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Stock Market & Financial Investment News

News Breaks
January 17, 2014
06:47 EDTLNVGYCompal president denies report that Lenovo plans to buy JV stake, DigiTimes says
Compal has denied rumors that Lenovo plans to acquire the company's 49% stake in their joint venture LCFC Electronics Technology, reports DigiTimes. At a corporate event on January 16, Compal president Ray Chen denied the rumors but said the company is willing to negotiate an acquisition price. Reference Link
News For LNVGY From The Last 14 Days
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April 17, 2014
16:08 EDTLNVGYUnwired Planet closes Lenovo patent license and purchase transaction
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April 16, 2014
12:30 EDTLNVGYEarnings Preview: Cantor more upbeat than Citi on IBM ahead of report
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April 14, 2014
06:09 EDTLNVGYLenovo sees 200% increase in PC sales to small, medium businesses, DigiTimes say
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April 10, 2014
06:49 EDTLNVGYMotorola Mobility names Osterloh COO
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06:23 EDTLNVGYIDC says worldwide PC shipments totaled 73.4M units in Q1, down 4.4% y/y
Worldwide PC shipments totaled 73.4 million units in 1Q14, a decline of -4.4% year on year, according to the International Data Corporation Worldwide Quarterly PC Tracker. Although still in decline and with continuing weakness in consumer and emerging market segments, the preliminary results are slightly better than a projected decline of -5.3%. The U.S. market continued to stabilize with growth near zero in line with forecasts. With shipments totaling 14.3 million PCs in 1Q14, the U.S. market contracted by -0.6% from the same quarter a year ago. Desktop shipments were slightly stronger, posting 3.5% growth, while portables remained in negative territory. Lenovo (LNVGY) preserved its lead in total worldwide PC shipments despite a seasonal drop due to the Chinese New Year. Growth in other regions continued at a solid pace although Latin America slowed after a dramatic expansion over the past year. HP (HPQ) remained in the number 2 position, with growth rising nicely to nearly 5% year on year. Dell grew over 9% in the first quarter.
April 9, 2014
17:26 EDTLNVGYGartner says worldwide PC shipments in Q1 fell 1.7%
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April 7, 2014
06:15 EDTLNVGYLenovo to acquire mobile patents from NEC Corporation
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