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Stock Market & Financial Investment News

News Breaks
February 22, 2012
05:25 EDTT, DTEGY, SSNLFT-Mobile announces March availability for Samsung Galaxy S Blaze 4G
T-Mobile USA and Samsung Telecommunications America - Samsung Mobile confirmed the upcoming March availability of the Samsung Galaxy S Blaze 4G, exclusively from T-Mobile. The Galaxy S Blaze 4G is the latest addition to the successful Galaxy S line of products, and T-Mobileís newest fast 4G smartphone to take advantage of 4G, or HSPA+42, technology, providing customers with the ability to browse the Web faster than the average home Internet2 connection while on the go.
News For T;DTEGY;SSNLF From The Last 14 Days
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July 16, 2014
06:55 EDTSSNLFSurvey shows Samsung losing smartphone ground, Reuters says
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06:52 EDTSSNLFSamsung may be in partnership talks with Under Armour, Yonhap says
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06:20 EDTSSNLFDRAM chip prices likely to increase 10% in July, DigiTimes reports
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06:16 EDTSSNLFSanDisk partners with Rockchip for iNAND solutions, DigiTimes reports
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July 15, 2014
08:03 EDTTPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
07:15 EDTTIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
06:17 EDTSSNLFReport: Samsung finishes LTE-A solution for mobile processors, DigiTimes says
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06:11 EDTSSNLFSamsung, HiSilicon to sell more handset solutions to vendors, DigiTimes says
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06:02 EDTSSNLFSamsung, Nest, ARM team up for Thread wireless networking protocol
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July 14, 2014
11:17 EDTTDemand Media announces divestiture of Creativebug and CoveritLive
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10:34 EDTTAT&T joint venture acquires Creativebug from Demand Media for $10M
Otter Media, a joint venture between AT&T (T) and The Chernin Group, has acquired Creativebug from Demand Media (DMD), the companies announced earlier. Creativebug offers do-it-yourself video workshops featuring instruction from artists and designers. Demand Media confirmed in a regulatory filing earlier that it completed the sale of substantially all of the assets relating to its Creativebug business for $10.0M in cash. AT&T and The Chernin Group announced the formation of the joint venture to acquire, invest in and launch over-the-top video services previously on April 22.
09:31 EDTTAT&T, EPIX reach carriage agreement
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08:32 EDTTSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobiliís customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.
06:54 EDTSSNLFSamsung ceases business with China supplier, Reuters says
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July 12, 2014
18:33 EDTSSNLFIntel looks to Chinese unbranded makers to boost tablet presence, WSJ says
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July 11, 2014
16:22 EDTDTEGYOn The Fly: Closing Wrap
Stocks on Wall Street were higher today, but were still lower for the week, as concerns in Europe have come back to the forefront of investors' minds. Today's modest bounce was not enough to make up for the declines seen in three of the other four sessions earlier in the week. ECONOMIC EVENTS: In the U.S., the June federal budget statement showed a surplus of $70.5B for the month, compared to analysts' forecast for a $79B surplus. COMPANY NEWS: Shares of Wells Fargo (WFC) slipped 32c, or 0.62%, to $51.49 after the largest mortgage lender in the U.S. posted earnings of $1.01 a share that matched analysts' consensus forecast. Wells did note that its credit performance continued to improve in Q2 and CEO John Stumpf said he is "optimistic about the future" for the bank... Lorillard (LO) advanced $2.92, or 4.63%, to $66.01, while Reynolds American fell 51c, or 0.82%, to $61.75, after the two cigarette makers confirmed that they are holding talks about a possible merger, as has been speculated by various media reports in recent weeks... In another update to an ongoing M&A story, Japan's Nikkei reported that Sprint's (S) corporate parent, Softbank (SFTBF), has reached an agreement to acquire T-Mobile (TMUS) from Deutsche Telecom (DTEGY), clearing the way for the long-speculated merger between the third and fourth largest wireless carriers in the U.S. Following the new story, Sprint shares finished the day up 30c, or 3.64%, to $8.55, while T-Mobile rose 62c, or 1.89%, to $33.50. MAJOR MOVERS: Among the notable gainers was Ruckus Wireless (RKUS), which advanced 87c, or 7.9%, to $11.88 after the FCC announced that it would allocate new funds to subsidize the launch of WiFi networks in schools and libraries. Also higher was Amazon.com (AMZN), which climbed $18.28, or 5.57%, to $346.20 after consulting firm ChannelAdvisor (ECOM) reported that the company's same-store sales growth had accelerated significantly in June compared with May. Among the noteworthy losers was Rent-A-Center (RCII), which dropped $3.18, or 10.94%, to $25.88 after the company warned that its revenue and earnings for Q2 will not meet expectations. Also lower were shares of industrial and construction supply retailer Fastenal (FAST), which fell $2.00, or 4.16%, to $46.15 after its Q2 revenue missed analysts' consensus view and the company reported plans to close 45 stores. INDEXES: The Dow was up 28.74, or 0.17%, to 16,943.81, the Nasdaq was up 19.29, or 0.44%, to 4,415.49, and the S&P 500 was up 2.83, or 0.14%, to 1,967.51.
13:09 EDTDTEGYSoftbank near deal to buy T-Mobile, merge with Sprint, Nikkei reports
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05:57 EDTSSNLFSamsung revamping app store for phones and tablets, Re/code reports
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July 10, 2014
07:36 EDTSSNLFSamsung facing new child labor claims at Chinese supplier, FT says
A week after Samsung Electronics assured that there was no underage labor involved in making its products, China Labor Watch has made a new claim to have found evidence of five child workers at a Samsung supplier in southern China, reported Financial Times. Reference Link
06:26 EDTSSNLFTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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