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Stock Market & Financial Investment News

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February 5, 2013
10:27 EDTHPQ, DELLHewlett-Packard buyout unlikely to follow Dell, analyst contends
HP (HPQ) is unlikely to carry out a leveraged buyout, or LBO, similar to the transaction that Dell (DELL) is undertaking, Jefferies analyst Peter Misek wrote in a note to investors earlier today. It's unlikely that anyone would take as large a stake in HP as Michael Dell took in his company, according to the analyst. Dell announced earlier this morning that it had agreed to sell itself to Michael Dell and investment firm Silver Lake for $13.65 per share. Michael Dell "will maintain a significant equity investment in Dell," and will make an additional cash investment in it, the company said. Based on the valuation that Dell's shareholders received, HP would be worth $12.50-$13.50 in an LBO, Misek wrote. Dell's willingness to take a large stake in his company is a key reason why that deal was able to occur, Misek contended. Meanwhile, the analyst expects HP to report significantly lower than expected earnings per share in fiscal year 2013, and he maintained a $10 price target and Underperform rating on the shares. In mid-morning trading, HP was flat at $16.21.
News For HPQ;DELL From The Last 14 Days
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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
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July 22, 2014
06:17 EDTHPQGlobal notebook shipments to increase 4.3% in Q3, DigiTimes Research says
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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
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07:15 EDTHPQO'Reilly to hold a conference
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July 17, 2014
16:13 EDTHPQHP appoints Whitman Chairman, Alcoa's Kleinfeld joins board
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06:28 EDTHPQHP increasing fire-safety audits in China, WSJ reports
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July 16, 2014
16:00 EDTHPQOptions Update; July 16, 2014
iPath S&P 500 VIX Short-Term Futures down 70c to 27.25. Option volume leaders: AAPL FB GOOG AMZN TWTR TSLA C HPQ TWX INTC AMZN according to Track Data.
09:37 EDTHPQActive equity options trading on open
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08:55 EDTHPQBarclays tech hardware analyst holds an analyst/industry conference call
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08:05 EDTHPQHP has positive read through from Intel results, says Pacific Crest
Pacific Crest has an upward bias on its estimates for HP (HPQ) following Intel's (INTC) positive comments on the PC market. The firm thinks that HP's stock could jump another 20% if enterprise PC fundamentals continue to improve. It keeps an Outperform rating on HP.

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