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Stock Market & Financial Investment News

News Breaks
February 13, 2014
04:55 EDTLNVGY, LNVGY, LNVGYLenovo Group management to meet with JPMorgan
Meetings to be held in Toronto on February 17 and in New York on February 18 hosted by JPMorgan.
News For LNVGY From The Last 14 Days
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March 27, 2015
05:57 EDTLNVGYReport: Lenovo separates mobile business unit by brand, DigiTimes says
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March 26, 2015
06:05 EDTLNVGYIntel to partner with notebook makers for Chromebook 2-in-1s, DigiTimes says
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March 25, 2015
05:52 EDTLNVGYSamsung set to lead smartphone market in 2015, DigiTimes Research reports
Samsung (SSNLF) is set to lead the smartphone vendor rankings in 2015, reports DigiTimes Research. Samsung and Apple (AAPL) is expected to ship 330M and 230M smartphones, respectively in 2015, while Lenovoy (LNVGY) is set to up its shipments to 84M units. Reference Link
March 23, 2015
06:00 EDTLNVGYReport: Motorola production base to begin operations on May 11, DigiTimes says
Motorola Mobility's new production base in Wuhan, China will begin commercial production on May 11, reports DigiTimes, citing a Chinese-language tech.sina.com report. The base will also look to accommodate a global operating hub and research and testing center that will come online in 2H16. Reference Link
06:00 EDTLNVGYAMD's former CEO may join Dell, Re/code reports
According to sources, former AMD (AMD) CEO Rory Read is close to a deal to join Dell, Re/code reports. Read, who also previously worked at Lenovo (LNVGY) and IBM (IBM), could become COO and president for global commercial sales at Dell. An announcement may come as early as today, the sources say. Reference Link
March 18, 2015
05:21 EDTLNVGYMicrosoft announces Windows 10 to launch this Summer in 190 countries
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March 16, 2015
14:43 EDTLNVGYAnalyst sees Himax facing headwinds, risks in near-term
The shares of Himax Technologies (HIMX) are falling sharply after research firm Northland Securities warned that the company's March revenues could come in at the lower end of its guidance. Himax develops semiconductors used in thin film transistor-liquid crystal displays and displays using other technologies. WHAT'S NEW: The Chinese sales of smartphones made by a number of Himax's customers, including Samsung, Lenovo (LNVGY), and ZTE, have been weak, Northland analyst Tom Sepenzis wrote in a note to investors today. Additionally, Samsung's new smartphones will probably ship with OLED displays, rather than TFT displays, the analyst stated. These developments create risks for Himax in the March-June time period, according to Sepenzis. Meanwhile, January and February data reported by a number of Taiwanese vendors, including HTC and Taiwan Semiconductor (TSM), do not bode well for Himax, as their sales were down 26.5% in February versus January. Additionally, Sepenzis is now more pessimistic on the near-term outlook for sales of augmented reality headsets, leading him to believe that Himax's revenue from these products will be lower than he previously estimated in the near-term. The analyst kept a $110 price target and Outperform rating on the shares, as he remains upbeat on the company's longer term outlook. PRICE ACTION: In mid-afternoon trading, Himax dropped 51c, or 6.5% to $7.47.

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