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Dell, HP fall amid concern PC sales have peaked

Dell Technologies Inc and HP Inc on Thursday reported revenue and earnings that showed consumers and companies continue to buy personal computers even as COVID-19 pandemic lockdowns ease in some parts of the world.
The strong results did not help the stocks, which declined in extended trading.
Round Rock, Texas-based Dell said that fiscal first-quarter sales rose 12 percent to US$24.5 billion, compared with analysts’ average estimate of US$23.3 billion, data compiled by Bloomberg showed.
HP reported revenue in its fiscal second quarter jumped 27 percent to US$15.9 billion, also topping estimates by US$1 billion. It also raised its annual profit target.
Despite the ....

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Short Call at News Buzzer: Tesaro, Inc. (NASDAQ:TSRO), HP Inc. (NYSE:HPQ)

Several matter pinch shares of
Tesaro, Inc. (NASDAQ:TSRO) [Trend Analysis], as shares plunging -0.72% to $185.56 with a share volume of 149477. Tesaro (TSRO) confirmed that the CHMP rendered a positive opinion for the marketing authorization application for VARUBY for the prevention of delayed nausea and vomiting associated with highly and moderately emetogenic cancer chemotherapy in adults.
“Following ‘s positive CHMP opinion, and subject to final approval and completion of pricing and reimbursement discussions, TESARO plans to launch VARUBY in Europe beginning in the first half of 2017, on a country-by-country basis. Our international organization now spans 17 European countries and is well prepared to make this treatment accessible in each country as soon as possible.” The stock is going forward its 52-week low with 413.87% and moving down from its 52-week high price with -3.83%. To have technical analysis views, liquidity ratio of a company was calculated 11.6 ....

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