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Company Overview and News

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As Cars Collect More Data, Companies Try to Move It All Faster - The New York Times

2018-08-16 nytimes
Speed has always been part of the mystique of the automotive business. But cars have been notoriously slow when it comes to handling information. It is a problem that has only become more pressing as the era of autonomous vehicles looms, with competing interests racing to be the first with a solution.
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Graph Blockchain Secures Contract With LG Electronics

2018-08-15 globenewswire
TORONTO, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G) is pleased to announce that its JV company, Graph Blockchain Limited (“GBC” or “Graph”), has signed a contract for approximately $300,000 CAD with LG Electronics. This contract is to build a private blockchain solution for its global logistics platform.
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Sprint partners with LG to launch 5G smartphone in 2019

2018-08-15 reuters
(Reuters) - Sprint Corp (S.N) said Tuesday it has partnered with phone manufacturer LG Electronics Inc (066570.KS) to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.
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LG joins list of tech firms entering Toronto’s AI scene

2018-08-01 bworldonline
LG ELECTRONICS Inc., which has been integrating artificial-intelligence (AI) functions into its home appliances and smartphones, is launching its first Canadian AI lab, the latest company seeking talent in the country’s burgeoning tech industry.
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PRESS DIGEST- Canada-Aug 1

2018-08-01 reuters
August 1 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
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1
Enphase Energy Inc.'s (ENPH) CEO Badri Kothandaraman on Q2 2018 Results - Earnings Call Transcript

2018-08-01 seekingalpha
Enphase Energy Inc. (NASDAQ:ENPH) Q2 2018 Results Earnings Conference Call July 31, 2018 4:30 PM ET
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These eight home appliances are now cheaper by 7-10% after GST rate cut

2018-07-28 moneycontrol
Refrigerators, televisions, food processors and washing machines will be at least 7-10 percent cheaper starting July 28. With the goods and services tax (GST) for several white goods trimmed from 28 percent to 18 percent with effect from July 27, several consumer durable firms have slashed the prices of products.
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25
Enphase Energy: A Sham Turnaround

2018-07-27 seekingalpha - 4
Prescience Point’s analysis indicates that the 43.7% or 804 bps expansion in ENPH’s gross margin over the past three quarters is almost entirely attributable to potentially improper accounting.
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LG Electronics Inc. 2018 Q2 - Results - Earnings Call Slides

2018-07-26 seekingalpha
The following slide deck was published by LG Electronics Inc. in conjunction with their 2018 Q2 earnings call.
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LG Electronics' net profit falls 43 percent on mobile loss

2018-07-26 nzherald.co.nz
SEOUL, South Korea (AP) — LG Electronics says its second-quarter net profit dropped 43 percent as its mobile business logged a bigger loss.
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UPDATE 1-LG Electronics says Q2 profit climbs 16 pct, but trade rows cloud outlook

2018-07-26 reuters
SEOUL, July 26 (Reuters) - South Korean consumer appliance maker LG Electronics Inc said second-quarter profit jumped 16 percent, helped by strong television sales, but warned U.S. trade spats with China and Europe cast a cloud on its business outlook.
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1
Whirlpool results hit by tariff-driven steel costs, shares sink

2018-07-24 malaymail
NEW YORK, July 25 — Home appliance manufacturer Whirlpool Corp, an early supporter of tariffs to protect US washing machines, said yesterday that US tariffs on steel and aluminium were raising sharply the costs of raw materials, contributing to a slump in second-quarter earnings, and shares fell 15 per cent to a two-year low.
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Trucker strikes and tariffs: Whirlpool lists the reasons for its earnings miss - MarketWatch

2018-07-24 marketwatch
Whirlpool shares sink more than 13%, on pace for the largest percent decrease since October 2011
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Cadence Design Systems Inc. (CDNS) CEO Lip-Bu Tan on Q2 2018 Results - Earnings Call Transcript

2018-07-24 seekingalpha
Cadence Design Systems Inc. (NASDAQ:CDNS) Q2 2018 Earnings Conference Call July 23, 2018 5:00 PM ET
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5
EU mergers and takeovers (July 19)

2018-07-19 reuters
BRUSSELS, July 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
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CUSIP: 50186Q103