Internet search company Google Inc will own a 5.94 percent stake in China’s Lenovo Group Ltd worth $750 million once Lenovo’s deal to buy Google’s Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange. Google would take 618.3 million Lenovo shares at $1.213 per share, […]
Tag: Stock
Equities rally boosts index by 0.32%
The equities market closed on a positive note on Monday, with major indicators appreciating. Despite closing on a negative note for the last two sessions of last week, analysts had predicted strong activities this week. At the close of activities on Monday, the Nigerian Stock Excange’s All-Share Index rose by […]
Twitter gets ‘buy’ rating even before listing
Twitter Inc’s share price could almost double in its first year as a listed company, a brokerage firm said, issuing a “buy” rating on the stock even before the online messaging service goes public. SunTrust Robinson Humphrey analyst Robert Peck, the first to rate the stock, suggested Twitter could float […]
