43.25 +0.31 (0.72%)
Pre-market: 7:34AM EST
|Bid||43.16 x 100|
|Ask||43.20 x 100|
|Day's range||42.75 - 43.56|
|52-week range||30.36 - 45.13|
|PE ratio (TTM)||N/A|
|Earnings date||16 May 2018|
|Forward dividend & yield||1.16 (2.63%)|
|1y target est||48.22|
FRANKFURT/HONG KONG (Reuters) - China's Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime position to lead the global race for next-generation 5G networks despite U.S. allegations it poses a security threat. Huawei's dominant position in China - set to become the world's biggest 5G market by far - is well-documented. Deals to start building 5G networks are still largely a year away, but Huawei has signed 25 Memorandums of Understanding (MoUs) with telecom operators to trial 5G equipment, a Reuters review of company reports and announcements found.
FRANKFURT/HONG KONG, Feb 23 (Reuters) - China's Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime position to lead the global race for next-generation 5G networks despite U.S. allegations it poses a security threat. Huawei's dominant position in China - set to become the world's biggest 5G market by far - is well-documented.
HPE said it would return $7 billion to shareholders through 2019, including a bigger stock buyback and 50% dividend hike.
A new US tax law was passed in late 2017, reducing the corporate tax rate from a lofty 35% to 21%, and encouraging American companies to repatriate profits at a 15.5% tax. Future profits will not be subject to repatriation tax. This news is particularly good for tech giants that were hoarding huge amounts of cash abroad to avoid being taxed 35% on repatriation.
CA Technologies’ (CA) Enterprise Solutions segment is showing strong growth momentum, driven by the acquisitions of Automic and Veracode. The launch of new products and strong investments in IT (information technology) around the globe have resulted in double-digit growth. The segment’s revenue, which accounts for 40% of the company’s total revenue, grew 18.5% YoY (year-over-year) to $461 million in fiscal 3Q18.
ALPS Advisors is the asset-management arm of ALPS Funds Services and oversees a portfolio of about $14 billion in equities. According to S&P Capital IQ, that sector accounts for about 73% of the portfolio, but ALPS made some interesting investment moves in the fourth quarter outside of master limited partnerships. ALPS boosted its holdings of General Electric (GE) in the quarter and exited relatively substantial positions in General Motors (GM), Cisco Systems (CSCO), DowDuPont (DWDP) and Eli Lilly (LLY).
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Risk of losing market share, when coupled with highly negative margins, unsustainable cash burn, and a soaring stock price mean this firm lands in the Danger Zone.
Findings show 39 percent of organizations are reliant on automation, 34 percent are reliant on machine learning, 32 percent are highly reliant on AI SAN JOSE, Calif., Feb. 21, 2018 (GLOBE NEWSWIRE) -- ...