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Xerox Decides Not To Take Over HP Due To 'Macroeconomic And Market Turmoil'
Tuesday, March 31, 2020 - 10:16pm | 396Read More...Xerox (NYSE: XRX) will not go ahead with its $30 billion hostile takeover bid for HP Inc (NYSE: HPQ) , due to the ongoing coronavirus pandemic. What Happened Citing “macroeconomic and market turmoil” caused by COVID-19, Xerox has ceased its efforts to place nominees on HP’s board...
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Bulls And Bears Of The Week: Apple, Boeing, FANGs And More
Sunday, March 15, 2020 - 9:45am | 882Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a top bank and the FANG stocks. Bearish calls included many oil stocks and the iPhone maker. The U.S. markets had another tough week due to the one-two punch of an unexpected oil...
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HP Is Resisting Xerox, But Can It Resist COVID-19?
Friday, February 28, 2020 - 10:28am | 969Read More...HP Inc. (NYSE: HPQ), Palo Alto-based manufacturer of personal computers and printers, is fighting hostile takeover bid by Xerox Holdings Corporation (NYSE: XRX) by beating earnings target in the fiscal quarter ending on January 31st. For now, HP is managing to ward-off its competition, but there...
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Earnings To The Rescue? HP, Macy's, Home Depot All Report Solid Results, Providing Lift
Tuesday, February 25, 2020 - 10:52am | 2315Read More...Anyone hoping for a quick comeback from the worst session in two years could be in for disappointment. Things seem to be on more solid footing to start Tuesday amid a host of decent earnings news, but several stocks got downgraded and the virus showed no signs of slowing down. Some of the...
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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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Xerox Threatens HP With Hostile Takeover Bid
Friday, November 22, 2019 - 5:49am | 461Read More...Xerox 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 - 8:15am | 662Read More...The 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 - 3:06pm | 883Read More...Benzinga 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 - 10:32am | 384Read More...Hewlett 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 - 6:44pm | 381Read More...Gainers: 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 - 12:48pm | 324Read More...Analysts 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 - 2:22pm | 352Read More...Microsoft 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 - 10:20am | 351Read More...Hewlett 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 - 1:35pm | 447Read More...How 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 - 11:56am | 390Read More...Corning 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...
