LivingSocial Moves Closer to $1 Billion IPO
It’s not quite official yet, but CNBC is reporting that Living Social has selected its lead underwriters for an IPO. Among the most likely are J.P. Morgan, Bank of America and Deutsche Bank. The...
View ArticleIBM Reports Earnings Today: Here's What to Expect
IBM will report its fiscal second-quarter earnings today, after the close of trading on the New York Stock Exchange. It will be the first time it reports results as a century-old company, and while its...
View ArticleApple Leads Notebook Market (If You Consider the iPad a Notebook)
With the iPad, Apple is dominating the tablet market and — depending of what sort of device you consider it to be — the notebook market as well. Among the top notebook vendors — Acer, ASUS, Dell, HP...
View ArticleThe Pressure's on Hewlett-Packard as It Reports Earnings Today
The pressure is certainly on Hewlett-Packard and its still new-ish CEO Léo Apotheker, as the world’s biggest manufacturer of personal computers reports quarterly earnings today. HP shares have been...
View ArticleApple Prioritizing Own Stores With iPhone Supply
Demand for Apple’s new iPhone 4S appears to be unwavering both at home and abroad. When the device became available for preorder last Friday in Hong Kong, it sold out within 10 minutes. And in the...
View ArticleDeutsche Bank: Expect Soft Sales From Dell
Dell will report its quarterly results today after the close of markets. Chris Whitmore, an analyst with Deutsche Bank Securities, expects sales to be weak. The company’s troubles aren’t anything you...
View ArticleDespite Hard Drive Shortage, Expect Few Surprises From Intel
Sales of PCs and servers fell during the last few months of 2011, mainly because there weren’t enough hard drives to go around, as a result of the flooding situation in Thailand. This fact caused...
View ArticleIBM Looks Steady Despite Euro Zone Headwinds
Making up the second part of a big day in tech earnings that will set the tone for the coming weeks, computing and technology services giant IBM will report results after the close of markets in New...
View ArticleResults From HP and Dell May Be Pretty Good After All
Probably the last thing you’d expect from Hewlett-Packard and Dell right now is a set of positive quarterly results, but that’s exactly what Deutsche Bank analyst Chris Whitmore is expecting from the...
View ArticleDowngrades Aplenty for Dell After Earnings Miss
A day after Dell reported quarterly earnings that fell 18 percent, analysts are slashing their ratings on its stock today, which opened lower by nearly 7 percent as markets opened in New York. Dell’s...
View ArticleFacebook IPO: Facebook Loves Wall Street
Facebook is doing some poking on Wall Street. The social networking giant has just added five more lead investment banks to its IPO from the original six, according to an updated filing. On top of...
View ArticleIntel's Romley Chip Is Good News for Storage Players EMC and NetApp
Remember how, last week, after a survey of 100 CIOs, the investment bank J.P. Morgan concluded that while IT spending is trending up, Intel’s new Xeon server chip known best by its code name Romley...
View ArticleHow Is the Itanium Lawsuit Hurting HP? Let Us Count the Billions of Ways.
Every so often, I’ve been known to describe the Itanium lawsuit pitting Hewlett-Packard against Oracle as a very big fight over a very obscure chip. It’s not necessarily inaccurate, but it tends to...
View ArticleHP Brings Curtain Down on Annus Horribilis Fiscal 2012
Last week, Hewlett-Packard stock traded below $13 a share. Closing Friday at $12.85, the shares finished the week at their lowest level since the fall of 2002. On Monday, the stock recovered by more...
View ArticleCan the Hedge Fund Dudes Save Groupon's Stock?
Here’s something you haven’t seen in a while — Groupon shares rose more than 36 percent last week after Chase Coleman’s Tiger Global Management disclosed Monday that it had bought 65 million shares....
View ArticleA Look at Two Dell Buyout Scenarios
If the reported talks to take Dell private are indeed serious, it would amount to one of the biggest leveraged buyout deals since before the financial crisis of 2008. It would also be risky for those...
View ArticleIBM Has Challenges, but Still Looks Solid Going Into Q4 Earnings Report
Computing giant IBM will report earnings for the fourth quarter of 2012 and the full year today, after the close of markets in New York. Analysts expect Big Blue to report per-share earnings of $5.25...
View ArticleHP Earnings Better Than Feared, but Still Not Great
Shares of Hewlett-Packard are rising by more than 5 percent in premarket trading this morning, following Thursday’s quarterly earnings report that blew right past the consensus. But HP is by no means...
View ArticleEyes on IBM Results Amid Slowing in Enterprise Tech Spending
Computing and IT services giant IBM will report earnings today after markets close for trading in New York. As usual, its results and guidance will be seen as a key indicator of the state of tech...
View ArticleIBM's First Earnings Miss in Eight Years Is Red Flag for the Rest of the IT...
It’s a rare thing for the computing and tech services giant IBM to miss the consensus expectation when it reports quarterly earnings. If Big Blue can’t hit its numbers, the thinking goes, it’s probably...
View ArticleApple's Record Plunge Into Debt Pool
Apple Inc. sold the largest corporate-bond deal in history Tuesday, a $17 billion offering investors hungrily gobbled up. Goldman Sachs Group Inc. and Deutsche Bank AG sold the debt for Apple to...
View ArticleHow Far Will Dell Shares Fall if the Buyout Proposal Fails?
If all goes as expected, shareholders of struggling computer company Dell will on Wednesday finally have a chance to vote on the $24.4 billion leveraged buyout proposed by CEO Michael Dell and private...
View ArticleHP Is Swimming Upstream as Turnaround Efforts Falter
Shares of the computing giant Hewlett-Packard opened lower by more than nine percent this morning after the company reported third-quarter earnings that fell short of consensus expectations, and as CEO...
View ArticleTime Warner Cable's Suitors Lining Up Funds for Bid
Charter Communications Inc. is nearing an agreement with banks to borrow money for a bid for Time Warner Cable Inc., according to people familiar with the situation — a sign that the scrappy cable...
View ArticleTwitter Shares Draw Lukewarm Ratings From Underwriters
The underwriters for Twitter Inc.’s initial public offering aren’t chirping about prospects for gains in the stock. As the five lead underwriters for the social-media company’s IPO rolled out their...
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