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[THE INVESTOR] LG Innotek will have to deal with an adverse environment next year, said KTB Investment and Securities on Dec. 24 lowering the target price to 120,000 won (US$106.51) from 180,000 won. Its revenue in the fourth quarter will decline 8.6 percent on-year to 2.62 trillion won and oper...
[THE INVESTOR] Korea Electric Power Corp. ’s external environment is turning positive for investors, said Korea Investment and Securities on Dec. 20 raising the target price to 43,000 won (US$38.10) from 37,000 won. The usage rate of nuclear power plants has already rebounded in the second quar...
[THE INVESTOR] Genie Music will gain momentum as an over-the-top music platform, said KB Investment and Securities on Dec. 20. It is the second-largest streaming music service provider in Korea and has merged with CJ Digital Music to form a value chain of contents, platform and network. The comp...
[THE INVESTOR] Cheil Worldwide will maintain growth momentum next year, said Korea Investment and Securities on Dec. 20 maintaining a “buy” recommendation and 26,000 won (US$23.05) target price. It acquired two digital marketing firms -- Romania’s Centrade and India’s Experience Commerce -- ...
[THE INVESTOR] The number of Korean companies newly listed or to be listed on the country’s tech-laden bourse this year reached an all-time high, the bourse operator said on Dec. 19. A total of 81 firms either have gone or will go public on the KOSDAQ market this year, up from 79 firms in 201...
[THE INVESTOR] Orion ’s operating profit last month has improved slower than expected but still remains solid, said Korea Investment and Securities on Dec. 19 maintaining a “buy” recommendation and 150,000 won (US$133.38) target price. Its revenue and operating profit last month rose 3.7 perc...
[THE INVESTOR] It is too early to write off Com2uS ’ “Skylanders: Ring of Heroes” as a letdown, said BNK Investment and Securities on Dec. 19 maintaining a “buy” recommendation and 200,000 won (US$177.84) target price. The much-anticipated mobile game has been released in Canada, Australia...
[THE INVESTOR] LG Electronics will miss fourth-quarter earnings consensus, said Daishin Investment and Securities on Dec. 19 lowering the target price to 95,000 won (US$84.46) from 105,000 won while maintaining a “buy” recommendation. Its operating profit will come in at 291.1 billion won, sig...
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SC Bank Korea offers special interest rate for new members
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Woori, KB ink QR code payment partnership with Cambodia