International Business Machines Corp. (NYSE:IBM) announced businesses across the US have ranked IBM the #1 cloud computing provider, according to an IDC survey of US market preferences for infrastructure-as-a-service (IaaS). Enterprises ranked Amazon 7th, behind Google (5th) and Microsoft (6th). The rankings are based on responses from more than 400 US-based companies with more than 1,000 employees. International Business Machines Corp. (NYSE:IBM) net profit margin is 19.10% and weekly performance is -0.13%. On last trading day company shares ended up $190.08. Analysts mean target price for the company is $193.48. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is 0.35%.
SAP AG (ADR) (NYSE:SAP) announced the appointment of Rodolpho Cardenuto as the head of a new Global Partner Operations (GPO) organization, formed in the office of the co-CEO, which will focus on driving Board-sponsored initiatives through strategic SAP partners and accelerating the company’s growth through new and existing sales channels. SAP AG (ADR) (NYSE:SAP) shares fell -0.93% in last trading session and ended the day on $75.65. Gross Margin is 70.30% and its return on assets is 11.90%. SAP AG (ADR) (NYSE:SAP) quarterly performance is -1.36%.
VMware, Inc. (NYSE:VMW), the global leader in virtualization and cloud infrastructure, announced that Carl Eschenbach, VMware’s president and chief operating officer, and Martin Casado, VMware’s chief technology officer, networking business unit, will each appear at the J.P. Morgan Global Technology, Media and Telecom Conference in Boston, MA on Tuesday, May 20th, 2014. VMware, Inc. (NYSE:VMW) shares moved up 0.63% in last trading session and was closed at $93.25, while trading in range of $91.75 – $94.03. VMware, Inc. (NYSE:VMW) year to date (YTD) performance is 3.95%.
Hewlett-Packard Company (NYSE:HPQ) will conduct a live audio webcast of its conference call to review its financial results for the second fiscal quarter ended April 30, 2014. The call is scheduled for Thursday, May 22, at 5 p.m. ET / 2 p.m. PT, and the webcast will be available at www.hp.com/investor/2014Q2Webcast. Hewlett-Packard Company (NYSE:HPQ) ended the last trading day at $32.36. Company weekly volatility is calculated as 1.74% and price to cash ratio as 3.79. Hewlett-Packard Company (NYSE:HPQ) showed a negative weekly performance of -0.40%.
Cisco Systems, Inc. (NASDAQ:CSCO) confirmed that long-time employee and general manager of Cisco’s Internet of Things unit, Guido Jouret, has resigned. Cisco Systems, Inc. (NASDAQ:CSCO) net profit margin is 17.10% and weekly performance is 0.35%. On last trading day company shares ended up $23.02. Analysts mean target price for the company is $23.84. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is 2.86%.
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