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Stock Market & Financial Investment News

News Breaks
October 7, 2012
20:51 EDTHPQ, AAPL, CSCOThings aren't looking up for Hewlett-Packard, Barron's contends
Last week, Hewlett-Packard, or HP (HPQ) CEO Meg Whitman gave her first analyst-day address to Wall Street. She emphasized that she will stay on for years to fix what ails HP, but she also dashed hopes for a quick recovery -- projecting that next year's profit will fall below what the Street had been modeling. On top of HP's other problems -- there is a PC market that won't cooperate, a services business that drags down profits, a slump in printing, and a workforce badly in need of morale rebuilding and a debt-laden balance sheet. HP has net debt of $14.5B, roughly equal to the EBITDA that it is projected to earn in the coming fiscal year. Its debt load sets it apart from peers that have net cash positions, such as Cisco (CSCO), or the many tech companies with no debt, including Apple (AAPL). Reference Link
News For HPQ;CSCO;AAPL From The Last 14 Days
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May 20, 2013
17:12 EDTAAPLApple has avoided paying taxes on operations for five years, U.S. Senate says
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17:11 EDTAAPLApple Operations International has no physical presence, says Senator Levin
Apple Operations International has no physical presence and no employees, according to Senator Levin. Two of three directors are Apple employees, based in the U.S., the Senator added.
16:02 EDTAAPLOptions Update; May 20, 2013
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15:19 EDTAAPLApple sees paying over $7B in taxes to U.S. in current fiscal year
Apple released testimony the company plans to give before the permanent subcommittee on investigations of the U.S. Senate tomorrow. In part, the company plans to state it expects to pay over $7B in taxes to the U.S. Treasury in its current fiscal year. Apple also contends it is "likely the largest corporate income tax payer in the US, having paid nearly $6B in taxes" to the U.S. in FY12. Reference Link
13:01 EDTCSCOCisco hits session lows, levels to watch
The shares are down nearly 2%, last at $23.76. At that price, next support is at $23.32. Resistance is at $24.34.
12:04 EDTAAPLApple rumored to be testing OLED for iWatch, AppleInsider says
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09:40 EDTCSCO, AAPLActive equity option families trading
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07:42 EDTCSCOCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
06:27 EDTAAPLApple MacBook orders to rise 20% sequentially in Q2, DigiTimes says
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06:23 EDTAAPLApple next-generation iPad trial production to begin soon, Digitimes says
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May 19, 2013
18:59 EDTCSCOCisco looks the best out of tech comeback stocks, Barron's says
Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link
May 17, 2013
16:00 EDTCSCO, AAPLOptions Update; May 17, 2013
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14:03 EDTCSCOMarket set to finish week with gains after Cisco results, comments
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12:13 EDTAAPLSamsung says S4 sales to reach 10M next week, Korea Times says
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12:01 EDTAAPLiPad mini panel shipments from AUO expected to drop this quarter, DigiTimes says
AU Optronics' (AUO) shipments of panels for Apple's (AAPL) iPad minis are expected to sink to 2.5M-2.8M in Q2 from 4M in the first quarter, Taiwan-based supply chain sources stated, according to DigiTimes. Reference Link
11:59 EDTCSCOOptions with decreasing implied volatility: ILMN LO A HES INFY CSCO
11:05 EDTAAPLApple devices approves for use on U.S. military networks, Bloomberg says
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09:57 EDTAAPLApple devices approved for use by Pentagon, Bloomberg reports
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09:37 EDTAAPL, HPQActive equity option families trading on open
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07:35 EDTCSCOAruba Networks downgraded to Hold from Buy at Stifel
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