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Barron's Says Disney Not Interested In IMAX
Friday, December 31, 2010 - 3:51pm | 158According to a Barron's source, the rumors surrounding Disney (NYSE: DIS) and IMAX Corp. (NASDAQ: IMAX) are "pure fiction." The Daily Mail had previously reported that Sony (NYSE: SNE) was preparing a $40 bid for the cinema chain. The newspaper also suggested that Disney was interested in an...
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IMAX: "Not Aware Of Any Corporate Developments To Account For This Activity"
Friday, December 31, 2010 - 3:00pm | 150IMAX Corp. (NASDAQ: IMAX) released a statement a few minutes ago saying that it is not aware of any corporate developments to account for the unusual activity in its stock price. The Company's policy is not to comment on rumors or speculation, and accordingly does not intend to comment further. An...
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More Rumors About Potential Sony & Imax Deal (SNE, IMAX)
Friday, December 31, 2010 - 1:20pm | 232This morning Benziinga reported that Sony (NYSE: SNE) and Imax (NASDAQ: IMAX) were potentially in talks over a merger, with Sony buying Imax at $40 per share. The report first came from the Daily Mail in the U.K. Wall Street refuted those rumors, as shares in Imax started to come well off their...
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Imax Corporation Shares Soar To 52-Week High on Sony Buyout Rumor (IMAX, SNE)
Friday, December 31, 2010 - 12:36pm | 158Shares of Imax Corporation (Nasdaq: IMAX) are trading up 12% at $30.07 per share during the Friday morning trading session. The stock has been rising since the Daily Mail reported that Sony Corporation (NYSE: SNE) may be ready to offer more than $40 per share for Imax Corporation. The day's range...
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Suitors Emerge For IMAX? (SNE, DIS)
Friday, December 31, 2010 - 11:30am | 88A report in the London Daily suggested that Sony Corp. (NYSE: SNE) may be prepared to bid more than $40 per share for the cinema chain and that Walt Disney (NYSE: DIS) may also be interested in acquiring the company. IMAX shares jumped as much as 13% in pre-market trading and are currently up 9.53...
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Call Volume Explodes as IMAX Corporation Pops (IMAX)
Friday, December 31, 2010 - 11:29am | 186Shares of IMAX Corporation (NASDAQ: IMAX) are higher on the session by 11.58%, currently trading at $29.97. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. The has been some chatter this morning that IMAX may...
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Hearing Merriman Negative On IMAX Buyout (IMAX, SNE)
Friday, December 31, 2010 - 11:10am | 72Hearing rumors that IMAX may see negative pressure from Merriman comments on the validity of a $40 Sony (NYSE: SNE) buyout offer. Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that...
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Pre-Market Outlook (SNE, IMAX, BGP)
Friday, December 31, 2010 - 9:55am | 156Today is the last day of trading in 2010, and futures are slightly weaker 40 minutes before the start of trading. At last check, Dow futures were off 31 points, the S&P 500 futures were lose by 3.3 point and the NASDAQ futures ere lower by 1 point. The FTSE and the CAC 40 both closed in the red...
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Zings Of The Day (JPM, SNE)
Thursday, December 30, 2010 - 5:00pm | 112Sony (NYSE: SNE) filed a lawsuit against LG, saying LG is infringing on Sony's patents on mobile phones. It's a good thing LG isn't infringing on Sony's ability to lose relevance is most markets. Then it would really have an issue. J.P. Morgan (NYSE: JPM) is being sued over partaking in a Ponzi...
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Kodak Partners with NEC Corp. - Analyst Blog
Wednesday, December 29, 2010 - 8:33am | 547Eastman Kodak Company (EK) signed a license agreement with Tokyo based NEC Corp. in order to access each other's patent portfolio. The agreement is expected to strengthen Kodak's intellectual property portfolio. Kodak carries out numerous expansion programs and continuously launches new...
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Kodak Partners with NEC Corp. - Analyst Blog
Tuesday, December 28, 2010 - 2:33pm | 553Eastman Kodak Company (EK) signed a license agreement with Tokyo based NEC Corp. in order to access each other's patent portfolio. The agreement is expected to strengthen Kodak's intellectual property portfolio. Kodak carries out numerous expansion programs and continuously launches new...
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Kodak Partners with NEC Corp. - Analyst Blog
Tuesday, December 28, 2010 - 2:15pm | 553Eastman Kodak Company (EK) signed a license agreement with Tokyo based NEC Corp. in order to access each other's patent portfolio. The agreement is expected to strengthen Kodak's intellectual property portfolio. Kodak carries out numerous expansion programs and continuously launches new...
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Kodak Partners with NEC Corp. - Analyst Blog
Tuesday, December 28, 2010 - 2:15pm | 547Eastman Kodak Company (EK) signed a license agreement with Tokyo based NEC Corp. in order to access each other's patent portfolio. The agreement is expected to strengthen Kodak's intellectual property portfolio. Kodak carries out numerous expansion programs and continuously launches new...
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OmniVision Trading Down Today - Is Sony To Blame? (OVTI, SNE)
Monday, December 27, 2010 - 2:08pm | 122OmniVision Technologies, Inc. (NASDAQ: OVTI) is down 1.51% today, trading at $29.30 per share. This development follows an announcement by Sony Corporation (NYSE: SNE), which said that it plans to double its production capacity for image sensors with a $1.2 billion investment. Sony will buy back a...
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A Peek Into The Market Before The Trading Starts
Thursday, December 23, 2010 - 9:00am | 565Pre-open movers US stock futures are mixed this morning as investors are awaiting economic data ahead of pre-Christmas holidays. Futures on the Dow Jones Industrial Average gained 5 points at 11,500 and S&P 500 index fell 0.80 point to 1,254. Nasdaq 100 futures dropped 4.75 points to 2,231. A...