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Stock Market & Financial Investment News

News Breaks
June 17, 2014
07:02 EDTLNVGY, NVDALenovo, NVIDIA to collaborate on visualization technology solution
Lenovo (LNVGY) announced its collaboration with NVIDIA (NVDA), Magma and Hue to develop a new visualization technology solution for exploration geophysics. The combined solution leverages Lenovo ThinkStation D30 workstations, NVIDIA Tesla K40 GPU accelerators and Magma GPU expansion technology to power Hue’s visualization technology for exploration and production application development, providing the ability to render massive amounts of geophysical visualization data in seconds.
News For LNVGY;NVDA From The Last 14 Days
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August 26, 2014
12:04 EDTNVDAVMware, NVIDIA, Google announce graphics collaboration
VMware (VMW), NVIDIA (NVDA) and Google (GOOG) announced a collaborative effort to deliver high-performance virtual desktops and workstation-class graphics to Google Chromebooks. The joint effort is expected to expand the hardware options for high-performance virtual desktops, VMware said.
08:55 EDTNVDAEU antitrust regulators could open Qualcomm investigation, Reuters reports
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07:20 EDTNVDA, LNVGYTablets seen declining, notebooks growing in 2014, DigiTimes says
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August 24, 2014
21:56 EDTNVDAB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
August 21, 2014
11:44 EDTLNVGYHP hits 52-week high after solid revenue growth, positive analyst commentary
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August 20, 2014
06:12 EDTLNVGYLenovo to decrease notebook production outsourcing, DigiTimes reports
Lenovo plans to reduce notebook outsourcing as it raises in-house notebook production in 2015, reports DigiTimes. Citing Taiwan-based supply chain makers based on Lenovo's requests for quotation for 2015, total outsourcing orders will decrease by over 3M units on year and the correpsonding proportion of targets is expected to slip to 40% from 50%. Reference Link
August 15, 2014
16:10 EDTLNVGYIBM issues statement on U.S. regulatory approval of x86 server sale to Lenovo
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August 14, 2014
06:19 EDTLNVGYLenovo sees opportunities outside of China for smartphone business, WSJ reports
Lenovo CEO Yang Yuanqing tells the Wall Street Journal that although that China is still the most important market for its smartphone business, the company sees additional opportunities outside China. Reference Link
August 13, 2014
21:13 EDTLNVGYLenovo Group reports Q1 EPS $2.03 vs. $1.65 last year
Reports Q1 revenue $10.4B vs. $8.79B last year. Lenovo said it maintained its number three ranking in smart connected devices growing shipments by 28% year-over-year. It has been the world’s largest PC maker for five consecutive quarters with its highest-ever quarterly market share of 19.4% up 2.7 points year-over-year.

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