Showing posts with label Samsung Electronics Co.. Show all posts
Showing posts with label Samsung Electronics Co.. Show all posts

Sunday, 05 August 2007

South Korea's Shares Fall, Led by Posco, Kookmin, Samsung; Hynix Advances

(Bloomberg) -- South Korean stocks fell, led by
Posco, and Kookmin Bank, on concern losses in the U.S. mortgage
market may slow the world's biggest economy.

Samsung Electronics Co. also declined after a power outage
at some production lines of the world's second-largest chipmaker.


Read more at Bloomberg Stocks News

Monday, 30 July 2007

South Korea Stocks Rebound from Two-Day Rout; Samsung Electronics Advances

(Bloomberg) -- South Korean stocks rose, snapping a
two-day plunge that had wiped out $68 billion in market value.
Samsung Electronics Co. gained after the country's industrial
production increased almost twice as much as expected.

Higher output of chips, autos and mobile phones, which
account for about a third of the nation's exports, accounted for
the gain in production, according to a government report. Concern
that a deepening U.S. housing-market slump would hurt the world's
biggest economy had triggered a $2.1 trillion rout in global
equities last week.


Read more at Bloomberg Stocks News

Sunday, 15 July 2007

Asian Stocks Rise to a Record; Hyundai Motor, Woodside Petroleum Advance

(Bloomberg) -- Asian stocks rose for a third day,
driving a regional benchmark to a record. Hyundai Motor Co. led
South Korean automakers higher after Meritz Securities Co.
lifted its price estimate for the stock, citing earnings.

Woodside Petroleum Ltd., Australia's second-largest oil and
gas producer, climbed as crude futures contracts traded near an
11-month high. Samsung Electronics Co. slid after prices of
computer memory chips fell by the most in two weeks.


Read more at Bloomberg Stocks News

Tuesday, 10 July 2007

South Korean Stocks Fall, Snapping 7-Day Climb; Samsung Electronics Drops

(Bloomberg) -- South Korean stocks fell for the first
time this month after investors judged recent gains excessive.
Samsung Electronics Co. led the decline.

LG.Philips LCD Co. advanced after it reported its first
profit in five quarters.


Read more at Bloomberg Stocks News

Sunday, 08 July 2007

Asian Stocks Resume July Rally on Economic Growth, Oil; Samsung Climbs

(Bloomberg) -- Asian stocks resumed their July rally
on signs economic growth in Japan and South Korea is accelerating
and as crude oil traded near a 10-month high.

Japan's Komatsu Ltd. gained the most in a week after a
government report showed machinery orders rose more than forecast
in May. Samsung Electronics Co. led the Kospi index to a fourth
straight high after the commerce ministry raised its forecast for
South Korean exports. BHP Billiton Ltd., Australia's largest oil
explorer, climbed for an eighth day.


Read more at Bloomberg Stocks News

Wednesday, 04 July 2007

South Korean Stocks Gain, Led by Samsung, Chipmakers; Kangwon Land Plunges

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

Kangwon Land Inc. tumbled by the most in more than four
years after the nearby city of Pyeongchang failed in its bid to
host the 2014 Winter Olympics.


Read more at Bloomberg Stocks News

Sunday, 17 June 2007

Asian Stocks Rise for Third Day on U.S. Inflation, Yen; Toyota Advances

(Bloomberg) -- Asian stocks rose for a third day
after a measure of U.S. inflation cooled and the yen weakened
against the dollar and euro, helping improve earnings prospects
for the region's exporters.

Samsung Electronics Co. and Toyota Motor Corp. led gains
among technology companies and automakers. BHP Billiton Ltd.,
the world's No. 1 mining company, climbed after metals prices
advanced. China's CSI 300 Index opened 2.5 percent higher, set
for a record.


Read more at Bloomberg Emerging Markets News

UBS cuts earnings forecasts for S.Korean chip makers

(Reuters) - The investment bank said it would lower its 2007 net income
forecast for Samsung Electronics Co. Ltd. by 6.9
percent to 8.3 trillion won and its 2008
estimate by 4.6 percent to 10.4 trillion won.




UBS also cut its share target price on Samsung to 670,000
won from 690,000 won. Shares in the world's biggest maker of
memory chips were up 0.7 percent to 578,000 won by 0047 GMT,
following tame U.S. inflation data.


Read more at Reuters.com Hot Stocks News

Wednesday, 13 June 2007

Asian Stocks Rebound From Two-Week Low on Fed Report; Toyota, Samsung Gain

(Bloomberg) -- Asian stocks rebounded from a two-week
low after U.S. retail sales rose more than expected and the
Federal Reserve said the world's biggest economy is growing
without stoking inflation.

Toyota Motor Corp. and Samsung Electronics Co. led exporters
higher as the Fed's comments damped speculation the U.S. will
raise interest rates. BHP Billiton Ltd. advanced to a record after
metals and crude oil prices climbed.


Read more at Bloomberg Stocks News