Asian shares were mostly higher, back to earlier gains on Friday, after the Nikkei plunged as much as 3 percent at one point in another volatile trading day.» Read More
Asian shares were mostly higher, back to earlier gains on Friday, after the Nikkei plunged as much as 3 percent at one point in another volatile trading day.
Bob O'Donnell, Program VP, Clients and Displays at IDC, says the market-share trajectory for Lenovo suggests it may outpace HP in 2013.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
*Commodities slide as Shanghai physical prices fall sharply* Lenovo slides after IBM server deal reportedly called off By Clement Tan and Yimou Lee. HONG KONG, May 2- Hong Kong shares fell from a seven-month high on Thursday as soft China manufacturing data put growth-sensitive counters on the defensive after markets returned from the May Day public holiday.
HONG KONG, May 2- Hong Kong shares fell from a seven-week high on Thursday as soft China manufacturing data put growth-sensitive counters on the defensive after markets returned from the Labour Day holiday.
*HSI -0.3 pct, H-shares -0.9 pct, CSI300 flat* Commodities slide as Shanghai copper prices fall sharply* China property buoyed by hopes of policy flexibility* Lenovo slides after IBM server deal reportedly called off By Clement Tan and Yimou Lee.
HONG KONG, May 2- Hong Kong shares could return from a mid-week Labour Day holiday weaker on Thursday, after soft China manufacturing data and a disappointing jobs report in the United States heightened concerns about the global economy. Elsewhere in Asia, Japan's Nikkei was down 0.3 percent, while South Korea's KOSPI was down 0.1 percent at 0058 GMT.
SAN FRANCISCO, May 1- IBM and Lenovo. The proposed acquisition recalls a 2005 deal in which the U.S. enterprise computing giant sold its PC-making business to Lenovo for $1.25 billion. Lenovo has said it was in preliminary talks about a potential acquisition but has not identified the target.
HONG KONG, April 29- The following are some of the major companies planning initial public offerings and new listings on the Hong Kong stock exchange. **May15 China Galaxy 1,570 N/A China Galaxy, 1,500 2013 Securities Goldman, JPMorgan.
TEL AVIV, April 29- SundaySky expects its sales to triple annually as companies increasingly use personalised videos to win over new customers and retain existing ones. One of SundaySky's flagship clients is AT&T, which has seen a reduction in inbound phone calls from its customers as well as in the length of the calls, Dicso said.
TOKYO, April 26- Japanese electronics maker NEC. said on Friday it has secured $1.3 billion in subordinated loans from a group of lenders including Sumitomo Mitsui Banking Corp and Development Bank of Japan as it sheds loss-making operations amid turnaround efforts.
TOKYO, April 26- Lenders including Sumitomo Mitsui Banking Corp and Development Bank of Japan. have decided to provide about 130 billion yen in subordinated loans to the electronics company NEC, people familiar with the matter said on Friday.
U.S. stock index futures trimmed some gains Friday, with major averages poised to post their worst weekly declines this year, as investors reacted to the latest wave of earnings reports.
Lenovo Group said on Friday it was in preliminary talks about a potential acquisition, following a report that IBM was negotiating the sale of its server hardware business to the Chinese computer maker.
Steve Durose, head of Asia-Pacific Technology, Media and Telecoms (TMT) ratings, tells CNBC that China's Lenovo PC maker has had a tremendous performance on sales and are having an impact on the US market.
Major tech stocks slumped on Thursday after an industry report showed that personal computer shipments had fallen significantly in the first quarter.
HTC, the Taiwanese mobile maker, announced profits hit a record low in the first quarter and one analyst told CNBC that a new tie-in with Facebook has little potential in resurrecting the company's fortunes.
The $24.4 billion buyout of Dell would be tough for competing investors to beat, Toni Sacconaghi of Sanford Bernstein says.
Samsung launched its latest salvo against Apple in the war for global smartphone dominance. What does it mean for Apple?
The leveraged buyout of Dell requires that only 42 percent of existing shareholders vote against the deal for it to be abandoned. It is fair to say the a LBO is in doubt.