Deutsche Bank Reiterates Buy as Hewlett Packard Enterprise (HPE) Reports In-Line 1Q

5 Reasons To Own Hewlett Packard (HPE) - Wells Fargo

March 4, 2016 10:15 AM EST

Wells Fargo analyst, Maynard Um expects to see margin expansion, and FCF growth after HP Enterprise (NYSE: HPE) reported in line revenue with slighlty better than expected margins. He sees 5 reasons shares will Outperform in the coming year: 1) material recurring profits, 2) revenue stabilization, 3) margin expansion helped by mix/restructuring, 4) potential for year-over-year cash flow improvement, 5) attractive valuation at 7.1x F16E EPS of $1.92.

HPE reported a... More

Pre-Open Stock Movers 03/04: (SUNE) (CKEC) (HPE) Higher; (VTAE) (AMBA) (HRB) Lower (more...)

March 4, 2016 9:48 AM EST

Vitae Pharmaceuticals (NASDAQ: VTAE) 54% LOWER; reported Q4 EPS of ($0.52), $0.10 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $92.09 thousand versus the consensus estimate of $120 thousand.

SunEdison, Inc. (NYSE: SUNE) 17% HIGHER; SunEdison, its holding company SunEdison Holdings Corporation, and TerraForm Power, Inc. (Nasdaq: TERP), an owner and operator of clean energy power plants, announced that they have entered into... More

UPDATE: HP Enterprise (HPE) Seen as Inexpensive; Bernstein Upgrades to 'Outperform'

March 4, 2016 7:58 AM EST

(Updated - March 4, 2016 12:26 PM EST)

Bernstein upgraded HP Enterprise (NYSE: HPE) from Market Perform to Outperform with a price target of $19. Analyst Toni Sacconaghi noted that Q1 results were solid, especially revenue, and he sees shares as "too inexpensive."

"Since we initiated coverage of HPE last year, we have believed that the stock offered very attractive upside potential, but we were fearful that... More

Wall Street pulls off a rare four-day winning streak

March 4, 2016 7:18 AM EST

By Noel Randewich

(Reuters) - Wall Street ended higher on Friday after employment data allayed investors' concerns about a sluggish economy without bolstering fears of an imminent interest rate hike.

It was the first time since October that the S&P 500 has enjoyed a four-session winning streak. And for the first time since early January, the Dow Jones industrial average rose above the 17,000 mark while the S&P 500 ended a fraction below 2,000, levels that some traders see as psychologically important.

The gains followed a report that nonfarm payrolls increased by 242,000 jobs last month. However,... More

After-Hours Stock Movers 03/03: (AVGO) (HPE) (SWHC) Higher; (VTAE) (AMBA) (HRB) Lower (more...)

March 3, 2016 6:09 PM EST

Vitae Pharmaceuticals (NASDAQ: VTAE) 20% LOWER; reported Q4 EPS of ($0.52), $0.10 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $92.09 thousand versus the consensus estimate of $120 thousand.

Broadcom (NASDAQ: AVGO) 7.4% HIGHER; reported Q1 EPS of $2.41, $0.11 better than the analyst estimate of $2.30. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.75 billion.

Ambarella (NASDAQ: AMBA) 6.9% LOWER; reported Q4 EPS of $0.64, $0.16 better than the... More

HP Enterprise's revenue, profit beat estimates

March 3, 2016 4:54 PM EST

(Reuters) - Hewlett Packard Enterprise Co, which houses former Hewlett-Packard Co's corporate hardware and services division, reported better-than-expected quarterly revenue and profit, helped by strength in its hardware business.

Hewlett Packard Enterprise's (HPE) shares were up 6.4 percent at $14.47 in extended trading on Thursday.

Revenue in HPE's enterprise... More

Hewlett Packard Enterprise (HPE) Tops Q1 EPS by 1c, Offers Q2 & FY Guidance

March 3, 2016 4:08 PM EST

Hewlett Packard Enterprise (NYSE: HPE) reported Q1 EPS of $0.41, $0.01 better than the analyst estimate of $0.40. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.68 billion.

GUIDANCE:

Hewlett Packard Enterprise sees Q2 2016 EPS of $0.39-$0.43, versus the... More

Trading Radar for 3/3: Barnes & Noble (BKS), Ciena (CIEN), HP Enterprise (HPE), H&R Block (HRB), Trina Solar (TSL) Report

March 2, 2016 3:00 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 270kContinuing Claims - Street sees 2.258MProductivity: Rev. - Street sees (3.3%)Unit Labor Costs: Rev. - Street sees 4.7%

Earnings:

Ability, Inc. (Nasdaq: ABIL) - consensus EPS $0.09
Agenus (Nasdaq: AGEN) - consensus loss $0.17
Alaska Communications Systems (Nasdaq: ALSK) - consensus loss $0.01
Ameresco (Nasdaq:... More