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Deutsche Bank Downgrades Hewlett-Packard To Sell, Lowers PT To $20
Friday, August 19, 2011 - 7:46am | 27Read More...Deutsche Bank has downgraded Hewlett-Packard (NYSE: HPQ) from Hold to Sell and has lowered the price target from $36 to $20.
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Sterne Agee Downgrades Hewlett-Packard To Neutral, Removes PT
Friday, August 19, 2011 - 7:45am | 26Read More...Sterne Agee has downgraded Hewlett-Packard (NYSE: HPQ) from Buy to Neutral and has also suspended its $53 price target.
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Goldman Sachs Lowers PT On Hewlett-Packard To $30
Friday, August 19, 2011 - 7:42am | 26Read More...Goldman Sachs has lowered the price target on Hewlett-Packard (NYSE: HPQ) from $34 to $30 and maintains its Neutral rating.
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Benzinga's Top Pre-Market Losers
Friday, August 19, 2011 - 7:35am | 113Read More...CSX Corporation (NYSE: CSX) dipped 13.60% to $18.30 in the pre-market session. CSX had $1.30 billion in total cash and $8.68 billion in total debt for the latest quarter. Hewlett-Packard Company (NYSE: HPQ) moved down 11.18% to $26.21 in the pre-market session. HPQ issued downbeat outlook for the...
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A Peek Into The Market Before The Trading Starts
Friday, August 19, 2011 - 7:34am | 425Read More...Pre-open movers US stock futures are lower this morning, after the global equity markets plunged over growth fears. Futures for the Dow Jones Industrial Average dipped 191 points to 10,826.00 and S&P 500 index futures fell 22.50 points to 1,121.00. Nasdaq 100 futures dropped 42.25 points to 2,...
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Benzinga's Top Upgrades
Friday, August 19, 2011 - 7:31am | 130Read More...Jefferies & Company upgraded Research In Motion Limited (NASDAQ: RIMM) from “underperform” to “hold.” RIMM's shares closed at $25.76 yesterday. RIMM's PEG ratio is 0.85. Analysts at JP Morgan upgraded Genesee & Wyoming Inc (NYSE: GWR) from “neutral” to “overweight.” GWR's shares closed at...
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Jefferies Reiterates Buy on Hewlett-Packard
Friday, August 19, 2011 - 7:17am | 112Read More...Jefferies is out with its report today on Hewlett-Packard (NYSE: HPQ), reiterating Buy. In its report, Jefferies writes, "After three failed attempts HP is finally kitchen sinking their guidance and outlook. The company unveiled its plans to radically transform by acquiring Autonomy, spinning off...
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Morgan Stanley Comments on Hewlett-Packard
Friday, August 19, 2011 - 6:59am | 91Read More...Morgan Stanley has published a research report on Hewlett-Packard (NYSE: HPQ) lowering estimates for the computer company. In the report, Morgan Stanley wrote, "As we published in a Jan 3, 2011 note, we believe HP is better served looking for strategic alternatives for the low margin PC business...
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Auriga Lowers PT on Hewlett-Packard To $43
Friday, August 19, 2011 - 5:52am | 25Read More...Auriga has lowered the price target on Hewlett-Packard (NYSE: HPQ) from $45 to $43 and maintains its Hold rating.
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Stocks To Watch For August 19
Friday, August 19, 2011 - 3:41am | 379Read More...Some of the stocks that may grab investor focus today are: Hewlett-Packard Co (NYSE: HPQ) reported a rise in its Q3 net income, but issued downbeat outlook for the current quarter and lowered its forecast for the year. The company reported its quarterly earnings at $1.93 billion, or $0.93 per...
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HP Appoints New Head of Enterprise Services
Thursday, August 18, 2011 - 4:12pm | 90Read More...HP (NYSE: HPQ) today announced that it has appointed John Visentin as executive vice president of HP Enterprise Services, effective immediately. Visentin will be responsible for driving growth in HP Enterprise Services, which delivers technology infrastructure, applications and business services...
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UPDATE: HP to Acquire Autonomy Corporation for $42.11 per Share
Thursday, August 18, 2011 - 4:11pm | 166Read More...HP (NYSE: HPQ) and Autonomy Corporation plc today announced the terms of a recommended transaction under which HP (through an indirect wholly-owned subsidiary, HP SPV) will acquire all of the outstanding shares of Autonomy for £25.50 ($42.11) per share in cash. The transaction was unanimously...
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UPDATE: HP to Evaluate Strategic Alternatives for Personal Systems Group
Thursday, August 18, 2011 - 4:09pm | 145Read More...HP (NYSE: HPQ) today announced that its board of directors has authorized the evaluation of strategic alternatives for its Personal Systems Group, including the exploration of the separation of its PC business into a separate company through a spin-off or other transaction. HP is implementing a...
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Google Finally Finds a Storm it can Weather
Thursday, August 18, 2011 - 3:49pm | 306Read More...Apple, Microsoft? No way. Rain and hail? Bring it on! To most people in the tech industry, Google (NASDAQ: GOOG) is currently known as the kooky search engine giant that shocked the world when it announced its plans to acquire Motorola (NYSE: MMI). The acquisition wasn't unprecedented (this is...
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HP Confirms Discussions with Autonomy Corporation plc Regarding Possible Business Combination
Thursday, August 18, 2011 - 3:02pm | 129Read More...HP (NYSE: HPQ) today commented on the recent announcement by Autonomy Corporation plc. HP confirms that it is in discussions with Autonomy regarding a possible offer for the company. HP also reported that it plans to announce that its board of directors has authorized the exploration of strategic...

