10 Signs You're Headed for a Financial Meltdown
Why Taco Bell and Popeyes Want to Serve You BreakfastStorage Software Worth 22% of NetApp's Stock Value
NetApp (Continue reading Storage Software Worth 22% of NetApp's Stock Value
Analyst Calls: AAPL, AEO, CREE, DELL, HPQ, IBM, LMT, MMI, MYGN, PH ...
Analyst Upgrades
- Cree (CREE) and Rubicon Technology (RBCN) to buy from neutral at Merriman.
- Children's Place (PLCE) to outperform from market perform at BMO Capital.
- Lockheed Martin (LMT) to neutral from underperform at BofA/Merrill.
- Copano Energy (CPNO) to outperform from market perform at Morgan Keegan.
- Motorola Mobility (MMI) to neutral from reduce at Nomura.
- Parker-Hannifin (PH) to buy from hold at KeyBanc.
- Akamai (AKAM), ShoreTel (SHOR), AMB Property (AMB) and ProLogis (PLD) to buy from hold at Stifel Nicolaus.
Continue reading Analyst Calls: AAPL, AEO, CREE, DELL, HPQ, IBM, LMT, MMI, MYGN, PH ...
Hot Storage Company Fusion-io Goes for an IPO
Over the past couple years, the storage market has been the target of big acquisitions from companies like HP (HPQ) and Dell (DELL). With cloud computing -- as well as the emergence of data-hungry applications -- the growth in the market has been strong.
To capitalize on this, some of the top companies are looking at IPOs. For example, Fusion-io made its filing this week. The lead underwriters include Goldman Sachs (GS) and Morgan Stanley (MS).
Continue reading Hot Storage Company Fusion-io Goes for an IPO
Closing Bell: Bull & Bears Still Fight For Show (GM, HPQ, SLXP, TM, TGT, UAL)
Stocks tried to open positive today but geopolitics and oil kept things from being a solid win throughout the trading day. Oil's gain is spiking gasoline higher in local markets and soft commodities took a breather. Weekly jobless claims went back under the 400,000 mark again despite dollar weakness, but new home sales were down by the double-digits again. Here were today's unofficial closing bell levels:
Dow Jones 12,068.50 -37.28 (-0.31%)
S&P 500 1,306.10 -1.30 (-0.10%)
Nasdaq 2,737.90 +14.91 (0.55%)
Top Analyst Calls
Continue reading Closing Bell: Bull & Bears Still Fight For Show (GM, HPQ, SLXP, TM, TGT, UAL)
Hewlett-Packard Down Big After Latest Report
Oh dear. Did you catch the price action in Hewlett-Packard Company (HPQ)? Somewhat hard to miss, I would imagine. Unless you purposely avoid stocks that are down 10%. At the time of this writing, shares of the PC maker were actually down well over 10% to $43.09. And talk about volume! It's multiple times the 30-day average. I have a feeling the market is trying to say something to management. Even with all the other macro concerns that Wall Street is dealing with, shareholders of Hewlett-Packard have to pay attention to this move.
Continue reading Hewlett-Packard Down Big After Latest Report
Is Hewlett-Packard Undervalued?
As outlined in November 2010, Hewlett-Packard Company (HPQ), first discussed on April 24, 2009, at a price of $35.80, has made it through its autumn rough-patch, and the stock has since moved further norther this winter to trade at/near $48.
And needless to add, Hewlett is still preferred here, and with a P/E of 10.5, HPQ is still on sale.
Closing Bell: Tech Giveth, Tech Taketh Away (DDS, FFIV, FDO, HPQ, MS, PLXS, WEN)
Another day of tech concerns took the markets lower during earnings season. Consumer confidence was higher and jobless claims were lower and the dollar was trying to show some strength. Still, housing data was mixed and inflation was picking up in the Philadelphia Fed report this morning. The biggest issue today is that many of these stocks were just up too much ahead of earnings. Despite the caution, the DJIA and S&P500 were close to and even above the red-line for part of the day. Here were today's unofficial closing bell levels:
Dow Jones 11,822.80 -2.49 (-0.02%)
S&P 500 1,280.26 -1.66 (-0.13%)
Nasdaq 2,704.29 -21.07 (-0.77%)
Top Analyst Upgrades & Downgrades
7 Big Stocks At All-Time Highs
Continue reading Closing Bell: Tech Giveth, Tech Taketh Away (DDS, FFIV, FDO, HPQ, MS, PLXS, WEN)
Analyst Calls: AA, AMD, AMR, AZN, CIT, GSK, HPQ, M, NVDA, PCX, SPWRA ...
Analyst Upgrades
- Hewlett-Packard (HPQ) to buy from neutral at UBS.
- Fluor (FLR) to overweight from neutral at JPMorgan.
- Macy's (M) to outperform from neutral at Credit Suisse.
- Canadian Solar (CSIQ), JA Solar (JASO) and HeartWare (HTWR) to buy from hold at Auriga.
- Ashford Hospitality (AHT) to outperform from market perform at FBR Capital.
- RenaissanceRe (RNR) to buy from neutral at Janney Capital.
- DCT Industrial (DCT) to market perform from underperform at Wells Fargo.
- Coeur d'Alene Mines (CDE) and Silver Standard (SSRI) to buy from hold at Deutsche Bank.
- Weatherford (WFT), Hercules (HERO), GulfMark Offshore (GLF), Tidewater (TDW) and GlaxoSmithKline (GSK) to buy from hold, and Diamond Offshore (DO) to hold from underperform, at Jefferies.
- Ritchie Bros. (RBA) to buy from neutral at BofA/Merrill.
- AstraZeneca (AZN) to buy from hold at Citigroup.
Continue reading Analyst Calls: AA, AMD, AMR, AZN, CIT, GSK, HPQ, M, NVDA, PCX, SPWRA ...
Closing Bell: Thinning the Holiday Trading Herd (ENZN, NKE, JPM, AIB, HPQ, AAPL, SIRI)
Wednesday was the last full day for most of those who are still working this week. Trading volume has already begun to lighten up but we still had several key movers on the day. Retail sales were up at the last minute for those finishing their shopping, GDP revisions for Q3 came in at 2.6% versus a prior 2.5% growth reading, and existing home sales rose by 5.6% in November with an annual sales pace of 4.68 million units. Here were today's unofficial closing bell levels:
Dow Jones 11,559.49 +26.33 (0.23%)
S&P 500 1,258.83 +4.23 (0.34%)
Nasdaq 2,671.48 +3.87 (0.15%)
Dell Strikes a Deal for Compellent
One of the big themes in technology for 2010 has been the scramble to buy up data storage companies. Perhaps the most interesting transaction was the bidding war for 3Par. HP (HPQ) paid a premium price to beat out Dell (DELL).
As margins on PCs and laptops continue to fall, the large computer makers are trying to find ways to boost margins. And data storage products are a key way to do this.
Riverbed Enters Bidding War Against Hewlett-Packard
Riverbed Technology (RVBD - option chain) shares are rising today on reports that the company is in negotiations to buy Radware (RDWR) for $47 per share. Rival Hewlett-Packard (HPQ) reportedly has offered $45 per share for RDWR. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on RVBD.
RVBD opened this morning at $35.50. So far today the stock has hit a low of $34.58 and a high of $36.91. As of 12:20, RVBD is trading at $34.99 up 0.17 (0.5%). The chart for RVBD looks neutral and S&P gives RVBD a neutral 3 STARS (out of 5) hold ranking.
Continue reading Riverbed Enters Bidding War Against Hewlett-Packard
Closing Bell: A Bounce Off of Support? (AMRN, IRE, BP, HPQ)
Some may think that this was a full day for investors. It wasn't. Many investment professionals were still heading back after a long Thanksgiving weekend. Overseas markets were soft and many question the bailout in Ireland. Oil rose on the day after dollar weakness and the U.S. markets managed a serious comeback after dollar weakness that almost took markets from deep in the red-zone to almost positive before late-day sellers showed up. Maybe that DJIA 11,000 matters after all... Here were today's closing bell levels:
Dow Jones 11,052.49 -39.51 (-0.36%)
S&P 500 1,187.76 -1.64 (-0.14%)
Nasdaq 2,525.22 -9.34 (-0.37%)
Continue reading Closing Bell: A Bounce Off of Support? (AMRN, IRE, BP, HPQ)
Hewlett-Packard Shareholders Sue Over CEO Exit
Hewlett-Packard (HPQ - option chain) stock is trading lower today after the company was sued by shareholders seeking information about the company's firing of former CEO Mark Hurd. The suing shareholders will seek "monetary relief" on behalf of the company. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on HPQ.This morning, HPQ opened at $42.58. So far today the stock has hit a high of $42.70 and a low of $42.18. As of 12:10, HPQ is trading at $42.25, down $0.95 (-2.2%). The chart for HPQ looks bullish and S&P gives HPQ a positive 5 STARS (out of 5) strong buy .
Continue reading Hewlett-Packard Shareholders Sue Over CEO Exit
Hewlett-Packard: Sell-Off Appears to Be Over
Hewlett-Packard Company (HPQ), first discussed on April 24, 2009 at a price of $35.80, appears to have made it through its summer swan dive. Shares swooned from about $55 to $37.32 -- coming close to the sell/stop loss at $36, but then found support and have since moved back above the key, 50-day moving average and the $40-level.
Hewlett is still preferred, here, and look at the recent price dip this way: with a P/E of about 9, HPQ is on sale -- for those investors who can tolerate the risk.
Continue reading Hewlett-Packard: Sell-Off Appears to Be Over
Hewlett-Packard in the Green After Earnings Report
Hewlett-Packard Company (HPQ) was up 2% to $44.19 at the close of today's bell. Unfortunately, that wasn't too close to the 52-week high of $54.75. Then again, it was comfortably above the 52-week low of $37.32. And, volume was super-strong.
Alas, the chart doesn't look too appealing, does it? The equity seems to be in a downtrend, and while traders might be able to make some money, long-term believers had no choice but to consistently add on the dips to improve the cost basis.
Continue reading Hewlett-Packard in the Green After Earnings Report
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
How I 'Stole' $14 Million From a Bank: A Security Tester's Tale
10 Signs You're Headed for a Financial Meltdown
Powerball Jackpot Leaps to $550 Million
Why Taco Bell and Popeyes Want to Serve You Breakfast
The Coca-Cola Code: Teen 'Buys' Recipe for $15 Million on eBay
How Kidnapping Suspect Passes Time Behind Bars
How I Squandered My Inheritance at Age 18
12 Common Workout Myths Debunked
Bad News for Buffett: S&P Downgrades Berkshire Hathaway Rating
Courtney Stodden Has A Sex Tape
5 Mortgage Facts You (Really, Seriously) Need to Know
PHOTOS: 10 Deadliest Periods In History (NEW BOOK)
Save on Spring Cleaning With a New Vacuum -- Savings Experiment
These American Companies Refused To Sign The Bangladesh Safety Accord
J.C. Penney's New Logo: Will Its Fourth in Four Years Be the Charm?
Police Investigate Student Shooting Death
Radio Host Makes Shocking Claim About Shooting Hillary Clinton
Teen Who Died During Her First Solo Drive May Have Been Texting
LOOK: There's Something Wrong With This Picture
Marine Reunited With Four-Legged Friend
Former OJ Attorney Gives Shocking Testimony
PHOTO: Looking Good! Chaz Bono Loses 65 Pounds
PREGNANT!
McDonald's Store Owners Fear Fast Food Chain Becoming Too Slow
Guess Which State Boasts The Most Million-Dollar Homes?
PHOTO: Rob Kardashian Takes A Hike
Waitress Surprised With HUGE Tip On Tiny Bill
Will Smith, Jaden Smith Get Photobombed
Jodi Arias' Lawyers Want Out
New Leads In Case Of Missing British Girl
Pictures Showing Pregnant Teens' Bumps Banned From Yearbook
Chef Allegedly Killed Over Noodle Dinner Gone Wrong
The Afterlife Of Andy Kaufman
