All Posts Tagged With: "LXK"

(LXK) Lexmark Goes for Dual Acquisition

Lexmark (LXK) dished out $31.5 million for San Francisco-based Twistage and Seattle-based AccessVia in what appears to be an attempt to diversify away from its hardware business. Both acquisitions bring specific cloud capabilities...

26Mar2013 | | Comments Off | Continued

(HPQ) Hewlett-Packard Offers New Solution and Printers

Technology giant Hewlett-Packard Co. (HPQ) is determined to leave no stone unturned in its pursuit of growth. In another attempt to diversify away from its PC-centric business, the company has recently come up with a new business process...

25Feb2013 | | Comments Off | Continued

(LXK) Lexmark International in Neutral Lane

We maintain our long-term Neutral recommendation on Lexmark International Inc. (LXK) based on the company’s weak third quarter 2012 results and deterring fourth quarter guidance. In the third quarter of 2012, LXK’s revenue...

2Jan2013 | | Comments Off | Continued

(HPQ) Hewlett-Packard Projects Dull 2013

Computer maker Hewlett-Packard Company’s (HPQ) CEO Meg Whitman rang an alarm for investors as she announced that fiscal 2013 earnings may be expected to plunge over 10%. The discouraging outlook also included possibilities...

10Oct2012 | | Comments Off | Continued

(LXK) Lexmark International’s Print Release for Statoil

Leading printing and imaging solutions provider Lexmark International Inc. (LXK) has won a 5-year contract worth $20.0 million from renowned oil and gas producer Statoil ASA (STO). The...

9Oct2012 | | Comments Off | Continued

(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 operations to boost company’s...

18Sep2012 | | Comments Off | Continued

(HPQ) Hewlett-Packard Wins Government Deal

The U.S. Government departments have started making fresh investments in technology. A case in point would be a $41.0 million deal win by Hewlett-Packard Company (HPQ) from the State of Minnesota Department of Public Safety (DPS)....

29Aug2012 | | Comments Off | Continued

(HPQ) Hewlett-Packard’s EPS and Revenue Slump in Third Quarter

Hewlett-Packard Company (HPQ) reported third quarter 2012 earnings per share (EPS) of $1.00, beating the Zacks Consensus Estimate by a penny. But revenue and earnings declined considerably compared to the prior year quarter. Shares...

27Aug2012 | | Comments Off | Continued

(LXK) Lexmark International Misses Second Quarter Estimates

Lexmark International Inc. (LXK) has posted second quarter 2012 earnings per share (EPS) of 89 cents, missing the Zacks Consensus Estimate by a penny. The reported EPS also missed the company’s guidance range of 95 cents to $1.05....

13Aug2012 | | Comments Off | Continued

(APKT) Company News for July 16, 2012 – Corporate Summary

•    Acme Packet, Inc. (NASDAQ:APKT) rose 3.6% after the company’s Board authorized a buyback plan of $200 million shares which is expected to continue till July 31,2013 •    Shares of Wells Fargo & Company (NYSE:WFC)...

16Jul2012 | | Comments Off | Continued

(LXK) Lexmark International Signs Five Year Deal with FAA

The leading printing and imaging solutions provider, Lexmark International Inc. (LXK) has won a 5-year contract worth $21.0 million, from the Federal Aviation Administration (FAA). The contract has one base year with four one-year...

26Jun2012 | | Comments Off | Continued

(HPQ) Hewlett-Packard Reports Mixed Second Quarter Numbers

Hewlett-Packard Company (HPQ) reported second quarter 2012 earnings per share (EPS) of 98 cents, beating the Zacks Consensus Estimate of 91 cents. Also, the quarter’s result came above the company’s guidance range of 88...

28May2012 | | Comments Off | Continued

(HPQ) Hewlett-Packard Forays into Patient Care Business

The leading PC manufacturer in the world, Hewlett-Packard Company (HPQ) recently announced that it is venturing into the patient care business. HP has won a contract from the Runnymede Healthcare Centre in Canada, wherein the latter...

5Mar2012 | | Comments Off | Continued

(LXK) Lexmark International Wins 5-Year Managed Printing Services Deal

The leading printing and imaging solutions provider, Lexmark International Inc. (LXK) won a 5-year contract from Anehuser-Busch, a wholly-owned subsidiary of renowned brewer Anheuser-Busch InBev (BUD)....

3Feb2012 | | 0 comments | Continued

(ACIW) Company News for July 27, 2011 – Corporate Summary

•    Ford (NYSE:F) reported Q2 EPS of $0.65, ex-items, exceeding the Zacks Consensus Estimate of $0.60 per share. Revenues from the auto sector rose 16.3% year-over-year to $33.5 billion, beating the Zacks Consensus Estimate of $31.8 billion •   ...

27Jul2011 | | 0 comments | Continued

(LXK) Lexmark International Wins MPS Deal

Leading printing and imaging solutions provider Lexmark International Inc. (LXK) won a 3-year contract from a renowned tire and auto repair company TBC Corporation. Financial terms of the deal were not disclosed. Per the contract...

22Jun2011 | | 0 comments | Continued

(HPQ) Hewlett-Packard Second Quarter Earnings Preview

Hewlett Packard Company (HPQ) 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. Fourth...

30May2011 | | 0 comments | Continued

(XRX) Xerox Stays at Neutral

We reiterate our Neutral recommendation on Xerox Corporation (XRX), which is a leader in the development, manufacture, marketing, servicing and financing of document equipment across the world. Headquartered in Norwalk, Connecticut,...

7May2011 | | 0 comments | Continued

(BA) Company News for April 28, 2011 – Corporate Summary

•    Boeing (NYSE:BA) reported Q1 EPS of $0.78 today, above the Zacks Consensus Estimate of $0.70 per share. Revenues for the quarter fell 2% year-over-year to $14.91 billion, lower than the Zacks Consensus Estimate for $15.487 billion •   ...

28Apr2011 | | 0 comments | Continued

(LXK) Lexmark International Beats The Street on Higher Sales

Lexmark International Inc. (LXK) posted decent fourth quarter 2010 earnings per share of $1.29, surpassing the Zacks Consensus Estimate of $1.11 and its own guidance...

8Feb2011 | | 0 comments | Continued

(LXK) Lexmark International Launches Patent Infringement Legal Battle

Leading printer manufacturer and printing solutions company, Lexmark International Inc. (LXK), recently filed a patent infringement complaint with the U.S. International Trade Commission (ITC) against 24 companies. This legal battle...

27Aug2010 | | 0 comments | Continued

(LXK) Lexmark International Offers Federal Government Solutions

Leading printing and imaging product manufacturer Lexmark International Inc. (LXK) recently announced the formation of a division called Lexmark Government solutions, specially targeted to sell the company’s products to federal government...

21Apr2010 | | 0 comments | Continued

(XRX) Xerox’s Earnings Report Outdoes Estimates

Xerox Corporation (XRX) has posted net income of $221 million or 25 cents per share (before special items) for the fourth quarter of the year. This was higher than the Zacks Consensus Estimate of 22 cents per share. However, net income...

21Jan2010 | | 0 comments | Continued

(HPQ) Status of the Printing Industry

The printing industry has not been doing too well in the recent past, due to the ongoing cost-reduction drive of customers and enterprises as well as environmental concerns. As a result, many of the largest players in the space Incorporatedluding Hewlett-Packard Company (HPQ),...

22Dec2009 | | 0 comments | Continued

($HPQ) Hewlett Packard Company Eyes the Small and Midsize Business Market

Hewlett Packard Company (HPQ) is currently focusing on the small and midsize business (SMB) segment. This has prompted the company to enhance the HP Total Care portfolio, which is expected to enhance the productivity of these companies...

11Nov2009 | | 0 comments | Continued

($LXK) Lexmark International Inc. – Earnings Surprised by 44.44% in the Third Quarter

Lexmark International, Inc. (LXK) recently surprised on estimates for the third time in four quarters. Lexmark is trading at 10.5x forward earnings. Company Description Lexmark manufactures laser printers,...

27Oct2009 | | 0 comments | Continued

(LXK) Lexmark Tops Earnings Estimates – Outlook Positive

Lexmark’s (LXK) third-quarter earnings exceeded the Zacks Consensus Estimate by 20 cents and revenues by 6.7%. Revenues of $958 million increased 6% on a sequential basis, but declined 15.3% compared to the year-ago quarter. Strong customer demand was responsible for the...

20Oct2009 | | 0 comments | Continued

(HPQ) Hewlett-Packard Focuses on Printing

Hewlett-Packard Co. (HPQ) seems to be concentrating more on its printing business recently. In the recent PRINT 09 tradeshow, the company showcased its latest offerings in its Graphics Solutions Business. The company claims, this segment addresses the $115 billion potential global...

14Sep2009 | | 0 comments | Continued

(HPQ) HP Launches New Print Applications

Hewlett-Packard (HPQ) recently said it would launch a new Print App and an App Studio portal for the holiday season to enhance web printing, helping consumers to print customized content without a PC. The print App software is designed to work with HP’s high-end...

10Sep2009 | | 0 comments | Continued

($HPQ) Hewlett-Packard – Metamorphosis of Printers – moving towards a paperless office

Operating conditions for the printing business are getting increasingly challenging. The weakness is driven by both corporate and retail customers who are moving towards a paperless office, in order to reduce the cost of stationery. Research firm IDC projects the number of printed pages worldwide...

7Aug2009 | | 0 comments | Continued