Tag Archives: bad-request

Micron Baffles Analysts With Unnamed Chip Partner

Wall Street offered a witch’s brew of feedback Monday after Micron Technology (MU) suggested late Friday that 2016 investments could swallow 2015 capital expenditures by as much as 45%. And while the chipmaker didn’t outright name Intel (INTC) as the “strategic partner” providing a $0.7 billion to $0.9 billion investment in 2016, that didn’t stop analysts from speculating about the companies’ intertwined fate. Micron, hard-hit in the stock market

Samsung Pay could leapfrog Apple Pay, Android Pay

Samsung’s new mobile payments system could spur greater adoption of mobile payments than what rivals Apple (AAPL) and Google (GOOGL) have been able to achieve thus far, Moody’s Investors Service said Monday. Samsung is launching its e-wallet service, Samsung Pay, on Thursday in its home market of South Korea. It will debut in the U.S. on Sept. 28. It also plans to roll out the service in the U.K., Spain and China. Samsung Pay will be installed in

When Will Hewlett-Packard See Sale Growth? Not Yet

Hewlett-Packard (HPQ) has posted year-over-year sales declines in 14 of the past 15 quarters, but instead of getting closer to gains analysts expect the drop picked up steam last quarter. Wall Street expects HP — which will soon split into separate PC and enterprise companies — to post revenue of $25.5 billion for its fiscal Q3 ended on or near July 31. That would be down 7.6% from the year-earlier quarter and mark its biggest decline in two