|Bid||144.82 x 900|
|Ask||144.59 x 900|
|Day's Range||143.13 - 145.05|
|52 Week Range||120.89 - 171.78|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||60.21|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||151.75|
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Gartner, Inc. , the world’s leading research and advisory company, will report its financial results for third quarter 2019 before the market opens on Thursday, October 31, 2019.
Huawei appears to be weathering US sanctions after posting steady growth in sales and in new contracts for its 5G mobile technology, but the Chinese telecoms group still faces the challenge of selling ...
Though CPU shortages are still an issue for the PC industry, an uptick in business PC demand is helping out a number of firms.
(Bloomberg) -- U.S. antitrust enforcers have started an in-depth review of Google’s $2.6 billion planned acquisition of a data analytics company, a further sign of greater scrutiny on big technology companies, according to people familiar with the situation.The antitrust division of the Justice Department is seeking more information from Google and Looker Data Sciences Inc. related to the deal to determine whether the tie-up harms competition, said one of the people, who asked not to be named discussing private matters.Alphabet Inc.’s Google announced June 6 it planned to buy Looker for its cloud unit, which lags far behind Amazon.com Inc. and Microsoft Corp. with just 4% of the cloud-computing infrastructure market as of 2018, according to the most-recent figures from analyst Gartner Inc.The deal was expected to receive added regulatory scrutiny. The in-depth Justice Department review, known as a “second request,” comes as antitrust authorities start historic probes of Google and other large tech companies. One issue for enforcers is whether tech giants have used acquisitions of smaller firms to thwart rivals and cement their dominance. The U.S. Federal Trade Commission, which also enforces antitrust laws, is investigating whether Facebook Inc.’s purchases of Instagram and WhatsApp were anti-competitive.Representatives from Google, Looker and the Justice Department declined to comment.The Justice Department and a coalition of attorneys general made up of most U.S. states in the country have opened antitrust cases against Google. Those probes are mostly focused on the company’s dominant search and advertising businesses.Looker, closely held and based in Santa Cruz, California, provides tools that lets companies analyze their data stored in the cloud, a service that competes with offerings from Amazon and Microsoft. When Google announced the deal, its cloud chief, Thomas Kurian, said the company would continue to let Looker customers use other cloud providers. Google doesn’t share cloud sales.Google once spent lavishly on companies, dropping billions on device makers Motorola and Nest, as well as experimental tech like satellites and robots. More recently, the company’s acquisitions have mostly been relatively small deals in the cloud sector.It’s common for antitrust authorities to open in-depth investigations for sizable mergers, but more recently have faced criticism for allowing large tech companies to buy startups as a way to gain footholds in new markets. That charge has been aimed at Google after its takeovers of Waze, DoubleClick and YouTube. The Justice Department in July announced a broad antitrust review of the big internet platforms in search, social media and online retail.To contact the reporters on this story: Mark Bergen in San Francisco at email@example.com;Sarah McBride in San Francisco at firstname.lastname@example.org;David McLaughlin in Washington at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, ;Sara Forden at email@example.com, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Global PC shipments grow for a second quarter in a row, even as the industry struggled with supply issues, according to trade research data Thursday.
(Bloomberg) -- Worldwide shipments of personal computers increased 1.1% in the third quarter from a year earlier, fueled by companies upgrading to Microsoft Corp.’s latest Windows software.PC shipments climbed to 68 million units in the period that ended Sept. 30, researcher Gartner Inc. said Thursday in a report. Lenovo Group Ltd., the China-based owner of the ThinkPad lineup of professional devices, held almost 25% of the global market, widening its lead against U.S. rival HP Inc.Computer makers have been concerned by the U.S.-China trade war and Intel Corp.’s chip shortage, but Mikako Kitagawa, a Gartner analyst, said neither played a major role in the third-quarter shipments. “The Windows 10 refresh cycle continued to be the primary driver for growth across all regions,” she said in a statement.HP, the global No. 2, continues to be the largest PC vendor in the U.S. The company has sought customers seeking more expensive machines, such as gaming enthusiasts, to boost profit margins. Dell Technologies Inc., which focuses on selling corporate PCs, rounded out the global top three while Apple Inc. held the fourth spot with 7.5% of the worldwide market.To contact the reporter on this story: Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Andrew Pollack, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Fear not, for the Trough soon gives way to the “Slope of Enlightenment” and the sunlit uplands of the “Plateau of Productivity”
Finance departments can save their teams from 25,000 hours of avoidable rework caused by human errors by deploying robotic process automation (RPA) in their financial reporting processes, according to Gartner, Inc. Currently, fewer than one-third of finance departments that have deployed RPA have utilized the technology for financial reporting, leaving major efficiency gains on the table.
Blockchain for lead generation has reached the Innovation Trigger* in Gartner’s 2019 Hype Cycle for CRM Sales Technology. According to Gartner, Inc., the technology offers sales organizations the ability to provide users with the most current and highest-quality leads via the exchange of personal and/or business information based on crowdsourcing data collection methods.
Marketing budgets have shifted downwards, dropping from 11.2% of overall company revenue in 2018 to 10.5% in 2019, according to a survey of chief marketing officers (CMOs) by Gartner, Inc. Findings from Gartner’s CMO Spend Survey 2019-2020 report reveal this is the first time since 2014 that marketing budgets have dropped below 11%. “In the face of perplexing external and internal environmental signals, CMOs remain confident about economic and budgetary outlooks, with almost two-thirds (61%) of CMOs expecting their budgets to rebound in 2020,” said Ewan McIntyre, vice president analyst in Gartner’s Marketing practice.
More than 53% of U.S. workers signified that they intend to stay with their current employer in 2Q19, according to Gartner, Inc. This represents a 10% increase from 1Q19 to 2Q19 and the first time ever that a majority of the U.S. workforce has reported an intent to stay in-seat — well above the global average of nearly 40%. The latest data from Gartner’s 2Q19 Global Talent Monitor report showed that this record-high intent to stay coincides with other workplace indicators that reflect definitive changes in employees’ perceptions of and behaviors within the U.S. labor market.
Pharmaceutical Brands Face Disruptions From Private Label Brands With Over-the-Counter Products Including Amazon’s Basic Care Products
Employee confidence in the business environment continues to hemorrhage, decreasing 6.2% from an index score of 47.6 in 1Q19 to 44.6 in 2Q19, according to Gartner, Inc. This time frame has seen a period of unprecedented economic and political uncertainty, including the extension of the Brexit withdrawal process beyond the original exit date of 31 March 2019, and the election of Boris Johnson to the role of Prime Minister. Employee confidence in near-term business conditions and long-term economic prospects in the U.K. sits seven percentage points below the international index average at 44.6% and 51.6%, respectively.
Only 9% of customers report resolving their issues completely via self-service, according to Gartner, Inc. Many companies create more channels for customer service, but this creates complex customer resolution journeys, as customers switch frequently between channels. “The idea behind providing customers with more channels in order to give them what they ‘want’ and in an attempt to offer more choice in their service experience sounds like a great idea, but in fact, it has unintentionally made things worse for customers,” said Rick DeLisi, vice president in Gartner’s Customer Service & Support practice. “This approach of ‘more and better channels’ isn’t living up to the promise of reduced live call volume and is only leading to more complex and costly customer interactions to manage.
Sourcing and attracting the right talent is the top talent concern of CEOs, yet 62% of surveyed chief human resources officers (CHROs) report that their organization’s talent attraction strategy is not aligned with their future workforce needs, according to Gartner, Inc. “Talent is often the differentiator between the organizations that thrive and those that struggle,” said James Atkinson, vice president in the Gartner HR practice.
Overwhelmed B2B buyers face a crisis of confidence as they increasingly struggle to make large-scale purchase decisions, according to Gartner, Inc. Research findings revealed to more than 800 chief sales officers (CSOs) and other sales leaders at the Gartner CSO & Sales Leader Conference keynote in Las Vegas today indicate that the root cause of customers’ struggle has little to do with how they perceive suppliers’ offerings. “The single biggest sales challenge today is, in fact, customers’ confidence, but it’s confidence with a twist,” said Brent Adamson, distinguished vice president in Gartner’s Sales practice.
When B2B buyers feel confident about their ability to navigate a buying decision they are 2.6 times more likely on average to expand an existing relationship than those who lack confidence, according to Gartner, Inc. However, most marketing organizations focus their growth strategies on growing customer satisfaction and do little to build customer confidence in themselves and their ability to make the right decisions. “Marketing leaders report their teams now play a direct role in pursuing more than half of all leads associated with expanding business inside existing accounts,” said Martha Mathers, managing vice president in Gartner’s Marketing practice. In a study of more than 1,000 B2B customers, Gartner found that typical growth strategies rooted in customer satisfaction or motivating customers to change have little impact on whether or not customers will buy more from a supplier.
More than half of business leaders have difficulty attracting potential candidates with the exact skill sets required by hiring managers today than five years ago, according to Gartner Inc. Today’s hypercompetitive labor market — where 90% of S&P 100 companies in 2018 were competing for talent to fill the same 39 roles — continues to strain HR leaders’ talent sourcing efforts for hard-to-fill roles. Gartner analysts are discussing best practices for talent sourcing and the role of HR in reimagining the future of work to drive performance across the organization in front of more than 500 chief human resource officers (CHROs) and senior HR executives at the Gartner ReimagineHR conference, which is taking place here through today. “In addition to the competitive nature of today’s labor market, factors such as future career opportunity, work-life balance and job location can make roles harder to fill,” said Alexia Cambon, senior principal in the Gartner HR practice.
In today’s increasingly digital work environment, more than half of leaders report the digital talent gap is widening at their organizations, according to Gartner, Inc. Only 29% of functional leaders believe they have the talent they need to meet current performance requirements. Gartner analysts are discussing talent issues and the role of HR in reimagining the future of work to drive performance across the organization in front of more than 500 chief human resource officers (CHROs) and senior HR executives at the Gartner ReimagineHR conference, which is taking place here yesterday and today. “As organizations increasingly digitalize every facet of their operations, they are facing incredible difficulty accessing the right talent,” said Leah Johnson, vice president in the Gartner HR practice.
In today’s rapidly evolving labor market, 45% of managers don’t feel confident in their ability to develop the skills employees need today, according to Gartner, Inc. In addition to a lack of confidence, Gartner research also found that managers lack time to coach their direct reports, with managers spending on average 9% of their time on developing their direct reports. Gartner analysts are discussing employee development and the role of HR in reimagining the future of work to drive performance across the organization in front of more than 500 chief human resources officers (CHROs) and senior HR executives at the Gartner ReimagineHR conference, which is taking place here through Thursday.
New-to-role CFOs who develop a strategic approach to relationship building and stakeholder management are up to 50% more likely to experience a successful transition, according to Gartner, Inc. Gartner research has found a correlation between strong market performance and a higher number of CFO exit events, primarily through retirements. Additional Gartner research has found that 50% of new leaders underperform in their roles.