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LNVGY

Lenovo

$13.50

0.356 (2.71%)

, FJTSY

Fujitsu

$27.00

0.245 (0.92%)

06:23
10/06/16
10/06
06:23
10/06/16
06:23

Lenovo, Fujitsu in talks to merge PC businesses, Bloomberg reports

Lenovo (LNVGY) and Fujitsu (FJTSY) are in talks to merge their personal computer businesses, Bloomberg reports, citing a person with knowledge of the matter. The companies are still in discussions regarding pricing and terms, but the Chinese manufacturer is expected to take a majority stake in the venture, the person says. An agreement could be reached this month, Bloomberg says. Reference Link

LNVGY

Lenovo

$13.50

0.356 (2.71%)

FJTSY

Fujitsu

$27.00

0.245 (0.92%)

LNVGY Lenovo
$13.50

0.356 (2.71%)

02/03/16
SBSH
02/03/16
NO CHANGE
SBSH
Citi lowers 2016 PC estimates to down 6% from down 2%
Citi analyst Jim Suva says recent data points indicate above normal PC inventories and "materially below seasonal demand" in early 2016. The analyst cut his 2016 PC estimates to down 6% from down 2%, well below IDC's estimate of down 3%. Suva believes there is a lack of evidence to suggest that Microsoft's (MSFT) Windows' 10 launch will drive a PC refresh in 2016. The analyst cut his estimates and price target for HP Inc. (HPQ) and kept a Neutral rating on the name.
05/27/16
JPMS
05/27/16
DOWNGRADE
JPMS
Neutral
Lenovo downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Gokul Hariharan downgraded Lenovo Group to Neutral saying achieving breakeven levels in FY17 for the mobile business look unlikely.
FJTSY Fujitsu
$27.00

0.245 (0.92%)

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CXO

Concho Resources

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VZ

Verizon

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1.55 (2.99%)

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ANAB

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DGX

Quest Diagnostics

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VZ

Verizon

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SLB

Schlumberger

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APC

Anadarko

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VZ

Verizon

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TWTR

Twitter

$23.32

-0.34 (-1.44%)

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SoFi names former Twitter COO Anthony Noto as CEO »

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HAL

Halliburton

$56.40

3.39 (6.40%)

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PG

Procter & Gamble

$91.89

0.82 (0.90%)

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WPP

WPP

$95.32

-0.21 (-0.22%)

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TMUS

T-Mobile

$63.94

0.23 (0.36%)

, CHTR

Charter

$370.25

4.2 (1.15%)

09:03
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T-Mobile closes Layer3 TV acquisition, prepares to take on cable, satellite TV »

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TMUS

T-Mobile

$63.94

0.23 (0.36%)

CHTR

Charter

$370.25

4.2 (1.15%)

CMCSA

Comcast

$42.89

0.39 (0.92%)

CMCSK

Comcast

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TSLA

Tesla

$351.56

1.54 (0.44%)

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ABC

AmerisourceBergen

$102.66

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XPER

Xperi

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-0.25 (-1.10%)

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FQVLF

First Quantum Minerals

$15.30

-0.01 (-0.07%)

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VZ

Verizon

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SANM

Sanmina

$27.08

-8.35 (-23.57%)

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JMBA

Jamba

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TWTR

Twitter

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Redbook Store Sales data reported »

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