New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 8, 2014
06:13 EDTLNVGY, HPQLenovo to lead 2014 notebook shipments with 28.3M shipments, DigiTimes says
Lenovo (LNVGY) will likely ship 28.3M notebooks in 2014 to lead notebook shipments this year, reports DigiTimes, citing estimates by Taiwan-based supply chain makers. HP (HPQ) will likely ship 28M, Dell will ship 18M-19M, and Acer and Asustek will likely ship 16M-17M each. Reference Link
News For LNVGY;HPQ From The Last 14 Days
Check below for free stories on LNVGY;HPQ the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 29, 2014
06:06 EDTLNVGYLenovo to close acquisition of IBM's x86 server business on October 1
Lenovo (LNVGY) and IBM ((IBM) announced that conditions for Lenovo’s acquisition of IBM’s x86 server business have been satisfied and the parties anticipate they will begin closing the transaction effective on October 1. Lenovo is acquiring System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. IBM will retain its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, PureApplication and PureData appliances. As described in the January announcement of Lenovo’s acquisition of IBM’s x86 server business, Lenovo and IBM have also established a strategic alliance where Lenovo will serve as an Original Equipment Manufacturer to IBM and resell selected products from IBM’s storage and software portfolio, including IBM’s entry and midrange Storwize storage product family, Linear Tape Open products, IBM Flash storage arrays and elements of IBM’s system software portfolio, including Smart Cloud, General Parallel File System and Platform Computing solutions. The purchase price is approximately $2.1B. Approximately $1.8B will be paid in cash at closing after estimated adjustments and approximately $280M will be paid in Lenovo stock, based on the closing price of Lenovo’s stock on September 26. The transition will begin Wednesday in countries that are part of the initial closing, which includes most major markets. The transaction is expected to close in most other countries later this year, with the few remaining countries following in early 2015.
September 28, 2014
20:10 EDTHPQEMC buyout rumors could be good for VMware, Barron's says
Subscribe for More Information
September 25, 2014
07:33 EDTHPQCanadian government could ban HP as supplier for 10 years, Globe and Mail says
Subscribe for More Information
07:30 EDTHPQCalPERS asks judge to reject HP settlement regarding Autonomy, Reuters says
Subscribe for More Information
06:07 EDTLNVGYGlobal tablet sales momentum to slow down in 2015, DigiTimes reports
Subscribe for More Information
September 23, 2014
09:03 EDTHPQ, HPQEMC would be a good fit for Hewlett-Packard , says CLSA
Subscribe for More Information
08:16 EDTHPQBloomberg Government to hold a briefing
Briefing provides an update on the United Nation’s Millennium Development Goals within their corporate strategies. Participants include Vice President Glazer of Hewlett-Packard and Vice President Veiga-Pestana of Unilever in the briefing being held in New York on September 23 at 5 pm.
08:02 EDTHPQHP announces new emission reduction goal of 40% by 2020
HP announced a goal to reduce the emissions intensity of its product portfolio by 40% percent by 2020 compared to 2010 levels. With this announcement, HP becomes the only global IT company to have set carbon reduction goals for all three parts of its value chain .
07:19 EDTHPQEMC's end game is a marriage with Cisco, says Macquarie
Macquarie views EMC's (EMC) merger talks with Hewlett-Packard (HPQ) as a "ploy" to bring Cisco (CSCO) to the bargaining table. The analyst is not surprised by reports that EMC's discussions with Hewlett-Packard stalled given the lack of synergies and views Cisco as a logical buyer due to strong synergies and defensive reasons. Macquarie said VMware (VMW) would make Cisco the leader in the growing Software Defined DataCenter market, allowing it to offer EMC a better deal than any other potential acquirer. Finally, the firm does not view the status-quo as a compelling option for EMC given the recent share strength, aggressive street estimates, and the upcoming retirement of Joe Tucci in February. Macquarie rates EMC a Neutral with a $32 price target, up from $28.
06:33 EDTHPQHP was primarily interested in EMC's VMware stake, Re/code reports
HP (HPQ) was interested in merging with EMC (EMC) primarily due to the latter company's 80% stake in VMware (VMW), according to Re/code, which cited unnamed sources. The deal discussed between HP and EMC was an all-stock transaction that would have created a combined company worth about $130B, Re/code stated. Reference Link
September 22, 2014
12:50 EDTHPQEMC jumps after reports detail takeover talks
The shares of cloud application provider EMC (EMC) are rising in a down market after Wall Street Journal reported that the company had held talks about selling itself to HP (HPQ) and Dell. WHAT'S NEW: EMC held on-and-off merger talks with HP for almost a year, but those talks have ended, Wall Street Journal reported today. Dell also held talks with EMC about a takeover, the newspaper added. According to a CNBC’s David Faber, the takeover talks between HP and EMC went on for months, but the two sides couldn't agree on a price, as EMC wanted HP to pay a large premium to its stock price. Tiernan Ray of Barron's added today that the takeover talks between the companies could resume, citing a source. WHAT'S NOTABLE: The New York Post reported on September 11 that EMC was considering selling its 80% stake in cloud computing infrastructure provider VMware (VMW). UBS analyst Steven Milunovich responded to The Post's report by writing on the same day that EMC had become a potential takeover target itself. HP, Oracle (ORCL) and Cisco (CSCO) could buy EMC, the analyst wrote. PRICE ACTION: In early afternoon trading, EMC added 1% to $30, while VMware added 1% to $95.
12:26 EDTHPQEMC, HP merger talks could resume, Barron's reports
The merger talks between EMC (EMC) and HP (HPQ) could resume, Tiernan Ray of Barron's reports, citing a source. The companies had discussed HP selling its printer division, but only as "a down the road thing," once a deal was completed, Tiernan added, citing the source. Cisco (CSCO) and Oracle (ORCL) are still considered possible buyers for EMC, the reporter noted. Reference Link
09:38 EDTHPQActive equity options trading on open
Subscribe for More Information
09:20 EDTHPQEMC wanted large premium from HP in takeover, CNBC reports
Subscribe for More Information
09:17 EDTHPQHP considered spinning off Printing, PC units, CNBC reports
09:16 EDTHPQEMC wanted large premium from HP, talks have ended, CNBC reports
Subscribe for More Information
09:15 EDTHPQOn The Fly: Pre-market Movers
HIGHER: Sigma-Aldrich (SIAL), up 34% after Merck KGaA (MKGAY) to acquire the company for $17B... Viasystems (VIAS), up 44% after TTM Technologies (TTMI) acquires the company for $16.46 per share in cash and stock. TTM is up 15.5% after the deal... Clorox (CLX), up 5.4% after the New York Post said the company turned down offer to sell or merge with rival... EMC (EMC), up 2.5% after The Wall Street Journal said the company is considering options that could include merging with a rival and held on-and-off merger talks with Hewlett-Packard (HPQ) for almost a year, though the Journal added that those talks recently ended... Epiq Systems (EPIQ), up 9.9% after P2 Capital confirms 16.9% stake in Epiq and that the company turned down the shareholders' $20 per share takeover offer... Dresser-Rand (DRC), up 2.7% after the company sells to Siemens (SIEGY) for $83 per share or $7.6B... TAT Technologies (TATT), up 6.6% after a division of the company signed a maintenance agreement with Republic Airways (RJET). LOWER: Yahoo (YHOO), down 2.1% after stock was downgraded at Bank of America Merrill Lynch and at Bernstein... InvenSense (INVN), down 2.9% after downgraded at RW Baird... Threshold Pharmaceuticals (THLD), down 5.6% after TH-302 Phase 3 trial events to occur later than expected.
06:11 EDTHPQEMC explores merger, holds talks with HP, Dell, WSJ reports
Subscribe for More Information
September 19, 2014
07:19 EDTHPQNew America Foundation to hold a discussion
Subscribe for More Information
September 16, 2014
06:28 EDTLNVGYLenovo, Huawei look to pose threat in high-end smartphone segment, DigiTimes says
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use