Stock Insight Highlights Jan. 25th: Hewlett-Packard, Oracle, EMC, Delta Airlines
Hewlett-Packard (NYSE:HPQ): HP began executing its plan to deliver an open webOS by committing to a schedule for making the platform’s source code available under an open source license, saying it aims to complete this milestone in its entirety by September. HP also announced it is releasing version 2.0 of webOS’s innovative developer tool, Enyo. The webOS code will be made available under the Apache License, Version 2.0, beginning with the source code for Enyo.
Oracle (NASDAQ:ORCL) Macquarie downgraded Oracle based on reduced Exadata growth forecast, high Street expectations, and aggressive hiring and reduced productivity. Price target is $31.
EMC (NYSE:EMC): Brean Murray raised its price target on EMC following record Q4 results. The firm cited prudent guidance, its increase in market share in mid-range storage space, and improved margins. Shares are Buy rated.
Delta Airlines (NYSE:DAL): Says February trends appear largely consistent with what what it is seeing in January. Says March comps “get a bit more difficult,” but still expects double digit y/y growth.
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