Unnamed: 0
stringlengths 3
8
| Date
stringlengths 23
23
| Article_title
stringlengths 1
250
| Stock_symbol
stringlengths 1
5
| Url
stringlengths 44
135
| Publisher
stringclasses 1
value | Author
stringclasses 1
value | Article
stringlengths 1
343k
| Lsa_summary
stringlengths 3
53.9k
| Luhn_summary
stringlengths 1
53.9k
| Textrank_summary
stringlengths 1
53.9k
| Lexrank_summary
stringlengths 1
53.9k
| uuid
stringlengths 36
36
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
726800.0
|
2012-02-21 00:00:00 UTC
|
DJIA Headed Higher on Greek Bailout Measures; Retail Earnings in Focus
|
DELL
|
https://www.nasdaq.com/articles/djia-headed-higher-greek-bailout-measures-retail-earnings-focus-2012-02-21
|
nan
|
nan
|
With no notable economic reports on tap for today, Wall Street is turning their attention across the pond, as euro-zone finance leaders have finally hashed out a plan to give debt-ridden Greece much-needed fiscal support. Specifically, Greece will be provided with approximately 130 billion euros, or $172.1 billion, of financial aid through 2014. In addition, private investors have agreed to write down around 53% of their holdings in Greek debt, more than the initial 50% previously forecast. On the home front, retail earnings season kicks off this week, with big names such as Home Depot (HD ) and Wal-Mart Stores (WMT ) taking their turn in the confessional. Against this backdrop, all three major market indexes are set to continue last week's trek higher .
In earnings news, The Home Depot, Inc. (HD - 46.71) said its fourth-quarter earnings arrived at $774 million, or 50 cents per share, a 32% year-over-year increase from $587 million, or 36 cents per share. Sales jumped 5.9% to $16.01 billion, boosted by a 5.7% improvement in same-store sales. The results came in better than expected, as analysts were calling for a per-share profit of 42 cents on $15.51 billion in revenue. Looking ahead, HD is projecting a full-year profit of $2.72 per share, or $2.79 per share after stock repurchasing, on 4% growth in sales. Wall Street, meanwhile, is predicting 2012 earnings of $2.77 per share on 4% revenue growth. HD is trading 3.5% higher ahead of the bell.
Wal-Mart Stores, Inc. (WMT - 62.48) recorded a fourth-quarter profit of $5.16 billion, or $1.50 per share, a 15% drop from its year-ago profit of $6.06 billion, or $1.70 per share. Excluding items, earnings arrived at $1.51 per share. Sales, meanwhile, rose 5.9% to $123.17 billion. The bottom-line results beat analysts' forecast for adjusted earnings of $1.45 per share; however, WMT's top line fell below the $124.21 billion Wall Street had predicted. Going forward, WMT is calling for current-quarter earnings to range between $1.01 and $1.06 per share, with a fiscal 2013 projection of $4.72 to $4.92 per share. Analysts are forecasting first-quarter and full-year earnings to arrive at $1.05 and $4.90 per share, respectively. WMT is down 2.4% in pre-market trading.
Finally, Kraft Foods Inc. (KFT - 38.01) this morning reported fourth-quarter earnings of $830 million, or 47 cents per share, a 54% rise from last year's profit of $540 million, or 31 cents per share, thanks to higher prices. Revenue increased 6.6% to $14.69 billion. The results fell short of analysts' expectations for a per-share profit of 57 cents on revenue of $14.79 billion. KFT is looking to start the session with a 0.9% lead.
Earnings Preview
Today's earnings docket will also feature reports from Dell ( DELL ), Macy's ( M ), Barnes & Noble ( BKS ), Boyd Gaming ( BYD ), Brocade Communications Systems ( BRCD ), Cheesecake Factory (CAKE), Chesapeake Energy (CHK), Community Health Systems (CYH), Cracker Barrel (CBRL), Dollar Thrifty Automotive (DTG), Genco Shipping & Trading (GNK), Grand Canyon Education (LOPE), Hecla Mining (HL), Herbalife (HLF), Medtronic (MDT), RadioShack (RSH), Saks (SKS), Sourcefire (FIRE), and Walter Energy (WLT). Keep your browser at SchaeffersResearch.com for more news as it breaks.
Economic Calendar
There are no major economic reports today, while Wednesday's calendar features the latest data on existing home sales. On Thursday, we'll hear the usual report on weekly jobless claims, along with the holiday-delayed update on domestic crude inventories. Also on tap is the FHFA housing price index. The week wraps up on Friday with the final Thomson Reuters/University of Michigan consumer sentiment index for February, as well as new home sales data.
Market Statistics
Equity option activity on the Chicago Board Options Exchange (CBOE) saw 1,838,584 call contracts traded on Friday, compared to 934,527 put contracts. The resultant single-session put/call ratio arrived at 0.51, while the 21-day moving average was 0.60.
Overseas Trading
Asian markets ended mixed today, despite the approval of a second bailout package for Greece. Automakers were a pocket of weakness in Japan, following an impressive rally by exporters on Monday. Among individual names, Mazda paced the sector-wide decline on reports that the company may issue stock to raise capital. Elsewhere, telecoms trekked higher in Hong Kong after China Telecom announced the impending debut of the iPhone 4S on its network. By the close, South Korea's Kospi retreated 0.03%, Japan's Nikkei slipped 0.2%, Hong Kong's Hang Seng gained 0.3%, and China's Shanghai Composite climbed 0.8%.
The major European indexes are mixed at midday, as traders digest the euro zone's hard-fought Greek bailout pact. While the imminent threat of disorderly default has been averted for now, traders are nonetheless taking the opportunity to pull some cash off the table. At last check, the German DAX is down 0.8%, the French CAC 40 has shed 0.7%, and London's FTSE 100 is 0.2% higher.
Currencies and Commodities
The U.S. dollar index is trading lower this morning, with the greenback last seen 0.2% lower at $79.19. Continuing in its quest higher , crude oil is up 1.2% at $104.85 per barrel. Gold futures are also pointed north, with the malleable metal up 0.7% at last check to trade at $1,738.60 an ounce.
Unusual Put and Call Activity:
For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations .
Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Earnings Preview Today's earnings docket will also feature reports from Dell ( DELL ), Macy's ( M ), Barnes & Noble ( BKS ), Boyd Gaming ( BYD ), Brocade Communications Systems ( BRCD ), Cheesecake Factory (CAKE), Chesapeake Energy (CHK), Community Health Systems (CYH), Cracker Barrel (CBRL), Dollar Thrifty Automotive (DTG), Genco Shipping & Trading (GNK), Grand Canyon Education (LOPE), Hecla Mining (HL), Herbalife (HLF), Medtronic (MDT), RadioShack (RSH), Saks (SKS), Sourcefire (FIRE), and Walter Energy (WLT). With no notable economic reports on tap for today, Wall Street is turning their attention across the pond, as euro-zone finance leaders have finally hashed out a plan to give debt-ridden Greece much-needed fiscal support. By the close, South Korea's Kospi retreated 0.03%, Japan's Nikkei slipped 0.2%, Hong Kong's Hang Seng gained 0.3%, and China's Shanghai Composite climbed 0.8%.
|
Earnings Preview Today's earnings docket will also feature reports from Dell ( DELL ), Macy's ( M ), Barnes & Noble ( BKS ), Boyd Gaming ( BYD ), Brocade Communications Systems ( BRCD ), Cheesecake Factory (CAKE), Chesapeake Energy (CHK), Community Health Systems (CYH), Cracker Barrel (CBRL), Dollar Thrifty Automotive (DTG), Genco Shipping & Trading (GNK), Grand Canyon Education (LOPE), Hecla Mining (HL), Herbalife (HLF), Medtronic (MDT), RadioShack (RSH), Saks (SKS), Sourcefire (FIRE), and Walter Energy (WLT). On the home front, retail earnings season kicks off this week, with big names such as Home Depot (HD ) and Wal-Mart Stores (WMT ) taking their turn in the confessional. In earnings news, The Home Depot, Inc. (HD - 46.71) said its fourth-quarter earnings arrived at $774 million, or 50 cents per share, a 32% year-over-year increase from $587 million, or 36 cents per share.
|
Earnings Preview Today's earnings docket will also feature reports from Dell ( DELL ), Macy's ( M ), Barnes & Noble ( BKS ), Boyd Gaming ( BYD ), Brocade Communications Systems ( BRCD ), Cheesecake Factory (CAKE), Chesapeake Energy (CHK), Community Health Systems (CYH), Cracker Barrel (CBRL), Dollar Thrifty Automotive (DTG), Genco Shipping & Trading (GNK), Grand Canyon Education (LOPE), Hecla Mining (HL), Herbalife (HLF), Medtronic (MDT), RadioShack (RSH), Saks (SKS), Sourcefire (FIRE), and Walter Energy (WLT). In earnings news, The Home Depot, Inc. (HD - 46.71) said its fourth-quarter earnings arrived at $774 million, or 50 cents per share, a 32% year-over-year increase from $587 million, or 36 cents per share. Wal-Mart Stores, Inc. (WMT - 62.48) recorded a fourth-quarter profit of $5.16 billion, or $1.50 per share, a 15% drop from its year-ago profit of $6.06 billion, or $1.70 per share.
|
Earnings Preview Today's earnings docket will also feature reports from Dell ( DELL ), Macy's ( M ), Barnes & Noble ( BKS ), Boyd Gaming ( BYD ), Brocade Communications Systems ( BRCD ), Cheesecake Factory (CAKE), Chesapeake Energy (CHK), Community Health Systems (CYH), Cracker Barrel (CBRL), Dollar Thrifty Automotive (DTG), Genco Shipping & Trading (GNK), Grand Canyon Education (LOPE), Hecla Mining (HL), Herbalife (HLF), Medtronic (MDT), RadioShack (RSH), Saks (SKS), Sourcefire (FIRE), and Walter Energy (WLT). In earnings news, The Home Depot, Inc. (HD - 46.71) said its fourth-quarter earnings arrived at $774 million, or 50 cents per share, a 32% year-over-year increase from $587 million, or 36 cents per share. Wal-Mart Stores, Inc. (WMT - 62.48) recorded a fourth-quarter profit of $5.16 billion, or $1.50 per share, a 15% drop from its year-ago profit of $6.06 billion, or $1.70 per share.
|
647e0f33-a925-4041-8153-7c765b0b2cee
|
726801.0
|
2012-02-15 00:00:00 UTC
|
WPPGY on Expansion Spree - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/wppgy-on-expansion-spree-analyst-blog-2012-02-15
|
nan
|
nan
|
Advertising titan, WPP plc's ( WPPGY ) wholly-owned subsidiary, tenthavenue recently agreed to acquire China-based Wisereach in partnership with GroupM; completion of the acquisition being subject to obtaining regulatory approvals.
Wisereach is a leading mobile marketing agency, founded in Beijing in 2009. Its client base includes big names as Audi, Dell Inc. ( DELL ), Michelin and Microsoft Corporation ( MSFT ).
In addition, XM Asia announced an agreement for acquiring a stake in Indonesia-based, Magnivate. The former is a unit of WPP's wholly-owned operating subsidiary, JWT, while the latter primarily engages in providing digital strategy, social media communications strategy, rich media, online advertising, search marketing and e-marketing.
Magnivate was founded in 1983, and generated revenues of approximately IDR16 billion for the year ended 31 December 2011. Companies like Danone, Frisian Flag, Samsung and Unilever are among Magnivate's well known clients.
Through these strategic acquisitions, WPPGY aims at expanding its operations in fast growing emerging markets and gaining access to vast untapped markets in those regions. Most of the acquisitions are given effect through the company's wholly-owned subsidiaries.
The current Zacks Consensus EPS Estimates for WPP plc is $5.13 and $5.62 for the fiscal years 2011 and 2012, respectively. The estimates represent a year-over-year growth of 37.20% for 2011 and 9.52% for 2012. Estimate for the fourth quarter stands at $3.43 per share.
Based in Dublin, Ireland, WPP Group provides advertising and communications services worldwide. The company provides stiff competition to its peers like Interpublic Group of Companies Inc. (IPG) , Omnicom Group Inc. (OMC) and Publicis Groupe SA (PUBGY.PK).
We currently maintain a Neutral recommendation on the stock.
DELL INC ( DELL ): Free Stock Analysis Report
INTERPUBLIC GRP ( IPG ): Free Stock Analysis Report
MICROSOFT CORP ( MSFT ): Free Stock Analysis Report
OMNICOM GRP ( OMC ): Free Stock Analysis Report
WPP GRP PLC ( WPPGY ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Its client base includes big names as Audi, Dell Inc. ( DELL ), Michelin and Microsoft Corporation ( MSFT ). DELL INC ( DELL ): Free Stock Analysis Report INTERPUBLIC GRP ( IPG ): Free Stock Analysis Report MICROSOFT CORP ( MSFT ): Free Stock Analysis Report OMNICOM GRP ( OMC ): Free Stock Analysis Report WPP GRP PLC ( WPPGY ): Free Stock Analysis Report To read this article on Zacks.com click here. Advertising titan, WPP plc's ( WPPGY ) wholly-owned subsidiary, tenthavenue recently agreed to acquire China-based Wisereach in partnership with GroupM; completion of the acquisition being subject to obtaining regulatory approvals.
|
DELL INC ( DELL ): Free Stock Analysis Report INTERPUBLIC GRP ( IPG ): Free Stock Analysis Report MICROSOFT CORP ( MSFT ): Free Stock Analysis Report OMNICOM GRP ( OMC ): Free Stock Analysis Report WPP GRP PLC ( WPPGY ): Free Stock Analysis Report To read this article on Zacks.com click here. Its client base includes big names as Audi, Dell Inc. ( DELL ), Michelin and Microsoft Corporation ( MSFT ). Advertising titan, WPP plc's ( WPPGY ) wholly-owned subsidiary, tenthavenue recently agreed to acquire China-based Wisereach in partnership with GroupM; completion of the acquisition being subject to obtaining regulatory approvals.
|
DELL INC ( DELL ): Free Stock Analysis Report INTERPUBLIC GRP ( IPG ): Free Stock Analysis Report MICROSOFT CORP ( MSFT ): Free Stock Analysis Report OMNICOM GRP ( OMC ): Free Stock Analysis Report WPP GRP PLC ( WPPGY ): Free Stock Analysis Report To read this article on Zacks.com click here. Its client base includes big names as Audi, Dell Inc. ( DELL ), Michelin and Microsoft Corporation ( MSFT ). Advertising titan, WPP plc's ( WPPGY ) wholly-owned subsidiary, tenthavenue recently agreed to acquire China-based Wisereach in partnership with GroupM; completion of the acquisition being subject to obtaining regulatory approvals.
|
DELL INC ( DELL ): Free Stock Analysis Report INTERPUBLIC GRP ( IPG ): Free Stock Analysis Report MICROSOFT CORP ( MSFT ): Free Stock Analysis Report OMNICOM GRP ( OMC ): Free Stock Analysis Report WPP GRP PLC ( WPPGY ): Free Stock Analysis Report To read this article on Zacks.com click here. Its client base includes big names as Audi, Dell Inc. ( DELL ), Michelin and Microsoft Corporation ( MSFT ). Wisereach is a leading mobile marketing agency, founded in Beijing in 2009.
|
d161d02f-32e2-4674-943e-51dc1e57e8c2
|
726802.0
|
2012-02-13 00:00:00 UTC
|
Zacks Investment Ideas feature highlights: Cisco, Intel, Microsoft and Dell - Press Releases
|
DELL
|
https://www.nasdaq.com/articles/zacks-investment-ideas-feature-highlights%3A-cisco-intel-microsoft-and-dell-press-releases
|
nan
|
nan
|
For Immediate Release
Chicago, IL - February 13, 2012 - Today, Zacks Investment Ideas feature highlights Features: Cisco ( CSCO ), Intel ( INTC ), Microsoft ( MSFT ) and Dell ( DELL ).
The Old Tech Titans Are Value Stocks
Last year, technology investors obsessed over LinkedIn and Groupon as the two social media companies went public in spectacular fashion. In 2012, Facebook is the next juggernaut to go IPO. Already investors are chomping at the bit to get in on it. Will Twitter be next?
I don't know about you, but the excitement is beginning to remind me of 1999 all over again. And I'm not talking about companies like Fogdog or Pets.com going public without any earnings. The IPO scene is reminding me of the optimism from that time when companies were being formed in South of Market loft apartments with just a few computers and a dream.
Technology stocks are hot again. They're glamorous. Everyone is talking about them. Employees in Silicon Valley are getting rich again.
Must Own Stocks
Back in 1999, there were several technology stocks that were, essentially, "must own" stocks. They were called the "tech titans" and from the beginning of the decade to the end, they gave investors spectacular returns.
Many investors considered them almost sure things -- until the technology bubble burst and then they weren't so "sure" anymore.
It's been a long road back.
Now, these companies are no longer the new kids on the block. In some cases they even pay, gasp, a dividend!
Technology Stocks = Value Stocks???
But while LinkedIn is trading with a nose bleed P/E of 266x and Groupon isn't much better with a forward P/E of 80, the old tech titans have suddenly become a real deal.
Over a decade after the dot-com bubble burst, they are now value stocks.
It might be time for technology investors to take another look at the original group of technology golden boys. They're not dead yet.
Four Tech Titans With Plenty of Value
By 1999, every mutual fund manager owned at least one of these stocks, and many probably owned all four of them.
You can see why from their 20 year returns, of which most of it was made before the bust in 2000-2001.
1. Cisco: 3317% return
2. Intel: 1476% return
3. Microsoft: 1214% return
4. Dell: 7993% return
S&P 500: 228% return over 20 years
The decade before the dot-com bust were the glory years however. The returns since the bust have not been nearly as attractive.
All of them have underperformed the S&P 500 over the last 10 years with 2 of them finishing in the red during that period.
1. Cisco: 21% return
2. Intel: -2% return
3. Microsoft: 13% return
4. Dell: - 31% return
S&P 500: 23% return over 10 years
Low P/Es
But now, the stocks are unloved enough that the valuations are very attractive. All of them are trading with forward P/Es under 15, which is the cut-off I usually use for value stocks.
1. Cisco: Forward P/E of 13
2. Intel: Forward P/E of 11
3. Microsoft: Forward P/E of 11.4
4. Dell: Forward P/E of 8.9
S&P 500: Forward P/E of 13
Solid Fundamentals
1. Cisco ( CSCO ) is a Zacks #2 Rank (Buy). Fiscal 2012 earnings are expected to rise 12.5%. The company recently raised its dividend which is now yielding 1.2%.
2. Intel ( INTC ) is a Zacks #3 Rank (Hold). It has a 1-year return on equity (ROE) of 28%, well above the S&P 500 average of just 13.8%. It also pays a juicy dividend, yielding 3.2%.
3. Microsoft ( MSFT ) is a Zacks #3 Rank (Hold). The company's 1-year return on equity (ROE) is a stellar 39.4%. This crushes the S&P 500 average. Shareholders get a 2.6% yield in the dividend.
4. Dell ( DELL ) is a Zacks #1 Rank (Strong Buy). Analysts expect 2012 earnings to jump 38%. The company also has a 1-year return on equity (ROE) of 49%.
Don't Forget About Value
It's easy to get caught up in the next "hot" technology stock. Many investors did just that in 1999 and 2000. But you shouldn't forget about valuation. You can still get exposure to the technology sector at an attractive price.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms. It monitors more than 200,000 earnings estimates, looking for changes.
Then when changes are discovered, they're applied to help assign more than 4,400 stocks into five Zacks Rank categories: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock picking system; the Zacks Rank, continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter Profit from the Pros. In short, it's your steady flow of profitable ideas GUARANTEED to be worth your time. Get your free subscription to Profit from the Pros at: http://at.zacks.com/?id=7298
Follow us on Twitter: http://twitter.com/ZacksResearch
Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
INTEL CORP ( INTC ): Free Stock Analysis Report
MICROSOFT CORP ( MSFT ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
For Immediate Release Chicago, IL - February 13, 2012 - Today, Zacks Investment Ideas feature highlights Features: Cisco ( CSCO ), Intel ( INTC ), Microsoft ( MSFT ) and Dell ( DELL ). Dell: 7993% return S&P 500: 228% return over 20 years The decade before the dot-com bust were the glory years however. Dell: - 31% return S&P 500: 23% return over 10 years Low P/Es But now, the stocks are unloved enough that the valuations are very attractive.
|
For Immediate Release Chicago, IL - February 13, 2012 - Today, Zacks Investment Ideas feature highlights Features: Cisco ( CSCO ), Intel ( INTC ), Microsoft ( MSFT ) and Dell ( DELL ). 9339 support@zacks.com http://www.zacks.com CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP ( MSFT ): Free Stock Analysis Report To read this article on Zacks.com click here. Dell: 7993% return S&P 500: 228% return over 20 years The decade before the dot-com bust were the glory years however.
|
Dell: - 31% return S&P 500: 23% return over 10 years Low P/Es But now, the stocks are unloved enough that the valuations are very attractive. 9339 support@zacks.com http://www.zacks.com CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP ( MSFT ): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - February 13, 2012 - Today, Zacks Investment Ideas feature highlights Features: Cisco ( CSCO ), Intel ( INTC ), Microsoft ( MSFT ) and Dell ( DELL ).
|
For Immediate Release Chicago, IL - February 13, 2012 - Today, Zacks Investment Ideas feature highlights Features: Cisco ( CSCO ), Intel ( INTC ), Microsoft ( MSFT ) and Dell ( DELL ). Dell: 7993% return S&P 500: 228% return over 20 years The decade before the dot-com bust were the glory years however. Dell: - 31% return S&P 500: 23% return over 10 years Low P/Es But now, the stocks are unloved enough that the valuations are very attractive.
|
63aac446-ff2e-4aa0-b59f-fdc5c9d265f1
|
726803.0
|
2012-02-09 00:00:00 UTC
|
The Old Tech Titans Are Value Stocks - Investment Ideas
|
DELL
|
https://www.nasdaq.com/articles/old-tech-titans-are-value-stocks-investment-ideas-2012-02-09
|
nan
|
nan
|
Last year, technology investors obsessed over LinkedIn and Groupon as the two social media companies went public in spectacular fashion. In 2012, Facebook is the next juggernaut to go IPO. Already investors are chomping at the bit to get in on it. Will Twitter be next?
I don't know about you, but the excitement is beginning to remind me of 1999 all over again. And I'm not talking about companies like Fogdog or Pets.com going public without any earnings. The IPO scene is reminding me of the optimism from that time when companies were being formed in South of Market loft apartments with just a few computers and a dream.
Technology stocks are hot again. They're glamorous. Everyone is talking about them. Employees in Silicon Valley are getting rich again.
Must Own Stocks
Back in 1999, the
|
Last year, technology investors obsessed over LinkedIn and Groupon as the two social media companies went public in spectacular fashion. And I'm not talking about companies like Fogdog or Pets.com going public without any earnings. The IPO scene is reminding me of the optimism from that time when companies were being formed in South of Market loft apartments with just a few computers and a dream.
|
Last year, technology investors obsessed over LinkedIn and Groupon as the two social media companies went public in spectacular fashion. And I'm not talking about companies like Fogdog or Pets.com going public without any earnings. Technology stocks are hot again.
|
Last year, technology investors obsessed over LinkedIn and Groupon as the two social media companies went public in spectacular fashion. And I'm not talking about companies like Fogdog or Pets.com going public without any earnings. The IPO scene is reminding me of the optimism from that time when companies were being formed in South of Market loft apartments with just a few computers and a dream.
|
Last year, technology investors obsessed over LinkedIn and Groupon as the two social media companies went public in spectacular fashion. And I'm not talking about companies like Fogdog or Pets.com going public without any earnings. Technology stocks are hot again.
|
299e339b-26ed-4c05-a306-e81b14e4621d
|
726804.0
|
2012-01-30 00:00:00 UTC
|
The Cloud and the Great Data Center Race
|
DELL
|
https://www.nasdaq.com/articles/cloud-and-great-data-center-race-2012-01-30
|
nan
|
nan
|
This article was submitted by Greg Ness
In the same way that the rise of the Internet led to the enterprise web (web-enabled enterprise applications) the public and private cloud is driving IT to new modes of operation, most of which demand more agility, more capacity and an even keener focus on operating and capital expenses. This profound tension -between a substantial evolution in demands on IT and an extended period of economic doldrums- has placed CIOs in the crossfire.
The Good News
Companies like VMware, Microsoft and Citrix have helped to ease infrastructure challenges with new automation and management capabilities, centered on servers, virtualization and the promise of greater IT automation. The public cloud players (Amazon, Google and Microsoft) have also helped enterprises with edge cases where agility was needed or building for peak capacity wasn't economically feasible.
The Not So Good News
Networking and security players have been notably slower in addressing today's agility and scale-related networking challenges; network automation has progressed more slowly than server automation as many network vendors have continued to focus on hardware-centric and feudalistic product and marketing strategies. The hope for private clouds is the evolution of the network and the emergence of cloud operating systems which can increase efficiency and agility by managing and securing workloads beyond VLAN constraints.
Yet the biggest challenge facing CIOs today may have more to do with the data center facility itself.
The Coming Data Center Race
The last ten years have seen an accelerating pace of change within IT, especially when it comes to agility, capacity and the need for capital and operating efficiency. Yet most data centers are obsolete, and many enterprises are in the dark at what point obsolescence occurs.
Most data center decision makers have been focused on securing adequate floor space, walls and back-up generator capacity, and have otherwise treated the data center as just another building in a portfolio of real estate holdings. They have no idea how energy efficient their data centers are under most if not all operating conditions and measure capacity by available space.
Virtualization has eased this problem by enabling more power density (more server capacity per rack) but that has shifted the issue to efficient power capacity. Increased growth means increased waste as a data center passes its point of efficient power and cooling capacity. Yet many operators don't have a clear idea of where that point is beyond whether or not the data center is full of racks.
This has left many CIOs in the precarious position of driving innovation from facilities where growth may risk putting an IT team at a disadvantage.
The data center industry and the pace of innovation is at the core of the problem. Data centers need to be more scalable and more energy efficient than typical office buildings because they: 1) are disproportionate consumers of power; 2) are increasingly strategic to a company's operating posture; and 3) can be the most significant factor in a company's ongoing ability to profitably innovate and grow.
Yet most data centers are designed (by today's standards) to become obsolete in less than ten years, forcing more transactions than necessary for the same amount of IT capabilities and driving up capital and operating expense. They leave the "at risk" CIO tasked with increasing agility and capacity at the expense of rising operating and capital expenses, which exacerbates an already difficult challenge.
For example, in ten years a highly efficient and vertically scalable data center can reduce operating expenses by about $70 million and allow for a doubling of IT capacity within a single building. Those who deliver IT services and apps from a more efficient data center can outperform those in obsolete facilities on pretty much every quantifiable measure.
The Good News: The Race is On
This widening gap between obsolescence and increasing demands on IT has spurred data center innovation in two areas. At the low end of the market a multitude of vendors are offering highly efficient containerized data centers, complete with racks, which can be deployed quickly. They offer viable alternatives to retail colocation and public cloud, but do have their drawbacks. For example, you can still run out of space quickly and you might end up paying more for the contents than you could otherwise obtain directly from a supplier. Some of them are not comfortable work environments for your IT teams and many offer a fixed offering that may not address your unique infrastructure needs.
Above 500 kWs of power consumption CIOs may want their teams to have more control over power densities, electrical and mechanical architectures, amenities, etc. That leads to a larger, wholesale data center, where enterprises can have virtually complete control over a building financed by a public or private REIT.
These REITs, however, can vary widely in terms of design and efficiency innovation. Some have a preset "one size fits all" design (your capacity grows you simply buy/lease more space) while others offer comprehensive customization and collaboration options, including the vertical scalability game-changer which allows for considerable opex savings.
You can see examples of highly efficient and vertically scalable facilities by looking at Facebook's Prineville (especially for infrastructure innovation), and Vantage's Santa Clara Campus for facilities innovation. Note: I work for Vantage Data Centers, a private wholesale data center REIT.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The public cloud players (Amazon, Google and Microsoft) have also helped enterprises with edge cases where agility was needed or building for peak capacity wasn't economically feasible. For example, in ten years a highly efficient and vertically scalable data center can reduce operating expenses by about $70 million and allow for a doubling of IT capacity within a single building. Some have a preset "one size fits all" design (your capacity grows you simply buy/lease more space) while others offer comprehensive customization and collaboration options, including the vertical scalability game-changer which allows for considerable opex savings.
|
The Good News Companies like VMware, Microsoft and Citrix have helped to ease infrastructure challenges with new automation and management capabilities, centered on servers, virtualization and the promise of greater IT automation. For example, in ten years a highly efficient and vertically scalable data center can reduce operating expenses by about $70 million and allow for a doubling of IT capacity within a single building. Note: I work for Vantage Data Centers, a private wholesale data center REIT.
|
Most data center decision makers have been focused on securing adequate floor space, walls and back-up generator capacity, and have otherwise treated the data center as just another building in a portfolio of real estate holdings. Data centers need to be more scalable and more energy efficient than typical office buildings because they: 1) are disproportionate consumers of power; 2) are increasingly strategic to a company's operating posture; and 3) can be the most significant factor in a company's ongoing ability to profitably innovate and grow. For example, in ten years a highly efficient and vertically scalable data center can reduce operating expenses by about $70 million and allow for a doubling of IT capacity within a single building.
|
They have no idea how energy efficient their data centers are under most if not all operating conditions and measure capacity by available space. Increased growth means increased waste as a data center passes its point of efficient power and cooling capacity. For example, in ten years a highly efficient and vertically scalable data center can reduce operating expenses by about $70 million and allow for a doubling of IT capacity within a single building.
|
2183df64-74b1-45fb-9e12-f31403bcfe15
|
726805.0
|
2012-01-26 00:00:00 UTC
|
Soft GPU Biz to Spoil NVIDIA's 4Q - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/soft-gpu-biz-to-spoil-nvidias-4q-analyst-blog-2012-01-26
|
nan
|
nan
|
Ace chip maker Nvidia Corp. ( NVDA ) is set to deliver a weak fourth quarter owing to softness in its Graphics Processing Unit (GPU) business arising from lower PC shipments. Weaker GPU business has also affected another tech behemoth and arch rival Advanced Micro Devices Inc .'s ( AMD ) fourth quarter results.
Advanced Micro reported a 9.9% decline in GPU business during the quarter and also guided an 8.0% (+/- 3%) sequential decrease in revenues for the upcoming quarter.
Major PC makers, such as Hewlett-Packard Co. ( HPQ ) and Dell Inc. ( DELL ) reported lower PC shipments due to shortages of hard disk drives (HDDs). Company official
|
Major PC makers, such as Hewlett-Packard Co. ( HPQ ) and Dell Inc. ( DELL ) reported lower PC shipments due to shortages of hard disk drives (HDDs). Ace chip maker Nvidia Corp. ( NVDA ) is set to deliver a weak fourth quarter owing to softness in its Graphics Processing Unit (GPU) business arising from lower PC shipments. Weaker GPU business has also affected another tech behemoth and arch rival Advanced Micro Devices Inc .
|
Major PC makers, such as Hewlett-Packard Co. ( HPQ ) and Dell Inc. ( DELL ) reported lower PC shipments due to shortages of hard disk drives (HDDs). Ace chip maker Nvidia Corp. ( NVDA ) is set to deliver a weak fourth quarter owing to softness in its Graphics Processing Unit (GPU) business arising from lower PC shipments. Advanced Micro reported a 9.9% decline in GPU business during the quarter and also guided an 8.0% (+/- 3%) sequential decrease in revenues for the upcoming quarter.
|
Major PC makers, such as Hewlett-Packard Co. ( HPQ ) and Dell Inc. ( DELL ) reported lower PC shipments due to shortages of hard disk drives (HDDs). Ace chip maker Nvidia Corp. ( NVDA ) is set to deliver a weak fourth quarter owing to softness in its Graphics Processing Unit (GPU) business arising from lower PC shipments. Advanced Micro reported a 9.9% decline in GPU business during the quarter and also guided an 8.0% (+/- 3%) sequential decrease in revenues for the upcoming quarter.
|
Major PC makers, such as Hewlett-Packard Co. ( HPQ ) and Dell Inc. ( DELL ) reported lower PC shipments due to shortages of hard disk drives (HDDs). Ace chip maker Nvidia Corp. ( NVDA ) is set to deliver a weak fourth quarter owing to softness in its Graphics Processing Unit (GPU) business arising from lower PC shipments. Weaker GPU business has also affected another tech behemoth and arch rival Advanced Micro Devices Inc .
|
de82e365-b8b6-44b5-b22b-ce43acbbfe25
|
726806.0
|
2012-01-24 00:00:00 UTC
|
EMC Beats on Strong Revenues - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/emc-beats-on-strong-revenues-analyst-blog-2012-01-24
|
nan
|
nan
|
EMC Corp. ( EMC ) reported fourth quarter 2011 earnings per share ( EPS ) of 42 cents, up 16.1% year over year and ahead of the Zacks Consensus Estimate by a couple of cents. EPS (excluding stock-based compensation, restructuring charges and intangible asset amortization) was 49 cents, up 16.7% year over year from 42 cents in the year-ago quarter.
The better-than-expected results were driven by robust growth in the top line during the quarter arising from the strong demand for EMC products globally.
Revenue
Revenue increased 14.0% year over year to $5.57 billion in the fourth quarter, surpassing the Zacks Consensus Estimate of $5.49 billion. This growth was primarily attributed to continued strong demand for EMC's storage, data protection, virtualization and security products and services in the quarter.
Segment wise, product sales jumped 11.2% year over year to $3.54 billion. Services benefited from strong demand and increased 19.3% year over year to $2.03 billion in the reported quarter.
EMC Information Storage business revenues jumped 11.8% year over year to $4.07 billion. The company's high-end Symmetrix storage product portfolio climbed 11.0% year over year while mid-tier storage product portfolio experienced a revenue growth of 24.0% in the quarter.
Revenue from Information Intelligence segment dipped 1.1% year over year to $201.2 million. RSA information security business jumped 16.3% year over year in the reported quarter. VMware Inc. ( VMW ), in which EMC holds a majority stake, posted an impressive revenue growth of 26.8% year over year to reach $1.06 billion in the reported quarter.
On a geographical basis, domestic revenues climbed 16.0% year over year to $3.0 billion and contributed 54.0% to the quarter's revenue. Revenue from the company's international operations escalated 12.0% year over year to $2.6 billion and accounted for 46.0% of revenues. Revenues increased 6.0%, 26.0% and 26.0% year over year, respectively, in the Europe, Middle East and Africa (EMEA), Asia Pacific & Japan, and Latin America.
Operational Performance
Gross profit (including stock-based compensation but excluding restructuring and acquisition related charges, and intangible asset amortization) stood at $3.56 billion, up 18.8% year over year. Gross margin expanded 250 basis points (bps) to 63.9%, primarily driven by strong revenue growth.
Operating profit (including stock-based compensation but excluding restructuring charges and intangible asset amortization) was $1.25 billion, up 18.6% year over year. Operating margin increased 90 bps to 22.5%, based on robust gross margin expansion.
Net income (including stock-based compensation but excluding restructuring charges and intangible asset amortization) in the fourth quarter was $913.4 million, up 28.7% year over year during the quarter.
Balance Sheet
As of December 31, 2011, cash and cash equivalents including short-term investments were $6.32 billion compared with $4.76 billion at the end of September 30, 2011. EMC generated $2.18 billion in cash flow from operations in the fourth quarter compared with $1.29 billion in the prior quarter.
2012 Guidance
EMC expects revenues of approximately $22.0 billion for fiscal 2012 (in line with the Zacks Consensus Estimate). Non-GAAP operating income is expected to grow 17.0% for fiscal 2012. Non-GAAP net income is expected to be approximately $3.7 billion for the full year. EMC projects EPS of $1.70 for fiscal 2012, excluding 30 cents related to stock-based compensation.
The current Zacks Consensus estimate is pegged at $1.42 per share for fiscal 2012 (includes stock based compensation), which is slightly higher than management's outlook (including 30 cents in stock-based compensation; the company's guidance translates to an EPS of $1.40 for fiscal 2012). EMC also expects to repurchase shares worth $700.0 million in fiscal 2012, which will boost EPS growth going forward.
Our Recommendation
According to market research firm Gartner, worldwide data center hardware spending is expected to reach $106.4 billion by the end of calendar year 2012. Data center hardware spending includes servers, storage and enterprise data center networking equipment. Data center hardware spending is forecasted to surpass $126.2 billion by 2015. We believe that EMC is well positioned to benefit from this incremental spending going forward.
We also believe that EMC will benefit from its dominant position in the storage market going forward. Moreover, increasing adoption of cloud computing technology will boost demand for EMC's virtual infrastructure products, which in turn is expected to drive top-line growth going forward.
However, we believe that the current guidance is disappointing, which reflects lack of visibility and sluggish IT spending trend in the near term. Moreover, a sluggish North American and European market coupled with increasing competition from companies such as International Business Machines Corp. ( IBM ), Hewlett Packard Co. ( HPQ ), NetApp Inc. ( NTAP ), Hitachi Data Systems and Dell Inc. ( DELL ) will remain an overhang on the stock going forward.
We remain Neutral on a long-term basis (6 to 12 months). EMC has a Zacks #3 Rank, which implies a Hold rating in the near term (1-3 months).
DELL INC ( DELL ): Free Stock Analysis Report
EMC CORP -MASS ( EMC ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
INTL BUS MACH ( IBM ): Free Stock Analysis Report
NETAPP INC (NTAP): Free Stock Analysis Report
VMWARE INC-A (VMW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Moreover, a sluggish North American and European market coupled with increasing competition from companies such as International Business Machines Corp. ( IBM ), Hewlett Packard Co. ( HPQ ), NetApp Inc. ( NTAP ), Hitachi Data Systems and Dell Inc. ( DELL ) will remain an overhang on the stock going forward. DELL INC ( DELL ): Free Stock Analysis Report EMC CORP -MASS ( EMC ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report VMWARE INC-A (VMW): Free Stock Analysis Report To read this article on Zacks.com click here. This growth was primarily attributed to continued strong demand for EMC's storage, data protection, virtualization and security products and services in the quarter.
|
DELL INC ( DELL ): Free Stock Analysis Report EMC CORP -MASS ( EMC ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report VMWARE INC-A (VMW): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, a sluggish North American and European market coupled with increasing competition from companies such as International Business Machines Corp. ( IBM ), Hewlett Packard Co. ( HPQ ), NetApp Inc. ( NTAP ), Hitachi Data Systems and Dell Inc. ( DELL ) will remain an overhang on the stock going forward. Operating profit (including stock-based compensation but excluding restructuring charges and intangible asset amortization) was $1.25 billion, up 18.6% year over year.
|
DELL INC ( DELL ): Free Stock Analysis Report EMC CORP -MASS ( EMC ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report VMWARE INC-A (VMW): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, a sluggish North American and European market coupled with increasing competition from companies such as International Business Machines Corp. ( IBM ), Hewlett Packard Co. ( HPQ ), NetApp Inc. ( NTAP ), Hitachi Data Systems and Dell Inc. ( DELL ) will remain an overhang on the stock going forward. EMC Corp. ( EMC ) reported fourth quarter 2011 earnings per share ( EPS ) of 42 cents, up 16.1% year over year and ahead of the Zacks Consensus Estimate by a couple of cents.
|
Moreover, a sluggish North American and European market coupled with increasing competition from companies such as International Business Machines Corp. ( IBM ), Hewlett Packard Co. ( HPQ ), NetApp Inc. ( NTAP ), Hitachi Data Systems and Dell Inc. ( DELL ) will remain an overhang on the stock going forward. DELL INC ( DELL ): Free Stock Analysis Report EMC CORP -MASS ( EMC ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report VMWARE INC-A (VMW): Free Stock Analysis Report To read this article on Zacks.com click here. Revenue Revenue increased 14.0% year over year to $5.57 billion in the fourth quarter, surpassing the Zacks Consensus Estimate of $5.49 billion.
|
49fe4375-0c8a-4040-900a-a13b4fb71062
|
726807.0
|
2012-01-20 00:00:00 UTC
|
Intel Tops, Guides In Line - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/intel-tops-guides-line-analyst-blog-2012-01-20
|
nan
|
nan
|
Intel Corp ( INTC ) reported fourth quarter earnings of 67 cents per share that beat the Zacks Consensus Estimate by 6 cents. The surprise was driven by strength in the server segment, a richer mix of business, lower-than-expected taxes and helped by the fact that estimates dropped 9 cents over the past two months.
Revenue
Intel's reported revenue was $13.9 billion, within management's guidance range of $$14.0 billion (+/-$500 million). Revenue for the quarter dropped 2.4% sequentially, while increasing 21.2% year over year. As indicated by the HDD suppliers Western Digital ( WDC ) and Seagate ( STX ), as well as PC companies Hewlett Packard Company ( HPQ ) and Dell Inc ( DELL ), the floods in Thailand had a significant impact on the PC market toward the end of the year.
Distributors reduced inventories and Intel saw its own internal inventories nosing up. Since this is one of Intel's largest markets, the company saw its shipments affected. However, the data center and embedded businesses continued to grow.
Intel's longer-term strategy is playing out, with data center contining to show additional opportunity, long-cycle wins in the embedded segment gathering momentum and emerging markets displaying strong growth trends.
Revenue by Segment
The PC Client segment generated 65% of revenue in the last quarter, down 3.9% sequentially and up 12.7% year over year. Overall, enterprise remained the driver of growth, while consumer remained soft. Intel highlighted the strength in emerging markets, stating that China, India and Indonesia were up 15%, 22% and 37%, respectively for the year. Low penetration and a growing per capita income are making computing devices more popular in these regions.
With enterprise growth and Sandy Bridge (40% of revenue for the year) remaining strong drivers of its business, the company continues to see a richer mix. This will of course be somewhat offset by the strength in emerging markets, where two out of three incremental PCs are being sold, according to Intel.
DataCenter was the second largest group with a 20% revenue share. Segment revenue was up 8.2% sequentially and 7.7% year over year. This segment has witnessed very strong double-digit year-over-year growth in seven of the last eight quarters and although the growth rate has been dropping off, there is every reason to believe that it will grow into one of the most important drivers of Intel's business.
The secular growth drivers here are increasing Internet usage by consumers all over the world, and the ongoing move towards virtualization and cloud computing. Intel has been seeing a strengthening of the storage and networking areas and the company currently expects these products to gather momentum. Additionally, Romley (Sandy Bridge for servers) has started shipping, so this will also add to growth.
The Other Intel Architecture segment generated around 8% of Intel's revenue in the last quarter, declining 19.8% sequentially, but growing 121.1% from last year.
The Software and Services revenue went from $75 million in the December 2010 quarter and $541 million in the September 2011 quarter to $578 million in the last quarter. The increase from the year-ago quarter was mainly due to the addition of McAfee in corporate results. In addition to discrete sales, Intel is taking an integrated approach to McAfee's storage solutions, with the intention of further differentiating its products.
The Other segment generated 4% of revenue, up 6.8% sequentially and 47.4% from the year-ago quarter.
Revenue by Geography
The Asia/Pacific market remained the largest in the last quarter with a 58% contribution. While revenues were flattish sequentially, they were up 23.1% from a year ago. The Americas was the second largest region, with a 19% contribution, down 11.9% sequentially and up 15.7% year over year.
Europe came in third with a 14% revenue share, representing sequential and year-over-year increases of 6.5% and 22.1%, respectively. Japan stayed at number four, with a 9% contribution, representing a decline of 5.4% from the previous quarter and an increase of 20.1% from the fourth quarter of 2010.
Margins
The pro forma gross margin for the quarter was 65.4%, up 114 basis points (bps) sequentially and 81 bps year over year, better than guided. The gross margin has picked up over the last two quarters, due to the richer mix of higher-ASP devices being sold. With 22nm devices expected to gain momentum this year, there will be further cost efficiencies going forward. The enterprise business should remain a positive factor, although this will continue to be offset by strength in emerging markets.
Operating expenses of $4.3 billion were up 3.0% from the third quarter. The operating margin was 34.6%, down 48 bps sequentially and 55 bps year over year. Intel stepped up R&D spending, which accounted for the decline from both the previous and year-ago quarters. All other expenses declined as a percentage of sales.
The operating margins by segment were as follows -- PC Client 43.7% (up 106 bps sequentially), Data Center 53.4% (up 483 bps), Other Intel Architecture -33.5% (down 2,325 bps) and Software and Services 2.8% (down 56 bps). Operating margins in the Data Center and PC Client segments were down 140 bps and 306 bps, respectively, from the year-ago quarter.
The pro forma net income was $3.5 billion, or 25.3% of sales, compared to $3.7 billion, or 25.8% in the previous quarter and $3.2 billion or 27.7% in the prior-year quarter. One time-items included intangibles amortization expenses on a tax-adjusted basis. Accordingly, the fully diluted GAAP net income was $3.4 billion, or 64 cents a share compared to $3.5 billion, or 65 cents per share in the previous quarter and $3.2 billion, or 56 cents in the year-ago quarter.
Balance Sheet
Inventories increased 3.5% sequentially and annualized inventory turns went from 5.1X to 4.7X. Days sales outstanding (DSOs) were flattish at around 24. The cash, marketable securities and fixed income trading asset balance at quarter-end was $14.8 billion, down $361 million during the quarter.
Intel has $7.1 billion in long-term debt and 247 million in short-term debt, resulting in a net cash balance of $7.5 billion. Cash flow from operations was over $6 billion. Important usages of cash in the last quarter included $2.8 billion on capex, $1.07 billion on dividends and $4.1 billion on share repurchases.
First Quarter Guidance
Intel guided to revenue of around $12.8 billion (+/-$500 million), down 7.8% sequentially and 0.4% from the March quarter of 2011 (in-line with consensus estimates. Gross margin on a GAAP basis is expected to be around 63% (+/-2 percentage points), while on a non-GAAP basis, it is expected to be 64% (+/- 2 percentage points). Total operating expenses are expected to come in at around $4.4 billion.
Management also expects to provide for depreciation of around $1.5 billion and intangibles amortization of around $75 million. Other income/expense is not expected to impact results. Applying the guided annual tax rate of 29%, net income comes to around $2.7 billion or 21.0% of revenue, which would be down both sequentially and year over year.
Guidance for 2011
For the year, Intel guided to a gross margin of 64% (+/- 2 percentage points), non GAAP gross margin of 65% (+/- 2 percentage points) and operating expenses of $28.4 billion (+/- 200 million). The full year tax rate is expected to be 29%, depreciation $5.2 billion (+/- $100 million) and capex $6.5 billion (+/- $100 million). Intel stepped up capex in 2011 in order to bring the fourth high volume facility online to drive 22nm production. Therefore capex for 2012 is relatively lower in comparison.
Our Take
Intel reported moderate fourth quarter results and a below-seasonal outlook, tempered by PC market issues. Segment performance for the last quarter was not too different from what we had expected.
We reiterate that the low-power devices currently selling like hot cakes are more dependent than ever on strong server chips. Additionally, data centers are upgrading and Intel's powerful devices are the obvious choice. With its tick-tock strategy, Intel has managed to stay way ahead of the competition so far. While competing technology from ARM Holdings ( ARMH ) is likely to make life more difficult for Intel going forward, the chip giant has not been napping.
Intel remains well positioned in the server segment and its superior process technology should help it lower prices while maintaining similar profits. The growth of cloud computing is expanding this market and resulting in new opportunities for storage and networking products. The PC side, while impacted by HDD shortage, continues to do moderately well for Intel given its strong position in most emerging markets.
Intel is also remains totally focused on the mobile segment, which has the potential of eating into its core computing business. While the newly launched ultrabook is still a far cry from Apple's ( AAPL ) iPad, new designs from new players are entering the market every day. Although Microsoft's ( MSFT ) Windows 8 (to launch later this year) will also be compatible with ARM architecture, Intel is likely to be the bigger beneficiary, given the level of its support and the broader reach of its products across the world.
Intel's Medfield-based phones are entering the market as we speak and the company intends to tap opportunities in China (on the road to becoming the largest cell phone market). We think the company's consistent focus on emerging markets will be a key to its growth in the next few quarters.
All that being said, Intel has yet to prove itself in the mobile segment and this continues to weigh on investor sentiments. Moreover, the HDD supply chain is still in the process of correcting itself, which will impact revenue in the current quarter.
Since the guidance appears to be exactly in line with the Zacks Consensus Estimate for the first quarter, we think there will be positive revisions going forward, which would raise the Zacks Rank from the current #4 (short-term Sell rating).
APPLE INC ( AAPL ): Free Stock Analysis Report
ARM HOLDNGS ADR ( ARMH ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
INTEL CORP ( INTC ): Free Stock Analysis Report
MICROSOFT CORP (MSFT): Free Stock Analysis Report
SEAGATE TECH (STX): Free Stock Analysis Report
WESTERN DIGITAL (WDC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
As indicated by the HDD suppliers Western Digital ( WDC ) and Seagate ( STX ), as well as PC companies Hewlett Packard Company ( HPQ ) and Dell Inc ( DELL ), the floods in Thailand had a significant impact on the PC market toward the end of the year. APPLE INC ( AAPL ): Free Stock Analysis Report ARM HOLDNGS ADR ( ARMH ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report SEAGATE TECH (STX): Free Stock Analysis Report WESTERN DIGITAL (WDC): Free Stock Analysis Report To read this article on Zacks.com click here. The surprise was driven by strength in the server segment, a richer mix of business, lower-than-expected taxes and helped by the fact that estimates dropped 9 cents over the past two months.
|
APPLE INC ( AAPL ): Free Stock Analysis Report ARM HOLDNGS ADR ( ARMH ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report SEAGATE TECH (STX): Free Stock Analysis Report WESTERN DIGITAL (WDC): Free Stock Analysis Report To read this article on Zacks.com click here. As indicated by the HDD suppliers Western Digital ( WDC ) and Seagate ( STX ), as well as PC companies Hewlett Packard Company ( HPQ ) and Dell Inc ( DELL ), the floods in Thailand had a significant impact on the PC market toward the end of the year. The operating margins by segment were as follows -- PC Client 43.7% (up 106 bps sequentially), Data Center 53.4% (up 483 bps), Other Intel Architecture -33.5% (down 2,325 bps) and Software and Services 2.8% (down 56 bps).
|
APPLE INC ( AAPL ): Free Stock Analysis Report ARM HOLDNGS ADR ( ARMH ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report SEAGATE TECH (STX): Free Stock Analysis Report WESTERN DIGITAL (WDC): Free Stock Analysis Report To read this article on Zacks.com click here. As indicated by the HDD suppliers Western Digital ( WDC ) and Seagate ( STX ), as well as PC companies Hewlett Packard Company ( HPQ ) and Dell Inc ( DELL ), the floods in Thailand had a significant impact on the PC market toward the end of the year. Revenue by Segment The PC Client segment generated 65% of revenue in the last quarter, down 3.9% sequentially and up 12.7% year over year.
|
As indicated by the HDD suppliers Western Digital ( WDC ) and Seagate ( STX ), as well as PC companies Hewlett Packard Company ( HPQ ) and Dell Inc ( DELL ), the floods in Thailand had a significant impact on the PC market toward the end of the year. APPLE INC ( AAPL ): Free Stock Analysis Report ARM HOLDNGS ADR ( ARMH ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report SEAGATE TECH (STX): Free Stock Analysis Report WESTERN DIGITAL (WDC): Free Stock Analysis Report To read this article on Zacks.com click here. Revenue Intel's reported revenue was $13.9 billion, within management's guidance range of $$14.0 billion (+/-$500 million).
|
4ab8cfd2-6c8e-4551-8a60-b178e84f2478
|
726808.0
|
2012-01-16 00:00:00 UTC
|
Dell to Enhance Consumer Experience - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-enhance-consumer-experience-analyst-blog-2012-01-16
|
nan
|
nan
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop. The ultra portable gadget is expected to enhance user experience with Intel Inc.'s ( INTC ) latest technologies such as Rapid Start and Smart Connect, which will enable users to remain connected and responsive anywhere.
The Ultrabook will support huge file storage with 128/256 GB (gigabyte) solid state drive options, as well as an additional 100 GB of cloud storage through Dell DataSafe online application, for free. DataSafe Online protects data by placing backup copies on a secure storage site using Internet connection.
Dell's XPS 13 is less than 3 pounds with 24-hour battery back-up and starts at $999. The Ultrabook, though a high-end product, is suitable for both consumer and corporate purposes. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers.
Apple's latest version of MacBook Air is well equipped with its updated operating system, X lion OS and Intel's Thunderbolt connectivity. The MacBook Air price starts at $999.
Dell's entry into the Ultrabook market actually signals its exit from the netbook market, which is being cannibalized by tablets. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. The new tablet will feature Microsoft Corp.'s ( MSFT ) Windows 8.
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs.
Apart from product launches, we are encouraged by Dell's endeavor to expand production capacity in China. In a weak PC scenario, we think that Dell's second operating unit in China could do well. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China.
Dell currently lags Hewlett-Packard Co. ( HPQ ), but is still ahead of Apple Inc. Currently, Dell has a Zacks #2 Rank, which equates to a short-term Buy recommendation.
DELL INC ( DELL ): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. DELL INC ( DELL ): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
0add6542-280c-430b-97f5-7a786eac9e8c
|
726809.0
|
2012-01-16 00:00:00 UTC
|
Dell to Enhance Consumer Experience - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-enhance-consumer-experience-analyst-blog-2012-01-16-3
|
nan
|
nan
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop. The ultra portable gadget is expected to enhance user experience with Intel Inc.'s ( INTC ) latest technologies such as Rapid Start and Smart Connect, which will enable users to remain connected and responsive anywhere.
The Ultrabook will support huge file storage with 128/256 GB (gigabyte) solid state drive options, as well as an additional 100 GB of cloud storage through Dell DataSafe online application, for free. DataSafe Online protects data by placing backup copies on a secure storage site using Internet connection.
Dell's XPS 13 is less than 3 pounds with 24-hour battery back-up and starts at $999. The Ultrabook, though a high-end product, is suitable for both consumer and corporate purposes. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers.
Apple's latest version of MacBook Air is well equipped with its updated operating system, X lion OS and Intel's Thunderbolt connectivity. The MacBook Air price starts at $999.
Dell's entry into the Ultrabook market actually signals its exit from the netbook market, which is being cannibalized by tablets. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. The new tablet will feature Microsoft Corp.'s ( MSFT ) Windows 8.
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs.
Apart from product launches, we are encouraged by Dell's endeavor to expand production capacity in China. In a weak PC scenario, we think that Dell's second operating unit in China could do well. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China.
Dell currently lags Hewlett-Packard Co. ( HPQ ), but is still ahead of Apple Inc. Currently, Dell has a Zacks #2 Rank, which equates to a short-term Buy recommendation.
DELL INC ( DELL ): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. DELL INC ( DELL ): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
8491dfc8-dc33-4a6b-872b-d94dc7d269fe
|
726810.0
|
2012-01-16 00:00:00 UTC
|
Dell to Enhance Consumer Experience - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-enhance-consumer-experience-analyst-blog-2012-01-16-0
|
nan
|
nan
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop. The ultra portable gadget is expected to enhance user experience with Intel Inc.'s ( INTC ) latest technologies such as Rapid Start and Smart Connect, which will enable users to remain connected and responsive anywhere.
The Ultrabook will support huge file storage with 128/256 GB (gigabyte) solid state drive options, as well as an additional 100 GB of cloud storage through Dell DataSafe online application, for free. DataSafe Online protects data by placing backup copies on a secure storage site using Internet connection.
Dell's XPS 13 is less than 3 pounds with 24-hour battery back-up and starts at $999. The Ultrabook, though a high-end product, is suitable for both consumer and corporate purposes. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers.
Apple's latest version of MacBook Air is well equipped with its updated operating system, X lion OS and Intel's Thunderbolt connectivity. The MacBook Air price starts at $999.
Dell's entry into the Ultrabook market actually signals its exit from the netbook market, which is being cannibalized by tablets. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. The new tablet will feature Microsoft Corp.'s ( MSFT ) Windows 8.
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs.
Apart from product launches, we are encouraged by Dell's endeavor to expand production capacity in China. In a weak PC scenario, we think that Dell's second operating unit in China could do well. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China.
Dell currently lags Hewlett-Packard Co. ( HPQ ), but is still ahead of Apple Inc. Currently, Dell has a Zacks #2 Rank, which equates to a short-term Buy recommendation.
DELL INC ( DELL ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop.
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. DELL INC ( DELL ): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
68eeebac-82af-4ccd-8364-ffd325495099
|
726811.0
|
2012-01-16 00:00:00 UTC
|
Dell to Enhance Consumer Experience - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-enhance-consumer-experience-analyst-blog-2012-01-16-1
|
nan
|
nan
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop. The ultra portable gadget is expected to enhance user experience with Intel Inc.'s ( INTC ) latest technologies such as Rapid Start and Smart Connect, which will enable users to remain connected and responsive anywhere.
The Ultrabook will support huge file storage with 128/256 GB (gigabyte) solid state drive options, as well as an additional 100 GB of cloud storage through Dell DataSafe online application, for free. DataSafe Online protects data by placing backup copies on a secure storage site using Internet connection.
Dell's XPS 13 is less than 3 pounds with 24-hour battery back-up and starts at $999. The Ultrabook, though a high-end product, is suitable for both consumer and corporate purposes. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers.
Apple's latest version of MacBook Air is well equipped with its updated operating system, X lion OS and Intel's Thunderbolt connectivity. The MacBook Air price starts at $999.
Dell's entry into the Ultrabook market actually signals its exit from the netbook market, which is being cannibalized by tablets. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. The new tablet will feature Microsoft Corp.'s ( MSFT ) Windows 8.
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs.
Apart from product launches, we are encouraged by Dell's endeavor to expand production capacity in China. In a weak PC scenario, we think that Dell's second operating unit in China could do well. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China.
Dell currently lags Hewlett-Packard Co. ( HPQ ), but is still ahead of Apple Inc. Currently, Dell has a Zacks #2 Rank, which equates to a short-term Buy recommendation.
DELL INC ( DELL ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop.
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. DELL INC ( DELL ): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
06b310e5-843a-41fc-a577-666f2e5b285a
|
726812.0
|
2012-01-16 00:00:00 UTC
|
Dell to Enhance Consumer Experience - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-enhance-consumer-experience-analyst-blog-2012-01-16-2
|
nan
|
nan
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop. The ultra portable gadget is expected to enhance user experience with Intel Inc.'s ( INTC ) latest technologies such as Rapid Start and Smart Connect, which will enable users to remain connected and responsive anywhere.
The Ultrabook will support huge file storage with 128/256 GB (gigabyte) solid state drive options, as well as an additional 100 GB of cloud storage through Dell DataSafe online application, for free. DataSafe Online protects data by placing backup copies on a secure storage site using Internet connection.
Dell's XPS 13 is less than 3 pounds with 24-hour battery back-up and starts at $999. The Ultrabook, though a high-end product, is suitable for both consumer and corporate purposes. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers.
Apple's latest version of MacBook Air is well equipped with its updated operating system, X lion OS and Intel's Thunderbolt connectivity. The MacBook Air price starts at $999.
Dell's entry into the Ultrabook market actually signals its exit from the netbook market, which is being cannibalized by tablets. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. The new tablet will feature Microsoft Corp.'s ( MSFT ) Windows 8.
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs.
Apart from product launches, we are encouraged by Dell's endeavor to expand production capacity in China. In a weak PC scenario, we think that Dell's second operating unit in China could do well. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China.
Dell currently lags Hewlett-Packard Co. ( HPQ ), but is still ahead of Apple Inc. Currently, Dell has a Zacks #2 Rank, which equates to a short-term Buy recommendation.
DELL INC ( DELL ): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. DELL INC ( DELL ): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
94f4e615-c579-4102-944a-a1f86cf552c7
|
726813.0
|
2012-01-15 00:00:00 UTC
|
Dell to Enhance Consumer Experience - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-enhance-consumer-experience-analyst-blog-2012-01-15
|
nan
|
nan
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop. The ultra portable gadget is expected to enhance user experience with Intel Inc.'s ( INTC ) latest technologies such as Rapid Start and Smart Connect, which will enable users to remain connected and responsive anywhere.
The Ultrabook will support huge file storage with 128/256 GB (gigabyte) solid state drive options, as well as an additional 100 GB of cloud storage through Dell DataSafe online application, for free. DataSafe Online protects data by placing backup copies on a secure storage site using Internet connection.
Dell's XPS 13 is less than 3 pounds with 24-hour battery back-up and starts at $999. The Ultrabook, though a high-end product, is suitable for both consumer and corporate purposes. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers.
Apple's latest version of MacBook Air is well equipped with its updated operating system, X lion OS and Intel's Thunderbolt connectivity. The MacBook Air price starts at $999.
Dell's entry into the Ultrabook market actually signals its exit from the netbook market, which is being cannibalized by tablets. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. The new tablet will feature Microsoft Corp.'s ( MSFT ) Windows 8.
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs.
Apart from product launches, we are encouraged by Dell's endeavor to expand production capacity in China. In a weak PC scenario, we think that Dell's second operating unit in China could do well. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China.
Dell currently lags Hewlett-Packard Co. ( HPQ ), but is still ahead of Apple Inc. Currently, Dell has a Zacks #2 Rank, which equates to a short-term Buy recommendation.
DELL INC ( DELL ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's endeavour to boost the lackluster PC demand is based on the hope that the rise of smartphones and tablets could not curb the physical existence of PCs. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor and favorable inter-country business relationships) that Dell enjoys in China. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Earlier this week, Dell introduced the XPS 13 laptop.
|
Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops. Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. DELL INC ( DELL ): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Dell's XPS 13 could challenge Apple Inc.'s ( AAPL )'s MacBook Air in the rapidly growing market for ultra portable computers. Dell also intends to enter the increasingly crowded tablet market with its own tablet later this year. Dell Inc. ( DELL ) has started the new year with a new offering -- Ultrabook -- the thinnest and most powerful iteration of laptops.
|
d230078c-b0e8-45de-815a-7fce287d4b7b
|
726814.0
|
2012-01-13 00:00:00 UTC
|
Decline in PC Shipments Continue - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/decline-in-pc-shipments-continue-analyst-blog-2012-01-13
|
nan
|
nan
|
Personal Computer ( PC ) shipments continue to struggle as research firms Gartner and IDC reported a decline in PC shipments for the fourth quarter of 2011. Gartner and IDC estimate 1.4% and 0.2% declines in worldwide PC shipments, respectively in the fourth quarter.
Worldwide PC shipments for the fourth quarter were in the range of 92 million and 93 million, as per Gartner and IDC. The adjusted figures could be gathered from the PC makers, as the companies release their quarterly reports in the coming weeks.
This decline in PC shipments is attributable to various factors, the most important of them being the growing popularity of the mobile devices that are more convenient, less expensive and almost as powerful as PCs. The massive popularity of smartphones was primarily responsible for the decline in PC sales.
In this regard, the iPhone needs a special mention as Apple Inc's . ( AAPL ) iconic device has garnered a massive fan following since its launch in 2007. Google Inc.'s ( GOOG ) Android operating system (used in more than 200 million smartphones across the world) has also contributed to the popularity of smartphones, which in turn has affected PC sales. This apart, with the advent of tablets, which are becoming increasingly popular, PC sales have further deteriorated.
Global PC major Hewlett-Packard Company ( HPQ ) leads the pack with 16.0% of the total market share. The second and third positions are held by Lenovo and Dell Inc. ( DELL ), respectively, with 14.0% and 13.0% market share.
The problems for the PC manufacturers were aggravated by the recent flood in Thailand, which disrupted the hard disk manufacturing process for some time, leading to hard-disk drive shortages, and thereby leading to a price increase, with a corresponding pressure on margins. The increase in costs is somewhat absorbed by the PC manufacturers, while the other part is passed on to the consumers through price increases.
The greatest decline in PC shipments was reported in the US. Both Gartner and IDC calculated a fourth-quarter PC shipment decline of 5.0% to 6.0% in the US, which is the biggest fall in PC shipments in the last decade.
HP grabbed the top position in terms of PC sales in the U.S., despite a 16.0% decline in its fourth-quarter shipments. This massive drop in PC sales was attributable to HP's decision of selling its PC division, which did not materialize.
Moreover, worldwide PC shipments for the full year ranged from $352.0 to $353.0 million, based on the preliminary numbers from Gartner and IDC. As per Gartner, the full-year shipments edged up 50 basis points from 2010; while full-year shipments improved by 160 basis points.
We believe that lower tech spending, the growing popularity of tablets and increased smartphone usage will have a considerable effect on PC sales going forward.
APPLE INC ( AAPL ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The second and third positions are held by Lenovo and Dell Inc. ( DELL ), respectively, with 14.0% and 13.0% market share. APPLE INC ( AAPL ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. This decline in PC shipments is attributable to various factors, the most important of them being the growing popularity of the mobile devices that are more convenient, less expensive and almost as powerful as PCs.
|
APPLE INC ( AAPL ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. The second and third positions are held by Lenovo and Dell Inc. ( DELL ), respectively, with 14.0% and 13.0% market share. Personal Computer ( PC ) shipments continue to struggle as research firms Gartner and IDC reported a decline in PC shipments for the fourth quarter of 2011.
|
APPLE INC ( AAPL ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. The second and third positions are held by Lenovo and Dell Inc. ( DELL ), respectively, with 14.0% and 13.0% market share. Personal Computer ( PC ) shipments continue to struggle as research firms Gartner and IDC reported a decline in PC shipments for the fourth quarter of 2011.
|
The second and third positions are held by Lenovo and Dell Inc. ( DELL ), respectively, with 14.0% and 13.0% market share. APPLE INC ( AAPL ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. The massive popularity of smartphones was primarily responsible for the decline in PC sales.
|
d29a017d-946a-4389-8602-b3cee29237ea
|
726815.0
|
2012-01-12 00:00:00 UTC
|
Dell to Start Second China Inning - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-to-start-second-china-inning-analyst-blog-2012-01-12
|
nan
|
nan
|
The world's third largest PC maker Dell Inc. ( DELL ) is all set to open its second innings in China. Dell plans to start production in its newly constructed operating unit in Chengdu, Western China by coming February or late 2012.
This Chinese expansion is taking a long time to take off. The plan was initiated in September 2010, while the construction of the unit was started in September 2011. Previously, Dell expected the unit to be operational by the end of fiscal 2011, creating 3000 IT jobs.
Dell's efforts in this expansion complement the Chinese government's strategy to develop new trade relations. China's 'Go West' policy was aimed at developing economic cooperation with its western neighbors and cementing trade ties with Central Asian countries. We believe that Dell's expansion in China illustrates the country's new approach to international trade.
Along with Chengdu, Dell plans to open an additional office in Xiamen, situated in southeastern China. This proposed expansion will add 500 employees to the Dell family. Dell had its first operating unit in Xiamen.
According to Dell, the overall China expansion will cost more than $100 billion over the next 10 years on facilities, employment, research and development, as well as purchases from Chinese suppliers. We believe this massive capital expenditure is reflective of Dell's confidence in the region, boosted by a string of successes seen there.
According to the industry analyst firm IDC, demand for computer systems in western China will grow at a 21% annual rate through 2014. We believe that with a talented workforce and well-planned execution, Dell will be able to capitalize on the emerging opportunities in China.
Today, PC makers are not happy with the revenue figure or the extent of margin generation. Demands for PCs are low due to high consumer affinity toward mobile computing gadgets like laptop and tablets. Moreover, higher component pricing (higher prices for hard disk drives due supply shortages post Thailand flood) is pulling margins downward.
In such a situation, we think that Dell's second operating unit in China could do well. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor, favorable inter-country business relationship) that Dell can achieve in China.
Dell currently lags behind the topper Hewlett-Packard Co. ( HPQ ) and Lenovo, but is still ahead of players like Acer and Apple Inc. ( AAPL ).
Currently, Dell has a Zacks #2 Rank, which equates to a short-term Buy recommendation.
APPLE INC ( AAPL ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell plans to start production in its newly constructed operating unit in Chengdu, Western China by coming February or late 2012. Our assumptions are based on IDC's forecast and the economic benefit (cheap labor, favorable inter-country business relationship) that Dell can achieve in China. The world's third largest PC maker Dell Inc. ( DELL ) is all set to open its second innings in China.
|
Dell plans to start production in its newly constructed operating unit in Chengdu, Western China by coming February or late 2012. APPLE INC ( AAPL ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. The world's third largest PC maker Dell Inc. ( DELL ) is all set to open its second innings in China.
|
The world's third largest PC maker Dell Inc. ( DELL ) is all set to open its second innings in China. Dell plans to start production in its newly constructed operating unit in Chengdu, Western China by coming February or late 2012. APPLE INC ( AAPL ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Dell plans to start production in its newly constructed operating unit in Chengdu, Western China by coming February or late 2012. Dell's efforts in this expansion complement the Chinese government's strategy to develop new trade relations. Along with Chengdu, Dell plans to open an additional office in Xiamen, situated in southeastern China.
|
08d44825-352d-4f7a-b107-a7d3522d5003
|
726816.0
|
2012-01-11 00:00:00 UTC
|
Largest option buying in equities so far
|
DELL
|
https://www.nasdaq.com/articles/largest-option-buying-equities-so-far-2012-01-11
|
nan
|
nan
|
Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
Microsoft (MSFT): A block of 15,717 January 2014 35 calls was purchased for $1.27 as investors bet on a long-term rally. MSFT rose 0.14 percent to $27.88.
Yahoo (YHOO): More than 20,000 February 16 calls traded for $0.51 to $0.56, but volume was below open interest. Unusual buying was also detected in the February 17 calls. YHOO fell 0.32 percent to $15.46.
Rockwell Collins (COL): Investors bought and sold the January 55 puts with earnings scheduled for next week. COL fell 0.66 percent to $56.82.
Dell (DELL): A block of 7,500 August 13 puts were bought for $0.60 as investors look to guard against downside in the shares. DELL declined 0.88 percent to $15.68.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell (DELL): A block of 7,500 August 13 puts were bought for $0.60 as investors look to guard against downside in the shares. DELL declined 0.88 percent to $15.68. Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell (DELL): A block of 7,500 August 13 puts were bought for $0.60 as investors look to guard against downside in the shares. DELL declined 0.88 percent to $15.68.
|
Dell (DELL): A block of 7,500 August 13 puts were bought for $0.60 as investors look to guard against downside in the shares. DELL declined 0.88 percent to $15.68. Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
|
Dell (DELL): A block of 7,500 August 13 puts were bought for $0.60 as investors look to guard against downside in the shares. DELL declined 0.88 percent to $15.68. MSFT rose 0.14 percent to $27.88.
|
b183dd17-1f49-4bbf-88a5-53c0a258df23
|
726817.0
|
2012-01-06 00:00:00 UTC
|
H-P Expedites Real Estate Transfers - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/h-p-expedites-real-estate-transfers-analyst-blog-2012-01-06
|
nan
|
nan
|
Hewlett-Packard Company 's ( HPQ ) Converged Infrastructure suite was recently deployed by the First American Title Insurance company to upgrade its data center infrastructure. Financial terms of the deal were not disclosed.
The largest subsidiary of First American Financial Corporation ( FAF ), First American Title provides thorough title searches, title clearance and title insurance policies to facilitate real estate purchases, construction, refinances and equity loans. The company's operations expedite the transfer of real estate amongst the interested parties.
To manage this gigantic operation as well as to deliver services more swiftly, the company was searching for a reliable medium to switch its data center platform. The search was completed with the ProLiant DL980 G7 server, the most invaluable part of H-P's Converged Infrastructure Suite.
H-P's Converged Infrastructure solutions bring together servers, storage and networking products to manage data centers from a common platform. The Converged platform has been designed to make data center handling simpler, more flexible, efficient and cost effective.
The H-P solution helped First American Title to improve response times while reducing power usage and costs relating to the transfer of real estate.
H-P's Converged Infrastructure Suite has witnessed steady demand from various industrial sectors, looking to which the company strengthened the portfolio with the addition of 3Par Inc. (which was acquired in August 2011). Last year, H-P deployed the solution in many organizations to upgrade their data center infrastructures. In today's technology-driven world, the enterprise storage space is one of the most enviable growth areas. We believe that HP, with its renewed strength in the Converged portfolio, will remain well positioned to capitalize on this market.
Despite H-P's positive deal momentum, market position and compelling product line, we remain cautious about its future growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. Moreover, weak computing demand, weak position in the tablet market, which is dominated by Apple, hard disk drive shortages due to the Thailand flood and a strained IT spending in 2012 are concerns.
Currently, H-P has a short-term Hold recommendation (Zacks #3 Rank).
APPLE INC ( AAPL ): Free Stock Analysis Report
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
FIRST AMER FINL ( FAF ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Despite H-P's positive deal momentum, market position and compelling product line, we remain cautious about its future growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report FIRST AMER FINL ( FAF ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. H-P's Converged Infrastructure solutions bring together servers, storage and networking products to manage data centers from a common platform.
|
APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report FIRST AMER FINL ( FAF ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. Despite H-P's positive deal momentum, market position and compelling product line, we remain cautious about its future growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. Hewlett-Packard Company 's ( HPQ ) Converged Infrastructure suite was recently deployed by the First American Title Insurance company to upgrade its data center infrastructure.
|
APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report FIRST AMER FINL ( FAF ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. Despite H-P's positive deal momentum, market position and compelling product line, we remain cautious about its future growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. Hewlett-Packard Company 's ( HPQ ) Converged Infrastructure suite was recently deployed by the First American Title Insurance company to upgrade its data center infrastructure.
|
Despite H-P's positive deal momentum, market position and compelling product line, we remain cautious about its future growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report FIRST AMER FINL ( FAF ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report To read this article on Zacks.com click here. Hewlett-Packard Company 's ( HPQ ) Converged Infrastructure suite was recently deployed by the First American Title Insurance company to upgrade its data center infrastructure.
|
0edca0de-c28d-45de-8fca-5a7eb5c47a29
|
726818.0
|
2012-01-06 00:00:00 UTC
|
Apple's iPhone 4S Reaches China - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/apples-iphone-4s-reaches-china-analyst-blog-2012-01-06
|
nan
|
nan
|
The increasing popularity of Apple Inc. 's ( AAPL ) iPhone 4S has prompted the company to launch the latest version of the smartphone in China and 21 other countries on Friday, January 13. With the recent launch, iPhone 4S will now be available in 90 countries.
Apple's iPhone 4S is based on the new A5 processor (used in iPad2), which significantly accelerates operations. Another addition to the 4S is Siri, a voice recognition command system to initiate operations, access information and navigate through the various features within the phone.
Now coming to the upgrades, the iPhone 4S features an 8 mega pixel camera with an improved sensitivity light sensor and better lens quality. The camera response time has also been accelerated to facilitate faster clicking of pictures. Moreover, the video capture has been upgraded to 1080p HD. iPhone 4S comes with a 3.5 inch high resolution screen (same as the earlier versions) and has its usual black and white casings.
Priced at $199 (16 GB), $299 (32GB) and $399 (64 GB), the iPhone 4S is set to be an instant hit among Apple fans.
China had been on Apple's radar for a long time and has been the fastest growing region for the company. In the recently concluded quarter, China accounted for nearly 16% of Apple's revenue with a staggering 270% increase on a year-over-year basis.
Moreover, China accounted for 12% of Apple's revenue in fiscal 2011. Apple expects China to be a major contributor to its top-line growth going forward, especially since China has the largest population and a healthy economic growth outlook.
Apple has 40 patents related to mobile phones in China, including those for various user interface fundamentals and its speaker technology.
With lingering turmoil in the U.S. and Europe, Apple has finally reached out to the emerging markets, where several of its competitors are already well entrenched. Apple's ability to spur the popularity of the products in developing nations, where pricing is often an important consideration, will go a long way toward deciding the company's future growth. Judging from China's rapidly growing middle class and Apple's strategic superiority, this may not be an impossible task for the company.
Meanwhile, Apple remains entangled in various lawsuits against Samsung Electronics Co Ltd and Taiwan's HTC Corp in various countries. Of course, the uncertain outcome of these legal tussles and impending lawsuits against several companies in different countries will remain overhangs on the stock going forward.
Apple's primary smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets.
However, so far Apple has managed to maintain its leadership position in the tablet market, and enjoys a very strong position in smartphone markets as well.
We maintain our Neutral recommendation over the long term (6-12 months). Currently, Apple has a Zacks #3 Rank, which implies a Hold rating in the near term.
APPLE INC ( AAPL ): Free Stock Analysis Report
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
RESEARCH IN MOT ( RIMM ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Apple's primary smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report RESEARCH IN MOT ( RIMM ): Free Stock Analysis Report To read this article on Zacks.com click here. The increasing popularity of Apple Inc. 's ( AAPL ) iPhone 4S has prompted the company to launch the latest version of the smartphone in China and 21 other countries on Friday, January 13.
|
Apple's primary smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report RESEARCH IN MOT ( RIMM ): Free Stock Analysis Report To read this article on Zacks.com click here. The increasing popularity of Apple Inc. 's ( AAPL ) iPhone 4S has prompted the company to launch the latest version of the smartphone in China and 21 other countries on Friday, January 13.
|
Apple's primary smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report RESEARCH IN MOT ( RIMM ): Free Stock Analysis Report To read this article on Zacks.com click here. The increasing popularity of Apple Inc. 's ( AAPL ) iPhone 4S has prompted the company to launch the latest version of the smartphone in China and 21 other countries on Friday, January 13.
|
Apple's primary smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report RESEARCH IN MOT ( RIMM ): Free Stock Analysis Report To read this article on Zacks.com click here. The increasing popularity of Apple Inc. 's ( AAPL ) iPhone 4S has prompted the company to launch the latest version of the smartphone in China and 21 other countries on Friday, January 13.
|
f88e3e19-f5fe-409c-a9ab-83c0d8be192d
|
726819.0
|
2011-12-29 00:00:00 UTC
|
DRAM Pricing Remains a Concern - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dram-pricing-remains-a-concern-analyst-blog-2011-12-29
|
nan
|
nan
|
While the world spins, technology spins even faster. This makes the sector all important for every business and industry. Considering its significance, we hardly see a technologically backward company as thriving in this competitive world.
But since the 2009 recession, the sector has seen a setback, in particular due to the weak PC demand. This has pushed not only the PC-makers such as Dell Inc. ( DELL ) and Hewlett-Packard Co. ( HPQ ) but also the component manufacturers to a zone of long-term uncertainty.
One of the prime components of PC is Dynamic Random Access Memory ( DRAM ) chip, which acts as the primary memory of the central processing unit.
Suppliers of DRAM chips are facing a bleak future, which according to research firm IHS iSuppli is due to the rising debt crisis and poor PC sales as consumers migrate to the more trendy smartphones and tablets. This has led to excess inventory in the distribution channels leading to an oversupply position, which has ultimately pushed prices down.
The major players in this industry are Micron Technology Inc. ( MU ), Samsung Electronics, Hynix Semiconductors, Elpida and Nanya Technologies. The DRAM business appears endangered for all these companies.
Micron reported its first quarter fiscal 2012 results last week, with a net loss of $187.0 million or 19 cents per share, compared to net income of $155.0 million or 15 cents in the year-ago quarter. Its DRAM segment was the weakest performer partially offset by a stable performance by the NAND flash segment.
DRAM revenue fell 8.9% sequentially in the third quarter for Samsung due to a 17.0% decrease in the average selling price ( ASP ). However, Samsung managed to grow its market share by 3.0%. But the market share of Elpida, Nanya and Hynix fell to some degree.
Now, this lingering concern could give rise to industry consolidation. Last week, a Japanese business daily (Nikkei) published the news of a possible merger between local chip maker Elpida and its Taiwanese rival Nanya Tech. However, Nanya's chairman completely denied the statement stating that they are caught up in a legal patent issue.
We think that consolidations could save the DRAM market from its present predicament. If the Elpida-Nanya Tech merger materializes, their joint market share will get a solid boost. But this could hamper Nanya's relation with Micron as they share a long-time partnership. In a way, the merger may not prove beneficial for Micron, but for the overall industry.
Market sources state that manufacturers have already restricted their production capacity and have put a check on their inventories. The initiatives are showing good results on DRAM pricing.
Based on this news, we look forward to better DRAM fundamentals in 2012.
Currently, Micron has a Zacks Rank #3, implying a short-term Hold recommendation.
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
MICRON TECH ( MU ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
This has pushed not only the PC-makers such as Dell Inc. ( DELL ) and Hewlett-Packard Co. ( HPQ ) but also the component manufacturers to a zone of long-term uncertainty. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report MICRON TECH ( MU ): Free Stock Analysis Report To read this article on Zacks.com click here. Suppliers of DRAM chips are facing a bleak future, which according to research firm IHS iSuppli is due to the rising debt crisis and poor PC sales as consumers migrate to the more trendy smartphones and tablets.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report MICRON TECH ( MU ): Free Stock Analysis Report To read this article on Zacks.com click here. This has pushed not only the PC-makers such as Dell Inc. ( DELL ) and Hewlett-Packard Co. ( HPQ ) but also the component manufacturers to a zone of long-term uncertainty. The major players in this industry are Micron Technology Inc. ( MU ), Samsung Electronics, Hynix Semiconductors, Elpida and Nanya Technologies.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report MICRON TECH ( MU ): Free Stock Analysis Report To read this article on Zacks.com click here. This has pushed not only the PC-makers such as Dell Inc. ( DELL ) and Hewlett-Packard Co. ( HPQ ) but also the component manufacturers to a zone of long-term uncertainty. The major players in this industry are Micron Technology Inc. ( MU ), Samsung Electronics, Hynix Semiconductors, Elpida and Nanya Technologies.
|
This has pushed not only the PC-makers such as Dell Inc. ( DELL ) and Hewlett-Packard Co. ( HPQ ) but also the component manufacturers to a zone of long-term uncertainty. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report MICRON TECH ( MU ): Free Stock Analysis Report To read this article on Zacks.com click here. This makes the sector all important for every business and industry.
|
137d08da-650c-42e2-aabc-28f5142e77b6
|
726820.0
|
2011-12-22 00:00:00 UTC
|
Stock Market News for December 22, 2011 - Market News
|
DELL
|
https://www.nasdaq.com/articles/stock-market-news-for-december-22-2011-market-news-2011-12-22
|
nan
|
nan
|
On Wednesday, markets recouped some of their initial losses during an afternoon rally and benchmarks finished almost mixed. Nonetheless, with concerns gaining an upper hand gains were not strong enough to return a broad cheer to the markets. To sum up, Oracle disappointed heavily with its quarter results, existing home sales data was gloomy, and long-term refinancing operation by the ECB left some apprehensions over the debt scenario.
The Dow Jones Industrial Average (DJIA) edged up by a mere 0.03% to close the day at 12,107.74. The Standard & Poor 500 (S&P 500) gained 0.2% to settle at 1,243.72. The tech-laden Nasdaq Composite Index inched down a percent and finished yesterday's trading session at 2,577.97. The fear-gauge CBOE Volatility Index (VIX) slumped to its lowest point in many months, declining 7.7% to finish the day at 21.43. On the New York Stock Exchange (NYSE) total volume remained low at 3.58 billion shares. For every 60% of the stocks that advanced, 37% stocks declined. The remaining 3% of the stocks remained unchanged.
The tech sector was a heavy laggard and the Technology Select Sector SPDR ( XLK ) fund was down 1.6%. Disappointing quarter results by Oracle Corporation (NASDAQ: ORCL ) dragged the broader index down, and Oracle itself suffered a slump of 11.7% in its share prices. Oracle's adjusted second quarter earnings of 54 cents per share was below the Street's expectations and the software major also reported a drop in both hardware and software sales. Oracle's earnings miss was all the more in focus as it was the company's first earnings miss in almost a decade.
The result weighed heavily on investors' mind, and they grew wary of the general technology sphere and also the overall business and economic outlook. These concerns were well reflected through the dismal performances of the other tech bellwethers' stocks. International Business Machines Corp. (NYSE: IBM ), Dell Inc. (NASDAQ: DELL ), Hewlett-Packard Company (NYSE: HPQ ) and Cisco Systems, Inc. (NASDAQ: CSCO ) dropped 3.1%, 3.0%, 1.8% and 2.6%, respectively.
On the economic front, home sales data from the National Association Realtors (NAR) acted as an overhang and its report on revised home sale counts of 2007 that elaborated that existing home sales to be 14.3% worse than previously reported came as a disappointment to investors. Total existing-home sales increased 4.0% to a seasonally adjusted annual rate of 4.42 million in November. Nonetheless, the sales number for the month of October was revised down to 4.25 million. The report also stated some historic revisions, which weighed down investor sentiment. According to the NAR: "The 2010 benchmark shows there were 4,190,000 existing-home sales last year, a 14.6 percent revision from the previously projected 4,908,000 sales. For the total period of 2007 through 2010, sales and inventory were downwardly revised by 14.3 percent. The revisions are expected to have a minor impact on future revisions to Gross Domestic Product".
On the European front, the European Central Bank (ECB) provided three-year loans at an extremely low rate of 1% to 523 banks, and announced it was lending almost $640 billion to them. However, onlookers opined that the lending, which is one of the biggest amounts for a single operation, reflects the dismal state of the economy. Investors were apprehensive of the fact that with so many banks jumping in, the move reflects the ill health of all these banks. Concerns have also emerged about how effective such a move will be to deal with the debt crisis in the long term.
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
INTL BUS MACH ( IBM ): Free Stock Analysis Report
ORACLE CORP (ORCL): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
International Business Machines Corp. (NYSE: IBM ), Dell Inc. (NASDAQ: DELL ), Hewlett-Packard Company (NYSE: HPQ ) and Cisco Systems, Inc. (NASDAQ: CSCO ) dropped 3.1%, 3.0%, 1.8% and 2.6%, respectively. CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. To sum up, Oracle disappointed heavily with its quarter results, existing home sales data was gloomy, and long-term refinancing operation by the ECB left some apprehensions over the debt scenario.
|
International Business Machines Corp. (NYSE: IBM ), Dell Inc. (NASDAQ: DELL ), Hewlett-Packard Company (NYSE: HPQ ) and Cisco Systems, Inc. (NASDAQ: CSCO ) dropped 3.1%, 3.0%, 1.8% and 2.6%, respectively. CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. To sum up, Oracle disappointed heavily with its quarter results, existing home sales data was gloomy, and long-term refinancing operation by the ECB left some apprehensions over the debt scenario.
|
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. International Business Machines Corp. (NYSE: IBM ), Dell Inc. (NASDAQ: DELL ), Hewlett-Packard Company (NYSE: HPQ ) and Cisco Systems, Inc. (NASDAQ: CSCO ) dropped 3.1%, 3.0%, 1.8% and 2.6%, respectively. To sum up, Oracle disappointed heavily with its quarter results, existing home sales data was gloomy, and long-term refinancing operation by the ECB left some apprehensions over the debt scenario.
|
International Business Machines Corp. (NYSE: IBM ), Dell Inc. (NASDAQ: DELL ), Hewlett-Packard Company (NYSE: HPQ ) and Cisco Systems, Inc. (NASDAQ: CSCO ) dropped 3.1%, 3.0%, 1.8% and 2.6%, respectively. CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. On the New York Stock Exchange (NYSE) total volume remained low at 3.58 billion shares.
|
bc3b18da-1861-4510-b751-6eeb84241f28
|
726821.0
|
2011-12-19 00:00:00 UTC
|
Apple Update: Should Avoid Supply Disruptions that Hit Intel
|
DELL
|
https://www.nasdaq.com/articles/apple-update-should-avoid-supply-disruptions-hit-intel-2011-12-19
|
nan
|
nan
|
Intel ( INTC ) recently lowered its revenue outlook for Q4 2011 by $1 billion from previously estimated $14.7 billion to $13.7 billion. The company blamed this shortfall on the supply shortage of hard disk drives resulting from floods in Thailand. This is an issue that impacts all PC makers, and hence HP ( HPQ ), Dell ( DELL ) and Apple ( AAPL ) should also get affected. However, we believe that Apple has proven in the past that it cant manage supply chain related issues better than its rivals and so we don't expect much of an impact for its Mac line.
Our $500 price estimate for Apple stock is about 30% above market price.
See our complete analysis for Apple stock here
Apple continues to overcome supply chain issues
In the past, Apple has overcome its supply related issues which includes shortages of both labor and materials at its plants in China and the Japanese earthquake leading to a squeeze in raw material supply (see Apple Eyes $430 as Component Prices Improve ). According to an in-depth report by Bloomberg BusinessWeek, Apple will continue to enjoy operational efficiency through upfront cash payments offered to its suppliers as "strategic weapons" to secure a significant advantage over its rivals. By managing the supply chain efficiently, the company is in a better position to negotiate its terms with suppliers.
Apple should be able to maintain Mac sales growth
The overall PC market growth is expected to be slow due to slowing demand and supply chain related issues such as a shortage of hard disk drives mentioned above. However, given the negotiating power that Apple has over its suppliers, it should be able to maintain its Mac sales growth resulting in market share gains. At most, Apple might have to pay more to secure the supply of raw material through its suppliers. This could have a slight effect on the margins for its PC segment, but the market share gain should offset that loss.
Understand How a Company's Products Impact its Stock Price at Trefis
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
This is an issue that impacts all PC makers, and hence HP ( HPQ ), Dell ( DELL ) and Apple ( AAPL ) should also get affected. However, we believe that Apple has proven in the past that it cant manage supply chain related issues better than its rivals and so we don't expect much of an impact for its Mac line. According to an in-depth report by Bloomberg BusinessWeek, Apple will continue to enjoy operational efficiency through upfront cash payments offered to its suppliers as "strategic weapons" to secure a significant advantage over its rivals.
|
This is an issue that impacts all PC makers, and hence HP ( HPQ ), Dell ( DELL ) and Apple ( AAPL ) should also get affected. See our complete analysis for Apple stock here Apple continues to overcome supply chain issues In the past, Apple has overcome its supply related issues which includes shortages of both labor and materials at its plants in China and the Japanese earthquake leading to a squeeze in raw material supply (see Apple Eyes $430 as Component Prices Improve ). Apple should be able to maintain Mac sales growth The overall PC market growth is expected to be slow due to slowing demand and supply chain related issues such as a shortage of hard disk drives mentioned above.
|
This is an issue that impacts all PC makers, and hence HP ( HPQ ), Dell ( DELL ) and Apple ( AAPL ) should also get affected. See our complete analysis for Apple stock here Apple continues to overcome supply chain issues In the past, Apple has overcome its supply related issues which includes shortages of both labor and materials at its plants in China and the Japanese earthquake leading to a squeeze in raw material supply (see Apple Eyes $430 as Component Prices Improve ). Apple should be able to maintain Mac sales growth The overall PC market growth is expected to be slow due to slowing demand and supply chain related issues such as a shortage of hard disk drives mentioned above.
|
This is an issue that impacts all PC makers, and hence HP ( HPQ ), Dell ( DELL ) and Apple ( AAPL ) should also get affected. See our complete analysis for Apple stock here Apple continues to overcome supply chain issues In the past, Apple has overcome its supply related issues which includes shortages of both labor and materials at its plants in China and the Japanese earthquake leading to a squeeze in raw material supply (see Apple Eyes $430 as Component Prices Improve ). Apple should be able to maintain Mac sales growth The overall PC market growth is expected to be slow due to slowing demand and supply chain related issues such as a shortage of hard disk drives mentioned above.
|
cdf6b69b-ddd4-4d82-9e5e-08ece128eb75
|
726822.0
|
2011-12-15 00:00:00 UTC
|
The Time for Tech? 7 Tech Stocks Insiders Want Most
|
DELL
|
https://www.nasdaq.com/articles/time-tech-7-tech-stocks-insiders-want-most-2011-12-15
|
nan
|
nan
|
(Written by Rebecca Lipman. Author owns shares of DELL)
Statistics released on Friday indicate that corporate spending is up, a promising economic indicator that has boosted profit forecasts for computer and software markers.
In fact, profit forecasts are holding up better than any industry in the world, according to Bloomberg. It’s “a sign of confidence that corporate spending will keep the American economy expanding next year,” despite Europe’s spreading debt crisis and China’s slow growth.
Data Breakdown
According to 2,900 analyst projections compiled by Bloomberg, net income at companies from Apple Inc. (AAPL) to Oracle Corp. (ORCL) will rise 11% in 2012 on average.
According to the Commerce Department, investment in equipment and software climbed at a 15.6% annual pace in the third quarter, its highest since 2008. Technology expenditures may climb 3.9% to $2.7 trillion in 2012, according to the research firm Gartner Inc. (via Bloomberg)
Projections for technology companies have fallen less than any other group in the MSCI World this year: Consider that the profit estimate for tech is down 2.3% while utility forecasts were cut the most at 29%.
Technology stocks on the MSCI have a PEG ratio of 0.87 (the closer the ratio is to 0, the cheaper the company). The valuations are comparatively cheap when you consider that the Household product-makers trade at 1.49, healthcare is at 1.11.
Investing Ideas
Technology stocks have long been considered “undervalued.” Could an increasing number of studies highlighting technology as the savior of the US economy jumpstart its valuations?
Are you interested in getting involved with the technology sector? If so, you may find it worthwhile to explore the sentiment of company insiders.
Insider buying (when its insiders like upper management and board executives personally buy company stock) is a bullish indicator for a company. Companies seeing this strong vote of confidence could outperform just like their employees predict.
When insiders buy their company’s stock, it not only indicates that they have an optimistic outlook for the company, it may also indicate that they believe the stock is attractively priced.
Tech company insiders are buying up these names, do you agree with their optimism?
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
1. Motorola Solutions, Inc. (MSI): Provides business and mission critical communication products and services for enterprise and government customers worldwide. Market cap of $15.20B. Net insider shares purchased over the last six months at 17.60M, which is 6.73% of the company's 261.49M share float.
2. GeoEye, Inc. (GEOY): Provides earth imagery and imagery information products, as well as image processing services to the United States and foreign government defense and intelligence organizations, domestic federal and foreign civil agencies, and commercial customers. Market cap of $421.83M. Net insider shares purchased over the last six months at 810.0K, which is 4.07% of the company's 19.92M share float.
3. VMware, Inc. (VMW): Provides virtualization and virtualization-based cloud infrastructure solutions primarily in the United States. Market cap of $39.71B. Net insider shares purchased over the last six months at 1.62M, which is 2.09% of the company's 77.69M share float.
4. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Market cap of $27.70B. Net insider shares purchased over the last six months at 17.23M, which is 1.13% of the company's 1.52B share float.
5. Merge Healthcare Incorporated (MRGE): Provides health information technology interoperability solutions. Market cap of $433.49M. Net insider shares purchased over the last six months at 281.0K, which is 1.07% of the company's 26.14M share float.
6. Take-Two Interactive Software Inc. (TTWO): Develops, and distributes interactive entertainment software, hardware, and accessories worldwide. Market cap of $1.23B. Net insider shares purchased over the last six months at 458.75K, which is 0.63% of the company's 72.45M share float.
7. AOL, Inc. (AOL): Operates as a Web services company that offers a suite of brands and offerings for the worldwide audience. Market cap of $1.36B. Net insider shares purchased over the last six months at 490.0K, which is 0.51% of the company's 95.67M share float.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Author owns shares of DELL) Statistics released on Friday indicate that corporate spending is up, a promising economic indicator that has boosted profit forecasts for computer and software markers. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. It’s “a sign of confidence that corporate spending will keep the American economy expanding next year,” despite Europe’s spreading debt crisis and China’s slow growth.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Author owns shares of DELL) Statistics released on Friday indicate that corporate spending is up, a promising economic indicator that has boosted profit forecasts for computer and software markers. Investing Ideas Technology stocks have long been considered “undervalued.” Could an increasing number of studies highlighting technology as the savior of the US economy jumpstart its valuations?
|
Author owns shares of DELL) Statistics released on Friday indicate that corporate spending is up, a promising economic indicator that has boosted profit forecasts for computer and software markers. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Net insider shares purchased over the last six months at 17.60M, which is 6.73% of the company's 261.49M share float.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Author owns shares of DELL) Statistics released on Friday indicate that corporate spending is up, a promising economic indicator that has boosted profit forecasts for computer and software markers. Insider buying (when its insiders like upper management and board executives personally buy company stock) is a bullish indicator for a company.
|
132d7c6a-bdd7-400e-adda-b8bbf9bbdae1
|
726823.0
|
2011-12-14 00:00:00 UTC
|
H-P Wins 7-year Agro Deal Renewal - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/h-p-wins-7-year-agro-deal-renewal-analyst-blog-2011-12-14
|
nan
|
nan
|
Hewlett-Packard Co. 's ( HPQ ) Swiss-arm has reportedly inked a seven-year information technology ( IT ) infrastructure service agreement with a globally acknowledged Swiss agribusiness company Syngenta Crop Protection AG. The contract price was kept confidential.
Formed in 2000, Syngenta AG is a vendor of seeds and pesticides across the world, also involved in biotechnology and genomic research.
Leveraging H-P's cloud computing solutions and data center support, Syngenta will shift some IT infrastructure to its private cloud. A private cloud is virtual technological infrastructure operated solely for a single organization, whether managed internally or by a third-party and hosted internally or externally. The cloud infrastructure will be Syngenta's platform for research and development activities. This will allow the company to deliver advanced agro products as and when required, ultimately helping growers to maximize their production.
Moreover, H-P's will extend its security and workplace services to Syngenta to secure its cloud environment as well as manage digital work-stations. Syngenta shares a long-term business relation with H-P and this deal renewal indicates the agro firm's unrelenting trust in the tech giant's services.
H-P has cut some more service deals in the past few months. Mortgage solutions provider Loan Value Group LLC selected H-P's services for five years. The Australian government selected H-P's technology service to design, build and maintain a portion of the information, communication and technology systems of the digital hospital.
Despite continuous deal wins, we remain cautious about the company's growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. Moreover, the expected decline in PC shipments stemming from the hard disk drive supply cut due to the Thailand flood is raising investor confusion over the stock.
H-P now has a short-term Hold recommendation (Zacks #3 Rank).
APPLE INC ( AAPL ): Free Stock Analysis Report
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Despite continuous deal wins, we remain cautious about the company's growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Hewlett-Packard Co. 's ( HPQ ) Swiss-arm has reportedly inked a seven-year information technology ( IT ) infrastructure service agreement with a globally acknowledged Swiss agribusiness company Syngenta Crop Protection AG.
|
Despite continuous deal wins, we remain cautious about the company's growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The Australian government selected H-P's technology service to design, build and maintain a portion of the information, communication and technology systems of the digital hospital.
|
APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Despite continuous deal wins, we remain cautious about the company's growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. Hewlett-Packard Co. 's ( HPQ ) Swiss-arm has reportedly inked a seven-year information technology ( IT ) infrastructure service agreement with a globally acknowledged Swiss agribusiness company Syngenta Crop Protection AG.
|
APPLE INC ( AAPL ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Despite continuous deal wins, we remain cautious about the company's growth, particularly as competition from other big technology players, such as Cisco Systems Inc. ( CSCO ), Apple Inc. ( AAPL ), Acer and Dell Inc. ( DELL ) heats up. Hewlett-Packard Co. 's ( HPQ ) Swiss-arm has reportedly inked a seven-year information technology ( IT ) infrastructure service agreement with a globally acknowledged Swiss agribusiness company Syngenta Crop Protection AG.
|
e45a5518-2d5c-4f4c-be29-56c18ecb6f75
|
726824.0
|
2011-12-08 00:00:00 UTC
|
Near-term Challenges Linger for HP - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/near-term-challenges-linger-for-hp-analyst-blog-2011-12-08
|
nan
|
nan
|
HP Australia Pty. Ltd., the Australian arm of Hewlett Packard Company ( HPQ ), recently announced a seven-year infrastructure and applications services agreement with a 172-year-old rural services and automotive company, Elders Australia Ltd.
Through this deal, Elder expects to deploy cloud technology to launch its enterprise technology refresh program, known as Project Connect, in a cost effective manner. By deploying enterprise cloud technology, Elders seeks to secure processing capacity and real-time data access, which will help the company to rapidly adapt to the changing agri-business environment.
This deal will likely help Elder to drive innovation by getting new products and services to market faster, thus eliminating lengthy capital acquisition periods and system deployment processes. Moreover, according to Elder Australia, HP's cloud will provide robust infrastructural facilities and a service delivery model that will enable the company to enhance each of its program releases. The applications methodologies and tools provided by HP will help de-risk the legacy development components of the company.
Hewlett-Packard is increasing its international footprint to further grow revenues. Moreover, the company is also diversifying its manufacturing facilities across geographies. Consistent with this strategy, the company has opened an advanced manufacturing facility in China to enhance its ability to serve the fast-growing Chinese market and cash in on the rapidly developing West China market.
The company is well positioned to benefit from the fast-growing small and medium business ( SMB ) segment. It is also rationalizing its core portfolio by strengthening the core businesses and relocating some production to low-cost regions (such as the shift of its mono-laser business to Shanghai). Moreover, the company is currently intent on expanding its base in emerging economies.
Winning infrastructure deals may help the company to sustain its revenue stream, but the company still faces several challenges within its Personal Systems Group, including the threat of tablets and market share cannibalization by Asian competitors.
Although tablets can serve as an alternative to PCs for most everyday functions, we do not expect them to replace PCs any time in the near future. As tablets take market share from the PC business, Hewlett-Packard should do more to expand this business in our view. Especially because the company's products are still quite popular with consumers and the brand is one of the best.
Adopting an accretive strategy for countering competition from Asian as well as Western competitors remains a challenge for the company. The company's biggest Asian rival Lenovo has gained significant share over the past two years and surpassed Dell Inc. ( DELL ) to become the world's second largest PC company with 13.5% market share in the third quarter of 2011. So in a way Lenovo offers the most significant challenge for the company.
Hewlett-Packard has achieved a leadership position in China, which is a key growth market for the company. Going forward, improving business volumes without sacrificing margins will be the real challenge here.
As expected, Hewlett-Packard reported modest fourth quarter results, with revenue declining on a year-over-year basis. However, earnings in the quarter surpassed our expectation. Moreover, the company's margins declined due to exchange rate fluctuations and continued margin pressure in the services division.
This apart, the shortage of HDDs in the coming months, resulting from the recent flood in Thailand may hamper production. This is expected to negatively impact units, revenue and margins going forward, despite a rise in PC prices.
Although HP's CEO Meg Whitman is a sound leader, we believe that she has a tough job on her hands, especially as the company's business growth remains challenged owing to worsening external environment, including weak demand from Europe. We believe that she has to formulate effective strategies to improve the overall turnover of the company and also improve margins.
The company has a short-term Zacks #3 Rank (Hold rating).
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The company's biggest Asian rival Lenovo has gained significant share over the past two years and surpassed Dell Inc. ( DELL ) to become the world's second largest PC company with 13.5% market share in the third quarter of 2011. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. By deploying enterprise cloud technology, Elders seeks to secure processing capacity and real-time data access, which will help the company to rapidly adapt to the changing agri-business environment.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The company's biggest Asian rival Lenovo has gained significant share over the past two years and surpassed Dell Inc. ( DELL ) to become the world's second largest PC company with 13.5% market share in the third quarter of 2011. Ltd., the Australian arm of Hewlett Packard Company ( HPQ ), recently announced a seven-year infrastructure and applications services agreement with a 172-year-old rural services and automotive company, Elders Australia Ltd.
|
The company's biggest Asian rival Lenovo has gained significant share over the past two years and surpassed Dell Inc. ( DELL ) to become the world's second largest PC company with 13.5% market share in the third quarter of 2011. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Ltd., the Australian arm of Hewlett Packard Company ( HPQ ), recently announced a seven-year infrastructure and applications services agreement with a 172-year-old rural services and automotive company, Elders Australia Ltd.
|
The company's biggest Asian rival Lenovo has gained significant share over the past two years and surpassed Dell Inc. ( DELL ) to become the world's second largest PC company with 13.5% market share in the third quarter of 2011. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Moreover, according to Elder Australia, HP's cloud will provide robust infrastructural facilities and a service delivery model that will enable the company to enhance each of its program releases.
|
459db14b-60a1-483f-a398-f6a84d6c8ef3
|
726825.0
|
2011-12-07 00:00:00 UTC
|
H-P Owns Cloud Printing Strategy - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/h-p-owns-cloud-printing-strategy-analyst-blog-2011-12-07
|
nan
|
nan
|
Hewlett-Packard Co. ( HPQ ) reportedly acquired a German cloud-based printing software developer Hiflex Software GmbH, for an undisclosed amount. Through this acquisition, the company will be adding a cloud computing platform to its Imaging and Printing segment, thus facilitating the distribution of cloud-based printing solutions.
Founded in 1991, Hiflex emerged as a software developer that automated business and technical processes in the print and media industries. Its products include HIFLEX MIS (Management Information System), HIFLEX Print Support and an open web-to-print system namely HIFLEX Webshop.
Post integration, Hiflex will be allowed to offer its products and services to its current clientele that includes commercial printing, publishing, label and packaging companies.
Since 1984, when H-P introduced both inkjet and laser printers for the desktop, we have noticed only a handful of acquisitions in this space. In November 2005, the PC giant acquired Scitex Vision America Inc., which was a very small one ($230.0 million). But we think that the acquisition proved to be very significant for H-P later on.
Scitex Vision used to develop and manufacture digital printing presses and consumables for industrial applications including wide format graphic arts, packaging and textile. The acquisition helped the computing Godzilla expand its leadership in the industrial wide-format printing category, under the Scitex brand name.
We believe that with Hiflex Software in its kitty, H-P will be able to offer more web-friendly printers and provide better support to IPG's fundamentals. Despite H-P's market leadership, the IPG segment did not perform well in the last quarter. IPG revenue dropped 1.3% year over year to $6.09 billion, driven by lackluster performance mostly in all the sub-segments.
We believe that support from Hiflex's innovative zeal, technologies, intellectual properties and customer base would make this deal accretive to its earnings shortly. But stiff competition from Dell Inc. ( DELL ) and Lexmark Inc. ( LXK ) in the printing vertical is a concern.
Moreover, the expected decline in PC shipments stemming from the hard disk drive supply cut due to the Thailand flood is raising investor confusion over the stock.
H-P now has a short-term Hold recommendation (Zacks #3 Rank).
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
LEXMARK INTL ( LXK ): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
But stiff competition from Dell Inc. ( DELL ) and Lexmark Inc. ( LXK ) in the printing vertical is a concern. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report LEXMARK INTL ( LXK ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Post integration, Hiflex will be allowed to offer its products and services to its current clientele that includes commercial printing, publishing, label and packaging companies.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report LEXMARK INTL ( LXK ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. But stiff competition from Dell Inc. ( DELL ) and Lexmark Inc. ( LXK ) in the printing vertical is a concern. Hewlett-Packard Co. ( HPQ ) reportedly acquired a German cloud-based printing software developer Hiflex Software GmbH, for an undisclosed amount.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report LEXMARK INTL ( LXK ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. But stiff competition from Dell Inc. ( DELL ) and Lexmark Inc. ( LXK ) in the printing vertical is a concern. Hewlett-Packard Co. ( HPQ ) reportedly acquired a German cloud-based printing software developer Hiflex Software GmbH, for an undisclosed amount.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report LEXMARK INTL ( LXK ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. But stiff competition from Dell Inc. ( DELL ) and Lexmark Inc. ( LXK ) in the printing vertical is a concern. We believe that with Hiflex Software in its kitty, H-P will be able to offer more web-friendly printers and provide better support to IPG's fundamentals.
|
7af2fa76-d211-4618-8a2e-c832fbea53cc
|
726826.0
|
2011-12-05 00:00:00 UTC
|
WDC Raises December Guidance - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/wdc-raises-december-guidance-analyst-blog-2011-12-05
|
nan
|
nan
|
Disk drive and networking product manufacturer Western Digital Corp. ( WDC ) recently raised its guidance for the December quarter, notwithstanding the severe floods in Thailand, which affected the company's supply chain considerably.
For the upcoming December quarter, the company now expects revenues of approximately $1.8 billion and gross margins at the high end of its targeted range of 18.0% to 23.0%. This apart, the company expects to incur operating expenses of approximately $265.0 million, which typically excludes unusual charges related to the floods, acquisition-related expenses and litigation.
Moreover, the company expects unusual charges related to the floods in the range of $225.0 million to $275.0 million for the December quarter, exclusive of any insurance recovery. The company is also expected to file a property damage claim of at least $50.0 million and an additional claim for business interruption during the December quarter. The accounting treatment of these claims is dependent on their status at the end of the quarter. Moreover, the company expects acquisition related charges of approximately $15.0 million for the period.
Disk drive manufacturers like Western Digital and Seagate Technology ( STX ), which have large manufacturing facilities in Thailand, were hit hard by the natural catastrophe in July, which killed nearly 320 people and ravaged the industrialized areas.
The company's plants in Thailand account for nearly 60.0% of its production and help serve customers such as Hewlett-Packard Company ( HPQ ), Dell, Inc ( DELL ) and Acer Inc .
Apart from the existing manufacturing facility, the company is planning to start manufacturing operations known as head sliders in the March quarter, in regions like Thailand and Malaysia. Moreover, WDC expects the acquisition of Hitachi Global Storage Technologies to be completed during that period, subject to regulations imposed by the European Commission.
In light of the above mentioned facts, we believe that WDC is positive about reviving its operations in Thailand, which is already in demand among different PC manufacturers. Moreover, the company is trying to lower its interest expense by reducing its debt burden.
Although Western Digital is cash rich, its cash generation ability has been tempered by the stagnant pricing environment. Moreover, intense competition in the hard disk manufacturing space and increase in component cost price are headwinds for the company. On the positive side, a renewed interest in Thailand might help the company to improve its business fundamentals.
The company has a Zacks #3 Rank, implying a short-term Hold rating.
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
SEAGATE TECH ( STX ): Free Stock Analysis Report
WESTERN DIGITAL ( WDC ): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The company's plants in Thailand account for nearly 60.0% of its production and help serve customers such as Hewlett-Packard Company ( HPQ ), Dell, Inc ( DELL ) and Acer Inc . DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report SEAGATE TECH ( STX ): Free Stock Analysis Report WESTERN DIGITAL ( WDC ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Disk drive and networking product manufacturer Western Digital Corp. ( WDC ) recently raised its guidance for the December quarter, notwithstanding the severe floods in Thailand, which affected the company's supply chain considerably.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report SEAGATE TECH ( STX ): Free Stock Analysis Report WESTERN DIGITAL ( WDC ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The company's plants in Thailand account for nearly 60.0% of its production and help serve customers such as Hewlett-Packard Company ( HPQ ), Dell, Inc ( DELL ) and Acer Inc . Moreover, the company expects unusual charges related to the floods in the range of $225.0 million to $275.0 million for the December quarter, exclusive of any insurance recovery.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report SEAGATE TECH ( STX ): Free Stock Analysis Report WESTERN DIGITAL ( WDC ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The company's plants in Thailand account for nearly 60.0% of its production and help serve customers such as Hewlett-Packard Company ( HPQ ), Dell, Inc ( DELL ) and Acer Inc . Disk drive and networking product manufacturer Western Digital Corp. ( WDC ) recently raised its guidance for the December quarter, notwithstanding the severe floods in Thailand, which affected the company's supply chain considerably.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report SEAGATE TECH ( STX ): Free Stock Analysis Report WESTERN DIGITAL ( WDC ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The company's plants in Thailand account for nearly 60.0% of its production and help serve customers such as Hewlett-Packard Company ( HPQ ), Dell, Inc ( DELL ) and Acer Inc . Moreover, the company expects acquisition related charges of approximately $15.0 million for the period.
|
317d3e4e-0b08-47dc-8452-ac1476255764
|
726827.0
|
2011-12-05 00:00:00 UTC
|
Apple Fails to Get Injunction in US - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/apple-fails-to-get-injunction-in-us-analyst-blog-2011-12-05
|
nan
|
nan
|
On Friday, Apple Inc. ( AAPL ) suffered its second major setback of the week, as the U.S. District Court in San Jose, California, denied Apple an injunction bid to ban Samsung's smartphones and tablets in the US. According to the ruling, the court granted Samsung the right to sell its products in the country until the case goes to trial next year.
This is the second jolt to Apple, coming close on the heels of the Australian Federal Court ruling. On November 29, the Australian court ruled in favor of Samsung Electronics, clearing its way to sell the Galaxy 10.1 tablets in the country after the temporary ban ends on Dec 9.
The companies have been at loggerheads since April, suing each other over 30 patents across four continents. Apple's lawsuits are mainly targeted at design-related issues, while Samsung's lawsuits primarily focus on technology patents.
While the bans provided iPads with opportunities to capture consumer mindshare, these setbacks will likely tax the company. The look and feel of the iPad is a competitive differentiator and with these differences receding, Samsung is going to find it easier to compete with Apple. Additionally, there is always the fear that other courts may rule along the same lines.
Both verdicts have come at an opportune time for Samsung, since holiday sales are currently in full swing. Apple intended to stop Samsung from claiming their share of gains and wanted to enjoy the seasonal sales all alone in the U.S., which also happens to be Apple's primary market. However, it now appears that Apple's dominance in these markets could be threatened, while Samsung makes hay.
Apple has also been trying to stall the growth of Google Inc's ( GOOG ) Android OS. Samsung is leveraging on Android to become one of its most significant competitors and the company is already the largest vendor of Android-based products. The fact that Android is expected to continue its very strong growth all over the world is a major headache for Apple.
The latest report from Gartner suggests that Samsung became the top smartphone manufacturer worldwide as sales tripled year over year to reach 24 million in the third quarter of 2011. On the other hand, Apple shipped 17 million iPhones in the same period, a year-over-year increase of 21%, but down nearly 3 million units from the second quarter of 2011.
Additionally, in the third quarter of 2011, market share of Android OS had almost doubled from the year-ago quarter to 52.5%. Meanwhile, Apple's iOS had a 15.0% share, which declined from the previous year (16.6% in 3Q10).
However, Apple is expected to bounce back in the fourth quarter, going by the strong pre-order numbers for iPhone4S that came in right in the first weekend after its announcement. Emerging markets such as Brazil, Mexico, Russia and China are becoming more important to Apple, representing 16% of overall sales.
Apple has been impressive with its robust Black Friday sales in the domestic market, but its smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. Additionally, Amazon.com Inc. ( AMZN ) stepped into the intensely competitive tablet market with the launch of its first media tablet: "Kindle Fire".
Some analysts expect the lower-priced Kindle Fire to gain traction in the tablet market for the varied services and content offerings. Others believe that the company may not gain ground versus Apple just yet, although it could get other tablet makers to review their pricing. However, so far, Apple has managed to maintain its leadership position in the tablet market and enjoys a very strong position in the smartphone market as well.
Nonetheless, the impending lawsuits in different countries will remain an overhang on the stock going forward.
We also believe that Apple's ability to innovate and grow in developing nations, where the market is more cost-sensitive, will determine the company's fortunes in future.
We maintain our Neutral rating over the long term (6-12 months). Currently, Apple has a Zacks #2 Rank, which implies a 'Buy' rating in the near term.
APPLE INC ( AAPL ): Free Stock Analysis Report
AMAZON.COM INC ( AMZN ): Free Stock Analysis Report
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report
HEWLETT PACKARD (HPQ): Free Stock Analysis Report
RESEARCH IN MOT (RIMM): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Apple has been impressive with its robust Black Friday sales in the domestic market, but its smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. APPLE INC ( AAPL ): Free Stock Analysis Report AMAZON.COM INC ( AMZN ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report RESEARCH IN MOT (RIMM): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. On November 29, the Australian court ruled in favor of Samsung Electronics, clearing its way to sell the Galaxy 10.1 tablets in the country after the temporary ban ends on Dec 9.
|
Apple has been impressive with its robust Black Friday sales in the domestic market, but its smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. APPLE INC ( AAPL ): Free Stock Analysis Report AMAZON.COM INC ( AMZN ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report RESEARCH IN MOT (RIMM): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. However, so far, Apple has managed to maintain its leadership position in the tablet market and enjoys a very strong position in the smartphone market as well.
|
Apple has been impressive with its robust Black Friday sales in the domestic market, but its smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. APPLE INC ( AAPL ): Free Stock Analysis Report AMAZON.COM INC ( AMZN ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report RESEARCH IN MOT (RIMM): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Apple intended to stop Samsung from claiming their share of gains and wanted to enjoy the seasonal sales all alone in the U.S., which also happens to be Apple's primary market.
|
APPLE INC ( AAPL ): Free Stock Analysis Report AMAZON.COM INC ( AMZN ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report RESEARCH IN MOT (RIMM): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Apple has been impressive with its robust Black Friday sales in the domestic market, but its smartphone and tablet markets are crowded with the likes of Research In Motion Ltd. ( RIMM ), Hewlett-Packard Co. ( HPQ ), Dell Inc. ( DELL ), Samsung, Cisco Systems Inc. ( CSCO ), Toshiba and Acer, which are gaining popularity in several international markets. According to the ruling, the court granted Samsung the right to sell its products in the country until the case goes to trial next year.
|
f7ae84b4-6c81-48a9-9a88-191d6f270899
|
726828.0
|
2011-12-01 00:00:00 UTC
|
Accenture Health Care via AT&T - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/accenture-health-care-via-att-analyst-blog-2011-12-01
|
nan
|
nan
|
Accenture plc ( ACN ) is reportedly unveiling a new cloud-based solution targeting the health care industry. The comprehensive technical and management solutions provider also mentioned that the new offering will be made available virtually through AT&T Inc. 's ( T ) data centers. AT&T will host the solution leveraging its MIMM cloud service (custom made for imaging services), which was launched last June.
The new solution-- Accenture Medical Imaging Solution -- will go a long way in solving the challenges of physically storing medical images such as X-Ray, CT and MRI Scan, faced by hospitals and medical service providers. The solution will enable hospitals and their staff to quick access and share medical images in the cloud, ultimately leading to storage cost reductions. The solution will be beneficial for long-term preservation of the patient images for future reference, speeding up clinical decision making.
The global health care landscape is undergoing a fundamental change as insurers and providers adapt to new requirements for sharing electronic medical records. Transferring medical record into the cloud reduces storage and ownership costs and also mitigates physical space problems. We believe that Accenture's latest offering will soon catch the attention of health care providers, hastening deployments.
But let's watch out for the competitive scenario. International Business Machines Corp. ( IBM ) already has a suite for imaging and storing. Dell Inc. ( DELL ) is planning to launch a bunch of medical services in 2012, including cloud-based imaging solutions.
Dell's decision to expand the health care portfolio mainly rests on the surging global demand for storing, managing and sharing medical record on the cloud. The tech behemoth intends to do so with support from the acquisition of cloud-based, image management software and storage services provider InSite One Inc. in December 2010.
However, considering Accenture's position with customers, the company should continue to see a high rate of success with them, but we think it will have to compete harder for new ones.
Currently, Accenture has a Zacks #3 Rank, which implies a short-term Hold rating.
ACCENTURE PLC ( ACN ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
INTL BUS MACH ( IBM ): Free Stock Analysis Report
AT&T INC ( T ): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's decision to expand the health care portfolio mainly rests on the surging global demand for storing, managing and sharing medical record on the cloud. Dell Inc. ( DELL ) is planning to launch a bunch of medical services in 2012, including cloud-based imaging solutions. ACCENTURE PLC ( ACN ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report AT&T INC ( T ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
ACCENTURE PLC ( ACN ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report AT&T INC ( T ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell Inc. ( DELL ) is planning to launch a bunch of medical services in 2012, including cloud-based imaging solutions. Dell's decision to expand the health care portfolio mainly rests on the surging global demand for storing, managing and sharing medical record on the cloud.
|
Dell Inc. ( DELL ) is planning to launch a bunch of medical services in 2012, including cloud-based imaging solutions. ACCENTURE PLC ( ACN ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report AT&T INC ( T ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell's decision to expand the health care portfolio mainly rests on the surging global demand for storing, managing and sharing medical record on the cloud.
|
Dell Inc. ( DELL ) is planning to launch a bunch of medical services in 2012, including cloud-based imaging solutions. Dell's decision to expand the health care portfolio mainly rests on the surging global demand for storing, managing and sharing medical record on the cloud. ACCENTURE PLC ( ACN ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report AT&T INC ( T ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
5f465d5e-f208-46da-8276-23854e75bfe7
|
726829.0
|
2011-11-30 00:00:00 UTC
|
The Zacks Analyst Blog Highlights: Merge Healthcare, Dell, General Electronics, McKesson and American Eagle Outfitters - Press Releases
|
DELL
|
https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-merge-healthcare-dell-general-electronics-mckesson-and
|
nan
|
nan
|
For Immediate Release
Chicago, IL - November 30, 2011 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Merge Healthcare ( MRGE ), Dell, Inc ( DELL ), General Electronics ( GE ), McKesson Corporation ( MCK ) and American Eagle Outfitters Inc . ( AEO ).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Tuesday's Analyst Blog:
Merge Unveils Cloud-based Platform
Recently, Merge Healthcare ( MRGE ) showcased its new cloud-based platform 'Merge Honeycomb' along with its first application in the cloud, namely 'free image sharing' at the Radiological Society of North America (RSNA). This application enables users to upload, download, view and share medical images everywhere without the help of any additional software. Through this new solution the company intends to improve image interoperability and achieve the 'Meaningful Use' stamp from the federal government.
Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. The company expects to launch "Merge Honeycomb" in the first quarter of 2012, which led to a 17.5% increase in the stock price to $5.18 on Monday. Presently, Merge boasts the largest image sharing network opportunity with 6,000 clinics across the US,
This apart, Merge also displayed its Enterprise-Wide Image Interoperability with iConnect at the RSNA and demonstrated Merge RIS v7.0. Earlier, in October this year, Merge got the complete EHR Ambulatory certification for its RIS v7.0, which enables healthcare providers to efficiently record patient details. Merge also showcased Anywhere, Anytime Image Access with Merge PACS. Furthermore, the company hosted Hands-On CADstream Workshops for MRI Studies.
As per estimates, the US health IT ( HIT ) market, valued at $7.6 billion in 2010, is expected to grow to $9.6 billion by 2014. The US HIT market is gradually adopting EHRs to meet the funding requirements under the Health Information Technology for Economic and Clinical Health (HITECH) Act. It aims to expand the use of EHR by medical practitioners, in both ambulatory and hospital-based settings. As a result, selected companies in this space are witnessing heightened investor interest. Favorable demographic trends, reinforced by a supportive regulatory environment, are expected to sustain strong growth in demand for EHR-related software in the foreseeable future.
We believe this will benefit Merge in the long run. Merge is presently well placed to garner a meaningful share in the multi-billion dollar HIT investment opportunity. However, in recent years, Medicare reimbursement for advanced medical imaging has declined significantly.
Further, the Centers for Medicare and Medicaid Services ( CMS ) implemented additional reimbursement changes using the Physician Payment Information Survey (PPIS) data, resulting in further reimbursements cuts in the range of 30%-40% for advanced modalities by 2013. This could negatively affect hospital and imaging clinic revenue, which in turn could reduce demand for imaging-related software and services offered by Merge.
Furthermore, the presence of many big players like General Electronics ( GE ) and McKesson Corporation ( MCK ) has made the diagnostic imaging market highly competitive.
Presently, Merge retains a short-term Zacks #3 Rank (Hold) which also corresponds to our long-term 'Neutral' recommendation on the stock.
Earnings Preview: American Eagle
American Eagle Outfitters Inc . ( AEO ) is scheduled to report its third-quarter 2011 financial results before the opening bell on November 30, 2011. The current Zacks Consensus Estimate for the quarter is earnings of 27 cents a share. For the quarter under review, revenue is expected to be 819.0 million, according to the Zacks Consensus Estimate.
Second-Quarter 2011 Synopsis
American Eagle's earnings in the second quarter decreased to 10 cents per share from its year-ago earnings of 13 cents per share, missing the Zacks Consensus Estimate of 11 cents a share. During the quarter, American Eagle's net sales went up 4.0% year over year to $676.0 million, still below the Zacks Consensus Estimate of $770 million. Same-store sales came in flat for the quarter.
Zacks Consensus
The analyst covered by Zacks expects American Eagle to post third-quarter 2011 earnings of 27 cents a share, which is lower than earnings of 29 cents delivered in the prior-year quarter. The current Zacks Consensus Estimate ranges between earnings of 26 cents and 28 cents a share.
For fiscal 2011, the Zacks Consensus Estimate stood at 90 cents per share, lower than the previous fiscal earnings of $1.02. The current Zacks estimate ranges between 81 cents and 95 cents a share.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 .
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 .
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
AMER EAGLE OUTF ( AEO ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
GENL ELECTRIC ( GE ): Free Stock Analysis Report
MCKESSON CORP (MCK): Free Stock Analysis Report
MERGE HEALTHCAR (MRGE): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Stocks recently featured in the blog include Merge Healthcare ( MRGE ), Dell, Inc ( DELL ), General Electronics ( GE ), McKesson Corporation ( MCK ) and American Eagle Outfitters Inc . Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. 9339 support@zacks.com http://www.zacks.com AMER EAGLE OUTF ( AEO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GENL ELECTRIC ( GE ): Free Stock Analysis Report MCKESSON CORP (MCK): Free Stock Analysis Report MERGE HEALTHCAR (MRGE): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Stocks recently featured in the blog include Merge Healthcare ( MRGE ), Dell, Inc ( DELL ), General Electronics ( GE ), McKesson Corporation ( MCK ) and American Eagle Outfitters Inc . 9339 support@zacks.com http://www.zacks.com AMER EAGLE OUTF ( AEO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GENL ELECTRIC ( GE ): Free Stock Analysis Report MCKESSON CORP (MCK): Free Stock Analysis Report MERGE HEALTHCAR (MRGE): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider.
|
9339 support@zacks.com http://www.zacks.com AMER EAGLE OUTF ( AEO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GENL ELECTRIC ( GE ): Free Stock Analysis Report MCKESSON CORP (MCK): Free Stock Analysis Report MERGE HEALTHCAR (MRGE): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Stocks recently featured in the blog include Merge Healthcare ( MRGE ), Dell, Inc ( DELL ), General Electronics ( GE ), McKesson Corporation ( MCK ) and American Eagle Outfitters Inc . Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider.
|
Stocks recently featured in the blog include Merge Healthcare ( MRGE ), Dell, Inc ( DELL ), General Electronics ( GE ), McKesson Corporation ( MCK ) and American Eagle Outfitters Inc . Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. 9339 support@zacks.com http://www.zacks.com AMER EAGLE OUTF ( AEO ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report GENL ELECTRIC ( GE ): Free Stock Analysis Report MCKESSON CORP (MCK): Free Stock Analysis Report MERGE HEALTHCAR (MRGE): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
aace98c5-e130-4226-b35b-aa347d2ee5b4
|
726830.0
|
2011-11-29 00:00:00 UTC
|
Merge Unveils Cloud-based Platform - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/merge-unveils-cloud-based-platform-analyst-blog-2011-11-29
|
nan
|
nan
|
Recently, Merge Healthcare ( MRGE ) showcased its new cloud-based platform 'Merge Honeycomb' along with its first application in the cloud, namely 'free image sharing' at the Radiological Society of North America (RSNA). This application enables users to upload, download, view and share medical images everywhere without the help of any additional software. Through this new solution the company intends to improve image interoperability and achieve the 'Meaningful Use' stamp from the federal government.
Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. The company expects to launch "Merge Honeycomb" in the first quarter of 2012, which led to a 17.5% increase in the stock price to $5.18 on Monday. Presently, Merge boasts the largest image sharing network opportunity with 6,000 clinics across the US,
|
Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. Recently, Merge Healthcare ( MRGE ) showcased its new cloud-based platform 'Merge Honeycomb' along with its first application in the cloud, namely 'free image sharing' at the Radiological Society of North America (RSNA). This application enables users to upload, download, view and share medical images everywhere without the help of any additional software.
|
Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. Recently, Merge Healthcare ( MRGE ) showcased its new cloud-based platform 'Merge Honeycomb' along with its first application in the cloud, namely 'free image sharing' at the Radiological Society of North America (RSNA). The company expects to launch "Merge Honeycomb" in the first quarter of 2012, which led to a 17.5% increase in the stock price to $5.18 on Monday.
|
Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. Recently, Merge Healthcare ( MRGE ) showcased its new cloud-based platform 'Merge Honeycomb' along with its first application in the cloud, namely 'free image sharing' at the Radiological Society of North America (RSNA). Presently, Merge boasts the largest image sharing network opportunity with 6,000 clinics across the US,
|
Earlier this month, Merge selected Dell, Inc ( DELL ) as its preferred cloud computing services provider. Recently, Merge Healthcare ( MRGE ) showcased its new cloud-based platform 'Merge Honeycomb' along with its first application in the cloud, namely 'free image sharing' at the Radiological Society of North America (RSNA). This application enables users to upload, download, view and share medical images everywhere without the help of any additional software.
|
ade97934-19a5-4965-a261-03bbd8000437
|
726831.0
|
2011-11-29 00:00:00 UTC
|
Gartner Releases 3Q Server Results - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/gartner-releases-3q-server-results-analyst-blog-2011-11-29
|
nan
|
nan
|
Technology research firm Gartner ( IT ) recently released its third quarter 2011 server shipment results. Server shipments in the reported quarter grew 7.2% on a year-over-year basis, while revenues generated by server shipments increased 5.2% from the year-ago quarter.
The industry witnessed worldwide growth, as most geographies,with the exception of Western Europeposted both shipment and revenue growth. Western Europewitnessed a revenue decline of 4.9% during the period. The Asia/Pacific saw the highest shipment growth, with revenues increasing 23.9%. Eastern Europe posted the highest revenue growth of 27.4% during the period.
Within the server segment, the x86 servers expanded considerably and reported unit and revenue growth of 7.6% and 9.3%, respectively. However, x86 server growth was relatively soft in Western Europe and the United States due to comparatively strong third quarter 2010 results.
This apart, the RISC/Itanium Worldwide Unix server shipments reported a modest decline of 6.8%, while vendor revenue increased 3.5% compared with the same quarter last year. The 'other' CPU category, which primarily includes mainframes, also witnessed a decline of 6.9%.
With respect to the individual server manufacturers, three of the top five global manufacturers reported year-over-year revenue growth, while server segment revenue of Hewlett-Packard ( HPQ ) and Oracle Inc ( ORCL ) declined on a year-over-year basis.
Based on the total revenue generated by the server segment, International Business Machines ( IBM ) emerged as the leader with 29.7% market share, with revenue growing 3.5% year over year. Hewlett-Packard was placed in the second position with 29.3% market share, a decline of 3.6% from the year-ago quarter. Dell Inc. ( DELL ) and Oracle were ranked third and fourth with 14.7% and 5.9% market share, respectively.
While HP retained the top position in terms of total shipments with 29.2% market share, followed by Dell and IBM with 21.8% and 12.1% market share, respectively. HP's worldwide server shipment share of 29.2% represented a 3.1% drop from the same quarter in 2010.
In terms of product category, blade server shipments rose 3.3% and revenues spiked 7.6% in the quarter. The rack-optimised form factor climbed 8.2% in shipments and 6.3% in revenue during the third quarter of 2011.
We believe that the demand for new servers in the upcoming fourth quarter will remain subdued due to lower demand, as a result of lower tech spending and the European debt crisis.
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
INTL BUS MACH ( IBM ): Free Stock Analysis Report
GARTNER INC -A ( IT ): Free Stock Analysis Report
ORACLE CORP ( ORCL ): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell Inc. ( DELL ) and Oracle were ranked third and fourth with 14.7% and 5.9% market share, respectively. While HP retained the top position in terms of total shipments with 29.2% market share, followed by Dell and IBM with 21.8% and 12.1% market share, respectively. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report GARTNER INC -A ( IT ): Free Stock Analysis Report ORACLE CORP ( ORCL ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report GARTNER INC -A ( IT ): Free Stock Analysis Report ORACLE CORP ( ORCL ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell Inc. ( DELL ) and Oracle were ranked third and fourth with 14.7% and 5.9% market share, respectively. While HP retained the top position in terms of total shipments with 29.2% market share, followed by Dell and IBM with 21.8% and 12.1% market share, respectively.
|
DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report GARTNER INC -A ( IT ): Free Stock Analysis Report ORACLE CORP ( ORCL ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell Inc. ( DELL ) and Oracle were ranked third and fourth with 14.7% and 5.9% market share, respectively. While HP retained the top position in terms of total shipments with 29.2% market share, followed by Dell and IBM with 21.8% and 12.1% market share, respectively.
|
Dell Inc. ( DELL ) and Oracle were ranked third and fourth with 14.7% and 5.9% market share, respectively. While HP retained the top position in terms of total shipments with 29.2% market share, followed by Dell and IBM with 21.8% and 12.1% market share, respectively. DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report GARTNER INC -A ( IT ): Free Stock Analysis Report ORACLE CORP ( ORCL ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
4b96b6f7-29b1-4dab-acd6-6301e549ed4d
|
726832.0
|
2011-11-25 00:00:00 UTC
|
The Zacks Analyst Blog Highlights: Dell, Hewlett-Packard, Intel, Microsoft and Advanced Micro Devices - Press Releases
|
DELL
|
https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-dell-hewlett-packard-intel-microsoft-and-advanced-micro
|
nan
|
nan
|
For Immediate Release
Chicago, IL - November 25, 2011 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Dell Inc. ( DELL ), Hewlett-Packard Co. ( HPQ ), Intel Corp. ( INTC ), Microsoft Corp. ( MSFT ) and Advanced Micro Devices Inc. ( AMD ).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Wednesday's Analyst Blog:
Dell to Overshadow H-P Servers
Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term. Dell missed its chance of becoming the leading PC shipment vendor after H-P's PC segment spin-off was called off by current CEO Meg Whitman.
The two companies saw their fortunes reverse in the last quarter, as Dell's server business did much better than H-P's. H-P has seen a few hurdles in the last few quarters. Even the recently concluded fourth quarter was lackluster. And now, we see H-P encountering another threat from its nearest competitor Dell.
Both companies have excelled in developing servers that bring the graphics processing unit (GPU) into the data center or high-performance computers (HPC). However, while H-P has mostly concentrated on the higher-end segment, Dell has been focused on the low end.
Yesterday, both Dell and H-P announced their newest technologies and ideas. H-P revealed a project named Odyssey, wherein the giant would implement the idea of combining the features of the UNIX operating system ( OS ) and its flagship x86 servers to provide a single server platform targeting the mission-critical computing segment, in which it has a rich experience of more than 25 years.
H-P reportedly is busy with the making of HP Integrity servers, HP NonStop systems and the HP-UX and OpenVMS operating systems. The yet-to-be released offerings feature Intel Corp. 's ( INTC ) Xeon processors, Microsoft Corp. 's ( MSFT ) Windows OS and LINUX OS.
Dell on the other hand, unveiled a suite of PowerEdge blade servers featuring the latest Opteron 6200 Series processors from Advanced Micro Devices Inc. ( AMD ). Dell asserts that this line of products will be far more competent than H-P's Proliant line of servers. The newest offerings are expected to be energy efficient, high speed performance gadgets suitable for various enterprise applications.
As per statistics provided by the U.S. market research firm Gartner during the second quarter of 2011, H-P topped its peers both in respect of revenue generated and shipments made. We don't have details of the third quarter. But on the basis of recently concluded quarters of the respective companies, we can see that Dell has performed much better than H-P.
Server and networking revenue increased 13.0% year over year, driven by continued momentum in server virtualization. Dell is being prudent in providing mission-critical services and solutions around the server, creating competitive differentiation, richer configurations and generating higher profits.
On the other hand, H-P witnessed a decline of roughly 4% in its Enterprise Servers and Storage & Networking segment. The decline was mostly due to the lackluster server business, which according to the company was due to a slower economic environment.
Given the increasing competition, there is every possibility of H-P losing its leading market position over time.
H-P has a Zacks #5 Rank, indicating a short-term Strong Sell rating. Dell currently holds a short-term Buy rating, as indicated by the Zacks #2 Rank.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 .
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 .
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
ADV MICRO DEV ( AMD ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
INTEL CORP ( INTC ): Free Stock Analysis Report
MICROSOFT CORP (MSFT): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell on the other hand, unveiled a suite of PowerEdge blade servers featuring the latest Opteron 6200 Series processors from Advanced Micro Devices Inc. ( AMD ). Dell is being prudent in providing mission-critical services and solutions around the server, creating competitive differentiation, richer configurations and generating higher profits. Stocks recently featured in the blog include Dell Inc. ( DELL ), Hewlett-Packard Co. ( HPQ ), Intel Corp. ( INTC ), Microsoft Corp. ( MSFT ) and Advanced Micro Devices Inc. ( AMD ).
|
Stocks recently featured in the blog include Dell Inc. ( DELL ), Hewlett-Packard Co. ( HPQ ), Intel Corp. ( INTC ), Microsoft Corp. ( MSFT ) and Advanced Micro Devices Inc. ( AMD ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Wednesday's Analyst Blog: Dell to Overshadow H-P Servers Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term. 9339 support@zacks.com http://www.zacks.com ADV MICRO DEV ( AMD ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Wednesday's Analyst Blog: Dell to Overshadow H-P Servers Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term. 9339 support@zacks.com http://www.zacks.com ADV MICRO DEV ( AMD ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTEL CORP ( INTC ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Stocks recently featured in the blog include Dell Inc. ( DELL ), Hewlett-Packard Co. ( HPQ ), Intel Corp. ( INTC ), Microsoft Corp. ( MSFT ) and Advanced Micro Devices Inc. ( AMD ).
|
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Wednesday's Analyst Blog: Dell to Overshadow H-P Servers Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term. Stocks recently featured in the blog include Dell Inc. ( DELL ), Hewlett-Packard Co. ( HPQ ), Intel Corp. ( INTC ), Microsoft Corp. ( MSFT ) and Advanced Micro Devices Inc. ( AMD ). Dell missed its chance of becoming the leading PC shipment vendor after H-P's PC segment spin-off was called off by current CEO Meg Whitman.
|
666bdabe-8049-49a8-9b56-bdb67be0c4ab
|
726833.0
|
2011-11-25 00:00:00 UTC
|
H-P/Maersk Line Outsourcing Deal - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/h-p-maersk-line-outsourcing-deal-analyst-blog-2011-11-25
|
nan
|
nan
|
Hewlett-Packard Co. ( HPQ ) has reportedly inked a five-year information technology ( IT ) infrastructure outsourcing service agreement with a renowned shipping company Maersk Line. The contract would bring in more than $150.0 million for H-P.
Maersk Line, the largest company in the A.P. Moller - Maersk Group, is the largest container shipping company in the world. Its fleet comprises more than 500 vessels and provides the most reliable ocean transportation services.
H-P said that it will create a private cloud computing environment for Maersk's distributed and local applications using its cloud computing solutions. The service is intended to reduce IT costs and increase functionality of the company's server room. H-P will also take care of the Service Desk function while supervising Maersk's computing devices. As part of the agreement, H-P will offer employment to the entire Maersk Line staff within these areas
|
Hewlett-Packard Co. ( HPQ ) has reportedly inked a five-year information technology ( IT ) infrastructure outsourcing service agreement with a renowned shipping company Maersk Line. The service is intended to reduce IT costs and increase functionality of the company's server room. As part of the agreement, H-P will offer employment to the entire Maersk Line staff within these areas
|
Hewlett-Packard Co. ( HPQ ) has reportedly inked a five-year information technology ( IT ) infrastructure outsourcing service agreement with a renowned shipping company Maersk Line. The contract would bring in more than $150.0 million for H-P. Maersk Line, the largest company in the A.P. H-P will also take care of the Service Desk function while supervising Maersk's computing devices.
|
Hewlett-Packard Co. ( HPQ ) has reportedly inked a five-year information technology ( IT ) infrastructure outsourcing service agreement with a renowned shipping company Maersk Line. H-P said that it will create a private cloud computing environment for Maersk's distributed and local applications using its cloud computing solutions. H-P will also take care of the Service Desk function while supervising Maersk's computing devices.
|
Hewlett-Packard Co. ( HPQ ) has reportedly inked a five-year information technology ( IT ) infrastructure outsourcing service agreement with a renowned shipping company Maersk Line. The contract would bring in more than $150.0 million for H-P. Maersk Line, the largest company in the A.P. H-P will also take care of the Service Desk function while supervising Maersk's computing devices.
|
04fc4bae-cab0-4f78-9564-eba3b04098e4
|
726834.0
|
2011-11-23 00:00:00 UTC
|
Dell to Overshadow H-P Servers - Analyst Blog
|
DELL
|
https://www.nasdaq.com/articles/dell-to-overshadow-h-p-servers-analyst-blog-2011-11-23
|
nan
|
nan
|
Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term. Dell missed its chance of becoming the leading PC shipment vendor after H-P's PC segment spin-off was called off by current CEO Meg Whitman.
The two companies saw their fortunes reverse in the last quarter, as Dell's server business did much better than H-P's. H-P has seen a few hurdles in the last few quarters. Even the recently concluded fourth quarter was lackluster. And now, we see H-P encountering another threat from its nearest competitor Dell.
Both companies have excelled in developing servers that bring the graphics processing unit (GPU) into the data center or high-performance computers (HPC). However, while H-P has mostly concentrated on the higher-end segment, Dell has been focused on the low end.
Yesterday, both Dell and H-P announced their newest technologies and ideas. H-P revealed a project named Odyssey, wherein the giant would implement the idea of combining the features of the UNIX operating system ( OS ) and its flagship x86 servers to provide a single server platform targeting the mission-critical computing segment, in which it has a rich experience of more than 25 years.
H-P reportedly is busy with the making of HP Integrity servers, HP NonStop systems and the HP-UX and OpenVMS operating systems. The yet-to-be released offerings feature Intel Corp. 's ( INTC ) Xeon processors, Microsoft Corp. 's ( MSFT ) Windows OS and LINUX OS.
Dell on the other hand, unveiled a suite of PowerEdge blade servers featuring the latest Opteron 6200 Series processors from Advanced Micro Devices Inc. ( AMD ). Dell asserts that this line of products will be far more competent than H-P's Proliant line of servers. The newest offerings are expected to be energy efficient, high speed performance gadgets suitable for various enterprise applications.
As per statistics provided by the U.S. market research firm Gartner during the second quarter of 2011, H-P topped its peers both in respect of revenue generated and shipments made. We don't have details of the third quarter. But on the basis of recently concluded quarters of the respective companies, we can see that Dell has performed much better than H-P.
Server and networking revenue increased 13.0% year over year, driven by continued momentum in server virtualization. Dell is being prudent in providing mission-critical services and solutions around the server, creating competitive differentiation, richer configurations and generating higher profits.
On the other hand, H-P witnessed a decline of roughly 4% in its Enterprise Servers and Storage & Networking segment. The decline was mostly due to the lackluster server business, which according to the company was due to a slower economic environment.
We see that heavyweights such as IBM Corp. ( IBM ) and Oracle Corp. ( ORCL ) are competing to lead in the server segment with newer technologies and products. Moreover, H-P is shifting focus to the enterprise software and service business in an attempt to stabilize its margins.
Given the increasing competition, there is every possibility of H-P losing its leading market position over time.
H-P has a Zacks #5 Rank, indicating a short-term Strong Sell rating. Dell currently holds a short-term Buy rating, as indicated by the Zacks #2 Rank.
ADV MICRO DEV ( AMD ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report
INTL BUS MACH ( IBM ): Free Stock Analysis Report
INTEL CORP (INTC): Free Stock Analysis Report
MICROSOFT CORP (MSFT): Free Stock Analysis Report
ORACLE CORP (ORCL): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell on the other hand, unveiled a suite of PowerEdge blade servers featuring the latest Opteron 6200 Series processors from Advanced Micro Devices Inc. ( AMD ). Dell is being prudent in providing mission-critical services and solutions around the server, creating competitive differentiation, richer configurations and generating higher profits. Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term.
|
ADV MICRO DEV ( AMD ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term. Dell missed its chance of becoming the leading PC shipment vendor after H-P's PC segment spin-off was called off by current CEO Meg Whitman.
|
But on the basis of recently concluded quarters of the respective companies, we can see that Dell has performed much better than H-P. Server and networking revenue increased 13.0% year over year, driven by continued momentum in server virtualization. ADV MICRO DEV ( AMD ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD ( HPQ ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term.
|
But on the basis of recently concluded quarters of the respective companies, we can see that Dell has performed much better than H-P. Server and networking revenue increased 13.0% year over year, driven by continued momentum in server virtualization. Tech major Dell Inc. ( DELL ) is looking to grow its share of the server market, something that could hurt Hewlett-Packard Co. ( HPQ ) in the longer term. Dell missed its chance of becoming the leading PC shipment vendor after H-P's PC segment spin-off was called off by current CEO Meg Whitman.
|
c6b2cc26-9b84-4a1a-b1db-69bc882827a7
|
726835.0
|
2011-11-21 00:00:00 UTC
|
The Zacks Analyst Blog Highlights: Hewlett Packard, Canon, Lexmark, Apple and Dell - Press Releases
|
DELL
|
https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-hewlett-packard-canon-lexmark-apple-and-dell-press
|
nan
|
nan
|
For Immediate Release
Chicago, IL - November 21, 2011 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Hewlett Packard Company ( HPQ ), Canon ( CAJ ), Lexmark ( LXK ), Apple Inc. ( AAPL ) and Dell Inc. ( DELL ).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Friday's Analyst Blog:
Earnings Preview: Hewlett-Packard
Hewlett Packard Company ( HPQ ) is scheduled to announce its fourth quarter 2011 results on November 21, 2011, and we do witness some variation in analysts' estimates at this point.
Third Quarter Overview
The company reported third quarter 2011 earnings per share ( EPS ) of $1.10, exceeding the Zacks Consensus Estimate. However, revenue of $31.2 billion inched up 1.0% on a year-over-year basis. The company witnessed revenue growth across most of its business segments, except the Personal Systems Group (PSG) and Imaging and Printing Group ( IPG ). Moreover, the company is undertaking several constructive steps to emerge as the leader in the evolving information economy.
Moreover, HP announced that its board of directors has authorized the exploration of strategic alternatives for the company's Personal Systems Group. HP will also consider a broad range of options including full or partial separation of PSG from HP through a spin-off or other transaction.
Revenue from the overseas markets accounted for 65.0% of the total revenue in the reported quarter. The BRIC countries (Brazil, Russia, India and China) generated revenues of $3.7 billion, up 12.0% year over year and contributed 12.0% to the total revenue.
Diluted earnings per share on a GAAP basis were 93 cents in the third quarter compared with 75 cents in the prior-year quarter. Non-GAAP EPS stood at $1.10, compared with $1.08 in the prior-year quarter.
For the fourth quarter of fiscal 2011, HP estimates revenues in the range of $32.1 billion to $32.5 billion. Diluted EPS on a GAAP basis is expected in the range of 44 cents to 55 cents, while non-GAAP diluted EPS is projected at between $1.12 and $1.16. For fiscal 2011, the company expects revenues in the range $127.2 billion to $127.6 billion. GAAP diluted EPS is expected in the $3.59 to $3.70 range, while diluted EPS on a non-GAAP basis is estimated at between $4.82 and $4.86.
Agreement of Analysts
Out of the 23 analysts providing estimates for the fourth quarter, only two analysts raised their estimates while two analysts lowered over the last 30 days. However, the last 30 days saw no estimate revisions. Again, for fiscal 2012, only one analyst raised the estimate in the last 30 days, while five analysts lowered during the same period.
Some of the analysts have lowered their forward revenue and non-GAAP EPS estimate ahead of the fourth quarter 2011 results. The negative sentiment is mainly on account of analyst expectations that HP will report results at the low end of its guidance range. This reflects the severe shortage of HDDs that analysts anticipate in the coming months, as the recent flood may hamper production in Thailand. This is expected to negatively impact units, revenue and margins for the next few quarters, although PC price increases could compensate the margin impact and that HP will likely be better positioned in terms of securing supply relative to other PC vendors.
Some analysts are optimistic on the decision taken by the company to continue with its PC business. The analysts believe that the PC segment offers better cost management, financial leverage and free cash flow.
On the other hand, the analysts also believe that HP is facing significant competition in the printing space given the continuous roll out of printing devices at competitive prices by other technology giants including Samsung , Canon ( CAJ ), Epson and Lexmark ( LXK ). This may initiate a price war in the printing space, which may hurt HP's margins to a certain extent.
Magnitude of Estimate Revisions
There has been some revision in estimates, since the company reported its third quarter 2011 results. The estimates for the upcoming quarter have remained constant, over the last 90 days at $1.13 (current). For the January quarter, estimates reduced by 17 cents to $1.12 over the last 90 days.
For fiscal 2011, estimates have slipped by a penny over the last 90 days. For 2012, estimates have gone down from $5.31 to $4.61 (current) over the last 90 days. The same moved down by 11 cents over the last 30 days.
Recommendation
Hewlett-Packard dominates the computing world with its strong business model and leadership position in both PC and Server segments. Management's decision to keep its PC business looks prudent.
On the other hand, HP is expected to witness significant shortage in hard disk supply, as a result of the recent flood in Thailand. Since prices of this key ingredient will shoot up as a result, not just HP, but also Apple Inc. ( AAPL ) and Dell Inc. ( DELL ) could see the impact on their margins.
The shares carry a Zacks Rank of #3, indicating a short-term Sell recommendation.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 .
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 .
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
APPLE INC ( AAPL ): Free Stock Analysis Report
CANON INC ADR ( CAJ ): Free Stock Analysis Report
DELL INC ( DELL ): Free Stock Analysis Report
HEWLETT PACKARD (HPQ): Free Stock Analysis Report
LEXMARK INTL (LXK): Free Stock Analysis Report
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Stocks recently featured in the blog include Hewlett Packard Company ( HPQ ), Canon ( CAJ ), Lexmark ( LXK ), Apple Inc. ( AAPL ) and Dell Inc. ( DELL ). Since prices of this key ingredient will shoot up as a result, not just HP, but also Apple Inc. ( AAPL ) and Dell Inc. ( DELL ) could see the impact on their margins. 9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report CANON INC ADR ( CAJ ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report LEXMARK INTL (LXK): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Stocks recently featured in the blog include Hewlett Packard Company ( HPQ ), Canon ( CAJ ), Lexmark ( LXK ), Apple Inc. ( AAPL ) and Dell Inc. ( DELL ). 9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report CANON INC ADR ( CAJ ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report LEXMARK INTL (LXK): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Since prices of this key ingredient will shoot up as a result, not just HP, but also Apple Inc. ( AAPL ) and Dell Inc. ( DELL ) could see the impact on their margins.
|
9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report CANON INC ADR ( CAJ ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report LEXMARK INTL (LXK): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Stocks recently featured in the blog include Hewlett Packard Company ( HPQ ), Canon ( CAJ ), Lexmark ( LXK ), Apple Inc. ( AAPL ) and Dell Inc. ( DELL ). Since prices of this key ingredient will shoot up as a result, not just HP, but also Apple Inc. ( AAPL ) and Dell Inc. ( DELL ) could see the impact on their margins.
|
9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report CANON INC ADR ( CAJ ): Free Stock Analysis Report DELL INC ( DELL ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report LEXMARK INTL (LXK): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Stocks recently featured in the blog include Hewlett Packard Company ( HPQ ), Canon ( CAJ ), Lexmark ( LXK ), Apple Inc. ( AAPL ) and Dell Inc. ( DELL ). Since prices of this key ingredient will shoot up as a result, not just HP, but also Apple Inc. ( AAPL ) and Dell Inc. ( DELL ) could see the impact on their margins.
|
29b85ca2-d391-4023-a6b2-c0cf94724768
|
726836.0
|
2011-11-16 00:00:00 UTC
|
Opening View: DJIA Set to Drop as Euro-Zone Bond Yields Soar
|
DELL
|
https://www.nasdaq.com/articles/opening-view-djia-set-drop-euro-zone-bond-yields-soar-2011-11-16
|
nan
|
nan
|
U.S. stocks are set to erase Tuesday's modest gains , as the fiscal crisis in Europe once again takes center stage. Most notably, concerns about contagion are weighing on Wall Street ahead of the bell, after the Bank of England warned that the U.K. is on the verge of economic contraction due to the broader euro-zone debt drama, and after Bank of Japan Governor Masaaki Shirakawa said Europe's issues have been felt as far as Japan. Further reflecting those fears were the yields of even triple-A government bonds, with notes from France, Austria, and the Netherlands rising in tandem with Italian and Spanish bonds . On the home front, meanwhile, investors are digesting the latest earnings from Dell ( DELL ) and Target ( TGT ), the latter of which kicked off a session peppered with quarterly reports from the retail sector. Against this backdrop, the Dow Jones Industrial Average (DJIA) could find itself testing the waters in the 12,000 region, while the S&P 500 Index (SPX) is bracing for an 11-point dip out of the gate.
In earnings news, Dell (DELL - 15.63) said its third-quarter profit grew 8.6% to $893 million, or 49 cents per share, from $822 million, or 42 cents per share, in the same period last year. Excluding items, earnings increased to 54 cents from 45 cents per share. Revenue was essentially flat at $15.37 billion. The Texas-based tech company's results were mixed, as Wall Street predicted adjusted earnings of 47 cents per share on $15.65 billion in revenue. For fiscal 2012, DELL believes its revenue will arrive at the lower end of its growth forecast of 1% to 5%, thanks to an industry-wide hard-drive shortage. At last check, DELL is headed 2.4% lower.
Meanwhile, Target (TGT - 53.18) reported third-quarter earnings of $555 million, or 82 cents per share, up from the $535 million, or 74 cents per share, earned a year ago. Excluding items, the retailer logged a per-share profit of 87 cents. Total revenue for the quarter jumped 3.7% to $16.4 billion. Analysts, on average, were projecting third-quarter earnings of 74 cents per share on revenue of $16.28 billion. Looking forward, TGT forecast adjusted fourth-quarter earnings of $1.43 to $1.53 per share, encompassing Wall Street's consensus estimate for current-quarter earnings of $1.47 per share. In pre-market trading, TGT is pointed 2.5% higher.
Elsewhere, Agilent Technologies (A - 38.25) reported a fiscal fourth-quarter profit of $289 million, or 82 cents per share, down 1% from $292 million, or 83 cents per share, in the year-ago period. Excluding items, A earned 84 cents per share, up from 65 cents per share in the previous year. Meanwhile, revenue rose by 9.6% to $1.73 billion. Analysts, on average, were expecting an adjusted profit of 81 cents per share on revenue of $1.75 billion. Looking ahead, the company is predicting an adjusted fiscal first-quarter profit of 67 cents to 69 cents per share, with revenue ranging between $1.65 billion and $1.67 billion. Analysts are expecting a first-quarter profit of 70 cents per share on revenue of $1.65 billion. For fiscal 2012, A is forecasting earnings of $3.00 to $3.35 per share, excluding items, on revenue of $6.85 billion to $7.15 billion, which is roughly in line with the consensus estimate for a profit of $3.14 per share on revenue of $6.97 billion. At last look, A is bracing for a 2% drop.
Finally, Bob Evans Farms, Inc. (BOBE - 33.70) reported fiscal second-quarter earnings after the bell sounded last night. BOBE recorded a profit of $12.7 million, or 42 cents per share, up 64% from last year's profit of $7.8 million, or 26 cents per share. Excluding items, earnings arrived at $23.4 million, or 47 cents per share. Revenue, on the other hand, decreased 2.4% to $407.2 million. The results fell well below analyst expectations for a per-share profit of 53 cents on sales of $411.5 million. In spite of a revenue dip and continued cost and sales challenges, BOBE maintained its fiscal 2012 outlook for a profit of $2.36 to $2.44 per share.
Earnings Preview
Today's earnings docket will also feature reports from Abercrombie & Fitch ( ANF ), Applied Materials ( AMAT ), Hot Topic ( HOTT ), NetApp (NTAP), NetEase.com (NTES), PetSmart (PETM), and Tyco International (TYC). Keep your browser at SchaeffersResearch.com for more news as it breaks.
Economic Calendar
The consumer price index (CPI), core CPI, and NAHB housing market index are on today's docket, as well as the latest stats on industrial production and capacity utilization. Thursday brings us the regularly scheduled weekly report on jobless claims, the Philadelphia Fed manufacturing index, and housing starts. The economic calendar concludes on Friday with the Conference Board's index of leading indicators.
Market Statistics
Equity option activity on the Chicago Board Options Exchange (CBOE) saw 876,327 call contracts traded on Tuesday, compared to 617,732 put contracts. The resultant single-session put/call ratio arrived at 0.70, while the 21-day moving average was 0.69.
Overseas Trading
Stocks in Asia slipped today, pressured by pervasive fears about Europe's sovereign debt crisis. With bond yields on the rise in Italy, Spain, and even France, banking issues helped lead the regional decline -- particularly after the International Monetary Fund (IMF) warned of potential systemic risks within China's financial system. Meanwhile, the yen continued to gain ground against the downtrodden euro, which kept major Japanese exporters, such as Sony, firmly in the red. By the close, China's Shanghai Composite fell 2.5%, Hong Kong's Hang Seng dropped 2%, South Korea's Kospi gave up 1.6%, and Japan's Nikkei lost 0.9%.
The major European indexes are mixed at midday, after Bank of England Governor Mervyn King and European Commission President Jose Manuel Barroso both offered some gloomy commentary regarding the dire debt situation. However, cooling euro-zone yields have helped equities climb out of the basement, with traders hopeful that the European Central Bank (ECB) is scooping up bonds. At last check, the French CAC 40 is up 0.1%, London's FTSE 100 has shed 0.7%, and the German DAX is off 0.9%.
Currencies and Commodities
The greenback is on the rise this morning, with the U.S. dollar up 0.4%. On the other hand, crude futures have pulled back from multi-month highs, with the front-month contract down 0.4% at $99.04 per barrel. Finally, gold futures are also in the red, with the malleable metal last seen 0.3% lower at $1,777.60 an ounce.
Unusual Put and Call Activity:
For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations .
Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
On the home front, meanwhile, investors are digesting the latest earnings from Dell ( DELL ) and Target ( TGT ), the latter of which kicked off a session peppered with quarterly reports from the retail sector. In earnings news, Dell (DELL - 15.63) said its third-quarter profit grew 8.6% to $893 million, or 49 cents per share, from $822 million, or 42 cents per share, in the same period last year. For fiscal 2012, DELL believes its revenue will arrive at the lower end of its growth forecast of 1% to 5%, thanks to an industry-wide hard-drive shortage.
|
On the home front, meanwhile, investors are digesting the latest earnings from Dell ( DELL ) and Target ( TGT ), the latter of which kicked off a session peppered with quarterly reports from the retail sector. In earnings news, Dell (DELL - 15.63) said its third-quarter profit grew 8.6% to $893 million, or 49 cents per share, from $822 million, or 42 cents per share, in the same period last year. For fiscal 2012, DELL believes its revenue will arrive at the lower end of its growth forecast of 1% to 5%, thanks to an industry-wide hard-drive shortage.
|
In earnings news, Dell (DELL - 15.63) said its third-quarter profit grew 8.6% to $893 million, or 49 cents per share, from $822 million, or 42 cents per share, in the same period last year. On the home front, meanwhile, investors are digesting the latest earnings from Dell ( DELL ) and Target ( TGT ), the latter of which kicked off a session peppered with quarterly reports from the retail sector. For fiscal 2012, DELL believes its revenue will arrive at the lower end of its growth forecast of 1% to 5%, thanks to an industry-wide hard-drive shortage.
|
In earnings news, Dell (DELL - 15.63) said its third-quarter profit grew 8.6% to $893 million, or 49 cents per share, from $822 million, or 42 cents per share, in the same period last year. At last check, DELL is headed 2.4% lower. On the home front, meanwhile, investors are digesting the latest earnings from Dell ( DELL ) and Target ( TGT ), the latter of which kicked off a session peppered with quarterly reports from the retail sector.
|
cddbf097-9aa4-4cea-8200-386f78b97892
|
726837.0
|
2011-11-15 00:00:00 UTC
|
Largest option buying in equities so far
|
DELL
|
https://www.nasdaq.com/articles/largest-option-buying-equities-so-far-2011-11-15
|
nan
|
nan
|
Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
Yahoo (YHOO): A long position in 30,000 December 16 calls was rolled to the April 16 strike. YHOO fell 1.28 percent to $15.795.
Bank of America (BAC): More than 20,000 December 7 calls were purchased, mostly for $0.17, as investors positioned for upside in the stock. BAC rose 2.31 percent to $6.19.
Dell (DELL): About 5,000 May 13 puts were bought for $0.85 as investors guarded against a drop. DELL rose 1.31 percent to $15.52.
Microsoft (MSFT): About 6,000 November 26 puts were bought for $0.11, but volume was below open interest. MSFT fell 0.08 percent to $26.54.
Disclosure: Russell owns BAC calls.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell (DELL): About 5,000 May 13 puts were bought for $0.85 as investors guarded against a drop. DELL rose 1.31 percent to $15.52. Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
|
DELL rose 1.31 percent to $15.52. Dell (DELL): About 5,000 May 13 puts were bought for $0.85 as investors guarded against a drop. YHOO fell 1.28 percent to $15.795.
|
Dell (DELL): About 5,000 May 13 puts were bought for $0.85 as investors guarded against a drop. DELL rose 1.31 percent to $15.52. Bank of America (BAC): More than 20,000 December 7 calls were purchased, mostly for $0.17, as investors positioned for upside in the stock.
|
Dell (DELL): About 5,000 May 13 puts were bought for $0.85 as investors guarded against a drop. DELL rose 1.31 percent to $15.52. YHOO fell 1.28 percent to $15.795.
|
7b136421-7c05-4699-b49d-34ac0e357a02
|
726838.0
|
2011-11-15 00:00:00 UTC
|
Dell Q3 Earnings Tuesday: PC Biz Faces Strong Headwinds
|
DELL
|
https://www.nasdaq.com/articles/dell-q3-earnings-tuesday-pc-biz-faces-strong-headwinds-2011-11-15
|
nan
|
nan
|
Dell ( DELL ) is set to report its third quarter earnings of fiscal 2012 on Wednesday. Here we highlight a few key trends to watch for in the upcoming earnings release. Dell, the third largest PC vendor in the world, offer a number of products and services to both consumers and business clients and competes with firms like Apple ( AAPL ), Hewlett-Packard ( HPQ ), and IBM ( IBM ) among others in broad information technology sector.
We currently have a $20.75 Trefis price estimate for Dell , about 35% above the market estimates.
See our full analysis on Dell
Revenues and Margins Likely Take a Hit Going Forward
While Dell's revenue has grown for the past four quarters, the growth rate has consistently declined as the company's core PC business suffered from weakening demand due to rise of media tablets as well as stellar performance from competitor Lenovo ( LNVGY ), which recently surpassed Dell to become the second largest PC vendor in the world. (See Military Use Gives Dell's Tablets New Life as PC Market Share Slips )
The global PC industry, already struggling against the growing popularity of tablets and other mobile devices, is now bracing for a potentially severe shortage of hard drives in 2012 in the wake of severe flooding in Thailand, which yields a quarter of the world's hard drives. Dell is expected to lower its outlook for the coming quarter and full year as it stands to face supply chain disruptions.
The flooding in Thailand has left many factories stranded which may result in holding back of shipment. In addition to loss of revenues due to inadequacy of supply, Dell's margin may also go down in the coming quarter as supply shortage will push hard drive prices up - as much as 40% according to some estimates.
PC Still Significant for Dell
Dell in the recent years has made a number of acquisitions and moved fast to transform itself into software and services focused organization. However, PC sales still make up a major chunk of Dell's revenue and contribute nearly 20% to our $20.75 Trefis price estimate for Dell. As Dell PC business faces multiple adversaries like alternative products, increased competition, and supply chain issues, the outlook does look grim for Dell.
We will be revisiting our valuation for Dell after it announces Q3 earnings providing (hopefully) a clearer picture of what to expect.
Understand How a Company's Products Impact its Stock Price at Trefis
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
See our full analysis on Dell Revenues and Margins Likely Take a Hit Going Forward While Dell's revenue has grown for the past four quarters, the growth rate has consistently declined as the company's core PC business suffered from weakening demand due to rise of media tablets as well as stellar performance from competitor Lenovo ( LNVGY ), which recently surpassed Dell to become the second largest PC vendor in the world. (See Military Use Gives Dell's Tablets New Life as PC Market Share Slips ) The global PC industry, already struggling against the growing popularity of tablets and other mobile devices, is now bracing for a potentially severe shortage of hard drives in 2012 in the wake of severe flooding in Thailand, which yields a quarter of the world's hard drives. Dell is expected to lower its outlook for the coming quarter and full year as it stands to face supply chain disruptions.
|
Dell, the third largest PC vendor in the world, offer a number of products and services to both consumers and business clients and competes with firms like Apple ( AAPL ), Hewlett-Packard ( HPQ ), and IBM ( IBM ) among others in broad information technology sector. In addition to loss of revenues due to inadequacy of supply, Dell's margin may also go down in the coming quarter as supply shortage will push hard drive prices up - as much as 40% according to some estimates. Dell ( DELL ) is set to report its third quarter earnings of fiscal 2012 on Wednesday.
|
See our full analysis on Dell Revenues and Margins Likely Take a Hit Going Forward While Dell's revenue has grown for the past four quarters, the growth rate has consistently declined as the company's core PC business suffered from weakening demand due to rise of media tablets as well as stellar performance from competitor Lenovo ( LNVGY ), which recently surpassed Dell to become the second largest PC vendor in the world. (See Military Use Gives Dell's Tablets New Life as PC Market Share Slips ) The global PC industry, already struggling against the growing popularity of tablets and other mobile devices, is now bracing for a potentially severe shortage of hard drives in 2012 in the wake of severe flooding in Thailand, which yields a quarter of the world's hard drives. However, PC sales still make up a major chunk of Dell's revenue and contribute nearly 20% to our $20.75 Trefis price estimate for Dell.
|
We currently have a $20.75 Trefis price estimate for Dell , about 35% above the market estimates. In addition to loss of revenues due to inadequacy of supply, Dell's margin may also go down in the coming quarter as supply shortage will push hard drive prices up - as much as 40% according to some estimates. Dell ( DELL ) is set to report its third quarter earnings of fiscal 2012 on Wednesday.
|
960bd52d-48b7-4d57-a7ce-dccc21d6ef3c
|
726839.0
|
2011-11-15 00:00:00 UTC
|
Earnings Seasons: Here Are The Stocks to Watch
|
DELL
|
https://www.nasdaq.com/articles/earnings-seasons-here-are-stocks-watch-2011-11-15
|
nan
|
nan
|
(Written by Rebecca Lipman. List compiled by Eben Esterhuizen, CFA. Rebecca owns shares of DELL. EPS data sourced from Yahoo! Finance.)
Next week marks the sixth week of Q3 earnings season, a time when investors adjust positions based on company performance and projections. But analysts expect investors have turned their eyes away from earnings to focus on European developments with hope of uncovering the fate of the global economy.
“U.S. options traders see almost no chance that earnings, dividends or buybacks will influence stock prices through the end of 2011, instead placing record bets that equities move in lockstep in reaction to Europe’s debt crisis.”(viaBloomberg) The recent debt and leadership fiascos in Italy and Greece have done nothing to improve sentiment in the markets.
Record high correlation among stocks indexes is certainly a driving factor. This Wednesday saw the CBOE’s KCJ index (which measures the degree of correlation for S&P 500 stocks) close at record levels, above 91. In short, fearful investors are gripped with uncertainty and are unable or unwilling to differentiate between stocks.
Given Europe’s potential to drastically alter the global economy, it’s easy to understand that investors may brush off earnings as a negligible statistic. After all, a strong earnings report for the third quarter will hardly matter if the economy plunges into a global recession.
Earning Season Investment Ideas
Meanwhile, earnings are hardly dismissible. After all, if the economic collapse doesn’t come to be, they can prove just as valuable as ever. So which companies reporting earnings should be on your radar?
And more importantly, which of next week’s earnings reports have the biggest potential to surprise to the upside?
No one knows for sure, but we can look at historical performance for some guidance.
All the stocks mentioned below have a history of beating analyst estimates (i.e. reporting earnings “surprises”). Will they do so again next week?
Keep these companies on your radar as they report earnings next week.
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
1. Foot Locker, Inc. (FL): Operates as a retailer of athletic footwear and apparel. Earnings scheduled to be released on 11/17. In Oct 2010: Reported EPS at 0.33 vs. estimate at 0.17 (surprise of 94.1%). In Jan 2011: Reported EPS at 0.39 vs. estimate at 0.36 (surprise of 8.3%). In Apr 2011: Reported EPS at 0.6 vs. estimate at 0.44 (surprise of 36.4%). In Jul 2011: Reported 0.24 vs. estimate at 0.12 (surprise of 100%. [Average earnings surprise at 59.7%].
2. Perry Ellis International Inc. (PERY): Engages in designing, sourcing, marketing, and licensing apparel products for men and women in the United States and internationally. Earnings scheduled to be released on 11/14. In Oct 2010: Reported EPS at 0.51 vs. estimate at 0.35 (surprise of 45.7%). In Jan 2011: Reported EPS at 0.69 vs. estimate at 0.67 (surprise of 3%). In Apr 2011: Reported EPS at 1.08 vs. estimate at 0.99 (surprise of 9.1%). In Jul 2011: Reported 0.11 vs. estimate at 0.04 (surprise of 175%. [Average earnings surprise at 58.2%].
3. Saks Incorporated (SKS): Operates fashion retail stores in the United States. Earnings scheduled to be released on 11/15. In Oct 2010: Reported EPS at 0.06 vs. estimate at 0.03 (surprise of 100%). In Jan 2011: Reported EPS at 0.13 vs. estimate at 0.08 (surprise of 62.5%). In Apr 2011: Reported EPS at 0.17 vs. estimate at 0.16 (surprise of 6.3%). In Jul 2011: Reported -0.05 vs. estimate at -0.09 (surprise of 44.4%. [Average earnings surprise at 53.3%].
4. AutoNavi Holdings Limited (AMAP): Provides digital map content and navigation and location-based solutions in the People's Republic of China (PRC). Earnings scheduled to be released on 11/17. In Sep 2010: Reported EPS at 0.18 vs. estimate at 0.09 (surprise of 100%). In Dec 2010: Reported EPS at 0.12 vs. estimate at 0.08 (surprise of 50%). In Mar 2011: Reported EPS at 0.17 vs. estimate at 0.13 (surprise of 30.8%). In Jun 2011: Reported 0.21 vs. estimate at 0.18 (surprise of 16.7%. [Average earnings surprise at 49.38%].
5. Mentor Graphics Corp. (MENT): Mentor Graphics Corporation supplies electronic design automation systems used to automate the design, analysis, and testing of electronic hardware and embedded systems software in electronic systems and components worldwide. Earnings scheduled to be released on 11/17. In Oct 2010: Reported EPS at 0.22 vs. estimate at 0.16 (surprise of 37.5%). In Jan 2011: Reported EPS at 0.48 vs. estimate at 0.46 (surprise of 4.3%). In Apr 2011: Reported EPS at 0.2 vs. estimate at 0.18 (surprise of 11.1%). In Jul 2011: Reported 0.11 vs. estimate at 0.05 (surprise of 120%. [Average earnings surprise at 43.22%].
6. Abercrombie & Fitch Co. (ANF): Operates as a specialty retailer of casual apparel for men, women, and kids. Earnings scheduled to be released on 11/16. In Oct 2010: Reported EPS at 0.56 vs. estimate at 0.51 (surprise of 9.8%). In Jan 2011: Reported EPS at 1.38 vs. estimate at 1.32 (surprise of 4.5%). In Apr 2011: Reported EPS at 0.27 vs. estimate at 0.12 (surprise of 125%). In Jul 2011: Reported 0.35 vs. estimate at 0.3 (surprise of 16.7%. [Average earnings surprise at 39%].
7. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Earnings scheduled to be released on 11/15. In Oct 2010: Reported EPS at 0.45 vs. estimate at 0.33 (surprise of 36.4%). In Jan 2011: Reported EPS at 0.53 vs. estimate at 0.37 (surprise of 43.2%). In Apr 2011: Reported EPS at 0.55 vs. estimate at 0.44 (surprise of 25%). In Jul 2011: Reported 0.54 vs. estimate at 0.49 (surprise of 10.2%. [Average earnings surprise at 28.7%].
8. ZOLL Medical Corp. (ZOLL): Develops, manufactures, and markets resuscitation devices and related software solutions worldwide. Earnings scheduled to be released on 11/14. In Sep 2010: Reported EPS at 0.33 vs. estimate at 0.31 (surprise of 6.5%). In Dec 2010: Reported EPS at 0.18 vs. estimate at 0.16 (surprise of 12.5%). In Mar 2011: Reported EPS at 0.27 vs. estimate at 0.2 (surprise of 35%). In Jun 2011: Reported 0.42 vs. estimate at 0.35 (surprise of 20%. [Average earnings surprise at 18.5%].
9. NetEase.com, Inc. (NTES): Engages in the development of applications, services, and other technologies for the Internet in China. Earnings scheduled to be released on 11/16. In Sep 2010: Reported EPS at 0.67 vs. estimate at 0.63 (surprise of 6.3%). In Dec 2010: Reported EPS at 0.83 vs. estimate at 0.7 (surprise of 18.6%). In Mar 2011: Reported EPS at 0.86 vs. estimate at 0.71 (surprise of 21.1%). In Jun 2011: Reported 0.91 vs. estimate at 0.79 (surprise of 15.2%. [Average earnings surprise at 15.3%].
10. Sally Beauty Holdings Inc. (SBH): Engages in the distribution and retail of professional beauty supplies. Earnings scheduled to be released on 11/16. In Sep 2010: Reported EPS at 0.23 vs. estimate at 0.2 (surprise of 15%). In Dec 2010: Reported EPS at 0.22 vs. estimate at 0.19 (surprise of 15.8%). In Mar 2011: Reported EPS at 0.26 vs. estimate at 0.23 (surprise of 13%). In Jun 2011: Reported 0.3 vs. estimate at 0.28 (surprise of 7.1%. [Average earnings surprise at 12.72%].
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Rebecca owns shares of DELL. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. But analysts expect investors have turned their eyes away from earnings to focus on European developments with hope of uncovering the fate of the global economy.
|
Rebecca owns shares of DELL. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. All the stocks mentioned below have a history of beating analyst estimates (i.e. reporting earnings “surprises”).
|
Rebecca owns shares of DELL. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. All the stocks mentioned below have a history of beating analyst estimates (i.e. reporting earnings “surprises”).
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Rebecca owns shares of DELL. Next week marks the sixth week of Q3 earnings season, a time when investors adjust positions based on company performance and projections.
|
00953f35-a453-4b4f-8366-d5f25b60abbc
|
726840.0
|
2011-11-14 00:00:00 UTC
|
Market Outlook: Insiders Think These Undervalued Stocks Are Ready for a Rebound
|
DELL
|
https://www.nasdaq.com/articles/market-outlook-insiders-think-these-undervalued-stocks-are-ready-rebound-2011-11-14
|
nan
|
nan
|
(Written by Rebecca Lipman. List compiled by Eben Esterhuizen, CFA. Rebecca owns shares of Dell)
Insider activity is closely monitored because it can often be used as an indication of a company’s future, or at least what insiders expect for their company’s future. After all, who knows the inner-workings of a company better than those that work there?
Vicker’s Weekly Insider Report, published by Argus Research, regularly conducts analysis on the number of shares that insiders collectively sell in the open market and the number that they have purchased. The data is compiled as a sell-to-buy ratio.
Four decades worth of data place the mean sell-to-buy ratio between 2-1 and 2.5-1. Lower readings signal bullish sentiment, while high ratios are considered to signal more bearish sentiment.
What are company insiders telling us?
So, what’s going on right now? According to Vicker’s, the ratio for the week ending last Friday was 3.79-to-1, which is well above its long-term average.
But don’t get too concerned. Mark Hulbert of Market Watch writes, “You should be careful not to read too much bearish significance into this recent level… It’s entirely natural for insiders to pick up the pace of their selling in the wake of a market rally — and, therefore, not particularly surprising.”
What’s more, “The Vickers’ ratio is no where near as high as the level to which it reached earlier this year, in the weeks leading up to the April 29 bull market high. In some of those weeks, in fact, the sell-to-buy ratio was above 7-to-1.”
Ultimately, the ratio isn’t very telling right now. “Your reaction to recent insider behavior will depend on whether you are inclined to see the glass as half full or half empty.”
Investing Ideas
So, we were wondering, which undervalued stocks look most appealing to company insiders?
To explore this idea, we started with a universe of about 190 stocks backed by significant insider buying over the last six months.
From this list we collected data on levered free cash flow, and identified the names that appear undervalued relative to levered free cash flow.
Insiders seem to think these undervalued stocks present real appreciation potential–do you agree?
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
List sorted by the relative size of recent insider buying.
1. ATS Corporation (ATSC): Provides software and systems development, systems integration, information sharing and assurance, information technology (IT) infrastructure and outsourcing, and IT and business consulting services primarily to government agencies in the United States. Over the last six months, insiders have been net buyers of 460,171 shares, which represents about 7.43% of the company's float of 6.19M shares. Levered free cash flow at $9.70M vs. enterprise value at $82.10M (implies a LFCF/EV ratio at 11.81%).
2. Motorola Solutions, Inc. (MSI): Provides business and mission critical communication products and services for enterprise and government customers worldwide. Over the last six months, insiders have been net buyers of 17,600,969 shares, which represents about 6.72% of the company's float of 261.88M shares. Levered free cash flow at $1.19B vs. enterprise value at $10.85B (implies a LFCF/EV ratio at 10.97%).
3. Live Nation Entertainment, Inc. (LYV): Operates as a live entertainment company internationally. Over the last six months, insiders have been net buyers of 4,457,940 shares, which represents about 3.67% of the company's float of 121.34M shares. Levered free cash flow at $275.82M vs. enterprise value at $2.38B (implies a LFCF/EV ratio at 11.59%).
4. Inuvo, Inc. (INUV): Provides software and analytics technology solutions over the Internet for use by online advertisers and Website publishers. Over the last six months, insiders have been net buyers of 143,469 shares, which represents about 1.87% of the company's float of 7.67M shares. Levered free cash flow at $1.41M vs. enterprise value at $12.17M (implies a LFCF/EV ratio at 11.59%).
5. Lions Gate Entertainment Corp. (LGF): Engages in the motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, new channel platforms, and digital distribution activities. Over the last six months, insiders have been net buyers of 919,823 shares, which represents about 1.74% of the company's float of 53.01M shares. Levered free cash flow at $451.51M vs. enterprise value at $1.83B (implies a LFCF/EV ratio at 24.67%).
6. Central European Media Enterprises Ltd. (CETV): Operates as a vertically integrated media company operating broadcast, content, and new media businesses in central and eastern European countries. Over the last six months, insiders have been net buyers of 433,358 shares, which represents about 1.73% of the company's float of 25.11M shares. Levered free cash flow at $363.86M vs. enterprise value at $1.87B (implies a LFCF/EV ratio at 19.46%).
7. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Over the last six months, insiders have been net buyers of 17,230,709 shares, which represents about 1.11% of the company's float of 1.55B shares. Levered free cash flow at $2.98B vs. enterprise value at $20.63B (implies a LFCF/EV ratio at 14.44%).
8. Integramed America Inc. (INMD): IntegraMed America, Inc., a specialty healthcare services company, manages outpatient centers offering products and services to patients and providers in the fertility and vein care segments of the health industry in the United States. Over the last six months, insiders have been net buyers of 61,312 shares, which represents about 0.97% of the company's float of 6.32M shares. Levered free cash flow at $6.17M vs. enterprise value at $55.05M (implies a LFCF/EV ratio at 11.21%).
9. DynaVox Inc. (DVOX): Over the last six months, insiders have been net buyers of 55,000 shares, which represents about 0.59% of the company's float of 9.30M shares. Levered free cash flow at $5.57M vs. enterprise value at $55.53M (implies a LFCF/EV ratio at 10.03%).
10. Dex One Corporation (DEXO): Operates as a marketing solutions company. Over the last six months, insiders have been net buyers of 215,000 shares, which represents about 0.58% of the company's float of 36.80M shares. Levered free cash flow at $260.78M vs. enterprise value at $2.42B (implies a LFCF/EV ratio at 10.78%).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Rebecca owns shares of Dell) Insider activity is closely monitored because it can often be used as an indication of a company’s future, or at least what insiders expect for their company’s future. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Visualize annual returns for all stocks mentioned List sorted by the relative size of recent insider buying.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Rebecca owns shares of Dell) Insider activity is closely monitored because it can often be used as an indication of a company’s future, or at least what insiders expect for their company’s future. From this list we collected data on levered free cash flow, and identified the names that appear undervalued relative to levered free cash flow.
|
Rebecca owns shares of Dell) Insider activity is closely monitored because it can often be used as an indication of a company’s future, or at least what insiders expect for their company’s future. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Over the last six months, insiders have been net buyers of 460,171 shares, which represents about 7.43% of the company's float of 6.19M shares.
|
Rebecca owns shares of Dell) Insider activity is closely monitored because it can often be used as an indication of a company’s future, or at least what insiders expect for their company’s future. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. From this list we collected data on levered free cash flow, and identified the names that appear undervalued relative to levered free cash flow.
|
702418ac-1a75-4dc9-bcbe-899831034df9
|
726841.0
|
2011-11-11 00:00:00 UTC
|
Largest option buying in equities so far
|
DELL
|
https://www.nasdaq.com/articles/largest-option-buying-equities-so-far-2011-11-11
|
nan
|
nan
|
Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
Bank of America (BAC): Investors bought more than 35,000 December 7 calls, looking for upside. BAC rose 4.15 percent to $6.28.
Microsoft (MSFT): About 11,000 December 28 calls were bought for $0.23 to $0.25 as investors position for higher prices. MSFT rose 2.40 percent to $26.92.
Dell (DELL): Investors sold the November 14 puts, but volume was below open interest. DELL rose 2.14 percent to $15.28.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell (DELL): Investors sold the November 14 puts, but volume was below open interest. DELL rose 2.14 percent to $15.28. Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
|
Dell (DELL): Investors sold the November 14 puts, but volume was below open interest. DELL rose 2.14 percent to $15.28. Bank of America (BAC): Investors bought more than 35,000 December 7 calls, looking for upside.
|
Dell (DELL): Investors sold the November 14 puts, but volume was below open interest. DELL rose 2.14 percent to $15.28. Microsoft (MSFT): About 11,000 December 28 calls were bought for $0.23 to $0.25 as investors position for higher prices.
|
DELL rose 2.14 percent to $15.28. Dell (DELL): Investors sold the November 14 puts, but volume was below open interest. BAC rose 4.15 percent to $6.28.
|
d62a675a-b79e-43d2-a544-51d01ed547df
|
726842.0
|
2011-11-08 00:00:00 UTC
|
This Stock Could Be the Dow's Biggest Gainer in 2012
|
DELL
|
https://www.nasdaq.com/articles/stock-could-be-dows-biggest-gainer-2012-2011-11-08
|
nan
|
nan
|
Focusing on " turnaround " stocks was a favorite angle for investors in the 1990s. Many companies had been run poorly, but new management could easily unlock value by focusing on a deep restructuring. The key was to find businesses that still possessed sizable market share , brought in new leadership and most importantly, were already cheap based on current cash flow , let alone what future cash flow growth might entail.
This is the recipe in place for Hewlett-Packard (NYSE: HPQ ) today, which only a few decades ago was considered to be one of the premier technology firms in Silicon Valley . New CEO Meg Whitman has her work cut out for her, but she inherits a business that is already a cash-producing machine ( free cash flow has averaged $8.5 billion during the past three years). And trading at just six times projected 2012 profits, it's clear investors aren't holding her to a very high set of expectations. Look for Whitman to lay out plans to revitalize the company in coming months. Far-sighted investors need to pay attention.
Fixable, not broken
From Wang to Digital Equipment to Novell, the high-tech sector is filled with examples of companies that lost their luster and faded into oblivion. These were broken business models that were ultimately sold off for a fraction of their peak value. Yet HP isn't broken and there is a clear fix in place for its myriad businesses. Trouble is, previous management moves have failed to really tackle any core challenges the company faced. Former CEO Mark Hurd was more concerned with cost-cutting and acquisitions, while virtually ignoring internal development. Cost-cutting helped boost earnings per share ( EPS ) steadily in the last half of the past decade (from $0.82 per share in 2005 to $3.25 in 2008), but underinvestment in the business started to create an opening for rivals to take market share.
Let's look at IBM (NYSE: IBM ) as an example. While both firms focus on large enterprise contracts that entail management of all aspects of a client's technology base, IBM was investing heavily in software, noting that this value-added segment can bring more robust profit margins than simple hardware configurations. As a result, IBM generates 20% operating margins, while HP's enterprise unit generates 15% operating margins. A recent move to acquire Autonomy Corp. for $10 billion will boost HP's software efforts -- though HP vastly overpaid for it -- yet Whitman will acknowledge that HP needs to invest even more in software in 2012.
In the computer segment, HP was lauded for overtaking Dell (Nasdaq: DELL ) as the world's top seller in 2006, but a lack of investments led the company to virtually miss the ongoing tablet-computer revolution. Still, HP's commanding size in the PC business gives it significant buying power in terms of components, which helps HP generate $2 billion in free cash flow from this business. A just-announced decision to retain this division (and likely step up investments in 2012) is a wise one, as computer sales are so closely intertwined with HP's other divisions such as printers and services.
The printer division, by the way, is a crown jewel, with 40% global market share (as much as Canon and Epson's combined share). The division's 16% operating margins (and $4 billion in annual operating cash flow) are the simple results of ongoing investments in printing technology. This is a lesson likely not lost on Whitman as she draws up plans to revive other parts of the business.
Analysts at Aurgia Securities have analyzed each of HP's divisions, assessing a comparable value for each against a set of peers. On a sum-of-the parts basis, they say shares could trade up to $47 from a current $27. Yet few will buy HP stock on this rationale. Instead, they want to see how Whitman can tinker with the business to restore HP's competitive positioning.
So how will this play out? A bit of counter-intuitive logic is necessary. Myopic investors often look to dump the stock of a company when it announces plans to step-up spending (reducing EPS guidance in the process). Yet HP is an exception. Let's assume the current 2012 EPS forecast of $4.70 a share needs to be slashed to $4 as spending rises. Well, the stock is still cheap, and would trade for just seven times that lowered figure. More important, the spending signals HP won't just sit on its hands anymore. It plans to remain relevant -- and thrive -- well into the future. Doubts about the future are what this cheap stock price is really telling you.
This lowered guidance is likely to come this winter as the new CEO "resets expectations." This is what all CEOs do, and it is widely expected from HP. To be sure, most investors will take a wait-and-see attitude to see how Whitman's strategy will play out. So shares of HP are unlikely to move back to the $40 mark very quickly. But over the course of 2012, there's no reason this stock can't move back to the mid-$40s (simply based on that sum-of-the-parts analysis that Auriga's analysts suggest).
Risks to Consider: Tech spending by corporations has held up fairly well in 2011 and is expected to remain robust. Any pullback in tech spending would keep HP from reaching new profit margin goals that are laid as out as any part of a business transformation.
Action to Take --> This is an absurdly cheap stock that is subject to very low expectations. Yet a considerable amount of strengths remain, and Whitman's turnaround task is not as steep as the lagging share price implies. Even if the plan takes longer to realize, shares are so cheap that they likely possess considerable downside protection. That 74% gain to reach Aurgia's price target should look tempting, yet keep in mind that this is only a play for the patient investor, because it's likely to be "three steps forward and two steps back" as HP slowly pivots back into investor favor.
-- David Sterman
Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In the computer segment, HP was lauded for overtaking Dell (Nasdaq: DELL ) as the world's top seller in 2006, but a lack of investments led the company to virtually miss the ongoing tablet-computer revolution. New CEO Meg Whitman has her work cut out for her, but she inherits a business that is already a cash-producing machine ( free cash flow has averaged $8.5 billion during the past three years). Fixable, not broken From Wang to Digital Equipment to Novell, the high-tech sector is filled with examples of companies that lost their luster and faded into oblivion.
|
In the computer segment, HP was lauded for overtaking Dell (Nasdaq: DELL ) as the world's top seller in 2006, but a lack of investments led the company to virtually miss the ongoing tablet-computer revolution. As a result, IBM generates 20% operating margins, while HP's enterprise unit generates 15% operating margins. Still, HP's commanding size in the PC business gives it significant buying power in terms of components, which helps HP generate $2 billion in free cash flow from this business.
|
In the computer segment, HP was lauded for overtaking Dell (Nasdaq: DELL ) as the world's top seller in 2006, but a lack of investments led the company to virtually miss the ongoing tablet-computer revolution. A recent move to acquire Autonomy Corp. for $10 billion will boost HP's software efforts -- though HP vastly overpaid for it -- yet Whitman will acknowledge that HP needs to invest even more in software in 2012. Still, HP's commanding size in the PC business gives it significant buying power in terms of components, which helps HP generate $2 billion in free cash flow from this business.
|
In the computer segment, HP was lauded for overtaking Dell (Nasdaq: DELL ) as the world's top seller in 2006, but a lack of investments led the company to virtually miss the ongoing tablet-computer revolution. Focusing on " turnaround " stocks was a favorite angle for investors in the 1990s. This is what all CEOs do, and it is widely expected from HP.
|
9ab38673-2df0-4ac6-a3de-797518c6d63f
|
726843.0
|
2011-11-03 00:00:00 UTC
|
Earnings Surprises: Short Sellers Think These Stocks Are Going Higher
|
DELL
|
https://www.nasdaq.com/articles/earnings-surprises-short-sellers-think-these-stocks-are-going-higher-2011-11-03
|
nan
|
nan
|
(List compiled by Eben Esterhuizen, CFA)
Earnings season is upon us and one very interesting point to consider is the recent history of earnings surprises for the reporting companies.
The concept of an earnings surprise is pretty simple – the quarterly earnings come out, and earnings analysts are “surprised” by how they don’t match up to their predictions. A surprise can indicate either positive or negative earnings, meaning the annual reports are above or below analysts’ earnings estimates.
“Surprise” doesn’t necessarily have to mean shocking either, it can be a the difference of a few cents between what earning analysts predicted and what the company actually reports.
To be clear, earnings typically refer to after-tax net income.
Analysts pay close attentions to earnings. Whenever a company releases earnings data that beats analyst expectations, the stock will often rise in value to price in the good news. Negative earning surprises usually leads to a drop in share price.
To get the original earnings estimates, earning analysts conduct lengthy research into a company’s financials and business. Beyond merely looking at accounting numbers, analysts use forecasting models, research new products, market and industrial trends, larger economic trends, etc. As a result, their opinions are usually considered by investors for guidance or as a benchmark of what “experts” expect.
Of course, analysts cannot perfectly predict the future, so individual earning expectations could be far off the mark. Also, analysts differ in opinion and skill, so estimates can vary greatly.
A Few Investing Ideas
Interested in exploring companies that have a track record of beating analyst estimates?
For ideas, we started with a universe of about 170 stocks that have a history of beating analyst earnings estimates.
From this universe, we collected data on short seller trends, and identified the names that have seen a significant decrease in shares shorted over the last month (i.e. short sellers have reduced bearish bets).
Short sellers appear to think the upside potential of these names outweigh the downside. Considering the track record of these stocks relative to analyst earnings estimates, do you agree?
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
List sorted by average earnings surprise.
1. Advanced Micro Devices, Inc. (AMD): Operates as a semiconductor company in the United States, Japan, China, and Europe. In Sep 2010: Reported EPS at 0.15 vs. estimate at 0.06 (surprise of 150%). In Dec 2010: Reported EPS at 0.14 vs. estimate at 0.11 (surprise of 27.3%). In Mar 2011: Reported EPS at 0.08 vs. estimate at 0.05 (surprise of 60%). In Jun 2011: Reported 0.09 vs. estimate at 0.08 (surprise of 12.5%. [Average earnings surprise at 62.45%]. Shares shorted have decreased from 94.26M to 80.49M over the last month, a decrease which represents about 2.36% of the company's float of 583.28M shares.
2. SkyPeople Fruit Juice, Inc. (SPU): Produces and sells fruit juice concentrates, fruit beverages, and other fruit related products primarily in the People's Republic of China. In Jun 2010: Reported EPS at 0.22 vs. estimate at 0.08 (surprise of 175%). In Sep 2010: Reported EPS at 0.15 vs. estimate at 0.13 (surprise of 15.4%). In Dec 2010: Reported EPS at 0.46 vs. estimate at 0.35 (surprise of 31.4%). In Mar 2011: Reported 0.2 vs. estimate at 0.17 (surprise of 17.6%. [Average earnings surprise at 59.85%]. Shares shorted have decreased from 689.53K to 516.30K over the last month, a decrease which represents about 1.52% of the company's float of 11.40M shares.
3. US Airways Group, Inc. (LCC): Provides air transportation for passengers and cargo. In Sep 2010: Reported EPS at 1.23 vs. estimate at 1.17 (surprise of 5.1%). In Dec 2010: Reported EPS at 0.17 vs. estimate at 0.06 (surprise of 183.3%). In Mar 2011: Reported EPS at -0.68 vs. estimate at -0.72 (surprise of 5.6%). In Jun 2011: Reported 0.56 vs. estimate at 0.53 (surprise of 5.7%. [Average earnings surprise at 49.92%]. Shares shorted have decreased from 24.34M to 20.62M over the last month, a decrease which represents about 2.51% of the company's float of 148.33M shares.
4. ReachLocal, Inc. (RLOC): Provides a suite of online marketing and reporting solutions for the small and medium-sized businesses (SMBs) in North America and internationally. In Sep 2010: Reported EPS at -0.1 vs. estimate at -0.18 (surprise of 44.4%). In Dec 2010: Reported EPS at -0.1 vs. estimate at -0.16 (surprise of 37.5%). In Mar 2011: Reported EPS at -0.12 vs. estimate at -0.18 (surprise of 33.3%). In Jun 2011: Reported -0.03 vs. estimate at -0.12 (surprise of 75%. [Average earnings surprise at 47.55%]. Shares shorted have decreased from 2.50M to 2.24M over the last month, a decrease which represents about 2.83% of the company's float of 9.20M shares.
5. American Axle & Manufacturing Holdings Inc. (AXL): Engages in the manufacture, engineering, design, and validation of driveline and drivetrain systems, and related components and chassis modules for automotive industry in the United States. In Sep 2010: Reported EPS at 0.52 vs. estimate at 0.39 (surprise of 33.3%). In Dec 2010: Reported EPS at 0.47 vs. estimate at 0.39 (surprise of 20.5%). In Mar 2011: Reported EPS at 0.5 vs. estimate at 0.38 (surprise of 31.6%). In Jun 2011: Reported 0.69 vs. estimate at 0.44 (surprise of 56.8%. [Average earnings surprise at 35.55%]. Shares shorted have decreased from 11.72M to 10.29M over the last month, a decrease which represents about 2.21% of the company's float of 64.70M shares.
6. Lincoln Educational Services Corporation (LINC): Provides career-oriented post-secondary education services in the United States. In Sep 2010: Reported EPS at 0.76 vs. estimate at 0.62 (surprise of 22.6%). In Dec 2010: Reported EPS at 1.2 vs. estimate at 0.89 (surprise of 34.8%). In Mar 2011: Reported EPS at 0.46 vs. estimate at 0.36 (surprise of 27.8%). In Jun 2011: Reported 0.22 vs. estimate at 0.16 (surprise of 37.5%. [Average earnings surprise at 30.67%]. Shares shorted have decreased from 1.28M to 1.04M over the last month, a decrease which represents about 1.13% of the company's float of 21.23M shares.
7. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. In Oct 2010: Reported EPS at 0.45 vs. estimate at 0.33 (surprise of 36.4%). In Jan 2011: Reported EPS at 0.53 vs. estimate at 0.37 (surprise of 43.2%). In Apr 2011: Reported EPS at 0.55 vs. estimate at 0.44 (surprise of 25%). In Jul 2011: Reported 0.54 vs. estimate at 0.49 (surprise of 10.2%. [Average earnings surprise at 28.7%]. Shares shorted have decreased from 78.81M to 60.64M over the last month, a decrease which represents about 1.17% of the company's float of 1.55B shares.
8. Orient Paper, Inc. (ONP): Engages in the production and distribution of paper and paper products in the People's Republic of China. In Mar 2010: Reported EPS at 0.21 vs. estimate at 0.17 (surprise of 23.5%). In Dec 2010: Reported EPS at 0.29 vs. estimate at 0.21 (surprise of 38.1%). In Mar 2011: Reported EPS at 0.26 vs. estimate at 0.2 (surprise of 30%). In Jun 2011: Reported 0.32 vs. estimate at 0.27 (surprise of 18.5%. [Average earnings surprise at 27.52%]. Shares shorted have decreased from 608.22K to 382.48K over the last month, a decrease which represents about 1.71% of the company's float of 13.21M shares.
9. GT Advanced Technologies, Inc. (GTAT): Provides polysilicon production technology and multicrystalline ingot growth systems, and related photovoltaic (PV) manufacturing services for the solar industry worldwide. In Sep 2010: Reported EPS at 0.28 vs. estimate at 0.24 (surprise of 16.7%). In Dec 2010: Reported EPS at 0.46 vs. estimate at 0.38 (surprise of 21.1%). In Mar 2011: Reported EPS at 0.41 vs. estimate at 0.34 (surprise of 20.6%). In Jun 2011: Reported 0.41 vs. estimate at 0.31 (surprise of 32.3%. [Average earnings surprise at 22.68%]. Shares shorted have decreased from 21.66M to 20.09M over the last month, a decrease which represents about 1.24% of the company's float of 126.19M shares
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Whenever a company releases earnings data that beats analyst expectations, the stock will often rise in value to price in the good news. Advanced Micro Devices, Inc. (AMD): Operates as a semiconductor company in the United States, Japan, China, and Europe.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Whenever a company releases earnings data that beats analyst expectations, the stock will often rise in value to price in the good news. Considering the track record of these stocks relative to analyst earnings estimates, do you agree?
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. The concept of an earnings surprise is pretty simple – the quarterly earnings come out, and earnings analysts are “surprised” by how they don’t match up to their predictions. A surprise can indicate either positive or negative earnings, meaning the annual reports are above or below analysts’ earnings estimates.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. From this universe, we collected data on short seller trends, and identified the names that have seen a significant decrease in shares shorted over the last month (i.e. short sellers have reduced bearish bets). GT Advanced Technologies, Inc. (GTAT): Provides polysilicon production technology and multicrystalline ingot growth systems, and related photovoltaic (PV) manufacturing services for the solar industry worldwide.
|
79c1cf18-5336-4420-9a82-c5f90b43716f
|
726844.0
|
2011-10-18 00:00:00 UTC
|
Kodak: It's Time To Go Invisible
|
DELL
|
https://www.nasdaq.com/articles/kodak-its-time-go-invisible-2011-10-18
|
nan
|
nan
|
By TechCrunch :
By Devin Coldewey
Kodak ( EK ), let us admit, is doomed. Founded over a century ago, it has dominated film for as long as film has existed, but now that film is on the verge of ceasing to exist, they have very little to dominate. They're short on cash and while they deny plans to file for bankruptcy, many question whether they will have the luxury of choice a few years from now.
My first preference for the preservation of this company would be for them to sell off their patents and focus on film until they're buried by progress. That'd be Kodak going out with its boots on, so to speak. But I doubt that's going to happen.
What needs to happen instead is Kodak needs to abandon any pretense of being a household word. They've had a good run - for an entire century their name has been synonymous with film. But it will never be as recognizable again. So why throw money away on an entire division creating low-margin, unoriginal devices that are going to be obsolete in a few months and duplicated by pirate OEMs anyway? No, Kodak needs to go invisible.
For a long time Kodak was the leader in photographic innovation. They even invented their own destroyer, a la Oedipus Rex: they were among the first producing digital cameras. Why aren't they now? Why is the sensor inside the iPhone 4S a Sony instead of a Kodak?
Listen, Kodak. I like a couple of your cameras. That's not the issue. The issue is that you're selling a product that everyone gets for free when they buy a smartphone, digital picture frames are a joke, and printing is becoming more and more something that happens in a ShutterFly ( SFLY ) facility, not at home - if it happens at all. Producing products is for companies like Apple ( AAPL ) and Canon. You don't want to compete with them.
And you don't have to. You've got top-notch research facilities churning out patents and inventions all over the place. Pick a few niches and become indispensible. I'm not quite saying be a patent troll. I'm saying you should be the ones HTC goes to when they want to get an edge over the rest in the camera department. What will you make? Low-noise sensors? Image compression algorithms? Lens coatings? High-speed imaging interface? I don't know. Just pick something other than a heap of consumer products in the process of being eliminated by the march of progress. You don't see [[IBM]] trying to compete with Dell ( DELL ).
One thing: in order to keep the Kodak brand alive, you should always be in the business of making real things. But make the printer head, not the printer. Make the sensor, not the camera. Make it clear that if it's not powered by Kodak, it's a piece of junk. You've already been half-forced to this position, so just go all the way. You don't need the trappings of a consumer tech company weighing you down. You're Kodak , for god's sake. Act like it.
If all goes well, you'll emerge from these hard times a leaner, more focused company, with a sack full of amazing patents and a stable of clients who wouldn't be able to compete without your technology. Is it a fantasy? Sure. But it's better than the dreary, prosaic reality you're living in now. At least strike out swinging.
Original post
See also Priceline.com Has Further Upside on seekingalpha.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
You don't see [[IBM]] trying to compete with Dell ( DELL ). They're short on cash and while they deny plans to file for bankruptcy, many question whether they will have the luxury of choice a few years from now. So why throw money away on an entire division creating low-margin, unoriginal devices that are going to be obsolete in a few months and duplicated by pirate OEMs anyway?
|
You don't see [[IBM]] trying to compete with Dell ( DELL ). For a long time Kodak was the leader in photographic innovation. Original post See also Priceline.com Has Further Upside on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
You don't see [[IBM]] trying to compete with Dell ( DELL ). Founded over a century ago, it has dominated film for as long as film has existed, but now that film is on the verge of ceasing to exist, they have very little to dominate. Make the sensor, not the camera.
|
You don't see [[IBM]] trying to compete with Dell ( DELL ). My first preference for the preservation of this company would be for them to sell off their patents and focus on film until they're buried by progress. Make the sensor, not the camera.
|
a1bf748f-a9d4-4335-9fe8-7c9f577471d4
|
726845.0
|
2011-10-17 00:00:00 UTC
|
Stars come out for late Apple chief's memorial service
|
DELL
|
https://www.nasdaq.com/articles/stars-come-out-late-apple-chiefs-memorial-service-2011-10-17
|
nan
|
nan
|
High-profile mourners attended Sunday's private service for Steve Jobs, Apple 's ( AAPL ) co-founder, chief executive officer and visionary, according to published reports.
Hosted by the Memorial Church at Stanford University, where Jobs delivered a renowned commencement address in Spring 2005, the funeral service attracted political luminaries, Silicon Valley leaders and pop culture stars, according to Reuters. Former President Bill Clinton; former Vice President Al Gore, who also is a member of the Apple Board of Directors; chief executives Larry Ellison and Michael Dell of Oracle ( ORCL ) and Dell ( DELL ), co-founder of Microsoft ( MSFT ) Bill Gates and U2 front man Bono were among the guests at the heavily guarded service.
"I don't know that there was ever a more beautiful memorial service," states a Twitter message by British actor Stephen Fry, according to The New York Times. "Everyone who spoke did so with such passion and love and simplicity."
Jobs died of complications from pancreatic cancer on October 5, less than six weeks after resigning as chief executive officer and elevating to chairman of the board. He left the CEO opening to Tim Cook, who also was in attendance at Sunday's service.
The company Jobs built will hold a private ceremony this Wednesday at the Cupertino, California , headquarters, The Times reports.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Former President Bill Clinton; former Vice President Al Gore, who also is a member of the Apple Board of Directors; chief executives Larry Ellison and Michael Dell of Oracle ( ORCL ) and Dell ( DELL ), co-founder of Microsoft ( MSFT ) Bill Gates and U2 front man Bono were among the guests at the heavily guarded service. High-profile mourners attended Sunday's private service for Steve Jobs, Apple 's ( AAPL ) co-founder, chief executive officer and visionary, according to published reports. Hosted by the Memorial Church at Stanford University, where Jobs delivered a renowned commencement address in Spring 2005, the funeral service attracted political luminaries, Silicon Valley leaders and pop culture stars, according to Reuters.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Former President Bill Clinton; former Vice President Al Gore, who also is a member of the Apple Board of Directors; chief executives Larry Ellison and Michael Dell of Oracle ( ORCL ) and Dell ( DELL ), co-founder of Microsoft ( MSFT ) Bill Gates and U2 front man Bono were among the guests at the heavily guarded service. High-profile mourners attended Sunday's private service for Steve Jobs, Apple 's ( AAPL ) co-founder, chief executive officer and visionary, according to published reports.
|
Former President Bill Clinton; former Vice President Al Gore, who also is a member of the Apple Board of Directors; chief executives Larry Ellison and Michael Dell of Oracle ( ORCL ) and Dell ( DELL ), co-founder of Microsoft ( MSFT ) Bill Gates and U2 front man Bono were among the guests at the heavily guarded service. High-profile mourners attended Sunday's private service for Steve Jobs, Apple 's ( AAPL ) co-founder, chief executive officer and visionary, according to published reports. Hosted by the Memorial Church at Stanford University, where Jobs delivered a renowned commencement address in Spring 2005, the funeral service attracted political luminaries, Silicon Valley leaders and pop culture stars, according to Reuters.
|
Former President Bill Clinton; former Vice President Al Gore, who also is a member of the Apple Board of Directors; chief executives Larry Ellison and Michael Dell of Oracle ( ORCL ) and Dell ( DELL ), co-founder of Microsoft ( MSFT ) Bill Gates and U2 front man Bono were among the guests at the heavily guarded service. High-profile mourners attended Sunday's private service for Steve Jobs, Apple 's ( AAPL ) co-founder, chief executive officer and visionary, according to published reports. Hosted by the Memorial Church at Stanford University, where Jobs delivered a renowned commencement address in Spring 2005, the funeral service attracted political luminaries, Silicon Valley leaders and pop culture stars, according to Reuters.
|
d6b139b7-320b-4b61-9489-3ae3d327bb26
|
726846.0
|
2011-10-10 00:00:00 UTC
|
Welcome to Earnings Season! Here Are The Stocks to Watch
|
DELL
|
https://www.nasdaq.com/articles/welcome-earnings-season-here-are-stocks-watch-2011-10-10
|
nan
|
nan
|
(Written by Rebecca Lipman.List compiled by Eben Esterhuizen, CFA. Data sourced from Yahoo! Finance.)
Welcome to earnings season, a time when investors adjust positions based on company performance and projections. But some suspect that the impact of this quarter’s earnings will take a backseat to bigger picture issues.
According to Citigroup, Europe’s sovereign debt crisis will play a more important role to investors given its potential to drastically alter the global economy.
“U.S. options traders see almost no chance that earnings, dividends or buybacks will influence stock prices through the end of 2011, instead placing record bets that equities move in lockstep in reaction to Europe’s debt crisis. The Chicago Board Options Exchange S&P 500 Implied Correlation Index jumped to a record 90.28 on Sept. 30. The correlation coefficient of S&P 500 companies with the index has surged to 0.85, its highest level ever.” (via Bloomberg)
Record high correlation among stocks indexes is certainly a driving factor. The rumors, actions, and slightest whims of politicians across the globe have had startling effects on market swings and have contributed heavily to the market volatility plaguing the market.
Given the immeasurable consequences of a European collapse, it’s easy to understand how many investors may brush off earnings as a negligible statistic. After all, a strong earnings report for the third quarter will hardly matter if the economy plunges into a global recession and, given heavy correlation, drags that stock down with it. So instead, all eyes are on European developments in the hopes of gleaning some clarity of the economic future.
Meanwhile, earnings are hardly dismissible. After all, if the economic collapse doesn’t come to be, they can prove just as valuable as ever. So which companies reporting earnings should be on your radar?
To help you find ideas, we scanned the earnings results of thousands of companies, and identified a list of about 200 that have a history of beating analyst earnings expectations over the last year.
To refine the quality of our list, we only focused on those “earnings surprise” companies that have seen significant insider buying over the last six months.
These companies have a track record of beating analyst earnings estimates, and insiders seem to think there’s more good news on the way–should these companies be on your earnings radar?
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
1. Cadence Design Systems Inc. (CDNS): Develops electronic design automation software and hardware for customers worldwide. In Sep 2010: Reported EPS at 0.04 vs. estimate at 0.03 (surprise of 33.3%). In Dec 2010: Reported EPS at 0.07 vs. estimate at 0.04 (surprise of 75%). In Mar 2011: Reported EPS at 0.09 vs. estimate at 0.08 (surprise of 12.5%). In Jun 2011: Reported 0.12 vs. estimate at 0.1 (surprise of 20%). [Average earnings surprise at 35.2%].Over the last six months, insiders were net buyers of 55,000 shares, which represents about 0.02% of the company's 266.78M share float.
2. West Bancorp., Inc. (WTBA): Operates as a bank holding company for West Bank that provides community banking and trust services primarily in the Des Moines and Iowa City, and Iowa metropolitan areas. In Sep 2010: Reported EPS at 0.17 vs. estimate at 0.12 (surprise of 41.7%). In Dec 2010: Reported EPS at 0.17 vs. estimate at 0.12 (surprise of 41.7%). In Mar 2011: Reported EPS at 0.19 vs. estimate at 0.14 (surprise of 35.7%). In Jun 2011: Reported 0.12 vs. estimate at 0.1 (surprise of 20%). [Average earnings surprise at 34.77%]. Over the last six months, insiders were net buyers of 3,717 shares, which represents about 0.02% of the company's 16.97M share float.
3. Winmark Corp. (WINA): Operates as a franchisor of four retail store concepts that buy, sell, trade, and consign merchandise. In Dec 2009: Reported EPS at 0.28 vs. estimate at 0.21 (surprise of 33.3%). In Mar 2010: Reported EPS at 0.42 vs. estimate at 0.35 (surprise of 20%). In Jun 2010: Reported EPS at 0.45 vs. estimate at 0.3 (surprise of 50%). In Sep 2010: Reported 0.51 vs. estimate at 0.4 (surprise of 27.5%).[Average earnings surprise at 32.7%]. Over the last six months, insiders were net buyers of 2,620 shares, which represents about 0.12% of the company's 2.24M share float.
4. Neuralstem, Inc. (CUR): Focuses on the development and commercialization of treatments for central nervous system diseases based on transplanting human neural stem cells and small molecule drugs. In Sep 2010: Reported EPS at -0.09 vs. estimate at -0.11 (surprise of 18.2%). In Dec 2010: Reported EPS at -0.05 vs. estimate at -0.1 (surprise of 50%). In Mar 2011: Reported EPS at -0.07 vs. estimate at -0.1 (surprise of 30%). In Jun 2011: Reported -0.08 vs. estimate at -0.11 (surprise of 27.3%). [Average earnings surprise at 31.37%]. Over the last six months, insiders were net buyers of 10,000 shares, which represents about 0.02% of the company's 43.65M share float.
5. Hercules Offshore, Inc. (HERO): Provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry in the U. In Sep 2010: Reported EPS at -0.13 vs. estimate at -0.15 (surprise of 13.3%). In Dec 2010: Reported EPS at -0.03 vs. estimate at -0.11 (surprise of 72.7%). In Mar 2011: Reported EPS at -0.12 vs. estimate at -0.13 (surprise of 7.7%). In Jun 2011: Reported -0.11 vs. estimate at -0.16 (surprise of 31.2%). [Average earnings surprise at 31.22%]. Over the last six months, insiders were net buyers of 32,000 shares, which represents about 0.03% of the company's 112.97M share float.
6. Lincoln Educational Services Corporation (LINC): Provides career-oriented post-secondary education services in the United States. In Sep 2010: Reported EPS at 0.76 vs. estimate at 0.62 (surprise of 22.6%). In Dec 2010: Reported EPS at 1.2 vs. estimate at 0.89 (surprise of 34.8%). In Mar 2011: Reported EPS at 0.46 vs. estimate at 0.36 (surprise of 27.8%). In Jun 2011: Reported 0.22 vs. estimate at 0.16 (surprise of 37.5%). [Average earnings surprise at 30.67%]. Over the last six months, insiders were net buyers of 291,384 shares, which represents about 1.37% of the company's 21.23M share float.
7. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. In Oct 2010: Reported EPS at 0.45 vs. estimate at 0.33 (surprise of 36.4%). In Jan 2011: Reported EPS at 0.53 vs. estimate at 0.37 (surprise of 43.2%). In Apr 2011: Reported EPS at 0.55 vs. estimate at 0.44 (surprise of 25%). In Jul 2011: Reported 0.54 vs. estimate at 0.49 (surprise of 10.2%). [Average earnings surprise at 28.7%]. Over the last six months, insiders were net buyers of 17,230,709 shares, which represents about 1.11% of the company's 1.55B share float.
8. Webster Financial Corp. (WBS): Operates as the holding company for the Webster Bank that provides various banking and financial products and services in southern New England and eastern New York State. In Sep 2010: Reported EPS at 0.22 vs. estimate at 0.17 (surprise of 29.4%). In Dec 2010: Reported EPS at 0.3 vs. estimate at 0.2 (surprise of 50%). In Mar 2011: Reported EPS at 0.36 vs. estimate at 0.29 (surprise of 24.1%). In Jun 2011: Reported 0.36 vs. estimate at 0.35 (surprise of 2.9%). [Average earnings surprise at 26.6%]. Over the last six months, insiders were net buyers of 2,054,850 shares, which represents about 2.85% of the company's 72.09M share float.
9. National Penn Bancshares Inc. (NPBC): Operates as the bank holding company for National Penn Bank that provides commercial banking products and services to residents and businesses primarily in eastern and central Pennsylvania. In Sep 2010: Reported EPS at 0.08 vs. estimate at 0.07 (surprise of 14.3%). In Dec 2010: Reported EPS at 0.1 vs. estimate at 0.07 (surprise of 42.9%). In Mar 2011: Reported EPS at 0.1 vs. estimate at 0.09 (surprise of 11.1%). In Jun 2011: Reported 0.15 vs. estimate at 0.11 (surprise of 36.4%). [Average earnings surprise at 26.17%]. Over the last six months, insiders were net buyers of 49,777 shares, which represents about 0.05% of the company's 97.96M share float.
10. Carter's, Inc. (CRI): Designs, sources, and markets branded children's wear. In Sep 2010: Reported EPS at 0.83 vs. estimate at 0.74 (surprise of 12.2%). In Dec 2010: Reported EPS at 0.6 vs. estimate at 0.57 (surprise of 5.3%). In Mar 2011: Reported EPS at 0.55 vs. estimate at 0.5 (surprise of 10%). In Jun 2011: Reported 0.23 vs. estimate at 0.13 (surprise of 76.9%). [Average earnings surprise at 26.1%]. Over the last six months, insiders were net buyers of 1,763,600 shares, which represents about 3.61% of the company's 48.80M share float.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. According to Citigroup, Europe’s sovereign debt crisis will play a more important role to investors given its potential to drastically alter the global economy. options traders see almost no chance that earnings, dividends or buybacks will influence stock prices through the end of 2011, instead placing record bets that equities move in lockstep in reaction to Europe’s debt crisis.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. [Average earnings surprise at 35.2%].Over the last six months, insiders were net buyers of 55,000 shares, which represents about 0.02% of the company's 266.78M share float. Webster Financial Corp. (WBS): Operates as the holding company for the Webster Bank that provides various banking and financial products and services in southern New England and eastern New York State.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. In Sep 2010: Reported EPS at 0.04 vs. estimate at 0.03 (surprise of 33.3%). [Average earnings surprise at 35.2%].Over the last six months, insiders were net buyers of 55,000 shares, which represents about 0.02% of the company's 266.78M share float.
|
Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. To refine the quality of our list, we only focused on those “earnings surprise” companies that have seen significant insider buying over the last six months. These companies have a track record of beating analyst earnings estimates, and insiders seem to think there’s more good news on the way–should these companies be on your earnings radar?
|
309b45a7-2b0f-4582-bdd0-3be1ce910ede
|
726847.0
|
2011-10-02 00:00:00 UTC
|
Gloomy CEOs: America's Corporate Leaders Turn Bearish
|
DELL
|
https://www.nasdaq.com/articles/gloomy-ceos-americas-corporate-leaders-turn-bearish-2011-10-02
|
nan
|
nan
|
(Written by Rebecca Lipman. List compiled by Eben Esterhuizen, CFA. Data sourced from Yahoo! Finance. Rebecca owns shares of DELL.)
If you were looking to CEOs for some cheery sentiment to put your economic concerns at ease, a recent survey by Business Roundtable says not to bother. It turns out that the 140 chief executives surveyed are overwhelmingly bearish, more likely to cut jobs, and less likely to increase capital spending or see increased sales over the next six months.
Reuters reports that the CEO Economic Outlook index dropped for a second consecutive quarter to 77.6, its lowest reading since the fourth quarter of 2009. However it remains above 50 indicating forecasts of overall growth rather than decline.
Supporting causes for this pessimism include the usual suspects: rising oil prices, sluggish economic growth, the European sovereign-debt crisis, a probable US recession and the S&P downgrade.
The survey also paints a bleak picture for the country's other reigning issues, including unemployment and consumer confidence: 24% of CEOs expected to cut jobs in the US over the next six months, compared to the 11% forecasted in the second quarter. And 36% percent expected to add jobs in the third quarter, down from 51% in the second quarter. (via Reuters)
Furthermore, "the number of CEOs who expected their companies' sales to rise over the next six months fell to 65 percent from 87 percent and the number who expect to boost capital spending fell to 32 percent from 61 percent."
Reuters reminds investors to keep in mind that although a survey of corporate leaders provides a good starting point for judging corporate health, investors will get a more "detailed view" as big companies begin reporting third-quarter results in the coming days and weeks.
So all this raises an interesting question: Are there any CEOs that are optimistic on the outlook of their companies?
For ideas, we started with a universe of the 200 largest U.S. corporations by market cap.
From this list, we identified the companies that have seen the largest insider purchases over the last six months.
Insider executives at these mega-cap companies appear to be optimistic on the future, in contrast to other CEOs mentioned in the survey above. Does this signal a buying opportunity in these stocks?
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
List sorted by market cap.
1. American International Group, Inc. (AIG): The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. Over the last six months, insiders were net buyers of 6,982,680 shares, which represents about 2.88% of the company's 242.37M share float.
2. News Corp. (NWSA): Operates as a diversified media company worldwide. Over the last six months, insiders were net buyers of 3,639,328 shares, which represents about 0.16% of the company's 2.24B share float.
3. VMware, Inc. (VMW): Provides virtualization and virtualization-based cloud infrastructure solutions primarily in the United States. Over the last six months, insiders were net buyers of 1,621,764 shares, which represents about 2.07% of the company's 78.50M share float.
4. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Over the last six months, insiders were net buyers of 17,230,709 shares, which represents about 1.11% of the company's 1.55B share float.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Rebecca owns shares of DELL.) Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. If you were looking to CEOs for some cheery sentiment to put your economic concerns at ease, a recent survey by Business Roundtable says not to bother.
|
Rebecca owns shares of DELL.) Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. (via Reuters) Furthermore, "the number of CEOs who expected their companies' sales to rise over the next six months fell to 65 percent from 87 percent and the number who expect to boost capital spending fell to 32 percent from 61 percent."
|
Rebecca owns shares of DELL.) Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. (via Reuters) Furthermore, "the number of CEOs who expected their companies' sales to rise over the next six months fell to 65 percent from 87 percent and the number who expect to boost capital spending fell to 32 percent from 61 percent."
|
Rebecca owns shares of DELL.) Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. For ideas, we started with a universe of the 200 largest U.S. corporations by market cap.
|
60fac072-9ced-4e7a-8ad4-f818e18104ed
|
726848.0
|
2011-09-29 00:00:00 UTC
|
Amazon vs. Apple: Jeff Bezos Takes on the iPad
|
DELL
|
https://www.nasdaq.com/articles/amazon-vs-apple-jeff-bezos-takes-ipad-2011-09-29
|
nan
|
nan
|
(By Alexander Crawford)
Amazon (AMZN) unveiled their $199 Kindle Fire tablet on Wednesday, in a move that may give Apple (AAPL) and its iPad reason to worry.
The Kindle Fire has a 7-inch display and runs on Google’s Android software. At a price of $199, it’s less than half the cost of the cheapest iPad ($499), and demonstrates Amazon’s low-cost approach versus Apple’s high cost, high margin strategy.
The lower cost comes with some product limitations: the Kindle Fire does not have an embedded camera or microphone, nor does it have 3G access (it offers Wi-Fi connectivity). The 7-inch screen is also significantly smaller than the iPad’s 9.7’’.
Several other tablets have famously tried and failed to take away significant tablet market share from Apple this year: Hewlett-Packard’s (HPQ) TouchPad was discontinued one month after its arrival to the scene, while Research in Motion’s (RIMM) PlayBook shipped less than half of the number of units that analysts expected, reports Bloomberg.
“Amazon is really the only other guy, the only other potential tablet player, that has a similar offering to what Apple has,” analyst at Wedge Partners Corp. Brian Blair said in an interview with Bloomberg last week. “If you look across their product offerings, they have content that none of the other tablet makers currently have because they have content on the media side.”
Indeed, Amazon hopes to leverage their status as the world’s largest online retailer to put forward a bestselling tablet. The product is closely tied to Amazon’s “large and growing content library of movies, magazines, and music,” according to Bloomberg.
“The company has built a tablet-optimized shopping application, with simplified and streamlined pages with none of the clutter of the main website. The app is pre-installed and sits at the bottom of the Fire’s main screen (users can get rid of it if they want).”
Do you think that Kindle Fire will gain market share where other potential iPad competitors have failed? Does Apple have reason to worry?
To help you invest with this idea, we compiled a stock list of companies with a hand in the tablet market:
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
1. Apple Inc (AAPL): Market cap at $ 370.15 billion. It popularized and has dominated the tablet computing industry with the iPad, which generates more than 89% of tablet internet traffic.
2. Amazon.com Inc. (AMZN): Market cap at $ 101.78 billion. The online shopping giant helped pioneer the E-Book industry with its popular Kindle line of products. They are now releasing the Kindle Fire tablet.
3. Google Inc. (GOOG): Market cap at $ 174.15 billion. Google’s Android operating system is currently the most widely used smartphone platform and the second most popular tablet platform. It is used by most non-iPad tablets and non-iPhone smartphones, including the newly introduced Kindle Fire.
4. Research in Motion (RIMM): Market cap at $ 11.87 billion. The BlackBerry maker has released the BlackBerry PlayBook, a tablet PC that runs on the BlackBerry platform, which is mainly targeted at corporate clients.
5. Motorola Mobility Holdings (MMI): Market cap at $ 11.30 billion. The Motorola Xoom is an iPad competitor that runs on the Android OS (like the Motorola Droid line of smartphones). Google made an offer to buy Motorola for $12.5 billion last month.
6. Sony Corp. (SNE): Market cap at $ 19.31 billion. Sony recently debuted the “Tablet S.” Sony’s Reader line of touch screen E-books is a competitor of the Amazon Kindle. Sony is also expanding its line of touch devices with products like the Dash.
7. Panasonic Corp. (PC): Market cap at $ 23.35 billion. Panasonic’s business electronics division sells a line of rugged tablet PCs that accompany its line of Toughbook notebooks. It has also announced a new Toughbook tablet that will run the Android OS.
8. Dell Inc. (DELL): Market cap at $ 27.68 billion. It is challenging the iPad with its Streak tablets that run Google’s Android OS. It also has a “convertible” tablet, the Inspiron duo, which is a hybrid between a laptop and a tablet.
9. Synaptics Inc. (SYNA): Market cap at $ 761.55 million. It develops touch screen technology and manufacturers touch screen displays which are used in tablet PCs, smartphones, and many other touch devices.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell Inc. (DELL): Market cap at $ 27.68 billion. (By Alexander Crawford) Amazon (AMZN) unveiled their $199 Kindle Fire tablet on Wednesday, in a move that may give Apple (AAPL) and its iPad reason to worry. The lower cost comes with some product limitations: the Kindle Fire does not have an embedded camera or microphone, nor does it have 3G access (it offers Wi-Fi connectivity).
|
Dell Inc. (DELL): Market cap at $ 27.68 billion. The app is pre-installed and sits at the bottom of the Fire’s main screen (users can get rid of it if they want).” Do you think that Kindle Fire will gain market share where other potential iPad competitors have failed? The BlackBerry maker has released the BlackBerry PlayBook, a tablet PC that runs on the BlackBerry platform, which is mainly targeted at corporate clients.
|
Dell Inc. (DELL): Market cap at $ 27.68 billion. (By Alexander Crawford) Amazon (AMZN) unveiled their $199 Kindle Fire tablet on Wednesday, in a move that may give Apple (AAPL) and its iPad reason to worry. Several other tablets have famously tried and failed to take away significant tablet market share from Apple this year: Hewlett-Packard’s (HPQ) TouchPad was discontinued one month after its arrival to the scene, while Research in Motion’s (RIMM) PlayBook shipped less than half of the number of units that analysts expected, reports Bloomberg.
|
Dell Inc. (DELL): Market cap at $ 27.68 billion. The Kindle Fire has a 7-inch display and runs on Google’s Android software. Access a thorough description of all companies mentioned 2.
|
06201d83-e06c-4ff8-903b-0914e67b82e3
|
726849.0
|
2011-09-20 00:00:00 UTC
|
3 Stocks with Bullet-Proof Balance Sheets
|
DELL
|
https://www.nasdaq.com/articles/3-stocks-bullet-proof-balance-sheets-2011-09-20
|
nan
|
nan
|
The brutal market swoon has reminded us of an oft-repeated lesson: even the best companies can get swept up in a downdraft. This across-the-board selling, frequently the result of an economic slowdown, can end up revealing a clear chasm. On the one side are companies that would indeed run into trouble if sales fell and financial resources grew limited. On the other side of the ledger are companies that are so strong, so flush with cash, that even another dip back to recession couldn't derail them. But because investors are also indiscriminately shedding these stocks, they're presenting clear and compelling "buy" signals.
I've come across 12 stocks that simply can't be ignored. They're sitting on huge piles of net cash, while being prodigious producers of free cash flow . The market sell-off positions these companies to put their cash and cash flow to use. Whether it's deal-making, stock buybacks, dividend hikes or simply investments in their business to pursue long-term growth, these companies can step on the gas while many others would need to retreat in an economic downturn.
You'll recognize some of these names from my recent articles. For example, I recently suggestedshares of Micron Technology (NYSE: MU ) looked quite compelling and, though they have moved up more than 10% since then, they still look far too cheap by a variety of measures.
I also wrote about Analog Devices (NYSE: ADI ) in August and noted the company has deployed its strong balance sheet on extensive research and development (R&D) spending, which has led to a great margin performance. I still like Micron and Analog Devices a lot.
The balance-sheet surprise
It's no surprise to see the big tech firms with very high cash levels. Firms such as Microsoft (Nasdaq: MSFT ) , Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and CA (NYSE: CA ) have always been highly debt-averse. They build cash hoards for a "rainy day," but their rising cash levels are reaching levels for far beyond any conceivable rainy day. The high-cash level is partially attributable to tax exposure of foreign profits when they are repatriated, though currently contemplated legislation could lower the tax rate, setting the stage for a return of this cash to the United States.
But one company is not historically seen as a balance-sheet powerhouse, but has now come to dominate such cash-focused stock screens. I'm talking about GM (NYSE: GM ) , which rallied after its late 2010 IPO at $35 a share to almost $39, but has plunged since then and is now trading at about $22.70.
How deeply has GM fallen? The automaker carries more than $30 billion in net cash, not far from its entire stock market value . It's as if investors were saying the company's auto business is worth almost nothing. This is a company that still had $136 billion in sales in 2010 (down from $180 billion in 2007). Remarkably, GM was able to generate operating income of about $16.5 billion in 2010, which was 25% higher than the 2007 levels. So sure sales have fallen, but costs have fallen even more.
Yet the current economic slowdown has led investors to again fear a 2008-style meltdown, which as you probably know, didn't play out so well for GM back then. Yet the eventual bankruptcy and IPO of GM created a new company with a sterling balance sheet. Right now, analysts expect GM to earn nearly $6 billion (or $4 a share) in 2011 and a similar amount in 2012. Let's assume analysts are too optimistic and GM fails to make this money because the possible looming economic recession may take a big bite out of sales. Simply put, this company is not poised for trouble even if it doesn't make any money in 2012. It's only a matter of time, perhaps 2013 or 2014, when business fully rebounds and GM starts making more than $5 billion a year.
Make no mistake, real challenges have emerged for GM since the well-received IPO of last fall. It has become apparent the product-development process slowed to crawl during the financial difficulties of 2008 and 2009. So GM is only now making a big R&D push, which won'tbear tangible fruit for another 12-24 months. In addition, after a steady brain drain, the company's management team has not been as impressive as the managers running Ford. GM has more work to do to build a top-notch team that really knows the auto business. Lastly, GM's highly-profitable pick-up truck business doesn't look so good right now, since the housing market is still on the ropes, leaving the hundreds of thousands of contractors employed by the construction industry with little reason to buy new trucks right now.
These challenges shouldn't be overstated, however, and there's little reason why GM should be valued at almost nothing, which is the case when you back out all that cash. When investors eventually look past the near-term economic headwinds, they'll notice GM is one of the cheapest stocks on the market.
Risks to consider: GM and the other stocks I mentioned above are unlikely to rally quickly, because first investors will need to get a sense of how short- or long-lived any economic slowdown may be.
Action to Take --> In this unsteady it market, it pays to play defense. Focusing on companies with very strong balance sheets can provide investors with upside exposure in any market rally and downside protection in any further market weakness. As market-timing is nearly impossible, investors have a rare chance to buy these balance-sheet kings while they remain so cheap.
Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Firms such as Microsoft (Nasdaq: MSFT ) , Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and CA (NYSE: CA ) have always been highly debt-averse. Whether it's deal-making, stock buybacks, dividend hikes or simply investments in their business to pursue long-term growth, these companies can step on the gas while many others would need to retreat in an economic downturn. I also wrote about Analog Devices (NYSE: ADI ) in August and noted the company has deployed its strong balance sheet on extensive research and development (R&D) spending, which has led to a great margin performance.
|
Firms such as Microsoft (Nasdaq: MSFT ) , Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and CA (NYSE: CA ) have always been highly debt-averse. The market sell-off positions these companies to put their cash and cash flow to use. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC.
|
Firms such as Microsoft (Nasdaq: MSFT ) , Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and CA (NYSE: CA ) have always been highly debt-averse. The market sell-off positions these companies to put their cash and cash flow to use. When investors eventually look past the near-term economic headwinds, they'll notice GM is one of the cheapest stocks on the market.
|
Firms such as Microsoft (Nasdaq: MSFT ) , Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and CA (NYSE: CA ) have always been highly debt-averse. The market sell-off positions these companies to put their cash and cash flow to use. This is a company that still had $136 billion in sales in 2010 (down from $180 billion in 2007).
|
1050588d-a54f-4885-a5fb-fe79af77e53f
|
726850.0
|
2011-08-29 00:00:00 UTC
|
Stock Market Bargains: Best Value Since The Reagan Administration!
|
DELL
|
https://www.nasdaq.com/articles/stock-market-bargains-best-value-reagan-administration-2011-08-29
|
nan
|
nan
|
(List compiled by Becca Lipman and Daniel Guttridge. Insider Data sourced from Yahoo! Finance, all other data sourced from Finviz.)
In the ten major US market contractions since 1949, the Standard & Poor's 500 Index price-to-earnings ratio has never been as low as it is now, reports Bloomberg.
In fact, since the Reagan presidency in 1981, investors have never paid less for equities. "The last time stocks in the index were cheaper on average during a recession was the early 1980s, a decade when the index surged 227 percent, or 403 percent including reinvested dividends."
There are several reasons for this discounted market. According to Bloomberg, "Bears" are of the opinion that low interest rates will keep the U.S in the economic slowdown that began in 2007. “Bulls” suggest the P/E ratios are low due to “indiscriminate selling” by investors who fear a repeat of the 2008 credit crisis.
Either way, Europe's debt crisis and the US downgrade to an unthinkable AA+ credit rating has sparked a $2.3 trillion drop in market value.
Most analysts, uncertain of the near future, seem confident that a recovery, albeit a sluggish one, is imminent. To demonstrate their claims they point to increasing corporate earnings, small boosts in consumer spending, and anticipated per-share profit and economic growth.
The future of the market remains uncertain, yet investors who are bullish on America's future see opportunity in the current financial climate. After all, low P/Es can mean big opportunities for investors looking to buy in at a discount.
Interested in discounted stocks? To help you start your search we put together a list of companies trading on the US stock market with low PEGs (below 1) and price to free cash flow ratios (P/FCF) under 10 - both signals that that stock is undervalued.
To refine our search we looked for the names experiencing positive levels of insider buying - a bullish signal that insiders think the company is undervalued and has good future prospects.
Do you think now is a good time to buy these potentially undervalued stocks?
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
List sorted by insider buying.
1. American International Group, Inc. (AIG): Property & Casualty Insurance Industry. Market cap of $44.15B. PEG at 0.31, P/FCF at 10.0. Net insider shares purchased over the current quarter at 6.98M, which is 3.06% of the company's 228.44M share float. The stock has performed poorly over the last month, losing 19.63%.
2. Dell Inc. (DELL): Personal Computers Industry. Market cap of $26.80B. PEG at 0.93, P/FCF at 5.72. Net insider shares purchased over the current quarter at 17.23M, which is 1.08% of the company's 1.59B share float. The stock has performed poorly over the last month, losing 11.29%.
3. AOL, Inc. (AOL): Internet Information Providers Industry. Market cap of $1.54B. PEG at 0.59, P/FCF at 5.51. Net insider shares purchased over the current quarter at 490.0K, which is 0.47% of the company's 105.24M share float. The stock is a short squeeze candidate, with a short float at 14.06% (equivalent to 6.19 days of average volume). The stock has had a couple of great days, gaining 17.81% over the last week.
4. Mercer International Inc. (MERC): Paper & Paper Products Industry. Market cap of $390.47M. PEG at 0.54, P/FCF at 1.85. Net insider shares purchased over the current quarter at 98.53K, which is 0.21% of the company's 45.87M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 3.21). The stock has had a couple of great days, gaining 7.13% over the last week.
5. PH Glatfelter Co. (GLT): Paper & Paper Products Industry. Market cap of $629.56M. PEG at 0.94, P/FCF at 9.27. Net insider shares purchased over the current quarter at 31.0K, which is 0.07% of the company's 45.22M share float. The stock is a short squeeze candidate, with a short float at 7.98% (equivalent to 11.7 days of average volume). The stock has had a couple of great days, gaining 6.83% over the last week.
6. Kohlberg Kravis Roberts & Co. (KKR): Asset Management Industry. Market cap of $8.27B. PEG at 0.47, P/FCF at 2.88. Net insider shares purchased over the current quarter at 77.40K, which is 0.04% of the company's 202.90M share float. The stock has had a couple of great days, gaining 9.3% over the last week. The stock has performed poorly over the last month, losing 17.56%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell Inc. (DELL): Personal Computers Industry. In the ten major US market contractions since 1949, the Standard & Poor's 500 Index price-to-earnings ratio has never been as low as it is now, reports Bloomberg. “Bulls” suggest the P/E ratios are low due to “indiscriminate selling” by investors who fear a repeat of the 2008 credit crisis.
|
Dell Inc. (DELL): Personal Computers Industry. To refine our search we looked for the names experiencing positive levels of insider buying - a bullish signal that insiders think the company is undervalued and has good future prospects. The stock is a short squeeze candidate, with a short float at 14.06% (equivalent to 6.19 days of average volume).
|
Dell Inc. (DELL): Personal Computers Industry. To help you start your search we put together a list of companies trading on the US stock market with low PEGs (below 1) and price to free cash flow ratios (P/FCF) under 10 - both signals that that stock is undervalued. Net insider shares purchased over the current quarter at 6.98M, which is 3.06% of the company's 228.44M share float.
|
Dell Inc. (DELL): Personal Computers Industry. In the ten major US market contractions since 1949, the Standard & Poor's 500 Index price-to-earnings ratio has never been as low as it is now, reports Bloomberg. After all, low P/Es can mean big opportunities for investors looking to buy in at a discount.
|
b58f8208-f4e5-45fc-850e-fb0f674d536e
|
726851.0
|
2011-08-24 00:00:00 UTC
|
Valuing Hewlett Packard Vs. Tech Titans IBM, Dell And Xerox
|
DELL
|
https://www.nasdaq.com/articles/valuing-hewlett-packard-vs-tech-titans-ibm-dell-and-xerox-2011-08-24
|
nan
|
nan
|
By Matt Blecker :
For several years, I avoided purchasing Hewlett Packard ( HPQ ). Lack of a coherent strategy from management, questionable acquisitions, and a less than pristine balance sheet all kept me away. But when the stock took a 25% loss in two days, I took a long position, feeling the valuation was compelling and margin of safety sufficient. Despite management's mistakes, Hewlett Packard is a much more profitable company than is currently portrayed in the media.
Hewlett's financial health is much worse than many tech giants such as Microsoft, Intel, and Cisco; three companies with pristine balance sheets and tons of net cash, even adjusting for repatriation. Hewlett is a different story, with slightly negative tangible book value and a net debt position as of 4/30/11 of $10.18 billion. It is also important to look at the quality of Hewlett's receivables, which are a significant portion of its assets. HPQ has revolving trade receivables-based facilities permitting the firm to sell certain trade receivables to third parties. Currently, HPQ's maximum capacity under these programs is approximately 10% of its total accounts plus financing receivables. HPQ records a write-off or specific reserve when a receivable reaches 180 days past due. The majority of receivables are paying in a timely fashion, however investors much watch carefully for significant increases in trade-based receivables capacity and changes in delinquencies and accounts 90 days or more past due.
Hewlett's saving grace is its consistent free cash flow generation as shown below:
Hewlett's free cash flow has grown from $6 billion in 2006 to nearly $10 billion currently, which is more than enough to meet its obligations, even if their cost of doing business and cost of financing rises. Although management has seem lost recently and spent carelessly on acquisitions, they have bought back a substantial amount of shares with a portion of this free cash flow, which has helped earnings per share growth immensely. If you have been listening to recent headlines, you might think Hewlett's earnings growth has been terrible. Below tells a different story:
Hewlett's EPS has nearly doubled the last five years, helped by the tremendous share buyback program, which will most likely be suspended due to the Autonomy acquisition.
Although Hewlett's R & D as a percentage of revenues declined from 2003 on, it is a misconception that lower R & D expenses significantly enhanced profitability. Hewlett reached a peak of $3.65 billion in R & D spending in 2003, and although R & D as a percentage of revenue began to decline after 2003, Hewlett averaged more than $3.5 billion annually in R & D spending from 2004-08. It was only after the credit crisis when R & D spending declined significantly; however was still nearly $3 billion annually in 2009 and 2010, and is on pace to be higher this year. This is not surprising as many companies became cautious after the market crash in the fall of 2008. Even if Hewlett spent $1 billion per year more on R & D after 2003 without the increase benefiting income, they still would have been incredibly profitable, as net income grew from $6.2 billion in 2006 to over $9 billion, based on HPQ's trailing twelve month net income as of 4/30/11.
Below I will break Hewlett into its three main segments and compare its performance against major competitors in order to determine a fair value for the company.
Hewlett's total Enterprise business has a healthy operating margin, which has grown impressively and is only slightly lower than [[IBM]]'s:
click to enlarge
Hewlett's operating margin in its combined enterprise segments has increased significantly, from 9% to over 15% the last five years. IBM's operating profit margin has grown from 13.1% in 2006 to 17.1% as shown below:
IBM's EV/EBIT multiple is currently just above 10 as shown below:
IBM's financial position is no better than Hewlett's as they have a slightly negative tangible book value as well and a similar amount of liquidity and quality of receivables. IBM's current tangible book value is approximately -$5.7 billion while Hewlett's is approximately -$4.4 billion. Based on the fact that Hewlett's financial position is no worse than IBM and Hewlett's operating margin is only slightly lower, the market should not be valuing IBM at twice the EV/EBIT multiple of Hewlett. HPQ should be given an EV/EBIT multiple only slightly lower than IBM, due to its slightly lower operating margin. At 9x EV/EBIT, HPQ's Enterprise business, based on an EBIT of $9 billion, would be valued at approximately $81 billion, nearly $20 billion more than its current total enterprise value. Although some adjustments need to be made for other expenses, this essentially means if you bought Hewlett today, you would get the PSG and IPG businesses for free.
Hewlett's IPG segment also has a healthy operating margin as shown below:
click to enlarge
Hewlett's margin far exceeds that of Xerox as shown below:
I adjusted EBIT for non-operating investment income and non-operating interest expense, as some financing revenue and costs are part of their business. Xerox's ( XRX ) enterprise value and EV/EBIT multiple are shown below:
Although laser printers and supplies can be profitable, I will be conservative in my valuation estimate because of the potential cannibalization from digital alternatives and assumption of this segment as a slow growth business. If we value Hewlett's IPG business at 10x EV/ EBIT, even though its operating margin is significantly higher than Xerox, based on $4.5 billion of operating income, it would command a value of $45 billion.
Lastly, I will compare Hewlett's PSG segment to Dell. Hewlett's operating income and margins from its PSG segment are shown below:
click to enlarge
This is clearly Hewlett's least profitable segment of the three; maybe why management has finally decided to explore spin-off options. Dell's profit margins are comparable as shown below:
Dell's ( DELL ) enterprise value and EV/EBIT multiple are shown below:
Because Hewlett and Dell carry similar margins, and I would argue, the same brand name within this segment, they should be valued almost identically. If Hewlett is valued at 4.5x EV/EBIT based on a conservative estimate of $2 billion EBIT, we arrive at a value of $9 billion for the PSG segment. Even if it is assumed Hewlett will lose some market share to Dell, this segment should still command at least an $8 billion valuation. Hewlett's products are good enough to retain significant market share.
When valuing Hewlett's three main segments separately we arrive at an Enterprise value of approximately $135 billion ($81 + 45 + 9). Adjusting for net debt of approximately $10 billion, this would give us an equity value of $125 billion, over twice Hewlett's current market value. It is clear the parts are worth more than the sum and a break up of Hewlett might be smart.
When evaluating Hewlett's fair value as one company we must adjust not only for its financial services segment, which has high single digit margins and a small profit contributing to the bottom line, but also for other costs, as Hewlett's total projected current year EBIT is approximately $12.75 billion compared with over $15 billion for its three main segments combined. As stated, the lower total EBIT is due to extra costs, much of which are related to corporate expenses and acquisitions.
Hewlett's Enterprise business contributes approximately 46% of its revenues; its PSG segment approximately 30%; and its IPG segment approximately 21% as of 4/30/11. Other income from its financial services segment and corporate investments is negligible. Pro-rating the % of revenues from its three main segments, I arrive at an EV/EBIT multiple of 7.6 for Hewlett. If we use Hewlett's current projected EBIT of $12.75 billion, we arrive at an enterprise value of approximately $96.9 billion and an equity value of approximately $86.35 billion after adjusting for net debt of $10.18 billion and a small minority interest. This gives us a fair value of $39.54 per share based on diluted shares outstanding of 2.184 billion as of 4/30/11.
If I value Hewlett using DCF, I arrive at a fair value of $49 per share using fairly conservative segment revenue growth and margin estimates; assuming depreciation/amortization and capital expenditures grow in line with slow revenue growth; and based on a 10% WACC and 2% near-term and terminal growth rate.
With an intrinsic value range of $40-49 per share and a potential break-up value even higher, Hewlett offers significant upside and a sufficient margin of safety at its current price under $25 per share.
Disclosure: I am long HPQ .
See also 4 Oil And Gas Stocks To Sell, 1 To Buy on seekingalpha.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Lastly, I will compare Hewlett's PSG segment to Dell. Dell's profit margins are comparable as shown below: Dell's ( DELL ) enterprise value and EV/EBIT multiple are shown below: Because Hewlett and Dell carry similar margins, and I would argue, the same brand name within this segment, they should be valued almost identically. Even if it is assumed Hewlett will lose some market share to Dell, this segment should still command at least an $8 billion valuation.
|
Lastly, I will compare Hewlett's PSG segment to Dell. Dell's profit margins are comparable as shown below: Dell's ( DELL ) enterprise value and EV/EBIT multiple are shown below: Because Hewlett and Dell carry similar margins, and I would argue, the same brand name within this segment, they should be valued almost identically. Even if it is assumed Hewlett will lose some market share to Dell, this segment should still command at least an $8 billion valuation.
|
Lastly, I will compare Hewlett's PSG segment to Dell. Dell's profit margins are comparable as shown below: Dell's ( DELL ) enterprise value and EV/EBIT multiple are shown below: Because Hewlett and Dell carry similar margins, and I would argue, the same brand name within this segment, they should be valued almost identically. Even if it is assumed Hewlett will lose some market share to Dell, this segment should still command at least an $8 billion valuation.
|
Lastly, I will compare Hewlett's PSG segment to Dell. Dell's profit margins are comparable as shown below: Dell's ( DELL ) enterprise value and EV/EBIT multiple are shown below: Because Hewlett and Dell carry similar margins, and I would argue, the same brand name within this segment, they should be valued almost identically. Even if it is assumed Hewlett will lose some market share to Dell, this segment should still command at least an $8 billion valuation.
|
f1514001-5d27-4751-b408-58f35390ffa0
|
726852.0
|
2011-08-19 00:00:00 UTC
|
Market Wrap-Up for Aug.19 (HPQ, DELL, INTU, CSCO, BAC, C, more)
|
DELL
|
https://www.nasdaq.com/articles/market-wrap-aug19-hpq-dell-intu-csco-bac-c-more-2011-08-19
|
nan
|
nan
|
The market appeared to be bouncing back early in the day, even as we were greeted with news that the Japanese Yen is at the strongest level versus dollar since World War II. Unfortunately the early buying gave way to more profit-taking as the averages closed near the lows of the day. It appears there is more work to be done in the indices before things can stabilize and volatility isn't a daily market focus for investors. In my opinion, valuations in some areas (cyclical, industrial, and momentum names) are not factoring in enough of an economic slowdown.
Perhaps the biggest story in the market today was the dive in Hewlett-Packard ( HPQ ) shares (down 20%). Ironically, fellow PC maker Dell ( DELL ) shares closed slightly higher, even as the PC sector is clearly a tough business to be in (H-P is spinning off its struggling PC business ). Anyone who has been in the market
|
Ironically, fellow PC maker Dell ( DELL ) shares closed slightly higher, even as the PC sector is clearly a tough business to be in (H-P is spinning off its struggling PC business ). The market appeared to be bouncing back early in the day, even as we were greeted with news that the Japanese Yen is at the strongest level versus dollar since World War II. It appears there is more work to be done in the indices before things can stabilize and volatility isn't a daily market focus for investors.
|
Ironically, fellow PC maker Dell ( DELL ) shares closed slightly higher, even as the PC sector is clearly a tough business to be in (H-P is spinning off its struggling PC business ). The market appeared to be bouncing back early in the day, even as we were greeted with news that the Japanese Yen is at the strongest level versus dollar since World War II. Unfortunately the early buying gave way to more profit-taking as the averages closed near the lows of the day.
|
Ironically, fellow PC maker Dell ( DELL ) shares closed slightly higher, even as the PC sector is clearly a tough business to be in (H-P is spinning off its struggling PC business ). The market appeared to be bouncing back early in the day, even as we were greeted with news that the Japanese Yen is at the strongest level versus dollar since World War II. It appears there is more work to be done in the indices before things can stabilize and volatility isn't a daily market focus for investors.
|
Ironically, fellow PC maker Dell ( DELL ) shares closed slightly higher, even as the PC sector is clearly a tough business to be in (H-P is spinning off its struggling PC business ). The market appeared to be bouncing back early in the day, even as we were greeted with news that the Japanese Yen is at the strongest level versus dollar since World War II. Unfortunately the early buying gave way to more profit-taking as the averages closed near the lows of the day.
|
f839fe59-3e91-4b11-a7d4-ecf2bc513efd
|
726853.0
|
2011-08-17 00:00:00 UTC
|
Stocks Shed Early Upside in Choppy Trade as Inflation Fears, Tech Weakness Weigh
|
DELL
|
https://www.nasdaq.com/articles/stocks-shed-early-upside-choppy-trade-inflation-fears-tech-weakness-weigh-2011-08-17
|
nan
|
nan
|
Stocks are losing steam at mid-day, after the Dow Jones Industrials had gain 104 points with 27 of its 30 components moving to the upside. The initial gain came after producer price data came in stronger than analysts had anticipated. Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery.
Producer prices rose a seasonally adjusted 0.2% in July, as a surge in tobacco prices offset a decline in energy costs, the Labor Department said this morning. Excluding food and energy, the so-called core PPI rose 0.4%, the largest monthly gain since January, MarketWatch reported. Both readings were stronger than Wall Street economists predicted. Over 12 months, producer prices have climbed an unadjusted 7.2%.
Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. The Street view is for EPS of 0.49 on sales of $15.76 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%. The company also revised its full-year revenue-growth outlook to 1% to 5% from the previous range of 5% to 9%.
In company news:
E*Trade Financial ( ETFC ) shares are higher, after the online brokerage said July daily Average Revenue Trades were 144,023, an 11% increase from June and a 12% increase from the year-ago period. It ended the month with 2.8 million brokerage accounts - including 24,110 gross new brokerage accounts and 916 net new brokerage accounts during the month.
Shares of Southern Union ( SUG ) are higher after Williams ( WMB ) said late Tuesday that it still wants to buy Southern Union for $44 per share in cash. But Southern Union still backs a competing offering from Energy Transfer Equity, Reuters reported.
Five tobacco companies including Lorillard ( LO ), Reynolds American (RAI) and Vector Group (VGR) have filed a lawsuit to stop an FDA regulation that requires graphic anti-smoking warning labels to be placed on cigarette packs, The New York Times reported. Altria (MO), the parent company of Philip Morris, said it supported the new law and has not joined the lawsuits.
Shares of Kinetic Concepts (KCI) are down after Bloomberg reported that Bain Capital had pulled out of talks with Avista Capital Partners involving a bid for the company. Bain Capital and Avista Capital were seeking to raise financing for a takeover offer that would top a $5 billion bid from Apax Partners that is already on the table.
In earnings news:
--Shares of Target (TGT) are higher after the upscale discount retailer reported second quarter earnings per share came in at $1.03, which was better than the analyst consensus of $0.97 a share on Thomson Reuters. Sales were $15.9 billion, which was shy of Street estimates of $16.1 billion. For Q3, the company expects EPS in the range of $0.70 to $0.75 per share, vs. the Street view of $0.71 per share. For the full year 2011, EPS is seen in the range of $4.15 to $4.30 per share, vs. expectations of $4.12 per share.
--Shares of Staples Inc. (SPLS) have turned lower, down 0.63%, after the office supply chain reported fiscal Q2 adjusted EPS came in at $0.22 compared with $0.20 a year earlier, two cents better than the Street view. Sales were up 5.2% to $5.82 million. The Street looked for $5.64 million. For the fiscal year, Staples said it expects to achieve adjusted earnings per share between $1.39 and $1.45. Analysts are, on average, forecasting $1.36 a share on the year.
Commodities are higher. December gold contracts are up 0.04% to $1,786 an ounce while September crude oil contacts are up 0.82% to $87.41 a barrel.
In energy ETFs, the United States Oil Fund (USO) is up 0.41% to $33.97 and the United States Natural Gas fund (UNG) is up 0.4%, to $9.98.
In precious metal ETFs, the SPDR Gold Trust (GLD) is up 0.07% to $174.04. Market Vectors Gold Miners (GDX) is up 0.32% to $60.47. iShares Silver Trust (SLV) is down 0.26% to $38.91.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
6fa97526-53a2-426c-b41a-e18e15536ac1
|
726854.0
|
2011-08-17 00:00:00 UTC
|
Mid-Day Update: Stock Rally Weakens After Initial Surge; Commodities Higher
|
DELL
|
https://www.nasdaq.com/articles/mid-day-update-stock-rally-weakens-after-initial-surge-commodities-higher-2011-08-17
|
nan
|
nan
|
Here's where markets stand at mid-day:
-NYSE up 2.23 (+0.03%) to 7,396.72
-DJIA down 34.32 (-0.3%) to 11,371.61
-S&P 500 down 2.80 (-0.23%) to 1,189.96
-Nasdaq down 25.49 (-1.01%) to 2,497.96
GLOBAL SENTIMENT
Nikkei down 0.6%.
Hang Seng up 0.4%.
Shanghai Composite down 0.3%.
FTSE-100 down 0.4%.
MID-DAY NYSE INDEX WATCH
NYSE Energy up 0.16% at 12,096.60
NYSE Financial up 0.22% at 4,244.37
NYSE Health Care down 2.82% at 6,631.82
NYSE Arca Tech 100 down 0.94% at 1,031.02
UPSIDE MOVERS
(+) EK (+18.2%) jumps on patent sale/deal speculation.
(+) BJ (+0.1%) beats with earnings though sales lag.
DOWNSIDE MOVERS
(-) LPSN (-1.8%) started with Buy rating.
(-) CHS (-5.6%) beats with earnings, making acquisition.
(-) CSIQ (-5.6%) stock down after results; earnings do top year ago.
(-) ANF (-9.7%) down despite earnings beat.
(-) AIXG (-10.9%) downgraded.
(-) BCSI (-26%) continues evening slide that followed earnings miss, new CEO; downgraded today.
(-) FSLR (-6.1%) downgraded.
(-) DE (-0.9%) down after results.
(-) BKD (-3.9%) downgraded.
MARKET DIRECTION
Stocks are losing steam at mid-day, after the Dow Jones Industrials had gain 104 points with 27 of its 30 components moving to the upside. The initial gain came after producer price data came in stronger than analysts had anticipated. Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery.
Producer prices rose a seasonally adjusted 0.2% in July, as a surge in tobacco prices offset a decline in energy costs, the Labor Department said this morning. Excluding food and energy, the so-called core PPI rose 0.4%, the largest monthly gain since January, MarketWatch reported. Both readings were stronger than Wall Street economists predicted. Over 12 months, producer prices have climbed an unadjusted 7.2%.
Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. The Street view is for EPS of 0.49 on sales of $15.76 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%. The company also revised its full-year revenue-growth outlook to 1% to 5% from the previous range of 5% to 9%.
In company news:
E*Trade Financial ( ETFC ) shares are higher, after the online brokerage said July daily Average Revenue Trades were 144,023, an 11% increase from June and a 12% increase from the year-ago period. It ended the month with 2.8 million brokerage accounts - including 24,110 gross new brokerage accounts and 916 net new brokerage accounts during the month.
Shares of Southern Union ( SUG ) are higher after Williams ( WMB ) said late Tuesday that it still wants to buy Southern Union for $44 per share in cash. But Southern Union still backs a competing offering from Energy Transfer Equity, Reuters reported.
Five tobacco companies including Lorillard ( LO ), Reynolds American (RAI) and Vector Group (VGR) have filed a lawsuit to stop an FDA regulation that requires graphic anti-smoking warning labels to be placed on cigarette packs, The New York Times reported. Altria (MO), the parent company of Philip Morris, said it supported the new law and has not joined the lawsuits.
Shares of Kinetic Concepts (KCI) are down after Bloomberg reported that Bain Capital had pulled out of talks with Avista Capital Partners involving a bid for the company. Bain Capital and Avista Capital were seeking to raise financing for a takeover offer that would top a $5 billion bid from Apax Partners that is already on the table.
In earnings news:
--Shares of Target (TGT) are higher after the upscale discount retailer reported second quarter earnings per share came in at $1.03, which was better than the analyst consensus of $0.97 a share on Thomson Reuters. Sales were $15.9 billion, which was shy of Street estimates of $16.1 billion. For Q3, the company expects EPS in the range of $0.70 to $0.75 per share, vs. the Street view of $0.71 per share. For the full year 2011, EPS is seen in the range of $4.15 to $4.30 per share, vs. expectations of $4.12 per share.
--Shares of Staples Inc. (SPLS) have turned lower, down 0.63%, after the office supply chain reported fiscal Q2 adjusted EPS came in at $0.22 compared with $0.20 a year earlier, two cents better than the Street view. Sales were up 5.2% to $5.82 million. The Street looked for $5.64 million. For the fiscal year, Staples said it expects to achieve adjusted earnings per share between $1.39 and $1.45. Analysts are, on average, forecasting $1.36 a share on the year.
Commodities are higher. December gold contracts are up 0.04% to $1,786 an ounce while September crude oil contacts are up 0.82% to $87.41 a barrel.
In energy ETFs, the United States Oil Fund (USO) is up 0.41% to $33.97 and the United States Natural Gas fund (UNG) is up 0.4%, to $9.98.
In precious metal ETFs, the SPDR Gold Trust (GLD) is up 0.07% to $174.04. Market Vectors Gold Miners (GDX) is up 0.32% to $60.47. iShares Silver Trust (SLV) is down 0.26% to $38.91.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
Still, corporate earnings for some firms - such as Dell Inc. ( DELL ) - gave investors pause and a reason to reconsider the strength of the economic recovery. Shares of Dell Inc. ( DELL ) are down sharply after the computer maker reported late yesterday that Q2 non-GAAP EPS came in at $0.54 on sales of $15.7 billion. Dell raised its non-GAAP operating income growth expectation for FY 2012 to 17% to 23% year-over-year from 12% to 18%.
|
1fb562f0-c86d-43ee-a306-23a526fd8723
|
726855.0
|
2011-08-16 00:00:00 UTC
|
Opening View: Investors Ignore Upbeat Earnings as German GDP Weighs on Sentiment
|
DELL
|
https://www.nasdaq.com/articles/opening-view-investors-ignore-upbeat-earnings-german-gdp-weighs-sentiment-2011-08-16
|
nan
|
nan
|
The Dow notched its third straight victory on Monday, as M&A mania swept the Street. However, as we've seen in recent weeks, the bulls shouldn't get too comfortable in the driver's seat, as the market has been prone to sharp upswings and downswings from day to day. That being said, futures on all three major indexes are pointing lower this morning, as downbeat data from Germany has taken the wind out of the bulls' sails. Specifically, it was reported that Germany's economy expanded just 0.1% in the second quarter from the preceding three months -- a discouraging reversal from the 1.3% growth posted in the first quarter. This news has simply bolstered fears of a global economic downturn, with futures on the Dow Jones Industrial Average (DJIA) pointing to a starkly lower open. However, a duo of upbeat reports from retail titans Wal-Mart Stores (WMT - 49.98) and The Home Depot (HD - 31.46) may help boost sentiment, as could today's reports on housing and industrial production.
In earnings news, retail heavyweight WMT reported that its second-quarter net income climbed to $3.8 billion from $3.6 billion, with earnings coming in at $1.09 per share. Meanwhile, net sales jumped 5.5% to $108.64 billion, while net revenue rose 5.4% to $109.37 billion. Analysts had predicted WMT to post a slightly slimmer profit of $1.08 per share on $108.1 billion of revenue. Wal-Mart's U.S. comparable-store sales fell 0.9%, marking the ninth straight quarterly decline, as consumers have tightened their belts as a result of the still-struggling economy. However, it seems traders have taken a glass-half-full approach to the report, with WMT up 2% ahead of the open.
HD said its second-quarter net income rose 14% as a result of higher net sales and comparable-store sales. For the quarter, HD reported a profit of $1.36 billion, up from $1.19 billion in the year-earlier period, while earnings jumped to 86 cents per share. Meanwhile, revenue arrived at $20.23 billion. Analysts had predicted HD to post a profit of 83 cents per share on revenue of $19.97 billion. What's more, the home improvement retailer also upped its outlook for the year, saying it now expects a profit of $2.34 per share; analysts had forecast slimmer fiscal-year earnings of $2.30 per share.
Agilent Technologies (A - 37.50) reported a fiscal third-quarter profit of $330 million, or 92 cents per share, up 61% from its year-ago earnings of $205 million, or 58 cents per share. Excluding items, Agilent earned 77 cents per share, while revenue climbed 22% to $1.69 billion. The results topped analysts' expectations for a profit of 73 cents per share on $1.66 billion in revenue. Looking ahead, the company raised its full-year forecast, with Agilent now predicting adjusted earnings of $2.90 to $2.92 per share on revenue of $6.64 billion to $6.66 billion. For comparison, Wall Street's consensus estimates are calling for a fiscal 2011 profit of $2.88 per share on $6.62 billion in revenue.
Urban Outfitters (URBN - 29.69) confessed that its second-quarter profit fell 21% to $56.7 million, or 35 cents per share, even as revenue improved 10% to $609.2 million. Gross margin for the quarter contracted to 37.9% from 42.5%, due to deeper discounts at its Anthropologie and Urban Outfitters chains. However, the results actually topped analysts' expectations, with Wall Street looking for a profit of just 32 cents per share on $604 million in revenue.
Earnings Preview
Today's earnings docket will feature reports from Saks ( SKS ), Dick's Sporting Goods ( DKS ), TJX Companies ( TJX ), Dell ( DELL ), Analog Devices ( ADI ), JinkoSolar (JKS), and Perrigo (PRGO). Keep your browser at SchaeffersResearch.com for more news as it breaks.
Economic Calendar
Today's docket includes July housing starts, import/export prices, industrial production, and capacity utilization. Inflation data starts to hit the Street on Wednesday, with the release of the producer price index (PPI) and core PPI for July. Initial and continuing jobless claims are on the calendar for Thursday, along with the consumer price index (CPI) and core CPI for July. Traders will also hear about existing home sales and the Conference Board's index of leading economic indicators for July, as well as the August Philadelphia Fed index. There are no major economic reports on Friday.
Market Statistics
Equity option activity on the Chicago Board Options Exchange (CBOE) saw 976,356 call contracts traded on Monday, compared to 680,288 put contracts. The resultant single-session put/call ratio arrived at 0.70, while the 21-day moving average was 0.73.
The summer 2011 issue of SENTIMENT magazine is now available here.
Overseas Trading
Asian markets ended mixed today, as troubling economic data kept some bulls on the sidelines. Taking their cues from Wall Street, Seoul-listed equities enjoyed their biggest daily percentage gain in two years after a long holiday weekend. Meanwhile, Google's bid to acquire Motorola Mobility provided a boost for smartphone stocks across the region. However, Shanghai snapped a four-day winning streak, as lingering macroeconomic anxieties prompted a round of profit-taking. By the close, China's Shanghai Composite lost 0.7%, Hong Kong's Hang Seng gave up 0.2%, Japan's Nikkei added 0.2%, and South Korea's Kospi rallied 4.8%.
European shares are solidly lower at midday, as traders respond to a lackluster reading on Germany's gross domestic product (GDP). In fact, frustratingly sluggish growth in Germany also translated to a softer-than-anticipated reading on the broader euro zone's GDP, which edged up only 0.2% during the three months ended in June. As a result, the bears are firmly in control, as German Chancellor Angela Merkel prepares to meet with French President Nicolas Sarkozy to discuss ongoing debt concerns. At last check, the German DAX is down 2.7%, the French CAC 40 has shed 2%, and London's FTSE 100 is off 1.5%.
Currencies and Commodities
Crude has surrendered a portion of Monday's gains, when M&A mania and an upbeat GDP report from Japan boosted black gold to a close above $87 for the first time since Aug. 3. However, weak data out of Germany is weighing heavily this morning, with crude futures currently 1.2 points, or 1.4%, lower. Meanwhile, the dollar has edged higher this morning -- a factor which also tends to have a negative effect on black gold. Ahead of the open, the U.S. dollar index is up 0.3 point, or 0.4%. Finally, gold is looking to resume its rally to record highs amid an uncertain economic climate, with the precious metal up 21.3 points, or 1.2%, in pre-market trading.
Unusual Put and Call Activity:
For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations .
Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Earnings Preview Today's earnings docket will feature reports from Saks ( SKS ), Dick's Sporting Goods ( DKS ), TJX Companies ( TJX ), Dell ( DELL ), Analog Devices ( ADI ), JinkoSolar (JKS), and Perrigo (PRGO). By the close, China's Shanghai Composite lost 0.7%, Hong Kong's Hang Seng gave up 0.2%, Japan's Nikkei added 0.2%, and South Korea's Kospi rallied 4.8%. As a result, the bears are firmly in control, as German Chancellor Angela Merkel prepares to meet with French President Nicolas Sarkozy to discuss ongoing debt concerns.
|
Earnings Preview Today's earnings docket will feature reports from Saks ( SKS ), Dick's Sporting Goods ( DKS ), TJX Companies ( TJX ), Dell ( DELL ), Analog Devices ( ADI ), JinkoSolar (JKS), and Perrigo (PRGO). However, a duo of upbeat reports from retail titans Wal-Mart Stores (WMT - 49.98) and The Home Depot (HD - 31.46) may help boost sentiment, as could today's reports on housing and industrial production. In earnings news, retail heavyweight WMT reported that its second-quarter net income climbed to $3.8 billion from $3.6 billion, with earnings coming in at $1.09 per share.
|
Earnings Preview Today's earnings docket will feature reports from Saks ( SKS ), Dick's Sporting Goods ( DKS ), TJX Companies ( TJX ), Dell ( DELL ), Analog Devices ( ADI ), JinkoSolar (JKS), and Perrigo (PRGO). In earnings news, retail heavyweight WMT reported that its second-quarter net income climbed to $3.8 billion from $3.6 billion, with earnings coming in at $1.09 per share. For the quarter, HD reported a profit of $1.36 billion, up from $1.19 billion in the year-earlier period, while earnings jumped to 86 cents per share.
|
Earnings Preview Today's earnings docket will feature reports from Saks ( SKS ), Dick's Sporting Goods ( DKS ), TJX Companies ( TJX ), Dell ( DELL ), Analog Devices ( ADI ), JinkoSolar (JKS), and Perrigo (PRGO). That being said, futures on all three major indexes are pointing lower this morning, as downbeat data from Germany has taken the wind out of the bulls' sails. In earnings news, retail heavyweight WMT reported that its second-quarter net income climbed to $3.8 billion from $3.6 billion, with earnings coming in at $1.09 per share.
|
d5165f0c-0fe8-40a8-989c-4a4e8fcb78b7
|
726856.0
|
2011-08-15 00:00:00 UTC
|
Tech Bubble: Here's What Tech Executives Are Buying and Selling
|
DELL
|
https://www.nasdaq.com/articles/tech-bubble-heres-what-tech-executives-are-buying-and-selling-2011-08-15
|
nan
|
nan
|
(List compiled by Becca Lipman. Insider data sourced from Yahoo Finance)
While history may be doomed to repeat itself, technology companies have learned a thing or two from the tech bubble of 2001 and are in no hurry to revisit that landslide.
Meanwhile, social media sites have exploded. Startups, marketing, and business models have shifted drastically to accommodate them and social media businesses appear to be booming, almost uncontrollably.
If there is to be another "tech bubble" then social media companies seem the logical place for such an implosion. After all, the social media markets never learned their lesson the hard way.
An infographic from Column Five (embedded below) offers some interesting insight into this potential-social-media-bubble. It highlights, among other things, the not-too-surprising realization that today's interest in technology and internet stock is concentrated in social media, outwearing retail and commerce (their runner ups) by 15%.
And then comes the more intriguing part: significantly increased insider selling of stock options. More specifically, ex employees, who represent 86% of stock sellers, 39% of which is thanks to Facebook's ex-employees.
Many analysts follow insider buying trends because, after all, insiders know more about their companies than anyone else. Their investment activity is closely monitored and can tell us a lot about where they feel the business is heading.
This is none-the-more-evident with the daily-deals website and IPO hopeful, Groupon. According to the infographic, "even more so than Facebook, Groupon has seen not only its early employees cash in their stocks, but their early investors and founders. The company has been quickly losing money."
Here's the infographic. For a larger view, simply click on the image:
Cliff Kuang, editor of Co.Design, adds "I think, that Groupon's founders have been far more willing to cash out than Facebook's: The daily deal rage is a far shakier business, with huge new competitors every day. Of course you'd want to get out now."
To help you conduct your own analysis of the so called tech-boom, we list the top stocks by insider selling in the Internet information providers industry.
To show you the other side of things, we also list the names in the greater technology sector with the highest level of insider buying. Sure enough, no consumer web or social media sites made that list. See below for details.
Insiders seem doubtful/hopeful on these tech stocks - are you?
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
All stocks considered have market caps above $300M. List sorted by insider buying as a percentage of share float.
1. Google Inc. (GOOG): Internet Information Providers Industry. Market cap of $182.04B. Current price at $563.77. Net insider shares sold over the last 6 months at -1,915,430, equivalent to 0.76% of the 253.29M share float. The stock has gained 15.92% over the last year.
2. Sohu.com Inc. (SOHU): Internet Information Providers Industry. Market cap of $3.08B. Current price at $80.45. Net insider shares sold over the last 6 months at -225,241, equivalent to 0.75% of the 30.09M share float. The stock has had a couple of great days, gaining 9.74% over the last week.
3. Travelzoo Inc. (TZOO): Internet Information Providers Industry. Market cap of $751.73M. Current price at $45.67. Net insider shares sold over the last 6 months at -8,200, equivalent to 0.15% of the 5.54M share float. The stock is currently stuck in a downtrend, trading -22.39% below its SMA20, -26.63% below its SMA50, and -16.99% below its SMA200. It's been a rough couple of days for the stock, losing 6.34% over the last week.
4. Yahoo! Inc. (YHOO): Internet Information Providers Industry. Market cap of $17.70B. Current price at $13.59. Net insider shares sold over the last 6 months at -1,228,030, equivalent to 0.11% of the 1.14B share float. The stock has had a couple of great days, gaining 13.21% over the last week.
Technology companies with the greatest levels of insider buying:
1. Motorola Solutions, Inc. (MSI): Communication Equipment Industry. Market cap of $13.73B. Current price at $40. Net insider shares purchases over the last 6 months at 17,600,969, equivalent to 6.3% of the 279.46M share float. The stock is currently stuck in a downtrend, trading -7.38% below its SMA20, -10.36% below its SMA50, and -12.56% below its SMA200. It's been a rough couple of days for the stock, losing 5.06% over the last week.
2. American Superconductor Corporation (AMSC): Diversified Electronics Industry. Market cap of $353.89M. Current price at $6.98. Net insider shares purchases over the last 6 months at 1,508,478, equivalent to 3.86% of the 39.06M share float. The stock is a short squeeze candidate, with a short float at 22.86% (equivalent to 6.83 days of average volume). The stock has had a couple of great days, gaining 13.5% over the last week. The stock has performed poorly over the last month, losing 12.53%.
3. VMware, Inc. (VMW): Technical & System Software Industry. Market cap of $38.29B. Current price at $90.66. Net insider shares purchases over the last 6 months at 1,621,764, equivalent to 2.03% of the 80.04M share float. The stock has gained 18.7% over the last year.
4. Merge Healthcare Incorporated. (MRGE): Healthcare Information Services Industry. Market cap of $531.74M. Current price at $6.31. Net insider shares purchases over the last 6 months at 281,000, equivalent to 1.39% of the 20.16M share float. Exhibiting strong upside momentum--currently trading 15.62% above its SMA20, 19.65% above its SMA50, and 34.52% above its SMA200. The stock has had a couple of great days, gaining 14.1% over the last week.
5. Dell Inc. (DELL): Personal Computers Industry. Market cap of $28.04B. Current price at $14.87. Net insider shares purchases over the last 6 months at 17,230,709, equivalent to 1.07% of the 1.61B share float. The stock has performed poorly over the last month, losing 10.9%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell Inc. (DELL): Personal Computers Industry. Insider data sourced from Yahoo Finance) While history may be doomed to repeat itself, technology companies have learned a thing or two from the tech bubble of 2001 and are in no hurry to revisit that landslide. It highlights, among other things, the not-too-surprising realization that today's interest in technology and internet stock is concentrated in social media, outwearing retail and commerce (their runner ups) by 15%.
|
Dell Inc. (DELL): Personal Computers Industry. To help you conduct your own analysis of the so called tech-boom, we list the top stocks by insider selling in the Internet information providers industry. Net insider shares sold over the last 6 months at -1,915,430, equivalent to 0.76% of the 253.29M share float.
|
Dell Inc. (DELL): Personal Computers Industry. To help you conduct your own analysis of the so called tech-boom, we list the top stocks by insider selling in the Internet information providers industry. Visualize annual returns for all stocks mentioned All stocks considered have market caps above $300M.
|
Dell Inc. (DELL): Personal Computers Industry. Startups, marketing, and business models have shifted drastically to accommodate them and social media businesses appear to be booming, almost uncontrollably. Insiders seem doubtful/hopeful on these tech stocks - are you?
|
3755aa52-fa5d-4048-967c-ae5afe3fee5b
|
726857.0
|
2011-07-21 00:00:00 UTC
|
Rebooting the PC Industry: List of Companies Primed to Benefit
|
DELL
|
https://www.nasdaq.com/articles/rebooting-pc-industry-list-companies-primed-benefit-2011-07-21
|
nan
|
nan
|
(List compiled by Andrew Dominguez and Danny Guttridge. Andrew owns AAPL stock. Data sourced from Finviz)
In the PC industry, tablet computing is the new black . And this is only a decade or so after black became the new beige.
PC makers are scrambling to rejig their business strategies in order to prosper in what Apple CEO Steve Jobs calls “the post-PC era” (viaCNET).
Are we really in the post-PC era? Recent data suggests so, at least in Europe and the US. According to an earnings release Tuesday, Apple sold five times as many iPhones and twice as many iPads as it did Mac computers during the last quarter, reports Jordan Robertson of theAssociated Press.
Apple is a leading smartphone handset maker and is by far the number one tablet maker.
Apple’s data reflects the trend of slowing PC sales growth in Europe and the US. In the 2nd quarter of this year, PC shipments grew by around 2%, below the estimates of Gartner and International Data Corp. (via The Wall Street Journal).
So where do PC makers go from here? Intel CEO Paul Otellini told investors that PC makers and chipmakers should shift their focus to the developing world, particularly the BRIC countries (Brazil, Russia, India, China) where a rapidly growing middle class is expected to drive double digit growth in the industry.
Simultaneously, Intel, the market leader in PC chips, is trying to grow its tablet and smartphone chipset businesses (iPad’s do not have Intel Inside), a field dominated by the ARM chipset architecture designed by ARM Holdings, adds Robertson of the AP.
Interested in which companies stand to gain most from the shifting PC landscape? To help you with your own research, here is a list of PC manufacturers and chipmakers that are active in both the PC and tablet computing markets.
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize annual returns for all stocks mentioned
List sorted by market cap.
1. Apple Inc. (AAPL): Market cap of $348.49B. Its products and services include Macintosh (Mac) computers, iPhone, iPad, iPod, Apple TV, Xserve, a portfolio of consumer and professional software applications, the Mac OS X and iOS operating systems, third-party digital content and applications through the iTunes Store, and a range of accessory, service and support offerings. Mac OS X comprises about 10.7% of the US PC market while iOS comprises 17% of the smartphone market and most almost 90% of the tablet market.
2. Intel Corporation (INTC): Market cap of $122.26B. It designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. It offers a range of microprocessors designed for the notebook, netbook and desktop market segments that includes Intel Core i3 processor, Intel Core i5 processor, Intel Core i7 processor, Intel Core i7 processor Extreme Edition, Intel Atom processor and previous-generation Intel processors. It also offers flash memory products used in portable memory storage devices, digital camera memory cards, solid-state drives (SSDs), and other devices, including 40GB and 80GB SSDs for notebooks, desktops and tablet computers.
3. Hewlett-Packard Company (HPQ): Market cap of $73.86B. It is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. It provides commercial PCs, consumer PCs, workstations, handheld computing devices, calculators and other related accessories, software and services for the commercial and consumer markets. It recently released its HP TouchPad tablet computer.
4. Dell Inc. (DELL): Market cap of $32.85B. It is a technology company that offers a range of technology product categories, including mobility products, desktop personal computers (PCs), software and peripherals, servers and networking products, storage and services. It sells consumer PCs and laptops under the Dell and Alienware brands. It also manufactures Android and Windows based smartphones and tablets.
5. ARM Holdings PLC (ARMH): Market cap of $12.81B. It designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools. ARM processor architecture and physical IP is used in embedded microprocessor applications, including cellular phones, digital televisions and personal computer (PC) peripherals, smart cards and microcontrollers. ARM also licenses and sells development tools directly to systems companies and provides support services to its licensees, systems companies and other systems designers. Products that use ARM processors include the Nintendo DS and 3DS, Canon EOS 5D Mark II, Zune, HTC Hero, Apple iPhone and iPad, Motorola Droid X, Google Nexus S, Samsung Galaxy Tab, Motorolla Xoom and HP TouchPad.
6. Advanced Micro Devices, Inc. (AMD): Market cap of $4.46B. It is a global semiconductor company. It primarily offers x86 microprocessors, for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and notebook personal computers (PCs), professional workstations and servers. It also offers graphics, video and multimedia products for desktop and notebook computers, including home media PCs, professional workstations and servers and technology for game consoles. It is looking to enter the tablet and smartphone chipset market.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell Inc. (DELL): Market cap of $32.85B. It sells consumer PCs and laptops under the Dell and Alienware brands. Intel CEO Paul Otellini told investors that PC makers and chipmakers should shift their focus to the developing world, particularly the BRIC countries (Brazil, Russia, India, China) where a rapidly growing middle class is expected to drive double digit growth in the industry.
|
Dell Inc. (DELL): Market cap of $32.85B. It sells consumer PCs and laptops under the Dell and Alienware brands. It offers a range of microprocessors designed for the notebook, netbook and desktop market segments that includes Intel Core i3 processor, Intel Core i5 processor, Intel Core i7 processor, Intel Core i7 processor Extreme Edition, Intel Atom processor and previous-generation Intel processors.
|
Dell Inc. (DELL): Market cap of $32.85B. It sells consumer PCs and laptops under the Dell and Alienware brands. Mac OS X comprises about 10.7% of the US PC market while iOS comprises 17% of the smartphone market and most almost 90% of the tablet market.
|
Dell Inc. (DELL): Market cap of $32.85B. It sells consumer PCs and laptops under the Dell and Alienware brands. Data sourced from Finviz) In the PC industry, tablet computing is the new black .
|
21aad631-4753-471f-8efb-ecb8e2b24231
|
726858.0
|
2011-07-13 00:00:00 UTC
|
Here's Why the Bulls Could be Wrong About Dell
|
DELL
|
https://www.nasdaq.com/articles/heres-why-bulls-could-be-wrong-about-dell-2011-07-13
|
nan
|
nan
|
Michael Dell is surely heaving a sigh of relief. His efforts to revamp his namesake computer company had received little respect on Wall Street, but since last Labor Day, analysts are finally warming up to the stock.Shares have risen more than 30%, and some analysts speak bullishly about further gains ahead. Yet a deeper look reveals a still-troubled company, and there's a solid chance that shares will return back to those Labor Day levels once the near-term sheen wears off.
Dell has been surging due to several reasons:
The company has been on anacquisition spree to beef up offerings in data storage, services and other areas, creating an enterprise-focused platform that is increasingly prepared to battle stronger rivals such as Hewlett-Packard (NYSE: HPQ ) and IBM (NYSE: IBM ) .
Dell's PC business is posting impressivemargin gains thanks to firm pricing and quickly-dropping costs for components such as hard drives and memory.
The company's massive share buyback program should remove $2 billion from the share count in 2011.
Those share buybacks are surely impressive, but the first two factors invite greater scrutiny.
Another soup-to-nuts platform?
Michael Dell belatedly realized if his company is to be taken seriously among corporate customers, then he'd need to offer a far broader set of products and services. IT managers like to deal with as few vendors as possible. It's a key selling point for companies like HP and IBM.
So Dell went out and bought a half-dozen hot young companies (including Perot Systems, Compellent Technologies, Exanet, Ocarina and SecureWorks) and quickly set about to integrate them. Still, those acquired companies amount for just 3% to 4% of sales. For Dell to really make its case with large IT buyers, the company needs to heavily invest in its solutions-based sales force as well as start developing leading edge products through heavy research and development.
Investors are likely underestimating just how big a task that is. In each of the past four years, Dell has spent about $600 million on R&D, or about 1% of sales. In contrast, HP has spent about $3 billion annually (or about 2.5% of sales), while IBM has spent a hefty $6 billion (6% of sales) annually. This means Dell will need to likely spend another $1 billion a year -- at least -- in stepped-up R&D just to compete. That extra spending is worth about $0.50 a share. Dell will also need to sharply boost investments in its sales force, further crimping margins.
Unless Dell is willing to spend serious dough on R&D, the sales force and more acquisitions, the company may remain an also-ran in the IT space. Sterne Agee's analysts note "the reality is that this is still a very PC-centric company where we estimate about 70% of its business is PCs and related areas."
Trouble is, the PC business may look especially good right now, but major problems loom. As noted earlier, a drop in costs for key components has enabled Dell to recently boostprofit margins on every PC and laptop sold. This is a key factor behind the recent stock surge. Goldman Sachs, though, is taking away the punch bowl: "Current gross margins remain temporarily inflated and are set to trend downward later this year."
This could spell trouble for those who are expecting recent results to mirror future results. "The gross margin re-set, coupled with the 220 basis point increase in the ( operating expenses ) ratio since (the first quarter of fiscal 2011) could quickly push operating margins and earnings far below the consensus," conclude the Goldman analysts. While the consensus forecast calls for Dell to earn $1.91 a share in fiscal (January) 2013, Goldman pegs that figure at just $1.43.
Also worth noting is that profit margins for PCs and laptops are not just related to component costs. You need massive volume to gain scale economies in terms of purchasing and manufacturing. But you have to wonder what Dell's volume will look like in a year or two as tablets take an even bigger bite of the market. Apple's (Nasdaq: AAPL ) iPad is surely a juggernaut, but Samsung is off to a good start with its revamped Galaxy tablets, and Google (Nasdaq: GOOG ) is gearing up for a major push with its "Chromebooks" that strip out a lot of hardware and leave much of the computing to the Internet.
Dell made a half-hearted attempt at the tablet market with its Streak, but seems to be otherwise ignoring this tectonic shift taking place in the industry. Dell's PC business has delivered good results in the face of the tablet onslaught, but how long can that last?
Action to Take --> Make no mistake. Dell has delivered an impressive set of recent quarters, surging past profit forecasts by at least 25% each time. But as analysts are now sharply raising estimates, the rules have changed. It's no longer sleepy little Dell that investors tend to under-estimate. Instead, it's a resurgent company with lofty expectations (per-share profits are expected to rise 20% this year).
A deeper look finds a company with the same set of problems that dogged it in years past. A return back to the low teens looks to be in the cards for this recent highflyer. This would be a near-term loss of about 15%, but if you hold this stock, then you have to wonder if you're sitting on dead money.
-- David Sterman
P.S. -- We've just identified six surprising events that could break your portfolio wide open in 2011. Knowing these pivot points in advance lets you focus your investing strategy like a beam of light in the dark... and make a lot of money in a hurry. Get them free by simply watching this video presentation.
Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
So Dell went out and bought a half-dozen hot young companies (including Perot Systems, Compellent Technologies, Exanet, Ocarina and SecureWorks) and quickly set about to integrate them. Michael Dell is surely heaving a sigh of relief. Dell has been surging due to several reasons: The company has been on anacquisition spree to beef up offerings in data storage, services and other areas, creating an enterprise-focused platform that is increasingly prepared to battle stronger rivals such as Hewlett-Packard (NYSE: HPQ ) and IBM (NYSE: IBM ) .
|
Dell's PC business has delivered good results in the face of the tablet onslaught, but how long can that last? Dell has delivered an impressive set of recent quarters, surging past profit forecasts by at least 25% each time. Michael Dell is surely heaving a sigh of relief.
|
Dell has been surging due to several reasons: The company has been on anacquisition spree to beef up offerings in data storage, services and other areas, creating an enterprise-focused platform that is increasingly prepared to battle stronger rivals such as Hewlett-Packard (NYSE: HPQ ) and IBM (NYSE: IBM ) . For Dell to really make its case with large IT buyers, the company needs to heavily invest in its solutions-based sales force as well as start developing leading edge products through heavy research and development. Unless Dell is willing to spend serious dough on R&D, the sales force and more acquisitions, the company may remain an also-ran in the IT space.
|
But you have to wonder what Dell's volume will look like in a year or two as tablets take an even bigger bite of the market. Michael Dell is surely heaving a sigh of relief. Dell has been surging due to several reasons: The company has been on anacquisition spree to beef up offerings in data storage, services and other areas, creating an enterprise-focused platform that is increasingly prepared to battle stronger rivals such as Hewlett-Packard (NYSE: HPQ ) and IBM (NYSE: IBM ) .
|
ccae8495-b4f9-43e7-aa08-d8fd316165ba
|
726859.0
|
2011-07-13 00:00:00 UTC
|
It Can Happen to Great Companies and Great Countries
|
DELL
|
https://www.nasdaq.com/articles/it-can-happen-great-companies-and-great-countries-2011-07-13
|
nan
|
nan
|
By Charles Payne :
It was once the most valuable company in the world. The thing is the company didn't sell whale oil or make typewriters. No, Cisco ( CSCO ) makes the stuff that makes the Internet work. In other words, the company should be larger now than it ever was, and its share price trajectory should have mirrored hot names like Netflix ( NFLX ) or Apple ( APPL ). instead the stock is off 81% from its March 2000 high. What happened? I gave up on trying to understand the innards of the company a long time ago, but in a nutshell, the company put it in park with respect to imagination and urgency.
The story is a cautionary tale for all businesses, individuals and our government. When Cisco announced yesterday it was laying off 10,000 workers it wasn't about the macro economy, it was about failed leadership. John Chambers has run the company for 16 of its 26 years and he has taken what was once mighty and admired and has slowly made it an also-ran. Once famous for his cherry optimism as his stock plunged in the aftermath of the bursting of the Internet bubble, he has since taken a more cautious approach to press conferences and company guidance. It also seems he got locked into a more risk-averse manner for running the business.
I see serious parallels between Cisco and the United States. Just as a great company can flounder aimlessly until it's no longer great, a nation, even the best in the history of mankind, can do the same. In May, Cisco said it would lay off 4% or 4,000 of its 73,000 workers in order to save $1.0 billion, a move that would have been a major leap from its previous record round of 2,000 layoffs in 2002. Sure, the move is probably warranted now, but it's the consequence of failed management. At some point, if things don't change dramatically, the U.S. will have to face the music and it's going to be worse than the direst of predictions.
Cisco's valuation is off $400 billion and it has made belittled and tepid moves like the failed Flip camera that only underscores a disconnection with greatness and the ineptitude of management. Just as the board and shareholders became so enamored with John Chambers, it seems voters can be fooled or seduced into sticking with leadership that is clearly failing. There are analysts out there saying Cisco can turn it around, Apple turned it around, after all. It is true Steve Jobs came back to save his company by engineering the mother of all makeovers, which included altering his own beliefs to a degree.
Of course, Jerry Yang didn't save Yahoo ( YHOO ) and his ego didn't allow shareholders to take a deal that would have made them richer and the company more competitive. Now, we are watching other would-be saviors, Michael Dell and Larry Page, back at the helms of Dell ( DELL ) and Google (GOOG). But, let's be clear, these guys are founders of these companies, not hired guns. I think they bring a level of passion that can't be matched by an outsider, but they have baggage, too. Yang's ego was too big, and the same could be said for Steve Ballmer at Microsoft (MSFT). The right mix is someone who has true love for the company but is smart enough to check the ego at the door.
The stakes are obviously much higher for our nation than shareholders of publicly traded companies. Yet, I look at Cisco's chart and think the U.S. fits on there somewhere. I just don't know where. Maybe our peak was the 1950s and then the 1980s rebound under Ronald Reagan. The thing is that we still control our own destiny.
In fact, it's the ability to make Americans believe they still control their own destiny that will be the key to our future. Cisco has held onto a losing hand too long and its shareholders are paying the price.
Speaking of Leadership
I think the rhetoric over the debt ceiling went from ridiculous to dangerous. Harry Reid came straight out and said there would be a crash if the debt ceiling wasn't raised, and President Obama said he couldn't guarantee that Social Security checks would go out. Mitch McConnell laid out a plan that was so confusing as to almost be laughable, but we aren't laughing. Many are crying, and some are quaking, because this is the position politicians put us in all the time to get their way. We've come away from presidential pep talks on real threats to a point where the goal is to get us all to run for the hills.
I have to say the market is very jittery about all of this. The stock market loves tranquility, not the tough talk on scores of senior citizens, canes and walkers in hand, bombarding the streets of America demanding their Social Security checks on August 3.
See also S&P Debt Downgrade: Could This Spark a Major Relief Rally? on seekingalpha.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Now, we are watching other would-be saviors, Michael Dell and Larry Page, back at the helms of Dell ( DELL ) and Google (GOOG). Once famous for his cherry optimism as his stock plunged in the aftermath of the bursting of the Internet bubble, he has since taken a more cautious approach to press conferences and company guidance. Cisco's valuation is off $400 billion and it has made belittled and tepid moves like the failed Flip camera that only underscores a disconnection with greatness and the ineptitude of management.
|
Now, we are watching other would-be saviors, Michael Dell and Larry Page, back at the helms of Dell ( DELL ) and Google (GOOG). The stock market loves tranquility, not the tough talk on scores of senior citizens, canes and walkers in hand, bombarding the streets of America demanding their Social Security checks on August 3. on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Now, we are watching other would-be saviors, Michael Dell and Larry Page, back at the helms of Dell ( DELL ) and Google (GOOG). I gave up on trying to understand the innards of the company a long time ago, but in a nutshell, the company put it in park with respect to imagination and urgency. Of course, Jerry Yang didn't save Yahoo ( YHOO ) and his ego didn't allow shareholders to take a deal that would have made them richer and the company more competitive.
|
Now, we are watching other would-be saviors, Michael Dell and Larry Page, back at the helms of Dell ( DELL ) and Google (GOOG). It also seems he got locked into a more risk-averse manner for running the business. Cisco's valuation is off $400 billion and it has made belittled and tepid moves like the failed Flip camera that only underscores a disconnection with greatness and the ineptitude of management.
|
52658739-1624-478a-b4e7-227b11ca033f
|
726860.0
|
2011-07-01 00:00:00 UTC
|
IBM's Upside & Downside Scenarios to $185 Value
|
DELL
|
https://www.nasdaq.com/articles/ibms-upside-downside-scenarios-185-value-2011-07-01
|
nan
|
nan
|
IBM's (NYSE:IBM) most important businesses are its middleware software, technology services and business services accounting for 45%, 24% and 16% of the $185 Trefis price estimate for IBM. Below we take a look these drivers to the stock and assess upside and downside scenarios. Big Blue competes against competitors like HP (NYSE:HPQ), Dell ( DELL ) and Oracle (NASDAQ:ORCL).
We have a price estimate of $185 , which is around 10% ahead of the market.
Summary of Key Drivers:
1. IBM Middleware Software License Revenues : Software revenues typically split into license, maintenance and services revenues. License revenues are sales of software licenses to clients for a certain period of time. Typically, for mature companies like HP and IBM, the software revenues split up as 30% license revenues, 45% maintenance revenues and 25% services revenues.
2. IBM Middleware Software EBTDA : IBM has EBTDA profit margins of about 40% in its middleware software business.
3. Global Business Services EBTDA Margin: IBM Global Business Services had EBTDA profit margin of 18.3% in 2010.
20% Upside Scenario: $222 Trefis Price Estimate for IBM
1. Higher Growth in Middleware Software Sales (+6%) :
We currently forecast the revenues from the sale of IBM's middleware software licenses will increase from about $5.5 billion in 2010 to over $10 billion by the end of the Trefis forecast period. We expect that IBM's launch of various 'monitor and analyse system' type solutions to a number of industry sectors as part of its Smarter Planet initiative will boost the sales of its middleware software licenses, which indeed form the core of 'smart' solutions being offered by the firm.
There could be 6% upside to the Trefis price estimate if middleware software license revenues were to increase at a more rapid rate than we currently forecast to over $12 billion by the end of the Trefis forecast period.
2. Stable Middleware Profit Margins (+7%):
We currently forecast IBM's middleware software profit margins to decrease from its 2010 high of ~41% to ~35% by the end of the Trefis forecast period in the face of increasing competition from competitors like Oracle (NASDAQ:ORCL) and VMware (NYSE:VMW) that are ramping up their offerings.
However, there could be 7% upside to the Trefis price estimate if IBM successfully manages to maintain its middleware software margins at current level of ~41%.
3. Global Business Service Profit Margins Improve (+6%):
We currently forecast GBS profit margin to remain at 2010 high of ~18% during the Trefis forecast period. However there is a possibility that GBS profit margins will continue to grow with the growth in the business itself, as has been the case historically.
There could be 6% upside to the Trefis price estimate if GBS profit margins were to reach 25% by the end of the Trefis forecast period.
15% Downside Scenario: $157 Trefis Price Estimate for IBM
1. Slow Growth in Middleware Software License Revenues (-5%) :
Although we forecast middleware software license revenues to increase to over $10 billion by the end of the Trefis forecast period, a slower annual growth in revenues in line with the historical growth rates would mean downside to our estimate for IBM's stock.
There could be 5% downside to the Trefis price estimate if middleware software license revenues were to reach close to $8 billion by the end of the Trefis forecast period.
2. Lower Middleware Software Profit Margins (-5%):
Middleware software profit margins increased from less under 30% in 2005 to over 40% in 2010. We currently expect margins to contract in the face of stiff competition for the next few years and then stabilize. However, strong performance from competitors like Oracle and VMware could force IBM to cut down on margins to as low as 2005 levels.
There could be 5% downside to the Trefis price estimate if middleware margins were to fall to 30% by the end of the Trefis forecast period.
3. Weaker Global Business Service Profit Margins (-5%):
GBS profit margins have increased very significantly in the past from 5.5% in 2005 to 18% in 2010 driven primarily by strong revenue growth as well as cost efficiencies within the company.
Although we expect IBM to maintain its high margins given the strength of its GBS business, a contraction in GBS profit margin in the future to historical average of rate of 12.5% would result in downside of 5% to the Trefis price estimate.
See additional details for our analysis of IBM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Big Blue competes against competitors like HP (NYSE:HPQ), Dell ( DELL ) and Oracle (NASDAQ:ORCL). Stable Middleware Profit Margins (+7%): We currently forecast IBM's middleware software profit margins to decrease from its 2010 high of ~41% to ~35% by the end of the Trefis forecast period in the face of increasing competition from competitors like Oracle (NASDAQ:ORCL) and VMware (NYSE:VMW) that are ramping up their offerings. However, there could be 7% upside to the Trefis price estimate if IBM successfully manages to maintain its middleware software margins at current level of ~41%.
|
Big Blue competes against competitors like HP (NYSE:HPQ), Dell ( DELL ) and Oracle (NASDAQ:ORCL). IBM Middleware Software License Revenues : Software revenues typically split into license, maintenance and services revenues. Global Business Services EBTDA Margin: IBM Global Business Services had EBTDA profit margin of 18.3% in 2010.
|
Big Blue competes against competitors like HP (NYSE:HPQ), Dell ( DELL ) and Oracle (NASDAQ:ORCL). Higher Growth in Middleware Software Sales (+6%) : We currently forecast the revenues from the sale of IBM's middleware software licenses will increase from about $5.5 billion in 2010 to over $10 billion by the end of the Trefis forecast period. Stable Middleware Profit Margins (+7%): We currently forecast IBM's middleware software profit margins to decrease from its 2010 high of ~41% to ~35% by the end of the Trefis forecast period in the face of increasing competition from competitors like Oracle (NASDAQ:ORCL) and VMware (NYSE:VMW) that are ramping up their offerings.
|
Big Blue competes against competitors like HP (NYSE:HPQ), Dell ( DELL ) and Oracle (NASDAQ:ORCL). Stable Middleware Profit Margins (+7%): We currently forecast IBM's middleware software profit margins to decrease from its 2010 high of ~41% to ~35% by the end of the Trefis forecast period in the face of increasing competition from competitors like Oracle (NASDAQ:ORCL) and VMware (NYSE:VMW) that are ramping up their offerings. There could be 6% upside to the Trefis price estimate if GBS profit margins were to reach 25% by the end of the Trefis forecast period.
|
d8b672db-d492-4a5e-80a8-6665d8ba1d4c
|
726861.0
|
2011-06-30 00:00:00 UTC
|
HP Eyes Big Opportunity in Catering to Small Businesses
|
DELL
|
https://www.nasdaq.com/articles/hp-eyes-big-opportunity-catering-small-businesses-2011-06-30
|
nan
|
nan
|
HP (NYSE:HPQ) recently announced new services, technology and an expanded entrepreneurial support for small and medium sized businesses (SMBs) aimed at providing them with a broad range of technologies to reduce costs, improve efficiency and ensure collaboration for greater employee productivity. New solutions include products like servers, storage systems, network switches and software solutions. HP primarily competes with other leading technology solution providers like IBM (NYSE:IBM) and Dell ( DELL ).
We currently have a $47.50 Trefis price estimate for HP , about 35% above the market price.
Small and Medium Businesses - a BIG Market Opportunity
According to HP's estimates, SMBs facing challenges like controlling costs, managing employee productivity and gaining access to credit, represent an estimated $234 billion in total addressable market.
Since the addressable market is huge, the new solutions that are mostly product features are likely to boost sales across a number of HP product lines. New solutions include entry-level servers, network switches and storage solutions.
We estimate servers, storage and networking together contribute nearly 20% to HP's and an increase in their sales driven by launch of new solutions would result in an upside to our $47.50 Trefis price estimate for HP .
HP Software to Benefit
HP also announced a number of software solutions like Business Decision Appliance and Business Data Warehouse Appliance for business intelligence and real-time data analysis as well as Business Risk Mitigation (BRM) and Branch Office Consolidation (BOC) for business protection.
A good market response to HP's new solutions for SMBs would mean an increase in the firm's software sales which, according to our estimates, make up just about 5% of the company's value.
See our full analysis of HP
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
HP primarily competes with other leading technology solution providers like IBM (NYSE:IBM) and Dell ( DELL ). HP (NYSE:HPQ) recently announced new services, technology and an expanded entrepreneurial support for small and medium sized businesses (SMBs) aimed at providing them with a broad range of technologies to reduce costs, improve efficiency and ensure collaboration for greater employee productivity. Small and Medium Businesses - a BIG Market Opportunity According to HP's estimates, SMBs facing challenges like controlling costs, managing employee productivity and gaining access to credit, represent an estimated $234 billion in total addressable market.
|
HP primarily competes with other leading technology solution providers like IBM (NYSE:IBM) and Dell ( DELL ). New solutions include products like servers, storage systems, network switches and software solutions. HP Software to Benefit HP also announced a number of software solutions like Business Decision Appliance and Business Data Warehouse Appliance for business intelligence and real-time data analysis as well as Business Risk Mitigation (BRM) and Branch Office Consolidation (BOC) for business protection.
|
HP primarily competes with other leading technology solution providers like IBM (NYSE:IBM) and Dell ( DELL ). Small and Medium Businesses - a BIG Market Opportunity According to HP's estimates, SMBs facing challenges like controlling costs, managing employee productivity and gaining access to credit, represent an estimated $234 billion in total addressable market. We estimate servers, storage and networking together contribute nearly 20% to HP's and an increase in their sales driven by launch of new solutions would result in an upside to our $47.50 Trefis price estimate for HP .
|
HP primarily competes with other leading technology solution providers like IBM (NYSE:IBM) and Dell ( DELL ). New solutions include products like servers, storage systems, network switches and software solutions. Small and Medium Businesses - a BIG Market Opportunity According to HP's estimates, SMBs facing challenges like controlling costs, managing employee productivity and gaining access to credit, represent an estimated $234 billion in total addressable market.
|
8a501323-7c5b-4d01-9fd1-e194c3c63b2f
|
726862.0
|
2011-06-30 00:00:00 UTC
|
What Dell Could Gain by Acquiring Brocade
|
DELL
|
https://www.nasdaq.com/articles/what-dell-could-gain-acquiring-brocade-2011-06-30
|
nan
|
nan
|
There are rumors that Dell ( DELL ) could look to acquire Brocade Communications Systems ( BRCD ), one of the leading suppliers of data center networking products, in an attempt to expand presence in servers, storage and networking space and better compete with other industry giants like EMC ( EMC ), Hewlett-Packard (NYSE:HPQ) and IBM (NYSE:IBM). This move would be in line with Dell's strategy of diversifying its product and services portfolio and moving further from its core PC business where the firm has been bleeding market share for the past couple of years.
The rumor has been fueled by Dell's recent filing for shelf offering of $3.5 billion as the acquisition would require that Dell shell out as much as $4 billion or even more for Brocade, which is currently valued at $3.7 billion.
The addition of this business would complement Dell's existing servers & networking business that accounts for about 14% of the $20 Trefis price estimate for Dell , which is about 25-30% above the stock's market price.
Brocade's SAN Switching Market Leadership….
Brocade makes fibre channel switches and related software for connecting corporate storage systems and servers. Brocade's products are used in storage area networks (SANs), which pool storage resources across enterprises for easier management and efficient asset utilization.
Brocade holds more than 70% of storage area network ( SAN ) switching market and has presence in about 80% of data centers worldwide, an area where Dell has been pressing hard to gain prominence as it makes a shift to cater to the enterprise market. (See Dell Targets High Growth Storage Market )
… Provides Cross Selling Opportunities to Dell
Brocade's large storage switching installed base will allow Dell access to more data center accounts providing significant opportunity for cross selling servers, storage and services.
We currently forecast Dell's networking revenues to increase from an estimated $1.2 billion in 2010 to over $1.6 billion by the end of our forecast period. This could change significantly if Dell acquires Brocade - which had over $2 billion in revenues in 2010. Also if Dell is able to push its server sales as a result of the acquisition, it will make the servers & networking business segment more valuable than the PC business (notebooks, netbooks & desktops combined) for Dell.
Integration Could be Tricky
In the past, Dell has acquired high growth companies with innovative technologies but limited reach due to their size, and then Dell benefit from using its distribution capabilities. We note that the Brocade acquisition, if completed, would mark a shift in this strategy. Brocade has a large presence among data centers to sell its own products and its integration could be one area of difficulty for Dell.
While an ambitious deal, it will be interesting to see whether the acquisition helps Dell grow or leaves it at strategic cross-roads.
See our full analysis of Dell .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
There are rumors that Dell ( DELL ) could look to acquire Brocade Communications Systems ( BRCD ), one of the leading suppliers of data center networking products, in an attempt to expand presence in servers, storage and networking space and better compete with other industry giants like EMC ( EMC ), Hewlett-Packard (NYSE:HPQ) and IBM (NYSE:IBM). Brocade has a large presence among data centers to sell its own products and its integration could be one area of difficulty for Dell. This move would be in line with Dell's strategy of diversifying its product and services portfolio and moving further from its core PC business where the firm has been bleeding market share for the past couple of years.
|
Brocade holds more than 70% of storage area network ( SAN ) switching market and has presence in about 80% of data centers worldwide, an area where Dell has been pressing hard to gain prominence as it makes a shift to cater to the enterprise market. (See Dell Targets High Growth Storage Market ) … Provides Cross Selling Opportunities to Dell Brocade's large storage switching installed base will allow Dell access to more data center accounts providing significant opportunity for cross selling servers, storage and services. There are rumors that Dell ( DELL ) could look to acquire Brocade Communications Systems ( BRCD ), one of the leading suppliers of data center networking products, in an attempt to expand presence in servers, storage and networking space and better compete with other industry giants like EMC ( EMC ), Hewlett-Packard (NYSE:HPQ) and IBM (NYSE:IBM).
|
There are rumors that Dell ( DELL ) could look to acquire Brocade Communications Systems ( BRCD ), one of the leading suppliers of data center networking products, in an attempt to expand presence in servers, storage and networking space and better compete with other industry giants like EMC ( EMC ), Hewlett-Packard (NYSE:HPQ) and IBM (NYSE:IBM). Brocade holds more than 70% of storage area network ( SAN ) switching market and has presence in about 80% of data centers worldwide, an area where Dell has been pressing hard to gain prominence as it makes a shift to cater to the enterprise market. (See Dell Targets High Growth Storage Market ) … Provides Cross Selling Opportunities to Dell Brocade's large storage switching installed base will allow Dell access to more data center accounts providing significant opportunity for cross selling servers, storage and services.
|
Brocade holds more than 70% of storage area network ( SAN ) switching market and has presence in about 80% of data centers worldwide, an area where Dell has been pressing hard to gain prominence as it makes a shift to cater to the enterprise market. Also if Dell is able to push its server sales as a result of the acquisition, it will make the servers & networking business segment more valuable than the PC business (notebooks, netbooks & desktops combined) for Dell. Brocade has a large presence among data centers to sell its own products and its integration could be one area of difficulty for Dell.
|
2c249a13-c945-497a-ba69-5b0cd4348263
|
726863.0
|
2011-06-27 00:00:00 UTC
|
Why Mutual Funds are Terrible Investments Right Now
|
DELL
|
https://www.nasdaq.com/articles/why-mutual-funds-are-terrible-investments-right-now-2011-06-27
|
nan
|
nan
|
For the firms operating the nation's leading mutual funds, times are tough and getting tougher. If you have money parked in their key funds, then be prepared to be dragged along for the ride. Net results are weak and could get even weaker, making this a bad time to commit new money to traditional mutual funds.
A one-two blow
For several decades, mutual funds have looked like a bad idea -- at least when compared with index funds. Many top funds have done alright in terms of stock-picking, but the high level of management fees and sales expenses have rendered them uncompetitive against a traditional index fund such as Vanguard's S&P 500 Index fund (Nasdaq: VFINX ) , which carries just 0.17% in annual expenses. Compare it with a popular mutual fund such as the Legg Mason Capital Management Value Fund (Nasdaq: LMVTX ) , which carries a sales load of 0.95% and an annual expense fee of 1.76%.
It's bad enough that these expenses will take a steadily rising bite throughout many years, but performance can be weak as well -- the Legg Mason fund has lost an average of 2% in the past 10 years, according to Morningstar.
But index funds are the least of these funds' troubles. Exchange-traded funds (ETFs) are starting to look like a wiser bet as well. Like index funds, these ETFs carry low expenses and allow for much more targeted investments. If you're bullish on copper, then you can simply buy a low-cost copper-focused ETF like First Trust ISE Global CopperIndex (NYSE: CU ) instead of a broad-based commodity fund offered by the mutual fund firms.
The redemption curse
Investors have now realized the relative weaknesses of the mutual-fund approach (especially those focused on stocks rather than bonds), so they've been pulling money out at a steady pace. As fund managers get the word to raise cash to meet client redemptions, they have to find stocks to sell. And as they do that, they hurt the prices of the very equities they own. Of course, the converse is also true. Mutual funds can generate great results when they receive fresh client funds because they can load up even deeper on key stocks. This is why the tech-focused mutual funds did so well in the late 1990s -- everyone wanted a piece. Many funds poured money into Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and others, sending these stocks even higher. However, with the advent of ETFs and the ongoing popularity of index funds, it's not clear whether we'll ever see such a positive flow into mutual funds ever again.
Forget about the past
Investors may also be souring on mutual funds after realizing it's almost impossible to outperform the market for a long period. Bill Miller was able to do it at the Legg Mason Capital Management Value Fund from 1991 through 2005 -- a feat that's virtually unparalleled in the modern era. But Miller's fund has trailed the S&P 500 in four of the past five years.
As another example, Fidelity, one of the nation's top fund firms, has always sought to place its sharpest managers at the helm of its flagship Fidelity Magellan Fund (Nasdaq: FMAGX ). The firm was able to to beat the indexes throughout much of the 1980s and 1990s, thanks to Peter Lynch. But if you invested in Magellan at the start of 2006, then your money's performance would be virtually flat. The S&P 500 would have at least gained 12% in that time.
Action to Take --> The mutual fund industry is at a crossroads. If you own existing funds (and they carry reasonable expenses), then there's no reason to rush out and dump them. But these funds should no longer be a magnet for your new investment dollars. Until the fund industry solves the perennial problem of high expenses and poor performance, index funds and ETFs are the better bet for your money.
-- David Sterman
P.S. -- If you're looking for quality stocks with high yields, you should take a look at this one. It pays a 19.2% dividend yield. It borrows cheap, gets paid handsomely and then pockets the spread. You'll get the full story on this cash machine and others like it in this video.
Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Many funds poured money into Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and others, sending these stocks even higher. Net results are weak and could get even weaker, making this a bad time to commit new money to traditional mutual funds. The redemption curse Investors have now realized the relative weaknesses of the mutual-fund approach (especially those focused on stocks rather than bonds), so they've been pulling money out at a steady pace.
|
Many funds poured money into Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and others, sending these stocks even higher. Compare it with a popular mutual fund such as the Legg Mason Capital Management Value Fund (Nasdaq: LMVTX ) , which carries a sales load of 0.95% and an annual expense fee of 1.76%. Bill Miller was able to do it at the Legg Mason Capital Management Value Fund from 1991 through 2005 -- a feat that's virtually unparalleled in the modern era.
|
Many funds poured money into Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and others, sending these stocks even higher. Many top funds have done alright in terms of stock-picking, but the high level of management fees and sales expenses have rendered them uncompetitive against a traditional index fund such as Vanguard's S&P 500 Index fund (Nasdaq: VFINX ) , which carries just 0.17% in annual expenses. Compare it with a popular mutual fund such as the Legg Mason Capital Management Value Fund (Nasdaq: LMVTX ) , which carries a sales load of 0.95% and an annual expense fee of 1.76%.
|
Many funds poured money into Cisco Systems (Nasdaq: CSCO ) , Dell (Nasdaq: DELL ) and others, sending these stocks even higher. Compare it with a popular mutual fund such as the Legg Mason Capital Management Value Fund (Nasdaq: LMVTX ) , which carries a sales load of 0.95% and an annual expense fee of 1.76%. Like index funds, these ETFs carry low expenses and allow for much more targeted investments.
|
cfe3b6c2-49b7-4a9d-8bba-ede86121061d
|
726864.0
|
2011-06-15 00:00:00 UTC
|
Dell Targets High Growth Storage Market
|
DELL
|
https://www.nasdaq.com/articles/dell-targets-high-growth-storage-market-2011-06-15
|
nan
|
nan
|
Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas. In particular it added new scalable network-attached storage (NAS) and unified storage capabilities to its EqualLogic product family as well as new Fibre Channel additions to its Compellent and PowerVault families. In the past year, Dell has made a number of acquisitions in the storage sector - Compellent, Exanet and Ocarina Networks and is targeting the fast growing market for big data in the face of stiff competition from players like EMC ( EMC ), NetApp ( NTAP ), HP (NYSE:HPQ) and IBM (NYSE:IBM).
We estimate that storage makes up less than 5% of our $20.12 Trefis price estimate for Dell , which is about 30% above the market price.
Dell Aims to Gain Storage Market Share with Addition of NAS
Dell is focused on the development and acquisition of storage intellectual property that delivers productivity and efficiency gains for highly-virtualized data centers. The addition of NAS capabilities to its EqualLogic line is a big deal in terms of helping its channel partners better compete with EMC and NetApp, the mainstays of the NAS market with a combined share of ~80%.
Dell currently is the fourth largest player in the total disk storage systems market and had a revenue share of 11.4% in 1Q11, down from 12.7% during the same period last year. On the other hand NetApp, which has strong presence in the NAS market - one of the fastest growing segments in storage industry - saw its share in total disk storage systems market jump up to 10.1% in 1Q11, up almost 2 percentage points from last year.
We currently forecast Dell's disk storage market share (of GB) to increase slightly going forward from 9.5% in 2010 to ~11% by the end of our forecast period. However, a faster growth in Dell's share as a result of addition of NAS capabilities to its storage product line would result in an upside to our near $20 Trefis price estimate for Dell .
See our full analysis of Dell
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In the past year, Dell has made a number of acquisitions in the storage sector - Compellent, Exanet and Ocarina Networks and is targeting the fast growing market for big data in the face of stiff competition from players like EMC ( EMC ), NetApp ( NTAP ), HP (NYSE:HPQ) and IBM (NYSE:IBM). Dell Aims to Gain Storage Market Share with Addition of NAS Dell is focused on the development and acquisition of storage intellectual property that delivers productivity and efficiency gains for highly-virtualized data centers. Dell currently is the fourth largest player in the total disk storage systems market and had a revenue share of 11.4% in 1Q11, down from 12.7% during the same period last year.
|
Dell Aims to Gain Storage Market Share with Addition of NAS Dell is focused on the development and acquisition of storage intellectual property that delivers productivity and efficiency gains for highly-virtualized data centers. We currently forecast Dell's disk storage market share (of GB) to increase slightly going forward from 9.5% in 2010 to ~11% by the end of our forecast period. However, a faster growth in Dell's share as a result of addition of NAS capabilities to its storage product line would result in an upside to our near $20 Trefis price estimate for Dell .
|
Dell Aims to Gain Storage Market Share with Addition of NAS Dell is focused on the development and acquisition of storage intellectual property that delivers productivity and efficiency gains for highly-virtualized data centers. However, a faster growth in Dell's share as a result of addition of NAS capabilities to its storage product line would result in an upside to our near $20 Trefis price estimate for Dell . Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas.
|
Dell currently is the fourth largest player in the total disk storage systems market and had a revenue share of 11.4% in 1Q11, down from 12.7% during the same period last year. However, a faster growth in Dell's share as a result of addition of NAS capabilities to its storage product line would result in an upside to our near $20 Trefis price estimate for Dell . Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas.
|
e775a293-679c-4386-8d5e-356e1f11de44
|
726865.0
|
2011-06-15 00:00:00 UTC
|
Trefis Morning Coffee – Pandora, Dell and Ford
|
DELL
|
https://www.nasdaq.com/articles/trefis-morning-coffee-pandora-dell-and-ford-2011-06-15
|
nan
|
nan
|
This morning Pandora ( P ) is off to a roaring start. The company priced its IPO last night at $16 and is trading above $20 this morning adding to the latest string of hot Internet IPO's. We We also look at Ford ( F ) and highlight its international car sales growth. Finally, to test your knowledge, we ask readers about Dell's ( DELL ) hoard of cash.
Pandora - Company of the Day
Pandora ( P ) is the leader in Internet radio. The company offers music that allows for personalized experience for each listener based on their preferences and feedback. Apart from being available online, Pandora has also launched apps for Apple's ( AAPL ) iPhone, Research in Motion's (NASDAQ:RIMM) BlackBerry and other smartphones operating on Google's (NASDAQ:GOOG) Android OS. The company has also developed relationships with auto manufacturers like Ford ( F ) and BMW (GR:BMW).
See our analysis for Pandora
Ford International Sales - Forecast of the Day
The global automotive industry continued its strong recovery in Q1 2011. Ford's One Ford plan, which focuses on restructuring to achieve better operating profitability, developing new products and improving the balance sheet, helped increase vehicle sales. Still, the overall market for auto sales grew at a faster pace than Ford's, causing a slight reduction in Ford's market share.
See our analysis for Ford
Dell - Quiz of the Day
20%
18%
12%
40%
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Finally, to test your knowledge, we ask readers about Dell's ( DELL ) hoard of cash. See our analysis for Ford Dell - Quiz of the Day 20% 18% 12% 40% The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The company offers music that allows for personalized experience for each listener based on their preferences and feedback.
|
See our analysis for Ford Dell - Quiz of the Day 20% 18% 12% 40% The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Finally, to test your knowledge, we ask readers about Dell's ( DELL ) hoard of cash. See our analysis for Pandora Ford International Sales - Forecast of the Day The global automotive industry continued its strong recovery in Q1 2011.
|
See our analysis for Ford Dell - Quiz of the Day 20% 18% 12% 40% The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Finally, to test your knowledge, we ask readers about Dell's ( DELL ) hoard of cash. See our analysis for Pandora Ford International Sales - Forecast of the Day The global automotive industry continued its strong recovery in Q1 2011.
|
See our analysis for Ford Dell - Quiz of the Day 20% 18% 12% 40% The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Finally, to test your knowledge, we ask readers about Dell's ( DELL ) hoard of cash. Pandora - Company of the Day Pandora ( P ) is the leader in Internet radio.
|
212e2a04-9f4f-4e26-9751-4102daa85664
|
726866.0
|
2011-06-14 00:00:00 UTC
|
HP's Converged Systems Speed up IT Deployment & Cost Less
|
DELL
|
https://www.nasdaq.com/articles/hps-converged-systems-speed-it-deployment-cost-less-2011-06-14
|
nan
|
nan
|
Hewlett-Packard (NYSE:HPQ) announced new additions to its "converged systems" platform that combines hardware, software and tailored services. The goal is to create a packaged deal of sorts that companies can buy that combines networking, computing, and storage into a single unit. In one example, HP claims that these containerized servers called EcoPods, can be deployed in about 12 weeks and uses 95% less energy than traditional data centers. This announcement is an extension of HP's new business solutions as it looks to outpace competitors like IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), SAP (NYSE:SAP) and Dell ( DELL ) in these markets.
If we drill down to servers in particular, we anticipate the average price of an HP server will decline to $3,300 by the end of our forecast period while Trefis members forecast a smaller decline reaching $4,200.
We have a Trefis price estimate of $54.70 for HPs stock, implying upside of around 50% to current market price.
HP Announces Converged Data Center
HP is focusing on building pre-configured, complete systems which will bundle servers, storage, networking, software into one unit. These bundled systems can be deployed quickly with minimal integration needed. With the new system, you can add around 4,400 servers in just 12 weeks! And it comes at one-fourth the cost and saves energy compared to the traditional brick-and-motor data centers. The "converged infrastructure" architecture emphasizes interoperability, virtualization and common management platforms - which are key to HP's cloud strategy.
Competition Will Keep Prices Suppressed
While HP is making big strides in the server business, it faces fierce competition from Orcale's Exadata servers as well as IBM's WebSphere. With the overall networking industry shifting to "cloud," it will become all the more difficult for HP to differentiate its products from rivals that are all geared toward making cloud-based products. While this trend will greatly benefit consumers, it'll likely continue adding downward pressure on server prices.
Our complete analysis for HP's stock is here .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
This announcement is an extension of HP's new business solutions as it looks to outpace competitors like IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), SAP (NYSE:SAP) and Dell ( DELL ) in these markets. Hewlett-Packard (NYSE:HPQ) announced new additions to its "converged systems" platform that combines hardware, software and tailored services. The goal is to create a packaged deal of sorts that companies can buy that combines networking, computing, and storage into a single unit.
|
This announcement is an extension of HP's new business solutions as it looks to outpace competitors like IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), SAP (NYSE:SAP) and Dell ( DELL ) in these markets. HP Announces Converged Data Center HP is focusing on building pre-configured, complete systems which will bundle servers, storage, networking, software into one unit. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
This announcement is an extension of HP's new business solutions as it looks to outpace competitors like IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), SAP (NYSE:SAP) and Dell ( DELL ) in these markets. If we drill down to servers in particular, we anticipate the average price of an HP server will decline to $3,300 by the end of our forecast period while Trefis members forecast a smaller decline reaching $4,200. HP Announces Converged Data Center HP is focusing on building pre-configured, complete systems which will bundle servers, storage, networking, software into one unit.
|
This announcement is an extension of HP's new business solutions as it looks to outpace competitors like IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), SAP (NYSE:SAP) and Dell ( DELL ) in these markets. Hewlett-Packard (NYSE:HPQ) announced new additions to its "converged systems" platform that combines hardware, software and tailored services. HP Announces Converged Data Center HP is focusing on building pre-configured, complete systems which will bundle servers, storage, networking, software into one unit.
|
def3886d-e448-4ad2-b38a-c110227803d4
|
726867.0
|
2011-06-14 00:00:00 UTC
|
Trefis Top 5 – June 14 Insights (DELL, RIMM, AKAM, IBM, SPWRA)
|
DELL
|
https://www.nasdaq.com/articles/trefis-top-5-june-14-insights-dell-rimm-akam-ibm-spwra-2011-06-14
|
nan
|
nan
|
Today we look at how Akamai ( AKAM ) might benefit from Apple's ( AAPL ) new iCloud service. Dell ( DELL ) targets the high growth storage sector. Research in Motion (NASDAQ:RIMM) recently acquired Scoreloop, a mobile social gaming company that helps mobile game developers add social and in-app billing features to their games. IBM (NYSE:IBM) a software platform aimed at making cities 'smarter' by providing an easy package for cities to purchase and implement which will help monitor and manage city resources. Finally, we assess SunPower's (NASDAQ:SPWRA) PV solar components shipments.
Dell Targets High Growth Storage Market
Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas. In particular it added new scalable network-attached storage (NAS) and unified storage capabilities to its EqualLogic product family as well as new Fibre Channel additions to its Compellent and PowerVault families. In the past year, Dell has made a number of acquisitions in the storage sector - Compellent, Exanet and Ocarina Networks and is targeting the fast growing market for big data in the face of stiff competition from players like EMC ( EMC ), NetApp ( NTAP ), HP (NYSE:HPQ) and IBM (NYSE:IBM).
See article
RIM Acquires Scoreloop to Attract Developers
Research in Motion (NASDAQ:RIMM) recently acquired Scoreloop, a mobile social gaming company that helps mobile game developers add social and in-app billing features to their games. It is an important move by RIM for the improvement of its gaming and app ecosystem, which trails Apple's ( AAPL ) iOS and Google's (NASDAQ:GOOG) Android app ecosystems. Over the past few months, RIM has struggled to compete in the smartphone market while its US smartphone market share slumped from around 30% in January to 26% in April 2011. RIM desperately needs some innovative measures to overcome competition and spur investor confidence in order to boost its stock, and Scoreloop could be one of these moves. Our $51 estimate for RIM stock is about 40% above market price.
See article
Does Apple's iCloud Hold Promise for Akamai?
Apple ( AAPL ) recently launched its iCloud service that allows users to store their music, photos and other documents on the cloud. This content is thus accessible from Apple's mobile devices and any PC. While this is certainly a shiny introduction from Apple to fuel the growth in sales of its iPhone and iPad devices, it also holds promise for Akamai ( AKAM ). As a content delivery vendor for Apple, Akamai has an advantage over its competitors like Limelight Networks (LLNW), InterNAP Network Services (INAP) and Level 3 (NASDAQ:LVLT) in delivering these services.
See article
Big Blue Aims to Make Cities Smarter
Last week IBM (NYSE:IBM) announced an Intelligent Operations Center for Smarter Cities, a software platform aimed at providing an easy package for cities to purchase and implement which will help monitor and manage city resources. We believe this could help boost IBM's middleware business, which accounts for just under half of our $185 Trefis price estimate for IBM's stock - or just about 15% above the current market price. IBM competes with firms like Oracle (NASDAQ:ORCL) and Red Hat in the middleware software market.
See article
Bright Outlook for SunPower Solar Components Shipments
SunPower's (NASDAQ:SPWRA) shipments of utility and power plant components for residential and commercial purposes have increased from 49 megawatts (MW) in 2007 to 288 MW in 2010, and we expect this growth will continue driven by several benefits and subsidies provided by governments for solar energy. SunPower's efforts in increasing its dealer network has also helped improve sales over the years. Increasing oil and gas prices will push for greater efforts in improving efficiency of solar energy, which will benefit SunPower and other solar energy providers First Solar (FSLR), SuntechPower (NYSE:STP), and Yingli Green Energy Holding Com (NYSE:YGE).
See article
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In the past year, Dell has made a number of acquisitions in the storage sector - Compellent, Exanet and Ocarina Networks and is targeting the fast growing market for big data in the face of stiff competition from players like EMC ( EMC ), NetApp ( NTAP ), HP (NYSE:HPQ) and IBM (NYSE:IBM). Dell ( DELL ) targets the high growth storage sector. Dell Targets High Growth Storage Market Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas.
|
Dell ( DELL ) targets the high growth storage sector. Dell Targets High Growth Storage Market Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas. In the past year, Dell has made a number of acquisitions in the storage sector - Compellent, Exanet and Ocarina Networks and is targeting the fast growing market for big data in the face of stiff competition from players like EMC ( EMC ), NetApp ( NTAP ), HP (NYSE:HPQ) and IBM (NYSE:IBM).
|
In the past year, Dell has made a number of acquisitions in the storage sector - Compellent, Exanet and Ocarina Networks and is targeting the fast growing market for big data in the face of stiff competition from players like EMC ( EMC ), NetApp ( NTAP ), HP (NYSE:HPQ) and IBM (NYSE:IBM). Dell ( DELL ) targets the high growth storage sector. Dell Targets High Growth Storage Market Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas.
|
Dell ( DELL ) targets the high growth storage sector. Dell Targets High Growth Storage Market Dell ( DELL ) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas. In the past year, Dell has made a number of acquisitions in the storage sector - Compellent, Exanet and Ocarina Networks and is targeting the fast growing market for big data in the face of stiff competition from players like EMC ( EMC ), NetApp ( NTAP ), HP (NYSE:HPQ) and IBM (NYSE:IBM).
|
6cfbe911-05da-47bc-a45b-35e1e81d0306
|
726868.0
|
2011-06-07 00:00:00 UTC
|
HDD Market Hurting As Tablets Sales Surge
|
DELL
|
https://www.nasdaq.com/articles/hdd-market-hurting-tablets-sales-surge-2011-06-07
|
nan
|
nan
|
Companies like Hewlett-Packard (NYSE:HPQ), Lenovo and Dell ( DELL ) recently experienced a drop in sales of their notebook PCs as a result of rising popularity and adoption of tablet devices among consumers. While notebook PCs seem to be the first victim of the 'tablet phenomena', the increasing adoption of tablets is also beginning to affect other IT businesses like the HDD market - despite the fact that global storage demand is increasing at unprecedented rates driven by large quantities of data being created and shared by consumers. A slowdown in HDD market will hurt disk storage system vendors like EMC ( EMC ), NetApp ( NTAP ) and IBM (NYSE:IBM) among others if they do not expand their storage hardware product portfolios to adapt to this changing trend.
Rise in Adoption of Tablets
In a recent report by research firm IHS iSuppli, the sale of solid-state NAND flash drives are projected to increase by 400% in 2011 driven by increasing adoption of tablets which primarily use flash memory for data storage. As a result the revenue growth for computer HDDs, a category including drives for PCs and servers, is expected to decelerate dramatically compared with 2010.
Revenue for computer HDDs is projected to reach $28 billion in 2011, up 4% from the $27 billion reported in 2010. However, the anticipated HDD growth this year is only about half the 7 percent expansion posted by the industry last year.
While we estimate the total disk storage systems market (in gigabytes) to grow by as much as 40% the growth in sales is expected to be much lower as a result of reduction in price per GB. However, if the total disk storage systems market grows at a much slower rate due to lower demand for disk storage, there could be significant downside to our estimate for data storage firms like EMC and NetApp.
Other Factors: Cloud and SSDs
In addition to the influence of tablets, HDD sales are also impacted rival storage devices such as flash memory and solid-state drives that are eating into traditional hard-drive strongholds like netbook computers as well as enterprise storage.
Another factor that has slowed HDD growth is more efficient cloud storage. As consumers and corporate entities replace local storage and look to the cloud-where data is stored through networks, either privately or publicly- disk storage vendors may lose another important piece of their market.
See our full analysis of $37.60 Trefis price estimate for EMC .
See our full analysis of $54.93 Trefis price estimate for NetApp .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Companies like Hewlett-Packard (NYSE:HPQ), Lenovo and Dell ( DELL ) recently experienced a drop in sales of their notebook PCs as a result of rising popularity and adoption of tablet devices among consumers. Rise in Adoption of Tablets In a recent report by research firm IHS iSuppli, the sale of solid-state NAND flash drives are projected to increase by 400% in 2011 driven by increasing adoption of tablets which primarily use flash memory for data storage. As a result the revenue growth for computer HDDs, a category including drives for PCs and servers, is expected to decelerate dramatically compared with 2010.
|
Companies like Hewlett-Packard (NYSE:HPQ), Lenovo and Dell ( DELL ) recently experienced a drop in sales of their notebook PCs as a result of rising popularity and adoption of tablet devices among consumers. A slowdown in HDD market will hurt disk storage system vendors like EMC ( EMC ), NetApp ( NTAP ) and IBM (NYSE:IBM) among others if they do not expand their storage hardware product portfolios to adapt to this changing trend. Rise in Adoption of Tablets In a recent report by research firm IHS iSuppli, the sale of solid-state NAND flash drives are projected to increase by 400% in 2011 driven by increasing adoption of tablets which primarily use flash memory for data storage.
|
Companies like Hewlett-Packard (NYSE:HPQ), Lenovo and Dell ( DELL ) recently experienced a drop in sales of their notebook PCs as a result of rising popularity and adoption of tablet devices among consumers. A slowdown in HDD market will hurt disk storage system vendors like EMC ( EMC ), NetApp ( NTAP ) and IBM (NYSE:IBM) among others if they do not expand their storage hardware product portfolios to adapt to this changing trend. Rise in Adoption of Tablets In a recent report by research firm IHS iSuppli, the sale of solid-state NAND flash drives are projected to increase by 400% in 2011 driven by increasing adoption of tablets which primarily use flash memory for data storage.
|
Companies like Hewlett-Packard (NYSE:HPQ), Lenovo and Dell ( DELL ) recently experienced a drop in sales of their notebook PCs as a result of rising popularity and adoption of tablet devices among consumers. Rise in Adoption of Tablets In a recent report by research firm IHS iSuppli, the sale of solid-state NAND flash drives are projected to increase by 400% in 2011 driven by increasing adoption of tablets which primarily use flash memory for data storage. While we estimate the total disk storage systems market (in gigabytes) to grow by as much as 40% the growth in sales is expected to be much lower as a result of reduction in price per GB.
|
9ae44f48-21b3-4ebc-9759-bcb8975bd3cc
|
726869.0
|
2011-06-06 00:00:00 UTC
|
Trefis Top 5 – June 3 Insights (PG, F, AEO, MMI, VALE)
|
DELL
|
https://www.nasdaq.com/articles/trefis-top-5-june-3-insights-pg-f-aeo-mmi-vale-2011-06-06
|
nan
|
nan
|
In today's recap, we put to rest some rumors readers have sent our way regarding Procter & Gamble (NYSE:PG) potentially bidding for rival Unilever (NYSE:UL), which we think is highly unlikely at this point. American Eagle Outfitters ( AEO ) reports that it may shut down up to 100 under-performing stores pointing to continued difficulty for many retailers. Ford ( F ) is driving sales with its fuel efficient car line up, and we believe Motorola Mobility's (NYSE:MMI) Xoom will struggle against King iPad of the tablet market as well as new tablets that will weigh on Xoom's future sales. Finally, we break down Vale's (NYSE:VALE) key value drivers (hint: it's iron ore!) after launching coverage on the stock yesterday.
Why P&G Buying Unilever is Unlikely
Just the idea of the two leading consumer goods giants, Procter & Gamble (NYSE:PG) and Unilever (NYSE:UL), considering a merging would have seen preposterous a while ago, but news sources are abuzz over this prospect in recent days. Our price estimate for P&G is over $68 and Unilever is over $35.
See article
Ford Driving Car Sales with Fuel Efficient Line Up
Increased environmental awareness and $4 a gallon gas in much of the country has encouraged customers to look for smaller, more fuel efficient cars. In April and May we saw this trend continue as oil price continued to climb. Ford car sales were able to capitalize on this trend because of Ford's push into fuel efficient technologies has helped it build one of the most impressive line up of fuel efficient vehicles.
See article
American Eagle Outfitters ( AEO ) Could Shut 100 Stores by 2012
American Eagle Outfitters ( AEO ) is considering shutting close to 100 stores in the next two years in response to pressures to reduce overhead costs and given the difficulty the retailer is having. As AEO and competitors like Gap (NYSE:GPS), Abercrombie & Fitch ( ANF ) and Aeropostale ( ARO ) have reported Q1 results, we have witnessed varying degrees of success in revamping sales after the downturn.
See article
Motorola's Xoom Could Lose its Zoom in Tablet Market
Motorola Mobility's (NYSE:MMI) sales of Xoom tablets lags behind that of Apple's iPad. While Motorola shipped more than 250,000 Xoom tablets in the first quarter of 2011, Apple sold around 1 million iPads in the first weekend of its launch last year. We think Motorola will benefit from the tremendous growth expected in the tablet market in the next few years, but it faces competitive threats from Apple's iPad, Research in Motion's (NASDAQ:RIMM) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG.
See article
Top 3 Sources of Value for Vale
Vale (NYSE:VALE) is one of the world's largest mining companies and is headquartered in Brazil. It is the world leader in iron ore and iron ore pellets production and also has access to the world's largest nickel reserves. Apart from iron ore and nickel, Vale also produces bauxite, alumina, aluminium, copper, precious gems and minerals and other base metals. Vale operates a large logistics network based in Brazil which includes railroad, maritime terminals and a port. Vale competes with metals and mining giants like Rio Tinto (NYSE:RIO), BHP Billiton (BHP) and Alcoa (AA).
See article
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
We think Motorola will benefit from the tremendous growth expected in the tablet market in the next few years, but it faces competitive threats from Apple's iPad, Research in Motion's (NASDAQ:RIMM) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. American Eagle Outfitters ( AEO ) reports that it may shut down up to 100 under-performing stores pointing to continued difficulty for many retailers. As AEO and competitors like Gap (NYSE:GPS), Abercrombie & Fitch ( ANF ) and Aeropostale ( ARO ) have reported Q1 results, we have witnessed varying degrees of success in revamping sales after the downturn.
|
We think Motorola will benefit from the tremendous growth expected in the tablet market in the next few years, but it faces competitive threats from Apple's iPad, Research in Motion's (NASDAQ:RIMM) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. Why P&G Buying Unilever is Unlikely Just the idea of the two leading consumer goods giants, Procter & Gamble (NYSE:PG) and Unilever (NYSE:UL), considering a merging would have seen preposterous a while ago, but news sources are abuzz over this prospect in recent days. See article American Eagle Outfitters ( AEO ) Could Shut 100 Stores by 2012 American Eagle Outfitters ( AEO ) is considering shutting close to 100 stores in the next two years in response to pressures to reduce overhead costs and given the difficulty the retailer is having.
|
We think Motorola will benefit from the tremendous growth expected in the tablet market in the next few years, but it faces competitive threats from Apple's iPad, Research in Motion's (NASDAQ:RIMM) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. Ford ( F ) is driving sales with its fuel efficient car line up, and we believe Motorola Mobility's (NYSE:MMI) Xoom will struggle against King iPad of the tablet market as well as new tablets that will weigh on Xoom's future sales. See article Motorola's Xoom Could Lose its Zoom in Tablet Market Motorola Mobility's (NYSE:MMI) sales of Xoom tablets lags behind that of Apple's iPad.
|
We think Motorola will benefit from the tremendous growth expected in the tablet market in the next few years, but it faces competitive threats from Apple's iPad, Research in Motion's (NASDAQ:RIMM) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. American Eagle Outfitters ( AEO ) reports that it may shut down up to 100 under-performing stores pointing to continued difficulty for many retailers. Ford ( F ) is driving sales with its fuel efficient car line up, and we believe Motorola Mobility's (NYSE:MMI) Xoom will struggle against King iPad of the tablet market as well as new tablets that will weigh on Xoom's future sales.
|
93b834ca-0328-4b97-92c7-3b96ed7dc18a
|
726870.0
|
2011-06-06 00:00:00 UTC
|
Dell a Star in Struggling Tech Sector
|
DELL
|
https://www.nasdaq.com/articles/dell-star-struggling-tech-sector-2011-06-06
|
nan
|
nan
|
Dell Inc. (NASDAQ: DELL ) - One of the leading computer makers, Dell was in a bear market starting in July 2005. But in December 2010, the stock's chart took a turn for the better by penetrating the bear market's resistance line, and then it broke through the 20-day, 50-day and 200-day moving averages. Since then, the stock has traded within a very orderly bull channel with support at the 50-day moving average.
Despite heavy selling in the technology sector, Dell has held its own. S&P has the stock rated as a "four-star buy" with a target of $19. This matches the trading target, which will most likely be met before October. Buy Dell on a pullback to its support line at $15.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Despite heavy selling in the technology sector, Dell has held its own. Dell Inc. (NASDAQ: DELL ) - One of the leading computer makers, Dell was in a bear market starting in July 2005. Buy Dell on a pullback to its support line at $15.
|
Dell Inc. (NASDAQ: DELL ) - One of the leading computer makers, Dell was in a bear market starting in July 2005. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Despite heavy selling in the technology sector, Dell has held its own.
|
Dell Inc. (NASDAQ: DELL ) - One of the leading computer makers, Dell was in a bear market starting in July 2005. Despite heavy selling in the technology sector, Dell has held its own. Buy Dell on a pullback to its support line at $15.
|
Dell Inc. (NASDAQ: DELL ) - One of the leading computer makers, Dell was in a bear market starting in July 2005. Buy Dell on a pullback to its support line at $15. Despite heavy selling in the technology sector, Dell has held its own.
|
42e316f3-1ea0-49df-ad7d-80ac2d679360
|
726871.0
|
2011-06-01 00:00:00 UTC
|
Mac Gains Momentum in the Enterprise PC Market
|
DELL
|
https://www.nasdaq.com/articles/mac-gains-momentum-enterprise-pc-market-2011-06-01
|
nan
|
nan
|
Apple's ( AAPL ) Mac sales comfortably outpaced the overall PC market last quarter, in which the company sold 3.76 million Macs at a 28% growth over the year ago quarter. Comparatively, the overall PC market saw a 3% contraction. According to a recent report, Mac is making progress in the enterprise PC market as well. Apple experienced a growth of 66% in the last quarter compared to just 4.5% growth of the overall enterprise PC market. These are positive signs for Apple, but a larger threat to HP (NYSE:HPQ) and Dell ( DELL ), who thrive on selling larger volumes at lower price levels.
We currently maintain a $430 price estimate for Apple stock , which implies a premium to market price.
Outlook for Mac Market Share
Mac PCs accounts for about 16% of our price estimate for Apple stock. We believe that Mac's share in the global PC market will continue to increase from around 5% in 2010 to 9% by the end of our forecast period. However, given the progress that Apple is making in the consumer and enterprise PC market, our forecast estimate for Mac market share could prove conservative.
Given a more aggressive scenario where Mac notebook market share increases towards 15% by the end of our forecast period, there could be upside of 7% to our estimate for Apple's stock value. On top of that, faster growth in software, services and peripherals related to Mac PCs could point towards even greater upside potential.
See our complete analysis for Apple stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
These are positive signs for Apple, but a larger threat to HP (NYSE:HPQ) and Dell ( DELL ), who thrive on selling larger volumes at lower price levels. We believe that Mac's share in the global PC market will continue to increase from around 5% in 2010 to 9% by the end of our forecast period. Given a more aggressive scenario where Mac notebook market share increases towards 15% by the end of our forecast period, there could be upside of 7% to our estimate for Apple's stock value.
|
These are positive signs for Apple, but a larger threat to HP (NYSE:HPQ) and Dell ( DELL ), who thrive on selling larger volumes at lower price levels. Outlook for Mac Market Share Mac PCs accounts for about 16% of our price estimate for Apple stock. However, given the progress that Apple is making in the consumer and enterprise PC market, our forecast estimate for Mac market share could prove conservative.
|
These are positive signs for Apple, but a larger threat to HP (NYSE:HPQ) and Dell ( DELL ), who thrive on selling larger volumes at lower price levels. Apple's ( AAPL ) Mac sales comfortably outpaced the overall PC market last quarter, in which the company sold 3.76 million Macs at a 28% growth over the year ago quarter. Outlook for Mac Market Share Mac PCs accounts for about 16% of our price estimate for Apple stock.
|
These are positive signs for Apple, but a larger threat to HP (NYSE:HPQ) and Dell ( DELL ), who thrive on selling larger volumes at lower price levels. Apple experienced a growth of 66% in the last quarter compared to just 4.5% growth of the overall enterprise PC market. Outlook for Mac Market Share Mac PCs accounts for about 16% of our price estimate for Apple stock.
|
78f9141f-c55e-4aee-a01b-9259e33396b7
|
726872.0
|
2011-06-01 00:00:00 UTC
|
EMC's Focus on Unified Storage a Concern for NetApp
|
DELL
|
https://www.nasdaq.com/articles/emcs-focus-unified-storage-concern-netapp-2011-06-01
|
nan
|
nan
|
EMC ( EMC ), the leading storage vendor in the world, has expanded its product line to unified storage with its newly launched VNX storage platform. This comes as a competitive product offering against rival NetApp ( NTAP ), the dominant player in the unified storage market and the third largest player in external disk storage market. Data storage is among the fastest growing industries today and has witnessed tremendous amount of activity over the past year and a half - including a number of high profile acquisitions and an increased focus on the sector from tech giants like HP (NYSE:HPQ), Dell ( DELL ) & IBM (NYSE:IBM) that are shifting to more cloud services.
Unified Storage Growth
While most data center storage systems being shipped today still use traditional block-based technology, there has been tremendous growth in unstructured content such as digital media, which is often stored in file-based systems.
Even as the balance is shifting to file-based storage a typical enterprise will have to manage both types of storage for a long time. Unified storage combines file-based and block-based storage in one system and demand is increasing at a rapid rate.
EMC and NetApp's Storage Market Share
As EMC targets the unified storage market - among the fastest growing segments in the data storage industry - the firm has the opportunity to further expand its leading share in the external data storage market (in GB).
In a scenarios where EMC's storage market share increases to 30% by the end of the Trefis forecast period vs. 27% as we currently forecast would result in upside of just around 5% to our $37.60 price estimate for EMC and a total implied upside of near 40% to the market price.
A higher storage hardware market share is also likely boost storage software market share resulting in further upside potential for EMC.
In the past NetApp has significantly gained share in the data storage market driven by its industry leading unified storage offerings. However, faced with competition from the storage market leader EMC in its core unified storage market, NetApp may find it increasingly hard to gain further market share.
In a scenario where NetApp's market share remains constant going forward due to increased competition, in contrast to our current forecast of growth, there could be a potential downside of 6% to our $53.79 Trefis price estimate for NetApp's stock for an implied downside of around 10% to the market price.
See our complete model for NetApp .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Data storage is among the fastest growing industries today and has witnessed tremendous amount of activity over the past year and a half - including a number of high profile acquisitions and an increased focus on the sector from tech giants like HP (NYSE:HPQ), Dell ( DELL ) & IBM (NYSE:IBM) that are shifting to more cloud services. In a scenarios where EMC's storage market share increases to 30% by the end of the Trefis forecast period vs. 27% as we currently forecast would result in upside of just around 5% to our $37.60 price estimate for EMC and a total implied upside of near 40% to the market price. In a scenario where NetApp's market share remains constant going forward due to increased competition, in contrast to our current forecast of growth, there could be a potential downside of 6% to our $53.79 Trefis price estimate for NetApp's stock for an implied downside of around 10% to the market price.
|
Data storage is among the fastest growing industries today and has witnessed tremendous amount of activity over the past year and a half - including a number of high profile acquisitions and an increased focus on the sector from tech giants like HP (NYSE:HPQ), Dell ( DELL ) & IBM (NYSE:IBM) that are shifting to more cloud services. EMC and NetApp's Storage Market Share As EMC targets the unified storage market - among the fastest growing segments in the data storage industry - the firm has the opportunity to further expand its leading share in the external data storage market (in GB). In the past NetApp has significantly gained share in the data storage market driven by its industry leading unified storage offerings.
|
Data storage is among the fastest growing industries today and has witnessed tremendous amount of activity over the past year and a half - including a number of high profile acquisitions and an increased focus on the sector from tech giants like HP (NYSE:HPQ), Dell ( DELL ) & IBM (NYSE:IBM) that are shifting to more cloud services. EMC and NetApp's Storage Market Share As EMC targets the unified storage market - among the fastest growing segments in the data storage industry - the firm has the opportunity to further expand its leading share in the external data storage market (in GB). A higher storage hardware market share is also likely boost storage software market share resulting in further upside potential for EMC.
|
Data storage is among the fastest growing industries today and has witnessed tremendous amount of activity over the past year and a half - including a number of high profile acquisitions and an increased focus on the sector from tech giants like HP (NYSE:HPQ), Dell ( DELL ) & IBM (NYSE:IBM) that are shifting to more cloud services. Unified Storage Growth While most data center storage systems being shipped today still use traditional block-based technology, there has been tremendous growth in unstructured content such as digital media, which is often stored in file-based systems. EMC and NetApp's Storage Market Share As EMC targets the unified storage market - among the fastest growing segments in the data storage industry - the firm has the opportunity to further expand its leading share in the external data storage market (in GB).
|
725b7a10-9a0b-4ac6-a04e-d6189ea77f5a
|
726873.0
|
2011-06-01 00:00:00 UTC
|
NetApp Shows Strong Storage Hardware Sales
|
DELL
|
https://www.nasdaq.com/articles/netapp-shows-strong-storage-hardware-sales-2011-06-01
|
nan
|
nan
|
In its latest quarterly earnings release NetApp ( NTAP ) reported total revenue growth of 11% sequentially to $1.4 billion. The product revenue (comprising primarily of storage hardware) grew 14% sequentially to about $960 million, the second highest sequential growth rate in the past 5 years. NetApp is the third largest player in the external disk storage market behind EMC ( EMC ) and IBM (NYSE:IBM).
We have a $54.93 Trefis price estimate for NetApp's stock , about 5-10% above the stock's market price.
Strong Growth in NetApp's Storage Hardware Market Share
NetApp reported its total units shipped were up 29% year-over-year despite material constraints through the middle of the quarter. For the entire fiscal year, the firm posted a 30% revenue growth and the largest market share gains in its history.
On geographic basis, EMEA grew 15%, Asia-Pacific grew 21%, Americas grew 14% and the U.S. Public Sector an incredible 73%. The U.S. Public Sector business remains particularly robust as virtualization and cloud deployments remain a broad governmental priority and offers tremendous business potential to NetApp. (See HP Could Gain as Government Shifts to Cloud )
The firm is projecting $1.5 billion in Q1'12 estimating continued growth in storage hardware as well as the inclusion of revenues from the recently acquired Engenio business.
We currently forecast a 0.25% growth NetApp's market share of external disk storage gigabytes in 2011. However if NetApp's market share continues to grow at a rapid rate driven Engenio acquisition and U.S. governments shift to Cloud, there could be significant upside to our $54.93 Trefis price estimate for NetApp . (See NetApp's Engenio Acquisition Should Lift Market Share)
See our full analysis of NetApp
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In its latest quarterly earnings release NetApp ( NTAP ) reported total revenue growth of 11% sequentially to $1.4 billion. For the entire fiscal year, the firm posted a 30% revenue growth and the largest market share gains in its history. (See HP Could Gain as Government Shifts to Cloud ) The firm is projecting $1.5 billion in Q1'12 estimating continued growth in storage hardware as well as the inclusion of revenues from the recently acquired Engenio business.
|
Strong Growth in NetApp's Storage Hardware Market Share NetApp reported its total units shipped were up 29% year-over-year despite material constraints through the middle of the quarter. (See HP Could Gain as Government Shifts to Cloud ) The firm is projecting $1.5 billion in Q1'12 estimating continued growth in storage hardware as well as the inclusion of revenues from the recently acquired Engenio business. We currently forecast a 0.25% growth NetApp's market share of external disk storage gigabytes in 2011.
|
Strong Growth in NetApp's Storage Hardware Market Share NetApp reported its total units shipped were up 29% year-over-year despite material constraints through the middle of the quarter. However if NetApp's market share continues to grow at a rapid rate driven Engenio acquisition and U.S. governments shift to Cloud, there could be significant upside to our $54.93 Trefis price estimate for NetApp . (See NetApp's Engenio Acquisition Should Lift Market Share) See our full analysis of NetApp The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The product revenue (comprising primarily of storage hardware) grew 14% sequentially to about $960 million, the second highest sequential growth rate in the past 5 years. (See HP Could Gain as Government Shifts to Cloud ) The firm is projecting $1.5 billion in Q1'12 estimating continued growth in storage hardware as well as the inclusion of revenues from the recently acquired Engenio business. However if NetApp's market share continues to grow at a rapid rate driven Engenio acquisition and U.S. governments shift to Cloud, there could be significant upside to our $54.93 Trefis price estimate for NetApp .
|
8f5b2c02-987e-4def-aa3a-72f4274f1c0c
|
726874.0
|
2011-06-01 00:00:00 UTC
|
PC Slowdown is NOT Due to Tablets, Good News for Microsoft
|
DELL
|
https://www.nasdaq.com/articles/pc-slowdown-not-due-tablets-good-news-microsoft-2011-06-01
|
nan
|
nan
|
According to a recent report from NPD, a market research firm, the consumer PC market isn't floundering because of tablets or Apple's ( AAPL ) iPad. In fact the rate of PC cannibalization is actually declining among the most recent iPad purchasers. This is good news for Microsoft (NASDAQ:MSFT), which depends heavily on the PC market growth. Even PC manufacturers like HP (NYSE:HPQ) and Dell ( DELL ) will welcome this report's findings.
We have a $30 price estimate for Microsoft stock , which is about 15% above market price.
According to the report only 14% of early iPad adopters (iPad owners of six months or more) abandoned a PC purchase for an iPad and that dropped to just 12% of iPad owners who purchased over the past holiday season. Additionally, the cannibalization of netbooks actually came down by 50% among more recent iPad buyers, when compared to early adopter buyers.
PC slowdown not iPad's fault !
A few weeks back, IDC came out with a report in which it mentioned that the global PC shipments declined over 3% during Q1 2011 compared to the same period last year. The most popular reason given for the PC sales slowdown was the cannibalization from tablets. However, the NPD report mentions the reason for the PC sales slowdown was due to a large base effect.
The report states:
The explosion of computer sales when Windows 7 was launched, as well as the huge increase in netbook sales at that time, are much more to blame for weak consumer PC sales growth than the iPad," said Stephen Baker, vice president of industry analysis at NPD. "Overall it appears that the vast majority of iPad purchases to-date has been incremental to the consumer technology industry.
See our complete analysis of Microsoft stock.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Even PC manufacturers like HP (NYSE:HPQ) and Dell ( DELL ) will welcome this report's findings. A few weeks back, IDC came out with a report in which it mentioned that the global PC shipments declined over 3% during Q1 2011 compared to the same period last year. However, the NPD report mentions the reason for the PC sales slowdown was due to a large base effect.
|
Even PC manufacturers like HP (NYSE:HPQ) and Dell ( DELL ) will welcome this report's findings. According to the report only 14% of early iPad adopters (iPad owners of six months or more) abandoned a PC purchase for an iPad and that dropped to just 12% of iPad owners who purchased over the past holiday season. Additionally, the cannibalization of netbooks actually came down by 50% among more recent iPad buyers, when compared to early adopter buyers.
|
Even PC manufacturers like HP (NYSE:HPQ) and Dell ( DELL ) will welcome this report's findings. According to a recent report from NPD, a market research firm, the consumer PC market isn't floundering because of tablets or Apple's ( AAPL ) iPad. According to the report only 14% of early iPad adopters (iPad owners of six months or more) abandoned a PC purchase for an iPad and that dropped to just 12% of iPad owners who purchased over the past holiday season.
|
Even PC manufacturers like HP (NYSE:HPQ) and Dell ( DELL ) will welcome this report's findings. In fact the rate of PC cannibalization is actually declining among the most recent iPad purchasers. The most popular reason given for the PC sales slowdown was the cannibalization from tablets.
|
b38061a7-a70b-4018-95ef-a1af2dd6abc5
|
726875.0
|
2011-06-01 00:00:00 UTC
|
HP Leads Q1 Server Shipments, but Shift to the Cloud Draws Concerns
|
DELL
|
https://www.nasdaq.com/articles/hp-leads-q1-server-shipments-shift-cloud-draws-concerns-2011-06-01
|
nan
|
nan
|
In a recent release by IDC regarding the worldwide server market in Q1'11, HP (NYSE:HPQ) came out on top with a 31.5% market share. IBM (NYSE:IBM) finished a close second with a 29.2% market share. Other big players in the server market - Dell ( DELL ), Oracle (NASDAQ:ORCL) and Fujitsu ( FJTSF ) - placed 3rd, 4th and 5th respectively. We have previously written about how server market leadership matters more to HP than IBM (See Growth in Server Shipments Means More to HP than IBM ).
Servers (both industry and high-end combined) contribute almost 11% of our $54.70 price estimate for HP's stock . Our price estimate currently stands well ahead of market price.
Server Market Remains Strong, Cloud Poses Concerns
Factory revenue in the worldwide server market rose by 12% year-on-year, raking in $11.9 billion in the first quarter of 2011 as server unit shipments increased 2.5% year over year to 1.9 million units.
While the global server market remains strong, the shift to "cloud" (where more units of servers are sold into hosted data centers, rather than enterprise offices) is posing concerns to the broader market. This could result in a 1% decline in server units sold over the next three years.
We currently forecast that HP's industry server shipments will increase from an estimated 2.8 million in 2010 to over 3.2 million by the end our forecast period. However if the shipments actually decline by 1% over the next 3 years and continue to do so in the future as a result of a shift to the cloud, it would suggest downside to our $54.70 price estimate for HP's stock.
See our full analysis of HP stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Other big players in the server market - Dell ( DELL ), Oracle (NASDAQ:ORCL) and Fujitsu ( FJTSF ) - placed 3rd, 4th and 5th respectively. Servers (both industry and high-end combined) contribute almost 11% of our $54.70 price estimate for HP's stock . While the global server market remains strong, the shift to "cloud" (where more units of servers are sold into hosted data centers, rather than enterprise offices) is posing concerns to the broader market.
|
Other big players in the server market - Dell ( DELL ), Oracle (NASDAQ:ORCL) and Fujitsu ( FJTSF ) - placed 3rd, 4th and 5th respectively. Server Market Remains Strong, Cloud Poses Concerns Factory revenue in the worldwide server market rose by 12% year-on-year, raking in $11.9 billion in the first quarter of 2011 as server unit shipments increased 2.5% year over year to 1.9 million units. While the global server market remains strong, the shift to "cloud" (where more units of servers are sold into hosted data centers, rather than enterprise offices) is posing concerns to the broader market.
|
Other big players in the server market - Dell ( DELL ), Oracle (NASDAQ:ORCL) and Fujitsu ( FJTSF ) - placed 3rd, 4th and 5th respectively. We have previously written about how server market leadership matters more to HP than IBM (See Growth in Server Shipments Means More to HP than IBM ). Server Market Remains Strong, Cloud Poses Concerns Factory revenue in the worldwide server market rose by 12% year-on-year, raking in $11.9 billion in the first quarter of 2011 as server unit shipments increased 2.5% year over year to 1.9 million units.
|
Other big players in the server market - Dell ( DELL ), Oracle (NASDAQ:ORCL) and Fujitsu ( FJTSF ) - placed 3rd, 4th and 5th respectively. IBM (NYSE:IBM) finished a close second with a 29.2% market share. Server Market Remains Strong, Cloud Poses Concerns Factory revenue in the worldwide server market rose by 12% year-on-year, raking in $11.9 billion in the first quarter of 2011 as server unit shipments increased 2.5% year over year to 1.9 million units.
|
17506255-b921-4a49-ac29-a4617e270e82
|
726876.0
|
2011-06-01 00:00:00 UTC
|
iPad King of the Hill but Average Prices Will Decline
|
DELL
|
https://www.nasdaq.com/articles/ipad-king-hill-average-prices-will-decline-2011-06-01
|
nan
|
nan
|
With staggering demand for the iPad, Apple ( AAPL ) is leaving no stone unturned to ensure smooth functioning of its supply chain. It is absorbing overhead costs caused by the Japan earthquake and originally lowered its prices for the first iPad when the iPad 2 was announced. We believe these moves will help Apple fend off competition from Research in Motion's (NASDAQ:RIMM) PlayBook, and Google's (NASDAQ:GOOG) Android based tablets like Samsung's Galaxy, Motorola Mobility's (NYSE:MMI) Xoom, and Dell ( DELL ) Streak.
While these steps could impact iPad's profit margin over time, robust demand for the iPad and Apple's ability to satisfactorily meet the growing demand could comfortably compensate for the margin decline.
We estimate iPad's gross profit margin will lower gradually decrease to 23% by the end of our forecast period from the current 29%. Trefis members, however, predict a smaller decline reaching just under 28%, implying slight upside to our price estimate. The marginal impact on Apple's stock is because iPad forms only around 7% of the stock value by our analysis currently.
We currently have a Trefis price estimate of $430 for Apple's stock , about 30% above the current market price.
Higher Sales Can Offset Margin Decline
We estimate Apple's average iPad pricing to be $585 per device in 2011 as Apple slashes prices for older versions of the iPad. Apple cut pricing of the lowest version of the iPad from $499 to $399 after it launched iPad 2 in March 2011. This means that Apple is willing to cut its prices in order to boost sales and maintain its market share against tablets like Motorola's Xoom and RIM's Playbook. This strategy is paying off as the demand for Apple's iPad is still staggering and the company expects to double its sales in the next quarter. (See iPad Continues to Dominate the Tablet Market ) We earlier discussed how Apple's step to absorb additional costs incurred from supply constraints caused by the Japan earthquake will ensure smoother iPad shipments.
According to IDC, of the 18 million tablets shipped in 2010, iPad owned about 83% of the market. With a wide variety of apps to choose from and the best-in-the-lot user interface, we expect iPad sales will cross 54 million by the end of our forecast period.
However, recurring hikes in manufacturing, distribution and labor costs could affect iPad's profitability. In a recent note, we pointed out how shortage of both labor and material at Foxconn Electronics (one of Apple's key suppliers) plant in China, could slow Apple's growth. (See Supply Chain Issues Resurface for Apple) Given the heavy backlog for the iPad, supply chain-related concerns as the above could further delay shipments in the coming quarters, causing a drag on iPad's sales and profits.
Here is our complete analysis for Apple.
Editorial Note: Our original post suggested iPad ASP are currently declining. We clarified that we expect ASP to decline over time.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
We believe these moves will help Apple fend off competition from Research in Motion's (NASDAQ:RIMM) PlayBook, and Google's (NASDAQ:GOOG) Android based tablets like Samsung's Galaxy, Motorola Mobility's (NYSE:MMI) Xoom, and Dell ( DELL ) Streak. With staggering demand for the iPad, Apple ( AAPL ) is leaving no stone unturned to ensure smooth functioning of its supply chain. This means that Apple is willing to cut its prices in order to boost sales and maintain its market share against tablets like Motorola's Xoom and RIM's Playbook.
|
We believe these moves will help Apple fend off competition from Research in Motion's (NASDAQ:RIMM) PlayBook, and Google's (NASDAQ:GOOG) Android based tablets like Samsung's Galaxy, Motorola Mobility's (NYSE:MMI) Xoom, and Dell ( DELL ) Streak. While these steps could impact iPad's profit margin over time, robust demand for the iPad and Apple's ability to satisfactorily meet the growing demand could comfortably compensate for the margin decline. We currently have a Trefis price estimate of $430 for Apple's stock , about 30% above the current market price.
|
We believe these moves will help Apple fend off competition from Research in Motion's (NASDAQ:RIMM) PlayBook, and Google's (NASDAQ:GOOG) Android based tablets like Samsung's Galaxy, Motorola Mobility's (NYSE:MMI) Xoom, and Dell ( DELL ) Streak. While these steps could impact iPad's profit margin over time, robust demand for the iPad and Apple's ability to satisfactorily meet the growing demand could comfortably compensate for the margin decline. Higher Sales Can Offset Margin Decline We estimate Apple's average iPad pricing to be $585 per device in 2011 as Apple slashes prices for older versions of the iPad.
|
We believe these moves will help Apple fend off competition from Research in Motion's (NASDAQ:RIMM) PlayBook, and Google's (NASDAQ:GOOG) Android based tablets like Samsung's Galaxy, Motorola Mobility's (NYSE:MMI) Xoom, and Dell ( DELL ) Streak. While these steps could impact iPad's profit margin over time, robust demand for the iPad and Apple's ability to satisfactorily meet the growing demand could comfortably compensate for the margin decline. We currently have a Trefis price estimate of $430 for Apple's stock , about 30% above the current market price.
|
5f2cb79e-ffef-4ed3-81d0-2ecad08598b8
|
726877.0
|
2011-05-29 00:00:00 UTC
|
High Def Entertainment Should Lift Data Storage Firms
|
DELL
|
https://www.nasdaq.com/articles/high-def-entertainment-should-lift-data-storage-firms-2011-05-29
|
nan
|
nan
|
Data storage is among the fastest growing industries in the world and the segment has witnessed unprecedented activity in terms of M&As over the past year. EMC ( EMC ) and HP (NYSE:HPQ) are currently the leaders in the total disk storage market followed by IBM (NYSE:IBM), Dell ( DELL ) and NetApp ( NTAP ).
In recent years the advent of social media and increased user activity on the web has led to rapid increase in digital content creation and sharing, sparking a tremendous rise in demand for data storage.
Large Sized 3D Videos and High Resolution Images to Drive Demand
According to a report from IT consultancy firm Coughlin Associates, as image resolutions increase and 3D video becomes a more common format, storage systems sales for the entertainment and media industry could grow rapidly from $3.8 billion this year to $6.4 billion through 2016.
From 2011 to 2016, the media and entertainment industry will see a more than five-fold increase in storage capacity shipments from 11.2 exabytes to 62.7 exabytes. An exabyte is 1,000 petabytes or one billion gigabytes. Coughlin estimates that about 39% of the total storage media shipped in 2011 for all the digital entertainment content segments will be hard disk drives based, other formats being tape, optical and flash memory.
We currently estimate that total disk storage shipped will increase five-fold from an estimated 23 exabytes in 2011 to over 120 exabytes in 2016 (with content archiving and preservation making around 50% of the total disk storage capacity shipped), which is in line with the above trend.
You can drag the trend lines above to see the impact of various scenarios for total external disk storage on EMC's stock value.
See our full analysis for EMC's stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
EMC ( EMC ) and HP (NYSE:HPQ) are currently the leaders in the total disk storage market followed by IBM (NYSE:IBM), Dell ( DELL ) and NetApp ( NTAP ). Data storage is among the fastest growing industries in the world and the segment has witnessed unprecedented activity in terms of M&As over the past year. Large Sized 3D Videos and High Resolution Images to Drive Demand According to a report from IT consultancy firm Coughlin Associates, as image resolutions increase and 3D video becomes a more common format, storage systems sales for the entertainment and media industry could grow rapidly from $3.8 billion this year to $6.4 billion through 2016.
|
EMC ( EMC ) and HP (NYSE:HPQ) are currently the leaders in the total disk storage market followed by IBM (NYSE:IBM), Dell ( DELL ) and NetApp ( NTAP ). Large Sized 3D Videos and High Resolution Images to Drive Demand According to a report from IT consultancy firm Coughlin Associates, as image resolutions increase and 3D video becomes a more common format, storage systems sales for the entertainment and media industry could grow rapidly from $3.8 billion this year to $6.4 billion through 2016. We currently estimate that total disk storage shipped will increase five-fold from an estimated 23 exabytes in 2011 to over 120 exabytes in 2016 (with content archiving and preservation making around 50% of the total disk storage capacity shipped), which is in line with the above trend.
|
EMC ( EMC ) and HP (NYSE:HPQ) are currently the leaders in the total disk storage market followed by IBM (NYSE:IBM), Dell ( DELL ) and NetApp ( NTAP ). Large Sized 3D Videos and High Resolution Images to Drive Demand According to a report from IT consultancy firm Coughlin Associates, as image resolutions increase and 3D video becomes a more common format, storage systems sales for the entertainment and media industry could grow rapidly from $3.8 billion this year to $6.4 billion through 2016. Coughlin estimates that about 39% of the total storage media shipped in 2011 for all the digital entertainment content segments will be hard disk drives based, other formats being tape, optical and flash memory.
|
EMC ( EMC ) and HP (NYSE:HPQ) are currently the leaders in the total disk storage market followed by IBM (NYSE:IBM), Dell ( DELL ) and NetApp ( NTAP ). Large Sized 3D Videos and High Resolution Images to Drive Demand According to a report from IT consultancy firm Coughlin Associates, as image resolutions increase and 3D video becomes a more common format, storage systems sales for the entertainment and media industry could grow rapidly from $3.8 billion this year to $6.4 billion through 2016. We currently estimate that total disk storage shipped will increase five-fold from an estimated 23 exabytes in 2011 to over 120 exabytes in 2016 (with content archiving and preservation making around 50% of the total disk storage capacity shipped), which is in line with the above trend.
|
a820d803-16e3-4cc3-9d2a-147737a752d7
|
726878.0
|
2011-05-27 00:00:00 UTC
|
3 Factors Behind Salesforce.com's Higher Expenses
|
DELL
|
https://www.nasdaq.com/articles/3-factors-behind-salesforcecoms-higher-expenses-2011-05-27
|
nan
|
nan
|
In the recently concluded fiscal year Q1 2012 earnings, Salesforce.com ( CRM ) provided some insight on why operating expenses for the company increased. The company specifically mentioned three factors that increased expenses and lowered its operating margin outlook: 1) the acquisition of 7 companies last year which were dilutive to margins, 2) it accelerated hiring related to its core business, and 3) higher expenses on marketing programs. As these costs are aimed at driving future growth, this investment could pay off as Salesforece.com contends with larger competitors: SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in the cloud-computing market.
We currently maintain $122 price estimate for Salesforce.com , which is about 15% below market price.
Investing in the Future
Over the last year, Salesforce.com acquired 7 companies including well known names like Jigsaw, Heroku and Radian6. According to management, these acquisitions will add businesses with lower operating margins and thus change the operating margin outlook. However, management adds that they are important for increasing its cloud-computing product portfolio and should help drive future growth. We discussed our concerns on the operating profit outlook in our preview note, see Salesforce.com Earnings Preview: What We're Watching .
As shown in the above chart, the company's SG&A expenses as a % of gross profits increased in the last couple of years due to higher spend in SG&A. We expect these expenses to result in higher profits in the medium to long-term and grow gross profits so we should see a drop gradually through our forecast period.
Management also mentioned that accelerated hiring and marketing programs have pushed up expenses for the company:
..Accelerated hiring in the second half of last year is helping new business momentum but increasing expenses. Q1, we really felt the full effect of the roughly 850 employees we added in Q3 and Q4.
..In Q1, we spent significantly on marketing programs. Our first ever Superbowl ad, our Wall Street Journal, Chatter ad campaign, and the large Cloudforce events in New York and Paris were among the many investments we made in our brand-building awareness of our industry-leading products.
See our complete analysis for Salesforce.com stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In the recently concluded fiscal year Q1 2012 earnings, Salesforce.com ( CRM ) provided some insight on why operating expenses for the company increased. As these costs are aimed at driving future growth, this investment could pay off as Salesforece.com contends with larger competitors: SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in the cloud-computing market. However, management adds that they are important for increasing its cloud-computing product portfolio and should help drive future growth.
|
The company specifically mentioned three factors that increased expenses and lowered its operating margin outlook: 1) the acquisition of 7 companies last year which were dilutive to margins, 2) it accelerated hiring related to its core business, and 3) higher expenses on marketing programs. As these costs are aimed at driving future growth, this investment could pay off as Salesforece.com contends with larger competitors: SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in the cloud-computing market. Management also mentioned that accelerated hiring and marketing programs have pushed up expenses for the company: ..Accelerated hiring in the second half of last year is helping new business momentum but increasing expenses.
|
The company specifically mentioned three factors that increased expenses and lowered its operating margin outlook: 1) the acquisition of 7 companies last year which were dilutive to margins, 2) it accelerated hiring related to its core business, and 3) higher expenses on marketing programs. As these costs are aimed at driving future growth, this investment could pay off as Salesforece.com contends with larger competitors: SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in the cloud-computing market. Management also mentioned that accelerated hiring and marketing programs have pushed up expenses for the company: ..Accelerated hiring in the second half of last year is helping new business momentum but increasing expenses.
|
The company specifically mentioned three factors that increased expenses and lowered its operating margin outlook: 1) the acquisition of 7 companies last year which were dilutive to margins, 2) it accelerated hiring related to its core business, and 3) higher expenses on marketing programs. According to management, these acquisitions will add businesses with lower operating margins and thus change the operating margin outlook. However, management adds that they are important for increasing its cloud-computing product portfolio and should help drive future growth.
|
584b4056-8f7f-453a-ac19-fa533cfa4fca
|
726879.0
|
2011-05-24 00:00:00 UTC
|
Salesforce.com Raises Guidance on Growth in Customer Base
|
DELL
|
https://www.nasdaq.com/articles/salesforcecom-raises-guidance-growth-customer-base-2011-05-24
|
nan
|
nan
|
Salesforce.com ( CRM ) recently announced its fiscal year Q1 2012 earnings in which it raised its revenue forecast range to $2.15-2.17 billion for the full fiscal year 2012 The company mentioned in its conference call that faster growth in customer additions is responsible for the revised outlook. Salesforce.com had net addition of 5,400 customers in the last quarter taking the total paying customer count to 97,700, which is an important metric for for the company as it competes with much larger tech firms like SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in this market.
We currently maintain $122 price estimate for Salesforce.com , which is about 15% below market price.
Groupon and Bank of America the standout customers for Salesforce.com
During theearnings conference call the company specifically mentioned the names of Groupon and Bank of America ( BAC ) as its standout customers. The company mentioned that its cloud-based products like Force.com will be used in a variety of Groupon's business. We discussed Force.com prospects in a recent article titled Salesforce.com's Development Platform Could Become a Major Force . Although the company's cloud-based products are still a miniscule part of the overall cloud market, we expect it to gain traction going forward.
Here is what company mentioned about how it will help drive Groupon's business:
..The Force.com platform will touch nearly every aspect of Groupon's business, whether it's their management of merchants, the core of their business, their city planning and merchandising efforts, their customer service and consumer support, whether it's the development of their coupons, Force.com will help them to re-architect their company for the future.
The company also had some good things to say about Bank of America and how it is helping drive its business:
..Bank of America has entrusted us to help out thousands of Service Cloud seats, enabling its home loan service reps to quickly and accurately solve problems across all of their support channels and customer touch points.
See our complete analysis for Salesforce.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Salesforce.com had net addition of 5,400 customers in the last quarter taking the total paying customer count to 97,700, which is an important metric for for the company as it competes with much larger tech firms like SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in this market. Although the company's cloud-based products are still a miniscule part of the overall cloud market, we expect it to gain traction going forward. The company also had some good things to say about Bank of America and how it is helping drive its business: ..Bank of America has entrusted us to help out thousands of Service Cloud seats, enabling its home loan service reps to quickly and accurately solve problems across all of their support channels and customer touch points.
|
Salesforce.com ( CRM ) recently announced its fiscal year Q1 2012 earnings in which it raised its revenue forecast range to $2.15-2.17 billion for the full fiscal year 2012 The company mentioned in its conference call that faster growth in customer additions is responsible for the revised outlook. Salesforce.com had net addition of 5,400 customers in the last quarter taking the total paying customer count to 97,700, which is an important metric for for the company as it competes with much larger tech firms like SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in this market. Groupon and Bank of America the standout customers for Salesforce.com During theearnings conference call the company specifically mentioned the names of Groupon and Bank of America ( BAC ) as its standout customers.
|
Salesforce.com had net addition of 5,400 customers in the last quarter taking the total paying customer count to 97,700, which is an important metric for for the company as it competes with much larger tech firms like SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) in this market. Groupon and Bank of America the standout customers for Salesforce.com During theearnings conference call the company specifically mentioned the names of Groupon and Bank of America ( BAC ) as its standout customers. Here is what company mentioned about how it will help drive Groupon's business: ..The Force.com platform will touch nearly every aspect of Groupon's business, whether it's their management of merchants, the core of their business, their city planning and merchandising efforts, their customer service and consumer support, whether it's the development of their coupons, Force.com will help them to re-architect their company for the future.
|
Groupon and Bank of America the standout customers for Salesforce.com During theearnings conference call the company specifically mentioned the names of Groupon and Bank of America ( BAC ) as its standout customers. The company mentioned that its cloud-based products like Force.com will be used in a variety of Groupon's business. Here is what company mentioned about how it will help drive Groupon's business: ..The Force.com platform will touch nearly every aspect of Groupon's business, whether it's their management of merchants, the core of their business, their city planning and merchandising efforts, their customer service and consumer support, whether it's the development of their coupons, Force.com will help them to re-architect their company for the future.
|
c48fa5bb-19d6-4ddf-a57e-21bf76f2d986
|
726880.0
|
2011-05-20 00:00:00 UTC
|
Juniper Could Take Some Lumps in Japan
|
DELL
|
https://www.nasdaq.com/articles/juniper-could-take-some-lumps-japan-2011-05-20
|
nan
|
nan
|
Juniper (NYSE:JNPR) reported earnings last month and based on continued strong performance in routers and switches, we have raised our price estimate to just under $37 . Our price estimate now stands around 5% below the market price. While business is improving, the company also faces uncertainty related to Japan, which we discuss below in relation to the switch market that makes up 21% of our price estimate. Juniper competes with Cisco ( CSCO ), HP (NYSE:HPQ), Alcatel-Lucent ( ALU ) and Huawei-3Com in the network equipment business.
Mild Business Uncertainty Due to Japan Disaster
During the latest earnings announcement, Juniper's management stated that Japan accounts for about 5-8% of company's overall revenues. The company acknowledged the risk of a drop in Japanese demand saying, "… there is some level of uncertainty in the demand environment in Japan over the next couple of quarters, and we've calibrated the potential risk to our business. " (( Juniper's Q1 2011 Earnings Transcript , SeekingAlpha))
So how significant is the risk for Juniper?
On a relative basis it seems that the risk is more than what Cisco faces. We previously wrote an article (see article Cisco Resilient to Japan Disaster ) where we stated that Cisco's 3% revenues are attributed to Japan. This implies that Juniper has 2 or 3x more exposure to Japan than Cisco does on a relative basis.
In addition to the risk that existing revenues might drop, the uncertainty in Japan also limits the potential for growth in this market for the near-term at least.
In Q3 2010, Japan's switching market grew by 30% making it one of the fastest growing markets globally, and the slowdown could impact our anticipated growth rates for the router and switching market and weigh on our growth forecasts.
You can modify the chart above to see how changes in bottom layer switch market share impacts our price estimate.
See our complete analysis for Juniper's stock here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Juniper (NYSE:JNPR) reported earnings last month and based on continued strong performance in routers and switches, we have raised our price estimate to just under $37 . Juniper competes with Cisco ( CSCO ), HP (NYSE:HPQ), Alcatel-Lucent ( ALU ) and Huawei-3Com in the network equipment business. In addition to the risk that existing revenues might drop, the uncertainty in Japan also limits the potential for growth in this market for the near-term at least.
|
Mild Business Uncertainty Due to Japan Disaster During the latest earnings announcement, Juniper's management stated that Japan accounts for about 5-8% of company's overall revenues. We previously wrote an article (see article Cisco Resilient to Japan Disaster ) where we stated that Cisco's 3% revenues are attributed to Japan. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
While business is improving, the company also faces uncertainty related to Japan, which we discuss below in relation to the switch market that makes up 21% of our price estimate. Mild Business Uncertainty Due to Japan Disaster During the latest earnings announcement, Juniper's management stated that Japan accounts for about 5-8% of company's overall revenues. In Q3 2010, Japan's switching market grew by 30% making it one of the fastest growing markets globally, and the slowdown could impact our anticipated growth rates for the router and switching market and weigh on our growth forecasts.
|
While business is improving, the company also faces uncertainty related to Japan, which we discuss below in relation to the switch market that makes up 21% of our price estimate. Mild Business Uncertainty Due to Japan Disaster During the latest earnings announcement, Juniper's management stated that Japan accounts for about 5-8% of company's overall revenues. On a relative basis it seems that the risk is more than what Cisco faces.
|
e9a77249-eb2c-4187-a783-2970fc0b8c48
|
726881.0
|
2011-05-20 00:00:00 UTC
|
Notebook Price Declines Expected as PC Vendors Bank Coexisting with iPad
|
DELL
|
https://www.nasdaq.com/articles/notebook-price-declines-expected-pc-vendors-bank-coexisting-ipad-2011-05-20
|
nan
|
nan
|
HP (NYSE:HPQ) and Dell ( DELL ) are the two largest PC vendors in the world with close to 19% and 13% share respectively in the global PC market. Over the past few years, the notebook computer market has witnessed tremendous growth resulting in huge profits for the two tech giants.
However the advent and growing popularity of tablet PC's, especially Apple's ( AAPL ) iPad, is now posing a serious threat to the conventional notebooks and ultra-small "netbooks"- a mainstay of both HP's and Dell's PC business. An important question arising at this point for both these firms, as they make a push into the tablet market, is whether notebooks can hold their own against tablets going forward. Even if they do, it is clear that increasing tablet PC popularity is hampering notebook sales - thereby leading to slower growth in notebook sales in the future, if any.
According to research group Canalys, the notebook PC category will grow by around 8% this year, though " every ten tablets sold will mean five notebooks that don't. "
Notebook Prices Will Decline Sharply
Companies like HP and Dell are coming up with cheap computers and developing new models in an attempt to make notebooks a more viable option for consumers. Unfortunately, estimates are that the growth in notebooks sales will tail off quickly after 2011. As such, notebook prices could take a dive going forward.
See our full analysis and $55.49 price estimate for HP
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
However the advent and growing popularity of tablet PC's, especially Apple's ( AAPL ) iPad, is now posing a serious threat to the conventional notebooks and ultra-small "netbooks"- a mainstay of both HP's and Dell's PC business. Notebook Prices Will Decline Sharply Companies like HP and Dell are coming up with cheap computers and developing new models in an attempt to make notebooks a more viable option for consumers. HP (NYSE:HPQ) and Dell ( DELL ) are the two largest PC vendors in the world with close to 19% and 13% share respectively in the global PC market.
|
HP (NYSE:HPQ) and Dell ( DELL ) are the two largest PC vendors in the world with close to 19% and 13% share respectively in the global PC market. However the advent and growing popularity of tablet PC's, especially Apple's ( AAPL ) iPad, is now posing a serious threat to the conventional notebooks and ultra-small "netbooks"- a mainstay of both HP's and Dell's PC business. Notebook Prices Will Decline Sharply Companies like HP and Dell are coming up with cheap computers and developing new models in an attempt to make notebooks a more viable option for consumers.
|
However the advent and growing popularity of tablet PC's, especially Apple's ( AAPL ) iPad, is now posing a serious threat to the conventional notebooks and ultra-small "netbooks"- a mainstay of both HP's and Dell's PC business. Notebook Prices Will Decline Sharply Companies like HP and Dell are coming up with cheap computers and developing new models in an attempt to make notebooks a more viable option for consumers. HP (NYSE:HPQ) and Dell ( DELL ) are the two largest PC vendors in the world with close to 19% and 13% share respectively in the global PC market.
|
However the advent and growing popularity of tablet PC's, especially Apple's ( AAPL ) iPad, is now posing a serious threat to the conventional notebooks and ultra-small "netbooks"- a mainstay of both HP's and Dell's PC business. HP (NYSE:HPQ) and Dell ( DELL ) are the two largest PC vendors in the world with close to 19% and 13% share respectively in the global PC market. Notebook Prices Will Decline Sharply Companies like HP and Dell are coming up with cheap computers and developing new models in an attempt to make notebooks a more viable option for consumers.
|
138dce90-a8d5-41fd-94ea-4bee1c9a8576
|
726882.0
|
2011-05-19 00:00:00 UTC
|
Is This High-Flying Tech Stock Headed Down?
|
DELL
|
https://www.nasdaq.com/articles/high-flying-tech-stock-headed-down-2011-05-19
|
nan
|
nan
|
Looking over the most recent short-interest data, a very unusual company jumped out at me: EMC Corp. (NYSE: EMC ) . Short-sellers are increasingly convinced the storage giant is headed for a fall.
In the last two weeks of April, they boosted the short position in EMC by 18% to 83 millionshares . That makes EMC the seventh-most shorted stock on the New York Stock Exchange. Said another way, the percentage increase in short interest is the largest of any company in the Nasdaq 100.
Trying to figure out why so many investors are bearish, I turned to Wall Street analysts. That didn't help. I read nearly a dozen reports and almost every single analyst appeared very bullish on EMC's prospects, with almost all of them predicting shares will rally higher as the year progresses. Turns out, we've got a battle of bulls vs. bears.
Let's look at each case.
The sell-side frenzy
Wall Street analysts, known as sell-siders, repeatedly take note of the fact that EMC operates in one of the hottest areas for high-tech spending -- storage. Many enterprises are buckling under the weight of all the data they must harness, and they keep adding more and more storage servers to handle theload . EMC is considered to be the "best of breed," meaning its products are pricier -- but more robust -- than storage products sold by larger vendors such as Hewlett-Packard (NYSE: HPQ ) and Dell (Nasdaq: DELL ) .
By Wall Street's logic, overall tech spending will grow by single-digits in 2011, demand for storage could grow about 10%, and EMC, thanks to market share gains, can grow at least 15%. Sales had grown at an average annual rate of about 9% in the past three years. "We're beginning to think aloud if EMC's most robust opportunity actually lies in front of it," wrote analysts at Brean Murray in a January, 2011 report.
That robust opportunity? Cloud computing. An increasing amount of corporate data is being placed at Internet-connected data centers where EMC's specialized hardware and software help keep the massive volume of information flowing. EMC's 80% stake in VMWare (NYSE: VMW ) surely helps. The two firms, in conjunction with partner Cisco Systems (Nasdaq: CSCO ) , have seen their Virtual Computing Alliance (VCE) attract considerable buzz among IT executives.
A monthly survey conducted by Goldman Sachs in April that looks at IT spending plans found that "EMC is the standout gainer," adding that "EMC's gains were notable across storage and hardware." This means whatever IT spending funds are available in 2011 could well include EMC as part of the program.
Legions of doubters
Yet it's that IT spending outlook that may actually prove to be an Achilles Heel for EMC investors. The nuclear crisis in Japan, the economic crisis in Europe and signs of an emerging economic slowdown in the United States have tech watchers concerned that the industry has already crested and is due for a reckoning.
Just this week, Hewlett-Packard shaved its 2011 revenue forecast by $1 billion. HP may not be as strong a player as EMC in storage, but both firms share the same global customer base. "There's concern about a slowdown in economic growth. If that is the case, it will not only have an impact on a company like HP. It will affect the broader market," said Robert W. Baird's market strategist Bruce Bittles in an interview with Bloomberg. Can EMC really match the consensus forecast of 16% sales growth in 2011 if IT spending is upended?
EMC's detractors also take note of a few other issues. For starters, they note that more than half of the company's value is reflected in its 80% stake in VMWare. That firm, which admittedly has considerable momentum, is valued at more than 10 times projected 2011 revenue. That's an awfully high multiple for a company that has already grown quite large. So why not short shares of VMWare directly? Because very few shares are actively-traded, due to EMC's controlling stake, and it's much easier to short shares of the more liquid EMC stock and bet that both entities will drop in value.
Even Goldman Sachs' analysts, who highlighted positive survey responses for EMC, inject a note of caution. Their April survey generated a reading of 68.0, down seven points from the March survey. "Looking ahead, we believe IT spending expectations will have to balance secular growth drivers against an easing cycle recovery, tougher annual comparisons, and weaker key macro data," they wrote in a mid-May report.
Other short sellers suggest EMC's growth rate is bound to slow, simply due to the law of large numbers. Indeed, Merrill Lynch forecasts EMC's per share profits, which rose 40% in 2010, will grow 24%, 15% and 13% in 2011, 2012 and 2013, respectively. And that forecast assumes a robust outlook for storage spending. If the global economy weakens, EMC's growth rates would be notably lower than Merrill's forecasts.
Action to Take --> Shares of EMC powered higher through the winter and have held their own in the spring, even as other tech stocks have started to stumble. Short sellers are betting that the stock's surge, which has pushed it up to more than 20 times trailing earnings , is simply too rich for such a sober current environment for tech spending. In the next few quarters, we'll get a clearer sense of who will emerge victorious in this battle between bulls and bears.
Although EMC looks like the best house in a bad neighborhood, a real case can be made for a slowdown in tech spending. The company may be hard-pressed to keep growing at the fast pace that many Wall Street analysts expect.
P.S. -- If you're looking for quality stocks with high yields, you should take a look at this one. It pays a 19.2% dividend yield. It borrows cheap, gets paid handsomely and then pockets the spread. You'll get the full story on this cash machine and others like it in this video.
Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
EMC is considered to be the "best of breed," meaning its products are pricier -- but more robust -- than storage products sold by larger vendors such as Hewlett-Packard (NYSE: HPQ ) and Dell (Nasdaq: DELL ) . I read nearly a dozen reports and almost every single analyst appeared very bullish on EMC's prospects, with almost all of them predicting shares will rally higher as the year progresses. "Looking ahead, we believe IT spending expectations will have to balance secular growth drivers against an easing cycle recovery, tougher annual comparisons, and weaker key macro data," they wrote in a mid-May report.
|
EMC is considered to be the "best of breed," meaning its products are pricier -- but more robust -- than storage products sold by larger vendors such as Hewlett-Packard (NYSE: HPQ ) and Dell (Nasdaq: DELL ) . Other short sellers suggest EMC's growth rate is bound to slow, simply due to the law of large numbers. The company may be hard-pressed to keep growing at the fast pace that many Wall Street analysts expect.
|
EMC is considered to be the "best of breed," meaning its products are pricier -- but more robust -- than storage products sold by larger vendors such as Hewlett-Packard (NYSE: HPQ ) and Dell (Nasdaq: DELL ) . By Wall Street's logic, overall tech spending will grow by single-digits in 2011, demand for storage could grow about 10%, and EMC, thanks to market share gains, can grow at least 15%. A monthly survey conducted by Goldman Sachs in April that looks at IT spending plans found that "EMC is the standout gainer," adding that "EMC's gains were notable across storage and hardware."
|
EMC is considered to be the "best of breed," meaning its products are pricier -- but more robust -- than storage products sold by larger vendors such as Hewlett-Packard (NYSE: HPQ ) and Dell (Nasdaq: DELL ) . If that is the case, it will not only have an impact on a company like HP. Because very few shares are actively-traded, due to EMC's controlling stake, and it's much easier to short shares of the more liquid EMC stock and bet that both entities will drop in value.
|
55403db0-1c46-4a43-9712-1c3184a541ee
|
726883.0
|
2011-05-18 00:00:00 UTC
|
Opening View: Futures Flat Ahead of FOMC Minutes; DELL, DE, SPLS Step Up to the Earnings Podium
|
DELL
|
https://www.nasdaq.com/articles/opening-view-futures-flat-ahead-fomc-minutes-dell-de-spls-step-earnings-podium-2011-05-18
|
nan
|
nan
|
A dismal forecast from Hewlett-Packard (HPQ) and disappointing economic data sent U.S. equities reeling on Tuesday, with the Dow Jones Industrial Average (DJIA ) ending south of 12,500 for the first time since April 25. In pre-market action today, stocks are having a harder time picking a direction, with investors absorbing a mixed bag of earnings reports from Dell Inc. ( DELL ), Deere & Co. ( DE ), and Staples (SPLS), among others. What's more, many traders will likely remain on the sidelines until this afternoon, when the Federal Open Market Committee (FOMC) will release its latest meeting minutes. Against this backdrop, the Dow is trading about 4.5 points below fair value, while the broader S&P 500 Index (SPX ) is sticking closer to breakeven, up about half a point.
On the earnings front, Dell Inc. (DELL - 15.90) pulled down a first-quarter profit of $945 million, or 49 cents per share, nearly tripling its year-ago earnings of $341 million, or 17 cents per share. Excluding items, DELL earned 55 cents per share, while revenue improved 1% to $15.02 billion. The results were mixed, with Wall Street looking for a profit of just 44 cents per share on higher revenue of $15.4 billion. For the full fiscal year ahead, DELL now expects operating income to grow 12% to 18%, substantially higher than its earlier growth forecast of 6% to 12%. At last check, DELL is set to open about 5.5% higher.
Meanwhile, Deere & Co. (DE - 86.96) reported a fiscal second-quarter profit of $904.3 million, or $2.12 per share, up 65% from the year-ago quarter. Sales soared 25% to $8.12 billion. Analysts, on average, were expecting a quarterly profit of $2.06 per share on revenue of $8.14 billion. For the current quarter, DE forecast year-over-year sales growth of 20%, and said it now expects equipment sales to rise 21% to 23% during the fiscal year, up from its previous guidance for an 18% to 20% improvement. Furthermore, the farming equipment manufacturer lifted its fiscal-year earnings estimates by $150 million to $2.65 billion. In pre-market trading, DE is hovering just a hair's breadth south of breakeven
Elsewhere, Staples Inc. (SPLS - 19.65) said first-quarter profit rose to $198.2 million, or 28 cents per share, from $188.8 million, or 26 cents per share, a year earlier. Meanwhile, revenue edged 2% higher to $6.17 billion. The results fell short of the Street's expectations for a quarterly profit of 32 cents per share on sales of $6.2 billion. What's more, the office supplier cut its 2011 earnings guidance to a range of $1.35 to $1.45 per share, from its previous forecast for earnings of $1.50 to $1.60 per share. Analysts, on average, projected full-year earnings of $1.53 per share. Ahead of the bell, SPLS is poised to surrender about 11% out of the gate.
Finally, Target Corp. (TGT - 50.78) said it earned $689 million, or 99 cents per share, in the first quarter -- up from $671 million, or 90 cents per share, in the year-ago quarter, and above analysts' expectations for per-share earnings of 94 cents. Sales rose 2.8% to $15.58 billion, while total revenue -- which includes credit card sales -- advanced 2.2% to $15.94 billion. Analysts, on average, were anticipating sales of $16 billion. At last check, TGT has tacked on 1%.
Earnings Preview
Today's earnings docket will feature reports from Abercrombie & Fitch ( ANF ), Advance Auto Parts ( AAP ), Hot Topic (HOTT), NetEase.com (NTES), and Pan American Silver (PAAS), just to name a few. Keep your browser at SchaeffersResearch.com for more news as it breaks.
Economic Calendar
The economic agenda features the regularly scheduled update on domestic petroleum supplies, as well as the minutes from the latest meeting of the Federal Open Market Committee (FOMC). Finally, the economic calendar wraps up early on Thursday, with a flurry of data on the docket. Traders will hear the weekly report on jobless claims, the Philly Fed index for May, April's existing home sales, and the Conference Board's index of leading economic indicators.
Market Statistics
Equity option activity on the Chicago Board Options Exchange ( CBOE ) saw 1,122,550 call contracts traded on Tuesday, compared to 848,732 put contracts. The resultant single-session put/call ratio jumped to 0.76, while the 21-day moving average remained at 0.63.
The spring 2011 issue of SENTIMENT magazine is now available here.
Overseas Trading
Markets in Asia settled north of breakeven today, as bargain-hunters scooped up stocks in beaten-down sectors. In Japan, banks and utilities led the charge higher, while chip issue Renesas Electronics surged on news that it will restart production at its quake-damaged Naka facility. Automakers Hyundai Motor and Kia Motors were a pocket of strength in Korea, while a solid day for commodity stocks helped propel Shanghai-listed stocks to a positive finish. Optimism over the prospects for gambling revenue growth in Macau provided a boost in Hong Kong, with shares of SJM Holdings and Wynn Macau closing comfortably higher. By the close, South Korea's Kospi added 1.6%, Japan's Nikkei collected a 1% gain, China's Shanghai Composite rose 0.7%, and the Hong Kong Hang Seng tacked on 0.5%.
European shares are flirting with modest gains at midday, as financial leaders in the region move forward on a plan to aid cash-strapped Greece. Jean-Claude Juncker, the prime minister of Luxembourg and chair for the group of euro-zone finance ministers, said a "soft restructuring of Greek debt" may be possible, though he's "strictly opposed" to a major overhaul. Meanwhile, well-received quarterly results from Land Securities Group provided a boost for real estate stocks, while rebounding commodity prices prompted gains in mining issues. At last check, London's FTSE 100 and the French CAC 40 have each added 0.8%, while the German DAX is 0.5% higher.
Currencies and Commodities
The greenback has given back some of Tuesday's gains, with the U.S. dollar index down almost 0.1% at last check. Elsewhere, black gold has recovered a portion of yesterday's losses, with June-dated crude futures up $1.23, or 1.3%, to trade near $98.66 per barrel. Meanwhile, gold and silver futures are also bouncing back from multi-week lows, with the front-month contracts up about 0.9% and 3.2%, respectively.
Unusual Put and Call Activity:
For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations .
Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In pre-market action today, stocks are having a harder time picking a direction, with investors absorbing a mixed bag of earnings reports from Dell Inc. ( DELL ), Deere & Co. ( DE ), and Staples (SPLS), among others. On the earnings front, Dell Inc. (DELL - 15.90) pulled down a first-quarter profit of $945 million, or 49 cents per share, nearly tripling its year-ago earnings of $341 million, or 17 cents per share. Excluding items, DELL earned 55 cents per share, while revenue improved 1% to $15.02 billion.
|
In pre-market action today, stocks are having a harder time picking a direction, with investors absorbing a mixed bag of earnings reports from Dell Inc. ( DELL ), Deere & Co. ( DE ), and Staples (SPLS), among others. On the earnings front, Dell Inc. (DELL - 15.90) pulled down a first-quarter profit of $945 million, or 49 cents per share, nearly tripling its year-ago earnings of $341 million, or 17 cents per share. Excluding items, DELL earned 55 cents per share, while revenue improved 1% to $15.02 billion.
|
On the earnings front, Dell Inc. (DELL - 15.90) pulled down a first-quarter profit of $945 million, or 49 cents per share, nearly tripling its year-ago earnings of $341 million, or 17 cents per share. In pre-market action today, stocks are having a harder time picking a direction, with investors absorbing a mixed bag of earnings reports from Dell Inc. ( DELL ), Deere & Co. ( DE ), and Staples (SPLS), among others. Excluding items, DELL earned 55 cents per share, while revenue improved 1% to $15.02 billion.
|
At last check, DELL is set to open about 5.5% higher. In pre-market action today, stocks are having a harder time picking a direction, with investors absorbing a mixed bag of earnings reports from Dell Inc. ( DELL ), Deere & Co. ( DE ), and Staples (SPLS), among others. On the earnings front, Dell Inc. (DELL - 15.90) pulled down a first-quarter profit of $945 million, or 49 cents per share, nearly tripling its year-ago earnings of $341 million, or 17 cents per share.
|
c3c9ee87-6957-4acf-86bf-21720005349a
|
726884.0
|
2011-05-17 00:00:00 UTC
|
Salesforce.com Earnings Preview: What We're Watching
|
DELL
|
https://www.nasdaq.com/articles/salesforcecom-earnings-preview-what-were-watching-2011-05-17
|
nan
|
nan
|
Salesforce.com ( CRM ) is expected to announce its fiscal year Q1 2012 earnings on May 19th. We believe the main focus of the earnings will be how the company's newer cloud-computing products are faring, and we will keep an eye on the company's operating margins as expenses have been steadily outpacing revenue growth in the past couple of years. However, Salesforce.com's top-line growth is still impressive and beyond that of competitors SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM).
We currently maintain $118 price estimate for Salesforce.com stock , which is about 10%-15% below market price.
Focus on company's newer cloud based products…
Salesforce.com is a pure cloud computing player with its flagship Customer Relationship Management ( CRM ) product. However, investors have high expectations from company's other products like Force.com, AppExchange, Database.com and Chatter. The company hopes to penetrate the fast growing cloud computing market through these products, which is something we want to watch.
We discussed about the potential prospects of these products in our earlier notes titled Salesforce.com's Development Platform Could Become a Major Force and Salesforce.com Management Upbeat about Chatter's Prospects .
…And on operating expenses
The company's operating margins have declined over the last few years due to rapid rise in R&D and SG&A expenses. Particularly in the last year, the company mentioned that increases in headcount and commission expenses as well as the the Dreamforce event and the expansion in international markets led to increases in operating expenses.
We discussed about these issues in detail in our earlier note titled Should We Be Worried About Salesforce's Rising Operating Expenses?, and reached the conclusion that although the management sees further near-term investments in sales and marketing resources as necessary to grow the business, the higher expenses will ultimately need to be corralled relative to top-line revenues and gross profits.
See our complete analysis for Salesforce.com stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
We believe the main focus of the earnings will be how the company's newer cloud-computing products are faring, and we will keep an eye on the company's operating margins as expenses have been steadily outpacing revenue growth in the past couple of years. The company hopes to penetrate the fast growing cloud computing market through these products, which is something we want to watch. We discussed about these issues in detail in our earlier note titled Should We Be Worried About Salesforce's Rising Operating Expenses?, and reached the conclusion that although the management sees further near-term investments in sales and marketing resources as necessary to grow the business, the higher expenses will ultimately need to be corralled relative to top-line revenues and gross profits.
|
However, Salesforce.com's top-line growth is still impressive and beyond that of competitors SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM). …And on operating expenses The company's operating margins have declined over the last few years due to rapid rise in R&D and SG&A expenses. See our complete analysis for Salesforce.com stock here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
We believe the main focus of the earnings will be how the company's newer cloud-computing products are faring, and we will keep an eye on the company's operating margins as expenses have been steadily outpacing revenue growth in the past couple of years. Particularly in the last year, the company mentioned that increases in headcount and commission expenses as well as the the Dreamforce event and the expansion in international markets led to increases in operating expenses. We discussed about these issues in detail in our earlier note titled Should We Be Worried About Salesforce's Rising Operating Expenses?, and reached the conclusion that although the management sees further near-term investments in sales and marketing resources as necessary to grow the business, the higher expenses will ultimately need to be corralled relative to top-line revenues and gross profits.
|
We believe the main focus of the earnings will be how the company's newer cloud-computing products are faring, and we will keep an eye on the company's operating margins as expenses have been steadily outpacing revenue growth in the past couple of years. Focus on company's newer cloud based products… Salesforce.com is a pure cloud computing player with its flagship Customer Relationship Management ( CRM ) product. …And on operating expenses The company's operating margins have declined over the last few years due to rapid rise in R&D and SG&A expenses.
|
3db46727-7190-4a0a-ae34-8126b4e0ec1f
|
726885.0
|
2011-05-16 00:00:00 UTC
|
iPad Continues to Dominate the Tablet Market
|
DELL
|
https://www.nasdaq.com/articles/ipad-continues-dominate-tablet-market-2011-05-16
|
nan
|
nan
|
Apple ( AAPL ) reported a strong Q2 allaying concerns that supply constraints caused by the Japan quake. It reported higher than expected iPhone sales which boosted the company's overall revenues and profits. However, iPad sales declined from 7.3 million in Q1 of fiscal 2011 to 4.7 million in Q2 due to complications with planning and product transitions, according to management. We see this is a short-term non-issue and forecast healthy growth for the iPad sales, which contend with tablets from Samsung, Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ).
Demand Outlook is Strong
Apple maintains that demand for the iPad 2 is staggering and that it has a heavy backlog. It expects sales to almost double next quarter as manufacturing ramps up.
While we anticipate total iPad sales will cross 54 million by the end of our forecast period, Trefis members predict the sales will reach close to 62 million. The member estimates have a very small impact on Apple's stock, since the iPad constitutes around 7% of Apple's stock value by our estimates.
Competition from Xoom, Galaxy Persists, But iPad Still Rules
Apple's iPad continues to face competition from Samsung's Galaxy and Motorola Mobility's Xoom tablets. We discussed in our earlier note, Xoom Could Take a Bite Out of iPad's Profitability , how Xoom is offering competitive features like 3G network and a higher memory at competitive prices compared to the iPad. But these two companies still form a small fraction of the larger tablet market, which is mainly dominated by the iPad. According to a recent Nielsen survey, iPad owns around 82% of the tablet market followed by Samsung with 4%, Dell with 3% and Motorola with 2%.
Even in terms of customer satisfaction iPad seems to be doing better. According to ITG Investment Research, Samsung Galaxy Tab had a return rate of 16%, while iPad return rate since its debut has been 2%.
We currently have a Trefis price estimate of $420 for Apple's stock , about 28% above the current market price.
Our complete analysis for Apple's stock is here .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
According to a recent Nielsen survey, iPad owns around 82% of the tablet market followed by Samsung with 4%, Dell with 3% and Motorola with 2%. We see this is a short-term non-issue and forecast healthy growth for the iPad sales, which contend with tablets from Samsung, Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). Apple ( AAPL ) reported a strong Q2 allaying concerns that supply constraints caused by the Japan quake.
|
We see this is a short-term non-issue and forecast healthy growth for the iPad sales, which contend with tablets from Samsung, Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). According to a recent Nielsen survey, iPad owns around 82% of the tablet market followed by Samsung with 4%, Dell with 3% and Motorola with 2%. Competition from Xoom, Galaxy Persists, But iPad Still Rules Apple's iPad continues to face competition from Samsung's Galaxy and Motorola Mobility's Xoom tablets.
|
We see this is a short-term non-issue and forecast healthy growth for the iPad sales, which contend with tablets from Samsung, Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). According to a recent Nielsen survey, iPad owns around 82% of the tablet market followed by Samsung with 4%, Dell with 3% and Motorola with 2%. The member estimates have a very small impact on Apple's stock, since the iPad constitutes around 7% of Apple's stock value by our estimates.
|
We see this is a short-term non-issue and forecast healthy growth for the iPad sales, which contend with tablets from Samsung, Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). According to a recent Nielsen survey, iPad owns around 82% of the tablet market followed by Samsung with 4%, Dell with 3% and Motorola with 2%. It reported higher than expected iPhone sales which boosted the company's overall revenues and profits.
|
f98fbe86-f5da-447a-ae9c-932526cfe4b0
|
726886.0
|
2011-05-16 00:00:00 UTC
|
2 Growth Areas for IBM
|
DELL
|
https://www.nasdaq.com/articles/2-growth-areas-ibm-2011-05-16
|
nan
|
nan
|
IBM's ( IBM ) two most important businesses are middleware software and technology services, in which it competes with firms like Oracle ( ORCL ) and Red Hat. The firm is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market.
We have a $185 Trefis price estimate for IBM's stock , which is about 9% above the current market price. Below we look at two key business areas that are likely to shape IBM's business strategy and drive the firm's growth in the future.
1. Business Analytics and Optimization
The research firm IDC predicts that global data volumes will increase by 29 times over the next 10 years-to 35 zettabytes. (A zettabyte is a 1 followed by 21 zeros.) With enterprises needing a way to manage and mine potentially valuable information from this huge source of data, advanced data analytics will witness increased adoption.
IBM has built the world's leading analytics practice, with world's premier nonacademic mathematics function, leading-edge software and offerings integrated by industry. With more than 500 analytics patents and several acquisitions the firm has extended its capabilities beyond any other player in the market. IBM expects analytics solutions to contribute a mammoth $16 billion to its revenue by 2015 - providing significant boost to both its middleware software and service offerings.
2. Smarter Planet Initiative
IBM launched its smarter planet initiative in 2008 to provide new ways of monitoring, connecting, and analyzing the systems allowing business, civic and nongovernmental leaders to develop more efficient ways to manage these systems.
The firm aims to capture new and potentially huge markets (like utlities, e-commerce etc.) by offering solutions that will essentially be integrated with its middleware software platforms. IBM targets Smarter Planet solutions to grow to $10 billion in revenue by 2015.
If IBM manages to successfully extend its software and solution offerings leveraging its Smarter Planet initiative, its middleware software business could witness tremendous growth in the future.
See our full analysis of IBM .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The firm is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. 1. Business Analytics and Optimization The research firm IDC predicts that global data volumes will increase by 29 times over the next 10 years-to 35 zettabytes. IBM expects analytics solutions to contribute a mammoth $16 billion to its revenue by 2015 - providing significant boost to both its middleware software and service offerings.
|
The firm is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. Smarter Planet Initiative IBM launched its smarter planet initiative in 2008 to provide new ways of monitoring, connecting, and analyzing the systems allowing business, civic and nongovernmental leaders to develop more efficient ways to manage these systems. If IBM manages to successfully extend its software and solution offerings leveraging its Smarter Planet initiative, its middleware software business could witness tremendous growth in the future.
|
The firm is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. IBM's ( IBM ) two most important businesses are middleware software and technology services, in which it competes with firms like Oracle ( ORCL ) and Red Hat. Smarter Planet Initiative IBM launched its smarter planet initiative in 2008 to provide new ways of monitoring, connecting, and analyzing the systems allowing business, civic and nongovernmental leaders to develop more efficient ways to manage these systems.
|
The firm is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. 1. Business Analytics and Optimization The research firm IDC predicts that global data volumes will increase by 29 times over the next 10 years-to 35 zettabytes. by offering solutions that will essentially be integrated with its middleware software platforms.
|
2a891dd0-8c44-42ab-b7c6-db6cce2ed108
|
726887.0
|
2011-05-15 00:00:00 UTC
|
A Potential Downside Scenario for IBM
|
DELL
|
https://www.nasdaq.com/articles/potential-downside-scenario-ibm-2011-05-15
|
nan
|
nan
|
IBM's ( IBM ) two most important businesses are middleware software and technology services, in which it competes with firms like Oracle ( ORCL ) and Red Hat. Middleware and technology services account for roughly 45% and 24% of the company's stock value respectively. IBM is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market.
9% Downside Scenario: $169 Trefis Price Estimate for IBM
1. IBM Middleware License Revenues : We currently forecast that revenues from the sale of IBM's middleware licenses will increase from about $5.5 billion in 2010 to over $10 billion by the end of the Trefis forecast period. There could be however be a 5% downside to our $185 price estimate for IBM stock if middleware license revenues increase at the historical rate (which is lower than the growth rate we forecast) reaching close to $8.5 billion by the end of our forecast period.
2. IBM Middleware Software EBTDA Margin : We currently forecast that middleware software EBTDA margin will decrease from about 36% in 2010 to nearly 34% in 2012 and then remain constant through the remainder of our forecast period. There could be 4% downside to our $185 price estimate for IBM stock if margins continue falling, and reach pre-crisis level of 30% by the end of our forecast period.
We have a $185 base price estimate for IBM's stock , implying a premium to market price.
See our full analysis for IBM stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
IBM is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. There could be however be a 5% downside to our $185 price estimate for IBM stock if middleware license revenues increase at the historical rate (which is lower than the growth rate we forecast) reaching close to $8.5 billion by the end of our forecast period. There could be 4% downside to our $185 price estimate for IBM stock if margins continue falling, and reach pre-crisis level of 30% by the end of our forecast period.
|
IBM is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. IBM Middleware License Revenues : We currently forecast that revenues from the sale of IBM's middleware licenses will increase from about $5.5 billion in 2010 to over $10 billion by the end of the Trefis forecast period. There could be however be a 5% downside to our $185 price estimate for IBM stock if middleware license revenues increase at the historical rate (which is lower than the growth rate we forecast) reaching close to $8.5 billion by the end of our forecast period.
|
IBM is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. IBM Middleware License Revenues : We currently forecast that revenues from the sale of IBM's middleware licenses will increase from about $5.5 billion in 2010 to over $10 billion by the end of the Trefis forecast period. There could be however be a 5% downside to our $185 price estimate for IBM stock if middleware license revenues increase at the historical rate (which is lower than the growth rate we forecast) reaching close to $8.5 billion by the end of our forecast period.
|
IBM is also among the global leaders in business systems and competes with hardware vendors like HP ( HPQ ) and Dell ( DELL ) in the server market as well as EMC ( EMC ) and NetApp (NTAP) in the storage market. There could be however be a 5% downside to our $185 price estimate for IBM stock if middleware license revenues increase at the historical rate (which is lower than the growth rate we forecast) reaching close to $8.5 billion by the end of our forecast period. There could be 4% downside to our $185 price estimate for IBM stock if margins continue falling, and reach pre-crisis level of 30% by the end of our forecast period.
|
51a73a04-e232-4619-bfb1-33325e5bd565
|
726888.0
|
2011-05-15 00:00:00 UTC
|
Dell Earnings Preview, What We’re Watching
|
DELL
|
https://www.nasdaq.com/articles/dell-earnings-preview-what-were-watching-2011-05-15
|
nan
|
nan
|
Dell ( DELL ) plans to announce its Q1 earnings for FY'12 on May 17th. The firm is fast diversifying its product range to include security systems, storage products, servers, etc. as well as extending its services portfolio as it moves away from the core PC business. Seasonal factors that the company normally experiences will see revenues decline sequentially this quarter. Dell traditionally competes with HP ( HPQ ), Apple ( AAPL ), Acer (TPE:2353) and Toshiba though as we wrote recently in Is Dell a Consumer PC Company? Not Really, Says Mr. Dell , Del is trying to move away from its perception as a PC maker.
We have a price estimate of $22.39 for Dell's stock .
Dell Notebook & Netbooks Market Share
Dell is focusing efforts on business spending rather than consumer spending to drive revenue growth this quarter. Around 78% of Dell's revenue is enterprise focused, and the enterprise refresh cycle is helping support PC growth but only at modest levels.
Also tablets - most notably Apple's iPad - have had a negative impact on the PC market, slowing down PC unit growth. The impact is mostly on the notebooks/netbooks as many people are adopting the iPad as an alternative option to using notebooks on the go. At a minimum, iPads & tablets seem to be causing many users to defer, if not eliminate notebook purchases altogether.
Dell Server Shipments
While Dell is primarily known for its PCs, it is aggressively pushing into all aspects of the enterprise technology market with its new server, networking, and storage offerings. Dell's new products are primarily targeted at enterprises looking to scale bandwidth and utilize more virtualized services.
Dell is currently the third largest server vendor in the world with 14.6% share in server market in 2010, well behind market leaders IBM & HP.
See our full analysis of Dell's stock here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's new products are primarily targeted at enterprises looking to scale bandwidth and utilize more virtualized services. Dell ( DELL ) plans to announce its Q1 earnings for FY'12 on May 17th. Dell traditionally competes with HP ( HPQ ), Apple ( AAPL ), Acer (TPE:2353) and Toshiba though as we wrote recently in Is Dell a Consumer PC Company?
|
Dell Notebook & Netbooks Market Share Dell is focusing efforts on business spending rather than consumer spending to drive revenue growth this quarter. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dell ( DELL ) plans to announce its Q1 earnings for FY'12 on May 17th.
|
Dell traditionally competes with HP ( HPQ ), Apple ( AAPL ), Acer (TPE:2353) and Toshiba though as we wrote recently in Is Dell a Consumer PC Company? Dell Notebook & Netbooks Market Share Dell is focusing efforts on business spending rather than consumer spending to drive revenue growth this quarter. Dell Server Shipments While Dell is primarily known for its PCs, it is aggressively pushing into all aspects of the enterprise technology market with its new server, networking, and storage offerings.
|
Dell Notebook & Netbooks Market Share Dell is focusing efforts on business spending rather than consumer spending to drive revenue growth this quarter. Dell's new products are primarily targeted at enterprises looking to scale bandwidth and utilize more virtualized services. Dell ( DELL ) plans to announce its Q1 earnings for FY'12 on May 17th.
|
2425af64-e351-48ec-9d28-80fe07f0a9f2
|
726889.0
|
2011-05-13 00:00:00 UTC
|
3 Tech Stocks with More than 25% Upside
|
DELL
|
https://www.nasdaq.com/articles/3-tech-stocks-more-25-upside-2011-05-13
|
nan
|
nan
|
Investing in tech stocks can be quite tricky. The biggest players such as Microsoft (Nasdaq: MSFT ) , Dell (Nasdaq: DELL ) , Cisco Systems (Nasdaq: CSCO ) and Hewlettt-Packard (NYSE: HPQ ) are struggling to find growth. The industry's smallest players can post impressive growth in short stretches, but they can also plunge in value if growth cools. Shares of mobile data service company Motricity (Nasdaq: MOTR ) , for example, which I wrote about here , raced from $6 to $30 and back to $10 in less than a year.
That's why I like mid-cap tech stocks. They often have solid growth prospects, while their recurring revenue streams reduce the chances of a quarterly blowup. They're not fast-moving stocks, but they tend to be steady gainers over extended periods.
I went looking for these mid-cap plays, which I'm loosely defining as having market values between $500 million and $5 billion. I wanted to focus on GARP (growth at a reasonable price) stocks, so I searched for stocks with price-to-earnings ( P/E ) ratios that are lower than their earnings-growth rates -- also known as PEG stocks (or stocks that have a P/E below the earnings-per-share ( EPS ) growth rate).
Here's what I found...
The following companies caught my eye...
1. Cypress Semiconductor (NYSE: CY )
I'm usually hesitant to recommend stocks after they have had a strong run, but Cypress Semiconductor looks to have plenty more upside in the next year. Cypress is a diversified technology play, making everything from specialized memory chips (SRAM) to USB drive controllers to touch-screen devices. Due to a host of factors, each of its product lines is seeing rising demand. And a current heavy slate of research and development initiatives could lead to a cycle of new products that are expected to be available to customers later this year and in 2012.
The SRAM business recently got a real break. Japan's Renesas Electronics Corp., a leading SRAM supplier, is having manufacturing problems because of the earthquake and tsunami that hit the country in March, so a number of customers have turned to Cypress to fill in the output gap. Management had thought this would be a very low-growth business in 2011, but the coming quarters could see newfound momentum as Cypress takes a bigger chunk of the SRAM market share .
The touch-screen business has never gotten the full credit it deserves, largely because the company failed to woo Apple (Nasdaq: AAPL ), which largely pioneered the touch-screen business with its iPhone and iPad. Yet Cypress still works with a wide range of other companies and recently secured new deals that could help turn its touch-screen efforts into a $200-million business this year. Those customers include:
Garmin (Nasdaq: GRMN ) and TomTom in GPS devices
Hewlett-Packard in printers
Cisco Systems in IP phones
Sony (NYSE: SNE ) in cameras
BMW in car-based systems
The company's USB business is also poised for a nice lift. The entire computer industry is about to upgrade from USB 2.0 to USB 3.0, enabling consumers to have more storage capacity and faster download capability on those handy little thumb drives. Data between printers and computers will also be much faster. Cypress is likely to see the benefits of the transition late in 2011.
All of these drivers are fueling a solid profit picture for the company. Per-share earnings are expected to rise from less than $1 in 2010 to around $1.25 this year and to $1.50 by 2012. Analysts at Needham and Sterne Agee say the consensus forecast is too conservative, predicting 2012 EPS of $1.70 and $1.80 respectively. Shares trade for just 12 times Sterne Agee's street-high view.
To support shares while they still sport a reasonable multiple, management has been buying back stock and has another $300 million left to go. If shares trade up to 16 times Stern Agee's 2012 profit outlook, then they would rise from a current $22 to $28. That's more than 25% upside, perhaps not the kind of stark upside that aggressive growth investors may crave, but quite respectable when you look at the growth rates and upside of some of the bigger tech players.
2. ON Semiconductor Corp. (Nasdaq: ONNN )
I wrote about ON Semiconductor about a month ago and upon deeper reflection, the company looks more appealing than I first thought.
ON's first-quarter results were well ahead of forecasts. The chip maker has been moving quickly to integrate the acquisition of a large division of Japan's Sanyo. Synergies with Sanyo instantly boosted the sales base by 50%, and management's 12-18-month goal of bringing profit margins up at the acquired business now looks highly achievable. In fact, that process may complete by later this year, according to analysts at D.A. Davidson. Firming margins translate into higher EPS forecasts. Davidson now sees EPS in 2011 and 2012 about $0.15 higher than before, or $1.17 and $1.33, respectively. Shares, trading at less than nine times the 2012 outlook, look quite appealing.
3. GT Solar International Inc. (Nasdaq: SOLR )
As I mentioned earlier this week, being one of the main suppliers of clean-energy technology to solar-panel makers means GT Solar is a very stable business,. And like ON, this company looks much more appealing than I previously thought.
Investors should expect positive management commentary when the firm reports results in about two weeks. GT Solar recently announced nearly $100 million in new orders for its cutting-edge, high-margin Sapphire Furnace technology. This is likely to pump up an already strong backlog .
It's not clear yet whether investors are responding to the company's very low P/E ratio, the rising backlog or its prodigious free cash flow , but shares are now moving up to their highest levels since January. Still, they sport the lowest P/E ratio of any stock shown in the table above.
Action to Take --> These tech stocks offer the best of both worlds: reasonable downside protection afforded by low P/E ratios and potentially solid upside, thanks to projected earnings momentum. Investors looking for a good combination of safety and upside would do well to consider these stocks.
-- David Sterman
P.S. If you're an income investor, why would you buy a stock yielding 2% when you can find one paying 26% right here? Watch this presentation for more.
Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The biggest players such as Microsoft (Nasdaq: MSFT ) , Dell (Nasdaq: DELL ) , Cisco Systems (Nasdaq: CSCO ) and Hewlettt-Packard (NYSE: HPQ ) are struggling to find growth. Japan's Renesas Electronics Corp., a leading SRAM supplier, is having manufacturing problems because of the earthquake and tsunami that hit the country in March, so a number of customers have turned to Cypress to fill in the output gap. It's not clear yet whether investors are responding to the company's very low P/E ratio, the rising backlog or its prodigious free cash flow , but shares are now moving up to their highest levels since January.
|
The biggest players such as Microsoft (Nasdaq: MSFT ) , Dell (Nasdaq: DELL ) , Cisco Systems (Nasdaq: CSCO ) and Hewlettt-Packard (NYSE: HPQ ) are struggling to find growth. If shares trade up to 16 times Stern Agee's 2012 profit outlook, then they would rise from a current $22 to $28. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC.
|
The biggest players such as Microsoft (Nasdaq: MSFT ) , Dell (Nasdaq: DELL ) , Cisco Systems (Nasdaq: CSCO ) and Hewlettt-Packard (NYSE: HPQ ) are struggling to find growth. I wanted to focus on GARP (growth at a reasonable price) stocks, so I searched for stocks with price-to-earnings ( P/E ) ratios that are lower than their earnings-growth rates -- also known as PEG stocks (or stocks that have a P/E below the earnings-per-share ( EPS ) growth rate). Cypress Semiconductor (NYSE: CY ) I'm usually hesitant to recommend stocks after they have had a strong run, but Cypress Semiconductor looks to have plenty more upside in the next year.
|
The biggest players such as Microsoft (Nasdaq: MSFT ) , Dell (Nasdaq: DELL ) , Cisco Systems (Nasdaq: CSCO ) and Hewlettt-Packard (NYSE: HPQ ) are struggling to find growth. I wanted to focus on GARP (growth at a reasonable price) stocks, so I searched for stocks with price-to-earnings ( P/E ) ratios that are lower than their earnings-growth rates -- also known as PEG stocks (or stocks that have a P/E below the earnings-per-share ( EPS ) growth rate). Per-share earnings are expected to rise from less than $1 in 2010 to around $1.25 this year and to $1.50 by 2012.
|
403311c2-ee8a-40ee-878d-d09cd8d466e6
|
726890.0
|
2011-05-09 00:00:00 UTC
|
Microsoft Leaning on Business PC Market Growth
|
DELL
|
https://www.nasdaq.com/articles/microsoft-leaning-business-pc-market-growth-2011-05-09
|
nan
|
nan
|
Microsoft ( MSFT ) recently announced its fiscal year Q3 2011 earnings in which it noted that the business PC market grew by 9% compared to the same period last year. On the other hand, the consumer PC market declined by 8%, dragging the overall PC market down by 1-3%. PC market growth is not only important to Microsoft, but also to PC manufacturers like Apple ( AAPL ), HP ( HPQ ) and Dell ( DELL ).
In our earlier note titled PC Market Weakness is Bad News for Microsoft , we discussed how long-term weakness in the PC market could spur downside to our $29.62 price estimate for Microsoft stock . Our price estimate stands about 15% above market price.
Business PC Refresh Cycle Continues
The PC refresh cycle is driving the business PC market, and Microsoft expects that this cycle could continue through its fiscal 2012. The recent decline in the consumer PC market was primarily due to a 40% drop in netbooks sales. The PC market is a critical driver for Microsoft, and we expect notebook and netbooks growth to be in double-digits for the next few years, although the desktop market is unlikely to see much upside going forward.
Regarding PC market growth, management commented:
"The business PC refresh cycle continues and is still in the early stages. Second, emerging markets continue to play a larger role in total PC shipment volume and now represent nearly half of all worldwide PC shipments.
On the struggling consumer PC market, management cited "increased competition for consumer spending and the strength of Windows 7 consumer PCs in the prior year".
Implications for Microsoft
The strength of the business PC market should support Microsoft's profitability in the short-term. But once the PC refresh cycle ends, the business PC market could stagnate, meaning that the impact of the consumer PC market will become amplified.
See our complete analysis for Microsoft stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
PC market growth is not only important to Microsoft, but also to PC manufacturers like Apple ( AAPL ), HP ( HPQ ) and Dell ( DELL ). In our earlier note titled PC Market Weakness is Bad News for Microsoft , we discussed how long-term weakness in the PC market could spur downside to our $29.62 price estimate for Microsoft stock . The recent decline in the consumer PC market was primarily due to a 40% drop in netbooks sales.
|
PC market growth is not only important to Microsoft, but also to PC manufacturers like Apple ( AAPL ), HP ( HPQ ) and Dell ( DELL ). Business PC Refresh Cycle Continues The PC refresh cycle is driving the business PC market, and Microsoft expects that this cycle could continue through its fiscal 2012. Regarding PC market growth, management commented: "The business PC refresh cycle continues and is still in the early stages.
|
PC market growth is not only important to Microsoft, but also to PC manufacturers like Apple ( AAPL ), HP ( HPQ ) and Dell ( DELL ). In our earlier note titled PC Market Weakness is Bad News for Microsoft , we discussed how long-term weakness in the PC market could spur downside to our $29.62 price estimate for Microsoft stock . Business PC Refresh Cycle Continues The PC refresh cycle is driving the business PC market, and Microsoft expects that this cycle could continue through its fiscal 2012.
|
PC market growth is not only important to Microsoft, but also to PC manufacturers like Apple ( AAPL ), HP ( HPQ ) and Dell ( DELL ). Microsoft ( MSFT ) recently announced its fiscal year Q3 2011 earnings in which it noted that the business PC market grew by 9% compared to the same period last year. Business PC Refresh Cycle Continues The PC refresh cycle is driving the business PC market, and Microsoft expects that this cycle could continue through its fiscal 2012.
|
8c94958e-b3ee-420c-a322-7e05449f02cb
|
726891.0
|
2011-05-06 00:00:00 UTC
|
Xoom Surprises, Still No iPad But Adds Zip to Stock
|
DELL
|
https://www.nasdaq.com/articles/xoom-surprises-still-no-ipad-adds-zip-stock-2011-05-06
|
nan
|
nan
|
In the recently announced earnings, Motorola Mobility ( MMI ) announced that it shipped more than 250,000 Xoom tablets in the first quarter of 2011. In our previous note titled Discouraging Motorola Xoom Sales Could be a Drag on Stock , we discussed how several analysts had forecast lower estimates for the Xoom and looked at potential downside scenarios. While Motorola Mobility managed to beat those estimates, its sales still pales in comparison to Apple's ( AAPL ) iPad sales. Apple sold around 1 million iPads in the first weekend of its launch last year. Motorola also faces stiff competition from Research in Motion's ( RIMM ) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG.
We currently expect the Motorola Mobility to sell around 4 million Xoom units this year, and we expect this to grow to 5.2 million for next year. You can explore upside and downside scenarios to this forecast using the chart above. Our price estimate suggests around a 7% upside to the current market price.
See our full analysis and $25.45 price estimate for Motorola Mobility
Editor's Note: An earlier version said sold instead of shipped 250,000 Xoom tablets.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Motorola also faces stiff competition from Research in Motion's ( RIMM ) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. In our previous note titled Discouraging Motorola Xoom Sales Could be a Drag on Stock , we discussed how several analysts had forecast lower estimates for the Xoom and looked at potential downside scenarios. Apple sold around 1 million iPads in the first weekend of its launch last year.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Motorola also faces stiff competition from Research in Motion's ( RIMM ) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. In the recently announced earnings, Motorola Mobility ( MMI ) announced that it shipped more than 250,000 Xoom tablets in the first quarter of 2011.
|
Motorola also faces stiff competition from Research in Motion's ( RIMM ) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. In our previous note titled Discouraging Motorola Xoom Sales Could be a Drag on Stock , we discussed how several analysts had forecast lower estimates for the Xoom and looked at potential downside scenarios. We currently expect the Motorola Mobility to sell around 4 million Xoom units this year, and we expect this to grow to 5.2 million for next year.
|
Motorola also faces stiff competition from Research in Motion's ( RIMM ) PlayBook, and new products from companies like Samsung, Dell ( DELL ) and LG. In our previous note titled Discouraging Motorola Xoom Sales Could be a Drag on Stock , we discussed how several analysts had forecast lower estimates for the Xoom and looked at potential downside scenarios. Apple sold around 1 million iPads in the first weekend of its launch last year.
|
6507c754-5f07-4fb4-bcca-d6aeb0dea902
|
726892.0
|
2011-04-28 00:00:00 UTC
|
Discouraging Motorola Xoom Sales Could be a Drag on Stock
|
DELL
|
https://www.nasdaq.com/articles/discouraging-motorola-xoom-sales-could-be-drag-stock-2011-04-28
|
nan
|
nan
|
According to one Global Equities' analyst, Motorola Mobility ( MMI ) likely sold between 25,000 and 125,000 Xoom tablets since the company began offering the product on February 24th. Analysts from Sanford Bernstein and Deutsche Bank have also estimated low numbers for Xoom. This is unwelcome news for Motorola as Xoom tablets account for 20% of our $25.45 price estimate for Motorola Mobility stock . Motorola Mobility faces stiff competition from Apple's ( AAPL ) iPad, Research in Motion's ( RIMM ) PlayBook, and other products from companies like Samsung, Dell ( DELL ) and LG.
Our price estimate for Motorola Mobility, at $25.45 , is about 5-10% above market price.
Slow Start for Motorola Xoom
Although Xoom sales were never expected to match the early success of the Apple's original iPad, the magnitude of the difference is worth noting. Apple sold around 1 million iPads in the first weekend of its launch last year; Xoom estimates suggest 25,000 to 125,000 sold since its February 24 launch. A product's launch is very important, as sales typically spike due to the build up of pre-launch anticipation.
We expect Motorola Mobility to sell around 4 million Xoom tablets in 2011. However, after a tepid start, Motorola might not be able to achieve this target. You can examine the downside impact to Motorola Mobility's stock value from fewer Xoom sales by dragging the trend line in the interactive chart above.
See our complete analysis of Motorola Mobility stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Motorola Mobility faces stiff competition from Apple's ( AAPL ) iPad, Research in Motion's ( RIMM ) PlayBook, and other products from companies like Samsung, Dell ( DELL ) and LG. According to one Global Equities' analyst, Motorola Mobility ( MMI ) likely sold between 25,000 and 125,000 Xoom tablets since the company began offering the product on February 24th. A product's launch is very important, as sales typically spike due to the build up of pre-launch anticipation.
|
Motorola Mobility faces stiff competition from Apple's ( AAPL ) iPad, Research in Motion's ( RIMM ) PlayBook, and other products from companies like Samsung, Dell ( DELL ) and LG. According to one Global Equities' analyst, Motorola Mobility ( MMI ) likely sold between 25,000 and 125,000 Xoom tablets since the company began offering the product on February 24th. This is unwelcome news for Motorola as Xoom tablets account for 20% of our $25.45 price estimate for Motorola Mobility stock .
|
Motorola Mobility faces stiff competition from Apple's ( AAPL ) iPad, Research in Motion's ( RIMM ) PlayBook, and other products from companies like Samsung, Dell ( DELL ) and LG. This is unwelcome news for Motorola as Xoom tablets account for 20% of our $25.45 price estimate for Motorola Mobility stock . Slow Start for Motorola Xoom Although Xoom sales were never expected to match the early success of the Apple's original iPad, the magnitude of the difference is worth noting.
|
Motorola Mobility faces stiff competition from Apple's ( AAPL ) iPad, Research in Motion's ( RIMM ) PlayBook, and other products from companies like Samsung, Dell ( DELL ) and LG. This is unwelcome news for Motorola as Xoom tablets account for 20% of our $25.45 price estimate for Motorola Mobility stock . Apple sold around 1 million iPads in the first weekend of its launch last year; Xoom estimates suggest 25,000 to 125,000 sold since its February 24 launch.
|
99903202-01f8-47e8-98b2-3c9475c4c079
|
726893.0
|
2011-04-27 00:00:00 UTC
|
Strong Hardware Revenue Growth Does Not Mean Much for IBM's Stock
|
DELL
|
https://www.nasdaq.com/articles/strong-hardware-revenue-growth-does-not-mean-much-ibms-stock-2011-04-27
|
nan
|
nan
|
IBM ( IBM ) derives the bulk of its revenues from server sales (including system z, system x and system p servers) for which IBM is theglobal marketleader. Competitors include other technology giants like HP ( HPQ ), Dell ( DELL ) and Oracle ( ORCL ) in the server market.
In its most recent Q1'11 earnings, IBM exceeded expectations, posting strong revenue growth in its hardware business segment. However, this improvement has little significance to IBM's stock value, given the small contribution of the hardware segment to the company's overall value.
We currently have a $185 price estimate for IBM , about 10% ahead of market price, and estimate that the hardware business represents only 2% of IBM's equity value.
Low EBTDA Margin on Hardware Business
The hardware business typically has lower margins compared to software or services businesses. While hardware sales made up 18% of IBM's revenues in 2010, the segment's contribution to firm's EBTDA was only 9.8%.
Server business EBTDA margin of roughly 13% in 2010 was much lower than that of IBM's software, services or financing businesses. While we currently forecast that server EBTDA margin will hover around 13% going forward, the potential upside from this segment is limited given its relatively small contribution to the company's value. An increase in server EBTDA margin to 15%, for example, would only imply $2 of upside to our $185 price estimate for IBM's stock .
Despite the low contribution to IBM's stock value, the server business does hold importance and significant intangible value for IBM, as a number of software solutions and services provided by the firm are based on its installed server base.
See our full analysis of IBM stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Competitors include other technology giants like HP ( HPQ ), Dell ( DELL ) and Oracle ( ORCL ) in the server market. In its most recent Q1'11 earnings, IBM exceeded expectations, posting strong revenue growth in its hardware business segment. While we currently forecast that server EBTDA margin will hover around 13% going forward, the potential upside from this segment is limited given its relatively small contribution to the company's value.
|
Competitors include other technology giants like HP ( HPQ ), Dell ( DELL ) and Oracle ( ORCL ) in the server market. IBM ( IBM ) derives the bulk of its revenues from server sales (including system z, system x and system p servers) for which IBM is theglobal marketleader. Low EBTDA Margin on Hardware Business The hardware business typically has lower margins compared to software or services businesses.
|
Competitors include other technology giants like HP ( HPQ ), Dell ( DELL ) and Oracle ( ORCL ) in the server market. IBM ( IBM ) derives the bulk of its revenues from server sales (including system z, system x and system p servers) for which IBM is theglobal marketleader. Low EBTDA Margin on Hardware Business The hardware business typically has lower margins compared to software or services businesses.
|
Competitors include other technology giants like HP ( HPQ ), Dell ( DELL ) and Oracle ( ORCL ) in the server market. Low EBTDA Margin on Hardware Business The hardware business typically has lower margins compared to software or services businesses. While hardware sales made up 18% of IBM's revenues in 2010, the segment's contribution to firm's EBTDA was only 9.8%.
|
281f224d-dff8-4ef5-ad4c-08ae34a5988b
|
726894.0
|
2011-04-21 00:00:00 UTC
|
Tablet Makers' Delays a Boon for Apple's iPad
|
DELL
|
https://www.nasdaq.com/articles/tablet-makers-delays-boon-apples-ipad-2011-04-21
|
nan
|
nan
|
According to a recent report from DigiTimes, many players have decided to postpone the launch of tablets due to various issues surrounding them. Some of the reasons cited are shortages of key components in part due to the Japanese quake and unstable performance of Android Honeycomb operating system, which Google ( GOOG ) specifically developed for tablets. As a result, Apple ( AAPL ) continues to capture most the growth in the tablet market as no real competitor has challenged it. Motorola Mobility ( MMI ), Apple expected to face stiff competition from players such as Research in Motion ( RIMM ), Samsung, Dell ( DELL ) and LG that all planned to launch tablets.
Our price estimate for Apple stock , at $420 is roughly 25% above market price.
We discussed in previous notes Apple's own concerns regarding supply constraints, which we cited as the biggest risk to iPad's business rather than slowing demand. See articles titled Apple's Move to Absorb Higher Component Costs Will Help iPad 2 and Upside to Apple's Stock from Higher iPad Sales . We believe that there could be some gross margin impact for Apple relating to these cost pressures; however, so far higher iPad sales have outweighed any negative pressure on the cost side. We note that Apple reports earnings later this week (see Apple Earnings Preview: What We're Watching), we will stay tuned for additional color on these developments.
See our complete analysis of Apple stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Motorola Mobility ( MMI ), Apple expected to face stiff competition from players such as Research in Motion ( RIMM ), Samsung, Dell ( DELL ) and LG that all planned to launch tablets. According to a recent report from DigiTimes, many players have decided to postpone the launch of tablets due to various issues surrounding them. Some of the reasons cited are shortages of key components in part due to the Japanese quake and unstable performance of Android Honeycomb operating system, which Google ( GOOG ) specifically developed for tablets.
|
Motorola Mobility ( MMI ), Apple expected to face stiff competition from players such as Research in Motion ( RIMM ), Samsung, Dell ( DELL ) and LG that all planned to launch tablets. See articles titled Apple's Move to Absorb Higher Component Costs Will Help iPad 2 and Upside to Apple's Stock from Higher iPad Sales . See our complete analysis of Apple stock here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Motorola Mobility ( MMI ), Apple expected to face stiff competition from players such as Research in Motion ( RIMM ), Samsung, Dell ( DELL ) and LG that all planned to launch tablets. See articles titled Apple's Move to Absorb Higher Component Costs Will Help iPad 2 and Upside to Apple's Stock from Higher iPad Sales . We note that Apple reports earnings later this week (see Apple Earnings Preview: What We're Watching), we will stay tuned for additional color on these developments.
|
Motorola Mobility ( MMI ), Apple expected to face stiff competition from players such as Research in Motion ( RIMM ), Samsung, Dell ( DELL ) and LG that all planned to launch tablets. According to a recent report from DigiTimes, many players have decided to postpone the launch of tablets due to various issues surrounding them. Some of the reasons cited are shortages of key components in part due to the Japanese quake and unstable performance of Android Honeycomb operating system, which Google ( GOOG ) specifically developed for tablets.
|
b6d8f4e5-0f4c-4a97-adf4-4a608d4d7917
|
726895.0
|
2011-04-20 00:00:00 UTC
|
Printers & Displays Now Represent Just 5% of Dell's Stock Value
|
DELL
|
https://www.nasdaq.com/articles/printers-displays-now-represent-just-5-dells-stock-value-2011-04-20
|
nan
|
nan
|
Over the years, Dell ( DELL ) has shifted focus from its hardware business more towards service offerings, given its stable revenues and better profit margins. As a result, the firm has witnessed a decline in the mix of revenues coming from its printer and display monitor businesses whose contribution to the firm value, currently at just under 5%, is losing significance. Dell competes with personal computer manufacturers like HP ( HPQ ), Apple ( AAPL ), Acer (TPE:2353) and Toshiba, as well as IBM ( IBM ) and others for IT services.
We currently maintain a $22.39 price estimate for Dell's stock , roughly 50% ahead of market price.
Dell's Printer Business
Dell is a very small player in the printer market compared to HP, Samsung, Cannon, and Lexmark ( LXK ) with less than 5% market share. Its offerings include both the inkjet and laser lines of printers. Most of its printers are sold in bundes with its PCs.
Limited Market Share in Slowing Printer Market
Overall, printer sales have slowed with the emergence of wireless networks for printer sharing. As such, printer sales per PC have declined for the last couple of years. Dell's small share in the printer market means the firm generates hardly enough revenues to maintain a healthy profit margin in the printer hardware business, which has high associated costs.
Also, Dell has previously resorted to cutting down printer prices in order to compete with competitors like HP and Lexmark. As the market shrinks, Dell might have to drop prices further, making it more difficult to run the business profitably.
Dell's Display Business
Dell is the 2nd largest player in the display market after Samsung, which overtook Dell as the market leader as a result of increasing sales of its LCD monitors.
Fate of Displays Tied to Desktops
Most Dell monitors are sold with Dell desktops - standalone sales of its monitors are very small. The upgrade cycle to LCD monitors saw Samsung surpass Dell as the market leader due to its prominence in the stand alone monitor market.
Since displays are most commonly sold along with desktops, Dell's display fortunes rest on desktop sales, which are suffering at the hands of notebooks, netbooks and now tablet devices.
See our complete analysis of Dell stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell's small share in the printer market means the firm generates hardly enough revenues to maintain a healthy profit margin in the printer hardware business, which has high associated costs. Also, Dell has previously resorted to cutting down printer prices in order to compete with competitors like HP and Lexmark. As the market shrinks, Dell might have to drop prices further, making it more difficult to run the business profitably.
|
Dell's Printer Business Dell is a very small player in the printer market compared to HP, Samsung, Cannon, and Lexmark ( LXK ) with less than 5% market share. Dell's small share in the printer market means the firm generates hardly enough revenues to maintain a healthy profit margin in the printer hardware business, which has high associated costs. Dell's Display Business Dell is the 2nd largest player in the display market after Samsung, which overtook Dell as the market leader as a result of increasing sales of its LCD monitors.
|
Dell's Printer Business Dell is a very small player in the printer market compared to HP, Samsung, Cannon, and Lexmark ( LXK ) with less than 5% market share. Dell's small share in the printer market means the firm generates hardly enough revenues to maintain a healthy profit margin in the printer hardware business, which has high associated costs. Dell's Display Business Dell is the 2nd largest player in the display market after Samsung, which overtook Dell as the market leader as a result of increasing sales of its LCD monitors.
|
Over the years, Dell ( DELL ) has shifted focus from its hardware business more towards service offerings, given its stable revenues and better profit margins. Dell's small share in the printer market means the firm generates hardly enough revenues to maintain a healthy profit margin in the printer hardware business, which has high associated costs. Dell's Display Business Dell is the 2nd largest player in the display market after Samsung, which overtook Dell as the market leader as a result of increasing sales of its LCD monitors.
|
bc95aaa9-3486-43bc-8e2c-dc006563b023
|
726896.0
|
2011-04-20 00:00:00 UTC
|
Apple Lawsuit Could Shape iPad Profitability
|
DELL
|
https://www.nasdaq.com/articles/apple-lawsuit-could-shape-ipad-profitability-2011-04-20
|
nan
|
nan
|
Apple ( AAPL ) recently sued Samsung claiming its Galaxy mobile phones and tablets copied Apple's iPhone and iPad in terms of the look, product design, packaging and user interface. Samsung was the only meaningful competitor to Apple in 2010, after launching its Galaxy tablet in Q4 2010. Samsung was responsible for the slight dent to Apple's complete dominance in the tablet market in 2010, as Apple's market share declined from 93% in Q3 2010 to 73% in Q4 2010. However, Apple is expected to face more challenges in 2011 from players such as Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ).
If Apple receives a favorable ruling in the case, the company would not only gain from a potential one-time penalty to Samsung, but could also gain from recurring royalty revenues should Samsung decide to license Apple's technology. The recurring royalty revenues would certainly help Apple increase its iPad gross profit margins.
Our price estimate for Apple stock , at $420 is roughly 25% above market price.
See our complete analysis of Apple stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
However, Apple is expected to face more challenges in 2011 from players such as Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). Apple ( AAPL ) recently sued Samsung claiming its Galaxy mobile phones and tablets copied Apple's iPhone and iPad in terms of the look, product design, packaging and user interface. If Apple receives a favorable ruling in the case, the company would not only gain from a potential one-time penalty to Samsung, but could also gain from recurring royalty revenues should Samsung decide to license Apple's technology.
|
However, Apple is expected to face more challenges in 2011 from players such as Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). Samsung was responsible for the slight dent to Apple's complete dominance in the tablet market in 2010, as Apple's market share declined from 93% in Q3 2010 to 73% in Q4 2010. See our complete analysis of Apple stock here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
However, Apple is expected to face more challenges in 2011 from players such as Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). Apple ( AAPL ) recently sued Samsung claiming its Galaxy mobile phones and tablets copied Apple's iPhone and iPad in terms of the look, product design, packaging and user interface. Samsung was responsible for the slight dent to Apple's complete dominance in the tablet market in 2010, as Apple's market share declined from 93% in Q3 2010 to 73% in Q4 2010.
|
However, Apple is expected to face more challenges in 2011 from players such as Motorola Mobility ( MMI ), Research in Motion ( RIMM ) and Dell ( DELL ). Apple ( AAPL ) recently sued Samsung claiming its Galaxy mobile phones and tablets copied Apple's iPhone and iPad in terms of the look, product design, packaging and user interface. Samsung was the only meaningful competitor to Apple in 2010, after launching its Galaxy tablet in Q4 2010.
|
4565b158-fdb1-4758-be73-d3347cb8fe97
|
726897.0
|
2011-04-20 00:00:00 UTC
|
Trefis Morning Coffee – Juniper, Dell, News Corp & Hartford Financial
|
DELL
|
https://www.nasdaq.com/articles/trefis-morning-coffee-juniper-dell-news-corp-hartford-financial-2011-04-20
|
nan
|
nan
|
A string of high-profile earnings releases on tap this week… Here we start with a look at 3 key trends to watch for Juniper ( JNPR ) ahead of the company'searnings calllater today. We also dive into Dell's ( DELL ) recent announcement to invest $1 billion into its cloud computing push.
Which cable network contributes the most to News Corp's ( NWSA ) stock value? Try our quiz of the day to see the answer. Or take a closer look at Hartford Financial ( HIG ) by exploring today's free company model.
Juniper - Company of the Day
With Juniper's Q1 '11 earnings release scheduled for this evening, we highlight our breakdown of the company's profit drivers and note 3 key trends to watch .
Investors s
|
We also dive into Dell's ( DELL ) recent announcement to invest $1 billion into its cloud computing push. A string of high-profile earnings releases on tap this week… Here we start with a look at 3 key trends to watch for Juniper ( JNPR ) ahead of the company'searnings calllater today. Or take a closer look at Hartford Financial ( HIG ) by exploring today's free company model.
|
We also dive into Dell's ( DELL ) recent announcement to invest $1 billion into its cloud computing push. A string of high-profile earnings releases on tap this week… Here we start with a look at 3 key trends to watch for Juniper ( JNPR ) ahead of the company'searnings calllater today. Juniper - Company of the Day With Juniper's Q1 '11 earnings release scheduled for this evening, we highlight our breakdown of the company's profit drivers and note 3 key trends to watch .
|
We also dive into Dell's ( DELL ) recent announcement to invest $1 billion into its cloud computing push. A string of high-profile earnings releases on tap this week… Here we start with a look at 3 key trends to watch for Juniper ( JNPR ) ahead of the company'searnings calllater today. Juniper - Company of the Day With Juniper's Q1 '11 earnings release scheduled for this evening, we highlight our breakdown of the company's profit drivers and note 3 key trends to watch .
|
We also dive into Dell's ( DELL ) recent announcement to invest $1 billion into its cloud computing push. A string of high-profile earnings releases on tap this week… Here we start with a look at 3 key trends to watch for Juniper ( JNPR ) ahead of the company'searnings calllater today. Which cable network contributes the most to News Corp's ( NWSA ) stock value?
|
c5572ffc-c513-447a-b77c-491080af82d1
|
726898.0
|
2011-04-19 00:00:00 UTC
|
Could Dell's Cloud Push Complete its Transition to a Service Firm?
|
DELL
|
https://www.nasdaq.com/articles/could-dells-cloud-push-complete-its-transition-service-firm-2011-04-19
|
nan
|
nan
|
In a recent announcement, Dell ( DELL ) unveiled its plans to invest $1 billion into its cloud computing push with the opening of 10 data centers over the next 24 months. Dell's move comes after technology giants IBM ( IBM ) and HP ( HPQ ) have placed cloud services at the core of their growth strategy. Dell derives nearly 19% of its stock value from service offerings by our estimates, making this business division the second largest value driver for the company. We have a $22.39 price estimate for Dell's stock , about 50% ahead of market price.
Dell To Offer Cloud Services
The cloud services market is expected to continue its rapid growth crossing $102 billion in 2012 at a roughly 50% increase from $68 billion in 2010.
Dell, which in the past has gone from being a PC vendor to a more service oriented firm aims to target its existing small and midsize customers with these cloud services. The customers will be able access programs and information over the Internet that will be run and stored on Dell-operated data centers, thereby eliminating the cost of operating the equipment themselves. This could lead to higher technology infrastructure revenues for Dell in the coming years.
We currently estimate that Dell's technology infrastructure outsourcing revenues will increase from $700 million in 2010 to $900 million by the end of our forecast period. But if revenues from this segment gain momentum and reach $1.2 billion by the end of our forecast period, the services business division would become the largest value driver for Dell, surpassing notebook & netbook sales.
See our complete analysis of Dell stock here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell derives nearly 19% of its stock value from service offerings by our estimates, making this business division the second largest value driver for the company. The customers will be able access programs and information over the Internet that will be run and stored on Dell-operated data centers, thereby eliminating the cost of operating the equipment themselves. But if revenues from this segment gain momentum and reach $1.2 billion by the end of our forecast period, the services business division would become the largest value driver for Dell, surpassing notebook & netbook sales.
|
Dell To Offer Cloud Services The cloud services market is expected to continue its rapid growth crossing $102 billion in 2012 at a roughly 50% increase from $68 billion in 2010. We currently estimate that Dell's technology infrastructure outsourcing revenues will increase from $700 million in 2010 to $900 million by the end of our forecast period. But if revenues from this segment gain momentum and reach $1.2 billion by the end of our forecast period, the services business division would become the largest value driver for Dell, surpassing notebook & netbook sales.
|
In a recent announcement, Dell ( DELL ) unveiled its plans to invest $1 billion into its cloud computing push with the opening of 10 data centers over the next 24 months. Dell To Offer Cloud Services The cloud services market is expected to continue its rapid growth crossing $102 billion in 2012 at a roughly 50% increase from $68 billion in 2010. See our complete analysis of Dell stock here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dell derives nearly 19% of its stock value from service offerings by our estimates, making this business division the second largest value driver for the company. Dell To Offer Cloud Services The cloud services market is expected to continue its rapid growth crossing $102 billion in 2012 at a roughly 50% increase from $68 billion in 2010. We currently estimate that Dell's technology infrastructure outsourcing revenues will increase from $700 million in 2010 to $900 million by the end of our forecast period.
|
f4fd03e8-4592-4f1b-b549-ee1afa5f2300
|
726899.0
|
2011-04-19 00:00:00 UTC
|
IBM Focuses on Smarter Buildings with TRIRIGA Acquisition
|
DELL
|
https://www.nasdaq.com/articles/ibm-focuses-smarter-buildings-tririga-acquisition-2011-04-19
|
nan
|
nan
|
On April 14th, IBM ( IBM ) completed the acquisition of TRIRIGA Inc., a leading provider of facility and real estate management software solutions. The move aims to accelerate IBM's growth in the smarter buildings market by adding advanced intelligence that improves real estate performance, capital project management and the outcomes of sustainability initiatives. This effort is part of its larger Smarter Planet initiative, which we first wrote about in January in a note titled IBM's Smarter Planet Initiatives Lay Groundwork for Growth .
According to the firm:
Many of the systems that constitute a building - heat, water, sewage, electricity and physical assets - are managed independently and often inefficiently. Collecting, managing and analyzing data in buildings provides actionable insight to energy, space and facilities management.
IBM's smarter building offerings, with the addition of TRIRIGA leading workplace management solutions, will provide a comprehensive solution that can help reduce operations and energy expense by monitoring and managing their real-estate expenditures and resources.
We believe TRIRIGA, which will be integrated into IBM Software and IBM Global Business Services, will help boost IBM's middleware software sales which usually is the core platform in all of IBM's Smarter Planet offerings.
We currently have a $186 Trefis price estimate for IBM's stock with middleware software contributing 45% of the value.
See our complete analysis of IBM .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The move aims to accelerate IBM's growth in the smarter buildings market by adding advanced intelligence that improves real estate performance, capital project management and the outcomes of sustainability initiatives. According to the firm: Many of the systems that constitute a building - heat, water, sewage, electricity and physical assets - are managed independently and often inefficiently. IBM's smarter building offerings, with the addition of TRIRIGA leading workplace management solutions, will provide a comprehensive solution that can help reduce operations and energy expense by monitoring and managing their real-estate expenditures and resources.
|
On April 14th, IBM ( IBM ) completed the acquisition of TRIRIGA Inc., a leading provider of facility and real estate management software solutions. IBM's smarter building offerings, with the addition of TRIRIGA leading workplace management solutions, will provide a comprehensive solution that can help reduce operations and energy expense by monitoring and managing their real-estate expenditures and resources. We believe TRIRIGA, which will be integrated into IBM Software and IBM Global Business Services, will help boost IBM's middleware software sales which usually is the core platform in all of IBM's Smarter Planet offerings.
|
On April 14th, IBM ( IBM ) completed the acquisition of TRIRIGA Inc., a leading provider of facility and real estate management software solutions. IBM's smarter building offerings, with the addition of TRIRIGA leading workplace management solutions, will provide a comprehensive solution that can help reduce operations and energy expense by monitoring and managing their real-estate expenditures and resources. We believe TRIRIGA, which will be integrated into IBM Software and IBM Global Business Services, will help boost IBM's middleware software sales which usually is the core platform in all of IBM's Smarter Planet offerings.
|
On April 14th, IBM ( IBM ) completed the acquisition of TRIRIGA Inc., a leading provider of facility and real estate management software solutions. According to the firm: Many of the systems that constitute a building - heat, water, sewage, electricity and physical assets - are managed independently and often inefficiently. We believe TRIRIGA, which will be integrated into IBM Software and IBM Global Business Services, will help boost IBM's middleware software sales which usually is the core platform in all of IBM's Smarter Planet offerings.
|
6742d78c-1f6e-4f64-a145-d44478f54603
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.