|Bid||19.22 x 1400|
|Ask||20.00 x 2900|
|Day's Range||19.33 - 20.17|
|52 Week Range||18.46 - 27.08|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||7.42|
|Earnings Date||May 28, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||0.64 (3.17%)|
|1y Target Est||24.02|
Yahoo Finance's Adam Shapiro, Julie Hyman, and Dan Howley discuss the reports that China may be spying on U.S. tech companies through power cords and plugs.
The US has lodged fresh criminal charges against Mike Lynch, founder of British software company Autonomy, with new counts of securities fraud that could add to the 20 years of jail time he was already facing if convicted. The latest charges come as Mr Lynch prepares to fight a $5bn civil fraud suit brought by Hewlett-Packard, which claimed it was misled over its acquisition of Autonomy in 2011. The US and HP have accused Mr Lynch and other former Autonomy figures of artificially inflating the software company’s revenues and earnings.
Lynch faces a new charge of securities fraud, which carries a maximum prison term of 25 years, as well as additional charges of wire fraud and conspiracy in the 17-count indictment filed with the federal court in San Francisco. The charges were revealed ahead of Monday's scheduled start of a $5 billion civil fraud trial in London's High Court, where HP is accusing Lynch and former Autonomy Chief Financial Officer Sushovan Hussain of involvement in accounting irregularities that caused it to overpay for the company. The wire fraud and conspiracy charges were also added against Lynch's co-defendant Stephen Chamberlain, a former Autonomy vice president of finance.
Mike Lynch, once hailed as Britain's answer to Bill Gates, faces Hewlett-Packard (HP) in London's High Court on Monday in a multi-billion dollar showdown over the U.S. technology company's 2011 purchase of the Autonomy software business he founded. HP is seeking damages of around $5 billion from Lynch and his former colleague Sushovan Hussain, alleging that they inflated the value of Autonomy before selling the big data firm, whose software searches and organises unstructured information, such as telephone conversations. Autonomy was supposed to be the centrepiece of a plan to transform HP from a PC and printer maker into a software-focused enterprise services firm, a shift successfully undertaken by IBM in the previous two decades.
HP's (HPQ) innovations are expected to rev up customers' digital transformation journey, improve customer experience and boost its recurring revenues going forward.
News Highlights: Introduces game-changing PC experiences for work and lifeAnnounces breakthrough security solutions and expanded A3 and A4 portfolioDelivers powerful new.
HP customers have reported a 33% annual reduction in carbon emissions, energy consumption, and cost per device with HP’s Managed Print Services 2. The company’s line of printers supports closed-loop recycled plastics, specific products made with up to 30% closed-loop, post-consumer plastics1.
Highlights New solutions and services advance HP’s commitment to growing contractual channelsExtended Print security leadership to channel partners through new training and.
HOUSTON, March 19, 2019 -- HP Reinvent: World Partner Forum - Today at HP Reinvent, the company’s largest global partner event, HP unveiled a game-changing, grounds-up designed.
News Highlights: Introducing security as a service with HP DaaS Proactive Security ServiceInnovating for growing businesses with new HP ProBooks and HP ProDeskReimagining.
Aimed at driving partner growth in 2020 and beyond, the company shared its strategy for navigating the dramatic shifts taking place and arming partners with the inspiration, knowledge and expertise to optimize revenue, streamline costs, and future-proof their businesses. To aid partners to quickly tap into the power of social selling, HP now offers partners the option of leveraging Marketing Development Funds to contract LinkedIn Sales Navigators. With LinkedIn Sales Navigator, partners can target the right buyers, leverage key insights, and personalize outreach. Partners are encouraged to contact email@example.com for additional details.
What Q4 Global GPU Shipments Say about NVIDIA and AMD(Continued from Prior Part)2019 GPU launches of AMD and NVIDIA Advanced Micro Devices (AMD) and NVIDIA (NVDA) started 2019 with the launch of their new gaming GPUs (graphics processing unit). AMD
HP Inc NYSE:HPQView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for HPQ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HPQ. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold HPQ had net inflows of $3.90 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. HPQ credit default swap spreads are rising towards their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.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.
Highlights: New Smart Tasks, within the HP Smart App, help save time on repetitive core tasksHP Instant Ink for Business so you never run out of ink when you need it.
HP, along with key partners, is reinventing the future of women and girls everywhere by coupling powerful storytelling with education and technology. The impact of this combination is showcased in the film debuting today, “Brave Girl Rising.” The film is created by Girl Rising and the International Rescue Committee (IRC) and supported by HP.
The Zacks Analyst Blog Highlights: salesforce.com, Booking Holdings, VMware, Marriott and HP
U.S. equities are shifting lower on Wednesday as Wall Street becomes increasingly irritated with a lack of firm progress in U.S.-China trade talks. The latest chatter is that President Trump, who often uses the stock market as a barometer of his on-the-job performance, is thinking of backing a weaker trade deal in order to juice equity prices higher. He may do this rather than risk a breakdown in talks, impose new tariffs and try to extract a better agreement.Certainly, the relative performance of U.S. stocks vs. Chinese equities in recent weeks suggest traders think Beijing has the leverage right now. The S&P 500 has stalled near the 2,800 level, while the Shanghai Composite has soared.With doubts creeping in, a number of more speculative tech stocks are starting to feel the heat. Tesla (NASDAQ:TSLA) is chief among them, amid a weak reception from another announced price cut to the Model 3, a decision to close nearly all physical stores and increased competition from Chinese competitors like Nio (NYSE:NIO).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Small-Cap Stocks That Look Like Bargains Here's a deeper look at TSLA stock, along with three other tech stocks to sell now: Tesla (TSLA)TSLA stock is falling out of a four-month consolidation range, testing lows not seen since October. This marks a drop of more than 25% from its December highs. Headlines have been brutal lately, from CEO Elon Musk tussling with the Securities and Exchange Commission again over his tweets to reports China has suspended Model 3 customs for improper labeling. The next big catalyst will be the Model Y compact SUV unveiling scheduled for Mar. 14. The fear is that the vehicle will cannibalize sales of the Model 3.The company will next report results on May 1 after the close. Analysts are looking at a loss of 36 cents per share on revenues of $7.3 billion. When the company last reported on Jan. 30, earnings of $1.93 missed estimates by 9 cents per share on a 119.8% rise in revenues. Twitter (TWTR)Twitter (NYSE:TWTR) shares remain relegated to a long trading range going back to late July, where TWTR stock is unable to decisively break up and over its 200-day moving average. Accusations of political bias continue to linger, with company CEO Jack Dorsey appearing on the popular Joe Rogan podcast where he was forced to defend the company's actions in a multi-hour interview. * 10 Hot Stocks to Buy Right Now The company will next report results on May 9 before the bell. Analysts are looking for earnings of 5 cents per share on revenues of $773.3 million. When the company last reported on Feb. 7, earnings of 31 cents per share beat estimates by 7 cents on a 24.2% rise in revenues. HP Inc. (HPQ)HP Inc. (NYSE:HPQ) shares have been slaughtered in recent weeks, suffering a 20% decline from their late February high after the company reported earnings. The dip fully reversed the December-February rally in HPQ stock. Investors seemed to be concerned about flat printing revenue and a downgrade from Bank of America Merrill Lynch analysts.The company will next report results on May 29 after the close. Analysts are looking for earnings of 51 cents per share on revenues of just over $14 billion. When the company last reported on Feb. 27, earnings of 52 cents per share matched estimates on a 1.3% rise in revenues. Fitbit (FIT)Fitbit (NYSE:FIT) shares are threatening to fall through their 200-day moving average, down more than 14% from their recent highs. FIT stock has been unable to cross above the uptrend channel resistance that has been in play since last summer. Analysts at Wedbush recently downgraded shares as it continues to struggle amid the dominance of Apple (NASDAQ:AAPL) and its Apple Watch. * 7 Dow Jones Stocks to Buy The company will next report results on May 29 after the close. Analysts are looking for a loss of 29 cents per share. When the company last reported on Feb. 27 earnings of 14 cents per share beat estimates by 7 cents on a 0.1% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post Tesla and 3 Other Tech Stocks to Sell appeared first on InvestorPlace.