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Stock Market & Financial Investment News

News Breaks
March 20, 2012
06:31 EDTYHOO, MSFTYahoo researcher Ramakrishnan to join Microsoft, AllThingsD reports
Raghu Ramakrishnan, a respected Yahoo (YHOO) researcher and the author of "Database Management Systems," is leaving the company to join Microsoft (MSFT), AllThingsD reports. The chief scientist for search and cloud platforms at Yahoo Labs will be a fellow on Microsoft's SQL team, sources say. Reference Link
News For YHOO;MSFT From The Last 14 Days
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October 9, 2014
06:41 EDTMSFTMicrosoft initiated with a Market Perform at BMO Capital
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06:31 EDTMSFTFiling says Sony to begin console packaging in China, Bloomberg says
A filing on the website of the China Pilot Free Trade Zone said that Sony (SNE) is aiming to begin packaging over 200K new video game consoles starting in December in China, according to Bloomberg, citing the filing which was verified as authentic by a spokesman for Sony Computer Entertainment. The company is looking to accumulate sales in the country as the end of a 14-year ban on the devices approaches. Microsoft (MSFT) already began selling Xbox Ones in China. Reference Link
06:24 EDTMSFTMicrosoft rumored to cancel Surface tablet business, DigiTimes reports
Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for its Surface Pro 3 tablet, reports DigiTimes. According to sources from the upstream supply chain, the first and second generation Surface tablets are estimated to have created losses of about $1.7B. Reference Link
October 8, 2014
16:56 EDTMSFTGartner says worldwide PC shipments in Q3 declined 0.5%
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06:19 EDTYHOOYahoo lays off 400 employees in India, WSJ reports
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06:13 EDTMSFTNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
October 7, 2014
12:50 EDTMSFTSamsung aiming for arbitration versus Microsoft, Bloomberg says
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12:45 EDTMSFTMicrosoft near deal to buy text analysis start-up for about $200M, WSJ says
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12:45 EDTMSFTMicrosoft to hold cloud event on October 20
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10:52 EDTMSFTNokia suspends handset production at Chennai facility, Reuters reports
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10:02 EDTYHOOYahoo volatility at low end of one-year range
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09:40 EDTYHOOYahoo lays off up to 2,000 employees in India, TechCrunch reports
Yahoo has laid off up to 2,000 employees in India as a result of a move to consolidate into fewer offices, TechCrunch reports, citing local blog The Next Big What. Yahoo has confirmed the consolidation, but did not confirm how many people are affected by the effort. Reference Link
09:24 EDTYHOOFormer Yahoo CFO says AOL merger makes 'little sense,' CNBC reports
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07:48 EDTMSFTU.S. Chamber of Commerce to hold a discussion
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07:00 EDTMSFTReport says 100K Xbox Ones sold throughout China, Kotaku says
A report from Chinese video games news website 17173 said that Shanghai Media Group vice-president Zhang Dazhong accidentally noted that over 100K Microsoft Xbox One consoles sold throughout China during the first week they were launched, according to Kotaku, citing the report from 17173. Reference Link
October 6, 2014
13:18 EDTYHOOYahoo confirms compromised servers
In an email to cyber security expert Jonathan Hall, Yahoo confirmed that Hall had discovered the process that a group of Romanian hackers used to infiltrate the website. Hall had also found the hackers' methods for their breach of the websites of WinZip and Lycos. The email written by Yahoo's Ricky Connell who is involved with the company's paranoids, threat response, intelligence said, "We've found the tracks mentioned in your email and are working through our IR process." Reference Link
12:34 EDTYHOOYahoo confirms breach, says hack didn't disclose customer data, Bloomberg says
Bloomberg cites an emailed statement from Yahoo about a breach of its servers related to the "shellshock" bug.
06:37 EDTYHOOYahoo planning big brand marketing push, AdAge says
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06:21 EDTMSFTMicrosoft 2015 solution may not help suppress Chromebook growth, DigiTimes says
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06:08 EDTYHOOYahoo in talks to invest in Snapchat, WSJ reports
Yahoo (YHOO) is reportedly in talks to invest in Snapchat, the Wall Street Journal reported on Friday. The deal discussions come on the heels of Alibaba’s (BABA) IPO, the Journal says. According to sources, Yahoo has committed to an investment in Snapchat at a $10B valuation, and one source says Yahoo could invest around $20M. Reference Link
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