The first major high-tech Silicon Valley firm was founded in Palo Alto in 1939 by William Hewlett and David Packard, notes Harry Domash, editor of Dividend Detective.
Their company split into two separate firms in November 2015. HP Inc. (HPQ) retained the slow growth computer and printer businesses, while Hewlett Packard Enterprise Company (HPE), took over the sexy networking, security....More>>>
The U.S. stock market extended its rally Tuesday, with the Dow jumping by triple-digits and the Nasdaq closing above 6,000 for the first time ever, as investors welcomed upbeat earnings and the possibility of corporate tax cuts.
The QNX saga continues. I didn’t plan on publishing another BlackBerry (BBRY) article so soon; but I didn’t expect five year old news to be the new line of attack from short-sellers either. BlackBerry shorts are now playing up GMs move to android powered infotainment systems from Harman (which was known as early as 2012), as being the final nail in the coffin for BlackBerrys role in....More>>>
Procter & Gamble (PG) gave up its early gains and was trading lower Tuesday, despite reporting better-than-expected third-quarter earnings.
P&G said it earned 86 cents a share on revenue of $15.76 billion, while analysts were expected 82 cents a share on $15.82 billion. Its guidance for the fourth quarter and full year were in-line with expectations....More>>>
Every year we see a number of movies designed for the purpose of wining Oscars. Part of the problem with that approach is that while a big awards win can often be worth its weight in gold to studios, investors would prefer actual cash.
Fox (NASDAQ:FOXA) may have solved part of that problem with its new film Hidden Figures and its not just the studio that could....More>>>
The US dollar is bid against all the major and most emerging market currencies. An important driver is the backing up of US rates. The two-year yield, which is particularly sensitive to Fed policy is at its highest level since early June (~86 bp). The US 10-year yield is five basis points higher today at 1.77%, which is the highest in four months.
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Fitch Ratings said Monday it would maintain a stable rating outlook for US equity REITs in 2017, thanks in part to the consistency with which the sector has adopted and maintained credit-friendly....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins