International Business Machines Corp. (NYSE:IBM) began laying off employees across the country Thursday as part of a massive restructuring campaign that could ultimately cost as many as 13,000 jobs. International Business Machines Corp. (NYSE:IBM) stock performance was -0.05% in last session and finished the day at $185.17. Traded volume was 575.00 shares in the last session and the average volume of the stock remained 5.47 million shares. The beta of the stock remained 0.62. International Business Machines Corp. (NYSE:IBM) insider ownership is 0.10%.
Cisco Systems, Inc. (NASDAQ:CSCO) shares saw a significant growth in short interest in January. As of February 14th, there was short interest totalling 71,360,355 shares, a growth of 20.7% from the January 31st total of 59,117,488 shares, StockRatingsNetwork reports. Approximately 1.3% of the shares of the company are sold short. Cisco Systems, Inc. (NASDAQ:CSCO) dropped -0.55% to $21.80 yesterday on volume of 1,120.00 shares. The intra-day range of the stock was $21.70 – $22.11. Cisco Systems, Inc. (NASDAQ:CSCO) has a market capitalization of 115.41 billion.
Cloud is the future and critical for most tech giants. Oracle Corporation (NYSE:ORCL) is no exception. Oracle now generates more than $1 billion of subscription revenues annually from its cloud-hosted application suite. Oracle Corporation (NYSE:ORCL)’s stock on March 02, 2014 reported a higher of 0.41% to the closing price of $39.11. Its fifty two weeks range is $29.86 – $39.37. The total market capitalization recorded 177.36 billion. The overall volume in the last trading session was 100.00 shares. In its share capital, Oracle Corporation (NYSE:ORCL) has 4.54 billion outstanding shares.
Hewlett-Packard Company (NYSE:HPQ) has reported fiscal first-quarter sales and profit that topped analysts’ estimates as the personal-computer maker won new orders for corporate machines and servers to run data centers. On Friday, shares of Hewlett-Packard Company (NYSE:HPQ) advanced 0.44% to close the day at $29.88. Company return on investment (ROI) is 11.50% and its monthly performance is recorded as 2.96%. Hewlett-Packard Company (NYSE:HPQ) quarterly revenue growth is 19.71%.