For Immediate Release
Chicago, IL – March 6, 2013 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Hewlett-Packard Company (HPQ), Google Inc. (GOOG), Microsoft Corp. (MSFT), CIBER Inc. (CBR) and The Washington Post Company (WPO).
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Here are highlights from Tuesday’s Analyst Blog:
H-P Wins Telefonica Deal
Hewlett-Packard Company (HPQ) has grabbed another telecom deal from a Brazil-based company, Telefónica Vivo. This new technology will help in the introduction of efficient mobile services to millions of subscribers.
By using this technology, the company is expecting to reduce time to market for activation of 3G mobile and 4G long-term evolution (“LTE”) users. As per the recent disclosure by the company Telefónica Vivo asked for help from HP Mobile Subscriber Activation Solution, a part of the HP Operations Support System (“OSS”) portfolio.
This user-friendly technology from HP will help Telefónica Vivo in taking an important step toward realizing its mission. Moreover, it will also help in creating a collaborative environment, which in turn will allow more people to connect quickly and with ease.
HP derives good business from the telecom sector, as a constant price and product war in this sector requires companies to use new and advanced technologies like HP OSS to gain a competitive edge. Moreover, with the introduction of super-speed connections like 3G and 4G, companies are even more aggressive in managing their operations with better technology. So, this solution is expected to find some additional takers.
This particular technology from HP would be instrumental in defining, organizing and automating Telefónica Vivo work as this support is required to configure and activate a service across platforms, manage network and application servers efficiently.
Through deal wins and by adopting diversification strategies, HP is taking aggressive measures to enhance its operations and business model. The slump in its core computing market and its cannibalization by tablets has driven this computing giant to these measures.
The new tablet (Slate 7), which is also a part of the process, will be supported by Google Inc.’s (GOOG) Android operating system. A higher-end version based on Microsoft Corp.’s (MSFT) Windows 8 operating system is already available. This tablet may strengthen the company’s foothold in the market.
Currently, HP has a Zacks Rank #2 (Buy). Investors may also consider technology stocks such as CIBER Inc. (CBR), which has a Zacks Rank #1 (Strong Buy) and is worth buying.
Washington Post Sells The Herald
The Washington Post Company (WPO) announced the completion of the divestiture of its daily and Sunday newspaper, The Herald, based in Everett, WA, La Raza, to Black Press Ltd. and its subsidiary Sound Publishing.
Bleak economic conditions, along with waning advertising demand, have been weighing upon this Zacks Rank #3 (Hold) stock’s performance, and compelled it to take the tough decision of offloading the newspaper, along with its print and online products, which it has owned since 1978.
The Washington Post Company’s newspaper division has been struggling for quite some time with revenues declining 7% to $581.7 million in 2012. Moreover, operating loss widened significantly to $53.7 million in 2012 compared with $21.2 million in 2011.
Earlier, the company had revealed its intention of shedding 2 shipping terminals in Alexandria and was seeking buyers to sell its headquarters housed in Northwest Washington. These initiatives are significant of The Washington Post Company’s efforts to shield itself from the impact of an unstable market.
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