Declaration on Hit List: Hewlett-Packard Company (NYSE:HPQ), Seagate Technology Public Limited Company (NASDAQ:STX), Dana Holding Corporation (NYSE:DAN)

April 26, 2023 4:09 am0 commentsViews: 59

Hewlett-Packard Company (NYSE:HPQ) [Trend Analysis] released that a High Performance Computing, or HPC coalition with Intel Corp. (INTC) to assist enlarge accessibility of the Computing association to enterprises of all sizes. With the alliance, the company expects to rapidly expand beyond governments and academia to enterprises of all sizes that want to accelerate the pace of big data analytics and business insight. On the other consideration, Hewlett-Packard Company (NYSE:HPQ) begun last trade with a price of $30.94 and throughout the trading session climbed at $30.98. The day-trade ended with a gain of 0.29% to close at $30.74.

Computer storage device maker, Seagate Technology Public Limited Company (NASDAQ:STX) reported on Monday that it cut its views for Q4 revenue and gross margin, citing lesser than anticipated intra-quarter demand. The revised revenue views is below analysts’ expects. Seagate predicts to release Q4 unit shipments of around 45M, maintaining a market share of about 40 percent and reflecting about 52 exabytes. The company will report its financial results for the fourth quarter and year-end 2015 before the market opens on Friday, July 31, 2015. In a separate statement, Seagate said it is extending its relationship with International Business Machines Corp. (IBM) for high performance computing storage. Shares of Seagate Technology Public Limited Company (NASDAQ:STX) opened at $45.24 with 317.38 million outstanding shares and hit to its highest price of $46.88 during the day and finally closed at $46.28 by scoring 0.72%. In the whole session, it traded on volume of 8.82 Million shares, which turned higher than its average volume.

Powertrain components supplier, Dana Holding Corporation (NYSE:DAN) released that its BOD has hired James Kamsickas as the new president and CEO of the company, effective August 11, 2015. He will also serve as a director of Dana. Kamsickas will succeed Roger Wood, who has informed the Board in mid-January of his aims to leave in April 2016, following five years of leadership at Dana. Wood will continue as a member of the company’s board of directors through a transition period. Kamsickas has more than 25 years of global automotive and business experience. He has held the same position at global automotive supplier International Automotive Components (IAC) Group since 2012, after serving as CEO and President, North America and Asia, since 2007, when the company was established. Dana Holding Corporation (NYSE:DAN) stock hit highest price at $20.21, beginning with a price of $19.84 to close at 20.19 by a gain of 2.85% with a day range of $19.76-$20.21. The total market capitalization remained 3.29 Billion, total volume of 1.28 Million shares held in the session was surprisingly higher than its average volume of 1602.22 shares.


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