Thursday, May 23, 2013

Reuters: Global Markets: Lenovo shares jump more than 4 percent after earnings beat forecast

Reuters: Global Markets
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Lenovo shares jump more than 4 percent after earnings beat forecast
May 23rd 2013, 06:06

HONG KONG | Thu May 23, 2013 2:06am EDT

HONG KONG (Reuters) - Shares in Chinese personal computer maker Lenovo Group Ltd (0992.HK) jumped more than 4 percent after it reported a forecast-beating 90 percent rise in quarterly profit, its fastest in seven quarters.

The stock rose as much as 4.3 percent in afternoon trade to HK$7.49 after it posted net profit of $126.9 million in the quarter ended in March, up from $66.8 million a year earlier, based on Reuters calculations using full-year and nine-month financial data.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.