International Business Machines Corp. (NYSE:IBM)‘s stock had its “market perform” rating restated by investment analysts at Wells Fargo & Co. in a note issued to investors on Wednesday, American Banking News.com reports. International Business Machines Corp. (NYSE:IBM) stock opened at $181.25 in last trading session, and closed at $179.64, trading in the range of $179.64 – $182.81. The stock showed a negative weekly performance of -4.83%.
Oracle Corporation (NYSE:ORCL) upgraded to buy from hold at Deutsche Bank. Oracle Corporation (NYSE:ORCL) shares closed at $37.11 on last trade day, by losing -2.73%. Stock 52 week range is $29.86 – $38.77. Company’s market capitalization is $166.90 billion.
Hewlett-Packard Company (NYSE:HPQ) was falling 2.15% to $28.74 on Friday despite the fact that Qualcomm purchased a patent portfolio from HP, including those of its iPaq smartphone, for an unknown price. Hewlett-Packard Company (NYSE:HPQ) stock decreased -3.00% and finished the last session at $28.49. The EPS of the stock remained 2.63. Company’s market capitalization is $54.38 billion.
SAP A.G. (ADR) (NYSE:SAP) was downgraded from Buy to Hold at a firm called Berenberg. Argus lowered earnings estimates, but maintained a Buy rating and $99 price target (versus a $79.65 close). SAP AG (ADR) (NYSE:SAP) stock opened at $78.58 in last trading session and closed at $77.47. The 52 week range of the stock is $69.71 – $87.42 and the day range was $77.25 – $78.70.
VMware, Inc. (NYSE:VMW) announced a $1.54 billion deal to buy closely held AirWatch, the big software company’s first major move to exploit the mobile device boom. VMware, Inc. (NYSE:VMW) stock decreased -2.82% and finished the last session at $94.94. The EPS of the stock remained 2.04. Company’s market capitalization is $40.92 billion.