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Stock Market & Financial Investment News

News Breaks
May 27, 2014
16:17 EDTHPQ, XRX, CSCXerox beats out HP for $500M NY Medicaid contract, Bloomberg says
Xerox (XRX) beat out Hewlett-Packard (HPQ) for a contract to replace New York’s Medicaid management system valued at an estimated $500M, according to Bloomberg, citing two people with knowledge of the pact. The report notes that Computer Sciences Corp. (CSC), which runs the current system, didn’t bid and that the new agreement must still be approved by the state comptroller. Reference Link
News For XRX;HPQ;CSC From The Last 14 Days
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April 24, 2015
07:04 EDTXRXXerox sees Q2 adjusted EPS 21c-23c, consensus 25c
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07:04 EDTXRXXerox cuts FY15 adjusted EPS view to 95c-$1.01 from $1.00-$1.06
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07:03 EDTXRXXerox reports Q1 adjusted EPS 21c, consensus 21c
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April 23, 2015
15:01 EDTXRXNotable companies reporting before tomorrow's open
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11:31 EDTHPQOptions with increasing implied volatility
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April 22, 2015
13:39 EDTHPQAnalyst warns competition growing in 3D printing space
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11:08 EDTHPQOptions with increasing implied volatility
Options with increasing implied volatility: CZR FMSA PSEC CSX AEO CRM BBY SPLS HPQ DTV
08:32 EDTCSCCSC to deliver first-of-type PCCC to NHS in Trafford
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April 21, 2015
11:16 EDTHPQOptions with increasing implied volatility
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09:37 EDTHPQHP sells Snapfish to District Photo ahead of seperation
HP announced a definitive agreement to divest Snapfish, its photo storage and merchandising business. District Photo will acquire the Snapfish business, including technology assets and employees. After the transaction closes, HP will maintain a partnership with Snapfish. Snapfish will continue to use HP printing solutions, and HP will provide the HP Connected Photo application developed by Snapfish on HP consumer PCs, including the Sprout computing platform, the company said. HP expects the transaction to close in the second half of FY15. Financial terms of the deal were not disclosed. It added, "The divestiture is consistent with HP’s strategy to focus the organization following HP’s previously announced separation."
08:04 EDTHPQHP, FireEye announce partnership
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05:56 EDTHPQStocks with implied volatility movement; CNX HPQ
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April 20, 2015
15:00 EDTXRXXerox selected by New York for $564.9M Medicaid system contract
Xerox announced it will work with the state of New York to update its Medicaid claims processing system under a $564.9M, five-year contract with the New York State Department of Health. Under the pact , Xerox will implement its Health Enterprise solution to help manage expanding Medicaid rolls. New York Medicaid currently serves over 6M people, the company noted.
April 16, 2015
15:44 EDTCSCCSC holding 'loose' deal talks, not running formal process, dealReporter says
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April 15, 2015
07:58 EDTHPQTsinghua confirms talks for controlling stake in HP unit in China, WSJ reports
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05:10 EDTHPQHP selects Antonio Lucio as Chief Marketing Officer of HP Inc.
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April 14, 2015
10:01 EDTCSCOn The Fly: Analyst Downgrade Summary
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07:47 EDTHPQHP announces new $190M Medicaid contract in Arkansas
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06:05 EDTCSCCSC downgraded to Neutral from Buy at Goldman
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April 13, 2015
19:43 EDTHPQHP reaffirms commitment to the public cloud
In a blog post on HP's website, senior VP Bill Hilf said, "In the past week, a quote of mine in the media was interpreted as HP is exiting the public cloud, which is not the case." Reference Link
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