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Stock Market & Financial Investment News

News Breaks
February 22, 2012
18:35 EDTHPQ
theflyonthewall.com: Hewlett-Packard says not managing for short-term objectives
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News For HPQ From The Last 14 Days
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May 25, 2012
06:38 EDTHPQ
theflyonthewall.com: Google hires team leading HP's ENyo HTML 5 development project, AllThingsD says
Google (GOOG) has hired a team of about half a dozen people leading HP's (HPQ) Enyo HTML 5 development project, sources tell AllThingsD. Google did not strike a deal with HP to buy the technology, a source says, but has been talking over the past month with individual workers. Reference Link :theflyonthewall.com
06:26 EDTHPQ
theflyonthewall.com: Options Update; May 25, 2012
CBOE Volatility Index-VIX down 28c to 22.05. Option volume leaders: HPQ BAC JPM AAPL according to Track Data. :theflyonthewall.com

May 24, 2012
17:08 EDTHPQ
theflyonthewall.com: Hewlett-Packard files automatic mixed securities shelf
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16:19 EDTHPQ
theflyonthewall.com: On The Fly: Closing Wrap

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14:56 EDTHPQ
theflyonthewall.com: Samsung to enter corporate printer market, Korea Times says

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12:23 EDTHPQ
theflyonthewall.com: On The Fly: Midday Wrap

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09:41 EDTHPQ
theflyonthewall.com: Active equity option families in first 10-minutes

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09:23 EDTHPQ
theflyonthewall.com: Hewlett-Packard CEO says no big acquisitions are on the horizon

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09:17 EDTHPQ
theflyonthewall.com: Hewlett-Packard CEO: We have not decided on smartphone strategy

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09:15 EDTHPQ
theflyonthewall.com: Hewlett-Packard CEO: I don't believe there will need to be more layoffs

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09:14 EDTHPQ
theflyonthewall.com: Hewlett-Packard CEO: In 2013 we should be able to grow company again
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09:10 EDTHPQ
theflyonthewall.com: Hewlett-Packard gaps up after results, resistance is at $23.61 pivot
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09:08 EDTHPQ
theflyonthewall.com: Hewlett-Packard CEO says turnaround 10%-15% of the way through

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09:08 EDTHPQ
theflyonthewall.com: Hewlett-Packard CEO Whitman: Wanted to be realistic about guidance

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07:37 EDTHPQ
theflyonthewall.com: Deutsche Bank remains cautious, keeps Sell rating on Hewlett-Packard

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07:31 EDTHPQ
theflyonthewall.com: Hewlett-Packard price target lowered to $27 from $31 at BofA/Merrill

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07:12 EDTHPQ
theflyonthewall.com: Lenovo Group poised to take on HP, Dell, Reuters reports

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06:38 EDTHPQ
theflyonthewall.com: Stocks with implied volatility movement; AMLN HPQ
Stocks with implied volatility movement: Amylin (AMLN), Hewlett-Packard (HPQ) according to iVolatility :theflyonthewall.com
06:32 EDTHPQ
theflyonthewall.com: PC shipments could see only slight sequential growth in Q2, Digitimes reports
With orders from Europe suddenly growing weak, PC vendors are concerned that Q2 shipments may not be as strong as originally expected, according to Digitimes. Reference Link :theflyonthewall.com
06:23 EDTHPQ
theflyonthewall.com: Autonomy founder Mike Lynch to leave HP, FT reports
Mike Lynch, the founder of Autonomy, is leaving Hewlett-Packard (HPQ), the Financial Times reports. HP CEO Meg Whitman told analysts on its earnings conference call that Autonomy suffered "very disappointing" licensing revenues in Q2. Lynch will be replaced by software head Bill Veghte. Reference Link :theflyonthewall.com
06:10 EDTHPQ
theflyonthewall.com: On the Fly: Periodicals Wrap-Up

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May 23, 2012
23:28 EDTHPQ
theflyonthewall.com: Jim Cramer's "Mad Money"

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17:27 EDTHPQ
theflyonthewall.com: Hewlett-Packard says no plans for major M&A

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17:18 EDTHPQ
theflyonthewall.com: Hewlett-Packard says headwinds in Q3, Q4 coming from Europe

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17:10 EDTHPQ
theflyonthewall.com: Hewlett-Packard sees 9,000 layoffs by end of FY12; 27,000 by end of FY14

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17:05 EDTHPQ
theflyonthewall.com: Hewlett-Packard expects pricing environment to remain competitive
Services margins are expected to remain in the 10%-12% range for the remainder of FY12. Expects continued decline in Business Critical Systems revenue and the resulting pressure on ESSN margins. :theflyonthewall.com
17:00 EDTHPQ
theflyonthewall.com: Hewlett-Packard says big deals are taking longer to close

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16:55 EDTHPQ
theflyonthewall.com: Hewlett-Packard says consumer notebook demand "remains soft"
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16:47 EDTHPQ
theflyonthewall.com: Hewlett-Packard: Restructuring to generate cost savings of $3-$3.5B by end FY14

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16:45 EDTHPQ
theflyonthewall.com: Hewlett-Packard: Performance has stabilized, but still lots of work to be done

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16:42 EDTHPQ
theflyonthewall.com: Hewlett-Packard says services business "continues to be challenged"

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16:41 EDTHPQ
theflyonthewall.com: Hewlett-Packard says realignment of PC and printing businesses "going well"
Sees tremendous potential for accelerated growth and efficiency through common branding, improved marketing, better retail positioning, and more attractive product bundles. :theflyonthewall.com
16:38 EDTHPQ
theflyonthewall.com: Hewlett-Packard says "cautiously optimistic" coming out of Q2

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16:27 EDTHPQ
theflyonthewall.com: On The Fly: Closing Wrap
Stocks on Wall Street were mixed following a furious rally to close the day. Stock futures were sharply lower in premarket trading pointing to a continuation of the market’s slide from late yesterday. The weakness in the U.S. futures followed poor sessions for stocks in Asia and early weakness in European equities, which only worsened as the day moved forward. The futures action led to a lower open for the broader market and the better than expected new home sales and home price reports could not bring in buyers. The market selling intensified throughout the morning until finally finding a level near noon, from which the market held and drifted higher. In the last hour of trading markets rose sharply to wind up mixed, and nearly up, for the day… ECONOMIC EVENTS In the U.S., new home sales increased 3.3% in the month of April to a 343K annual rate, versus expectations of an increase of 2.1%. The House Price Index showed an increase of 0.5% for the month of March, versus expectations of an increase of 0.3%. In Europe, equities slumped badly and the euro tumbled to its lowest level versus the dollar since August 2010 ahead of an informal summit meeting Wednesday night planned by European leaders. Expectations are that German Chancellor Angela Merkel will hold a hard line against mounting pressure to consider joint eurobonds... COMPANY NEWS: Shares of Dell (DELL) plunged $2.59, or 17.18%, to $12.49 after the company reported weaker than expected Q1 results and guided to Q2 revenue below consensus. The company's commentary on the challenging economic backdrop and how consumers have moved toward mobile devices and away from traditional PCs sunk peers as well, including Hewlett-Packard (HPQ), which fell before releasing a disappointing earnings report after the market closed. Meanwhile, two congressional committees set out to investigate Facebook’s (FB) troubled initial public offering… MAJOR MOVERS: Among the notable gainers were PetSmart (PETM), up $7.30, or 13.12%, to $62.92, following its "beat and raise" report, and Compuware (CPWR), up 80c, or 9.47%, to $9.25, after the company beat revenue expectations. Noteworthy losers included Qihoo 360 (QIHU), down 78c, or 3.64%, to $20.62, following its quarterly report and the appointment of a new co-CFO, and Juniper Networks (JNPR), down 76c, or 4.22%, to $17,23, after Goldman Sachs announced its view that ALU’s entry into core routing was an incremental negative for Juniper, following cautious comments by the company’s CEO the day before at their annual stockholder meeting. INDICES: The Dow lost $6.66, or 0.05%, to $12,496.15; the Nasdaq rose $11.04, or 0.39%, to $2,850.12; and the S&P 500 added $2.23, or 0.17%, to $1,318.86. :theflyonthewall.com
16:16 EDTHPQ
theflyonthewall.com: Hewlett-Packard sees FY12 adjusted EPS $4.05-$4.10, consensus $4.03
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16:15 EDTHPQ
theflyonthewall.com: Hewlett-Packard sees Q3 adjusted EPS 94c-97c, consensus $1.02

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16:14 EDTHPQ
theflyonthewall.com: Hewlett-Packard reports Q2 software revenue up 22% YoY
17.7% operating margin, including results of Autonomy. Software revenue was driven by 7% license growth, 17% support growth, and 72% growth in services. Autonomy saw a significant decline in license revenue. :theflyonthewall.com
16:13 EDTHPQ
theflyonthewall.com: Hewlett-Packard reports Q2 financial services revenue up 9% YoY

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16:12 EDTHPQ
theflyonthewall.com: Hewlett-Packard reports Q2 ESSN revenue down 6% YoY
11.2% operating margin. Networking revenue was up 2%, Industry Standard Servers revenue was down 6%, Business Critical Systems revenue was down 23%, and Storage revenue was up 1% year over year. :theflyonthewall.com
16:11 EDTHPQ
theflyonthewall.com: Hewlett-Packard reports Q2 Imaging & Printing Group revenue down 10% YoY

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16:11 EDTHPQ
theflyonthewall.com: Hewlett-Packard reports Q2 services revenue down 1% YoY

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16:10 EDTHPQ
theflyonthewall.com: Hewlett-Packard reports Q2 Personal Systems Group revenue flat YoY

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16:07 EDTHPQ
theflyonthewall.com: Hewlett-Packard to layoff about 27,000 employees
HP expects to record a pre-tax charge of approximately $1.7B in FY12 that will be included in its GAAP financial results for that period. Of that amount, HP expects to record a pre-tax charge of approximately $1B in its third fiscal quarter. The cash impact associated with the restructuring efforts is expected to be approximately $400M in FY12. Through FY14, HP expects to record additional pre-tax charges approximating $1.8B that will be included in its GAAP financial results for the applicable periods. :theflyonthewall.com
16:06 EDTHPQ
theflyonthewall.com: Hewlett-Packard reports Q2 adjusted EPS 98c, consensus 91c

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15:44 EDTHPQ
theflyonthewall.com: Hewlett-Packard May 21 straddle priced for 8% price move on Q2

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14:39 EDTHPQ
theflyonthewall.com: Companies reporting After the Market Close on Wednesday, May 23

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12:18 EDTHPQ
theflyonthewall.com: On The Fly: Midday Wrap
Stocks on Wall Street were lower by about 1.5% at midday, following the lead of markets in Europe and Asia. The weakness is again being attributed to growing concern over Greece and its ability, and possibly willingness, to remain in the euro. The market essentially ignored the better than expected U.S. new home sales data and the home price index report and instead continued the down trend which began a few weeks ago... ECONOMIC EVENTS: In the U.S., new home sales increased 3.3% in the month of April to a 343K annual rate, versus expectations of an increase of 2.1%. The House Price Index showed an increase of 0.5% for the month of March, versus expectations of an increase of 0.3%. In Europe, equities slumped badly and the euro tumbled to its lowest level versus the dollar since August 2010 ahead of an informal summit meeting Wednesday night planned by European leaders. Expectations are that German Chancellor Angela Merkel will hold a hard line against mounting pressure to consider joint eurobonds. In Asia, stocks fell as well, as the World Bank cut its grow forecasts for the Asia-Pacific region, including China, to 7.6% for 2012 compared to 8.2% last year... COMPANY NEWS: Shares of Dell (DELL) plunged $2.66, or 17.64%, to $12.42 after the company reported weaker than expected Q1 results and guided to Q2 revenue below consensus. The company's commentary on the challenging economic backdrop and how consumers have moved toward mobile devices and away from traditional PCs sunk peers as well, including Hewlett-Packard (HPQ), which is due to report after the close... MAJOR MOVERS: Among the notable gainers were PetSmart (PETM), up about 11%, following its "beat and raise" report, and Expedia (EXPE), up nearly 5%, after Piper Jaffray said in a note to investors that it raised it price target on shares, citing impressive growth in the number of people visiting the company's European website last month. Noteworthy losers included Qihoo 360 (QIHU), down almost 8%, following its quarterly report and the appointment of a new co-CFO, and Cree (CREE), down another 6%, as it slid for a second straight day and a Wunderlich analyst drew parallels between Cree and troubled solar energy company First Solar (FSLR)... INDICES: Near noon, the Dow was down 182.43, or 1.46%, to 12,320.38; the Nasdaq was down 42.45, or 1.50%, to 2,796.63; and the S&P 500 was down 19.17, or 1.46%, to 1,297.46. :theflyonthewall.com
10:38 EDTHPQ
theflyonthewall.com: Earnings Preview: Hewlett-Packard expected to announce deep workforce cuts

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10:18 EDTHPQ
theflyonthewall.com: Hewlett-Packard gaps down after Dell results, support is at $20.12

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10:11 EDTHPQ
theflyonthewall.com: New Chromebook selling for $330, Engadget says

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09:52 EDTHPQ
theflyonthewall.com: Hewlett-Packard volatility up on Dell results and into Q2

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08:55 EDTHPQ
theflyonthewall.com: HP could see Q2 results hurt more by Europe than Dell, AllThingsD says
Given Hewlett-Packard's (HPQ) exposure to the faltering markets in Europe, which Dell (DELL) commented on in its own earnings report, H-P could see its Q2 results hurt more by Europe than Dell, according to AllThingsD. Investors will also be very focused on CEO Meg Whitman's plans for restructuring and job cuts, the report said. Reference Link :theflyonthewall.com

May 22, 2012
17:55 EDTHPQ
theflyonthewall.com: Hewlett-Packard down 2.5% after Dell's Q1 earnings report

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May 21, 2012
11:23 EDTHPQ
theflyonthewall.com: Hewlett-Packard volatility increases as shares trend lower into Q2
Hewlett-Packard June call option implied volatility is at 41, August is 37; above its 26-week average of 33 according to Track Data, suggesting larger price movement into the expected release of Q2 results on May 23. :theflyonthewall.com

May 20, 2012
09:40 EDTHPQ
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 18, 2012
06:37 EDTHPQ
theflyonthewall.com: Proportion of ultrabooks equipped with SSDs to drop in Q2, DigiTimes reports
The proportion of ultrabooks equipped with SSDs will drop to 56% in Q2 from 86% in Q1 as vendors attempt to cut component costs to keep down prices, according to research from DigiTimes. Reference Link :theflyonthewall.com

May 17, 2012
13:51 EDTHPQ
theflyonthewall.com: H-P considers cutting as much as 8% of workforce, Bloomberg reports
Hewlett-Packard (HPQ) is considering cutting about 8% of its workforce, or as many as 25,000 jobs, with as many as 10,000-15,000 of the cuts coming from its enterprise services group, reported Bloomberg, citing sources briefed on the plans. Reference Link :theflyonthewall.com
13:37 EDTHPQ
theflyonthewall.com: Hewlett-Packard considers cutting as much as 25,000 jobs, Bloomberg reports

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08:29 EDTHPQ
theflyonthewall.com: H-P fires back at Oracle in ongoing fight over Itanium, AllThingsD says
Hewlett-Packard (HPQ) released documents related to its lawsuit with Oracle (ORCL) centered on Intel's (INTC) Itanium chips, with H-P's release intended to paint Oracle, the new owner of Sun Microsystems, as out to hurt H-P's Business Critical Server operation, according to AllThingsD. H-P released the documents in retaliation to a new offensive by Oracle meant to increase the pressure on H-P and take its case to the marketplace, the report added. Reference Link :theflyonthewall.com
06:36 EDTHPQ
theflyonthewall.com: Source says "significant" layoffs to hit HP, Business Insider reports

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06:16 EDTHPQ
theflyonthewall.com: Foxconn denies rumors it will seek investments from clients, Digitimes reports
Foxconn has denied that it will seek strategic investments with clients including Apple (AAPL) and Hewlett-Packard (HPQ) to compete against Samsung Electronics, according to Digitimes. Reference Link :theflyonthewall.com

May 16, 2012
07:47 EDTHPQ
theflyonthewall.com: HP helps T-Mobile save time, money with converged infrastructure and services
Hewlett-Packard, or HP, (HPQ) announced it has delivered an HP AppSystem for the SAP HANA database and related services to T-Mobile USA, Inc., helping the wireless provider shorten the time required to analyze information from more than one week to less than a day. T-Mobile is the U.S. wireless operation of Deutsche Telekom AG (DTEGY). :theflyonthewall.com
06:25 EDTHPQ
theflyonthewall.com: April large-sized panels shipments down 1.4% on month, Digitimes reports

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May 15, 2012
08:17 EDTHPQ
theflyonthewall.com: Hewlett-Packard should report stronger than expected results, says RBC Capital

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06:23 EDTHPQ
theflyonthewall.com: Labor, power shortages could turn worse as notebook demand rises, DigiTimes says

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06:21 EDTHPQ
theflyonthewall.com: Qualcomm Snapdragon shortage forcing vendors to other options, DigiTimes says

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06:17 EDTHPQ
theflyonthewall.com: Smartphones, tablets to propel mobile memory market growth, DigiTimes says

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06:04 EDTHPQ
theflyonthewall.com: Hewlett-Packard opens technology renewal center in Scotland

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05:19 EDTHPQ
theflyonthewall.com: HP speaks: court rejects Oracle's motion to dismiss HP's claims in Itanium suit

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May 14, 2012
07:50 EDTHPQ
theflyonthewall.com: H-P rolls out ultrabooks and "near-ultras" in Shanghai, DigiTimes says

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06:03 EDTHPQ
theflyonthewall.com: USPS banning international shipments of laptops, iPads, AP reports
The U.S. Postal Service is banning shipments of electronics with lithium batteries internationally, due to the risk of fire, the Associated Press reports. The ban includes electronics such as smartphones, laptops and iPads. Reference Link :theflyonthewall.com

May 13, 2012
15:54 EDTHPQ
theflyonthewall.com: Dodge & Co''s Pohl/Strandberg think Barclays, HP are 'good bets', Barron's says

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