Hints and tips:
...LG Electronics shares rose as much as 5.9 per cent to a six-year high as expectations for the company’s fourth-quarter earnings improved....
...Corporate earnings reports out today include China Construction Bank, China Life Insurance, LG Electronics, Kweichow Moutai, NTT Docomo, ANZ Banking, China Vanke, Hitachi and OCBC....
...LG Electronics is more exposed, with 25 per cent sales and a 41 per cent correlation....
...This week Sony announced that the PS4’s success had helped the company to its first full-year net profit in three years....
...(Bloomberg) GM “must turn over documents related to its subprime auto-lending under a subpoena issued by the U.S....
...(Financial Times) One of the UK’s most senior litigators will put the Financial Conduct Authority ’s dealings with the media under the spotlight as he probes the regulator’s bungled announcement of an insurance...
...(Bloomberg) “Pfizer Inc, the Indian unit of U.S. drug maker Pfizer Inc, is to take over local affiliate Wyeth Ltd, they said on Saturday after their boards approved the deal....
...for patent infringement in U.S....
...to the United States fromChina next year, Chief Executive Tim Cook said in remarks published on Thursday, in what could be a important test of the nascent comeback in U.S.electronics manufacturing. http...
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...– notably Samsung Life Insurance, which owns 7.5 per cent of the company....
...HTC is partnering with Nvidia for the first time – using its Tegra 3 quad-core processor in its One X smartphone (it also unveiled a slimmer dual-core One S and a cheaper One V)....
...(Wall Street Journal) LG Electronics’ Q2 net profits missed analysts’ expectations, coming in at Krw159bn against estimates of Krw278.8bn, as sales of its phone handsets lagged rivals....
...(I) TTS Group Turbosound (I) U Ubisense Group Ubisense Group (I) Union Electric Steel UK V Veritek Global Vi-Spring W W Durston W K Webster & Co Walker Filtration White House Products Whizz...
...Mirabela Nickel extended losses, falling 13.3 per cent to A$0.26, as the company said it was considering its capital-raising alternatives....
...Samsung , Apple’s chief rival in the smartphone sphere, rose 1.5 per cent to Won855,000, while LG Electronics jumped 6.3 per cent to Won73,900....
...South Korea’s LG group of companies had a better week after recent heavy losses, helping Seoul’s Kospi index climb 4.3 per cent to 1,769.65....
...South Korean stocks were buffeted by a 2.5 per cent fall for Samsung Electronics to Won745,000 after a warning from the technology bellwether about oversupply in the memory chip market overshadowed its record...
...But QBE Insurance lost 5.6 per cent to A$16.96 after the company warned net profit for the six months to June would fall by about 40 per cent. The S&P/ASX 200 index rose 0.6 per cent to 4,486.1....
...In Sydney, Insurance Australia Group climbed 5 per cent to A$4.21 as speculation mounted that a bid for the company was imminent. IAG rejected a bid from QBE Insurance 19 months ago....
...Greenberg has been quietly building up a family of insurance companies that could compete with A.I.G. To fill the ranks of his venture, C.V....
...In the technology sector, LG Electronics fell 2.3 per cent to Won105,500 but carmakers rallied after suffering big falls on Monday....
...Kia Motor gave up 3.7 per cent to Won16,800 while LG Electronics fell 3.1 per cent to Won142,000....
...LG Electronics gained 14.9 per cent to Won99,500. Financial shares rallied, with KB Financial Group rising 9.4 per cent to Won35,000 and Shinhan Financial gaining 13.8 per cent to Won33,000....
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