Computer Hardware

By Sean Udall I feel there are rampant misconceptions swirling around since the announced merger of Google (GOOG) and Motorola Mobility (MMI). I will address these, and share my views and predictions. Even though a number of others are looking at many supposed obvious "issues," the development and...

Last night, Hewlett-Packard (NYSE: HPQ) announced it would be buying Autonomy for $42.11 per share in cash, a 64% premium to yesterday's close. In a market rife with volatility and uncertainty, Leo Apotheker is spending a huge amount of money, and paying a huge premium to transition HP. This is...

Sterne Agee has published a research report on Hewlett-Packard Company (NYSE: HPQ) downgrading the company. In the report, Sterne Agee wrote, "We are downgrading our rating on HPQ to Neutral from Buy. We do not like to change investment ratings post earnings reports as it is “after the fact” and...

Deutsche Bank is out with its report today on Hewlett-Packard (NYSE: HPQ), downgrading HPQ to Sell from Hold. In its report, Deutsche Bank writes, "HP delivered revs/non-GAAP EPS of $31.2B/$1.10, modestly above expectations (vs. DB at $31.1B/$1.08; Street at $31.2B/$1.09). However, another...

Goldman Sachs is out with its report today on Hewlett-Packard (NYSE: HPQ), lowering its PT to $30 from $34. In its report, Goldman Sachs writes, "We lower our 12-month price target to $30 from $34 and remain Neutral rated. Our price target is based on a P/E multiple of 7X (unchanged) our CY2012E...

Credit Suisse is out with a research report on Hewlett-Packard (NYSE: HPQ) and is lowering its price target to $33, but is keeping its Neutral rating on shares. In a note to clients, Credit Suisse writes, "We lower our EPS estimates materially by 2%/11% for FY11/12 to $4.83/$4.56 and lower our TP...

Collins Stewart is out with its report today on Hewlett-Packard (NYSE: HPQ), lowering its PT to $30 from $40. In its report, Collins Stewart writes, "We move FY11 EPS to $4.82 (from $5.10) & FY12 to $5.00 (from $5.59). Our PT moves to $30 from $40, or 6x FY12 EPS due to uncertainty on the...

Robert W. Baird downgraded Hewlett-Packard Company (NYSE: HPQ) from “outperform” to “neutral.” HPQ's shares closed at $29.51 yesterday. Hewlett-Packard's trailing-twelve-month ROA is 6.94%. Motorola Mobility Holdings Inc (NYSE: MMI) was downgraded by Oppenheimer from "outperform" to "perform." MMI...

Deutsche Bank has downgraded Hewlett-Packard (NYSE: HPQ) from Hold to Sell and has lowered the price target from $36 to $20.

Sterne Agee has downgraded Hewlett-Packard (NYSE: HPQ) from Buy to Neutral and has also suspended its $53 price target.

Goldman Sachs has lowered the price target on Hewlett-Packard (NYSE: HPQ) from $34 to $30 and maintains its Neutral rating.

CSX Corporation (NYSE: CSX) dipped 13.60% to $18.30 in the pre-market session. CSX had $1.30 billion in total cash and $8.68 billion in total debt for the latest quarter. Hewlett-Packard Company (NYSE: HPQ) moved down 11.18% to $26.21 in the pre-market session. HPQ issued downbeat outlook for the...

Pre-open movers US stock futures are lower this morning, after the global equity markets plunged over growth fears. Futures for the Dow Jones Industrial Average dipped 191 points to 10,826.00 and S&P 500 index futures fell 22.50 points to 1,121.00. Nasdaq 100 futures dropped 42.25 points to 2,...

Jefferies & Company upgraded Research In Motion Limited (NASDAQ: RIMM) from “underperform” to “hold.” RIMM's shares closed at $25.76 yesterday. RIMM's PEG ratio is 0.85. Analysts at JP Morgan upgraded Genesee & Wyoming Inc (NYSE: GWR) from “neutral” to “overweight.” GWR's shares closed at...

Jefferies is out with its report today on Hewlett-Packard (NYSE: HPQ), reiterating Buy. In its report, Jefferies writes, "After three failed attempts HP is finally kitchen sinking their guidance and outlook. The company unveiled its plans to radically transform by acquiring Autonomy, spinning off...