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Citigroup Lowers PT On Hewlett-Packard To $65
Wednesday, February 23, 2011 - 8:01am | 26Citigroup has lowered the price target on Hewlett-Packard Company (NYSE: HPQ) from $70 to $65 and maintains its Buy rating.
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Mad Money Lightning Round: Cramer Advises Investors To Buy Apache (BMY, AAPL, APA, IBN, FCX, BHP)
Wednesday, February 23, 2011 - 3:58am | 184On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Bristol-Myers Squibb (NYSE: BMY) is “not doing anything.” He added, “They don't have a good pipeline. In the end there's little growth." For Apple (NASDAQ: AAPL), he said, "Expect that you'll have to buy more. It could have...
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Stocks To Watch For February 23 (PCLN, HPQ, LTD, CHK, LOW)
Wednesday, February 23, 2011 - 3:55am | 231Some of the stocks that may grab investor focus today are: Wall Street expects priceline.com Incorporated (NASDAQ: PCLN) to report its Q4 EPS at $3.10 on revenue of $736.14 million. PCLN shares dropped 0.49% to $431.65 in after-hours trading. Hewlett-Packard Co (NYSE: HPQ) reported its adjusted FQ1...
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Should Apple Become a Game Developer?
Tuesday, February 22, 2011 - 5:32pm | 861In the game industry, Apple (NASDAQ: AAPL) has become a lot of things: a facilitator (the App Store allows virtually anyone to develop and release games for the iPhone), a distributor (the App Store also guarantees that millions of average Joes are exposed to games they wouldn't have otherwise seen...
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Hewlett-Packard Down 5% On Ugly Guidance (HPQ)
Tuesday, February 22, 2011 - 5:17pm | 243Hewlett-Packard Company (NYSE: HPQ) shares are down more than 5% to $45.50 after the company reported earnings that failed to meet Wall Street expectations, and reported worse than expected guidance for next quarter. The company reported first quarter earnings of $1.36 per share on revenues of $32....
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Hewlett-Packard Reports EPS of $1.36 vs. $1.29
Tuesday, February 22, 2011 - 5:06pm | 42HP (NYSE: HPQ) today announced financial results for its first fiscal quarter ended January 31, 2011. Net revenue of $32.3 billion was up 4% from the prior-year period both as reported and in constant currency. Non-GAAP diluted EPS $1.36
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Will The Banks Buy The Dip?
Tuesday, February 22, 2011 - 4:26pm | 367Nearly every trading day since late August 2010 the dip in the stock market has been bought. Many professional traders and investors suspect that the large major banks buy the major stock indexes just before the Federal Reserve Bank initiates their daily permanent open market operation (POMO). It...
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Libya Dominating Headlines 02-22-2011
Tuesday, February 22, 2011 - 3:49pm | 1058Cusick's Corner The headline risk just became a reality for now. With the Middle East, most notably Libya, dominating the headlines and continued local unrest at the state level, Wisconsin proposing to drop the public union's collective bargaining rights and now potentially Ohio, the market has...
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Apple Down 3% On Heavy Volume (AAPL)
Tuesday, February 22, 2011 - 2:57pm | 80One of the major culprits for the carnage that is being dished out on Tuesday in the NASDAQ is Apple Computer (NASDAQ: AAPL). The stock is having its worst session in recent memory, down 3% at $339.80. There have been rumors circulating about Steve Jobs health as well as potential product delays....
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Will Apple Unveil The iPad 2 Next Week? (AAPL)
Tuesday, February 22, 2011 - 2:55pm | 83Engadget is reporting that Apple (NASDAQ: AAPL) may in fact be announcing its iPad 2 next week. This comes from a report from Kara Swisher at All Things D, who first reported the potential announcement. Shares of Apple are off $10.74 to $339.82, a loss of 3%. This is a little stronger than the...
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Hated Netflix vs Loved Apple: Netflix Wins
Tuesday, February 22, 2011 - 12:48pm | 384(TheStreet) -- The financial markets have the ability to take the most common of human traits and take full advantage of them to an extent that would even make P.T. Barnum look away in embarrassment. All the common emotions we rely on for our day-to-day survival often end up costing us our wine-and...
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Piper Jaffray Gives Apple's Jan. NPD Preview
Tuesday, February 22, 2011 - 9:30am | 186Apple's (NASDAQ: AAPL) NPD data for January will be released today around 2 PM ET and will represent some of the first data points for Apple's March quarter. For both Mac and iPod, Piper Jaffray expects YoY growth rates for domestic NPD data that are in line with Piper's and Street models. Piper is...
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US Stock Futures Signal Lower Start On Wall Street, Libya Unrest Continues
Tuesday, February 22, 2011 - 7:41am | 350US stock futures are lower this morning as unrest continued in the major oil-producing state of Libya. Futures for the Dow Jones Industrial Average tumbled 100 points to 12,275.00, while those for the S&P 500 index dropped 16.6 points to 1,325.60. Futures for the Nasdaq 100 declined 36 points...
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Earnings Scheduled For February 22 (M, HPQ, MHS, WMT, BKS, MDT, ODP, NRG, HTZ, RSH, HD, CHK, MHK)
Tuesday, February 22, 2011 - 4:19am | 337Macy's Inc (NYSE: M) is projected to report its Q4 EPS at $1.52 on revenue of $8.27 billion. Hewlett-Packard Company (NYSE: HPQ) is estimated to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. Medco Health (NYSE: MHS) is projected to post its Q4 EPS at $0.94 on revenue of $16.65 billion...
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Stocks To Watch For February 22 (HPQ, WMT, M, HD, MDT)
Tuesday, February 22, 2011 - 4:10am | 184Some of the stocks that may grab investor focus today are: Wall Street expects Hewlett-Packard Company (NYSE: HPQ) to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. HPQ shares gained 0.68% to $49.00 in after-hours trading. Analysts are expecting Wal-Mart Stores Inc (NYSE: WMT) to have...