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COVID-19 Life Has Been Good To PC Makers
Tuesday, June 22, 2021 - 10:24am | 921Read More...Maybe the early days of the Covid-19 pandemic slowed down the PC sales, but as soon as working and studying from home became a part of everyday life, many businesses and people started buying PCs and other IT equipment, making the first quarter in 2021 the highest in PC unit sales since 2015. And...
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HP Facing Two Kinds Of Stress: Falling Short On Revenue And Xerox Going Directly To Its Shareholders
Wednesday, November 27, 2019 - 12:11pm | 722Read More...Hewlett Packard Inc. (NYSE: HPQ) posted its quarterly earnings of 49 cents per share for the quarter ended on October 30th, overall surpassing EPS estimates four times consecutively over the last four quarters. But its shares dropped 4 percent due to lower-then-expected fourth quarter revenue...
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#PreMarket Primer: Friday, October 10: Amazon To Offer Face-To-Face Interaction
Friday, October 10, 2014 - 8:49am | 1178Read More...Amazon.com, Inc. (NASDAQ: AMZN) is planning to open a storefront in New York City, a departure from the company’s 20-year history as an Internet-only business. The new store, expected to be opened before the holidays, will be located on West 34th Street and is expected to allow customers...
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#PreMarket Primer: Tuesday, October 7: Negotiations In Hong Kong Expected To Be Difficult
Tuesday, October 7, 2014 - 7:10am | 997Read More...Student protesters and Hong Kong government officials are planning to hold another round of negotiations on Tuesday, but the two sides are showing no signs of reaching common ground. For the moment, the talks have centered on how to approach the issues rather than resolution, but both sides...
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#PreMarket Primer: Monday, October 6: Hewlett-Packard Company To Announce Plans For A Split
Monday, October 6, 2014 - 7:10am | 1011Read More...Hewlett-Packard Company (NYSE: HPQ) is reportedly planning to announce Monday its plans to break into two publicly traded companies. According to The Wall Street Journal, the company will separate its corporate hardware and services business from its computer and printer division in an...
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#PreMarket Primer: Friday, May 23: Russia Prepared To Respond To NATO Activity On The Border
Friday, May 23, 2014 - 6:49am | 958Read More...On Friday, General Valery Gerasimov, Russia’s chief of general staff of the armed forces, remarked that the Kremlin would respond to increased activity near the Russian border. He said that Moscow would “take retaliatory measures” as the Western military increases its combat readiness. Russia’s...
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#PreMarket Primer: Wednesday, May 7: Alibaba Prepares For Massive IPO
Wednesday, May 7, 2014 - 7:02am | 1230Read More...E-commerce giant Alibaba Group Holding Ltd. has officially filed for an initial public offering in the US. The fast growing Chinese internet company has been touted as the largest marketplace in the world and valued itself at around $109 billion in April. On Tuesday, Alibaba announced that it...
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Apple and Foxconn Parting Ways
Thursday, May 30, 2013 - 9:17am | 511Read More...In a tale as old as corporate relationships themselves, Apple (NASDAQ: AAPL) has told longtime manufacturing partner, Foxconn that it wants to “start seeing other suppliers.” The Wall Street Journal reported that Pegatron Corp., named after the famed flying horse of Greek mythology Pegasus,...
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Hewlett-Packard Talks To Benzinga About Putting Heads In The Cloud
Thursday, June 16, 2011 - 10:03am | 192Read More...Billboard is reporting that Hewlett-Packard is quietly planning to throw its hat into the music world with a cloud product to rival Apple, Google and Amazon. HP is apparently deep into discussions with the major record labels regarding a proposed locker-based service that would offer music, movies...
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BMC Reiterates Hold on Hewlett-Packard
Tuesday, June 14, 2011 - 6:56am | 84Read More...BMC reiterated its Hold rating on Hewlett-Packard (NYSE: HPQ) after the company announced its latest round of organizational changes. In a research report published today, BMC stressed its belief that the company's restructuring process has some way to go, thus reaffirming its position on the...
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Piper Jaffray Provides Color on Oracle Corporation, Overweight
Friday, May 27, 2011 - 6:53am | 185Read More...Piper Jaffray provided color on Oracle Corporation (NASDAQ: ORCL). In a research report published today, Piper Jaffray commented on its research about which companies will be most hit by Oracle's strong performance. In the report, Piper Jaffray states, "We surveyed 33 Oracle partners to determine...
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Citi Reiterates Buy As HPQ Prepares For Another Tough Quarter
Tuesday, May 17, 2011 - 8:49am | 128Read More...Citi is reiterating its Buy rating and $65 price target on Hewlett-Packard Co. (NYSE: HPQ) as the company prepares for another tough quarter. Says Citi, in the report, “HPQ shares are trading down 5% in after-hours trading due to press reports of a leaked memo from CEO Leo Apotheker to top...
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Mercury Computer Systems (MRCY) Sets 52 Week High
Wednesday, January 27, 2010 - 4:03pm | 159Read More...On a day that saw many tech stocks falling, the shares of Mercury Computer Systems Inc. (NASDAQ: MRCY) have jumped more than 10%. Investors received good news when Boenning & Scattergood analysts maintained their Outperform rating for the company, which designs, manufactures and markets high-...
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Despite iPad Debut, Apple (AAPL) Leads Tech Stocks Down
Wednesday, January 27, 2010 - 3:29pm | 202Read More...The debut of its eagerly awaited iPad tablet PC wasn't enough to keep Apple Inc. (Nasdaq: AAPL) from leading tech stocks down today. Although Apple is down for the day, the stock has more than doubled over the past year, with a 52 week trading range between $82.33 and $215.59, partly in...
