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March 26, 2013
06:12 EDTLNVGY, MSFTLenovo to participate in next-generation Windows development, DigiTimes says
Lenovo (LNVGY), Acer and Asustek Computer are among the brand vendors that plan to participate on Microsoft's (MSFT) integrated development program for the next-generation Windows, reports DigiTimes. The brands have declined to comment about their product plans. Reference Link
News For MSFT;LNVGY From The Last 14 Days
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March 3, 2015
12:14 EDTLNVGYConnecticut AG probes Lenovo over laptop software, Computerworld says
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05:56 EDTMSFTStocks with implied volatility below IV index mean; MSFT CSCO
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March 2, 2015
11:41 EDTMSFTMicrosoft EVP says China cloud offerings 'special,' present 'huge' opportunity
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11:14 EDTMSFTMicrosoft EVP says seeing 'very positive trends' for Office 365
Microsoft EVP, Applications and Services, Qi Lu is speaking at the Morgan Stanley Technology, Media and Telecom Conference.
08:29 EDTMSFTMicrosoft reportedly to buy news app for $30M, TechCrunch says
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07:41 EDTMSFTMorgan Stanley to hold a conference
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06:18 EDTMSFTStocks with implied volatility below IV index mean; MSFT CSCO
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05:55 EDTMSFTMicrosoft introduces Lumia 640 and Lumia 640 XL
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March 1, 2015
18:28 EDTMSFTBlackBerry expands cross platform strategy
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February 27, 2015
05:55 EDTMSFTStocks with implied volatility below IV index mean; MSFT QCOM
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February 26, 2015
14:02 EDTMSFTMicrosoft shutting down two factories in China, Want China Times reports
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06:27 EDTMSFTMicrosoft increases orders to China makers, DigiTimes reports
Microsoft is increasing orders to China makers and away from Taiwan makers, reports DigiTimes. Microsoft has become increasingly concerned over costs and is adjusting its supply chain to receive components at more competitive pricing that previously received from Taiwan makers. Reference Link
06:13 EDTMSFTStocks with implied volatility below IV index mean; MSFT QCOM
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06:02 EDTLNVGYLenovo website taken down by cyberattack, WSJ says
Lenovo stated its website was taken down by a cyberattack Thursday, reports the Wall Street Journal's Digits blog. Attempting to log in to the website redirected users to a blank page. Lenovo is "actively investigating other aspects of the attack" and working with third parties to investigate. Reference Link
February 25, 2015
10:34 EDTMSFTHP slide after currency driven guidance cut called buying opportunity
The shares of Hewlett-Packard (HPQ) are falling after the company reported lower than expected first quarter revenue and sharply lowered its free cash flow guidance and cut its fiscal year profit view. However, analysts at Citigroup, Bernstein, and Brean Capital all recommended buying the stock on weakness in separate notes to investors today. BACKGROUND: HP reported slightly higher than expected Q1 profits, but its revenue came in below expectations. The company sharply lowered its fiscal 2015 free cash flow guidance to $3.5B-$4B from its previous outlook of $6.5B-$7B. The tech giant also lowered its fiscal 2015 EPS guidance to $3.53-$3.73 from its previous outlook of $3.83-$4.30. "While we were able to manage the impact of currency in the quarter and deliver earnings as expected, we believe the impact on FY15 will be significantly greater than we anticipated in November. We'll work hard to offset these impacts through re-pricing and productivity, but fully mitigating currency movements of this size would require reducing investments and mortgaging our future. We won't do that," said HP CEO Meg Whitman. ANALYST REACTION: The decline in HP's EPS guidance was entirely due to foreign currency fluctuations, while most of the cut in its free cash flow guidance was caused by one-time costs related to the upcoming split of HP into two separate companies, Citi analyst Jim Suva stated. Most of the company's businesses "continue to perform well or at least make progress," wrote Suva. The decline in the stock has created an attractive entry point for investors who are looking to own the shares in order to benefit from the break-up, according to the analyst. He kept a Buy rating on the shares. Bernstein analyst A.M. Sacconaghi was less upbeat on HP's outlook, but also recommended buying the shares on today's weakness. Although revenue estimates for HP may be too high, the stock's valuation remains attractive, as it is the second least expensive tech stock in the S&P 500, according to Sacconaghi, who believes the shares are worth $45-$50. Cautioning that HP's stock is likely "to be in the penalty box" in the near-term, Sacconaghi nonetheless believes that the shares could get a significant boost when the company provides more information about its spin-off. He recommended that investors buy the stock on today's weakness and kept an Outperform rating on the shares. HP's fundamentals haven't changed, as the company continues to expect its revenue to remain flat in fiscal 2015, and it has not changed its capital return guidance, Brean Capital analyst Ananda Baruah stated. The company also continues to expect free cash flow of at least $5B-$6B in 2016 and beyond, Baruah added. Moreover, HP's share repurchases are unlikely to be significantly reduced as a result of the decline in its free cash flow guidance, the analyst predicted. Baruah recommended buying the stock on today's weakness and kept a $45 price target and Buy rating on the shares. PRICE ACTION: In early trading, HP fell 9.5% to $34.84. OTHERS TO WATCH: Other large cap PC levered names are also weak in morning trading after HP's report last night, with Microsoft (MSFT) down 0.25% and Intel (INTC) down 1.2%.
09:48 EDTMSFTIDC reports 96.3% smartphone marketshare for iPhone, Android
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06:01 EDTLNVGYGlobal tablet shipments forecast at 221.4M units in 2015, DigiTimes says
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05:54 EDTMSFTStocks with implied volatility below IV index mean; FOSL QCOM
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February 19, 2015
10:09 EDTLNVGYLenovo says malicious adware no longer active, TechCrunch reports
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07:58 EDTLNVGYLenovo reportedly installed malicious software on laptops, The Next Web says
Lenovo reportedly installed adware on its laptops as early as mid-2014 which inserts third-party ads into internet searches and websites, reports The Next Web, citing reports from Lenovo laptop customers. Some users report that the software also installs a "man-in-the-middle" that would enable it to intercept secure data from the laptop. Lenovo community administrator Mark Hopkins previously stated the company has temporarily stopped shipping the software in its laptops. Reference Link
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