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Stock Market & Financial Investment News

News Breaks
March 21, 2014
08:25 EDTUPIP, UPIP, LNVGY, LNVGYUnwired Planet to host conference call
Conference call to discuss patent license and patent purchase transaction with Lenovo will be held on March 21 at 8:30 am. Webcast Link
News For UPIP;LNVGY From The Last 14 Days
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July 22, 2014
18:33 EDTUPIPOn The Fly: After Hours Movers
UP AFTER EARNINGS: Broadcom (BRCM), consensus up 3% after reporting second quarter results... Intuitive Surgical (ISRG), up 10.4%... Manhattan Associates (MANH), up 3%... Robert Half International (RHI), up 3.9%... Hawaiian Holdings (HA), up 3.1%... Microsoft (MSFT), up just under 1%... FMC Technologies (FTI), up 1.1%. ALSO HIGHER: Ballard Power Systems (BLDP), up 2.7% following purchase order from New Flyer Industries... Unwired Planet (UPIP), up 2.4% after filing a lawsuit against Microsoft for breach of contract. NOTABLE: Puma Biotechnology (PBYI), up 193.8% after reporting positive top line results from Phase III PB272 trial. DOWN AFTER EARNINGS: Xilinx (XLNX), down 8.7%... Apple (AAPL), down after reporting third quarter results and fourth quarter guidance... Juniper Networks (JNPR), down 4.7%... ALSO LOWER: Farmland Partners (FPI), down 3.8% after filing to sell 3.72M shares of common stock.
16:57 EDTUPIPUnwired Planet files suit against Microsoft
Unwired Planet (UPIP) announced that it has sued Microsoft (MSFT) for breach of contract and declaratory judgment in the U.S. district court of Delaware. This action relates to the licensing agreement the two companies entered into in September 2011. "Microsoft owes Unwired Planet licensing fees under a previous agreement,” stated Phil Vachon, chairman of Unwired Planet. The complaint was filed under seal in order to protect the confidentiality of certain terms of the parties’ agreement.
06:17 EDTLNVGYGlobal notebook shipments to increase 4.3% in Q3, DigiTimes Research says
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July 21, 2014
06:02 EDTLNVGYLenovo says not getting out of small-screen Windows tablet business
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July 18, 2014
12:41 EDTLNVGYLenovo to stop selling small-screen Windows tablets in U.S. PCWorld says
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July 15, 2014
06:11 EDTLNVGYSamsung, HiSilicon to sell more handset solutions to vendors, DigiTimes says
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July 10, 2014
06:26 EDTLNVGYTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:18 EDTLNVGYIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
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July 9, 2014
18:50 EDTLNVGYOn The Fly: After Hours Movers
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18:17 EDTLNVGYHP, Lenovo shares up fractionally following PC shipment data
Shares of HP (HPQ) and Lenovo (LNVGY) are up fractionally after second quarter PC shipment data was released by Gartner and IDC. WHAT'S NEW: After eight quarters of declining shipments, worldwide PC shipments experienced flat growth in the second quarter of 2014, according to preliminary results by Gartner (IT). Worldwide PC shipments totaled 75.8M units in the second quarter, a 0.1% increase from the second quarter of 2013. According to the International Data Corporation, or IDC, Worldwide Quarterly PC Tracker, Worldwide PC shipments totaled 74.4M units in the second quarter of, a year-on-year decline of -1.7%. The results reflect the smallest decline in global PC shipments since the second quarter of 2012 when declining shipments of mini notebooks combined with a surge in tablet sales to disrupt the PC market. WHAT'S NOTABLE: According to IDC, the U.S. market showed strong 6.9% year-on-year growth in the second quarter. Continuing upgrades of Windows XP systems boosted shipments in commercial portables and desktops, helping the commercial segment. At the same time, retail acceptance of emerging product categories such as Chromebooks and ultraslims helped the consumer segment to stabilize. HP continued to hold the lead and gained 2% market share while four of the top 5 vendors experienced double-digit growth for the quarter. Lenovo and Toshiba (TOSBF) took advantage of some consumer interest in Windows 8 and a push to build up their presence in large enterprises. According to Gartner, Lenovo extended its lead as the leader in worldwide PC shipments, as its worldwide market share increased to 19.2%. Lenovo’s PC shipments grew by double-digits in all regions except Asia/Pacific. Lenovo’s shipment growth in Asia/Pacific was still faster than the regional average. OTHERS TO WATCH: Apple (AAPL), down marginally.

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