Hewlett-Packard Co. (NYSE: HPQ), the world’s biggest computer company, has nowhere to go but up. Scheduled to report third-quarter financials after the market close Wednesday, investors and technologists will be watching for signs that its restructuring and massive write-offs are over.
The top after-market Nasdaq gainers Tuesday were Vitesse Key Tronic Corporation, Alexza Pharmaceuticals Inc, Affymax Inc, Fifth Third Bancorp and Warner Chilcott plc.The top after-market Nasdaq losers were Ultra Clean Holdings Inc, Dell Inc, Career Education Corporation, Thomas Properties Group and Amkor Technology Inc.
Dell (Nasdaq: DELL), the No. 3 PC maker, reported second-quarter results that missed analyst?s estimates. Worse, the company said it expected third-quarter performance to fall below expectations.
International Business Machines Corp. (NYSE: IBM), the no. 2 computer maker that?s also one of the biggest chipmakers, said it plans to acquire private Texas Memory Systems to bolster its offerings in the flash-memory sector crucial for new servers and mobile products.
Dell is scheduled to report second-quarter results Tuesday below last year?s. For the first time, the company founded by Chairman Michael S. Dell nearly 30 years ago in a dorm room will be ranked No. 3 in PC sales, having lost its No. 2 ranking last quarter to China?s Lenovo Group.
After enjoying a record-breaking quarter earlier this year, Apple posted yet another milestone on Monday, this time for its stock. With its stock reaching $660.73 a share early Monday morning, Apple finally surpassed Microsoft as the most valuable publicly-traded stock ever, achieving a market capitalization of $619.37 billion, the largest cap ever recorded.
The release date for Microsoft’s Windows 8 is drawing near, and another purported leak of what will be featured in the new operating system has surfaced online. The long-time PC manufacturer seems to be crafting a new version of video chat service Skype catered to the new Windows 8 user interface.
Before the curtain falls on this earnings season, investors will hear next week from several more major players, including Dell, Hewlett-Packard, Lowe's and Best Buy.
China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, reported first-quarter net income jumped 30 percent , ahead of estimates, as global revenue rose 35 percent – far better than performance for its U.S. rivals, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), the No. 3 PC maker.
Alexa Dell, the daughter of Dell, Inc. (NASDAQ: DELL) CEO Michael Dell, had her Twitter account taken down after sharing an Instagram photo on the Tumblr Rich Kids Of Instagram.
Cisco Systems (Nasdaq: CSCO) reproted fourth-quarter results that exceeded analyst estimates.
Wall Street powerhouse Standard & Poor’s lowered its opinion of Dell (Nasdaq: DELL), the No. 3 PC maker, because it’s becoming “more bearish of the PC industry in general,” the ratings agency said Wednesday. It trimmed its 12-month target price for Dell shares to $14 from $15.
Software giant Microsoft announced the hardware partners for Windows RT edition. The Windows RT tablets will be accompanied by ARM processor.
Chances are second-quarter results from Xerox Corp., the No. 1 copier maker that’s moved increasingly into services, will be a disappointment, keeping in line with the general technology sector.
The tycoon has repeatedly denied have any kind of links to the mob.
Intel (Nasdaq: INTC), the No. 1 chipmaker, Tuesday reported decent second-quarter financials but spooked investors and Silicon Valley with the dreaded news: third-quarter sales will be worse than expected.
Hewlett-Packard Co. (NYSE: HPQ) narrowly retained its spot as No. 1 in global PC sales but China?s Lenovo Group (Pink: LNVGY) is within striking distance, market researcher Gartner Group (NYSE: IT) reported.
Five more companies, including Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, have left the controversial American Legislative Exchange Council (ALEC) since the Feb. 26 killing of Trayvon Martin, 17, in Sanford, Fla.
Microsoft has officially announced that it will launch its next operating system, Windows 8, in late October. The release to manufacturing (RTM) edition of Windows 8 will be available in the first week of August, Microsoft CFO Tami Reller said today.
Dell (Nasdaq: DELL), the No. 3 PC maker, said it would acquire Quest Software (Nasdaq: QSFT) for $2.4 billion, topping a bid by private equity firms working with its CEO.
the inevitable became official as Davis was selected first overall.
Dell (Nasdaq: DELL), the No. 3 PC maker, seeking to battle Oracle (Nasdaq: ORCL), the No. 1 database developer, has bid as much as $2.34 billion for Quest Software (Nasdaq: QFST).