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Stock Market & Financial Investment News

News Breaks
April 25, 2014
06:11 EDTLNVGYLenovo to start dual brand smartphone marketing, DigiTimes reports
Lenovo will begin to adopt dual-brand marketing for smartphones in 2014, reports DigiTimes. According to Taiwan-based supply chain makers, Lenovo will use the Motorola brand to sell mid-range to high-end models in U.S. and Western Europe and selling entry-level to mid-range models under the Lenovo brand in China, Latin America and other emerging markets. Reference Link
News For LNVGY From The Last 14 Days
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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.
August 11, 2014
08:30 EDTLNVGYLenovo Group management to meet with JPMorgan
Meetings to be held in New York on August 14-15 hosted by JPMorgan.
August 8, 2014
06:37 EDTLNVGYMotorola to be sales arm for Lenovo to increase global shipments, DigiTimes says
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