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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
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October 17, 2014
06:24 EDTLNVGY, HPQGlobal 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
October 16, 2014
07:21 EDTHPQHP split-up speaks to value of businesses, says Brean Capital
Brean Capital thinks the HP plan to split into two companies speaks to the inherent value of its businesses. The firm believes the split could be a beginning, with the next phase consisting of M&A activity. Brean Capital maintains its Buy rating and $45 price target on HP shares.
06:23 EDTLNVGYLenovo puts in orders to supply chains for new tablet products, DigiTimes says
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October 15, 2014
12:36 EDTHPQOn The Fly: Midday Wrap
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10:02 EDTHPQOn The Fly: Analyst Downgrade Summary
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09:20 EDTHPQOn The Fly: Pre-market Movers
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09:19 EDTLNVGYLenovo to establish internet-focused smart device company in China next year
Lenovo Group is announcing that it will create a new company focused on building a leading internet-based smart devices and services business in China. The company will become operational on April 1, 2015. It will operate under a separate name and brand. The objective of this move is to help Lenovo attack the fast growing consumer mobile device market in China, with a focus not only on devices, but also on software and application development and close customer engagement. Currently Lenovo has a leading smartphone business, which sells mainly through open market sales and carrier relationships. While Lenovo has and continues to strengthen its own company-branded online channels as part of its go-to-market strategy, the new company will exclusively focus on direct-to-consumer sales, marketing and product development using an internet-based business model. Effective April 1, Chen Xudong, currently president of Lenovo’s China geography and Asia Pacific – Emerging Markets, will become CEO of this new company. Tong Fuyao, currently vice president of China’s relationship business will become head of Lenovo’s China business.
08:15 EDTHPQHP resumes buyback with EMC merger talks reportedly over
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08:08 EDTHPQHP up 1% to $32.60 after resuming buyback, reaffirming outlook
08:07 EDTHPQHP reaffirms outlook for FY14, FY15
HP reaffirms its FY14 estimate of non-GAAP EPS to be in the range of $3.70-$3.74, which excludes after-tax costs of approximately $1.10 per share, related primarily to restructuring charges and amortization of intangible assets. The consensus estimate is $3.73. For FY15, HP reaffirms its estimate of non-GAAP EPS to be in the range of $3.83-$4.03, which excludes after-tax costs of approximately 60c per share, related primarily to amortization of intangible assets and restructuring charges. The consensus estimate is $3.94. HP reaffirms its FY15 operating cash flow outlook of $10B-$10.5B, with free cash flow of $6.5B-$7B.
08:04 EDTHPQHP resumes share repurchase program under current authorization
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08:03 EDTHPQHP announces resumption of share buyback program
07:16 EDTLNVGYLenovo CSO 'confident' in Motorola Mobility deal finalization, Bloomberg says
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06:32 EDTLNVGY, HPQTablet supply chains expect lagging orders in Q4, DigiTimes reports
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06:14 EDTHPQHP, EMC halt merger agreement discussions, Reuters says
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October 14, 2014
07:47 EDTHPQHP awarded $50M Medicaid contract extension by Massachusetts
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October 13, 2014
11:46 EDTHPQHP nears six-month lows, levels to watch
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09:23 EDTHPQHP could buy lower valuation company, says Bernstein
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09:21 EDTHPQOn The Fly: Pre-market Movers
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