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Stock Market & Financial Investment News

News Breaks
July 10, 2014
09:13 EDTSTX, WDC, HPQHP Western Digital Seagate to benefit from PC rebound, says RBC Capital
After Gartner estimated that PC sales were flat year-over-year in Q2, RBC Capital believes that PC shipments are rebounding and predicts that PC demand will continue to improve going forward. The firm says that HP (HPQ), Western Digital (WDC) and Seagate (STX) are the most notable beneficiaries of this trend. It keeps Outperform ratings on Seagate and Western Digital and a Sector Perform rating on Hewlett-Packard.
News For HPQ;WDC;STX From The Last 14 Days
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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.
10:00 EDTWDCOn The Fly: Analyst Upgrade Summary
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09:37 EDTHPQActive equity options trading on open
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09:15 EDTWDCWestern Digital upgraded at RW Baird
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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.
06:06 EDTWDCWestern Digital upgraded to Outperform from Neutral at RW Baird
July 15, 2014
10:00 EDTWDC, STXOn The Fly: Analyst Initiation Summary
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08:09 EDTHPQRalph Whitworth taking leave of absence at Relational INvestors
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08:05 EDTHPQHP announces interim chairman Whitworth resigns for health reasons
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08:02 EDTHPQHP announces resignation of chairman Ralph Whitworth
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06:27 EDTHPQHP looks to crack tablet market in India with phablets, India Times reports
HP has aggressive plans to crack the tablet market in India by breaking into the phablet space, reports the India Times. The company's VP Ivy Liang said the company wants to "crack the right products in the phablet market" as it looks to expand its wings in the Indian market following the moderate success of HP Slate Voice Tabs. HP will now also explore telecom channels for the phablet go-to-market route. Reference Link
06:06 EDTHPQHP implied volatility of 21 at lower end of index mean range
July 14, 2014
16:40 EDTWDCWestern Digital initiated with a Positive at Susquehanna
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16:39 EDTSTXSeagate initiated with a Positive at Susquehanna
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11:21 EDTWDCWestern Digital added to short-term buy list at Deutsche Bank
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11:21 EDTHPQHP added to short-term buy list at Deutsche Bank
08:34 EDTWDC, STX, HPQPC market stability could be short-lived, Reuters says
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06:59 EDTWDCWestern Digital price target raised to $118 from $100 at Deutsche Bank
Deutsche Bank raised its price target for Western Digital shares to $118 on expectations PC market strength will continue and that enterprise will recover in the second half of 2014. Deutsche expects Western Digital to report June quarter results above guidance due to market share gains and it keeps a Buy rating on the stock.
06:57 EDTSTXSeagate price target raised to $74 from $64 at Deutsche Bank
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