|Bid||47.05 x 800|
|Ask||47.06 x 3000|
|Day's Range||45.81 - 47.12|
|52 Week Range||37.35 - 49.47|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||179.16|
|Earnings Date||Feb 13, 2019|
|Forward Dividend & Yield||1.32 (2.84%)|
|1y Target Est||51.85|
Stocks pared losses after enduring a rollercoaster session ignited after the arrest of a Chinese telecommunications company executive muddled prospects of a U.S.-China trade resolution.
The United States and China have agreed to suspend hitting each other with new trade tariffs for 90 days. For Apple (AAPL) and its investors, the United States and China reaching a trade war truce should be good news. Just days before the ceasefire was announced after the G20 summit meeting in Argentina, President Donald Trump had discussed in an interview with the Wall Street Journal a plan to expand tariffs on Chinese-made goods to include products such as cell phones and laptops.
Cyber Daily: Chronicle CEO Gillett on Hacking in the ER; Our Conference Preview Cyber Daily: Chronicle CEO Gillett on Hacking in the ER; Our Conference Preview By Kim S. Nash Good day. Security Turning Point is our occasional series in which we talk to business leaders about key moments that have influenced their approach to cybersecurity.
A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]
After Huawei Technologies Co. Chief Financial Officer Meng Wanzhou was arrested in Canada at the behest of the U.S., there were signs that U.S. companies were starting to reconsider sending executives to China for fear of retaliation. Unconfirmed social media reports said that Cisco Systems Inc. is restricting non-essential travel by U.S.-based employees into China. The San Jose, California-based maker of computer networking gear told Bloomberg that “an email was sent in error to some employees regarding travel to China and does not reflect Cisco policy.
When Lululemon Athletica reported third quarter earnings after the close on Thursday, the market reaction was less than stellar. The athletic apparel retailer immediately dropped by $10, and then fell further in after-hours trading.
Of the 23 analysts covering Hewlett Packard Enterprise (HPE), seven recommend “buy,” 15 recommend “hold,” and only one recommends “sell.” Their average target price is $18.32, and their median price is $18. HPE was trading at $15.05 on December 4, a 16.4% discount to analysts’ median target.
In 2015, Hewlett Packard Company was split into HP (HPQ) and Hewlett Packard Enterprise (HPE). HPE has been consistently rewarding shareholders with cash dividends and share buyback programs. In fiscal 2018, the company returned 39% more share repurchases and dividends (~$4.1 billion) than capital ($3 billion) to shareholders. It returned around $3 billion in fiscal 2017 and $3.1 billion in fiscal 2016 to shareholders. In fiscal 2019, the company expects to reward shareholders with $2.9 billion in dividends and share repurchases, bringing its total payout to $13 billion over four years.
The Nasdaq swung from a sharp early loss to a decline of around 0.5%. Yet stocks fell broadly in the afternoon. Apple is in a true correction.
Snap (NYSE:SNAP) is never a stock I’ve liked very much on the long side. Snap has solid revenue growth, but also bleeds too much money. Snap is down more than 50% so far in 2018 and at some point, it will likely bottom.
Hewlett Packard Enterprise’s (HPE) revenue of $7.95 billion beat analysts’ estimate of $7.84 billion in the fourth quarter of fiscal 2018, and increased sequentially for a second consecutive quarter. It reported revenue of $7.76 billion in the third quarter of fiscal 2018, $7.5 billion in the second quarter, and $7.7 billion in fiscal 2018’s first quarter and fiscal 2017’s fourth quarter.
Hewlett Packard Enterprise’s (HPE) earnings have improved sequentially for the past six quarters, and have beaten analysts’ estimates in the past five quarters. Its non-GAAP EPS of $0.45 in the fourth quarter of fiscal 2018 beat analysts’ consensus estimate of $0.43. Its EPS of $0.44 in the third quarter beat analysts’ estimate of $0.37. Its EPS of $0.34 in the second quarter beat analysts’ estimate of $0.31. Its EPS of $0.34 in the first quarter beat analysts’ estimate of $0.22. Its EPS of $0.31 in the fourth quarter of fiscal 2017 beat analysts’ estimate of $0.28.
Hewlett Packard Enterprise (HPE) paid dividends worth $200 million and repurchased shares amounting to $1 billion. In fiscal 2018, the company paid dividends of $600 million in fiscal 2018, while its share repurchases stood at $3.5 billion.
SAN JOSE, Calif., Dec. 06, 2018 -- Cisco (NASDAQ: CSCO) will broadcast its 2018 Annual Meeting of Shareholders on Wednesday, December 12, 2018, beginning at 10:00 a.m. PST..
Huawei’s unrelenting rise to global dominance in the telecoms equipment market has presented the Chinese company with many challenges — including persuading consumers to pronounce its name “wah-way”, not “who-are-we”. , the company’s chief financial officer, on Saturday has sent shockwaves through the ranks of the telecoms group, where insiders see the move as a personal attack on Ren Zhengfei, the company’s founder and Ms Meng’s father. Mr Ren founded Huawei in 1987, working out of his flat in Shenzhen and selling landline equipment imported from Hong Kong to mainland China.
Meng Wanzhou, Huawei’s chief financial officer, has long been seen as a potential successor to her father, Ren Zhengfei, the former army officer who founded the Chinese telecoms supplier in 1987. Huawei has described Mr Ren’s story as a classic “rags to riches” tale. After his unit was disbanded, he set up Huawei with about $3,000.
For example, this year the Amazon Business segment is at an annual run-rate of $10 billion. In a recent employee meeting, he said: “Amazon is not too big to fail … In fact, I predict one day Amazon will fail. Amazon will go bankrupt.
SAN JOSE, Calif., Dec. 05, 2018 -- Cisco (NASDAQ: CSCO) announced that earlier today its Board of Directors declared a quarterly dividend of $0.33 per common share to be paid.