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Stock Market & Financial Investment News

News Breaks
January 28, 2014
11:22 EDTIBM, LNVGYLenovo reorganizing around PC, Mobile, Enterprise and Cloud, WSJ says
Lenovo Group (LNVGY), days after announcing plans to buy IBM's (IBM) low-end server business, said it will reorganize into four business groups instead of the current two, effective April 1, reported The Wall Street Journal, citing a company spokesman who said the reorganization wasn't triggered by the recent deal with IBM. Lenovo will have four groups in the new structure, namely PC, mobile, enterprise, and an "ecosystem and cloud" unit focused on content and services. Reference Link
News For LNVGY;IBM From The Last 14 Days
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August 28, 2015
09:02 EDTIBMIBM and GENCI announce collaboration
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05:52 EDTLNVGYTrendforcce expects global tablet shipments to reach 163M units, DigiTimes says
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August 27, 2015
13:49 EDTIBMIBM volatility elevated on wide price movement
IBM current 30-day call option implied volatility is at 23, compared to a one-month ago level of 18, suggesting large price movement.
August 26, 2015
08:40 EDTIBMIBM upgraded to Buy at Argus on valuation, easier comps
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08:35 EDTLNVGYLenovo added to Best of Bernstein list at Bernstein
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07:44 EDTIBMIBM upgraded to Buy from Hold at Argus
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August 25, 2015
13:13 EDTLNVGYGerman court rejects Apple 'slide to unlock' patent appeal, Reuters says
The German Federal Court of Appeals has ruled that Apple's (AAPL) patents covering its "slide to unlock" smartphone feature are invalid, reports Reuters. The patent dispute was originally filed by Motorola Mobility, previously owned by Google (GOOG) but now a unit of Lenovo (LNVGY), according to the report. Reference Link
August 24, 2015
06:16 EDTLNVGYLenovo could raise PC prices in China, DigiTimes reports
Lenovo may look to raise prices of PCs in China at the end of this month due to the Chinese yuan depreciation, sources from the upstream supply chain tell DigiTimes. The sources, who say Acer and Asustek Computer will follow suit in September, add that Lenovo will raise prices in Southeast Asia following the price increases in China. Reference Link
August 21, 2015
12:13 EDTIBM, LNVGYBrocade soars after Q3 results top estimates
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06:01 EDTIBM, LNVGYABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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August 20, 2015
18:07 EDTLNVGY, IBMBrocade seeing pressure in server business due to IBM-Lenovo deal
Brocade (BRCD) says "where we've really seen pressure has been in our server related business," due to market conditions as well as divestiture of IBM's (IBM) commodity business to Lenovo (LNVGY). Says growth of flash storage continues to be one of the "most disruptive" factors in data center. Comments taken from Q3 earnings conference call.
August 18, 2015
08:08 EDTLNVGYBrocade expands OEM relationship with Lenovo
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August 17, 2015
09:03 EDTLNVGYLenovo, StorMagic to offer software-defined-storage for small business
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07:39 EDTIBMTMC to hold a conference
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07:30 EDTLNVGYLenovo weakness overdone, says Bernstein
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August 16, 2015
13:59 EDTIBMIBM product development strategy leaves cause for concern, Barron's says
IBM's hefty dividend and buyback programs have expended upward of 80% of operating cash flow in the past three years, and the company's "thin" R&D investments should give investors a "reason to be concerned," Barron's contends in its 'Technology Trader' column. Reference Link

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