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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:08 EDTCSCO, MSFT, IBM, HPQ, ORCLCisco CEO predicts 'brutal' consolidation coming at top of IT ranks, BI reports
Cisco (CSCO) CEO John Chambers predicted the environment of rapid change will bring about a "brutal, brutal consolidation of the IT industry," adding that "only two or three" of the top five companies in the space will "be meaningful" in as soon as five years from now, reported Business Insider. The industry peers Chambers pointed to were IBM (IBM), HP (HPQ), Microsoft (MSFT), and Oracle (ORCL), though he didn't make any forecast about which of those will slip from prominence, according to the report. Reference Link
News For CSCO;MSFT;IBM;HPQ;ORCL From The Last 14 Days
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July 14, 2014
11:21 EDTHPQHP added to short-term buy list at Deutsche Bank
08:46 EDTMSFTItron selects Microsoft Azure as preferred cloud platform
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08:34 EDTHPQ, MSFTPC market stability could be short-lived, Reuters says
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07:48 EDTIBM, MSFTQuantum computer company D-Wave may come public, FT says
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06:46 EDTIBMIBM to research smart cities, Xinhua reports
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06:08 EDTMSFTMicrosoft confirms plans to discontinue MapPoint, Streets & Tips
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06:05 EDTMSFTMicrosoft to expand coverage of free Windows licensing, DigiTimes reports
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July 11, 2014
11:57 EDTMSFTMicrosoft acquires InMage, terms not disclosed
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08:49 EDTHPQJune CIO survey indicates strong 2H, says Morgan Stanley
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July 10, 2014
18:02 EDTHPQWells sees 'shrinking list' of strategic buyers for Rackspace
Wells Fargo sees a "shrinking list" of potential buyers for Rackspace (RAX), with only remaining HP (HPQ) and CenturyLink (CTL) remaining in its opinion. Wells believes Rackspace going private through a leveraged buyout is a possibility, but it thinks such an outcome is a lower probability given the required return assumptions and implied exit multiple. The firm believes the market has correctly assumed a high probability that Rackspace will not undergo a strategic event. However, Wells thinks the potential for a value creating event limits downside in the name. It keeps an Outperform rating on the stock.
16:15 EDTORCLKEYW, Oracle collaborate on advanced security solutions
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10:22 EDTMSFTMicrosoft CEO prepares reshaping plans
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09:13 EDTHPQHP Western Digital Seagate to benefit from PC rebound, says RBC Capital
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07:47 EDTIBMIBM volatility up and into Q2
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07:46 EDTHPQHP awarded computing, servers contract by USAF
HP announced that the United States Air Force, or USAF, has issued a Quantum Enterprise Buy, or QEB, procurement for select HP business PCs and Workstations. Products that will be distributed as part of the procurement include a wide array of business desktop and notebook PCs, including the HP Compaq Pro 6305 SFF, HP Z230 Workstation, HP Z820 Workstation, HP ProBook 640 G1 and the HP ZBook Mobile Workstations. Products acquired through this QEB award will be distributed to USAF bases and facilities around the world.
07:20 EDTORCLIridium completes implementation of Oracle's management and billing solution
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06:29 EDTMSFTMicrosoft, Vitalwerks settle lawsuit, WSJ reports
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06:26 EDTHPQ, MSFTTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:18 EDTMSFT, HPQIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
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05:24 EDTIBMIBM announces $3B cloud, big data systems research initiative
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