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Oracle Says Mark Hurd Does Not Beat His Dog: An Ethical Issue
Wednesday, September 8, 2010 - 8:41am | 264Mark Hurd does not beat his dog. He did not sexually harass a Hewlett-Packard (NYSE: HPQ) contractor. He would never disclose HP trade secrets to his new employer Oracle (Nasdaq: ORCL) despite the fact that he has secrets he could disclose. In short, he is a man of honor. None of that gets to the...
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Research In Motion in Buying Spree - Analyst Blog
Wednesday, September 8, 2010 - 8:39am | 846Research In Motion Ltd. (RIMM) moves ahead with its acquisition spree. Recently, the company has acquired assets of DataViz, the makers of the popular Documents To Go application. The acquisition news came shortly after DataViz’s announcement to cancel the development of Documents To Go solution...
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Hewlett-Packard downgraded to Neutral from Buy at UBS
Wednesday, September 8, 2010 - 6:54am | 37UBS downgraded Hewlett-Packard Company (NYSE: HPQ) following PC supply chain checks that indicate weak near-term PC demand and more aggressive pricing, along with M&A risk. Target to $44 from $54.
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Mad Money Lightning Round OT: Cramer Thinks That IBM Is Dead Money (IBM, AMD, PNC)
Tuesday, September 7, 2010 - 7:32pm | 176On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he believes that International Business Machines Corp. (NYSE: IBM) is dead money. He thinks that nothing exciting is going to happen in International Business Machines Corp. (IBM), and it is OK to do some selling. International Business...
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Fast Money Picks For September 8th (BCS, HGSI, IBB, HPQ, UNP)
Tuesday, September 7, 2010 - 7:08pm | 210On CNBC's Fast Money, Tim Seymour recommended investors to buy Barclays PLC (ADR) (NYSE: BCS) on Wednesday. Barclays PLC (ADR) (BCS) slipped 5.67% today, and closed at $19.13. Guy Adami thinks that Human Genome Sciences (NASDAQ: HGSI) should be bought tomorrow. Human Genome Sciences (HGSI) lost 2....
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Zings Of The Day (HPQ, ORCL, SIRI)
Tuesday, September 7, 2010 - 5:16pm | 260Mark Hurd is joining Oracle (NASDAQ: ORCL), and that's sending the stock higher today. It's being dubbed the "Age of Love" for Oracle. Maybe that's just Mark Hurd's nameplate on his office. European banks finished lower today, on concerns the original "stress tests" were not hard enough. In...
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Hewlett-Packard Suing Hurd Over New Oracle Post (HPQ, ORCL)
Tuesday, September 7, 2010 - 4:40pm | 319It would appear, that the situation between Hewlett-Packard (NYSE: HPQ) and its former CEO Mark Hurd is far from over. This morning, Oracle (NASDAQ: ORCL) announced that it had hired Hurd as its co-president. Last month, HPQ fired the technology exec over expense account improprieties that related...
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Teradata Partners Electronic Arts - Analyst Blog
Tuesday, September 7, 2010 - 4:36pm | 1180A leading provider of Enterprise Data Warehousing (EDW) solutions, Teradata Corp. (TDC) announced a two year partnership with Electronic Arts Inc. (ERTS), a premier video game developer and publisher. Under the agreement, Electronic Arts will deploy Teradata’s complete Managed Services support,...
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24/7 Wall St.'s Corporate Power Rankings: Week 34
Tuesday, September 7, 2010 - 3:42pm | 158The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and change, and credible rumors. It is, in effect, a new...
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Nike Unveils New Nike+ GPS App (NKE, AAPL)
Tuesday, September 7, 2010 - 3:18pm | 116Building upon its growing array of digital training tools for athletes, Nike (NYSE: NKE) today announced the availability of its new Nike+ GPS App on the App Store. The app is engineered to operate seamlessly between GPS and an accelerometer for an accurate, motivating and entertaining runner’s...
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Hewlett-Packard Suing Mark Hurd (HPQ, ORCL)
Tuesday, September 7, 2010 - 2:08pm | 44HP (NYSE: HPQ) announces that the company is suing its ex-CEO, Mark Hurd. Hurd, who got fired from HP in August was recently hired by Oracle (NASDAQ: ORCL).
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Hewlett-Packard Suing Mark Hurd (HPQ, ORCL)
Tuesday, September 7, 2010 - 2:05pm | 44HP (NYSE: HPQ) announces that the company is suing its ex-CEO, Mark Hurd. Hurd, who got fired from HP in August was recently hired by Oracle (NASDAQ: ORCL).
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Further Proof of PC Slowdown Could Hurt Dell & HP (DELL, HPQ)
Tuesday, September 7, 2010 - 2:05pm | 324Samsung Electronics warned of an oversupply of computer memory chips Tuesday, which could have big implications in the PC market. Specifically, Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) could continue to experience sales weakness amid an uncertain economic outlook. "If the PC market...
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Google to Launch TV Service in U.S. This Fall (GOOG)
Tuesday, September 7, 2010 - 1:33pm | 190Google, Inc. (NASDAQ: GOOG) will launch a television service in the United States this fall, the company's CEO said Tuesday. According to a Reuters report, "CEO Eric Schmidt said the service, which will allow full Internet browsing via the television, would be free, and Google would work with a...
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Fitch Rates Dell's $1.5B Senior Unsecured Note Offering 'A' (DELL)
Tuesday, September 7, 2010 - 12:53pm | 85Fitch Ratings has assigned an 'A' rating to Dell's (NASDAQ: DELL) $1.5 billion offering of senior unsecured notes. The notes are expected to rank pari passu with all existing debt of the company. Net proceeds from the offering are expected to be used for general corporate purposes, including...