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Stock Market & Financial Investment News

News Breaks
January 28, 2014
06:08 EDTIBM, ORCL, HPQ, GSThoma Bravo explores sale of Blue Coat, Reuters reports
Thoma Bravo LLC is looking to sell network security firm Blue Coat Systems and is expected to name Goldman Sachs (GS) to lead the effort, sources say, reports Reuters. Blue Coat was purchased by Thoma Bravo in February 2012 for $1.3B. The company has attracted interest from private equity firms and large tech vendors. Possible suitors could include IBM (IBM), Oracle (ORCL) and Hewlett-Packard (HPQ), a source added. Reference Link
News For IBM;ORCL;HPQ;GS From The Last 14 Days
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October 20, 2014
07:16 EDTIBMIBM no longer expects 'at least' $20 operating EPS in 2015
FY15 EPS consensus $19.75. Says will provide view of 2015 in January. Comment from slides for Q3 earnings call.
07:08 EDTIBMIBM sees deal with Globalfoundries closing in 2015
07:08 EDTIBMIBM expects to request additional share repurchase authorization at Oct. meeting
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07:07 EDTIBMIBM reports Q3 Global Services segment revenue down 3% to $13.7B
Revenues from the Software segment were $5.7B. Revenues from continuing operations from the Systems and Technology segment totaled $2.4B. The company’s total gross profit margin from continuing operations was 48.6 percent in the 2014 third-quarter period compared with 49.0 percent in the 2013 third-quarter period. Total operating gross profit margin from continuing operations was 49.2 percent in the 2014 third-quarter compared with 50.1 percent in the 2013 third-quarter period.
07:06 EDTIBMIBM committed to returning value to shareholders through dividends, repurchases
07:05 EDTIBMIBM reports Q3 EPS $3.68, consensus $4.32
Reports Q3 revenue $22.4B, consensus $23.37B. We are disappointed in our performance. We saw a marked slowdown in September in client buying behavior, and our results also point to the unprecedented pace of change in our industry. While we did not produce the results we expected to achieve, we again performed well in our strategic growth areas – cloud, data and analytics, security, social and mobile - where we continue to shift our business. We will accelerate this transformation,” said Ginni Rometty, IBM chairman, president and CEO.
06:06 EDTIBMIBM sees $4.7B pre-tax charge for Q3 results
IBM will reflect a pre-tax charge of $4.7B in its financial results for Q3, which includes an asset impairment, estimated costs to sell the IBM microelectronics business, and cash consideration to GLOBALFOUNDRIES. Cash consideration of $1.5B is expected to be paid to GLOBALFOUNDRIES by IBM over the next three years. The cash consideration will be adjusted by the amount of working capital which is estimated to be $200M.
06:04 EDTIBMGLOBALFOUNDRIES to acquire IBM microelectronics business
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06:02 EDTIBMGLOBALFOUNDRIES to acquire IBM microelectronics business
October 19, 2014
19:59 EDTIBMIBM to pay Globalfoundries $1.5B to take chip unit, Bloomberg reports
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17:42 EDTIBMIBM to make 'major business announcement'
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16:10 EDTGSGoldman reluctant to join U.K.'s BSRC, WSJ says
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October 17, 2014
16:55 EDTGSStocks end volatile week lower amid oil price plunge
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10:00 EDTIBMOn The Fly: Analyst Initiation Summary
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10:00 EDTGSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Nomura... AMD (AMD) upgraded to Sector Perform from Underperform at Pacific Crest... Atlantic Power (AT) upgraded to Market Perform from Underperform at BMO Capital... Basic Energy (BAS) upgraded to Outperform from Market Perform at Cowen... BorgWarner (BWA) upgraded to Buy from Hold at Deutsche Bank... CA Technologies (CA) upgraded to Overweight from Equal Weight at Barclays... Calumet Specialty Products (CLMT) upgraded to Outperform at Wells Fargo... DHT Holdings (DHT) upgraded to Buy from Hold at Evercore... Exelon (EXC) upgraded to Neutral from Sell at Citigroup... Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at Citigroup... Goldman Sachs (GS) upgraded to Outperform from Market Perform at Keefe Bruyette... Helmerich & Payne (HP) upgraded to Buy from Neutral at UBS... Hilton (HLT) upgraded to Buy from Neutral at SunTrust... Hyatt Hotels (H) upgraded to Outperform from Neutral at Macquarie... IPG Photonics (IPGP) upgraded at Stifel... ITC Holdings (ITC) upgraded to Neutral from Underperform at Credit Suisse... Manpower (MAN) upgraded to Outperform from Market Perform at Avondale... Nabors Industries (NBR) upgraded to Outperform from Market Perform at Cowen... Newpark Resources (NR) upgraded at Cowen... Old Dominion (ODFL) upgraded to Buy from Neutral at Longbow... PDC Energy (PDCE) upgraded at SunTrust... Patterson-UTI (PTEN) upgraded to Buy from Neutral at UBS... PrivateBancorp (PVTB) upgraded to Outperform from Neutral at Macquarie... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... RPC, Inc. (RES) upgraded at Cowen... Sonoco (SON) upgraded to Neutral from Underperform at DA Davidson... Southwestern Energy (SWN) upgraded to Outperform from Market Perform at Raymond James... SunEdison (SUNE) upgraded to Outperform at Cowen... TSMC (TSM) upgraded to Buy from Neutral at Mizuho... Tesco (TESO) upgraded to Outperform from Market Perform at Cowen... UnitedHealth (UNH) upgraded to Outperform from Market Perform at Leerink... Xilinx (XLNX) upgraded to Outperform from Market Perform at Wells Fargo.
07:33 EDTIBMIBM reinstated with a Neutral at BofA/Merrill
Target $200.
06:24 EDTHPQStocks with implied volatility below IV index mean; HPQ NFLX
Stocks with implied volatility below IV index mean; HP (HPQ) 31, Netflix (NFLX) 40 according to iVolatility.
06:24 EDTHPQGlobal notebook shipments estimated at over 45M units, Digitimes Research says
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06:21 EDTHPQHP dismisses concerns about drop in global notebook market share, DigiTimes says
HP has dismissed concerns from Taiwan supply chain makers that say the company's global notebook market share may drop significantly following the split, reports DigiTimes. According to makers, HP said it will maintain notebook operations with 2015 target shipments of at least 31M units. Reference Link
05:35 EDTGSGoldman Sachs upgraded to Outperform from Market Perform at Keefe Bruyette
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