New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For HPQ;AIG;WBMD;ARUN;FIRE;MMSI;FRO From The Last 14 Days
Check below for free stories on HPQ;AIG;WBMD;ARUN;FIRE;MMSI;FRO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 31, 2014
09:28 EDTHPQElephant Talk and Hewlett-Packard collaborate on sales platform
Subscribe for More Information
July 30, 2014
13:35 EDTAIGAIG August weekly volatility elevated into Q2 and outlook
Subscribe for More Information
11:01 EDTHPQAvnet expands distribution relationship with HP into Mexico
Avnet Technology Solutions, an operating group of Avnet (AVT), announced that it will now distribute HPs (HPQ) data center-related products in Mexico, including enterprise technologies and software. Under this new agreement, Avnet will provide channel partners with a wide variety of resources to help them capture analytics, big data, cloud computing and converged infrastructure opportunities. To support this relationship, Avnet has formed an HP Solutions group in Mexico, a dedicated team focused on helping partners increase their data center sales with HP enterprise technologies and software.
10:00 EDTMMSIOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:53 EDTHPQBest Buy CEO Joly says sales of tablets 'crashing,' Re/code reports
Subscribe for More Information
06:22 EDTMMSIMerit Medical downgraded to Outperform from Strong Buy at Raymond James
Subscribe for More Information
July 29, 2014
16:04 EDTMMSIMerit Medical sees FY14 EPS 61c-65c, consensus 76c
Sees FY14 revenue $511M-$515M, consensus $494.7M
16:02 EDTMMSIMerit Medical reports Q2 EPS 15c, consensus 17c
Reports Q2 revenue $128.9M, consensus $121.4M. ""Although we have incurred some short-term expenses associated with the splitting of our U.S. sales force, thus far we have exceeded our initial sales estimates and we are optimistic that this trend will continue into the future as the subsidies expire," the company said.
July 28, 2014
07:48 EDTHPQHP awarded $55.8M five-year services contract by Anaheim, CA
HP Enterprise Services announced the city of Anaheim, CA, has signed a $55.8M agreement for HP to continue managing the city's information technology, or IT, environment. Under the five-year contract, which includes a pair of two-year extension options not included in the announced contract value, HP will continue providing a full suite of services for Anaheim's IT infrastructure. HP also will enhance services with an upgraded disaster recovery solution that will ensure business continuity following a catastrophic event. New services also include infrastructure enhancements designed to accelerate hosting service virtualization, lower power consumption with PC power management and enhance IT security.
July 24, 2014
07:50 EDTHPQHP, Hortonworks extend strategic partnership
Subscribe for More Information
07:16 EDTFROShip Finance announces sale of 3 older VLCCs to Frontline
Ship Finance (SFL) announced that it has agreed to sell the 1999 built VLCCs Front Opalia, Front Comanche and Front Commerce to an unrelated third party. The company has simultaneously agreed to terminate the corresponding charter parties with a subsidiary of Frontline (FRO). The vessels are expected to be delivered to the new owners in the Q4 and Ship Finance expects to receive cash proceeds of approximately $77.5M, including approximately $10.5M upfront payment from Frontline. In addition, we will receive approximately $48.3M in 7.25% amortizing notes from Frontline. The amortization profile and maturity of the notes will match the current charters for the three vessels, with reduced rates until 2015 and full rates from 2016. Divesting of older vessels is a part of the company's strategy to renew and diversify the fleet, and the proceeds is expected to be reinvested in other assets. Following this sale, the number of vessels on charter to Frontline will be reduced to 17 vessels, including 12 VLCCs and five Suezmax crude oil carriers.
07:14 EDTFROFrontline announces termination of charter-in contracts of VLCCs
Frontline (FRO) has agreed with Ship Finance International (SFL) to terminate the long term charter parties for the 1999 built VLCCs Front Opalia, Front Comanche and Front Commerce and Ship Finance has simultaneously sold the vessels to unrelated third parties. The charter parties are expected to terminate in Q4. The decision to terminate the long term charter parties was taken in view of the required investment to take the vessels through the 15 year special survey. Frontline has agreed an aggregate compensation payment to Ship Finance of approximately $58.8M for the early termination of the charter parties, of which approximately $10.5M will be paid upon termination and the balance will be recorded as notes payable, with similar amortisation profiles to the current lease obligations, with reduced rates until December 2015 and full rates from 2016. As of June 30, the company has capital lease obligations to Ship Finance of $101.5M and $608.3M for these three vessels and the remaining 12 VLCCs and five Suezmax tankers, respectively.
July 22, 2014
06:43 EDTAIGMalaysia Airlines incidents rattle insurance market, NY Times says
Subscribe for More Information
06:17 EDTHPQGlobal notebook shipments to increase 4.3% in Q3, DigiTimes Research says
Subscribe for More Information
05:55 EDTHPQStocks with implied volatility movement; NQ HPQ
Stocks with implied volatility movement; NQ Mobile (NQ) 169, Hewlett-Packard (HPQ) 28 according to iVolatility.
July 21, 2014
10:43 EDTHPQFormer Autonomy CFO challenges proposed HP settlement, Re/code reports
Subscribe for More Information
07:29 EDTAIGAIG settlement with BofA takes crisis claw back total up to $2B, FT says
Subscribe for More Information
07:15 EDTHPQO'Reilly to hold a conference
Subscribe for More Information

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