After the announcement of the much-hyped acquisition of 3Com Corp. (COMS), Hewlett Packard Co. (HPQ) has decided to beef up its education portfolio.   The three new easy-to-manage education solutions are tools for classroom teaching. The first is the HP MultiSeat, which enables a group of students to access a single host computer at the same time, thereby reducing the need to install additional host computers for uninterrupted data access. The second is the HP TeachNow, which helps teachers from non technical back grounds to address students using technology. Finally, HP SchoolCloud enables both students and teachers to access their applications and data from anywhere with the help of the Internet.   The rapid growth of the primary and higher education sector across the world is being driven by the increasing demand for skilled professionals, particularly in developing countries. This is a recession-proof industry and mostly remains ...

A rebounding dollar and persisting worries about the economy kept investors on a wait-and-watch mode and stocks fell broadly as weakness in energy shares, precipitated by reports of flush U.S. reserves, weighed on sentiments.  In a broad based decline, major stock indexes fell about 1% from their 13-month highs. 

The strength in US dollar, based upon its safe-haven appeal, undermined investors' appetites for riskier, high-yielding assets such as equities as upside guidance from DJIA components Wal-Mart and Hewlett-Packard failed to stem the retreat.

The Dow Jones industrial average fell 94 points, or 0.9%, to close at 10,197.47.  The S&P 500 retreated 11 points, or 1%, to close at 1,087.24, after climbing to an intraday high of 1,101.97.  The tech-heavy Nasdaq composite index retreated 18 points, or 0.8%, to settle at 2,149.02.  On the New York Stock Exchange, declining issues outpaced those that advanced in price by a four-to-one margin

...

Nokia Corp. (NOK) yesterday announced its sales and distribution plan for its first netbook called “Booklet 3G". The U.S. retailer Best Buy Co. Inc. (BBY) will sell this netbook (mini laptop) for $299.99 together with AT&T’s (T) 3G data plan of $60 per month for a two-year contract. Also, a carrier-free unsubsidized option will be available for a price of $599. Booklet 3G will be available from mid-November. The pros and cons of Nokia’s new venture are as under:   Pros   (1)   Diversification outside the mobile phone market becomes essential for Nokia. In recent times, the company has lost some ground due to fierce competition. According to Gartner Inc, Nokia’s share has fallen to 45% in the second quarter from 47.5% in the year-ago quarter. Meanwhile, market share of Research In Motion (RIMM) increased to 18.7% from 17.3% in the year-ago quarter and that ...

The leading personal computer maker Hewlett-Packard Co. (HPQ) announced its intention of entering into a technical collaboration with Systems Biology Ireland (SBI) to give a new dimension to life science research, by using mathematics and computers to resolve biological research issues.   This new research initiative taken by SBI will be using HP’s storage technology to study the biological behavior of cells through the use of technical models. Data storage has become an integral part of modern day life science research, so SBI will be deploying the HP StorageWorks 9100 Extreme Data Storage (ExDS9100) system, to make the research process much more efficient.   HP’s ExDS9100 data storage system enables the end customer to manage substantial data, without having to employ any significant datacenter space, thereby reducing cost. SBI is in the process of developing new treatments for ailments like cancer and we believe that its association with ...

Dr Stock Pick HOT News & Alerts!

_________________________________________

FREE Daily Stock Alerts From DrStockPick.com

_________________________________________

Monday September 21, 2009

DrStockPick.com Stock Report!

CSCO, PWRM, CVAT, CSRH, PER, ABT

**************************************************************

CSCO, Cisco Systems, Inc.

CSCO designs, manufactures, and sells Internet Protocol (IP)-based networking and other products to the communications and IT industry worldwide.

Pelco by Schneider Electric, and CSCO today announced a strategic technology agreement to pursue the joint development of new high-definition (HD) Internet Protocol (IP) video security cameras built upon Pelco’s award-winning Sarix(TM) technology platform. The new co-branded video security cameras will bring together Pelco’s leadership in imaging with Cisco’s IP networking expertise to deliver the next generation of high-definition IP video security cameras. These cameras

...

Advanced Micro Devices (AMD) recently announced that the pay cuts it had initiated in January this year would be reinstated in December. Hourly workers had suffered pay cuts of up to 5%, while executives at higher rungs took bigger cuts of up to 20%.

The company expected the job cuts and rationalization of pay to help it deal with recessionary pressures that were hurting its already unprofitable business.

In March, the company signed a deal with an Abu Dhabi state-sponsored financial institution that brought in some cash, enabled it to operate in a fabless model and improved its chances of achieving profitability in the near term.

CEO Dirk Meyer said that the company’s new product lineup and the strengthening economy were the reasons for the increased confidence. He expressed optimism regarding the company’s achieving profitability by year-end.

Some analysts expect the company to benefit from Hewlett Packard Co.’s

...

Despite earlier this week announcing disappointing first-quarter results, Oracle Corp. (Nasdaq: ORCL) says it expects its second quarter will be stronger. However, many analysts are skeptical, as the company’s attempted takeover of Sun Microsystems Inc. (Nasdaq: JAVA) has not gone as smoothly as planned.

Oracle reported revenue for the three months ended Aug. 31 fell 5%, to $5.05 billion. Analysts were expecting $5.2 billion of sales.

Net income rose 4% to $1.1 billion, or 22 cents a share, by Generally Accepted Accounting Principles (GAAP), but the company leaned heavily on support contracts and cost cutting to maintain profitability. The world’s second-largest software maker blamed the drop on declining overseas sales and a stronger U.S. dollar.

“Oracle’s results were impacted by the reduced value of foreign currencies when compared to U.S. dollars, reducing Q1 GAAP earnings by $0.02 per share,” the company said. “Without this impact, Oracle’s Q1

...

For Immediate Release

Chicago, IL – September 16, 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 Co. (HPQ), Dell Inc. (DELL), Sasol Ltd. (SSL), AT&T (T) and Centennial Communications (CYCL).

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:

HP: Notebook Follows Printers

Hewlett Packard Co. (HPQ) has now taken up the task of enhancing its notebook product line. The company has come up with new advanced gadgets in this segment.

Technology research firm IDC projects that the light-weight notebook market is expected to grow in

...

After revamping its printing segment by offering new products, technology and a strategic partnership with Toshiba for selling its laser jet printers, Hewlett Packard Co. (HPQ) has now taken up the task of enhancing its notebook product line. The company has come up with new advanced gadgets in this segment.  The most notable product in this segment is what the company claims to be the world's slimmest full performance notebook PC along with a slim consumer notebook, expected to strike an optimum balance between enhanced performance, mobility and price. The products, christened HP ProBook 5310m and HP Pavilion dm3, are expected to cater to the same segment as the affordable HP Pavilion dv2 series did in the first half of 2009.  Now coming to product specifications, HP ProBook 5310m will mainly cater to the corporate segment, being specially designed for professionals. With this new notebook, the mobile ...

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 market opportunity for digital color printing. So this segment offers enough business opportunity for the company.   The company also highlighted technology, products and industry relationships in the Graphics Solutions Business like, HP T300 Color Inkjet Web Press, a 30 inch wide, color inkjet printing device and the new ColorPRO Technology, which is used in the HP T300 Color Inkjet Web Press and HP Designjet printers. The company declared the introduction of HP Indigo W7200 Digital Press, a liquid electrophotographic printing (LEP) solution for offset quality digital press printing.   Hewlett-Packard also disclosed a new alliance with the leading document management company, Pitney Bowes which will help ...