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NVIDIA's Computex press event will likely represent big news for PC gamers. The GPU maker has posted a teaser on its GeForce YouTube channel hinting that "something super is coming." The brief clip only shows an embossed metal "super" logo, but that's enough to suggest that it could represent one or more souped-up graphics cards. A rumor from RedGamingTech maintains that NVIDIA will implement faster 16Gbps memory (up from 14Gbps) in its GeForce RTX line.
Profit, excluding some items, will be $1.62 a share to $1.72 a share in fiscal 2019, an increase of 6 cents per share from the company’s guidance announced in February. Shares, which had jumped almost 5% in extended trading on the forecast, gave back all of the gains when executives said on a conference call that the trade war between the U.S. and China had caused uncertainty for the company. Chief Executive Officer Antonio Neri is trying to make the company a key hardware vendor for big-data needs, seeking to take advantage of technology trends from artificial intelligence to the internet of things.
The enterprise hardware maker mixed results for its fiscal second-quarter. Why one Wall Street analyst thinks it’s time for the company to consider an acquisition.
Check out the companies making headlines after the bell:Shares of HP Inc. HPQ rose more than 1% in extended trading after the software company reported second-quarter earnings that beat expectations. The company reported earnings of 53 cents per share on revenue of $14.
Rexnord Corp. said Thursday that it has expanded the size of its board of directors to 11 with the addition of Peggy Troy, president and CEO of Children's Hospital and Health System, and Rosemary Schooler, corporate vice president, global data center sales, for Intel Corp.
Hewlett Packard Enterprise (NYSE:HPE) reported its latest quarterly earnings results late today, bringing in sales that fell, as well as an earnings guidance for the fiscal year that is higher than it was before, yet HPE stock took a hit after the bell Thursday afternoon.Source: Hewlett-Packard EnterpriseThe San Jose, Calif.-based IT business announced that for its second quarter of the fiscal 2019, it brought in net income of $419 million, or 30 cents per share. The company's sales tallied up to $7.15 billion, falling 4.5% from the $7.47 billion it amassed during the same period in its fiscal 2018.After taking away a number of items including "transformation costs" and other charges, Hewlett Packard Enterprise said it brought in earnings of 42 cents per share, which is 10 cents higher than the 32 cents per share it raked in during its second quarter of its fiscal 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company added that it increased its forecast for its fiscal 2019 as it now sees its adjusted earnings coming in somewhere in the range of $1.62 per share to $1.72 per share. Hewlett Packard Enterprise had previously revealed that it called for adjusted earnings in the range of $1.56 to $1.66 per share.HPE stock is sliding roughly 0.4% after the bell Thursday following the company's quarterly earnings results, which were mixed despite a strong earnings guidance for the fiscal year. Shares had been sliding roughly 2.7% during regular trading hours for Hewlett Packard Enterprise today. More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 7 Stocks to Buy for Over 20% Upside Potential * 6 Stocks to Buy for This Decade's Massive Megatrend Compare Brokers The post Hewlett Packard Enterprise Earnings: HPE Stock Dips as Q2 Sales Slide appeared first on InvestorPlace.
HP (HPQ) delivered earnings and revenue surprises of 3.92% and -0.20%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
HP Enterprise (HPE) delivered earnings and revenue surprises of 16.67% and -3.94%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Investing to "buy and hold" is trickier than it looks. The increasing pace of technological change means even the most successful, dominant companies have to continually adapt to keep up. Industries like energy, real estate and even consumer products are facing potentially significant long-term changes going forward. In any era, amassing a collection of retirement stocks simply by buying the best companies and holding them for years can be a risky endeavor.General Motors (GM) was a classic "widows and orphans" stock until last decade, when GM wound up going bankrupt. United States Steel (X) once was a pillar of corporate America and a buy-and-hold stock. GM shares basically haven't moved in a quarter of a century. Polaroid and Eastman Kodak were once blue-chip stocks. Both went bankrupt as cameras changed from film to digital.But there still are stocks to buy and hold out there that can last forever, while offering dividend income along the way.Here are ten such retirement stocks to hold forever. SEE ALSO FROM KIPLINGER: 19 Best Retirement Stocks to Buy
FEATURE (HPQ) (ticker: HPQ) shares are gaining ground in after-hours trading Thursday on better-than-expected financial results for the PC and printer company’s fiscal second quarter ended April 30.
HP Inc (NYSE:HPQ) reported its quarterly earnings results late today, bringing in a profit that came in ahead of what analysts called for, while the company increased its earnings outlook for the full year, playing a role in lifting HPQ stock after hours Thursday.Source: HP The Palo Alto, Calif.-based business said that for its second quarter of the fiscal 2019, it posted adjusted earnings of 53 cents per share, marking a 10.4% gain when compared to the same period a year ago. This figure was stronger than what analysts called for in the Wall Street consensus estimate.On an unadjusted basis, HP Inc's net income did decline to $782 million, or 51 cents per share, from the $1.1 billion, or 64 cents per share it amassed during the same period a year ago. The company's net revenue was flat year-over-year as it came in at $14 billion for the three-month period, yet it topped what Wall Street called for by a slim margin.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"We delivered solid Q2 financial results, with strong non-GAAP EPS growing double-digits and coming in at the high end of our outlook," Dion Weisler, HP's CEO said. "We continue to strike the right balance between driving results today and investing in innovation to deliver long term financial performance."HPQ stock is surging roughly 3% after the bell on Thursday following the company's strong quarterly earnings showing. Shares were unmoved during regular trading. More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 7 Stocks to Buy for Over 20% Upside Potential * 6 Stocks to Buy for This Decade's Massive Megatrend Compare Brokers The post HP Inc Earnings: HPQ Stock Is Up as Q2 Earnings Top Expectations appeared first on InvestorPlace.
were rising Thursday after the close after the company beat earnings and revenue estimates. Earnings per share for the company's second quarter of 2019 came in at an adjusted 53 cents, beating Wall Street's estimates of 51 cents, and falling 20% year-over-year. Personal Systems Group revenues, the company's largest segment, came in at $8.92 billion, short of estimates of $8.98 billion.
Intuit (NASDAQ:INTC) reported its quarterly earnings results late today, bringing in a profit and sales that came in ahead of what analysts called for in the Wall Street consensus estimate.The Mountain View, Calif.-based business and financial software business said that for its third quarter of the current fiscal year, it posted net income of $1.38 billion, which tallied up to $5.22 per share. This marked a 16% increase over the $1.19 billion, or $4.53 per share it posted during the same period in its fiscal 2018.On an adjusted basis, Intuit brought in a profit of $5.55 per share, which was stronger than the Wall Street consensus estimate of $5.40 per share, according to a survey of analysts conducted by FactSet. Revenue tallied up to $3.27 billion, which marked an increase of 12.4% when compared to its third quarter of the previous fiscal year, when it amassed sales of $2.91 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWall Street said it saw the business bringing in revenue of $3.23 billion, according to a survey of analysts compiled by FactSet. For its fiscal 2019, Intuit said it calls for adjusted earnings in the range of $6.67 to $6.69 per share on sales of $6.74 billion to $6.76 billion.Analysts are calling for a fourth-quarter loss of 16 cents per share, as well as earnings of $6.54 per share for the fiscal year on sales of $6.66 billion.INTC stock fluctuated between increasing and decreasing after hours Thursday following the company's quarterly earnings results, ultimately remaining flat in the afternoon despite results that topped Wall Street's expectations. Shares had been gaining 1.2% during regular trading hours. More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 7 Stocks to Buy for Over 20% Upside Potential * 6 Stocks to Buy for This Decade's Massive Megatrend Compare Brokers The post Intuit Earnings: INTC Stock Unmoved on Earnings, Revenue Beat appeared first on InvestorPlace.
On a per-share basis, the Palo Alto, California-based company said it had net income of 51 cents. Earnings, adjusted for one-time gains and costs, were 53 cents per share. The results topped Wall Street ...
HP Inc. shares rose 3.6% in the extended session Thursday after the computer maker met earnings expectations and brought in more revenue than the consensus estimates. The company reported fiscal second-quarter net income of $782 million, or 51 cents a share, compared with $1.06 billion, or 64 cents a share, in the year-ago period. Adjusted for items such as acquisition-related charges and tax adjustments, among other things, earnings were 53 cents a share. Revenue rose 0.2% to $14 billion. Analysts surveyed by FactSet had estimated adjusted earnings of 51 cents a share on revenue of $13.95 billion. For the fiscal third quarter, analysts model adjusted earnings of 55 cents a share and sales of $14.68 billion. The company said it expects adjusted fiscal third-quarter earnings of 53 cents to 56 cents a share and full-year adjusted earnings of $2.04 to $2.11 a share. HP stock has fallen 12% in the past year, with the S&P 500 index rising 4.5%.
Hewlett Packard Enterprise Co. shares gained in after-hours trading Thursday following an earnings report that showed growth in adjusted earnings and boosted the company's full-year outlook for profit. HPE reported fiscal second-quarter net income of $419 million, or 30 cents a share, on sales of $7.15 billion, down from $7.47 billion a year ago. After stripping away "transformation costs" and other charges, the company claimed earnings of 42 cents a share, up from 32 cents a share a year ago. HPE also raised its full-year forecast for adjusted earnings, to a range of $1.62 to $1.72 a share from a previously stated $1.56 to $1.66 a share. After closing down 2.5% at $14.34, shares gained more than 3% in immediate late trading after the report was released.
The San Jose, California-based company said it had profit of 30 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and amortization costs, came to 42 cents per share. The ...
Ensco Rowan (ESV) puts an end to regular quarterly cash dividend payout. This move may minimize the debt level and improve its balance sheet.
Let's look at what investors should expect from some of the more notable tech companies still left to report: Veeva Systems Inc. (VEEV), Workday, Inc. (WDAY), and Palo Alto Networks, Inc. (PANW).