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(EMC) EMC Acquires Watch4Net

EMC Corp. (EMC) is on an acquisition spree. Recently, the leading storage vendor announced the acquisition of Montreal based privately-held Watch4Net Solutions Inc. in an all cash transaction. Just a...

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(MRVL) Marvell Technology Group Sees Growth Prospects

Ace integrated silicon circuit maker Marvell Technology Group Ltd. (MRVL) seems upbeat after delivering strong quarterly results in mid-May. There have been a number of developments over the past few...

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(XLK) Stock Market News for June 8, 2012 – Market News

Fed Chairman Ben Bernanke once again dashed hopes of further economic stimulus and an early rally faded to leave the Dow only slightly higher, while the S&P 500 and Nasdaq closed in the red....

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(CA) CA Technologies Survey Reports Cloud Service Provider Optimism

In the latest survey conducted by CA Technologies (CA), the North American cloud service providers (CSPs) surveyed revealed that around half of their customers were opting for private cloud services,...

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(MSFT) Microsoft Enters Crowded Tablet Market

Microsoft Corp. (MSFT) has stepped into the intensely competitive tablet market with the launch of its Windows 8-based tablet named “Surface.” This segment is already crowded with tablet makers such as...

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(LOW) G-8, Greece and Facebook Stay in Headlines

The weekend G-8 summit’s supposed commitment to keep Greece within the Euro-zone may not amount to much in the absence of a favorable outcome from that country’s fresh elections next month. But media...

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(GOOG) Google Ventures into Tablet Market

Google Inc. (GOOG) announced its much-awaited debut into the tablet segment with the launch of its $199 tablet computer, Nexus 7. The move appears to be a direct challenge to Amazon.com Inc. (AMZN),...

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(IT) Gartner Report Shows PC Market Continues to Melt

U.S. technology research firm Gartner Inc. (IT) recently announced that worldwide PC unit shipments declined 0.1% year over year to 87.5 million units in the second quarter of fiscal 2012. Shipments...

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(EMC) Earnings Preview: EMC Corporation

EMC Corp (EMC) is scheduled to release its fiscal second quarter 2012 results before the opening bell on July 24, 2012. In the run up to the earnings release we do not notice any significant estimates...

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(INTC) Intel’s Outlook Overshadows Second Quarter

Intel Corp (INTC) reported first quarter earnings of 56 cents per share that beat the Zacks Consensus Estimate by 4 cents. The nearly-8% surprise was more or less in line with the 8%+ average in the...

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(GLW) Corning Reports In-Line With Expectations

Corning’s (GLW) second quarter 2012 earnings were in line with the Zacks Consensus Estimate. This was better than the Zacks Expected Surprise Prediction (ESP) of -3.13% and worse than the positive...

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(AAPL) Apple Set to Buy AuthenTec

Apple Inc. (AAPL) recently announced its intention to acquire Melbourne, Florida-based mobile and network security provider AuthenTec Inc. (AUTH) for approximately $356.0 million in cash. According to...

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(XLK) Stock Market News for July 26, 2012 – Market News

Dismal earnings from tech bellwether Apple on one hand and strong results from Caterpillar and Boeing on the other kept the markets confused about a definite and uniform direction. The Nasdaq could not...

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(IBM) IBM to Buy Texas Memory Systems

To strengthen its storage capabilities and expand its product portfolio in the solid state device (“SSD”) storage solutions segment, IBM Corp. (IBM) is set to acquire Texas Memory Systems, a...

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(XLK) Stock Market News for August 22, 2012 – Market News

Markets lost out on their initial gains and the S&P 500 dropped from its four-year high as investors chose to book profits on Tuesday. Markets had rallied in the first hour lifted by hopes of the...

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(PETM) The Investor’s Guide to Cloud Computing

When I started in IT in the mid 1980s, all computer applications ran on the mainframe – a large computer that was efficient and well-managed. I recall watching “in horror” in the late 1980s and early...

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(CRM) Salesforce.com Earnings Preview

Salesforce.com Inc. (CRM) is scheduled to announce its second quarter 2013 results on August 23, 2012, after the closing bell. We see limited movement in analyst estimates over the past 30 days. First...

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(DELL) Dell Reports Mediocre Second Quarter

Dell Inc. (DELL) delivered earnings of 50 cents per share in the second quarter of 2013, exceeding the Zacks Consensus Estimate of 45 cents. Following the earnings release, the company’s share price...

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(XLK) Stock Market News for August 28, 2012 – Market News

Markets struggled to find a definite course in the absence of news yesterday and investors struggled to decide on their course of action. Eventually, volumes remained at the lowest level for the year....

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(HPQ) Hewlett-Packard Unveils PCs with Windows 8

The world’s largest PC-maker Hewlett-Packard Co. (HPQ) is planning to arouse consumer interest with three new PCs (one hybrid and two Ultrabooks) this holiday season. Apart from some stunning features,...

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(PMI) Stock Market News for September 5, 2012 – Market News

A report suggesting contraction in US manufacturing activity took a toll on investor sentiment and benchmarks ended mostly lower on Tuesday. While markets looked en route for a bigger fall,...

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(HPQ) H-P Introduces Four Multi-Touch PCs

After announcing three new PCs just a week back, the world’s largest PC-maker Hewlett-Packard Co. (HPQ) is planning to heat up the market with four multi-touch PCs. The new all-in-one (central...

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(HPQ) Hewlett-Packard Company Layoff Projection Rises by 2,000

Hewlett-Packard Company (HPQ) is moving inline with the global downsizing trend and announced its plans to retrench an additional 2000 employees to save costs. CEO Meg Whitman has been restructuring...

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(COO) T-Mobile Appoints New CEO

T-Mobile USA – the fourth largest telecom carrier in the U.S. – recently appointed John Legere as Chief Executive Officer, effective this month. John Legere will succeed the interim CEO Jim Alling, who...

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(ACN) Accenture Wins Airedale Deal

After winning a deal from the Brazilian communication service provider Oi, Accenture Plc. (ACN) has now entered into a three-year agreement with the Airedale NHS Foundation Trust. Accenture will...

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(DELL) Dell Closes Quest Acquisition

Dell Inc. (DELL) recently closed the acquisition of Quest Software for $2.4 billion or $28 a share. The process of buying this company was initiated in July 2012, when Dell edged out its competitors...

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(AMD) Advanced Micro Devices Sees Things Look Bleak For Post Third Quarter

Advanced Micro Devices (AMD) reported third quarter loss of 20 cents a share, missing the Zacks Consensus Estimate by 4 cents.Shares slid 5.4% during the day and another 3.3% in extended trading hours....

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(DELL) Find Sensational Profits Within This Boring Sector

Sexy usually sells. But sexy doesn’t always win… For instance, with the start of another football season, fans will track the exploits of their favorite quarterbacks, running backs and receivers. But...

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(ONNN) OnSemi’s New Devices for PCIe

On Semiconductor (ONNN) has recently launched an array of products such as differential clock and data, switches and protection devices that will support Peripheral Component Interconnect Express...

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(PHM) Stock Market News for October 18, 2012 – Market News

Benchmarks closed in the green yesterday propelled by better-than-expected housing data. This was the third-consecutive trading day that the markets secured a seat in the positive zone. However,...

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(XLB) Stock Market News for November 5, 2012 – Market News

Better-than-expected payrolls data failed to save benchmarks from ending in the red on Friday as investors remained apprehensive ahead of the U.S. presidential election. The blue-chip index fell as...

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(DELL) Gale Technologies Acquired by Dell

After its third quarter results and fourth quarter outlook drove its stock toward a three-year low, Dell Inc. (DELL) announced its sixth acquisition of the year. The acquisition of privately-held Gale...

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(XLE) Stock Market News for November 19, 2012 – Market News

Markets finally finished in the green on Friday after Congressional leaders hinted that the “fiscal cliff” meeting with President Barack Obama had gone well. Benchmarks have taken a battering ever...

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(XLK) Stock Market News for November 16, 2012 – Market News

A number of mixed earnings reports from U.S. retailers and investor apprehensions ahead of Friday’s fiscal cliff negotiations at the White House left the benchmarks languishing in the red. Meanwhile,...

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(AAPL) Stock Market News for November 26, 2012 – Market News

Benchmarks rallied on Black Friday propelled by encouraging economic reports from China and Germany. Volumes were at their lowest this year, owing to a holiday-shortened trading session. U.S. stocks...

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(AAPL) Will Apple Rebound in 2013?

On September 10 we warned that Apple (Nasdaq: AAPL) investors may be wise to take profits. We received our share of angry phone calls and emails, but stuck with our opinion. Now that Apple is down 23%...

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(IBM) International Business Machines Shares Reiterated at Neutral

We reiterate our Neutral recommendation on International Business Machines Corp. (IBM) primarily due to its sluggish top-line performance over the last two quarters. Moreover, tepid g cheap generic...

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(XLK) Stock Market News for January 3, 2013 – Market News

Lawmakers managed to seal a last-minute deal on the Fiscal Cliff issue, giving benchmarks a reason to kick off the New Year with a strong rally. The bullish sentiment helped the S&P 500 register...

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(DELL) Dell’s New Device for Accessing Data

Dell Inc. (DELL) has come up with a new solution that is expected to take cloud client computing to a new high. This particular technology from the computer maker will help end users to manage...

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(DELL) Dell Closer to Buyout

Amid all the negative outcomes of macro uncertainty and the PC market slowdown, the recent talk of the town seems to be the leveraged buyout (LBO) of the world’s third largest PC maker Dell Inc....

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(WMT) Earnings Enter the Final Stretch – Earnings Preview

We still have plenty of Q4 earnings reports to come, but the bulk of the earnings season is now behind us, with results from 395 S&P 500 companies already out, as of Friday, February 15. Please...

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(WMT) Earnings Enter the Final Stretch – Earnings Preview

We still have plenty of Q4 earnings reports to come, but the bulk of the earnings season is now behind us, with results from 395 S&P 500 companies already out, as of Friday, February 15. Please...

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(HPQ) Hewlett-Packard Seals a Deal with Teradyne

Hewlett-Packard Co. (HPQ) recently announced to have sealed a deal with automatic test equipment manufacturer Teradyne Inc. (TER) for an undisclosed sum. Per the deal terms, Teradyne will deploy a host...

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(HPQ) Hewlett-Packard Focuses on Analytics Business

After strengthening its position in the personal computing, server and cloud computing segments, HP Enterprise Management & Analytics, a division of Hewlett-Packard Company (HPQ), has recently...

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(ACN) Accenture Gets Trinity Health Order

Accenture plc (ACN) recently secured an order from Trinity Health for its Unified Clinical Organization (UCO) model designed to improve care co-ordination and patient outcomes.. In accordance with the...

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(DELL) DELL Downgraded to Strong Sell

On Apr 4, 2013, Zacks Investment Research downgraded Dell Inc. (DELL) to a Zacks Rank #5 (Strong Sell). Why the Downgrade? Dell has witnessed some downward estimate revisions after posting mediocre...

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(CRUS) What’s Going on with Tech Earnings?

Today’s negative pre-announcement from Cirrus Logic (CRUS) adds to the cloudy outlook for Apple (AAPL). In many ways, Apple’s problems are very company-specific: a function of competitors are finally...

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(HPQ) Hewlett-Packard’s Bond with Asian Airlines Grows

Hewlett-Packard Co. (HPQ) recently announced that its Enterprise Services unit will provide information technology (IT) support to a Chinese aviation technology provider TravelSky Technology Ltd....

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(DELL) Dell Finalizes Icahn’s Stake

The board of Dell Inc. (DELL) has fixed the ownership stake of Carl Icahn and his associate entities to not more than 10.0% of the company’s shares. This deal also covers shareholders other than Ichan,...

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(DELL) Dell Posts Bleak First Quarter Earnings

Dell Inc. (DELL) delivered first-quarter 2014 earnings of 21 cents per share, way below the Zacks Consensus Estimate of 34 cents. Revenues The company reported revenues of $14.1 billion in the reported...

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