New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
12:52 EDTDELL, STX, HPQ, WDCPC sector stocks retreat after firm warns on emerging markets
A number of stocks related to PCs are sliding after research firm CSLA warned that PC sales in emerging markets are slowing more than it had previously expected. In a note to investors this morning, CLSA analyst Nicolas Baratte reported that sales of computer notebooks and netbooks in emerging markets dropped 1% in the third quarter compared with the same period in 2011. Sales of PCs to emerging market companies sank 7%, and worldwide sales of desktops tumbled 10% in the third quarter, the analyst added. Furthermore, the analyst expects PC sales in developed markets to decline by 9% in 2012 and continue dropping in coming years. On a positive note, Baratte expects PC sales in emerging markets to begin growing again during the current quarter, before jumping 9% in 2013. The analyst continues to have a cautious view of Hewlett Packard (HPQ), Dell (DELL), Seagate Technology (STX), and Western Digital (WDC), and he added that Dell and Hewlett Packard seem to be unable to recover from sizable share losses in the PC market. Baratte maintains Underperform ratings on Seagate, Western Digital, and Hewlett-Packard, and an Outperform rating on Dell. Meanwhile, a decision by Seagate CFO Patrick O'Malley to sell 57,280 shares of the company's stock may also be weighing on Seagate in particular and the sector in general. O'Malley sold the shares on November 21, but the transaction was revealed in an SEC filing last night. In early afternoon trading, Seagate fell 4.59% to $26.09, Western Digital gave back 2.67% to $34.85, Dell slid 1.61% to $9.78, and Hewlett-Packard dropped 1.65% to $12.53.
News For STX;WDC;HPQ;DELL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
March 31, 2015
06:03 EDTHPQStocks with implied volatility below IV index mean; LL HPQ
Subscribe for More Information
March 27, 2015
09:37 EDTHPQActive equity options trading on open
Subscribe for More Information
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
Subscribe for More Information
07:25 EDTHPQThe Economist to hold a forum
Subscribe for More Information
06:05 EDTHPQIntel to partner with notebook makers for Chromebook 2-in-1s, DigiTimes says
Subscribe for More Information
March 25, 2015
06:04 EDTHPQStocks with implied volatility below IV index mean; CSCO HPQ
Subscribe for More Information
March 24, 2015
10:02 EDTHPQHP partners with Bang & Olufsen to bring premium sound to PCs
Subscribe for More Information
05:57 EDTHPQStocks with implied volatility below IV index mean; CSCO HPQ
Subscribe for More Information
March 23, 2015
10:17 EDTHPQHP management to meet with Jefferies
Meetings to be held in Texas March 25-27 hosted by Jefferies.
08:03 EDTSTXSeagate Q2 visibility remains limited, says BofA/Merrill
Subscribe for More Information
07:39 EDTHPQHP break-up value in at least the low $40's, says UBS
Subscribe for More Information
March 22, 2015
17:01 EDTWDCWestern Digital, PACCAR, two others look discounted, Barron's says
Subscribe for More Information
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
09:16 EDTSTXPope Resources appoints John Lamb to VP and CFO effective April 20
Subscribe for More Information
08:35 EDTHPQTsinghua on short list of potential buyers of HP China units, Bloomberg says
Subscribe for More Information
07:47 EDTHPQHP raises quarterly dividend to 17.6c per share from 16c per share
Subscribe for More Information
07:02 EDTHPQHP CEO says company split on track for November 1, Bloomberg says
Subscribe for More Information
March 18, 2015
17:26 EDTHPQHP CEO says split of company should happen around Nov. 1 2015, Bloomberg says
Subscribe for More Information
09:00 EDTHPQPitney Bowes renews strategic alliance with Hewlett-Packard
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