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Stock Market & Financial Investment News

News Breaks
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
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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