Hewlett-Packard Tech Used By DreamWorks Animation and 2 Other Dow Movers to Watch
Hewlett-Packard Co. (NYSE:HPQ): Current price $26.21
On Wednesday, Hewlett-Packard said that DreamWorks Animation employed HP tech to develop cutting-edge animation for its most recent film, Turbo, which opens in theaters Wednesday. HP Converged Infrastructure technology spanning networking, servers, storage, services, and management software; HP Converged Cloud; and HP Workstations and printers aided DreamWorks Animation in dealing with huge amounts of data, creating new levels of imagery and driving computer graphics in animated movie-making techniques.
Verizon Communications Inc. (NYSE:VZ): Current price $50.66
It is anticipated that Verizon’s second-quarter earnings per share will increase by 13 percent, but revenue is estimated to rise only 4 percent, leaving analysts keen to learn about the firm’s outlook for wireless growth in the midst of more aggressive marketing and industry consolidation. Verizon is set to report before the market open on Thursday. Meanwhile, analysts polled by Reuters predict that Verizon will earn 73 cents per share, up from 64 cents year-over-year, with revenue at $29.8 billion. It is also expected that wireless service revenue should increase by about 8 percent, with wireline revenue slumping by 1 percent. Verizon said in the first quarter that it added some 677,000 wireless postpaid customers.
Intel Corp. (NASDAQ:INTC): Current price $24.12
Intel will post its results for the second quarter after the close on Wednesday, together with its forecast for the rest of 2013, which might be the first real test of new CEO Brian Krzanich, who was appointed on May 2. Investors will be hoping for signs of the new chief’s thinking about the rapidly changing mobile computing market, which has added pressure to Intel’s historic PC chip business, while consumers and businesses transition to tablets and smartphones, and postpone the purchase of new desktop and laptop products.