Reuters: Hot Stocks: Samsung Elec shares extend falls ahead of U.S. patent ruling

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Samsung Elec shares extend falls ahead of U.S. patent ruling Aug 7th 2013, 02:15 SEOUL | Tue Aug 6, 2013 10:15pm EDT SEOUL Aug 7 (Reuters) - Shares of Samsung Electronics Co Ltd extended falls on Wednesday, as the smartphone maker awaits a U.S. decision on Friday as to whether some of its phones and tablets infringed on Apple Inc's patents and should be banned from imports into the country. Samsung Electronics fell more than 2 percent to 1.228 million won ($1,100) by 0207 GMT. It is set for a third consecutive day of decline after the U.S. administration overturned a ban on sales of some Apple phones and tablets over the weekend, dealing a setback to Samsung in a patent war of the two technology giants.. ($1 = 1115.6000 Korean won) (Reporting by Hyunjoo Jin and Joyce Lee; Editing by Jacqueline Wong)

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