|Bid||0.00 x 3200|
|Ask||0.00 x 1800|
|Day's Range||12.87 - 13.06|
|52 Week Range||12.09 - 17.59|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||64.06|
|Forward Dividend & Yield||0.45 (3.43%)|
|1y Target Est||N/A|
Citi analyst Jim Suva cut his estimates on HP, Hewlett Packard Enterprise, and Dell, citing “a more difficult macro backdrop” for enterprise hardware spending.
HP Enterprise (HPE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of DXC Technology Co. rallied 4.8% in afternoon trading Monday, after the technology consulting company said it won a $666 million award in its dispute with Hewlett Packard Enterprise Co. . Under terms of the award by an arbitration panel, the $666 million will consist of $631.8 million in damages and $34.3 million in pre-award interest. In addition, the award includes post-award interest at an annual rate of 3%, compounding quarterly, until the award is paid out. Meanwhile, Hewlett Packard Enterprise shares (HPE) rose 2.4%. DXC shares have plunged 40.9% over the past three months and HPE's stock has declined 10.3%, while the SPDR Technology Select Sector ETF has rallied 5.6% and the S&P 500 has tacked on 2.4%.
Cloud networking is the fastest-growing segment in the wireless industry, Extreme CEO Ed Meyercord told the Business Journal on Wednesday, and the San Jose company didn’t have the technology to keep pace before it acquired Aerohive.
The contract is significant as the company prepares to be acquired by HPE, a deal Cray's CEO was hesitant to make.
Moody's Investors Service ("Moody's") downgraded Unisys Corp.'s ("Unisys") Speculative Grade Liquidity ("SGL") rating to SGL-3 from SGL-2, changed the outlook to negative, and affirmed other ratings, including the B2 Corporate Family Rating ("CFR"), B1 senior secured rating, and B3 senior unsecured rating. This rating action follows Unisys's announcement of the partial repayment of $129.3 million principal amount of the 5.5% Convertible Senior Notes due March 2021 ("Convertibles") for consideration consisting of cash and newly issued shares.
Hewlett Packard Enterprise announced Monday that it had acquired the business assets of Santa Clara-based MapR, one of several Big Data companies that have struggled since raising large investments several years ago.
(HPE) is acquiring the “business assets” of MapR, a once-promising artificial intelligence and analytics startup. HPE (ticker: HPE) said Monday that the transaction includes MapR’s “technology, intellectual property and domain expertise” in AI and machine learning. The company said it plans to support existing deployments of MapR’s software along with ongoing renewals.
Hewlett Packard Enterprise (HPE) stock fell 6.15% on Friday amid fears that President Trump’s trade war with China could hurt its business.
"The ratings affirmation reflects continued strong operating performance and robust liquidity at Mphasis Limited, Marble II's 52.3% owned operating entity and its only investment," says Sweta Patodia, a Moody's Analyst. Mphasis' performance remains in line with Moody's expectation with revenue growth of around 20% and EBITA margins of around 17% for the 12 months ended June 2019. Apart from currency impact, the growth has mainly been driven by new deal wins within the 'Direct International' customer segment that remains the largest contributor to Mphasis' revenues.
Four years after the old HP was split up, the PC and printing business is trying to shed its legacy with some big new ideas
A recent survey of tech professionals from around the world reveals a higher percentage of Bay Area women feel their voice is heard at meetings and their voices aren’t subdued.
Cray plans to combine with the HPE team responsible for high-performance computing and artificial intelligence into a business unit led by current Cray CEO Peter Ungaro.
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Xilinx (NASDAQ: XLNX) is a semiconductor company that has stayed competitive and thrived in this rough-and-tumble sector since 1984.That's a long time to remain a player in such a dynamic space, especially with big players ready to snap you up or destroy you at any opportunity. It's a testament to the company's leadership and vision that it has been able not only to survive but compete.Today, its client list hosts many big names in a variety of industries.InvestorPlace - Stock Market News, Stock Advice & Trading TipsXLNX started the year strong and nearly doubled its July 2018 price by May. But then the next round of the Chinese trade war happened. That took tech stocks down sharply. * 7 Stocks to Sell This Summer Earnings Season Wall Street doesn't like uncertainty. Not knowing they could sell chips to Chinese firms like Huawei and others created a lot of uncertainty. What's more, these are growth stocks. When one of the largest markets in the world is taken off your business list, it has significant implications.Planning around something like that is difficult. It's like rigging a ship for a hurricane but not knowing if the storm is going to be a glancing blow or a direct hit. Your contingency plans will slow you down regardless of the outcome.So, the market adjusted its expectations. And by June, it looked to be clear sailing, at least for a little while, as the Trump administration allowed some chip sales to China and both countries went back to the negotiating table.That doesn't mean there's no threat, but the sector is back under full sail. XLNX Stock Back on Path of GrowthFor XLNX in particular, this has helped revive its performance. In the past year, the XLNX stock is up 86%; year-to-date the stock is up 50%. What's more, the trailing PE on the stock is sitting around 36, so it's not even fully valued here, giving it plenty of headroom.And given the fact that it could be back on its growth path soon, that growth could come fast, especially as other sectors begin to tire in this environment.Moving forward, XLNX is a key player in very high-growth, strategically oriented sectors.In telecom, XLNX is key supplier Apple (AAPL) and there is a lot of buzz that its new generation of iPhones may revive its tiring line.In the data center world - cloud computing, big data, data warehouses, etc. - its strength with Hewlett Packard (HPQ), HP Enterprise (HPE) and Cisco Systems (CSCO) means it will be at the center of this massive and ongoing trend. This potential market is supposed to triple in the next three years or so.It's also a big player in the smart car space, with chip designs focused on driver assist systems. The concept is more complex than it sounds. But suffice it to say that in a connected world where XLNX chips are in the cars and in data centers, the leverage will be a compelling selling point to major smart car infrastructure firms.XLNX stock gets an A rating from my Portfolio Grader.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 5G Stocks to Connect Your Portfolio To * 7 Stocks to Sell This Summer Earnings Season * 6 Upcoming IPOs for July The post Look for More Upside in Xilinx Stock appeared first on InvestorPlace.
We take a look at some Chinese ETFs in the wake of increasing number of U.S. manufacturers relocating their production units to other Southeast Asian countries.
Hewlett Packard Enterprise Co NYSE:HPEView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for HPE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding HPE are favorable, with net inflows of $7.11 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
As Wall Street gets ready to see how tech companies fared in the second quarter, the mantra about a ‘better second half’ is likely going to be a refrain in company conference calls