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Share of large China-based PC company Lenovo were downgraded overnight. According to Reuters, "JP Morgan downgraded Lenovo to neutral from overweight due to a near-term slowdown in revenue growth from weak China demand and a slower ramp-up of the U.S. consumer business." That is the same China the US PC companies Dell (DELL) and HP (HPQ) have been counting on for much of their growth over the next several years.


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