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Stock Market & Financial Investment News

News Breaks
August 15, 2014
16:10 EDTLNVGY, IBMIBM issues statement on U.S. regulatory approval of x86 server sale to Lenovo
IBM (IBM) released the following statement. "IBM is pleased to announce it has received notice from the Committee on Foreign Investment in the United States, or CFIUS, of the successful conclusion of the committee’s review of the divestiture of its x86-based server business to Lenovo (LNVGY). The clearance by CFIUS of this transaction is good news for both IBM and Lenovo, and for our customers and employees. The parties now look forward to closing the transaction. The approval of the $2.3B sale to Lenovo enables IBM to focus on system and software innovations that bring new kinds of value to IBM clients in areas such as cognitive computing, Big Data and cloud, and provides clarity and confidence to current x86 customers that they will have a strong partner going forward."
News For IBM;LNVGY From The Last 14 Days
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May 22, 2015
06:18 EDTLNVGYBlackBerry an acquisition target after return to profitability, Digitimes says
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May 21, 2015
15:10 EDTIBMEarnings Watch: HP buys Aruba, forms Chinese joint venture with split nearing
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06:51 EDTLNVGYLenovo Group ships 18.7M smartphones in Q4
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06:50 EDTLNVGYLenovo Group reports Q4 China revenue $3.1B
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06:49 EDTLNVGYLenovo Group reports Q4 EPS 90c vs. $1.51 last year
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May 20, 2015
08:27 EDTLNVGY, IBMIBM unit sale to Lenovo raises saftey concerns for Navy, WSJ reports
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06:25 EDTLNVGYGoogle seeks new partners for next-generation Nexus phones, DigiTimes reports
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05:57 EDTIBMSAP CEO says Salesforce unlikely to be acquired, Reuters reports
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May 19, 2015
13:05 EDTIBMSalesforce deal talks may have 'died down,' dealReporter says
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09:03 EDTIBMIBM and United Business Group partner to accelerate hybrid cloud adoption
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07:34 EDTIBMIBM invests in WayBlazer and Sellpoints
IBM announced two new investments in WayBlazer and Sellpoints to advance online travel and shopping apps powered by Watson. The announcement is part of IBM's $100M commitment to drive new innovations and business solutions that build on Watson and follows the company's recent investments in Modernizing Medicine and Pathway Genomics. The financial terms of IBM's investments were not disclosed.
May 18, 2015
07:27 EDTIBMJPMorgan to hold a conference
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May 15, 2015
16:32 EDTIBMBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
05:59 EDTLNVGYLenovo interested in acquiring Micro-Star gaming notebook unit, DigiTimes says
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May 14, 2015
14:37 EDTLNVGYLenovo rumored to plan Smart TV venture with Alibaba, Marbridge Daily says
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May 13, 2015
09:03 EDTIBMIBM partners with Teleflora for large florists network
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May 11, 2015
09:56 EDTLNVGYIDC: Apple leads smartphone vendors in China during Q1
IDC’s latest Mobile Phone Tracker shows the China smartphone market contracted by 4% year-on-year with 98.8M units shipped in the first quarter of 2015. This is the first time in six years that the China smartphone market declined YoY as the market continues to mature. On a QoQ basis, the market contracted 8% on the back of a large inventory buildup at the end of last year. The study said Apple (AAPL) was the top smartphone vendor in China in the first quarter, with consumers still having a strong appetite for the larger screens on the iPhone 6 and iPhone 6 Plus. Xiaomi slipped to the second position as it faced strong competition from other vendors in the low to mid-range segment of the market, while Huawei maintained third position as it saw a good uptake in the mid-range segment. Samsung (SSNLF) and Lenovo (LNVGY) both led the market at least once last year, but rankings have since changed quickly, highlighting the volatility of consumers' brand preference in China. Reference Link

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