Hewlett-Packard was forced to release results this morning, following the leaking of an internal memo from the CEO. HP reported its second quarter results for 2011 early on Tuesday. Net revenue of $31.6 billion was up 3% from the $30.8 billion in net revenue HP reported during the second quarter last year. The firm reported income of $2.3 billion, up 5% from the same period last year. HP said its results were driven by the commercial sector and that it experienced "uneven consumer performance across its product categories," due to weakened interest in consumer PCs. Despite claims that the company would begin to ship products just "weeks" after being announced, HP has yet to ship its new TouchPad tablet, or Pre 3 smartphone, both of which attracted some consumer attention earlier this year when they were unveiled. Shares Today's strong report from Wal-Mart should help reassure the market about the health of the retail scene. (EMAILWIRE.COM, May 17, 2011 ) NEW YORK, NY - Hewlett-Packard Company (NYSE:HPQ) slid 0.44% to $40.88. The stock has a 52-week range of $37.32-$50.00. The stock has average daily volume of 15.14 million shares. At Today's closing market price, the market capitalization of the company stands at... International Business Machines Corp. introduced new migration resources to pace up the process to shift clients using Oracle Corp software to IBM software. Hewlett Packard Company is scheduled to announce its second quarter 2011 results on May 18, 2011, after the close of market and we don't see much variation in analyst estimates at this point. Apple Inc. received an adverse ruling from the International Trade Commission (ITC) in a patent suit against Eastman Kodak. EMC Corp's Information Intelligence Group (IIG) launched its first mobile user interface for Apple's iPad devices. BMC Software Inc. recently announced that its Mainframe Service Management solutions have been deployed by German insurance company R+V Insurance. We upgrade our recommendation on Polycom to Outperform. The company declared record-high first-quarter 2011 financial results, surpassing the Zacks Consensus Estimates. Hewlett-Packard Company recently clinched a five-year services deal with the Australian Taxation Office. The deal has been valued at $500.0 million. Computer Sciences Corp. recently introduced a new business process service targeted at insurance carriers, enabling them to process workers' compensation insurance easily. Xerox and Cisco have recently entered into a partnership involving cloud computing and other print products and services. We reiterate our Neutral recommendation on Xerox, expecting improvement for the company despite negative effects from the Japan incident. Stratasys Inc. reported first quarter 2011 earnings per share of 20 cents, which outpaced the Zacks Consensus Estimate by 3 cents. We currently have a $55.49 Trefis price estimate for HPQ with infrastructure outsourcing making near Apple Inc. has reportedly updated its iPhone to limit the amount of data stored on the device related to recently visited locations. (EMAILWIRE.COM, May 04, 2011 ) Montréal, Québec - Hototcstocks.info (http://hototcstocks.info a premier source for Top penny stocks research, issues Top stock alert for the following company (NOK, XRX, HPQ, NSM, IBM) Nokia Corporation (ADR) (NYSE:NOK) surged by 0.76% and closed at $9.31 whereas...
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References:
http://www.zacks.com/stock/news/53413/Strength+in+Retail%2C+HP+Reports+Early
http://feedproxy.google.com/~r/TheBoyGeniusReport/~3/D3RmjkBD9c0/
http://www.zacks.com/stock/news/53411/Retail+Strength
http://www.emailwire.com/release/62914-Diversified-Computer-System-Stocks-To-Watch-HPQ-IGT-IBM-TDC-from-BestofOTCcom.html
http://www.zacks.com/stock/news/53380/IBM+Moves+Clients+from+Oracle
http://www.zacks.com/stock/news/53343/Earnings+Preview%3A+Hewlett-Packard+
http://www.zacks.com/stock/news/53260/Apple+Loses+Patent+Lawsuit
http://www.zacks.com/stock/news/53222/EMC%27s+New+User+Interface+for+Apple
http://www.zacks.com/stock/news/53134/BMC+Software+Serves+German+Insurers
http://www.zacks.com/stock/news/53061/Polycom+Upgraded+to+Outperform
http://www.zacks.com/stock/news/53046/HP+to+Serve+Australian+Taxation
http://www.zacks.com/stock/news/52937/New+Insurance+Offerings+from+CSC
http://www.zacks.com/stock/news/52911/Xerox%2C+Cisco+Form+Partnership+
http://www.zacks.com/stock/news/52865/Xerox+Stays+at+Neutral+
http://www.zacks.com/stock/news/52834/Stratasys+Reports+Robust+1Q+
http://blogs.forbes.com/greatspeculations/2011/05/06/feds-head-into-cloud-h-p-heads-to-55/
http://www.zacks.com/stock/news/52725/Apple+Updates+iPhone+Software
http://www.emailwire.com/release/62394-NYSE-High-Volume-Gainers-at-Technology-Sector-Are-NOK-XRX-HPQ-NSM-IBM-Reports-Hototcstocksinfo.html
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