices of NAND chips have continued to decline this year due to the capacity ramps from major companies. Reference Link
April 10, 2014
06:29 EDTTAT&T in talks to bring ultrafast internet to North Carolina, WSJ reports
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