Welcome!

IBM Cloud Authors: Dana Gardner, Elizabeth White, Scott Allen, Pat Romanski, Yeshim Deniz

News Feed Item

The Zacks Analyst Blog Highlights:Google, IBM, Facebook, Intel and Sinopec

CHICAGO, April 17, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Google (Nasdaq:GOOGL-Free Report), IBM (NYSE:IBM-Free Report), Facebook (Nasdaq:FB-Free Report), Intel (Nasdaq:INTC-Free Report) andSinopec (NYSE:SNP-Free Report).

Zacks Investment Research, Inc., www.zacks.com.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Wednesday's Analyst Blog:

Google Misses, IBM Meets – Both Stocks Dive

Two more big names in technology reported earnings after the bell Wednesday: Google (Nasdaq:GOOGL-Free Report) andIBM (NYSE:IBM-Free Report) each posted lighter sales than expected in their fiscal 1st quarters. Google reported earnings of $5.33 per share (including traffic acquisition costs), a disappointing 17.6% negative surprise, while IBM came in exactly even at $2.54 per share for the quarter.

Google, in particular, has lots of moving parts these days, and many of these are reflected in what we are seeing in the earnings report. Paid clicks are up 26% (some analysts expected this number to be higher) while cost per click (CPC) fell 9%. Much of this stems from Google's increased business on mobile platforms, which command lower ad rates, though this figure improved sequentially from 11% last quarter.

When considering the big picture about Google, however, no one is too concerned about a modest sales or earnings miss in the near-term (well, not "no one" -- late traders are taking the stock behind the woodshed right now), especially while the company remains in the middle of a huge investment phase where its main consideration is the expansion of its user base. Like Facebook (Nasdaq:FB-Free Report), Google seeks to track consumer habits ubiquitously and accurately; it is this motivation that's behind Google's $3.2 billion acquisition of home safety and thermostat firm Nest, among other things.

Harder to gauge is the long-term impact of other pet projects Google has been tinkering with. Of course we all know about Google Glass -- in fact, we've begun to see extensive usage of this product already -- and the self-driving cars Google is developing. Its latest purchase is drone-maker Titan Aerospace, a deal so new there's not even an official dollar figure attached to it yet. But at least the aim here is to increase connectivity in remote areas; again, we see Facebook pursuing the same type of thing.

IBM's business is, fittingly, a bit more old school than that: restructuring its operations to face modern challenges and selling off non-core businesses. We've seen this recently with the pending deal to move their x86 server business for roughly $1 billion, and jettisoning off its Customer Care biz for around half a billion. Like we saw withIntel (Nasdaq:INTC-Free Report) yesterday, the older, PC-based, enterprise-heavy tech firms of yesteryear are modernizing and streamlining at a recognizable pace, but it's going to take time.

Google shares have sold off more than 5% in the after-market. And while the company is still up around 40% year-over-year, GOOGL is now officially down year-to-date. IBM is also down big in the after-market, and is falling to about break-even since the first of the year.

While neither produced the good news investors hoped for, neither did either company perform abysmally. Perhaps they're simply on the early side of an overall correction after hefty gains in the market overall during regular Wednesday trading.

China Stock Roundup

Chinese stocks swung between gains and losses this week amidst mixed economic signals. Markets moved upwards on Monday, retaining the momentum gained last week following a decision to allow cross-border equity trading between Shanghai and Hong Kong.

However, stocks moved downwards on Tuesday after growth in money supply declined. Markets returned to their winning ways today after GDP numbers declined, but exceeded estimates.

Markets and the Economy This Week

The Shanghai Composite Index gained 0.1% on Monday, extending the largest five day rally in nearly two months. The benchmark index gained 3.5% last week, following a decision by China to allow cross-border equity trading between Shanghai and Hong Kong. China Petroleum and Chemical Corp., also known as Sinopec (NYSE:SNP-Free Report) moved up 2.3% while Chongqing Changan Automobile Co. was the largest gainer among consumer discretionary stocks.

Chongqing Changan Automobile gained 10% after announcing that its net income had increased nearly four times. The Hang Seng China Enterprises Index slipped 0.2% while the CSI 300 Index declined 0.1%. Bank stocks declined, and a measure of financial stocks in the CSI 300 lost 0.6%, the largest among the 10 industry groups.

Markets plunged on Tuesday, with Chinese stocks losing by the widest margin in more than a month. The decline was led by financial companies and commodity producers. Bank shares continued to suffer. Poly Real Estate Group Co. and Industrial Bank Co. lost in excess of 3%. Industrial Bank and Huaxia Bank Co. declined by 3% and 2.7% respectively.

The Shanghai Composite Index lost 1.4% while the Hang Seng Index declined 1.6%. The Hang Seng China Enterprises Index plunged 2.1% while the CSI 300 Index lost 1.7%

Tuesday's losses were primarily a result of the slowest recorded growth in money supply which indicated the possibility of an economic downturn. China's most representative gauge of money supply, M2, increased 12.1% in March compared to the year ago figure. This is lower than the 13.3% growth recorded in February.

According to official figures released today, China's GDP increased 7.4% during the first quarter compared to the year ago figure. This figure beat most estimates, but was still the slowest pace in nearly one and a half years. Industrial production increased 8.8% in the month of March, lower than the 8.6% figure recorded during January-February. At 17.6%, fixed-asset investment in March was also lower than the 17.9% for the January-February period.

Financial companies such as Founder Securities Co. chalked up gains. The Shanghai Composite Index moved up 0.2% while the CSI 300 Index gained 0.1%. The Hang Seng China Enterprises Index slipped 0.3% after gaining nearly 1% earlier during the day. The Shanghai Composite has gained 3.5% over the quarter following speculation that the government will announce additional measures to stimulate growth.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on GOOGL - FREE

Get the full Report on IBM - FREE

Get the full Report on FB - FREE

Get the full Report on INTC - FREE

Get the full Report on SNP - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
Apixio Inc. has raised $19.3 million in Series D venture capital funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will dedicate the proceeds toward advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. The Series D funding comes as Apixio experiences strong momentum and increasing demand for its HCC Profiler solution, which mines unstruc...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change t...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...