Hewlett-Packard Company (NYSE:HPQ) plans to renominate its slate of directors — including activist investor and interim chairman Ralph Whitworth — according to people with knowledge of the matter, seeking stability after years of board turnover. Hewlett-Packard Company (NYSE:HPQ) stock opened at $27.73 in last trading session, and closed at $27.70, trading in the range of $27.27 – $27.77. The stock showed a negative weekly performance of -2.26%.
Sprint Corporation (NYSE:S) was downgraded by Stifel Nicolaus from a “hold” rating to a “sell” rating in a research note issued on Friday, TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call. Sprint Corporation (NYSE:S) shares closed at $9.47 on last trade day, by increasing 0.42%. Stock 52 week range is $5.15 – $11.47. Company’s market capitalization is $37.04 billion.
Equities research analysts at Jefferies Group began coverage on shares of Verizon Communications (NYSE:VZ) in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $55.00 price target on the stock. Verizon Communications Inc. (NYSE:VZ) stock climbed 0.53% and finished the last session at $47.75. The EPS of the stock remained 0.76. Company’s market capitalization is $136.65 billion.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), the world’s biggest contract chip maker, posted a 33.7 percent rise in December sales from a year earlier. Following are details of the sales: DECEMBER Y/Y % YR-TO-DATE Y/Y Sales (T$ bln) 49.68 +33.7 597.02 +17.8 (US$ bln) 1.65. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) stock opened at $16.84 in last trading session and closed at $16.90. The 52 week range of the stock is $15.70 – $20.30 and the day range was $16.82 – $17.01.