New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:33 EDTHPQ, T, EMC, RAX, VMW, IBMRackspace may be worth $54 per share in takeout, says William Blair
William Blair believes Rackspace (RAX) could be a strategic asset to other companies in the OpenStack ecosystem, such as AT&T (T), IBM (IBM), EMC (EMC), HP (HPQ) and VMware (VMW). The firm says recent deals in the data center space would imply a $54 per share valuation for Rackspace in a takeout scenario. William Blair has an Outperform rating on Rackspace.
News For RAX;T;IBM;EMC;HPQ;VMW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 >>
September 30, 2015
07:20 EDTTAT&T Q3 wireless adds better than expected, says UBS
Subscribe for More Information
06:14 EDTRAXRackspace expected to partner with Amazon, WSJ reports
Rackspace Hosting (RAX) is expected to partner with Amazon (AMZN) to make it easier for corporate customers to move computing operations to Amazon Web Services from their own facilities, The Wall Street Journal reports. According to two sources, the partnership, which is similar to an agreement Rackspace signed with Microsoft (MSFT) in July, will be announced at a conference for AWS users next week. Reference Link
06:12 EDTVMW, EMCEMC's Goulden: Breaking off VMware 'wrong thing to do,' Re/code reports
EMC (EMC) president David Goulden said his firm will try to maintain its complex corporate structure amid pressure to spin off its stake in VMware (VMW), Re/code reports. "We believe strongly that breaking up is the wrong thing to do," Goulden said in an interview at Re/code's Code/Enterprise Series event. Reference Link
05:38 EDTTAT&T IoT technology used by Maersk
Subscribe for More Information
September 29, 2015
16:52 EDTTAT&T backs FY15 adjusted EPS view $2.62-$2.68, consensus $2.62
Backs FY15 double-digit revenue growth, consensus $153.06B. In a regulatory filing, AT&T reiterated its guidance for full-year adjusted EPS, double-digit revenue growth and continued consolidated margin expansion, even with foreign exchange pressure from the company's international operations. The company also expects capital spending to increase from second-quarter levels and free cash flow to be greater than $4.5B for the quarter. The company also reaffirmed all other full-year guidance. AT&T's wireless performance includes results from both business and consumer customers. AT&T expects more than 2M total net adds in the third quarter with gains in every customer category (postpaid, prepaid, connected devices and reseller). The company also expects positive branded voice net adds in the quarter. As a result, and with a continued focus on efficiency initiatives, the Company expects to maintain momentum in wireless service EBITDA margins. AT&T said its early integration efforts with DIRECTV are going well and are in line or better than expectations. The Company expects to report positive U.S. DIRECTV net adds in the third quarter and positive IP broadband net adds. U-verse TV subscribers are expected to decline as the Company continues to focus on satellite and high-value subscribers. The Company also said that it is changing the methodology DIRECTV used to count commercial subscribers to conform to AT&T practices. Previously, DIRECTV used a method of counting commercial customers that converted commercial accounts to an equivalent number of residential subscribers based on relative revenues per account. Under the new methodology, the Company will simply count each commercial account as one subscriber. This will reduce DIRECTV's total subscriber count by 918,600 at acquisition close on July 24, 2015. This change has no impact on historical or future revenues, EBITDA or cash flows. In International, the Company continues to show great progress in its deployment of 4G LTE in Mexico as the Company invests in that country's wireless network. AT&T is on track with reaching its end-of-year goal of covering 40 million POPs. The Company also continues its work on creating operating efficiencies for its Latin America satellite properties, even with foreign exchange pressure. AT&T will announce its full third-quarter results on Oct. 22.
13:32 EDTIBMIBM to create 120 positions across Ireland, Independent says
Subscribe for More Information
12:27 EDTTAT&T may take $1.1B charge for DirecTV Venezuela assets, Reuters reports
Subscribe for More Information
10:56 EDTTAT&T may take $1.1B charge for DirecTV Venezuela assets, CNBC says
Subscribe for More Information
09:31 EDTEMCRe/code to hold a discussion
Subscribe for More Information
09:03 EDTHPQHP updates entry-level workstation
HP (HPQ) announced the HP Z240 Tower and Z240 SFF Workstations with next generation Intel (INTC) processors and HP Z Turbo Drive options, raising the bar for entry-level workstations, while providing the reliability of a workstation at the price point of a desktop PC. The Z240 is the latest update to the world's No. 1 ranked entry-level workstation, the HP Z230. As HP's most affordable workstation, the Z240 is ideal for customers in the video editing, MCAD/AEC, education, public sector and image viewing industries.
September 28, 2015
16:10 EDTHPQHP initiated with a Neutral at Sterne Agee CRT
Subscribe for More Information
16:05 EDTIBMIBM annnounces plans to buy Workday services partner Meteorix
Subscribe for More Information
07:28 EDTTSamsung to pay customers up to $120 for buying new Galaxy phone, Verge says
Samsung's (SSNLF) new promotion in the U.S. will pay the rest of a customer's monthly payments in 2015 towards a new Galaxy S6, S6 Edge, S6 Edge+, or Galaxy Note 5, the Verge reports. The promotion will result in $120 off the price of any of those phones if users buy one under a new carrier installment plan between now and October 9, the report says. AT&T (T) will sit the promotion out, the report says. Reference Link
05:30 EDTIBMIBM expands portfolio of cloud business solutions
Subscribe for More Information
September 27, 2015
14:04 EDTIBMCybersecurity firms look prime for takeover, Barron's says
Cybersecurity companies like Palo Alto Networks (PANW), Fortinet (FTNT), and FireEye (FEYE) are becoming increasingly-attractive takeover targets for a Cisco (CSCO) or IBM (IBM), and any future dip in their stocks could represent a buying opportunity, Barron's contends in its 'Technology Trader' column. Reference Link
September 25, 2015
18:19 EDTHPQFormer HP Chairman Ray Lane tried to stop Autonomy acquisition, WSJ says
Subscribe for More Information
09:04 EDTHPQHP management to meet with JPMorgan
Subscribe for More Information
September 24, 2015
09:36 EDTHPQGabelli continues to believe Stratasys is a strategic fit for Hewlett-Packard
Subscribe for More Information
09:22 EDTTSprint to offer iPhone 6s 16GB for $1 per month
Subscribe for More Information
06:16 EDTIBMIBM to open second Watson headquarters in San Francisco
Subscribe for More Information
1 | 2 | 3 | 4 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use