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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 - 11:11am | 722Hewlett 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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Xerox Threatens HP With Hostile Takeover Bid
Friday, November 22, 2019 - 4:49am | 461Xerox Holdings Corporation (NYSE: XRX) means business when it comes to acquiring computer hardware company HP Inc (NYSE: HPQ). If the HP board doesn’t agree to the buyout bid, the veteran printer and copy machine maker will approach the HP shareholders directly, Xerox said on...
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Barron's Picks And Pans: Apple, HP, Under Armour, 'Shark Week' And More
Sunday, August 4, 2019 - 7:15am | 662The cover story in this weekend's Barron's suggests ways investors can play the shifting retail landscape. Other featured articles discuss why utility stocks still make sense and how a climate scientist invests for retirement. Also, the prospects for a post-split tech giant, the iPhone...
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Bulls & Bears Of The Week: Apple, Ford, Nike, Verizon And More
Sunday, December 9, 2018 - 2:06pm | 883Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls the leading EV maker and a couple of social media giants. Bearish calls included a top automaker and a telecom giant. In another wild week in the stock markets, not only did the major U.S. indexes end...
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HP Enterprise Misunderstood By The Street, Loop Capital Markets Says In Upgrade
Tuesday, February 20, 2018 - 9:32am | 384Hewlett Packard Enterprise Co (NYSE: HPE) is scheduled to report fourth-quarter results Thursday, but Loop Capital Markets isn't waiting for the print to turn bullish on the stock. The Analyst Loop Capital Markets' Ananda Baruah upgraded Hewlett Packard Enterprise's stock rating from...
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9 Stock's Moving In Tuesday's After Hours Session
Tuesday, November 21, 2017 - 5:44pm | 381Gainers: GameStop Corp. (NYSE: GME) shares are up 4 percent after reporting a third quarter earnings and sales beat. Third quarter adjusted EPS came in at 48 cents, 5 cents higher than estimates. Sales beat estimates by $30 million, coming in at $1.99 billion. Axalta Coating Systems LTD (NYSE:...
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Reasons To Be Bullish On HP
Wednesday, August 23, 2017 - 11:48am | 324Analysts at Loop Capital Markets initiated coverage of HP Inc. (NYSE: HPQ) ahead of the company's earnings report, scheduled to be released after Wednesday's close. Analyst Ananda Baruah initiated coverage of HP's stock with a Buy rating and $23 price target. HP's printing business...
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HP Inc Lands On A New Cloud, Partners With Microsoft
Wednesday, September 14, 2016 - 1:22pm | 352Microsoft Corporation (NASDAQ: MSFT) announced Monday that it had entered into a six-year agreement with HP Inc (NYSE: HPQ) for the deployment of its Microsoft Dynamics to thousands of employees across HP. HP was formerly a cloud partner of salesforce.com, inc. (NYSE: CRM). During a Deutsche Bank...
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HP Looking To Streamline Further By Selling Its Software Unit
Friday, September 2, 2016 - 9:20am | 351Hewlett Packard Enterprise Co (NYSE: HPE) is looking to sell its software unit in a deal that could worth up to $10 billion. The Wall Street Journal, citing a "person familiar with the situation," reported that HPE is looking for a buyer for its software business as part of a series of major moves...
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Oracle Versus Salesforce: Trip Chowdhry Says Salesforce's Woes Are 'Fixable'
Monday, August 22, 2016 - 12:35pm | 447How does salesforce.com, inc. (NYSE: CRM)'s business stack up to the much larger Oracle Corporation (NYSE: ORCL)? According to Global Equities Research's Trip Chowdhry, salesforce is in an "uncomfortable position" compared to its peer, as it is "technology light and marketing heavy" and faces near...
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New Improved Smartphone Gorilla Glass, Now With Added Gorilla
Thursday, July 21, 2016 - 10:56am | 390Corning Incorporated (NYSE: GLW) has unveiled its Corning Gorilla Glass 5, which has a "survival rate" of 80 percent when dropped face-down from 1.6 meters onto "rough, unforgiving surfaces." Innovations "With each successive generation of Corning Gorilla Glass, we have taken cover glass technology...
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Pure Storage: Baird Stays On The Sidelines, Names Cisco Systems As Possible Buyer
Wednesday, June 29, 2016 - 2:55pm | 403Baird recommends investors stay on the sidelines with Pure Storage Inc (NYSE: PSTG), a provider of all-flash array (AFA) storage solutions, unless the market-share trajectory becomes clearer. Further, the brokerage said Cisco Systems, Inc. (NASDAQ: CSCO) and Hitachi, Ltd. (ADR) (OTC: HTHIY) could...
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Another Lackluster Quarter For PC Sales, Says Gartner
Tuesday, April 12, 2016 - 11:18am | 363According to a report by Gartner, worldwide PC shipments fell 9.6 percent during the first quarter of 2016. Gartner elaborated that total worldwide PC shipments in the first quarter came in at 64.8 million units, marking the sixth consecutive quarter of PC shipment declines. PC shipments dropped...
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Gartner: PC Shipments Fell By 8.3% In Q4, Fifth Consecutive Quarterly Decline
Wednesday, January 13, 2016 - 8:54am | 284Gartner, the world's leading information technology research and advisory company, reported on Tuesday that worldwide PC shipments declined 8.3 percent year-over-year in the fourth quarter of 2015. According to Gartner, worldwide PC shipments totaled 75.7 million units in the quarter,...
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The Former Hewlett-Packard Highlights Short Earnings Week
Monday, November 23, 2015 - 7:04am | 805Earnings from the Hewlett-Packard spin-offs highlight the holiday-shortened week. Expectations are low for Deere on the top and bottom lines. Earnings are seen doubling from at least two others reported this week. While many investors and analysts will be focused on the Thanksgiving...