There’s been a lot of talk over the past few months about where Apple (NASDAQ:AAPL) may or may not expand its manufacturing footprint. President Trump would naturally like it if Apple brought some manufacturing jobs back home, despite the massive cost increases that would come along with such a move. But Apple has long faced challenges with expanding sales in India in part due to a government requirement that requires 30% of a product to be locally sourced in order to open single-branded retail stores.
Following reports that the Mac maker was considering moving forward with having one of its contract manufacturing partners set up shop in India, The Wall Street Journal says the initiative is almost a go.
iPhone 7 Plus, which is not expected to be made in India. Image source: Apple.
Just a couple months away
Taiwanese contract manufacturer Wistron is reportedly in the final stages of moving forward with opening an iPhone manufacturing facility that will produce the iPhone 6, iPhone 6s, and iPhone SE. iPhone 6 and 6s production could commence in as little as four to six weeks, while the iPhone SE is scheduled to start being produced in roughly three months.
Top Safest Stocks For 2018: HP Inc.(HPQ)
- [By Tim Brugger]
HP (NYSE:HPQ) enjoyed nearly unanimous positive industry reviews surrounding its slew of new or upgraded devices released at the recent Consumer Electronics Show (CES). While the multiple devices wowed at CES, it could be argued that HP’s approach to product sales, as much as the products themselves, is what’s driving its success in the PC market. Taking that a step further, the same tack HP so clearly exhibited at CES should turn its printing fortunes around as well.
- [By Peter Graham]
The Q4 2016 earnings report for small cap 3D printer stock ExOne Co (NASDAQ: XONE) is scheduled for after the marketcloses onThursday (March 16th). 3D printer stocks had their day in the sun a fewyears ago, buthave been disappointing investors eversincethe 3Dbubble burst whileHP Inc (NYSE: HPQ) entering the printer market with its Jet Fusion 3D adds further headwinds. However,3D printershares appear to have stabilized as the short interest has largely been cleared out.
- [By Chris Lange]
HP Inc.’s (NYSE: HPQ) latest quarterly earnings report is expected on Wednesday. The consensus estimates are calling for a $0.39 in earnings per share (EPS) and $11.88 billion in revenue. Shares closed trading most recently at $19.00, in a 52-week range of $11.40 to $19.49. The consensus price target is $18.79.
- [By Chris Lange]
HP Inc. (NYSE: HPQ) reported fiscal second-quarter financial results after markets closed Wednesday. The company said that it had $0.40 in earnings per share (EPS) and $12.39 billion in revenue, versus consensus estimates from Thomson Reuters that called for $0.39 in EPS and $11.88 billion in revenue. The same period from last year had $0.41 in EPS and $11.59 billion in revenue.
- [By Brian Mathews]
Originally part of the Hewlett-Packard giant, HP Inc. (NYSE: HPQ) split into two companies: HP Inc. and HP Enterprises. HP Inc. is the company that sells personal computers and printers. Although the demand for PCs has been sluggish over the last year, analysts expect sales to stabilize. However, the biggest growth factor for HPQ is that its split from HP Enterprises has increased its financial flexibility to pursue higher ROI projects that should drive further innovation. Another potential blockbuster opportunity for HPQ is its penetration into the 3D printing market. Although this industry is still in the pioneering stages, HPQ could use this as an opportunity to stake market share. With increased financial flexibility after the breakup, the projection for HPQ is $16 a share in the upcoming year.
- [By Anders Bylund]
Shares of HP Inc. (NYSE:HPQ) rose 15.4% in February 2017, according to data from S&P Global Market Intelligence.
The big jump came late in the month. HP reported first-quarter 2017 results on Feb. 22, leaving Wall Street’s estimates far behind despite modest revenue growth and flat earnings. Investors chose to ignore a gloomy slate of second-quarter guidance targets, and share prices soared as much as 10% higher the next day.
Top Safest Stocks For 2018: VIVUS, Inc.(VVUS)
- [By Keith Speights]
Arena is out of the obesity drug business, but what about Orexigen Therapeutics (NASDAQ:OREX) or VIVUS (NASDAQ:VVUS)? The problem is that they’re both too dependent on their respective obesity drugs, Contrave and Qsymia. Neither of the drugs have performed up to expectations.
- [By Peter Graham]
A long term chart shows Arena Pharmaceuticals along with its small capobesitytreatmentpeers EnteroMedics Inc (NASDAQ: ETRM), Orexigen Therapeutics, Inc (NASDAQ: OREX) and VIVUS, Inc (NASDAQ: VVUS) all causing severe weight loss for investor portfolios:
Top Safest Stocks For 2018: CNH Industrial N.V.(CNHI)
- [By Ben Levisohn]
I wrote bullishly about Deere (DE) back in December, and since then the stock has done…not much, gaining 4.8% to the S&P 500′s 4.1% rise. So I’ve tried to stay on top of the stock, both the bullish calls and the bearish ones–and today, I have another bear to add to the list. That would be JPMorgan’s Ann Duignan, who reiterated her Underweight rating on Deere today, as well as CNH Industrial (CNHI) and Agco (AGCO). She explains why:
Top Safest Stocks For 2018: Pharmerica Corporation(PMC)
- [By Monica Gerson]
PharMerica Corporation (NYSE: PMC) is estimated to report its quarterly earnings at $0.43 per share on revenue of $509.45 million.
United States Cellular Corp (NYSE: USM) is projected to report its quarterly earnings at $0.26 per share on revenue of $975.54 million.
Top Safest Stocks For 2018: Express Scripts Holding Company(ESRX)
- [By Lisa Levin]
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Analysts are expecting Discovery Communications Inc. (NASDAQ: DISCA) to have earned $0.47 per share on revenue of $1.69 billion in the latest quarter. Discovery Communications shares rose 0.17 percent to $29.08 in after-hours trading. Analysts expect T-Mobile US Inc (NASDAQ: TMUS) to report
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Express Scripts Holding Co. (NASDAQ: ESRX) which traded down 11% at $59.98. The stocks 52-week range is $57.80 to $80.02. Volume was 35.4 million versus the daily average of 4.4 million shares.