New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For ACN;CTSH;IBM;HPQ;WIT;INFY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | all recent news | >>
November 26, 2014
16:14 EDTHPQOn The Fly: Closing Wrap
Stocks on Wall Street were modestly higher ahead of the Thanksgiving holiday. The market opened in relatively quiet fashion and remained that way throughout the day. There was little reaction to the host of economic reports that were released during the day as many investors prepared for the Thanksgiving holiday and tried to stay clear of the first winter storm of the season. The volume remained light as it has been all week as investors look toward Black Friday and its effect on the retail industry. ECONOMIC EVENTS: In the U.S., initial jobless claims rose to 313K last week from the prior week's 291K first-time claims. Expectations were for claims to fall to 288K. Consumer spending rose a seasonally adjusted 0.2% from the prior month in October, versus the forecast for a 0.3% rise. Personal income increased 0.2%, which also undershot the 0.4% increase that was expected. Durable goods orders rose 0.4% in October from a month earlier, beating expectations for overall orders to fall 0.5%. However, the rise largely reflected a surge in demand for defense aircraft and excluding transportation, orders fell 0.9%, which was the biggest drop since December 2013. The National Association of Realtors' pending home sales index fell 1.1% to 104.1 in October, versus expectations for it to have risen 0.5%. New home sales rose 0.7% to a 458K rate in October, which was bit below the 0.8% increase that was forecast. The University of Michigan consumer confidence final reading for November came in at 88.8, which was not quite as good as the preliminary reading of 89.4 but was up compared to October's 86.9 final figure. In Europe, European Central Bank VP Vitor Constancio said the central bank "will have to consider" buying other assets, including sovereign bonds in the secondary market, early next year if it decides that more aggressive stimulus measures are needed. COMPANY NEWS: Deere (DE) shares fell 72c, or 0.81%, to $87.07 after the company forecast a 20% decline in farm equipment sales for the recently started fiscal year. The company's just completed quarter was more profitable than expected, but its implied EPS forecast for the new fiscal year significantly trailed the consensus forecast. HP (HPQ) advanced $1.56, or 4.16%, to $39.19 after its fourth quarter earnings matched estimates and its revenue came in nearly in-line with the consensus forecast. Following the report, Citigroup said HP's Q4 results show the company's fundamentals are improving, while Wells Fargo believes the company is well-positioned in a number of areas and has "largely turned the corner." MAJOR MOVERS: Among the notable gainers was defense contractor Cubic (CUB), which rose 8.3% after the company’s fourth quarter results surpassed analysts’ consensus estimates and it raised its semi-annual dividend. GoPro (GPRO) was up 5.7% after announcing it was developing its own line of consumer drones. Among the noteworthy losers were two drilling contractors, Seadrill (SDRL) and North Atlantic Drilling (NADL), which fell 23% and 16% respectively after each of the companies announced that they have suspended their dividends. INDEXES: The Dow rose 12.81, or 0.07%, to 17,827.75, the Nasdaq added 29.07, or 0.61%, to 4,787.32, and the S&P 500 gained 5.80, or 0.28%, to 2,072.83.
16:01 EDTHPQOptions Update; November 26, 2014
Subscribe for More Information
12:56 EDTHPQOn The Fly: Midday Wrap
Subscribe for More Information
09:35 EDTHPQActive equity options trading
Active equity options trading according to Track Data: AAPL HPQ SDRL TASR FB TXN NFLX AMZN TWTR PBR
09:17 EDTHPQHP CEO says company has 'some time now' to pursue M&A
Subscribe for More Information
09:16 EDTHPQHP CEO says company focused on 'profitable growth'
Subscribe for More Information
09:13 EDTHPQHP CEO says margin improvement coming 'across the board'
Subscribe for More Information
07:39 EDTHPQHP turnaround continues successfully for third year, says UBS
Subscribe for More Information
07:29 EDTHPQHP 'has largely turned the corner,' says Wells Fargo
Subscribe for More Information
06:13 EDTHPQHP Q4 results show improving fundamentals, says Citigroup
Subscribe for More Information
November 25, 2014
18:18 EDTHPQOn The Fly: After Hours Movers
Subscribe for More Information
17:58 EDTHPQHP CEO says revenue would grow in 2015 without FX headwinds
17:50 EDTHPQHP confident that company will execute in FY15 amid separation
Subscribe for More Information
17:44 EDTHPQHP sees FY15 revenue in constant currency flat
17:41 EDTHPQHP reaffirms FY15 free cash flow view at $6.5B-$7B
Subscribe for More Information
17:36 EDTHPQHP sees making gains in PC sector as industry consolidates
17:30 EDTHPQHP sees commercial PC growth to moderate in Q1
Comments from Q4 earnings call.
16:26 EDTHPQHP down 1% to $37.25 after reporting Q4 results, guidance
16:10 EDTHPQHP says Q4 personal systems revenue was up 4% year over year
Subscribe for More Information
16:08 EDTHPQHP sees FY15 EPS $3.83-$4.03, consensus $3.95
16:07 EDTHPQHP sees Q1 EPS 89c-93c, consensus 93c
Subscribe for More Information
16:06 EDTHPQHP reports Q4 EPS $1.06, consensus $1.06
Reports Q4 revenue $28.4B, consensus $28.76B.
15:31 EDTHPQNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Hewlett-Packard (HPQ), consensus $1.06; Analog Devices (ADI), consensus 68c; Cubic (CUB), consensus 94c; Nimble Storage (NMBL), consensus (16c); Veeva Systems (VEEV), consensus 8c; Infoblox (BLOX), consensus 3c; TiVo (TIVO), consensus 7c; Perfect World (PWRD), consensus 40c.
15:10 EDTHPQHP November weekly 38 straddle priced for 4.1% move into Q4
Subscribe for More Information
14:18 EDTHPQHP technical notes before results
Subscribe for More Information
12:35 EDTHPQEarnings Preview: Analysts take positive view of HP after split plan
Subscribe for More Information
10:43 EDTHPQHP volatility elevated into Q4 and outlook
HP November weekly call option implied volatility is at 50, December is at 25, January and February is at 22; compared to its 26-week average of 26 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on November 25.
10:00 EDTINFYOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:06 EDTINFYInfosys downgraded to Sell from Hold at Societe Generale
November 24, 2014
16:08 EDTIBMChinaCache announces strategic partnership with Aspera
ChinaCache (CCIH) announced that it has formed a strategic partnership with Aspera to provide best-performance high-speed data transmission services for large files. Aspera, an IBM (IBM) company, developed the technologies that move the world's data at maximum speeds. ChinaCache will combine its high quality CDN network service with Aspera's FASP™ transmission technology to ensure high-speed transmission of large data files around the globe, with the added benefits of safety, controllability, cost-effectiveness and flexibility. The combination can increase the data transmission speed by 3 to 184 times, while enhancing the connectivity and stability of networks, as well as the security of data transmission.
14:24 EDTIBMIBM off highs after CNBC refutes earlier Icahn rumor
Subscribe for More Information
14:18 EDTIBMIcahn has 'no involvement' in IBM, CNBC reports
Sources say Carl Icahn has "absolutely no involvement" in IBM, reported CNBC's Scott Wapner on Twitter, noting that the stock "had moved earlier on rumor that he did." Reference Link
11:49 EDTHPQCitigroup mobile devices analysts hold an analyst/industry conference call
Subscribe for More Information
09:57 EDTIBMRumor: IBM moves up on renewed activist investor speculation
Subscribe for More Information
08:56 EDTIBMEricsson, IBM collaborate to research phased-array antenna designs for 5G
Subscribe for More Information
07:28 EDTHPQHP price target raised to $45 from $40 at Deutsche Bank
Deutsche Bank raised its price target for HP shares to $45 ahead of the company's Q4 results on November 25. The firm expects an in-line quarter with the potential for higher earnings due to buybacks. To reflect higher buybacks, Deutsche raised its earnings estimates and it keeps a Buy rating on HP.
06:44 EDTHPQHP volatility elevated into Q4 and outlook
HP November weekly call option implied volatility is at 52, December is at 30, January is at 23, February is at 22; compared to its 26-week average of 26 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on November 25.
November 23, 2014
14:29 EDTHPQ3D printing draws regulatory scrutiny as its applications spread, FT says
Subscribe for More Information
November 21, 2014
12:08 EDTHPQHP December volatility elevated into Q4 and outlook
HP November weekly call option implied volatility is at 41, December is at 32, January is at 23, February is at 22; compared to its 26-week average of 26 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on November 25.
09:04 EDTCTSH, ACNImmigration reform to have modest impact on IT services stocks, says Bernstein
Subscribe for More Information
November 20, 2014
12:00 EDTHPQAnalyst sees new competition shaking up 3D printing market
Subscribe for More Information
08:04 EDTHPQHP December volatility elevated into Q4 and outlook
Subscribe for More Information
November 19, 2014
16:32 EDTHPQStratasys appoints ex-Hewlett-Packard Chris Morgan as CMO
Stratasys (SSYS) appointed Chris Morgan as Senior VP and Chief Marketing Officer for Stratasys. Morgan is a 25-year veteran of HP (HPQ).
09:02 EDTIBMVeolia Environment, IBM announce new partnership
Subscribe for More Information
08:54 EDTACNExecutives' Club of Chicago to hold a meeting
CIO Murray of Northern Trust and Managing Director Larson of Accenture participate in a speech entitled, "Shifting Gears: Transforming to a Digital Enterprise in a meeting being held in Chicago on November 19 at 6 pm.
07:46 EDTHPQSymantec, Hewlett-Packard announce DRaaS solution partnership
Subscribe for More Information
November 18, 2014
12:50 EDTINFYInfosys BPO unit fires CFO, unit CEO resigns
Subscribe for More Information
11:48 EDTIBMIBM introduces new e-mail application for business
IBM announced earlier today that it is reinventing enterprise email with a new freemium social collaboration offering that uses built-in analytics to give individuals a new way to converse, find the right people and information fast, and get work done. The company added, "IBM Verse stems from the company's $100M investment in design innovation and brings together its leading cloud, analytics, social and security platforms to transform the future of work. IBM Verse takes a vastly different approach to enterprise email by integrating the many ways employees connect each day – via email, meetings, calendars, file sharing, instant messaging, social updates, video chats and more – through a single collaboration environment. It is the first messaging system to feature 'faceted search,' which enables users to pinpoint and retrieve specific information they're seeking across all the various types of content within their email. IBM Verse uses built-in analytics to provide an 'at-a-glance' view that intelligently surfaces an individual's most critical actions for the day. By learning unique employee preferences and priorities over time, it provides instant context about a given project as well as the people and teams collaborating on it. This is in contrast to most freely available mail services that mine a user's inbox to increase advertising and monetize that data in other ways – an unwelcome proposition for business users concerned about privacy or which operate in regulated industries such as healthcare and finance.Clients using IBM Verse will also have the future option to embed a Watson feature into their collaboration environment, which enables users to query Watson on a given topic and receive a direct reply with answers ranked by degree of confidence."
10:15 EDTCTSHHigh option volume stocks
Subscribe for More Information
07:36 EDTCTSH, IBMUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link
06:57 EDTIBMCray price target raised to $40 from $35 at Stifel
Subscribe for More Information
05:29 EDTIBMIBM signs EUR 1B contract with Lufthansa
IBM (IBM) announced that it has signed a seven-year EUR 1B outsourcing contract to deliver IT infrastructure services for the Deutsche Lufthansa AG (DLAKY) and its Group companies. According to the agreement, which is subject in particular to the approval of the Lufthansa Supervisory Board and antitrust authorities, IBM will first optimize the airline's IT processes to increase efficiency, which is expected to generate an estimated cost savings by an average of approximately EUR 70M annually for the Lufthansa Group. This agreement is in line with the terms and conditions as published already in October. As part of the outsourcing agreement, IBM will manage Lufthansa Systems' entire data center operations, help desk and printer services along with individual infrastructure services. Around 1,400 Lufthansa Systems employees will transfer to IBM. Infrastructure services are scheduled to begin from IBM on April 1, 2015. The contract was signed November 15, 2014.
November 17, 2014
07:52 EDTIBMDepartment of Energy awards $425M for supercomputing technologies
Subscribe for More Information
November 14, 2014
16:39 EDTIBMBerkshire Hathaway gives quarterly update on stakes
Subscribe for More Information
November 13, 2014
13:28 EDTIBMBlackBerry hits 52-week high after unveiling partnerships
Shares of BlackBerry (BBRY) hit a new 52-week high after the company announced three new partnership deals. The company is slated to hold its analyst day today, starting at 3:30 PM ET. WHAT'S NEW: BlackBerry announced that it would partner with Samsung to provide a security solution for the South Korean company's mobile devices that utilize Google's (GOOG) Android operating system. Under the deal, BlackBerry’s BES12, an Enterprise Mobility Management system, or EMM that was launched today, will be integrated with some of Samgung's Galaxy smartphones and tablets. BES 12 "securely manages devices from all of the major enterprise mobile platforms" and "will help organizations securely connect employees with each other and with the corporate information and machines” they need, BlackBerry stated. Also today, Blackberry announced that it would connect its EMM solutions to Salesforce's (CRM) top customer relationship management platform. "This agreement will allow Salesforce and BlackBerry joint customers to run their businesses from their phone while complying with specific industry regulations," said Vivek Kundra, a Salesforce Executive Vice President in a statement. "BlackBerry has an excellent reputation in security and networks, and when matched with the Salesforce Customer Success Platform, public sector organizations can use their mobile devices to connect with customers in a whole new way," added Kundra. Finally, BlackBerry announced that Brightstar would distribute BES 12. BlackBerry described Brightstar as "the world's largest wireless distribution company and leader in services for the wireless industry." WHAT'S NOTABLE: BES12 is expected to compete with Apple (AAPL) in the enterprise space. Apple earlier this year announced that it was partnering with IBM (IBM) in an effort to sell more products to corporate customers. PRICE ACTION: In mid-afternoon trading, BlackBerry jumped 6% to $11.95. Earlier today the shares set a new 52-week high of $12.05.
12:02 EDTIBMIBM signs 10-year, large-scale services agreement with WOOX Innovations
Subscribe for More Information
08:52 EDTINFYInfosys among suitors for Airbus' CIMPA unit, Economic Times says
Infosys (INFY) is among the suitors looking to acquire CIMPA, the engineering services unit of Airbus (EADSY), said Economic Times, citing people familiar with the matter, who added that Infosys could also get a revenue assurance from Airbus as part of a deal. Reference Link
<< 1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use