computer manufacturers

Buy HP, Sell Dell

You won't find too many fans of HP stock right now, after last week's announcement about the death of the TouchPad. But PC makers are going through a rough patch in general, as consumers turn to tablets and businesses embrace the cloud. Here's why HP is still a decent bet -- and in better shape than a certain competitor.

Hewlett-Packard OKs $10 Billion Share Buyback

Hewlett-Packard shares jumped nearly 2.76%, or $1.05, to $39.05 in premarket trading after the No. 1 PC maker announced Monday that its board of directors had authorized an additional $10 billion for share repurchases. HP expects to buy back at least $3 billion worth of shares in its fiscal fourth quarter.

Dell Earnings Powers Up on Strong Corporate Demand

Computer maker Dell reported better-than-expected earnings of $629 million, or 32 cents per share, excluding charges. A key driver for the gain was rising commercial demand for its enterprise solutions.