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Stock Market & Financial Investment News

News Breaks
July 17, 2014
16:13 EDTAA, HPQHP appoints Whitman Chairman, Alcoa's Kleinfeld joins board
HP (HPQ)announced that Meg Whitman, HP president and CEO, has been appointed chairman of the board of directors, and current director Pat Russo has been appointed lead independent director. Additionally, Klaus Kleinfeld, chief executive and chairman of Alcoa (AA), has been appointed to the board, bringing the total number of board members to 12. Whitman has been president and chief executive officer of HP since September 2011 and a member of the board since January 2011. Russo has been a director since 2011. She leads the HR and Compensation Committee and is a member of the Nominating, Governance and Social Responsibility Committee. "I'm extremely pleased that the board has elected Meg its chairman and Pat lead independent director," said Ralph Whitworth, departing chairman of HP's board. "Meg and Pat are unwavering in their commitment to the corporate governance, capital allocation and management incentive principles that drove our decisions these past three years. They will stick to and strengthen the critical practices and disciplines we've put in place. HP is in great hands." "Meg has been an outstanding leader since coming to HP, and we believe that as chairman she can most effectively drive the turnaround and continue to build value for our shareholders," said Gary Reiner, chairman of the Nominating, Governance and Social Responsibility Committee. Reiner added, "Throughout Pat's three years on the board, her deep operational and technology experience and her commitment to governance best practice have proved invaluable. She was the obvious choice to step in as lead independent director."
News For HPQ;AA From The Last 14 Days
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November 24, 2014
11:49 EDTHPQCitigroup mobile devices analysts hold an analyst/industry conference call
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09:39 EDTAAActive equity options trading
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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
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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.
10:16 EDTAAAlcoa rises, bullish pattern in progress
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November 20, 2014
12:00 EDTHPQAnalyst sees new competition shaking up 3D printing market
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09:22 EDTAAMorgan Stanley remains bullish on US aluminum
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08:04 EDTHPQHP December volatility elevated into Q4 and outlook
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05:44 EDTAAAlcoa sees Firth Rixson acquisition increasing revenues by $1.6B in 2016
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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).
07:46 EDTHPQSymantec, Hewlett-Packard announce DRaaS solution partnership
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07:13 EDTAAGoldman to hold a conference
Annual Global Metals & Mining Conference is being held in New York on November 19-20.
November 18, 2014
09:56 EDTAAOn The Fly: Analyst Initiation Summary
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06:33 EDTAAAlcoa initiated with a Market Perform at BMO Capital
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November 14, 2014
16:01 EDTAAOptions Update; November 14, 2014
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November 12, 2014
15:08 EDTHPQEarnings Preview: Cisco reports amid analyst debate on break-up potential
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November 11, 2014
06:03 EDTHPQQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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