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Stock Market & Financial Investment News

News Breaks
May 15, 2014
06:34 EDTTSM, SSNLFTSMC and Samsung competing to roll out advanced processes, DigiTimes says
TSMC (TSM) and Samsung (SSNLF) are competing to roll out more advanced processes to the market, reports DigiTimes. According to industry sources, TSMC is set to begin volume production for 16nm FinFET process by the end of 2014 and it has already rolled out its upgraded version. Samsung is also planning to push ahead its advanced 14nm LPP process. Reference Link
News For TSM;SSNLF From The Last 14 Days
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April 29, 2015
11:46 EDTSSNLFApple iPhone shipment volumes grew 40% in Q1, IDC says
IDC said the following in a press release: "The worldwide smartphone market kicked off the year with an expected post-holiday dispersion in shipment volumes compared to the previous quarter's unprecedented results. According to the International Data Corporation, IDC),Worldwide Quarterly Mobile Phone Tracker, vendors shipped a total of 336.5M smartphones worldwide in the first quarter of 2015, up 16.7% from the 288.5M units in 1Q14 but down by -10.9% from the 377.5M units shipped in 4Q14. In the overall mobile phone market (smartphones plus feature phones), vendors shipped 458.9M units worldwide, down a mere -0.1% from the 459.3M units shipped in 1Q14...Samsung (SSNLF) remained the overall market leader thanks to stable demand for its Galaxy S series flagship smartphones overall, as well as increased shipments of lower-end models, particularly to regions like Southeast Asia, the Middle East, and Africa....Apple (AAPL) continued to find success with larger screened iPhones, which produced its strongest second quarter ever with 61.2M units shipped. Much of the success this quarter came out of Greater China as rapid 4G adoption, Apple retail expansion, and an increased appetite for premium devices elevated the brand to new levels. Overall, the iPhone grew 40% year over year and a remarkable 63% in emerging markets." Reference Link
05:46 EDTSSNLFSamsung sees Q2 strong mobile demand in memory by new flagship smartphones
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05:43 EDTSSNLFSamsung reports Q1 revenue KRW 47.12T vs. KRW 53.68T last year
Reports Q1 operating profit KRW 5.98T vs. KRW 8.49T last year. Reports Q1 net profit KRW 4.63T vs. KRW 7.57T last year. Reports Q1 ROE 11% vs. 20% last year. Reports Q1 EBITDA margin 22% vs. 23% last year. Reports Q1 Consumer Electronics revenue KRW 10.26T vs. KRW 11.32 last year. Reports Q4 IT & Mobile communications revenue KRW 25.89T vs. KRW 32.44T. Reports Q4 Device Solutions revenue KRW 17.10T vs. KRW 15.56T last year. Reports Q4 Display Panel revenue KRW 6.85T vs. KRW 6.10T last year.
April 28, 2015
19:42 EDTSSNLFSamsung reports Q1 revenue 47.12T Won, Bloomberg says
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April 27, 2015
05:58 EDTSSNLFAMD to launch Godavari APUs at end of May, DigiTimes reports
AMD (AMD) plans to launch Godavari series APUs at the end of may to compete with Intel's (INTC) Broadwell and Skylake platforms, reports DigiTimes. According to Taiwan-based supply chain makers, AMD will launch 14nm Summit Ridge APUs to be produced by Samsung (SSNLF) and Globalfoundries in 2016 and the Raven Ridge-series in 2017. Reference Link
05:58 EDTSSNLFSamsung holds leading position in 4K TV panel shipments in Q1, DigiTimes says
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April 22, 2015
12:31 EDTTSMOn The Fly: Top stock stories at midday
Stocks on Wall Street were higher at midday after having been on a bit of a see-saw during morning trading. The averages opened in positive territory, soon turned negative, then back into positive ground following the release of a better than expected existing home sales report. The housing data was followed by a lift in the averages, which remained in positive ground near noon. ECONOMIC EVENTS: In the U.S., existing home sales rose 6.1% to a 5.19M rate in March, which was better than the expected 3.1% increase to a rate of 5.03M. Crude oil inventories built up by 5.32M barrels last week, which was more than the consensus forecast for a 3.2M barrel build. In Asia, Japan's Nikkei 225 average closed above 20,000 for the first time since April 2000. In Europe, Germany raised its economic growth forecast for 2015 to 1.8%, which was up from the 1.5% growth it said it expected in January. COMPANY NEWS: Shares of McDonald's (MCD) advanced 2% after the company reported headline earnings that missed expectations but also said it is developing a turnaround plan to improve its performance and deliver "enduring profitable growth" that it plans to share in the first week of May. Also rising after its quarterly report was another globally recognized brand, Coca-Cola (KO), whose shares gained 1% after its comparable earnings per share topped the consensus estimate. A third member of the Dow, Boeing (BA), slid over 2.5% after its earnings beat expectations but its revenue fell short of the consensus forecast... Visa (V) rose 5% and MasterCard (MA) advanced over 4% after China's State Council announced overnight that the country will regulate the market access for bankcard transaction clearing institutions, which analysts think might allow both companies to compete for the processing of domestic transactions in the country. MAJOR MOVERS: Among the notable gainers was Angie's List (ANGI), which jumped 12% after the company reported it was profitable in the first quarter and announced an exclusive relationship that will see carpet manufacturer Shaw Industries give the company's members exclusive product offers. Also higher was ASML (ASML), which gained 11% after announcing that it has signed an agreement with one of its "major U.S. customers" to deliver a minimum of 15 ASML EUV, or Extreme Ultraviolet, lithography systems. Afterward, Summit Research said it thinks the most likely buyer is Intel (INTC), which the firm believes does not want to be left behind if TSMC (TSM) puts EUV to use in 10nm processing. Among the noteworthy losers was Natural Resource Partners (NRP), which dropped 19% after the company slashed its quarterly distribution by 75% to 9c per unit. Also lower following their earnings reports were ADTRAN (ADTN), which fell over 9%, Cree (CREE), which slid 9%, and Chipotle Mexican Grill (CMG), which declined 6%. INDEXES: Near midday, the Dow was up 28.69, or 0.16%, to 17,978.28, the Nasdaq was up 6.66, or 0.13%, to 5,020.77, and the S&P 500 was up 5.24, or 0.25%, to 2,102.53.
09:32 EDTTSMASML large EUV tool order likely from Intel, says Summit Research
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April 21, 2015
10:55 EDTTSMStreet Check: Lam Research defenders rewarded with post-earnings jump
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10:34 EDTSSNLFCorning sapphire glass rumored to be in new Apple iPhone, PatentlyApple says
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05:59 EDTSSNLFReport: Samsung considers moving LCM business from S Korea, DigiTimes says
Samsung Display is considering moving its LCD module business to China or Vietnam from South Korea, reports DigiTimes. According to a Korean-language AJU Business Daily report, the move comes after related labor expenses in South Korea is rising dramatically. Since the assembly of LCD modules still require heavy manual labor, Samsung Display is looking to move production lines out of South Korea to save costs. Reference Link
April 20, 2015
14:48 EDTSSNLFQualcomm to have Samsung foundry make next high-end chip, Re/code says
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10:11 EDTTSMOptions with decreasing implied volatility
Options with decreasing implied volatility: BPT WETF NFLX BMRN SNDK STX TSM MAT FAST INTC
07:30 EDTTSMApplied Materials added to Franchise Picks list at Jefferies
Jefferies added Applied Materials (AMAT) to its Franchise Picks list with the stock down 14% year-to-date. The firm attributes the pullback to concerns around tool reuse, and notes it still expects foundry capital spending to increase amid "increased process complexity and competition." Jefferies' work indicates TSMC's (TSM) and Intel's (INTC) capex cuts were driven by market share losses rather than innovation in tool reuse. It keeps a Buy rating on AMAT with a $29 price target.
05:44 EDTTSMTSMC to open new fab for 10nm manufacturing in 2016, DigiTimes reports
TSMC Chairman Morris Chang said the company will break ground for a new fab at its 12-inch wafer plant in Taiwan in June 2016, reports DigiTimes. Chang said TSMC never competes directly with its fabless clients and treats them as partners. Reference Link

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