Hewlett-Packard Company (NYSE:HPQ) confirmed channel reports that the company has reorganized its U.S. sales force into three separate geographies instead of a single geography in a move to streamline its sales and channel activities. Hewlett-Packard Company (NYSE:HPQ) net profit margin is 4.70% and weekly performance is 3.58%. On last trading day company shares ended up $33.28. Analysts mean target price for the company is $33.98. Hewlett-Packard Company (NYSE:HPQ) distance from 50-day simple moving average (SMA50) is 4.86%.
STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will webcast live its 2014 Investors & Analysts meeting from New York, USA, on Thursday, May 15, from 9:00 am to 1:00 pm EDT (3:00 pm – 7:00 pm CET). STMicroelectronics NV (ADR) (NYSE:STM) shares advanced 0.10% in last trading session and ended the day on $9.73. STM gross Margin is 32.70% and its return on assets is -5.60%.STMicroelectronics NV (ADR) (NYSE:STM) quarterly performance is 16.67%.
Mitsubishi Electric Corp. (ADR) (OTCMKTS:MIELY) is strengthening its factory-automation (FA) equipment business by acquiring Setsuyo Astec Corp., a company involved in sales and supply of factory automation equipment, low- and high-voltage power distribution equipment, visual information equipment, and semiconductors and electronic components. Mitsubishi Electric Corporation (ADR) (OTCMKTS:MIELY) shares moved up 0.69% in last trading session and was closed at $23.47, while trading in range of $23.40 – $23.49.
Japan’s Hitachi Ltd(ADR) (OTCMKTS:HTHIY) said that the group net profit surged 51.1% in the full year to March, thanks to improved sales in information systems and its social infrastructure business. Net profit soared to 264.98 billion yen ($2.60 billion), the electronics and machinery maker said. Operating profit rose 26.3% to 532.81 billion yen on sales of 9.62 trillion yen, a rise of 6.4% from a year earlier. Hitachi, Ltd. (ADR) (OTCMKTS:HTHIY) ended the last trading day at $69.56.
Industrial goods manufacturer Siemens AG (NYSE:SI) reported relatively modest second-quarter fiscal 2014 results with net income of €1,153 million ($1,579.8 million) or €1.32 per share ($1.81), up from €1,030 million ($1,411.3 million) or €1.18 per share ($1.62) in the year-earlier quarter. Siemens AG (ADR) (NYSE:SI) ended the last trading day at $136.18. Company weekly volatility is calculated as 0.78% and price to cash ratio as 6.76.Siemens AG (ADR) (NYSE:SI) showed a positive weekly performance of 4.21%.