Hewlett-Packard (NYSE:HPQ) is seen as an older school technology company that has struggled to maintain its profitability due to declining PC sales. However, HP’s recent results have been pleasantly surprising. Hewlett-Packard Company (NYSE:HPQ) shares after opening at $31.83 moved to $31.93 on last trade day and at the end of the day closed at $31.58. Company price to sales ratio in past twelve months was calculated as 0.53 and price to cash ratio as 3.70. Hewlett-Packard Company (NYSE:HPQ) showed a negative weekly performance of -1.10%.
International Business Machines Corp. (NYSE:IBM) announced that for the fifth consecutive year, IDC ranked the company number one in worldwide market share for enterprise social software. According to IDC’s analysis of 2013 revenue, the worldwide market for enterprise social software applications grew from $968 million in 2012 to $1,242 million in 2013. International Business Machines Corp. (NYSE:IBM) shares fell -0.31% in last trading session and ended the day on $189.63. IBM return on equity ratio is recorded as 98.00% and its return on assets is 15.70%. International Business Machines Corp. (NYSE:IBM) yearly performance is -0.21%.
SAP AG (ADR) (NYSE:SAP) is now offering SAP Business Suite on the SAP HANA Enterprise Cloud service via subscription pricing. According to Dr. Vishal Sikka, member of the Executive Board of SAP AG, Products & Innovation, SAP is not only emphasizing its commitment to the cloud with new subscription offerings for SAP HANA, but also increasing the choice and simplicity for customers to deploy HANA. SAP AG (ADR) (NYSE:SAP) shares moved down -1.49% in last trading session and was closed at $77.88, while trading in range of $77.75 – $78.80. SAP AG (ADR) (NYSE:SAP) year to date (YTD) performance is -10.63%.
Equities research analysts at Jefferies Group decreased their price target on shares of VMware (NYSE:VMW) from $124.00 to $115.00 in a research note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 23.83% from the stock’s previous close. VMware, Inc. (NYSE:VMW) weekly performance is -9.98%. On last trading day company shares ended up $92.87. VMware, Inc. (NYSE:VMW) distance from 50-day simple moving average (SMA50) is -9.54%. Analysts mean target price for the company is $110.60.
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