Reuters: Global Markets: Lenovo shares up over 5 percent at near three-mth high after Q2 results

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Lenovo shares up over 5 percent at near three-mth high after Q2 results Nov 9th 2012, 02:59 Tweet Share this Email Print Related News Smartphones and tablets -- PC giant Lenovo's next frontier 5:17am EST Foxconn International surges 35 percent as Citi report lifts iPhone hopes Sun, Nov 4 2012 UPDATE 3-HK property shares slump on curbs to cool soaring prices Mon, Oct 29 2012 Analysis & Opinion Hong Kong’s anti-foreigner property tax may spread Procter & Gamble earnings give CEO McDonald some relief Related Topics Hot Stocks » Asian Markets » Lenovo's laptop PCs are displayed at an electronic shop in Tokyo September 5, 2012. Credit: Reuters/Kim Kyung-Hoon HONG KONG | Thu Nov 8, 2012 9:59pm EST HONG KONG (Reuters) - Shares of Lenovo Group Ltd (0992.HK), which is on track to become the world's No.1 PC maker, rose more than 5 percent to hit their highest in nearly three months on Friday, a day after it reported better-than-expected second-quarter results. Its shares rose by as much as 5.2 percent to HK$6.92, the highest intraday level since Aug 17. On Thursday, the company reported a 13 percent rise in quarterly net profit to $162 million, beating the $156.3 million consensus forecast of analysts. (Reporting by Lee Chyen Yee; Editing by Anne Marie Roantree) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints Comments (0) This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

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