Samsung Shareholders Shrug Off Galaxy Note 7 Smartphone Recall - News Summed Up

Samsung Shareholders Shrug Off Galaxy Note 7 Smartphone Recall


SEOUL—One group of Samsung Electronics Co. watchers wasn’t caught off guard by the company’s strong third-quarter earnings guidance: its shareholders, who shrugged off embarrassing headlines about its global phone recall to push Samsung shares to an all-time high. On Friday, the South Korean technology giant said it expects to earn 7.8 trillion Korean won ($7.0 billion) in operating profit for the three months ended September 30, a...


Source: Wall Street Journal October 07, 2016 08:08 UTC



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