-
Zings Of The Day (CCME, HPQ, PFE)
Tuesday, March 15, 2011 - 3:56pm | 174China MediaExpress Holdings Inc. (NASDAQ: CCME) announced that Chief Financial Officer Jacky Lam and auditor Deloitte Touche Tohmatsu have resigned, amid allegations that the company is a fraud. I guess sleeping at your desk is the new killing it. Hewlett-Packard Co. (NYSE: HPQ) Chief Executive...
-
What's Hot on TheStreet
Tuesday, March 15, 2011 - 1:17pm | 253Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet HP's New Strategy: Jury's Still Out HP (NYSE: HPQ) CEO Leo Apotheker has given investors his long-term strategy for the company, although the jury is still out on his plans to refocus HP on cloud services and...
-
Hewlett-Packard Hosts Analyst Summit, Goldman Sachs Maintains Sell Rating
Tuesday, March 15, 2011 - 9:04am | 153Goldman Sachs has published a research report on Hewlett-Packard (NYSE: HPQ) after the company hosted its analyst summit in San Francisco. In the report, Goldman Sachs writes "Hewlett-Packard hosted its much-anticipated analyst summit in San Francisco with CEO Léo Apotheker outlining his long-term...
-
March Market Madness: Hewlett-Packard (HPQ)
Tuesday, March 15, 2011 - 8:30am | 294As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up Hewlett Packard (HPQ) With all of the hub-bub about cloud computing and global sales of servers, HP seems to be following the path of Dell. That will not be good. The new [...]
-
J.P. Morgan Comments On Hewlett-Packard Growth Strategy
Tuesday, March 15, 2011 - 7:56am | 102In a report published by J.P. Morgan, Hewlett-Packard's (NYSE: HPQ) summit ushers in measured growth strategy and also a multi-year EPS roadmap. J.P. Morgan said that yesterday, Overweight-rated HP hosted its HP Summit, focusing on the long-term growth strategy. “We think there were enough...
-
Deutsche Bank Maintains Hold Rating, $42 PT On HPQ
Tuesday, March 15, 2011 - 7:37am | 95Deutsche Bank is maintaining its Hold rating and $42 PT on shares of Hewlett-Packard Company (NYSE: HPQ). “Our estimates are unchanged at rev/EPS FY11 of $130B/$5.20 and FY12 of $135B/$5.55,” Deutsche Bank writes. “In addition, our PT remains $42 which assumes 9x FY11E GAAP EPS (~8x non-GAAP EPS)...
-
Citi: Hewlett Packard Shares Remain Significantly Undervalued
Tuesday, March 15, 2011 - 7:21am | 192Citi reiterates a Buy rating and $65 target on Hewlett Packard (NYSE: HPQ) shares following Monday's Investor Summit with CEO Leo Apotheker. Citi continues to believe that HPQ possesses an underappreciated set of assets capable of delivering sustained double-digit EPS growth and strong cash flow...
-
US Stock Futures Signal Lower Start On Wall Street, Japan's Nikkei Tumbles 10.55%
Tuesday, March 15, 2011 - 6:14am | 336US stock futures are lower this morning following a 10.55% drop in Japanese Nikkei Average, on reports that radiation was leaking from a Fukushima Daiichi nuclear-power plant. Futures for the Dow Jones Industrial Average tumbled 278 points to 11,648.00 and futures on the S&P 500 index dipped 35...
-
iPad Suppliers Strong Today (CRUS, BRCM, STM)
Monday, March 14, 2011 - 3:49pm | 109Companies like Cirrus Logic (NASDAQ: CRUS), ST Micro (NYSE: STM) and Broadcom (NASDAQ: BRCM) are outperforming today, as these companies have parts in the new iPad 2, which is sold out all over the place. While the broader market has been fairly weak the entire day, shares of Apple (NASDAQ: AAPL...
-
iPad 2 Launch Angers Customers, Reveals Holes In Apple Customer Service?
Monday, March 14, 2011 - 2:07pm | 939For a company that prides itself on providing great customer service, Apple (NASDAQ: AAPL) has left a few customers angry over the way it handled the launch of the iPad 2. Long lines were expected for what was being hailed as the most anticipated tablet of the year. While some iPad 2 seekers feared...
-
Crisis in Japan to Have Little Effect on Apple Revenue (AAPL)
Monday, March 14, 2011 - 12:42pm | 131Piper Jaffray released a report today discussing the expected impact on Apple (NASDAQ: AAPL) stock in the wake of Japan's devastation. Given that Japan comprised only 5.4% of overall Apple revenue in the December 2010 quarter, Piper analysts predict that the crisis in Japan will impact Apple March...
-
IBM Pushes Commerce Plan
Monday, March 14, 2011 - 11:18am | 238IBM (NYSE: IBM) is seeking to bridge offline and online sales and the infrastructure attached to it, in conjunction with Unica, Sterling Commerce and Coremetrics, in hopes that it is as successful as analytics. Along with doing this, IBM will target chief marketing officers, procurement chiefs and...
-
Two Different Approaches To Donations (MSFT, AAPL)
Monday, March 14, 2011 - 10:23am | 138Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) are taking two different approaches to donating money towards the Japanese earthquake. Microsoft originally put out a tweet that if users retweeted that specific tweet, Microsoft would donate up to $100,000 towards Japan. It was seen as a shady...
-
Phil Schiller Says White iPhone Out This Spring (AAPL)
Monday, March 14, 2011 - 10:11am | 59Phil Schiller, senior vice president of Worldwide Product Marketing at Apple (NASDAQ: AAPL) tweeted that the white version of the iPhone will be available this spring. At last check, shares of Apple are up $3.30 to $355.29, a gain of nearly 1%.
-
iPad 2 Sold Out (AAPL)
Monday, March 14, 2011 - 9:49am | 181Gene Munster of Piper Jaffray has estimated that Apple (NASDAQ: AAPL) has sold between 400,000 and 500,000 iPad 2s. If actual sales are close to this estimate, then the iPad 2 would have sold much better than the original iPad, which only sold 300,000 during its opening weekend. It is noted,...