On Thursday, Hewlett-Packard Company (NYSE:HPQ) reported a better- than-expected quarter thanks to growing momentum in its enterprise computing group and a surprising sales rise in its personal computers unit. Revenue from the company’s software, enterprise services and printing groups continued to decline. Hewlett-Packard Company (NYSE:HPQ) stock opened at $30.62 in last trading session, and closed at $29.79, trading in the range of $ 29.50 – $30.71. The stock showed a negative weekly performance of -0.13%.
BlackRock Inc.-backed Sunedison Inc (NYSE:SUNE) and a renewable developer partially owned by Electricite de France SA’s clean-energy unit were among the biggest winners in India’s first national auction of solar permits since 2012. SunEdison and World Bank-backed Azure Power India Pvt. won 100 megawatts of photovoltaic capacity each, according to bidding results. ACME Solar Energy Ltd., 25 percent-owned by EDF Energies Nouvelles, took at least 80 megawatts. A total of 750 megawatts was up for grabs. Sunedison Inc (NYSE:SUNE) shares closed at $16.54 on last trade day, by gaining 1.04%. Stock 52 week range is $3.95 – $16.60. Company’s market capitalization is $4.41 billion.
Marvell Technology Group (NASDAQ:MRVL) announced its earnings results on Thursday. The company reported $0.29 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.25 by $0.04, American Banking News reports. The company had revenue of $931.70 million for the quarter, compared to the consensus estimate of $901.13 million. Marvell Technology Group updated its Q1 guidance to $0.20-0.24 EPS. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock decreased -3.26% and finished the last session at $15.60. The EPS of the stock remained 0.53. Company’s market capitalization is $7.67 billion.
Itching for a Tegra-powered gaming device, but insist on a slate with LTE support? You’re in luck: NVIDIA Corporation (NASDAQ:NVDA) is building a tablet just for you. Company announced the Tegra Note 7 LTE, a $299 variant of its existing Note 7 tablet equipped with (you guessed it) a cellular radio — its own i500 LTE chip, to be precise. The new radio promises to support “popular carriers across the world,” specifically citing bands compatible with AT&T, Verizon and T-Mobile in the US and carriers like O2, Vodafone and Orange in Europe. NVIDIA Corporation (NASDAQ:NVDA) stock opened at $18.75 in last trading session and closed at $18.64. The 52 week range of the stock is $12.04 – $18.99 and the day range was $18.52 – $18.99.
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