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Apple Products Throughout The Years
Friday, August 19, 2011 - 4:58pm | 31Read More...Apple (NASDAQ: AAPL) has created countless products throughout the years that both investors and tech geeks alike love. Here's a few of them.
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Zings Of The Day, August 19, 2011
Friday, August 19, 2011 - 3:38pm | 114Read More...Bank of America (NYSE: BAC) is cutting 3,500 jobs by September, and could potentially cut thousands more. What is it called when banks go bankrupt? Oh ya. That's right. It's called Bank of America. Hewlett-Packard's (NYSE: HPQ) planned exit of the personal-computer business may provide a boost...
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Amazing Stat of the Day; Apple (AAPL) Worth More than Top 32 European Banks - Combined
Friday, August 19, 2011 - 3:30pm | 413Read More...We could replace Apple (AAPL) with Exxon (XOM) but you get the picture - you can combine the top 32 European banks and they would not be worth as much as either of the 2 companies above. But they sure cause a lot more trouble. Earlier on Friday the DJ STOXX euro zone banks index fell 4 percent,...
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What Would You Rather Have? All The Money In Europe, Or Apple?
Friday, August 19, 2011 - 2:02pm | 172Read More...You know you are great when you are worth as much as all the banks in Europe. Apple (NASDAQ: AAPL) is now worth as much as the 32 largest banks in the Euro zone, according to Reuters. As a result of the sharp increase in volatility over the past few weeks, and recent share prices declines in some...
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Angela's Ashes: EU May Draft Eurobond Legislation Despite Merkel's Objections
Friday, August 19, 2011 - 12:39pm | 783Read More...Huge news out of Bloomberg, especially if it winds up becoming true. According to the New York-based financial publication, European Union regulators may start drafting legislation for a Eurobond to help control the debt crisis, which appears to be spiraling out of control. This is a stark...
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Michael Dell Attacks HP
Friday, August 19, 2011 - 11:39am | 252Read More...Dell (NASDAQ: DELL) CEO Michael Dell just loves to verbally throw down, and he particularly enjoys spreading dirt about HP (NYSE: HPQ). It is almost as if he is obsessed with HP, who recently underwent massive corporate restructuring. HP is keeping a dignified silence, telling Benzinga that the...
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FBN Securities Retains Hewlett Packard Sector Perform, Lowers PT
Friday, August 19, 2011 - 11:37am | 101Read More...FBN Securities retained its Hewlett Packward (NYSE: HPQ) Sector Perform rating and lowered its Hewlett Packard price target from $38 to $28 in a research report published today. In the report, FBN Securities states, "The bottom line is that while HPQ is trying to become “more like IBM” (exit PCs,...
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iPad 3 in Early 2012, World Domination Forever?
Friday, August 19, 2011 - 11:35am | 901Read More...We have heard the countless iPad 3 rumors, but it looks like we finally have a concrete date for the next tablet from Apple (NASDAQ: AAPL). The Wall Street Journal is reporting Steve Jobs and the rest of his team in Cupertino, Calif. are planning to launch the third version of the iPad in early...
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Read The Fine Text: Who Benefits From The HP, Open Text Merger
Friday, August 19, 2011 - 10:26am | 649Read More...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...
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UPDATE: Sterne Agee Downgrades Hewlett-Packard Company from Buy to Neutral
Friday, August 19, 2011 - 9:31am | 101Read More...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...
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UPDATE: Deutsche Bank Downgrades Hewlett-Packard to Sell
Friday, August 19, 2011 - 9:06am | 145Read More...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...
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UPDATE: Goldman Sachs Lowers PT on Hewlett-Packard to $30
Friday, August 19, 2011 - 8:53am | 122Read More...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...
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UPDATE: Credit Suisse Lowering Price Target On Hewlett-Packard (HPQ) NEUTRAL
Friday, August 19, 2011 - 8:28am | 95Read More...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...
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UPDATE: Collins Stewart Lowers PT on Hewlett-Packard to $30
Friday, August 19, 2011 - 8:20am | 77Read More...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...
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Benzinga's Top Downgrades
Friday, August 19, 2011 - 7:50am | 122Read More...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...

