Editor’s Note: Related tickers: Cisco Systems, Inc. (NASDAQ:CSCO), Hewlett-Packard Company (NYSE:HPQ), International Business Machines Corp. (NYSE:IBM), Xerox Corporation (NYSE:XRX)
Why Weakness at Cisco Systems May Hurt These Top Tech Stocks Soon (247WallSt)
Despite the fact that Cisco Systems, Inc. (NASDAQ:CSCO) actually reported revenues in line with street expectations last week, the network giant guided fiscal first quarter 2014 below the consensus of $12.45 billion. Management was cautious in guidance even after a the book-to-bill ratio was over 1. Given Cisco’s tempered outlook, more cautious tone and heightened expectations throughout the supply chain (with valuations to match), the technology analysts at Oppenheimer look for semiconductor and component suppliers aligned with Cisco to trade lower.
Can HP, Xerox Stay Hot? (Barrons)
Once mangy mutts, Hewlett-Packard Company (NYSE:HPQ) and Xerox now resemble show dogs, hardly acting like companies in long-term decline. In the past year, Hewlett-Packard (ticker: HPQ) has returned 35% and Xerox Corporation (NYSE:XRX) 40%, versus 19% for the Standard & Poor’s 500 index. Both companies have also beaten Wall Street’s earnings-per-share forecasts of late, and remaining estimates have nudged higher by a penny here and there.
IBM Patents System for Preserving E-mail Messages, Seeks Patent on Cloud Computing Tactics to Improve Business Efficiency (DailyPolitical)
International Business Machines Corp. (NYSE:IBM), usually referred to as IBM, is a major developer of technological infrastructure and computer systems for organizations. The company has been making strong gains, having just been awarded its largest governmental contract for cloud computing services, $1 billion from the U.S. Department of the Interior. The recently announced acquisition of Israeli cybersecurity firm Trusteer for approximately $800 million will increase the company’s operations in hacking and digital fraud prevention. Today in IPWatchdog’s Companies We Follow series, we return to profile this American multinational corporation headquartered in Armonk, NY. A few patent applications filed with the U.S. Patent & Trademark Office show IBM’s interests in improving online shopping experiences.
How Cisco achieved 281% ROI with social listening and Salesforce Radian6 (TheGuardian)
A new report from Nucleus Research shows the return on investment Cisco Systems, Inc. (NASDAQ:CSCO) achieved by standardising its social listening on Salesforce Radian6, the industry-leading social-listening application within the Salesforce Marketing Cloud. The company, including its marketing leaders, is eager to share its vision and how other companies can learn from it. Using Salesforce Radian6, Cisco Systems, Inc. (NASDAQ:CSCO) increased productivity and profits with a consistent and scalable way to manage, understand, and act on social conversations, achieving a 281% return on investment in less than one year.
Hewlett-Packard Company (NYSE:HPQ) Isn’t The Best Option for Investors With Short Term Interests (BasicsMedia)
Hewlett-Packard Company (NYSE:HPQ) is a well known brand in the world of technologies, IT products, software and system solutions. HP has come a long way from the days when it was mostly known for manufacturing photocopiers and printers. It has now branched into other sectors to produce goods and services which are critical for companies, and major institutions all over the world. The challenge it faces right now is to remain profitable and reward its investors for investing in its stock. Can it do that after posting severe losses in 2012?
Big Blue has the blues (CNBC)
International Business Machines Corp. Hits New 52-Week Low at $184.07 (IBM) (Zolmax)
International Business Machines Corp. (NYSE:IBM) set a new 52-week low during trading hours on Monday, StockRatingsNetwork.com reports. The company traded as low as $184.07 and last traded at $184.27, with a volume of 2,218,831 shares. The stock had previously closed at $185.34. Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of International Business Machines Corp.
Cisco Systems (CSCO) Has a Layoff Strategy (Jilard)
The Chief Executive Officer (CEO) of Cisco Systems, Inc. (NASDAQ:CSCO) has announced that his company has set up planned layoffs for four thousand employees. The date of the layoffs, or dates, has not been provided yet. John Chambers, the CEO and the man who makes final decisions for this organization, said that there is “method to this madness.” The layoffs, according to Mr. Chambers, will free up resources (money) for Cicso Systems’ growing segments and for future acquisitions, as well.
Hewlett-Packard Price Target Increased to $27.00 by Analysts at RBC Capital (HPQ) (DailyPolitical)
Equities research analysts at RBC Capital hoisted their price objective on shares of Hewlett-Packard Company (NYSE:HPQ) from $25.00 to $27.00 in a research note issued to investors on Monday, American Banking and Market News reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price would suggest a potential upside of 4.33% from the stock’s previous close. Hewlett-Packard (NYSE:HPQ) traded down 2.04% during mid-day trading on Monday, hitting $25.88. The stock had a trading volume of 11,789,019 shares. Hewlett-Packard has a 52 week low of $11.35 and a 52 week high of $27.78.
IBM Becomes First Company Certified Under APEC Cross-Border Data Rules (BNA)
International Business Machines Corp. (NYSE:IBM) has become the first company to be certified under the Asia-Pacific Economic Cooperation (APEC) Cross-Border Privacy Rules (CBPR) System, the information technology and services giant announced in an Aug. 12 statement. The CBPR System is designed to protect the privacy of consumer data moving between the United States and other APEC member economies by requiring companies to develop their own internal business rules on cross-border privacy procedures.
