Mizuho Securities Raises Price Target on Hewlett Packard Enterprise (HPE) to $22
- Wall St set to open lower as Meta Platforms, economic data weigh
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
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- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
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Jefferies Cuts Price Target on Hewlett Packard Enterprise (HPE) to $27
November 23, 2016 8:29 AM ESTJefferies reiterated a Buy rating on Hewlett Packard Enterprise (NYSE: HPE), and cut the price target to $27.00 (from $29.00), following the company's 4Q earnings report. Revenue hit $12.5B, below consensus of $12.8B. The revenue shortfall was chiefly driven by Enterprise Group and Enterprise Services. EPS totaled $0.61,... More
Susquehanna Remains Sidelined on Hewlett Packard Enterprise (HPE)
November 23, 2016 7:39 AM ESTSusquehanna reiterated a Neutral rating and $20.00 price target on Hewlett Packard Enterprise (NYSE: HPE) following the company's 4Q earnings report. Susquehanna believes that HPE is poised to increase its focus on growth initiatives within its core Enterprise Group business while being armed with a... More
HP Enterprise (HPE) Margin Improvement Continue; PT Up to $27 - BMO
November 23, 2016 7:07 AM ESTBMO Capital analyst Tim Long reiterated an Outperform rating and boosted his price target on HP Enterprise (NYSE: HPE) to $27.00 (from $26.00) following Q3 results as margin improvement continues.
Long commented, "Results were largely as expected, with revenues in line with our expectation and... More
Hewlett Packard Enterprise (HPE): F1Q Guide Tweaked But F18 Reiterated - Needham
November 23, 2016 6:42 AM ESTNeedham & Company analyst, Richard Kugele, reiterated his Buy rating on shares of HP Enterprise (NYSE: HPE) after an uneventful F4Q report where the company reported an in-line quarter.
IT spending conditions remain mixed, but the expense reductions already put into... More
Options expected to have Increasing volume: DE HPE HPQ AMZN WMT URBN
November 23, 2016 5:08 AM ESTOptions expected to have Increasing volume: DE HPE HPQ AMZN WMT URBN
... MoreStocks with Implied Volatility Movement
November 23, 2016 4:56 AM ESTHewlett Packard Enterprise (NYSE: HPE) implied volatility index movement increasing vs. 30D HV
... MoreAfter-Hours Stock Movers 11/22: (VEEV) (RDUS) Higher; (URBN) (NMBL) (FGP) Lower (more...)
November 22, 2016 6:15 PM ESTToday's After-Hours Stock Movers
Urban Outfitters (NASDAQ: URBN) 10.8% LOWER; reported Q3 EPS of $0.40, $0.04 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $862.5 million versus the consensus estimate of $869.07 million. Comps increased 1%.
Nimble Storage (NYSE: NMBL) 10.2% LOWER; reported Q3 EPS of ($0.18), in-line with the analyst estimate of ($0.18). Revenue for the quarter came in at $102... More
HP Inc forecasts adjusted profit largely below estimates
November 22, 2016 4:19 PM EST(Reuters) - HP Inc (NYSE: HPQ), the legacy printer and PC business of the former Hewlett-Packard Co, forecast a current-quarter adjusted profit largely below analysts' estimates amid waning demand for its printers.
The company's shares were down nearly 2.2 percent after the bell.
HP Inc said it expects... More
Hewlett Packard Enterprise (HPE) Reports In-Line Q4 EPS
November 22, 2016 4:06 PM ESTHewlett Packard Enterprise (NYSE: HPE) reported Q4 EPS of $0.61, in-line with the analyst estimate of $0.61. Revenue for the quarter came in at $12.5 billion versus the consensus estimate of $12.85 billion.
"FY16 was a historic year for Hewlett Packard Enterprise," said Meg Whitman, President and... More
Hewlett Packard (HPE) November weekly 23 straddle priced for movement of 5.2% into Q4
November 22, 2016 2:16 PM ESTHewlett Packard Enterprise (NYSE: HPE) November weekly 23 straddle priced for movement of 5.2% into Q4
... MoreHewlett Packard (HPE) November weekly volatility increases into Q4 and outlook
November 22, 2016 7:47 AM ESTHewlett Packard Enterprise (NYSE: HPE) November weekly call option implied volatility is at 61, December is at 35; compared to its 52-week range of 25 to 54 into the expected release of Q4 results today after the market close.
... MoreTrading Radar 11/22: HP, Inc. (HPQ), Dollar Tree (DLTR), Signet Jewelers (SIG), Barnes & Noble (BKS), Nimble Storage (NMBL) Report
November 21, 2016 2:18 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
American Woodmark (Nasdaq: AMWD) - consensus EPS $1.17
Analog Devices (Nasdaq: ADI) - consensus EPS $0.89
Azure Power (Nasdaq: AZRE) - no Street consensus
Barnes & Noble (NYSE: BKS) - consensus loss $0.34
Burlington Stores (NYSE:... More
Microsoft offers EU hardware, software LinkedIn concessions: sources
November 21, 2016 12:41 PM ESTBy Foo Yun Chee
BRUSSELS (Reuters) - Microsoft (NASDAQ: MSFT) will still allow LinkedIn's (NYSE: LNKD) rivals access to its software and give hardware makers the option of installing other services to try to win EU approval for its takeover of the U.S. firm, people familiar with the matter said.
The U.S. software company submitted its LinkedIn concessions to the European Commission last week after the EU competition enforcer expressed... More
Hewlett Packard Enterprise (HPE): Guidance Could Be Difficult - Wells Fargo
November 21, 2016 7:50 AM ESTWells Fargo analyst, Maynard Um, reiterated his Market Perform rating on shares of HP Enterprise (NYSE: HPE) and expects FQ4 results to be ahead of the Streets expectations for $12.8B/$0.60.
The focus is expected to be on the fundamentals of the core... More