PhotoCreditNearly everything on the stock market fell on Thursday, with some tech companies taking particularly hard hits.Most notably, Twitter dropped back to its initial public offering price of $26, after continued questions about whether the service can keep attracting new users. Netflix plunged nearly 8 percent, while Facebook fell 5 percent and LinkedIn declined 4 percent.The carnage kept on going […]
Hewlett-PackardTechnology company Hewlett-Packard reports quarterly earnings on Thursday. Its stock has fallen more than 17 percent this year.HP has a chance to move higher after its earnings and could rise to $38 per share in the short term, said trader Guy Adami. It closed around $33 on Wednesday.But HP stock may not react well after earnings, and investors should stay […]
HP sets out to make Big Data, cloud security enterprise-ready Rachel Schramm | July 17thREAD MOREWith its recent release of the ARCSight SIEM virtual appliance, Hewlett-Packard takes another step towards encouraging enterprises to put their faith in big data storage and cloud computing. The SIEM appliance’s security measures offer additional automation and ease-of-use to manage and predict security threats both […]
Benchmarks ended in the positive territory on Friday, following reports of a rise in new home sales. Friday’s gains led the S&P 500 close at a record high and helped the blue-chip index close in the green for the year. Homebuilder stocks were among the biggest gainers for the day. Hewlett-Packard and GameStop’s better-than-expected earnings added to the bullish sentiment. […]
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By AAP | 23.05.2014 11:55 PM
US stocks have opened higher after mixed earnings reports ahead of a long holiday weekend to commemorate Memorial Day.Five minutes into […]
The recent correction in U.S. software stocks has created an opportunity, says Richard Davis at Canaccord Genuity, who is telling clients to inch their way back into the sector.The analyst believes it is very unlikely that the “March Meltdown” signals a repeat of 1973, 2001 or 2008, since those episodes were accompanied by meaningful economic weakness.“Investors are letting stock prices […]
Finish Line Inc (NASDAQ:FINL) rose 1.77 percent to $25.86 in the current trading session after Bank of America improved its ratings for the mall-based specialty retailer from “Underperform” to “Buy” in a research note sent to investors on Tuesday. FINL shares are trading in the range of $25.67 to $26.66 today. The company has a market capitalization of $1.27 billion […]
In his latest appearance on theCUBE at last week’s Discover summit in Barcelona, Colin Mahony, VP and GM of HP Vertica, shared how the database maker fits into Hewlett-Packard’s analytics strategy.After being acquired by HP in March 2011, Vertica gained access to hardware, service expertise and channel resources that enabled it to expand into global markets, Mahoney tells hosts John […]
