Hewlett-Packard (NYSE:HPQ) has named a new agency for global advertising of its personal computers.

Hewlett-Packard To Take On New Agency

The technology giant Hewlett-Packard (NYSE:HPQ) has selected BBDO Worldwide to handle global advertising for its personal computers.

Currently BBDO creates advertisements for Hewlett-Packard (NYSE:HPQ)’s printers and corporate image efforts.

Eric Keshin, Hewlett-Packard (NYSE:HPQ)’s SVP of marketing for printing and personal systems, said the “winning agency’s keen understanding of our wide-ranging market segments, sound marketing strategy and high impact ideas.”

Hewlett-Packard Co. (NYSE:HPQ) shares were at 22.97 at the end of the last day’s trading. There’s been a -23.0% change in the stock price over the past 3 months.

Hewlett-Packard Co. (NYSE:HPQ) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 2 in the industry

It has been reported that the founder of Best Buy (NYSE:BBY) is stepping down as chairman of the company.

Best Buy Founder To Exit As Chairman

Consumer electronics chain Best Buy (NYSE:BBY)’s founder Richard Schulze is stepping down as chairman after an investigation revealed that he failed to alert the board of directors when he learned that the CEO was having an inappropriate relationship with a female employee.

Schulze said in a statement on Monday, “I confronted him with the allegations (which he denied), told him his conduct was totally unacceptable and contrary to Best Buy (NYSE:BBY)’s policies and everything I, and the company, stand for. I understand and accept the findings.”

Best Buy (NYSE:BBY) stocks are currently standing at 19.56.

Price History
Last Price: 19.56
52 Week Low / High: 19.02 / 32.85
50 Day Moving Average: 23.21
6 Month Price Change %: -29.2%
12 Month Price Change %: -39.5%

Hewlett-Packard (NYSE:HPQ) has been named as the most trusted technology brand in India.

Hewlett-Packard Gets India Nod

According to a research conducted by the Trust Research Advisory (TRA), Hewlett Packard (NYSE:HPQ) has been ranked as India’s Most Trusted Technology brand for the second year in a row.

N. Chandramouli, CEO, Trust Research Advisory, said, “Trust is Business, and when businesses are so dependent on technology, it is important for it to be fully trusted before it gets accepted. For Hewlett Packard (NYSE:HPQ), being ranked as India’s Most Trusted Technology Brand for two consecutive years shows the deep relationship that the brand has with its audiences.”

Hewlett-Packard Co. (NYSE:HPQ) shares were at 23.15 at the end of the last day’s trading. There’s been a -19.3% movement in the stock price over the past 3 months.

Hewlett-Packard Co. (NYSE:HPQ) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 2 in the industry

Intel (NASDAQ:INTC) has teamed up with Orange Uganda to bolster IT services.

Intel Makes Orange Africa Link

Intel Corporation has partnered with Orange Uganda with an aim to make broadband and PC’s more affordable, as well as to increase their reach to customers by bridging the broadening gap in Internet access and broadband connectivity.

John Davies, Intel (NASDAQ:INTC) Vice-President for World Ahead Program, said that, “Providing technology access and IT skills is a cornerstone for future innovation, economic growth and individual progress in the competitive marketplace. Nations must equip their citizens with these critical skills in order to realize their potential in today’s knowledge economy”.

Intel Corp. (NASDAQ:INTC) stocks were at 27.24 at the end of the last day’s trading. There’s been a 1.4% movement in the stock price over the past 3 months.

Intel Corp. (NASDAQ:INTC) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 1 out of 7 in the industry

Wells Fargo (NYSE:WFC) has awarded a grant to the UC Davis Energy Efficiency Center (EEC).

Wells Fargo Makes Grant Decision

The US based financial giant Wells Fargo (NYSE:WFC) has announced a five-year, $500,000 grant to the UC Davis Energy Efficiency Center (EEC) aimed at developing new energy-efficient technologies.

Bill Allen, senior relationship manager of the Wells Fargo (NYSE:WFC) Global CleanTech and Emerging Tech Markets Group said, “This is a great opportunity for Wells Fargo to invest in new and innovative technologies whose advancements will not only help us manage the efficiencies of our own operations, but will also provide solutions for our corporate, commercial and consumer banking customers.”

Wells Fargo (NYSE:WFC) company shares are currently standing at 32.63.

Price History
Last Price: 32.63
52 Week Low / High: 22.58 / 34.59
50 Day Moving Average: 33.17
6 Month Price Change %: 30.6%
12 Month Price Change %: 14.4%

Amazon.com (NASDAQ:AMZN) has scheduled the addition of new distribution centers in CA.

Amazon.com To Expand Distribution

Amazon.com (NASDAQ:AMZN) announced that it will occupy new fulfillment centers in San Bernardino and Patterson, CA.

The massive Internet retailer will occupy a facility of more than 950,000 square foot under development as part of the AllianceCalifornia project in San Bernardino, CA.

Dave Clark, Amazon.com (NASDAQ:AMZN) vice president, global customer fulfillment, said that, “Amazon.com (NASDAQ:AMZN) will create “hundreds of full time jobs with benefits” in Patterson when the facility begins shipping to customers in 2013”.

Amazon.com (NASDAQ:AMZN) shares are currently standing at 223.90.

Price History
Last Price: 223.90
52 Week Low / High: 166.97 / 246.71
50 Day Moving Average: 196.04
6 Month Price Change %: 2.7%
12 Month Price Change %: 11.5%

Lowe (NYSE:LOW)’s has teamed up with Habitat for Humanity for National Women Build Week.

Lowe (NYSE:LOW)’s Working On US Initiative

From May 5 to 13, non-profit organization Habitat for Humanity and Lowe’s (NYSE:LOW) will work together for the National Women Build Week initiative nationwide in the US.

Marshall Croom, chairman of the philanthropic arm of Lowe’s (NYSE:LOW) said, “Women Build encourages women from all ages and walks of life to pick up their hammers and build affordable homes alongside local families. Lowe’s (NYSE:LOW) salutes all the women volunteers who take time to build this week and values the difference Lowe’s (NYSE:LOW) and Habitat are making in the lives of families across the nation.”

Lowe’s (NYSE:LOW) shares are currently standing at 30.79.

Price History
Last Price: 30.79
52 Week Low / High: 18.07 / 32.29
50 Day Moving Average: 30.64
6 Month Price Change %: 38.0%
12 Month Price Change %: 20.1%

American Express (NYSE:AXP) has signed a new deal with media corporation Time Warner Cable.

American Express Inks Time Warner Deal

Under this new deal, Time Warner Cable is enticing American Express (NYSE:AXP) cardholders to sign up for its premium SignatureHome Premium View.

This deal will let American Express (NYSE:AXP) card holders get a $30 monthly discount on SignatureHome, which usually costs subscribers $230 monthly for wideband Internet service, premium channels and telephone service.

Time Warner Cable President and COO Rob Marcus said, “We added a best-ever 14,000 SignatureHome customers in Q1, bringing the total to 50,000, and we just signed an exciting marketing pact with American Express (NYSE:AXP) to present an exclusive offer to card members who sign up for SignatureHome with their American Express (NYSE:AXP) cards. We think partnering with Amex is a great way to promote the SignatureHome product and further enhance our brand.”

American Express Co. (NYSE:AXP) stocks are currently standing at 60.86.

Price History
Last Price: 60.86
52 Week Low / High: 41.3 / 61.42
50 Day Moving Average: 56.67
6 Month Price Change %: 17.8%
12 Month Price Change %: 22.5%