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Stock Market & Financial Investment News

News Breaks
January 9, 2014
06:47 EDTWILN, TOSBFWi-LAN, Toshiba reach agreement to end litigation, terms confidential
Wi-LAN (WILN) announced that Toshiba (TOSBF) and WiLAN have agreed to end pending litigation in Florida between the parties concerning certain television patents. As part of the agreement, Toshiba will receive a license to certain WiLAN patents. All other terms of the agreement are confidential.
News For WILN;TOSBF From The Last 14 Days
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September 16, 2014
10:30 EDTWILNWi-LAN unit acquires patent portfolio
WiLAN announced that a subsidiary has acquired a portfolio of patents that relate to technology used in Smart Meters that are deployed in the energy market. All terms of the agreement are confidential.
September 15, 2014
10:31 EDTWILNWi-LAN unit enters license agreement with Wincor
WiLAN announced that the company's subsidiary, Open Network Solutions, entered into a license agreement with Wincor Nixdorf and Wincor Nixdorf, collectively known as Wincor. The licensed patents relate to networking capabilities of non-standard devices.
September 12, 2014
16:20 EDTTOSBFOn The Fly: Closing Wrap
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14:16 EDTTOSBFToyota news doesn't affect Mobileye near-term growth potential, says Wells Fargo
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14:01 EDTTOSBFMobileye sinks after report says Toyota likely to use competitor
Shares of Mobileye (MBLY) are falling after the Nikkei newspaper reported today that Toshiba (TOSBF) is going to make many system chips for automatic driver-assist systems, or ADAS. Toyota (TM) will likely incorporate the chips into vehicles it will release in fiscal year 2015, the newspaper added. Mobileye designs software and chips for camera-based advanced ADAS. WHAT'S NEW: Toshiba plans to begin mass producing the ADAS chips - which will analyze images to help cars respond correctly to traffic lights and avoid dangers on the road - in 2015, Nikkei reported. The chips will be placed in safety systems by another company, Denso, before they are shipped to Toyota, Nikkei noted. WHAT'S NOTABLE: On September 9, Citigroup raised its price target on Mobileye to $62 from $48, as the firm was more confident about the company's chances of landing Toyota as a client after attending the first day of the ITS World Congress. Although Toyota is one of the few large auto makers not utilizing Mobileye's technology, the Japanese giant does recognize Mobileye's distinct technological advantages and expects to obtain ADAS components from more suppliers over the medium term, according to the firm, which kept a Buy rating on Mobileye. However, Deutsche Bank expressed some caution on the stock earlier this week when it downgraded the shares on valuation concerns. But the firm said that it continued to be upbeat about the company's long-term prospects. PRICE ACTION: In mid-afternoon trading, Mobileye slumped $2, or 4%, to $52. The shares debuted on August 12 at about $32.
13:11 EDTTOSBFToshiba to supply chips for Toyota driver-assistance systems, Nikkei says
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06:30 EDTTOSBFGlobal tablet shipments to increase 9.1% in Q3, DigiTimes Research reports
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September 9, 2014
08:03 EDTTOSBFToshiba announces availability of 2014 4K Ultra HD TVs
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06:55 EDTTOSBFToshiba CEO aims to invest $1.9B yearly in chip division, Reuters says
Toshiba CEO Hisao Tanaka said that the company aims continue investing approximately $1.9B yearly into its chip division beyond FY14, according to Reuters, citing comments from Tanaka. Reference Link
05:22 EDTTOSBFToshiba, SanDisk start construction of Fab 2 facility at Yokkaichi, Japan
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September 5, 2014
11:39 EDTTOSBFIntel launches Core M processor, available Holiday 2014
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September 4, 2014
06:30 EDTTOSBFIDC: Phablet shipments to pass PCs in 2014, tablets in 2015, DigiTimes reports
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