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Stock Market & Financial Investment News

News Breaks
May 20, 2014
06:25 EDTNTAP, HPQNetApp, HP may miss revenue expectations, says Citigroup
Citigroup believes both NetApp (NTAP) and HP (HPQ) "will be challenged" to meet April quarter revenue expectations but may be able to hit earnings estimates due to cost controls. Citi thinks NetApp may modestly guide-down for the July quarter given a lack of demand visibility. The firm expects HP to reiterate FY15 earnings guidance. Citi has a Neutral rating on NetApp and a Buy rating on HP.
News For NTAP;HPQ From The Last 14 Days
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March 27, 2015
09:37 EDTHPQActive equity options trading on open
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06:03 EDTHPQHP close to deal to sell control of H3C Technologies, WSJ reports
According to sources, The Wall Street Journal reports Hewlett-Packard is close to a deal to sell a 51% stake in H3C Technologies, its data-networking business in China, to Tsinghua Unigroup. One source cautions that a deal may still be "a few weeks away," adding that it may also include a separate server operation. The business is said to be worth about $5B in total. Reference Link
March 26, 2015
14:39 EDTHPQHP close to deal to sell control of Chinese unit, Dow Jones says
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07:25 EDTHPQThe Economist to hold a forum
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06:05 EDTHPQIntel to partner with notebook makers for Chromebook 2-in-1s, DigiTimes says
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March 25, 2015
08:54 EDTNTAPNetApp Arista among potential takeover targets for EMC, says RBC Capital
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06:04 EDTHPQStocks with implied volatility below IV index mean; CSCO HPQ
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March 24, 2015
10:02 EDTHPQHP partners with Bang & Olufsen to bring premium sound to PCs
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05:57 EDTHPQStocks with implied volatility below IV index mean; CSCO HPQ
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March 23, 2015
10:17 EDTHPQHP management to meet with Jefferies
Meetings to be held in Texas March 25-27 hosted by Jefferies.
10:00 EDTNTAPOn The Fly: Analyst Downgrade Summary
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07:39 EDTHPQHP break-up value in at least the low $40's, says UBS
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06:40 EDTNTAPEMC downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded EMC (EMC) to Neutral to Neutral saying the company is facing increasing pressure from next-gen storage vendors and public cloud providers. Piper notes that it continues to hear Pure Storage and other vendors such as Nimble Storage (NMBL) are making inroads into the installed base of EMC. It cut its price target for shares to $27 from $30. The firm also downgraded NetApp (NTAP) to Neutral this morning for similar reasons, but says EMC has a more defensible position than NetApp.
06:37 EDTNTAPNetApp downgraded to Neutral from Overweight at Piper Jaffray
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March 20, 2015
09:05 EDTHPQJefferies Euro offshore IT services analyst has analyst/industry conference call
Analysts discusses the market growth in Ofshore IT Services in Continental Europe which is expected to outpace project growth in the U.S., with Cognizant Technology Solutions/EPAM Systems best positioned and IBM/Hewlett Packard disadvantaged on an Analyst/Industry conference call to be held on March 20 at 10 am.
March 19, 2015
08:35 EDTHPQTsinghua on short list of potential buyers of HP China units, Bloomberg says
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07:47 EDTHPQHP raises quarterly dividend to 17.6c per share from 16c per share
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07:02 EDTHPQHP CEO says company split on track for November 1, Bloomberg says
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March 18, 2015
17:26 EDTHPQHP CEO says split of company should happen around Nov. 1 2015, Bloomberg says
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09:00 EDTHPQPitney Bowes renews strategic alliance with Hewlett-Packard
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