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Stock Market & Financial Investment News

News Breaks
March 19, 2013
08:01 EDTHPQ, ORCLHewlett-Packard witness claims Oracle choice cost HP $4B, IDG says
An economist called by Hewlett-Packard (HPQ) to testify at an evidentiary hearing estimated that Oracle's (ORCL) decision to stop porting to Itanium cost HP $4B-$4.2B and "had a very significant and negative effect on the HP Itanium business," reported IDG News Service. Reference Link
News For HPQ;ORCL From The Last 14 Days
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May 17, 2013
09:37 EDTHPQActive equity option families trading on open
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07:00 EDTHPQHewlett-Packard volatility elevated into Q2 and revenue outlook
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May 15, 2013
11:48 EDTORCLAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:28 EDTORCLDavid Tepper's Appaloosa liquidates stake in Oracle
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09:39 EDTHPQHewlett-Packard estimates remain below Street at Cleveland Research
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08:08 EDTHPQPC sales decline in Western Europe, Economic Times reports
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May 13, 2013
16:27 EDTHPQHewlett-Packard hasn't tried to sell Autonomy to SAP, AllThingsD reports
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15:45 EDTHPQOptions Update; May 13, 2013
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10:41 EDTHPQSAP says HP offered to sell Autonomy, London Times reports
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07:31 EDTORCLBrightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.
May 10, 2013
14:52 EDTHPQ, ORCLMarket poised to end week higher as tech helps lead advance
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09:03 EDTORCLBroadSoft could be acquired by Oracle, says Pacific Crest
Pacific Crest believes that Oracle's (ORCL) interest in SMX servers could lead that company to buy Broadsoft (BSFT), which integrates IMS applications with SMX technology, according to the firm. Pacific Crest thinks that BroadSoft could be worth up to $42.50 per share in a takeover deal, and it keeps an Outperform rating on the shares.
May 8, 2013
09:50 EDTHPQPacific Crest has more questions than answers on Fusion-io
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09:20 EDTHPQFusion-io plummets after resignations of CEO, Chief Marketing Officer
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07:49 EDTHPQBofA/Merrill's semiconductor analyst holds an analyst/industry conference call
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06:53 EDTORCLOracle estimates raised at Credit Suisse
Credit Suisse raised Oracle estimates due to expectations for hardware product revenue growth in FY14, potential upgrades to the recently released T5 and M5 processors, and revenue growth for Engineered Systems. Shares are Outperform rated with a $40 price target.
May 7, 2013
06:21 EDTHPQQualcomm elects Jonathan Rubinstein to board of directors
Qualcomm (QCOM) announced the election of Jonathan Rubinstein to its Board of Directors. Rubinstein brings more than 30 years of experience in the mobile, computing and consumer electronics industries to the position, and he last served as senior vice president of Product Innovation for Hewlett-Packard Company (HPQ) until January 2012.
May 6, 2013
07:17 EDTHPQSummit Business Media holds a conference
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