Top Stories https://www.benzinga.com/views/taxonomy/term/138079 en Old Navy Comp Decline A Worry For Gap https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14321222/old-navy-comp-decline-a-worry-for-gap <p><strong>Gap Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gps#NYSE">GPS</a>) shares are falling after reporting a <a href="https://www.benzinga.com/news/earnings/19/08/14316249/gap-reports-q2-earnings-beat-reaffirms-guidance">second-quarter sales miss</a>. Gap CEO Art Peck said the company was facing a difficult competitive environment after all three divisions of the company delivered negative comps.</p> <h3><strong>Fixable, But Waiting For Signs</strong></h3> <p>Morgan Stanley analyst <a href="https://www.tipranks.com/analysts/kimberly-greenberger">Kimberly Greenberger</a> says Old Navy&rsquo;s merchandise issues are fixable, but long lead times mean that investors will need to wait for signs of improvement.</p> <p>Old Navy has been a key driver for the company for years, but saw its fourth consecutive quarter of sequential comp deceleration and only its fourth negative quarterly comp in five years.</p> <p>&ldquo;We recognize that this comp result was likely an unavoidable outcome for Old Navy due to merchandise decision missteps in 4Q&rsquo;18 that bled into 1H given 12-month design lead times. This is not unusual, ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14321222/old-navy-comp-decline-a-worry-for-gap alt=Old Navy Comp Decline A Worry For Gap>Full story available on Benzinga.com</a></p> Analyst Color Art Peck Earnings GPS Ike Boruchow Kimberly Greenberger Morgan Stanley News Old Navy Wells Fargo Price Target Reiteration Retail Sales Top Stories Analyst Ratings GPS US3647601083 News Analyst Color Earnings Price Target Reiteration Retail Sales Top Stories Analyst Ratings Benzinga Fri, 23 Aug 2019 18:16:58 +0000 Brett Hershman 14321222 at https://www.benzinga.com A 'Quarter Of Bad News': HP Disappoints On Sales, CEO Departure https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14320252/a-quarter-of-bad-news-hp-disappoints-on-sales-ceo-departure <p><strong>HP Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hpq#NYSE">HPQ</a>) reported a &quot;quarter of bad news,&quot; according to Morgan Stanley.</p> <h3>The Analyst</h3> <p>Morgan Stanley analyst <a href="https://www.tipranks.com/analysts/kathryn-huberty">Katy Huberty</a> maintains an Equal-weight rating on HP with a price target lowered from $23 to $21.</p> <p>Wells Fargo analyst <a href="https://www.tipranks.com/analysts/aaron-rakers">Aaron Rakers</a> maintains at Market Perform, price target lowered from $23 to $20.</p> <h3>Morgan Stanley: Shortage Of Good News</h3> <p>HP&#39;s <a href="https://www.benzinga.com/pressreleases/19/08/g14315941/hp-inc-reports-fiscal-2019-third-quarter-results">fiscal third quarter report</a> shows demand for its printer products weakened from poor demand, especially in the EMEA region, Huberty wrote in a note. The company suffered from a greater-than-expected disruption from operational changes and contributed to a supply growth miss at negative 7% versus expectations for 3.4% growth.</p> <p>Management said it expects supplies to decline in fiscal 2020, which is short of the analyst&#39;s prior estimate for a 0.3% year-over-year growth.</p> <p>HP did show an acceleration of growth in the commercial PC market from 7% ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14320252/a-quarter-of-bad-news-hp-disappoints-on-sales-ceo-departure alt=A &#039;Quarter Of Bad News&#039;: HP Disappoints On Sales, CEO Departure>Full story available on Benzinga.com</a></p> Aaron Rakers Analyst Color Dion Weisler Earnings hardware HPQ Katy Huberty Morgan Stanley News Wells Fargo Price Target Management Top Stories Analyst Ratings HPQ US4282361033 News Analyst Color Earnings Price Target Management Top Stories Analyst Ratings Benzinga Fri, 23 Aug 2019 18:05:58 +0000 Jayson Derrick 14320252 at https://www.benzinga.com Large Harley-Davidson Option Trader Bets On 10% More Downside https://www.benzinga.com/trading-ideas/short-ideas/19/08/14320706/large-harley-davidson-option-trader-bets-on-10-more-downside <p>Shares of <strong>Harley-Davidson Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hog#NYSE">HOG</a>) fell 2.7% on Friday after China said it would be imposing a 25% tariff on imported U.S. automobiles starting in December.</p> <p>Harley shares are now down 27.4% in the past year as the trade war has weighed on the company&rsquo;s international sales, and at least one large option trader sees much more downside ahead over the next five months.</p> <h3>The Trade</h3> <p>On Friday, <a href="https://pro.benzinga.com?afmc=55">Benzinga Pro</a> subscribers received an option alerts related to an unusually large Harley-Davidson option trade.</p> <p>At 10:18 a.m. ET, a trader bought 2,000 Harley-Davidson put options with a $30 strike price expiring on Jan. 17, 2020. The contracts were purchased at the ask price of $2.021 and represented a $404,200 bearish bet that Harley-Davidson shares have at least another 10% downside ahead by mid-January.</p> <h3>Why It&#39;s Important</h3> <p>Even traders who stick exclusively to stocks often ...</p><p><a href=https://www.benzinga.com/trading-ideas/short-ideas/19/08/14320706/large-harley-davidson-option-trader-bets-on-10-more-downside alt=Large Harley-Davidson Option Trader Bets On 10% More Downside>Full story available on Benzinga.com</a></p> China HOG trade war Short Ideas Options Top Stories Markets Trading Ideas HOG US4128221086 Short Ideas Options Top Stories Markets Trading Ideas Benzinga Fri, 23 Aug 2019 16:40:25 +0000 Wayne Duggan 14320706 at https://www.benzinga.com The Street Loves Still Loves Salesforce https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14319864/the-street-loves-still-loves-salesforce <p><strong>Salesforce.com, inc.&#39;s</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crm#NYSE">CRM</a>) <a href="https://www.benzinga.com/pressreleases/19/08/n14315909/salesforce-announces-record-second-quarter-fiscal-2020-results">second-quarter results</a> came in better than expected. On top of an earnings and sales beat, management guided third-quarter results ahead of expectations and lifted its full-year sales guidance.</p> <p>Shares of Salesforce moved higher Friday and multiple analysts reaffirmed bullish stances on the stock.</p> <h3>Key Takeaways From Q2</h3> <p>Salesforce reported a 22% year-over-year increase in revenue at $3.99 billion and came in $45 million above expectations, KeyBanc Capital Markets analyst <a href="https://www.tipranks.com/analysts/brent-bracelin">Brent Bracelin</a>&nbsp;said. The company saw an acceleration in revenue growth from the prior quarter across Sales cloud, Service cloud, Marketing Cloud.</p> <p>Current remaining performance obligation (RPO) growth was inline with the prior quarter at 23% growth and MuleSoft accounted to $159 million to subscription revenue versus $135 million expected.</p> <p>&quot;We believe CRM&#39;s vast opportunity across several cloud segments and continued success in expanding into new markets via acquisition maintains Salesforce&#39;s position as a core SaaS holding,&quot; Bracelin wrote in a note.</p> <p><em>See Also: <a href="https://www.benzinga.com/news/earnings/19/08/14316090/salesforce-stock-jumps-on-q2-beat-higher-full-year-revenue-guidance">Salesforce Stock Jumps On Q2 Beat, Higher Full-Year Revenue Guidance</a></em></p> <p>Salesforce beat EPS estimate by 19 cents. SunTrust Robinson Humphrey analyst <a href="https://www.tipranks.com/analysts/terry-tillman">Terry Tillman</a> said that excluding benefits from mark-to-market accounting and a lower than expected negative impact from Salesforce.org, EPS ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14319864/the-street-loves-still-loves-salesforce alt=The Street Loves Still Loves Salesforce>Full story available on Benzinga.com</a></p> Analyst Color BMO Capital Markets Brent Bracelin cloud CRM CRM Earnings Jennifer Swanson Lowe Keith Bachman Keith Weiss KeyBanc Capital Markets Long Ideas Morgan Stanley MuleSoft News SAAS SunTrust Robinson Humphrey Terry Tillman UBS Guidance Price Target Top Stories Analyst Ratings Trading Ideas CRM US79466L3024 Long Ideas News Analyst Color Earnings Guidance Price Target Top Stories Analyst Ratings Trading Ideas Benzinga Fri, 23 Aug 2019 16:26:43 +0000 Jayson Derrick 14319864 at https://www.benzinga.com Competing Monetary Policy Goals Plague This Frontier ETF https://www.benzinga.com/government/19/08/14317191/competing-monetary-policy-goals-plague-this-frontier-etf <p>For those not keeping track, Nigerian stocks are getting punished this year. The <strong>Global X MSCI Nigeria ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nge#NYSE">NGE</a>), the lone exchange traded fund dedicated to stocks in Africa&#39;s second-largest economy, is lower by 20.46% year to date. By comparison, the MSCI Frontier Markets 100 Index, in which Nigeria is a major country weight, is higher by 10.67%.</p> <h3>What Happened</h3> <p>As is the case with so many markets, developed, emerging and frontier, Nigeria is home to a central bank that has been active. How effective that central bank has been is another matter. NGE and Nigerian stocks have been confounded this year by the The Central Bank of Nigeria&#39;s efforts to boost the local economy while keeping its currency afloat.</p> <p>&ldquo;Attempts to reconcile competing goals through unconventional macroeconomic management and ...</p><p><a href=https://www.benzinga.com/government/19/08/14317191/competing-monetary-policy-goals-plague-this-frontier-etf alt=Competing Monetary Policy Goals Plague This Frontier ETF>Full story available on Benzinga.com</a></p> Government NGE Nigeria Regulations Short Ideas Emerging Market ETFs Top Stories Trading Ideas ETFs NGE Government Regulations Short Ideas Emerging Market ETFs Top Stories Trading Ideas ETFs Benzinga Fri, 23 Aug 2019 15:42:31 +0000 ETF Professor 14317191 at https://www.benzinga.com Analysts Weigh In On VMware Earnings, Buyout Deals https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14319907/analysts-weigh-in-on-vmware-earnings-buyout-deals <p><strong>VMware, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vmw#NYSE">VMW</a>) shares tumbled on Friday after the company reported a mostly in-line second quarter and announced two big acquisitions.</p> <p>In addition to the highly-anticipated $2.7 billion deal for <strong>Pivotal Software Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pvtl#NYSE">PVTL</a>), VMware also took the market by surprise by announcing a $2.1 billion acquisition of security software company <strong>Carbon Black Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cblk#NASDAQ">CBLK</a>), which had been the subject of buyout rumors for weeks.</p> <p>Several analysts have weighed in on VMWare following its earnings report and news of its spending spree. Here&rsquo;s a sampling of what they&rsquo;ve had to say.</p> <h3>Deals Overshadow Solid Quarter</h3> <p>Wedbush analyst <a href="https://www.tipranks.com/analysts/daniel-ives">Daniel Ives</a> said both of the acquisitions make sense for VMWare and should ultimately increase the company&rsquo;s SaaS and hybrid cloud subscriptions by more than $3 billion.</p> <p>&ldquo;For FY2Q, VMW reported a solid quarter that featured growth ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14319907/analysts-weigh-in-on-vmware-earnings-buyout-deals alt=Analysts Weigh In On VMware Earnings, Buyout Deals>Full story available on Benzinga.com</a></p> Alex Kurtz Analyst Color BMO Capital Markets CBLK Daniel Ives Earnings Keith Bachman KeyBanc M&A Michael Turits News PVTL Raymond James VMW Wedbush Price Target Top Stories Analyst Ratings Tech VMW US9285634021 PVTL CBLK News M&A Analyst Color Earnings Price Target Top Stories Analyst Ratings Tech Benzinga Fri, 23 Aug 2019 15:27:10 +0000 Wayne Duggan 14319907 at https://www.benzinga.com Morgan Stanley Upgrades Altria On Better Price https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14319188/morgan-stanley-upgrades-altria-on-better-price <p>The cigarette business isn&rsquo;t exactly smoking these days.</p> <p>And as investors have moved away from Big Tobacco, lowering share prices, one of the biggest cigarette companies has also broadened its product line beyond traditional cigarettes. And that makes the cheaper shares of <strong>Altria Group Inc</strong>. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mo#NYSE">MO</a>) worth a new look, Morgan Stanley said Friday in a note.</p> <h3>The Analyst</h3> <p>Morgan Stanley&rsquo;s Pamela Kaufman upgraded Altria from Underweight to Equal-weight with a $44 price target.</p> <h3>The Thesis</h3> <p>Kaufman acknowledged things still don&rsquo;t look great long-term for the tobacco industry.</p> <p>But investors have known that for some years, and Altria has underperformed the broader market considerably, with its shares down 5.7% year to date while the S&amp;P 500 is up more than 16%. Altria now trades at ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14319188/morgan-stanley-upgrades-altria-on-better-price alt=Morgan Stanley Upgrades Altria On Better Price>Full story available on Benzinga.com</a></p> Analyst Color CRON JUUL MO Morgan Stanley Pamela Kaufman tobacco Upgrades Top Stories Analyst Ratings MO US02209S1033 CRON Analyst Color Upgrades Top Stories Analyst Ratings Benzinga Fri, 23 Aug 2019 14:39:01 +0000 Dave Royse 14319188 at https://www.benzinga.com Jeff Bezos Shares Amazon's First Job Posting https://www.benzinga.com/general/movers-shakers/19/08/14318692/jeff-bezos-shares-amazons-first-job-posting <p><strong>Amazon.com, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) not too long ago was a small startup and Thursday marked the 25th anniversary of the company&#39;s first ever job ad.</p> <p>Amazon founder and CEO <a href="http://www.benzinga.com/topic/jeff-bezos">Jeff Bezos</a> posted an add on Aug. 22, 1994 on an online public bulletin board and discussion network called Usenet. The job add seeks an &quot;extremely talented&quot; C/C++/Unix developer with a BS, MS, or PhD in Computer Science. Most notable, the candidate needs to design and build large and complex systems &quot;in about one-third the time that most competent people think possible.&quot;</p> <p>Compensation for the job ...</p><p><a href=https://www.benzinga.com/general/movers-shakers/19/08/14318692/jeff-bezos-shares-amazons-first-job-posting alt=Jeff Bezos Shares Amazon&#039;s First Job Posting>Full story available on Benzinga.com</a></p> AMZN GeekWire history Jeff Bezos Top Stories Success Stories Tech Media AMZN US0231351067 Top Stories Success Stories Tech Media Benzinga Fri, 23 Aug 2019 12:33:07 +0000 Jayson Derrick 14318692 at https://www.benzinga.com China To Raise Import Tariffs On $75B Additional US Goods https://www.benzinga.com/government/19/08/14318667/china-to-raise-import-tariffs-on-75b-additional-us-goods <p>U.S. stocks turned lower on Friday after China threatened to once again retaliate to new U.S. tariffs with its own set of tariffs on U.S. imports. Both the U.S. and China are now poised to implement new trade war tariffs starting on Sept. 1.</p> <h3>What Happened</h3> <p>On&nbsp;Friday, China said it will implement new tariffs of between 5% and 10% on $75 billion in <a href="https://www.reuters.com/article/us-usa-trade-china-tariffs/china-unveils-retaliatory-tariffs-on-u-s-goods-in-deepening-trade-row-idUSKCN1VD1AJ">U.S. goods</a>, including agricultural products, crude oil and small aircraft. Some of the tariffs will go into effect on Sept. 1, while the remaining tariffs will begin on Dec. 15.</p> <p>China also said it plans to resume its 25% duties on American automobiles and 5% tariffs on auto parts on Dec. 15. China previously halted those auto tariffs back in April as part of a trade war truce.</p> <h3>Why It&rsquo;s Important</h3> <p>The latest retaliation from China comes after U.S. President Donald Trump said the ...</p><p><a href=https://www.benzinga.com/government/19/08/14318667/china-to-raise-import-tariffs-on-75b-additional-us-goods alt=China To Raise Import Tariffs On $75B Additional US Goods>Full story available on Benzinga.com</a></p> China DIA Donald Trump FXI Government News Regulations SPY tariffs trade war Futures Global Top Stories Markets DIA US78467X1090 FXI US4642871846 SPY US78462F1030 News Government Regulations Futures Global Top Stories Markets Benzinga Fri, 23 Aug 2019 12:21:26 +0000 Wayne Duggan 14318667 at https://www.benzinga.com SmileDirectClub IPO: What You Need To Know https://www.benzinga.com/news/19/08/14312881/smiledirectclub-ipo-what-you-need-to-know <p>A medtech platform that was founded on the philosophy that &quot;everyone deserves a smile&quot; is <a href="https://www.benzinga.com/news/19/08/14283132/smiledirectclub-files-for-100m-ipo">headed for the public markets soon</a>.</p> <p>Will the offering make investors smile?</p> <h3>The IPO Terms</h3> <p>Nashville, Tennessee-based <strong>SmileDirectClub, Inc.</strong> is looking to raise $100 million in its offering, although the number of shares and the price range for the proposed offering have yet to be determined, according to the company&#39;s<a href="http://www.sec.gov/Archives/edgar/data/1775625/000104746919004785/a2239489zs-1.htm"> S-1 filing</a>.</p> <p>The company has applied to list its Class A shares on the Nasdaq under the ticker symbol &quot;SDC.&quot;</p> <p>JPMorgan and Citigroup are the lead book-running managers for the proposed offering, and Bank of America Merrill Lynch, Jefferies, UBS and Credit Suisse are also acting as book-running managers.</p> <p>The company intends to use the net proceeds from the offering to purchase newly issued liability company units from SDC ...</p><p><a href=https://www.benzinga.com/news/19/08/14312881/smiledirectclub-ipo-what-you-need-to-know alt=SmileDirectClub IPO: What You Need To Know>Full story available on Benzinga.com</a></p> ALGN Invisalign News SDC Previews IPOs Top Stories Trading Ideas ALGN US0162551016 SDC News Previews IPOs Top Stories Trading Ideas Benzinga Fri, 23 Aug 2019 12:04:37 +0000 Shanthi Rexaline 14312881 at https://www.benzinga.com Now May Not Be The Time To Be Scared Of Tech ETFs https://www.benzinga.com/trading-ideas/long-ideas/19/08/14317043/now-may-not-be-the-time-to-be-scared-of-tech-etfs <p>Among S&amp;P 500 sectors, technology makes for a predictable victim amid escalating trade fears. The export-heavy nature nature of the sector speaks to that as does a month-to-date decline of 4.1% for the <strong>iShares U.S. Technology ETF </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iyw#NYSE">IYW</a>), an exchange traded fund widely known for having one of the larger weights to <strong>Apple Inc.&nbsp;</strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>).</p> <h3>What Happened</h3> <p>IYW has a three-year standard deviation <a href="https://www.ishares.com/us/products/239522/?referrer=tickerSearch">of nearly 16%</a>, well above what investors find on standard broad market benchmarks, and while tech has recently been turbulent, now may not be the time to throw in the towel on ETFs like IYW.</p> <p>&ldquo;Skeptical investors might reasonably assert that technology firms have already benefited from a multi-year rally, and as a result are not cheap,&rdquo; said BlackRock <a href="https://www.blackrockblog.com/2019/08/20/can-a-growth-scare-benefit-tech-stocks/">in a recent note</a>. &ldquo;While true, there are several factors favoring the sector, including high profitability ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/19/08/14317043/now-may-not-be-the-time-to-be-scared-of-tech-etfs alt=Now May Not Be The Time To Be Scared Of Tech ETFs>Full story available on Benzinga.com</a></p> AAPL Blackrock IYW Long Ideas MSFT Sector ETFs Top Stories Tech Trading Ideas ETFs IYW US4642877215 AAPL US0378331005 MSFT US5949181045 Long Ideas Sector ETFs Top Stories Tech Trading Ideas ETFs Benzinga Fri, 23 Aug 2019 11:50:07 +0000 ETF Professor 14317043 at https://www.benzinga.com Foot Locker Trades Lower On Q2 Earnings Miss https://www.benzinga.com/news/earnings/19/08/14318303/foot-locker-trades-lower-on-q2-earnings-miss <p><strong>Foot Locker</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fl#NYSE">FL</a>) shares are trading lower after the company reported worse-than-expected <a href="https://www.benzinga.com/pressreleases/19/08/n14318121/foot-locker-inc-reports-2019-second-quarter-results">second-quarter results</a>.</p> <p>The company reported second-quarter earnings of 66 cents per share, which missed the analyst consensus estimate of 67 cents. This is a 12% decrease over earnings of 75 cents per share from the same period last year.</p> <p>Foot Locker reported quarterly sales of $1.774 billion, which missed ...</p><p><a href=https://www.benzinga.com/news/earnings/19/08/14318303/foot-locker-trades-lower-on-q2-earnings-miss alt=Foot Locker Trades Lower On Q2 Earnings Miss>Full story available on Benzinga.com</a></p> Earnings FL News Top Stories Pre-Market Outlook FL US3448491049 News Earnings Top Stories Pre-Market Outlook Benzinga Fri, 23 Aug 2019 11:36:07 +0000 Tanzeel Akhtar 14318303 at https://www.benzinga.com What Motivates CEOs Like Tim Cook And Elon Musk To Wake Up Every Morning https://www.benzinga.com/news/19/08/14309181/what-motivates-ceos-like-tim-cook-and-elon-musk-to-wake-up-every-morning <p>Nearly all leaders of the most successful businesses eventually get asked a version of this interview question: <em>&ldquo;What drives you? What motivates you to get up in the morning?&rdquo;</em></p> <p>The answers vary, but a look at responses to that question from successful business leaders &mdash; CEOs and founders of particularly successful ventures &mdash; turns up an interesting theme.</p> <p>While the leaders of many companies you&rsquo;ve never heard of talk about a goal for their business (&ldquo;I wake up driven to make the best company in this space, to have the most users or the biggest market cap&rdquo;), most really successful leaders instead talk about goals for the broader world &mdash; for mankind, if you will.</p> <p>Maybe it&rsquo;s hubris. The kind of people who think they can change the world are the kind of people stubborn enough to build a huge enterprise.</p> <p>But whatever the reason, many successful business leaders wake up in the morning hoping not to win the quarter for their business, but for society.</p> <p>The following are four business leaders with big motivations beyond the quarterly bottom line that get them out of bed in the morning.</p> <h3>Creating Tools</h3> <p><strong>Apple Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) CEO Tim Cook says he&rsquo;s only motivated to make products if they can change the world for millions of people.</p> <p>&ldquo;The idea that putting ...</p><p><a href=https://www.benzinga.com/news/19/08/14309181/what-motivates-ceos-like-tim-cook-and-elon-musk-to-wake-up-every-morning alt=What Motivates CEOs Like Tim Cook And Elon Musk To Wake Up Every Morning>Full story available on Benzinga.com</a></p> AAPL Bill Clerico Elon Musk Indra Nooyi JPM PEP Tim Cook TSLA Movers & Shakers Psychology Top Stories Success Stories General AAPL US0378331005 JPM US46625H1005 PEP US7134481081 TSLA US88160R1014 Movers & Shakers Psychology Top Stories Success Stories General Benzinga Thu, 22 Aug 2019 21:00:23 +0000 Dave Royse 14309181 at https://www.benzinga.com VMware Will Acquire Pivotal Software And Carbon Black https://www.benzinga.com/m-a/19/08/14316445/vmware-will-acquire-pivotal-software-and-carbon-black <p><strong>VMware, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vmw#NYSE">VMW</a>) announced two different acquisition after Thursday&#39;s market close.</p> <p>The company entered into a definitive merger agreement with <strong>Carbon Black Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cblk#NASDAQ">CBLK</a>). The deal will see VMware acquire Carbon Black through a cash tender offer for $26 per share.</p> <p>The transaction has an enterprise value of $2.1 billion.</p> <p>VMware also entered into ...</p><p><a href=https://www.benzinga.com/m-a/19/08/14316445/vmware-will-acquire-pivotal-software-and-carbon-black alt=VMware Will Acquire Pivotal Software And Carbon Black>Full story available on Benzinga.com</a></p> CBLK M&A News PVTL VMW Top Stories After-Hours Center VMW US9285634021 PVTL CBLK News M&A Top Stories After-Hours Center Benzinga Thu, 22 Aug 2019 20:43:04 +0000 Brett Hershman 14316445 at https://www.benzinga.com HP Inc Falls After Q3 Earnings; CEO To Step Down https://www.benzinga.com/news/earnings/19/08/14316083/hp-inc-falls-after-q3-earnings-ceo-to-step-down <p><strong>HP Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hpq#NYSE">HPQ</a>) shares are down after reporting a <a href="https://www.benzinga.com/pressreleases/19/08/g14315941/hp-inc-reports-fiscal-2019-third-quarter-results">third-quarter sales</a> miss.</p> <p>Earnings came in at 58 cents per share, beating estimates by 3 cents. Sales came in at $14.6 billion, missing estimates by $20 million.</p> <p>&quot;We continued to deliver strong free cash flow ...</p><p><a href=https://www.benzinga.com/news/earnings/19/08/14316083/hp-inc-falls-after-q3-earnings-ceo-to-step-down alt=HP Inc Falls After Q3 Earnings; CEO To Step Down>Full story available on Benzinga.com</a></p> Dion Weisler Earnings Enrique Lores HPQ News Management Top Stories After-Hours Center HPQ US4282361033 News Earnings Management Top Stories After-Hours Center Benzinga Thu, 22 Aug 2019 20:17:27 +0000 Brett Hershman 14316083 at https://www.benzinga.com