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Zacks Analyst Blog Highlights: Hewlett Packard Company, 3Com Corporation, Cisco Systems Inc., Wal-Mart Stores Inc. and GlaxoSmithKline, plc – Press Releases

Zacks Market Commentaries (November 13th, 2009) Writes:

For Immediate Release

Chicago, IL – November 13, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Hewlett Packard Company (HPQ), 3Com Corporation (COMS), Cisco Systems Inc. (CSCO), Wal-Mart Stores Inc. (WMT) and GlaxoSmithKline, plc (GSK).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

Hewlett-Packard to Acquire 3Com

Hewlett Packard Company (HPQ) is planning to take over networking gear maker 3Com Corporation (COMS). The acquisition, valued at $2.7 billion, enables HP to challenge networking leader Cisco Systems Inc. (CSCO) on its own turf.

HP’s

...

Hewlett-Packard to Acquire 3Com – Analyst Blog

Zacks Market Commentaries (November 12th, 2009) Writes:
Hewlett Packard Company (HPQ) is planning to take over networking gear maker 3Com Corporation (COMS). The acquisition, valued at $2.7 billion, enables HP to challenge networking leader Cisco Systems Inc. (CSCO) on its own turf. HP’s current networking products, sold under the ProCurve brand, generate around $1 billion in annual sales (less than 1% of the company’s total revenue). The product line lacks competitive data center switches, which makes it hard to take market share from well-entrenched Cisco. 3Com's expertise is in networking products for data centers, which supports HP's ProCurve networking equipment. Although the company has seen better times, it has been beefing up its portfolio by utilizing its design capabilities in low-cost China. The company is, therefore, in a position to compete aggressively on price. 3Com’s challenges include its poor brand value in American and European markets and its weak position in ...

Zacks Analyst Blog Highlights: Southern Copper Corporation, Logitech International, Cisco Systems Inc., Microsoft Corp. and Koninklijke Philips Electronics NV – Press Releases

Zacks Market Commentaries (November 12th, 2009) Writes:

For Immediate Release

Chicago, IL – November 12, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Southern Copper Corporation (PCU), Logitech International (LOGI), Cisco Systems Inc. (CSCO), Microsoft Corp. (MSFT) and Koninklijke Philips Electronics NV (PHG).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s Analyst Blog:

Southern Copper’s Earnings Jump

Southern Copper Corporation (PCU), one of the leading copper producers in the world, posted net earnings of 37 cents in the third quarter of 2009, better than the Zacks Consensus Estimate of 31 cents. Earnings jumped 78.6% from 21

...

Logitech Acquires LifeSize – Analyst Blog

Zacks Market Commentaries (November 11th, 2009) Writes:

Logitech International (LOGI) announced that it has agreed to acquire privately held LifeSize Communications of Austin, Texas for $405 million in cash. LifeSize is a global leader in high definition (HD) video communication solutions, with more than 9,000 video conferencing customers across 80 countries in large enterprises, small-to-medium businesses (SMBs) and public healthcare, education and government organizations.   The acquisition will enable Logitech to extend its leadership in video communication beyond the desktop.

Logitech and LifeSize plan to pursue existing and new relationships with unified communications, collaboration and VoIP industry partners and competitors to drive the development of an open eco-system for interoperable video communication.

LifeSize expects approximately $90 million in revenues in CY 2009, with CY 2010 revenues expected to grow between 40% and 60%. Logitech expects the acquisition to be neutral to slightly positive to its operating income (excluding acquisition-related charges) in FY 2011, ending March 31, 2011, and

...

Sun’s Earnings Beat, Sales Lag – Analyst Blog

Zacks Market Commentaries (November 9th, 2009) Writes:
Sun Microsystems, Inc. (JAVA) reported results for the first quarter of fiscal 2010 in an SEC filing. Lower operating expenses and higher gross margin helped the company lower its first quarter GAAP loss to $120 million, or 16 cents per share from a loss of $1.68 billion or $2.24 per share reported in the year-ago period and beating the Zacks Consensus estimate of a loss of 23 cents per share.  Earnings on a non-GAAP basis (excluding one-time items) rose to 2 cents per share in the quarter from a net loss of 8 cents per share in the year-ago period. Gross margin improved to 43.4% from 40.2% a year ago. Operating expenses were down 62.3% year over year, as a result of which operating margin improved to -4.5% from -55.2% in the year-ago quarter.  However, total revenue fell 25% to $2.24 billion, with both Products and ...

Job Cuts at Sun Micro – Analyst Blog

Zacks Market Commentaries (October 22nd, 2009) Writes:
In a filing with the SEC, Sun Microsystems Inc. (JAVA) announced to cut its headcount by 3,000 or 10% over the next 12 months, given the delay in getting European Commission clearance for its merger with Oracle Corp. (ORCL).  Sun said that the job cuts will affect all of the company’s major regions, including North America, Europe, Asia and emerging markets. The company expects to incur $75 – $125 million in restructuring charges over the next several quarters. The company said it will record the majority of the charges in the second and third quarters of fiscal 2010.  Oracle, the largest software company, had proposed the acquisition of Sun Microsystems for $7.4 billion ($9.50 a share), which has been slowed by an ongoing antitrust review in Europe and the company is still waiting for clearance by the European Commission.  The delay in approval from the ...

JNPR, PWRM, FISV, CSRH, CSCO, CVAT, HON, AQNM, HAL, DrStockPick.com Stock Report!

Dr. Stock Pick (October 13th, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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Tuesday October 13, 2009

DrStockPick.com Stock Report!

JNPR, PWRM, FISV, CSRH, CSCO, CVAT, HON, AQNM, HAL

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JNPR, Juniper Networks, Inc.

JNPR is the leader in high-performance networking. JNPR offers a high-performance network infrastructure that creates a responsive and trusted environment for accelerating the deployment of services and applications over a single network.

CANARIE Inc., Canada’s advanced research and innovation network, has implemented JNPR’s MX Series Ethernet Services Routers into its national network. This deployment will allow CANARIE’s 39,000 researchers at almost 200 universities in Canada, and their colleagues around the world, to exchange and analyze large volumes of information more quickly, driving innovation

...
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Dell to Market Salesforce Software – Analyst Blog

Zacks Market Commentaries (October 12th, 2009) Writes:
Dell Inc. (DELL) has recently made an announcement, that it will promote the Salesforce.com (CRM) software products to its customers in the United States , which will help Salesforce to access Dell’s small and medium sized (SMB) corporate customer base.  This is in line with Salesforce’s recent strategy to increase its SMB customer base. Under this agreement, Dell will be selling Salesforce software and at the same time, integrating it with its customers’ existing software. Around $9 billion of management software are sold in a single year, which is expected to be one of the fastest growing sectors in technology.  As per a recent forecast by Gartner, web based sales of management software is expected to jump from $1.9 billion in 2008 to around $4 billion in 2013. We believe that this is good news for both Dell as well as Salesforce, since Dell is trying ...

JLL Reasserts Alliance with Cisco – Analyst Blog

Zacks Market Commentaries (October 9th, 2009) Writes:
Jones Lang LaSalle Inc. (JLL), a leading real estate investment trust (REIT), recently reasserted its strategic alliance with Cisco Systems, Inc. (CSCO), a premier global Internet networking services company, and further extended it for five years. The mutually beneficial partnership encompasses transaction management, lease administration, and surplus property management services of the 24 million square feet global portfolio of Cisco. The deal strengthens Jones Lang’s position in the market and offers it an expanded role in the operations of Cisco. Jones Lang had been delivering real estate services to Cisco since 2001. The company offered an established global platform, resources, and expertise that enabled Cisco’s Workplace Resources Group to attain operational excellence. The Real Estate and Workplace Resources Group of Cisco is responsible for construction and development worldwide as well as facility and security operations. Jones Lang is a leading full-service real estate firm that ...

Zacks Analyst Blog Highlights: Salesforce.com, Cisco Systems Inc., Microsoft, Oracle and Google – Press Releases

Zacks Market Commentaries (October 7th, 2009) Writes:

For Immediate Release

Chicago, IL – October 7, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Salesforce.com (CRM), Cisco Systems Inc. (CSCO), Microsoft (MSFT), Oracle (ORCL) and Google (GOOG).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s Analyst Blog:

Salesforce Partners with Cisco

At a recent press release, cloud computing company Salesforce.com (CRM) disclosed that it will, along with Cisco Systems Inc. (CSCO), be delivering a complete contact center in the cloud. The Customer Interaction Cloud, formed by Cisco and Salesforce.com, will use the newly introduced service

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