For the third quarter, Cisco Systems, Inc. (NASDAQ:CSCO) delivered $0.51 adjusted earnings per share on $11.5 billion revenue. Analysts polled by Thomson Reuters estimated for the company to post $0.48 adjusted earnings per share on $11.36 billion. According to the largest manufacturer of computer-networking equipment, its gross margin during the three months period increased to 62.7% from 53.3% in the previous quarter. It is higher than the 61% to 62% guidance. Cisco Systems, Inc. (NASDAQ:CSCO) net profit margin is 17.10% and weekly performance is -0.26%. On last trading day company shares ended up $22.81. Analysts mean target price for the company is $23.84. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is 1.53%.
One of the leading producers of software applications, Oracle Corporation (NYSE:ORCL) has emerged into a savior for various grappling companies. Oracle has launched a range of solutions and applications to monitor the business growth and cater to the growing needs of the companies. Oracle Corporation (NYSE:ORCL) shares fell -0.02% in last trading session and ended the day on $41.88. ORCL gross Margin is 81.90% and its return on assets is 13.10%.Oracle Corporation (NYSE:ORCL) quarterly performance is 10.33%.
Hewlett Packard (NYSE:HP) is stepping on cloud with a well-drafted track and a range of products and services under a new brand HP Helion, which is basically a portfolio comprising cloud products and services aimed at helping enterprises in building, managing and consuming workloads at a hybrid IT environment. Hewlett-Packard Company (NYSE:HPQ) shares moved down -0.93% in last trading session and was closed at $32.97, while trading in range of $32.90 – $33.34. Hewlett-Packard Company (NYSE:HPQ) year to date (YTD) performance is 18.38%.
Intel Corporation (NASDAQ:INTC) is packing away employees in its marketing division, prior to the arrival of its new chief marketing officer, Steven Fund. Intel Corporation (NASDAQ:INTC) ended the last trading day at $26.33. Company weekly volatility is calculated as 0.87% and price to cash ratio as 6.88.Intel Corporation (NASDAQ:INTC) showed a negative weekly performance of -0.15%.
Lenovo Group Limited (OTCMKTS:LNVGY), the largest PC supplier, has launched two new products that are intended for business users the ThinkPad 10 and ThinkStation P300. The ThinkPad 10 is a 10-inch multimode business tablet and the P300 is an entry-level workstation. On last trading day company shares ended up $22.29.