Tech Five: HP reports earnings after bell
Expect to see some after-hours movement for personal computer maker Hewlett-Packard Tuesday. Let's take a look at the technology stocks to watch:
Hewlett-Packard. The company reports first quarter earnings after the markets close Tuesday. HP is forecast to report quarterly revenue of $27.38 billion with earnings of 91 cents per share, according to analysts polled by FactSet. The company remains in the midst of a massive split, separating its printing and PC division from hardware and services. The split is expected to be complete this year.
Comcast. The cable giant's shares are flat in pre-market trading after reporting fourth quarter earnings that show a bump in broadband Internet customers. Comcast also matched estimates with an earnings per share of 77 cents.
Google. The tech giant is making another huge push into the mobile payments market. Google is partnering with Softcard and three wireless carriers -- AT&T, T-Mobile and Verizon -- to have its Google Wallet app pre-installed on Android smartphones.
Apple. Credit card giant Visa announced a more secure service for mobile payments that could speed up the arrival of Apple Pay to Europe. According to Reuters, the technology replaces credit card information with random numbers, lowering the risk of theft.
LinkedIn. The business-focused social network settled a class-action lawsuit over weak password security, reports The New York Times. The lawsuit claimed LinkedIn provided false assurances that their personal information was secure.
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