All Posts Tagged With: "IP"
(IBM) IBM New Migration Tools Move Clients from Oracle
IBM Corp. (IBM) introduced new migration resources to pace up the process to shift clients using Oracle Corp (ORCL) software to IBM software.
This...
(XRX) Xerox and Cisco Systems Form Partnership
Xerox Corp. (XRX) and Cisco Systems Inc. (CSCO) have recently entered into a partnership that will enable the latter to use and offer the...
(DHI) Home Prices Still Falling
In February, home prices continued to slip, and the declines were widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.23% on a seasonally adjusted basis, and is down 2.60% from a year ago. The broader Composite 20 City index (which includes the cities in the...
(MWV) Mixed Results for MeadWestvaco
MeadWestvaco Corporation (MWV) delivered adjusted EPS of 43 cents in its first quarter of 2011, significantly beating the Zacks Consensus Estimate of 23 cents per share and more than three times the EPS of...
(DHI) U.S. New Home Sales Better – Levels Are Still Bad
New Home Sales in March rose by 11.1% from March, to a rate of 300,000. Relative to a year ago, sales are down 21.9%. While the rebound is more than welcome, it is still a very dismal rate of new home sales.
In additional good news about the direction of new home sales,...
(IBM) International Business Machines Launches Smart Cloud to Boost Cloud Computing
Information Technology giant, International Business Machines Corp. (IBM) is set to boost its cloud computing ambitions with the launch of its new computing service “Smart Cloud”.
Smart...
(DHI) U.S. Home Prices Keep Falling
In January, home prices continued to slip, although the declines were less widespread than in recent months. The Case-Schiller Composite 10 City index (C-10) fell 0.22% on a seasonally adjusted basis, and is down 2.03% from a year ago. The broader Composite 20 City index (which...
(DHI) U.S. Reports Record Low New Home Sales
New Home Sales in February fell by 16.9% from January to a dismal rate of 250,000. Relative to a year ago, sales are down 28.0%. In a very faint silver lining to an otherwise dismal report, the January rate was revised up to 301,000 from 284,000. Thus relative...
(IBM) International Business Machines Strengthens in Asia-Pacific
International Business Machines Corp. (IBM) announced a $38 million investment to build a new IBM Asia-Pacific Cloud Computing Data Center in Singapore to exploit the potential of cloud computing through its...
(IBM) International Business Machines Enhances IT Portfolio
International Business Machines Corp. (IBM) has unveiled a new and improved services portfolio to provide advanced and innovative technological services and solutions for its clients.
IBM’s advanced...
(DHI) U.S. Home Prices Fall Again in December – Case-Schiller
In December, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.36% on a seasonally adjusted basis, and is down 1.22% from a year ago. The broader Composite 20 City index (which includes the cities...
(IT) International Business Machines Announces Cloud Computing Partnerships
A leading provider of information technology (IT), International Business Machines Corp. (IBM) announced new partnerships with leading companies and institutions for providing cloud computing...
(DHI) Economic Update – October 2010 – U.S. Home Prices Still Falling
In October, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.93% on a seasonally adjusted basis and is up just 0.20% from a year ago. The broader Composite 20 City index (which includes the cities...
(DHI) Second Leg of Home Price Declines Underway
In September, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.67% on a seasonally adjusted basis, and is up just 1.52% from a year ago. The broader Composite 20 City index (which includes the cities...
(DHI) October U.S. New Home Sales Still Falling
New Home Sales in October fell by 8.1% from September to a dismal rate of 283,000. Relative to a year ago, sales are down 28.5. It’s not like September was a strong month for new home sales, either — the six lowest months on record (back to 1963)...
(DHI) U.S. November New Home Sales Disappoint
New home sales in November rose by 5.5% from October, but that puts them at a dismal rate of 290,000. The percentage increase is a bit exaggerated as well, since the October numbers were revised down to 275,000 from 283,000. Thus relative to where we thought we were, the increase...
(FDX) FedEx Second Quarter 2011 Quarter Disappoints – Results Hurt by Charges
FedEx Corporation (FDX) reported second quarter of fiscal 2011 financial results that fell below the Zacks Consensus Estimates. Quarterly adjusted EPS of $1.16 was below the Zacks Consensus Estimates of $1.31....
(BX) Stock Market News for October 28, 2010 – Market News
After swinging back and forth for much of the session, stocks closed mostly in the red Wednesday amid concerns that the Fed’s planned purchase of Treasury bonds would not be as heavy and swift as earlier anticipated.
Traders are eagerly awaiting a Federal Reserve...
(AEP) Company News for October 27, 2010 – Corporate Summary
• Procter & Gamble (NYSE:PG) reported fiscal first quarter earnings $0.02 better than expected at $1.02 on a 1.6% revenue gain to $20.1 billion, just below Zacks estimates of $20.2 billion. The company said it sees fiscal 2011 guidance earnings of $3.91 to $4.01
• Whirlpool...
(LEN) July Begins Second Downleg in Housing Prices
In July, home prices started to slip again, but unevenly across the country. The Case-Schiller Composite 10 City index (C-10) rose 0.03% on a seasonally adjusted basis, and is up 4.01% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10)...
(WY) Weyerhaeuser’s Announces 324 Million Share Special Dividend
Weyerhaeuser Co. (WY) announced that it will be issuing approximately 324 million shares as part of its dividend payment to shareholders of record as of July 22. The distribution, based on an average closing...
(EU) International Business Machine Faces Anti-trust Probes
The European Union (EU) has accused International Business Machine Corp. (IBM) of violating anti-trust guidelines and misusing its dominant position in the Mainframe computer market. The European Commission,...
(IP) International Paper Earnings Beat Forecast by a Cent
International Paper Co. (IP) reported first quarter earnings of 4 cents per share, a cent ahead of the Zacks Consensus Estimate. However, the results were down from 24 cents in the prior quarter and 8 cents...
(TSRA) Tessera Technologies Wins Cash – Ups Guidance
After the closing bell on Monday, Tessera Technologies Inc. (TSRA) announced that it had signed a six-year licensing agreement with United Test and Assembly Center Ltd.
While the exact value of the...
(IP) International Paper’s Earnings Beat by 1 Cent
International Paper Co. (IP) reported fourth-quarter EPS of 24 cents, slightly above the Zacks Consensus Estimate of 23 cents and up 14% from EPS of 21 cents reported in the prior-year quarter. Earnings growth...
(MWV) MeadWestvaco Misses Earnings Expectations
MeadWestvaco Corp. (MWV) reported fourth-quarter 2009 results before the opening bell today. The company swung to a GAAP net profit from continuing operations of $51 million from a GAAP net loss of $16 million...
(IBM) IBM Keeps Lead in Most U.S. Patents Granted
International Business Machines Corp. (IBM) announced that it has been granted the highest number of U.S. patents than any other company in 2009.
IBM received 4,914 U.S. patents in 2009, the highest...
(GOOG) Google Potentially Exiting China?
Google Inc. (GOOG) has publicly stated that it is considering pulling out of the fast-growing Chinese market. The statement was made as a result of an investigation over several weeks into China’s Internet...
(WY) Institute for Supply Management’s Manufacturing Index Rises
The Institute for Supply Management’s survey of manufacturing purchasing managers was stronger than expected in December, coming in at 55.9 — up from 53.6 in November and better than the consensus expectations for a rise to 54.3. The ISM index is constructed from 10...
($F) Expect Strong Earnings Growth in 2010 – Earnings Trends
Key Points:
• Earnings Surprise Ratio (#beat/#miss) at 5.286, almost double normal
• Median Earnings Surprise 7.07%, very strong
• Year-over-year Earnings Growth Ratio (# Pos Growth/# Neg Growth) at 0.83