Investing

Lenovo: PCs Still Selling In China (DELL)(HPQ)

ChinaNo wonder Dell (DELL) and Hewlett-Packard (HPQ) wish they had higher market shares in China. While sales are slowing in the US, big China-based PC firm Lenovo says its revenue and earnings are moving up fine, despite a slowdown in America.

The company reported profit for the three months ending June 30 was $110 million, or $1.25 per share.. Sales rose 10 percent to $4.2 billion.

According to Reuters, Lenovo attributed the good times to "strong sales in China and emerging economies offset weakness in the United States."

Douglas A. McIntyre

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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