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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.
News For LNVGY From The Last 14 Days
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April 23, 2015
15:38 EDTLNVGYEarnings Watch: Citi says sell Microsoft shares, Wells Fargo sees outperformance
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April 21, 2015
12:13 EDTLNVGYLenovo expands recall of battery packs for ThinkPad notebook computers
Lenovo is expanding the recall of battery packs for ThinkPad notebook computers to about 148,800 in the United States and 17,700 in Canada; about 34,500 in the United States and 2,900 in Canada were recalled in March 2014. Lenovo has received four reports of incidents of battery packs overheating and damaging the computers, battery packs and surrounding property. One incident included a consumer's skin being reddened and burn marks on the consumer's clothing. Consumers should immediately turn off their ThinkPad notebook computer, remove the battery pack and contact Lenovo for a free replacement battery pack. Consumers can continue to use their ThinkPad notebook without the battery pack by plugging in the AC adapter and power cord.
April 16, 2015
08:11 EDTLNVGYLenovo Group should be bought on any signficant retreat, says Bernstein
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