Tuesday, September 17, 2013

Reuters: Hot Stocks: Samsung Elec drops 3 pct on Q3 profit concerns

Reuters: Hot Stocks
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Samsung Elec drops 3 pct on Q3 profit concerns
Sep 17th 2013, 02:39

SEOUL, Sept 17 | Mon Sep 16, 2013 10:39pm EDT

SEOUL, Sept 17 (Reuters) - Shares of Samsung Electronics Co fell more than 3 percent on Tuesday over concerns that tumbling emerging market currencies may weaken the profitability of its home appliances and television business in the current quarter, brokers said.

Shares of the South Korean technology firm were down 2.8 percent by 0235 GMT. (Reporting by Miyoung Kim; Editing by Paul Tait)

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