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Stock Market & Financial Investment News

News Breaks
June 9, 2014
07:41 EDTTECD, SNETech Data offers Xperia smartphones through Sony partnership
Tech Data () today announced an agreement with Sony (SNE) to provide the Sony Mobile lineup of smartphones, tablets and related accessories to Tech Data's channel of solution providers through the company's Systems & PeripheralsIT division. Authorized Sony resellers can now offer a complete mobility solution, including tablets, smartphones, wearable technology and accessories. Solution providers can also now offer Sony smartphones with activation through the Tech Data Mobile Solutions division.
News For TECD;SNE From The Last 14 Days
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March 20, 2015
08:09 EDTTECDTech Data downgraded on balanced risk/reward at Needham
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07:47 EDTTECDTech Data downgraded to Hold from Buy at Needham
07:23 EDTTECDTech Data price target lowered to $63 from $73 at Brean Capital
Brean Capital lowered its price target on Tech Data to $63 from $73 citing soft European revenues. The firm remains positive on the stock due to higher growth and margin opportunities and reiterated its Buy rating on Tech Data shares.
06:36 EDTSNEWeb TV companies ask internet providers for special treatment, WSJ says
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06:06 EDTSNESony Mobile expected to reach revised smartphone shipment target, DigiTimes says
Sony Mobile said its Q4 smartphone shipments increased 20.2% sequentially to 11.9M units, reports DigiTimes. According to Taiwan-based hanset component suppliers, Sony Mobile is expected ship over 8M smartphones in the first calendar quarter of 2015, allowing the vendor to reach its revised target of 39.2M units for FY14. Reference Link
March 19, 2015
06:08 EDTTECDTech Data reports Q4 non-GAAP EPS $1.96, consensus $2.03
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06:07 EDTTECDTech Data sees Q1 revenue growth in low single digits, consensus $6.29B
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March 18, 2015
15:20 EDTTECDNotable companies reporting before tomorrow's open
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12:09 EDTSNESony announces launch of PlayStation Vue in New York, Chicago, Philadelphia
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09:03 EDTTECDIngram Micro acquires Tech Data's Peruvian and Chilean businesses
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March 17, 2015
11:23 EDTSNEApple willing to share TV data to attract programming partners, NY Post reports
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09:03 EDTSNEElectronic Arts, Visceral Games announce availability of Battlefield Hardline
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05:55 EDTSNEVAIO expected to become strong competitor to Sony smartphones, DigiTimes says
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March 15, 2015
19:12 EDTSNEDisney's 'Cinderella' takes top spot at domestic weekend box office with $70.1M
Rentrak (RENT) announced the official domestic weekend box office estimates for the weekend of March 15, as compiled by the company's theatrical measurement services. Disney's (DIS) "Cinderella" took the top spot at the domestic weekend box office with $70.1M: Warner Bros' (TWX) "Run All Night" took the second spot at the box office with $11M; 20th Century Fox's (FOX, FOXA) "Kingsman: The Secret Service" took third with $6.2M; Warner Bros' "Focus" took the fourth spot at the box office with $5.8M and Sony's (SNE) "Chappie" took fifth place with $5.8M.
March 13, 2015
17:11 EDTSNESony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
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07:49 EDTSNEVideo game hardware sales up 10% in February, software up 7%, Game Informer says
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05:54 EDTSNEIDC: Worldwide tablet long term growth in low single digits, Digitimes says
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05:54 EDTSNEIDC: PC shipments to drop 4.9% in 2015 before improving slightly, DigiTimes says
Worldwide PC shipments is expected to drop 4.9% in 2015, compared to a previous forecast of 3.3%, reports DigiTimes, according to the IDC Worldwide Quarterly PC Tracker. Total 2015 volume is projected at 293.1M PCs, slipping further to 291.4M in 2019. The report also said growth projects for 2016 and 2017 improved slightly. Reference Link
March 12, 2015
08:17 EDTSNE'Cinderella' expects $60M in opening weekend, Variety says
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05:58 EDTSNESony Mobile Taiwan says company will not sell mobile business, DigiTimes says
The general manager of Sony Mobile Communications Taiwan Jonathan Lin has said Sony does not have any plans to put its mobile device business unit up for sale, reports DigiTimes. Responding to recent rumors, Lin said Sony mobile is looking to achieve profitable operations in 2015-2016 and reach its goal of having 3-5% operating margins by 2017. Reference Link
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