Tag Archives: HPQ

Wall Street Breakfast: Must-Know News

Topnews, Worldnews, , , , , , , , , , , , , , , ,

Wall Street Breakfast Editors submit:

Top Stories
In Japan: Gravity. Isaac Newton paid Japan’s equity markets a visit Thursday and it turns out that even Japanese stocks are subject to the law of gravity (who knew?). A confluence of factors sent the Nikkei (EWJ, DXJ) plunging 7.3% in a wild session where the swing from intraday high to low was ~9%. Yields on JGB 10s (JGBL) spiked above 1% at one point, as an already skittish and volatile market was further rattled by what have generally been perceived as hawkish comments out of Ben Bernanke and other Fed officials on Wednesday. Yields pulled back in late trading. Compounding the problem for Japanese stocks was the yen (FXY), which was strong against the dollar throughout (the USD/JPY pair traded down to 101.8 during the Asian session), and a weak read on Chinese manufacturing courtesy of the HSBC flash PMI, which printed in contraction territory


Complete Story »

Apple Share Buyback – The Numbers Talk

Topnews, Worldnews, , , , , , ,

By J. M. Manness:

Apple (AAPL) announced that it has increased its share repurchase authorization to $60 billion from the $10 billion level announced last year. The buyback is to take place between now and the end of 2015. The question for the investor is “What does this mean for me?”

Apple shares have seen a serious reaction since last September, when shares peaked just over $700. Recently Apple has closed at just under $400. The last two earnings reports have been disappointing as a combination of slower rate of growth and a serious falling margin level have combined to give it its first year-over-year EPS decline in over 10 years.

(click to enlarge)

All this and other factors have created a state of uncertainty that has driven investors away from the stock, and forced prices down, even as the overall market has improved significantly. Whether Apple’s decision to raise the buyback


Complete Story »

Wall Street Breakfast: Must-Know News

Topnews, Worldnews, , , , , , , , , , , , ,

Wall Street Breakfast Editors submit:

Top Stories
Bird watching: Doves may offer policy hints in testimony, meeting minutes. Fed watchers (a title which nowadays seemingly encompasses nearly every market participant) will be listening closely to Ben Bernanke’s testimony before the Joint Economic Committee (10 a.m.) in hopes of gleaning some hint as to the future course of monetary policy, even as the Chairman is likely to reveal little in his remarks. Perhaps more interesting will be minutes from the FOMC’s latest policy meeting due, as usual, at 2:00 p.m.

A Dimon by any other name… A bid to strip Jamie Dimon of his chairmanship at JPMorgan (JPM) failed Tuesday when "only" one in three shareholders voted for a proposal to split the dual role of chairman and CEO. It appears the considerable time expended by the board over the past several weeks lobbying for votes indeed paid dividends (no pun intended) as support


Complete Story »

Cisco: Hitting The Next Tipping Point?

Topnews, Worldnews, , ,

ByFuturistics:

Software defined networking, or SDN, is the latest buzz in networking operations after virtualization, cloud, and mobility. It is gaining momentum because of its ability to decouple network logic and policies from the underlying network, resulting in security, scalability, and control in the network.

Seeing the potential in SDN, Cisco (CSCO) has opened its business model to software and services via SDN. Cisco’s SDN will turn the high-end control features in switches and routers into software that can run on cheap hardware. Investing in SDN will not cause any long-term harm to Cisco’s hardware sales as, without routers and switches, it’s impossible to build a SDN. Cisco sees SDN as an opportunity to unlock the value of $180 billion worth of its installed hardware and to double its software revenue in next five years by developing application programming interface, or APIs. These APIs will work for


Complete Story »

Intel: Haswell Release On June 3rd Could Be Huge

Topnews, Worldnews, , , , , ,

ByRuss Fischer:

Intel (INTC) is the world’s largest semiconductor manufacturer by sales. The company supplies over 80% of the CPU chips used in modern PCs and dominates the sale of processors used to power the huge data centers that support cloud computing.

The PC business has been flat to declining for the past two years, leading many pundits to predict the demise of the WinTel personal computer. History, by its very nature, is very cloudy while it is unfolding.

In 2005, Intel published a 10-year road map white paper that clearly set out the challenges and opportunities of future computing, including low power requirements. So, understanding what it needed to do was not Intel’s problem.

There are times when a company’s strengths become temporary weaknesses. This was the case with Intel’s Tick-Tock strategy back in early 2010. The Sandy Bridge processor was introduced as a "Tock" in January


Complete Story »

The PC Industry’s Powerful New Weapon Against Tablets Is About To Be Unleashed

Topnews, Worldnews, , , , , ,

By Sneha Shah:

The whole PC industry has been under siege due to the consumer shift from PC/laptops to smartphones and tablets. PC unit shipments declined by a staggering 14% in the first quarter of 2013 as tablet shipments increased at a rapid pace. PC stocks like Dell (DELL), Hewlett Packard (HPQ), Intel (INTC), Microsoft (MSFT) and Advanced Micro Devices (AMD) saw a sharp stock decline when IDC announced the Q113 PC shipment data. The decline of the PC industry is nothing new with shipments declining by 3% in 2012. Advancements in tablet hardware and software are taking place at a breathtaking pace with major technology companies like Google (GOOG), Apple (AAPL) and Samsung (SSNLF.PK) directing massive marketing and research resources into tablets.

The sale of cheap $100-200 Android tablets is powering the >50% growth of the tablet industry. The leaders of the PC industry are fighting back strongly to stem


Complete Story »

Wall Street Breakfast: Must-Know News

Topnews, Worldnews, , , , , , , , , , , , , , , , , , , , , ,

Wall Street Breakfast Editors submit:

Top Stories
PC shipments plunge. Global PC shipments slumped 13.9% on year to 76.9M units in Q1, estimates IDC, which blamed the introduction of Microsoft’s (MSFT) Windows 8 for the drop. “The Windows 8 launch not only didn’t provide a positive boost to the PC market, but appears to have slowed (it down),” IDC said. H-P (HPQ) was the market leader even though its share fell to 15.7%, while Lenovo (LNVGY.PK) came in at number two and Dell (DELL) at number three.

Japanese car makers recall 3.4M vehicles. Four Japanese car makers have recalled 3.4M vehicles globally due to a malfunctioning inflator in the front-seat airbags, which are made by Takata (TKTDF.PK), although no injuries or deaths have been reported. Toyota (TM) is recalling 1.73M cars, Honda (HMC) 1.14M, Nissan (NSANY.OB) 480,000 and Mazda (MZDAY.PK) 45,500. Takata’s shares slumped 9% in Tokyo, although Toyota’s rose 2.5%


Complete Story »

Wall Street Breakfast: Must-Know News

Topnews, Worldnews, , , , , , , , , , , , , , , , ,

Wall Street Breakfast Editors submit:

Top Stories
Samsung projects Q1 profit jump of 53%. Samsung (SSNLF.PK) has estimated that its Q1 operating profit surged 53% to 8.7T won ($7.7B), beating estimates for 8.38T won, while sales rose 15% to 52T vs consensus of 53T. Samsung didn’t provide a break-down by unit, nor a net profit figure. Seoul-based analyst Lee Sei Cheol said: “In addition to the Galaxy S3, mini models sold well in emerging markets, including China, Brazil and India.”

H-P Chairman Ray Lane quits following sustained criticism. H-P (HPQ) Chairman Ray Lane has resigned after coming under fierce criticism from investors and shareholder advisory firm ISS, which opposed Lane’s recent re-election as chairman because of his role in the Autonomy debacle. Lane will remain as a director, although John Hammergren and G. Kennedy Thompson, who were also the target of disgruntled shareholders, are departing. H-P’s shares were flat pre-market.

Jobs growth seen


Complete Story »