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Stock Market & Financial Investment News

News Breaks
August 15, 2011
07:08 EDTLNVGY, SEDLenovo, SED enter into distribution agreement
Lenovo (LNVGY) and SED International Holdings (SED) announced that the companies have entered into an agreement under which SED will distribute a selection of Lenovo ThinkPad laptops, ThinkCentre desktops, IdeaPad laptops, Lenovo-branded laptops and options to SED’s network of U.S. reseller partners.
News For LNVGY;SED From The Last 14 Days
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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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