Showing posts with label LG.Philips LCD Co.. Show all posts
Showing posts with label LG.Philips LCD Co.. Show all posts

Sunday, July 15, 2007

Asian Stocks Fall From a Record; Samsung, Hon Hai Lead Technology Losses

(Bloomberg) -- Asian stocks fell, dragging a
regional benchmark from a record, as a slide in technology
shares countered gains in energy-related companies.

Samsung Electronics Co., which ended last week at a 15-
month high, plunged the most in three years after memory-chip
prices fell. Hon Hai Precision Industry Co., the world's largest
contract electronics manufacturer, slid the most in four months
after a newspaper said it may buy a stake in LG.Philips LCD Co.


Read more at Bloomberg Stocks News

Wednesday, July 4, 2007

South Korean Stocks Gain More Than 1 Percent for Fourth Day; Samsung Gains

(Bloomberg) -- South Korean stocks advanced more than
1 percent for a fourth day. Samsung Electronics Co. gained on
speculation prices for dynamic random access memory, or DRAM,
will rise, helping improve earnings.

LG.Philips LCD Co. advanced after brokerages including
Citigroup Inc. said the company will turn to profit in the second
quarter.


Read more at Bloomberg Stocks News

Thursday, June 14, 2007

South Korea's Kospi Index Jumps Most in 11 Months: World's Biggest Mover

(Bloomberg) -- South Korean stocks jumped the most
in 11 months after U.S. retail sales rose and the Federal
Reserve said growth isn't stoking inflation, damping speculation
interest rates will be increased in the world's biggest economy.
LG.Philips LCD Co. and Hyundai Motor Co. led exporters higher.

``As concerns recede a bit people can see what's really
happening, which is that economies are still strong,'' said Kim
Young Il, who oversees about $1.1 billion as chief investment
officer at Hanwha Investment Trust Management Co. in Seoul.
``There will be rate increases but only enough to control,
rather than cut off economic momentum. It's OK to buy stocks.''


Read more at Bloomberg Stocks News

South Korea's Kospi Jumps Most in 11 Months; LG.Philips, Exporters Advance

(Bloomberg) -- South Korean stocks jumped the most
in 11 months after U.S. retail sales rose and the Federal
Reserve said growth isn't stoking inflation, damping speculation
interest rates will be increased in the world's biggest economy.
LG.Philips LCD Co. and Hyundai Motor Co. led exporters higher.

``As concerns recede a bit people can see what's really
happening, which is that economies are still strong,'' said Kim
Young Il, who oversees about $1.1 billion as chief investment
officer at Hanwha Investment Trust Management Co. in Seoul.
``There will be rate increases but only enough to control,
rather than cut off economic momentum. It's OK to buy stocks.''


Read more at Bloomberg Stocks News