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IT News: Cisco Systems, Inc. (CSCO)’s Huge Boost, Hewlett-Packard Company (HPQ)’s Expectations & International Business Machines Corp. (IBM)

Editor’s Note: Related tickers: Cisco Systems, Inc. (NASDAQ:CSCO), Hewlett-Packard Company (NYSE:HPQ), International Business Machines Corp. (NYSE:IBM)

Cisco fixes critical remote command execution vulnerability in Secure Access Control Server (ITWorld)
Cisco Systems, Inc. (NASDAQ:CSCO) released security patches for Secure Access Control Server (Secure ACS) for Windows to address a critical vulnerability that could allow unauthenticated attackers to remotely execute arbitrary commands and take control of the underlying operating system. Cisco Secure ACS is an application that allows companies to centrally manage access to network resources for various types of devices and users. According to Cisco’s documentation, it enforces access control policies for VPN, wireless and other network users and it authenticates administrators, authorizes commands, and provides an audit trail.

Cisco Systems, Inc. (NASDAQ:CSCO)

Hewlett Packard-owned software services firm Mphasis third-quarter sales up 10% (IndiaTimes)
Hewlett-Packard Company (NYSE:HPQ)-owned software services firm Mphasis’s third-quarter sales jumped 10%, beating analyst expectations, as demand for software services rose and clients in the United States spent more on technology. The Bangalore-based company, in which Palo Alto, California-based HP owns a 61% stake, said its third-quarter revenue stood at Rs 1,540 crore, compared with Rs 1,405 crore in the previous quarter. Analysts who track MphasisBSE 2.92 % had forecast a 2% to 3% revenue growth in rupee terms.

Asia Pacific server market grows in Q2 (IDG)
The Asia Pacific server market grew 10 per cent in revenue and 21.7 per cent in shipments, in the second quarter of 2013, according to Gartner. Worldwide server shipments have jumped four percent year-on-year in the second quarter of 2013, but revenue dropped 3.8 percent. International Business Machines Corp. (NYSE:IBM) took the lead after posting worldwide server revenue of nearly $3.2 billion for a total share of 25.6 percent. The biggest revenue contribution was from its System z, according to the analyst firm. In terms of shipments, HP took top spot, despite a year-on-year shipment decline of 13.6 percent for the quarter. Its shipment share was 23.9 percent representing a 4.8 percent decrease compared to the same time last year. There was a new entrant with Inspur making it into the top five after landing a significant high-performance computing deal in China.

Why Cisco Systems, Inc. (NASDAQ:CSCO) Is Still a Buy (FinancialsTrend)
In spite of lackluster fiscal 4th quarter facts, Cisco Systems, Inc. (NASDAQ:CSCO) still deserves a position in growth portfolios. Yes, the Silicon Valley networking tools company declared that it is cutting down its staff by around 4,000 – 5 per cent of its personnel. Yes, deals from Asian as well as Chinas markets remained feeble. And yes, chief executive officer John Chambers stated that development in product lines from particular nations such as Asia and China are “not at the speed we wish.” But yes, the company’s stock is still a ‘good’ buying option.

Hewlett-Packard Receives Hold Rating from TheStreet (HPQ) (UtahPeoplesPost)
TheStreet reiterated their hold rating on shares of Hewlett-Packard Company (NYSE:HPQ) in a research report sent to investors on Tuesday morning, reports. “Hewlett-Packard (HPQ) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and weak operating cash flow.,” TheStreet’s analyst commented.

Why is Cisco interested in North Carolina incentives? (BizJournals)
Is something big brewing between networking giant Cisco Systems, Inc. (NASDAQ:CSCO) and the state of North Carolina that may be a huge boost for the company’s RTP campus? Maybe. I have confirmed that CEO John Chambers, in town for the North Carolina CEO Forum, had a one on one meeting with Governor Pat McCrory. While neither Cisco nor the governor’s office will comment on whether incentives to expand in the state were on the docket (“We actually do not comment on private conversations that our executives have with government leaders,” Cisco spokesperson Christina O’Neill says), Chambers talked about whether North Carolina can help the company with incentives privately with some CEOs last week.

Hewlett Packard announces HP EliteBook Revolve 810 and HP ProBook 430 (ciOL)
Hewlett-Packard Company (NYSE:HPQ) Printing and Personal Systems Group, India today extended its commercial PC portfolio with the announcement of HP EliteBook Revolve 810 and HP ProBook 430. EliteBook is a touch-enabled notebook that pivots to let users share their work and folds to go mobile as a tablet, and is priced at Rs. 90,000/-. HP ProBook 430 is a business notebook suitable for everyday use and is priced at Rs. 39,000/-. As a sleek and lightweight notebook that also converts to a tablet, the HP EliteBook 810 is designed to revolve around a busy executive’s life, and comes with elegant touch computing, enterprise-grade security and military-grade durability.

IBM Boosts Power to Linux Servers for Big Data, Cloud (cIO-Today)
International Business Machines Corp. (NYSE:IBM) Relevant Products/Services is pushing hard on its Linux on Power initiative. The company just rolled out a new PowerLinux server Relevant Products/Services and new software Relevant Products/Services and middleware applications that aim to satisfy the growing enterprise Relevant Products/Services appetite for big data Relevant Products/Services, analytics Relevant Products/Services and next generation Java applications in an open cloud Relevant Products/Services environment. The new PowerLinux 7R4 server is built on the Power Systems platform running IBM’s Watson cognitive computing solution. Big Blue says the server offers that same performance for the new business-critical and data-intensive workloads increasingly deployed in Linux environments. International Business Machines Corp. (NYSE:IBM) is also pushing out IBM Cognos Business Intelligence and EnterpriseDB database software, each optimized for Linux on Power.

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