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Stock Market & Financial Investment News

News For ATI;HPQ From The Last 14 Days
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May 21, 2015
16:14 EDTHPQHP says separation remains on track
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16:12 EDTHPQHP says Q2 Personal Systems revenue was down 5% year over year
Personal Systems revenue was down 5% year over year with a 3.0% operating margin. Commercial revenue decreased 7% and Consumer revenue decreased 2%. Total units were up 2% with Notebooks units up 19% and Desktops units down 14%. Printing revenue was down 7% year over year with an 18.3% operating margin. Total hardware units were down 4% with Commercial hardware units up 1% and Consumer hardware units down 6%. Supplies revenue was down 5%. Enterprise Group revenue was down 1% year over year with a 14.5% operating margin. Industry Standard Servers revenue was up 11%, Storage revenue was down 8%, Business Critical Systems revenue was down 15%, Networking revenue was down 16% and Technology Services revenue was down 8%. Additionally, HP closed its acquisition of Aruba in May. Enterprise Services revenue was down 16% year over year with a 4.0% operating margin. Infrastructure Technology Outsourcing revenue was down 20%, and Application and Business Services revenue declined 8%. Software revenue was down 8% year over year with a 17.9% operating margin. License revenue was down 17%, support revenue was down 2%, professional services revenue was down 15% and software-as-a-service (SaaS) revenue was down 5%. HP Financial Services revenue was down 7% year over year with a 2% decrease in net portfolio assets and a 1% decrease in financing volume. The business delivered an operating margin of 10.6%.
16:11 EDTHPQHP sees associated dis-synergies of seperation approximately $400M to $450M
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16:07 EDTHPQHP sees Q3 EPS 83c-87c, consensus 87c
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16:07 EDTHPQHP backs FY15 EPS view of $3.53-$3.73 , consensus $3.64
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16:06 EDTHPQHP reports Q2 EPS 87c, consensus 86c
Reports Q2 revenue $25.5B, consensus $25.63B.
16:00 EDTHPQOptions Update; May 21, 2015
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15:10 EDTHPQEarnings Watch: HP buys Aruba, forms Chinese joint venture with split nearing
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15:01 EDTHPQNotable companies reporting after market close
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14:32 EDTHPQHP technical notes before results
The key feature on the daily chart is a potential, irregular, inverted bullish head and shoulders pattern. That pattern would not be valid without a breakout above $34. If the pattern triggers following bullish news, upside potential for the pattern would be to the $37 area. If the news is bearish, the pattern would fail to trigger. Downside potential might be a strong as upside, with first major support at the bottom of the head of the pattern at $31. Next support would then be at the $30 area.
14:10 EDTHPQHP May 34 straddle priced for 5.2% movement
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12:49 EDTHPQOn The Fly: Top stock stories at midday
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10:59 EDTHPQHP options active on selling 51% of China unit and into Q2
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08:11 EDTHPQHP to sell 51% of China unit for $2.3B
HP and Tsinghua Holdings jointly announced a partnership that will bring together Chinese enterprise technology assets of Hewlett-Packard and China's prestigious Tsinghua University to create the leading Chinese provider of technology infrastructure. Under the definitive agreement, Tsinghua Holdings subsidiary, Unisplendour Corporation, will purchase a 51% stake in a new business called H3C, comprising H3C Technologies and HP's China-based server, storage and technology services businesses, for approximately $2.3B, valuing the total business at $4.5B.
08:06 EDTHPQHP announces partnership with Tsinghua Holdings
HP and Tsinghua Holdings jointly announced a partnership that will bring together Chinese enterprise technology assets of Hewlett-Packard and China's prestigious Tsinghua University to create the leading Chinese provider of technology infrastructure. Under the definitive agreement, Tsinghua Holdings subsidiary, Unisplendour Corporation, will purchase a 51% stake in a new business called H3C, comprising H3C Technologies and HP's China-based server, storage and technology services businesses, for approximately $2.3B, valuing the total business at $4.5B. Combining these two entities, the new H3C will be a technology powerhouse in China with a market-leading portfolio that will be #1 in networking and a leader in servers, storage and technology services.
06:06 EDTHPQHP to sell stake in Chinese data-networking operation, WSJ reports
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May 20, 2015
08:45 EDTHPQHewlett-Packard volatility elevated into Q2 and outlook
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May 19, 2015
12:55 EDTHPQPC related stocks struggle after Morgan Stanley says PC turn won't come until Q3
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06:36 EDTHPQHP sued by MicroTech for $16.5M for 'unfairly taking advantage'
In a lawsuit filed Monday with the United States District Court for the Northern District of California in San Francisco, Virginia technology company MicroTech accuses Hewlett Packard and the software maker it now owns, Autonomy, of unfairly taking advantage by refusing to return $16.5M in cash paid to Autonomy for software never delivered in a fashion where it could be re-sold. During a national telephonic press conference, Lanny J. Davis, a Washington, D.C. attorney advising MicroTech, described the core allegation in the breach of contract case filed against HP: "Regardless of whether HP was defrauded by Autonomy, or whether HP's over-payment for Autonomy was a product of a possible due diligence failure, in my opinion, HP is not entitled to keep both MicroTech's money AND Autonomy's software that MicroTech duly purchased," Davis said.
06:24 EDTHPQHP to sell controlling stake in H3C unit to Tsinghua Unigroup, Reuters reports
HP will sell its 51% stake in H3C, its China-based computing unit, to Tsinghua Unigroup, Reuters reports, citing comments from a spokesperson for the Chinese private-equity fund's parent company. Terms have not been disclosed, but the spokesperson says he believes the deal will be completed in the coming days. Reference Link
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