Stocks HP Inc

More

  • I don’t want to make too much of this, but it was a pretty good day for stocks, considering all the negative stuff the markets had to deal with. Consider:

  • Hewlett-Packard's headquarters in Palo Alto, California.

    Talk about a busy couple of days for HP: yesterday, news begins trickling out that a $13 billion deal between HP and Electronic Data Systems. Shares are halted, speculation begins, a statement from HP confirms the talks, the deal is announced this morning, investors wonder whether IBM will face competition in its bread-and-butter business, and oh yeah, HP also pre-releases earnings.

  • HP Headquarters

    There's been lots of speculation about why HP is willing to shell out nearly $14 billion for EDS when that company's shares have flat-lined recently. Why spend a 30 percent premium on an also-ran player in services and technology outsourcing?

  • Stocks declined Tuesday as investors juggled a mixed bag of news: Retail sales outside of the hard-hit auto sector showed suprising resilience, while a well-known analyst cut her outlook for big banks. Wal-Mart skidded after the discount giant posted decent results but issued a tepid outlook.

  • Want to know how frustrated Hewlett-Packard spacer shareholders are today? Here's a couple stats: Market cap yesterday: $123 b Today: $107 b Loss: $16 b.

  • The news on HP's acquisition of EDS has the stocks trading at enormous volumes.

  • Three points about today’s trading: 1) financials again down on weak earnings from European banks; 2) Bulls hoping that strengthening dollar would lead to a decline in commodity prices are again having a hard time; and 3) All those people arguing that the EDS/Hewlett deal would be a big challenge to IBM are missing the point.

  • Stocks declined Tuesday as investors juggled a mixed bag of news: Retail sales outside of the hard-hit auto sector showed suprising resilience, while a well-known analyst cut her outlook for big banks. Wal-Mart skidded after the discount giant posted decent results but issued a tepid outlook.

  • Hewlett Packard

    Hewlett-Packard has struck a deal to buy Electronic Data Systems for $12.6 billion, seeking to boost its technology services business to better compete against market leader IBM.

  • Stronger retail sales than expected (ex-auto up 0.5 percent, the best showing since November) has caused an 8-point pop in futures. Elsewhere: 1) Hewlett-Packard's $12.6 b deal for Electronic Data systems ($25.00 a share) is a direct challenge to IBM.

  • Whether consumers are willing to open their wallets is a big theme for Tuesday's markets. First, Wal-mart's quarterly earnings will be reported in the wee hours of Tuesday morning.

  • graphic_word_ofthe_street.jpg

    Stocks got off to a good start Monday with the Dow making triple digit gains for the week. What's the "Word on the Street?"

  • Stocks started the week off higher, led by financials and technology stocks. RIMM and MBIA rose, while HP declined.

  • HP.jpg

    Hewlett-Packard, the world's largest personal-computer maker, is close to a deal to buy technology outsourcing company Electronic Data Systems for $12 billion to $13 billion, a source told Reuters.

  • BT Group is in talks to sell its British data centers to the U.S. computer firm Hewlett-Packardfor 1.5 billion pounds ($2.93 billion), the Sunday Times reported.

  • graphic_final_trade.jpg

    Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!

  • Wall Street is increasingly worried that bubbling over oil prices will scald the economy and the stock market. That's just one concern for traders in the week ahead which also has inflation data, retail sales and housing numbers. There are also earnings reports, TV networks' upfronts for advertisers, and plenty of Fed, Fed, Fed.

  • Earnings season draws to a close next week with Wal-Mart and Hewlett-Packard the remaining Dow Components still left to report. Is there a last minute earnings trade here?

  • Earnings from McDermott, Wal-Mart, Deere and Hewlett-Packard should present some unique buying opportunities, Cramer says.

  • Back in 1957, Disneyland opened up a Jetsons-esque "Home of the Future" featuring all sorts of far-out gadgets like microwaves (!) and giant TVs (!). Some of them became realities in every American home. Others, like the floating furniture, well... Now, Disney is taking a whole new approach to the idea. I got a sneak peak at Disneyland's "Innoventions Dream Home," which opens in Tomorrowland on June 16.