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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 SEDís network of U.S. reseller partners.
News For LNVGY;SED From The Last 14 Days
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January 23, 2015
06:22 EDTLNVGYApple sees strong growth in Asian smartphone sales, CNBC says
Apple (AAPL) captured 33% of South Korea's smartphone market share in November, reports CNBC, citing Counterpoint Research. South Korean Samsung's (SSNLF) market share fell from 60% six months earlier to 46%. Apple also captured over 50% market share in Japan and saw a rise to 12% in China behind Lenovo (LNVGY) and Xiaomi. Reference Link
January 22, 2015
08:28 EDTLNVGYBank document shows Samsung still pursuing BlackBerry, Financial Post says
Samsung (SSNLF) continues to pursue acquisition of BlackBerry (BBRY), reports the Financial Post, citing an investment bank document and a source with knowledge of the plan. Prepared by Evercore Partners in 4Q14, the document hints at only a partial takeover, notes that Lenovo (LNVGY) may compete with Samsung for the company, cites BlackBerry's operating system and Messenger as potential divestitures, adds that Samsung could offset $50M in taxable income, and suggests Samsung start by approaching Fairfax Financial about acquiring a minority stake. Reference Link
January 21, 2015
05:53 EDTLNVGYTrendForce: Global smartphone shipments grew 26% in 2014, DigiTimes reports
Global smartphone shipments grew about 25.9% to 1.17B units, reports DigiTimes, according to TrendForce. Samsuing amanged to retain to the number one position, although its global market share dropped to 28% from 32.5% while Apple shipments grew to 24.5% market share compared to 16.6% last year. Reference Link

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