All Entries Tagged With: "$HPQ"
PIMCO’s Bill Gross Is Bearish on 2012
The head of the world’s largest bond fund—PIMCO—released his investment letter on Wednesday. In it, Bill Gross was notably bearish on the global economy. Gross states, “financial markets and global economies are at great risk.” Noting that the global financial market has depended upon the growth of credit in recent decades, Gross sees little hope [...]
Too Little, Too Late for Microsoft?
On Tuesday last week, Microsoft (NASDAQ: MSFT) showed off its new Windows 8 operating system to developers. Notably, Windows 8 appears to be a radical departure from the traditional Windows operating system format. The new iteration of Windows is being designed to operate largely interchangeably on desktops, laptops, phones and tablets. Further, Microsoft stated that [...]
HP’s TouchPad Sign of a Revolution?
Last week, Hewlett-Packard (NYSE: HPQ) announced that it would be discontinuing production of its TouchPad tablet. The company slashed the price of its tablet to $99, in an apparent effort to quickly liquidate existing stockpiles. Perhaps coming as no surprise, demand for the tablet skyrocketed, and retailers ran out within days. At $99, the tablet [...]
Have Gold Skeptics Been Validated?
After almost hitting $1,900 on Monday, Gold started to pull back on Tuesday, and sharply declined on Wednesday, dipping well below the $1,800 price mark. The precious metal has enjoyed a bull market for the last decade, although much of the action in the price of gold has occurred within the last several weeks. Since [...]
Oracle, Intel, HP Call One Another Out
Oracle Corp. (NASDAQ: ORCL) fired the first shot with this announcement on March 22nd: After multiple conversations with Intel senior management Oracle has decided to discontinue all software development on the Intel Itanium microprocessor. Intel management made it clear that their strategic focus is on their x86 microprocessor and that Itanium was nearing the end [...]
Hewlett-Packard Raises Dividend, Hopes
Perhaps the biggest news to come out of the recent revelation of a new strategy for Hewlett-Packard Co. (NYSE: HPQ) is that the company will raise its dividend by 50%, from an annual payment of $0.32 to $0.48. That will boost HP’s dividend yield up to 1.2%, still short of the 1.6% yield from IBM [...]
Deal with Dell Leads Compellent to Adopt Poison Pill
When storage provider Compellent Technologies, Inc. (NYSE: CML) agreed to be acquired by Dell Inc. (NASDAQ: DELL) for a total of $960 million, some shareholders might have grumbled a bit. The deal, a so-called ‘take-under,’ was struck at $27.75/share of Compellent stock at a time that the stock was trading at more than $33/share. Predictably, [...]
Research in Motion Launches PlayBook Tablet (RIMM)
Hoping to beat the rush to get a tablet device on store shelves, Research in Motion Ltd. (NASDAQ:RIMM) has announced the launch of a 7-inch tablet the company calls the PlayBook, and that is expected to reach stores early in 2011. That’s right, at least 3 and possibly as many as 6 months in the [...]
PC Shipments Expected to Slow in Rest of 2010
The world’s two largest contract suppliers of notebook computers and the world’s second largest desktop PC maker, all based in Taiwan, reported that net earnings rose for the second quarter of 2010. The three companies are Acer, Inc., Compal Electronics Inc., and Quanta Computer Inc. Of the three, Quanta provided the most details about the [...]
Dell and HP Chess Game Continues
When Dell Inc. (NASDAQ:DELL) announced on August 16th that it would acquire storage provider 3Par Inc. (NYSE:PAR) for $18/share in cash, the deal didn’t attract a lot of scrutiny because it made sense given Dell’s success in building its large enterprise business. When Hewlett-Packard Co. (NYSE:HPQ) made a counter-offer of $24/share a few days later, [...]
