|Bid||35.21 x 800|
|Ask||35.21 x 800|
|Day's Range||35.17 - 35.37|
|52 Week Range||18.76 - 36.64|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.67|
NEW YORK, NY / ACCESSWIRE / May 23, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Cray Inc. ("Cray" or "the Company") ...
With HPE set to report its quarterly financial results on Thursday, let's see if investors should consider buying HP Enterprise stock.
NEW YORK, May 21, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
BALA CYNWYD, PA / ACCESSWIRE / May 20, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Cray Inc. ("Cray" or "the ...
"I would be lying to you if I said that this was not an emotionally difficult decision," Cray CEO Peter Ungaro wrote in a letter to employees after the company announced plans to be acquired by HPE for $1.3 billion.
NEW YORK, NY / ACCESSWIRE / May 20, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Cray Inc. ("Cray" or "the Company") ...
NEW YORK, NY / ACCESSWIRE / May 19, 2019 / Juan Monteverde , founder and managing partner at Monteverde& Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
NEW YORK, May 17, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Cray Inc. ("Cray" or the "Company") (CRAY) in connection with the proposed acquisition of the Company by the Hewlett Packard Enterprise Company.
Stocks that moved substantially or traded heavily on Friday: Deere & Co., down $11.17 to $134.82 The farm equipment maker's quarterly profit missed expectations amid weakness in the agriculture sector. ...
NEW YORK, May 17, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Cray Inc. (NASDAQ: CRAY) on behalf of Cray.
CRAY stock is soaring on Friday following news that the company is being acquired by Hewlett Packard Enterprise (NYSE:HPE).Source: Cray The deal will have Hewlett Packard Enterprise acquiring Cray (NASDAQ:CRAY) for a total of $1.30 billion. This will have the company purchasing shares of CRAY stock for $35 each. The company will be paying for the stock with cash.The price of $35 per share is a pretty premium for investors in CRAY stock. The company was trading at $29.81 when the markets closed on Thursday. This has the offer from Hewlett Packard Enterprise sitting at roughly 17% above that price.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHewlett Packard Enterprise says that it is expecting the deal to be accretive to its non-GAAP operating profit and earnings in the first full year following the close. It is also expecting one-time integration costs to be absorbed into its free cash flow outlook of between $1.90 billion and $2.10 billion for fiscal 2020."This is an amazing opportunity to bring together Cray's leading-edge technology and HPE's wide reach and deep product portfolio, providing customers of all sizes with integrated solutions and unique supercomputing technology to address the full spectrum of their data-intensive needs," Peter Ungaro, President and CEO of Cray, said in a statement. * 6 Chinese Stocks That Could Pop On a Trade Deal Hewlett Packard Enterprise and Cray are expecting the deal to close during HPE's first fiscal quarter of 2020. The deal will first need to complete customary closing conditions and get approval from regulators and shareholders before this can happen.CRAY stock was up 19% and HPE stock was up 1% as of Friday afternoon. CRAY stock is also up 37% and HPE is up 7% since the start of the year. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post CRAY Stock Soars on Acquisition by Hewlett Packard Enterprise appeared first on InvestorPlace.
NEW YORK, May 17, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating Cray Inc. (NASDAQ: CRAY), EMC Insurance Group Inc. (NASDAQ: EMCI),.
NEW YORK , May 17, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Cray Inc. (NASDAQ: CRAY) and its board of directors for breach of fiduciary duty concerning the proposed ...
The $35 per share value represents a premium of 17.4% to Cray's last close. HPE said it expects the deal to increase its footprint in federal business and academia, and sell supercomputing products to its commercial clients. The deal, expected to close by the first quarter of HPE's fiscal year 2020, will add to its adjusted operating profit in the first full year after closing.
In a statement, HPE confirmed the companies have entered into a definitive agreement under which HPE will acquire Cray for $35 a share in cash. As part of the transaction, HPE expects to incur one-time integration costs that will be absorbed within HPE's 2020 fiscal-year free cash flow outlook of $1.9 billion to $2.1 billion, which remains unchanged.
Hewlett Packard (HPE), in order to strengthen foothold in HPC and enterprise class server and storage markets, is contemplating an agreement to acquire Cray.
Hewlett-Packard Enterprise Co. is buying supercomputer designer Cray Inc. for $1.3 billion in cash, the two companies said today. Shares of Seattle-based Cray jumped nearly 16 percent at the opening bell on the news. “Answers to some of society’s most pressing challenges are buried in massive amounts of data,” HPE CEO Antonio Neri said in a statement.
NEW YORK, May 17, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Cray Inc. (“Cray” or the “Company”).
Cray investors will get $35 a share in cash, the companies said in a statement on Friday, confirming an earlier Bloomberg report. Cray jumped 17% to $34.89 at 9:49 a.m. in New York trading after earlier touching $34.96, the biggest intraday gain in a year. Palo Alto-based HP Enterprise gained about 2% to $14.82.
SAN DIEGO , May 17, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Cray Inc. (NASDAQ: CRAY) breached their fiduciary ...