HP DEVELOPING Enterprise Software and 3 Dow Movers Buzzing on the Street
The Home Depot, Inc. (NYSE:HD) estimated earnings per share at $2.90 for the fiscal year 2012, which reflects stock repurchases.
Hewlett-Packard Company (NYSE:HPQ) is prepping three novel software capabilities which were developed to aid enterprises in pooling their computing and storage resources across a network. This progress should make it easier for information tech departments to connect the data centers spread worldwide, shield multiple tenants’ virtual machines from each other and to control storage from virtualized appliances. Also, the company is adding the features to its HP Converged Infrastructure repertoire, which comprises part of its software-defined networking strategy, says Kash Shaikh, director of marketing for HP Networking.
JPMorgan Chase & Co. (NYSE:JPM): At least some type of financing was awarded to nearly two-thirds of small businesses in the Federal Reserve Bank of New York’s region which asked for credit, according to a poll conducted by the reserve bank during second quarter, says Bloomberg.
Merck & Co. Inc. (NYSE:MRK) and Arrowhead Research Corporation (NASDAQ:ARWR) have reached an agreement through a subsidiary to undertake a study of a new proprietary therapeutic monoclonal antibody candidate derived from Arrowhead’s human-derived peptide targeting and discovery program. Arrowhead obtained this program via its acquisition of Alvos Therapeutics back in April, and Merck will pay the costs involved in evaluating the candidate.
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