Your Cheat Sheet to This Week’s Top Tech Stock Headlines

Here’s your Cheat Sheet to this week’s top tech industry business headlines:

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Dell (NASDAQ:DELL): Current price $14.21

Founder Michael Dell will only think about supporting a buyout by the private equity firm Blackstone Group (NYSE:BX) if it guarantees he can stay on as chief executive, according to an inside source. In a number of recent meetings in Austin with Blackstone executives Chinh Chu and David Johnson, who are conducting the firm’s offer, Mr. Dell said he would be more likely to support their proposal if he was retained in an influential role.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

DELL

eBay (NASDAQ:EBAY): Current price $55.53

Last week, the online e-commerce major said that it anticipates seeing 12 percent of its sales coming from BRIC countries by 2015, in a global e-commerce market that could be worth $300 billion. One additional phase of its strategy is leading a $50 million Series C investment in Snapdeal, which is an online marketplace in India with 20 million users. Also participating were the existing backers Nexus Venture Partners, Bessemer Venture Partners, and IndoUS Venture Partners.

On Monday, eBay reintroduced its price comparison website shopping.com as the eBay Commerce Network, placing greater emphasis on its API that permits external publishers to promote its product listings elsewhere on the Internet. The company has therefore shifted the focus of shopping.com to lure publishers and merchants instead of consumers. However, for everyday users, shopping.com is still a price comparison site; elsewhere, eBay is running an online commerce network, linking merchants with consumers through a network of external publishers.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

EBAY

Yahoo! (NASDAQ:YHOO): Current price $23.33

Shares were downgraded Monday at Pivotal Research from Buy to Hold, along with a price target increase from $23 to $26. Analyst Brian Wieser commented that, “We are incorporating refined valuation estimates of Alibaba Group and Yahoo Japan, and raising our target price to $26 per share. However, given the stock’s recent run-up and what we consider to be a “fuller” value (incorporating more refined assumptions around Alibaba) we downgrade Yahoo.”

Yahoo’s Vice President, Engineering for Cloud Services, Elissa Murphy, is exiting the firm to become chief technical officer and chief of platform efforts at Go Daddy, according to AllThingsD.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

YHOO

BlackBerry (NASDAQ:BBRY): Current price $14.70

The analyst Maynard Um and his team at Wells Fargo are raising certain of their estimates on the firm, while they also believe that guidance might prove a bit conservative. The team said that gross margin was the largest surprise for BlackBerry in its most recent quarter, although most of that surprise might already be embedded into the share price. They added that one key factor to monitor going into the fiscal first quarter 2014 is carrier debuts, especially for the QWERTY keyboard-equipped Q10 handset.

BBRY

BlackBerry will allow Apple (NASDAQ:AAPL) iPhone and Google Android owners to take the new BB 10 software for a test drive in their mobile browser. The demonstration gives users an opportunity to try out the interface, predictive keyboard, BlackBerry Messenger, BlackBerry Hub, and other programs that are inside BB 10. The demo is not fluid, but provides a sense of what it is like to use the Z10. To access the demo on the iPhone or Android phone, users must point the mobile browser to BlackBerry.com/glimpse.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

Investing Insights: Will Hewlett-Packard Seek Higher Prices?


Hewlett-Packard Co. (NYSE:HPQ): Current price $21.98

Senior Vice President and General Manager Ajei Gopal of HP’s software business division, is exiting the firm for a position with the private equity firm Silver Lake Partners, according to sources to AllThingsD. Gopal at Silver Lake will be operating partner, based in New York. He will be part of Silver Lake’s Value Creation team, working across the portfolio of Silver Lake investments searching for ways to enhance their operations.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

HPQ

Nvidia Corporation (NASDAQ:NVDA): Current price $12.46
Sources at Intel Santa Clara told TechEYE that the Chief Executive Jen-Hsen Huang of Nvidia was approached by recruiters searching for a replacement for the former’s Chief Executive Paul Otellini, who steps down at the end of May. Jen-Hsen is on record as declaring that if he worked for Intel it would only be as the head of the firm.

Are these stocks a buy or sell? Let us help you decide.Check out our Stock Picker Newsletter now.
NVDA

Investing Insights: What Do These Factors Say About Xerox?

Apple (NASDAQ:AAPL): Current price $423.13

Apple intends to commence the production of a refreshed iPhone similar in size and shape to its current one in the second quarter, according to knowledgeable sources, setting up a possible summer debut for the next version of its flagship product. Concurrently, the company continues to collaborate with its manufacturing partners in Asia on a less expensive iPhone that could be introduced as early as the second half of 2013.

An apology letter signed by Chief Executive Tim Cook that vowed to remake aspects of its customer-service policies in China was relased by Apple, following over two weeks of pointed attacks by government-run media, according to The Wall Street Journal.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

AAPL

Time Warner (NYSE:TWX): Current price $57.89

Warner Brothers’ studio’s online archive site, Warner Archive, has just introduced a new streaming service that allows access to old movies and TV shows from its large content library. The move takes the opposite position from Warner’s primary business of creating new original content, but it does not take away from the profitable business of selling rights to old content to third-party services such as Netflix, Amazon Prime, and Hulu. The new service provides a free two-week trial, but normally charges $10 per month for access to its content library.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

TWX

Activision Blizzard (NASDAQ: ATVI): Current price $14.43

Coverage of shares was begun by UBS with a buy, along with a price target of $17. The research firm commented that ”We believe Activision Blizzard is attractively valued at current levels, especially given the potential for continued strength in its core franchise and a possible recapitalization of the company’s capital structure. While we expect the upcoming console transition will impact sales, we believe development costs will rise less than expected.”

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

ATVI

Rackspace Hosting (NYSE:RAX): Current price $47.28

Rackspace shares were downgraded at Wells Fargo from Outperform to Market Perform and its valuation range lowered from $70 to $73 to $47 to $52. Analyst Gary Powell remarked that this transition period will limit upside, and commenting that ”While we continue to believe that RAX is a great company with excellent management and strong long term growth prospects, we think the company is in a transition period which could limit stock appreciation from current levels for the next 6-12 months. As we highlighted last week, we believe cloud computing is to some extent cannibalizing managed hosting growth. In addition, we believe that the impact of recently reduced bandwidth prices will pressure RAX revenues to a greater degree than we originally expected.”

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

RAX

Investing Insights: What Do These Factors Say About Xerox?

Zynga (NASDAQ:ZNGA): Current price $3.55

Within the next few days, the company will debut in the United Kingdom two real-money versions of its casino and poker games, representing the gaming major’s first offerings in the online gambling space. Chief Revenue Officer Barry Cottle explained in an interview that “our whole mission is to be the platform of play. At heart, we’re a social gaming company. We view real-money gaming as a natural extension of that.” The first two games to launch will be ZyngaPlusPoker and ZyngaPlusCasino, both said to be in the spirit of Zynga’s most popular types of games.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

ZNGA

 Amazon.com (NASDAQ:AMZN): Current price $255.38

The online giant says that each time a customer buys a vinyl record from its online store, it will give that person a digital version of the songs for free. The new feature, AutoRip, was introduced in January for CDs, and is said by the company to have boosted music sales. The digital songs are stored in the customer’s online storage account with Amazon, and in this way, they do not count against that customer’s storage limit.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

AMZN

Investing Insights: Can Seagate Extend This Bull Run?

International Business Machines Corporation (NYSE:IBM): Current price $209.41

The growth in sales of CommVault Systems from data-management software could entice offers from such giants as IBM, in what would be the industry’s most expensive deal in a decade, according to Bloomberg, which also reported that the software firm’s sales are forecast to jump by 33 percent during the next two years. This is faster than 81 percent of similar-sized firms.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

IBM

Red Hat (NYSE:RHT): Current price $47.48

The company has named a new leader for its virtualization technologies and solutions. Radhesh Balakrishnan, who was previously at Microsoft (NASDAQ:MSFT), will become the world head of Red Hat’s virtualization infrastructure solutions, including responsibilities for its Red Hat OpenStack and Red Hat Enterprise Virtualization technologies and solutions.

RHT

Google (NASDAQ:GOOG): Current price $783.06

Google has filed an unusual petition, challenging an ultra-secret national security letter by the government, to attain private data about one or more of its users, says Wired. The somewhat odd petition was filed under seal in the United States District Court of Northern California on March 29, a few days following a federal District Judge in California ruling that so-called NSLs that come with a gag order on the recipient, are an unconstitutional impingement upon free speech. On March 14, United States District Judge Susan Illston told the government to cease issuing NSLs and to stop enforcing the gag provision in cases in which they have already been issued, but stayed her order for 90 days to permit the government an opportunity to appeal her ruling to the Ninth Circuit Court of Appeals.

Don’t Miss: Does Google Show Any Signs of Slowing?

GOOG

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

Groupon (NASDAQ:GRPN): Current price $6.07

Groupon will work jointly with ASUS to debut a brand new ASUS MeMO Pad with 7-inch display and 10-finger multi-touch. The pad will be available exclusively on Groupon Goods April 6. Enhancing the deal, the ASUS MeMO Pad arrives bundled with a Wilsons genuine leather case for $159.99 and a 20-percent discount on the MSRP of the combined items.

GRPN

Verizon Communications (NYSE:VZ): Current price $49.55

Verizon Chief Executive Lowell McAdam has introduced a full no-contract wireless world, saying that it was “pretty easy” to change up the model to eliminate contracts, and also said that he would monitor the consumer response that T-Mobile receives from its recent move to drop contracts and phone subsidies in their entirety. He showed a willingness to follow suit if consumers begin asking for it, said CNET. McAdam said to reporters on the sidelines at an event to raise awareness for Verizon’s “Powerful Answers” initiative, that “I’m happy when I see something different tried. We can react quickly to consumers’ shifting needs.”

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

VZ

Nokia Corporation (NYSE:NOK): current price $3.34

The mobile phone maker has closed its flagship store in Shanghai as part of a strategy to lower costs and sell its phones via carriers and retail partners instead. The Finnish firm confirmed it shut its largest store last week, leaving Helsinki the one remaining flagship outlet. In an e-mail, a spokesperson said, ”For a while now, we’ve been focusing on operator and third-party retail outlets, rather than our own physical stores.”

NOK

Don’t Miss: Motorola Unlocks Apple’s Slide Patent.

More from The Cheat Sheet