That's right, folks. Hewlett-Packard (NYSE: HPQ ) will be releasing a massive 21.5-inch tablet, which hardly qualifies as a mobile computing device. Despite the impracticality of traveling with a 21.5-inch tablet that has no battery, HP's newest brainchild will run Google (NASDAQ: GOOG ) Android, sport an NVIDIA Tegra 4 processor, be compatible with a mouse and keyboard, and include a kickstand to prop it up like an all-in-one device. Perhaps the most surprising element of this announcement is the price. Starting at $400 and available in September, this tablet-meets-all-in-one device retails for half the current MSRP of HP's cheapest touch-enabled Microsoft Windows all-in-one PC.
A HP Slate 21 AIO mockup. Source: HP.
It's for the family
As easy as it is to dismiss the Slate 21 as a massively impractical tablet, HP may not be that crazy after all. The company has positioned the device as an affordable all-in-one PC alternative for families that want a rich yet simplistic user experience. The added affordability can be attributed to the open-source nature of Android and a much cheaper Tegra 4 processor, giving the Slate 21 a healthy pricing edge over Windows-based all-in-one devices. For families that live mostly in the cloud, the Slate 21 may turn out to be a palatable choice.
Top European Companies To Buy Right Now: Calwest Bancorp (CALW)
CalWest Bancorp owns South County Bank, National Association. The Company is the holding company for South County Bank N.A. South County Bank operates in four divisions: business solutions, professional division, personal services and online banking. Business solutions are engaged in deposit services, cash management solutions and loan services. Professional division is engaged in physicians, dentists, veterinarians, attorneys and certified public accountants. Personal services include deposit services and loan services. Online banking includes personal login, cash management login, cash management demos and user resources.
Business solutions
Deposit services include analysis checking, unlimited checking, interest checking, money market savings, sweep accounts, zero balance accounting, payroll services and merchant card processing. Cash management services include eCorp online banking, remote deposit, electronic payments, positive pay, mobile banking, cash vault and armored transport. Its loan services include business lines of credit, commercial term loans, commercial real estate loans, equipment loans, SBA financing, construction loans and accounts receivable financing.
Professional division
Veterinarians provide deposit services, cash management services and lending services. Attorneys and certified public accountants also include deposit services, cash management services and lending services
Personal services
Deposit services include online banking, checking, saving, money market, certified deposit and retirement accounts. Its loan services include overdraft protection, home equity lines and vehicle financing.
Advisors' Opinion:- [By CRWE]
Today, CALW remains (0.00%) +0.000 at $.370 thus far (ref. google finance 10:58AM EDT July 24, 2013).
CalWest Bancorp previously reported the consolidated financial results for the six months ended June 30, 2013. Significant items for the period ending June 30, 2013 include:
Quarterly net income of $50,000, compared to the previous quarter profit of $12,000;
No additional loan loss provision required; resulting in the allowance for loan loss (ALL) ratio decreasing slightly from 6.20% to 5.95%;
Total assets were flat at $144 million, with new business offsetting run-off;
Non-performing loans reduced significantly in 2013 by 41% quarter-over-quarter; and are down $1.9 million from a year ago;
Non-interest bearing deposits maintained at 35% of total deposits, helping reduce the Bank�� cost-of-deposits to 0.40% from 0.48% a year ago;
The increase in Net Interest Income offset the reduction in Non-Interest Income as increased focus is placed on core earnings;
Non-interest expenses continue to improve, decreasing 2% quarter-over-quartee
Top Cheapest Stocks To Watch Right Now: Perry Ellis International Inc.(PERY)
Perry Ellis International, Inc. engages in designing, sourcing, marketing, and licensing apparel products for men and women in the United States and internationally. The company?s men?s wear offerings include casual sportswear and bottoms, dress shirts and pants, jeans wear, golf apparel, sweaters, sports apparel, swimwear and swim accessories, active wear, outerwear and leather accessories. Its women?s wear offerings comprise dresses, sportswear, and swimwear and swim accessories. The company offers its products under the brand names of Perry Ellis, Axis, Tricots St. Raphael, Jantzen, John Henry, Cubavera, the Havanera Co., Centro, Solero, Natural Issue, Munsingwear, Grand Slam, Original Penguin, Mondo di Marco, Redsand, Pro Player, Manhattan, Axist, Savane, Farah, Gotcha, Girl Star, MCD, Laundry by Shelli Segal, C&C California, Ben Hogan, and Rafaella. It also licenses the Nike brand for swimwear and swimwear accessories; the JAG brand for men?s and women?s swimwear and cover-ups; the Callaway Golf brand and Top-Flite for golf apparel; the PGA TOUR brand, including Champions Tour for golf apparel; and Pierre Cardin for men?s sportswear. The company distributes its products primarily to wholesale customers, including department stores, national and regional chain stores, mass merchants, specialty stores, sporting goods stores, the corporate wear market, and e-commerce, as well as clubs and independent retailers. As of March 2, 2011, it operated 38 Perry Ellis and 3 Original Penguin retail outlet stores primarily in upscale retail outlet malls across the United States and Puerto Rico; 1 Perry Ellis and 1 Cubavera retail store in Miami, Florida; and 7 Original Penguin retail stores in upscale demographic markets in the United States. The company was formerly known as Supreme International Corporation and changed its name to Perry Ellis International, Inc. in June 1999. Perry Ellis International, Inc. was founded in 1967 and is headquarte red in Miami, Florida.
Advisors' Opinion:- [By Ben Levisohn]
Perry Ellis International�(PERY) has dropped 20% to $12.60 in pre-open trading after the apparel company blamed bad weather for slashing its full year guidance in less than half.
- [By Adem Tahiri]
Perry Ellis International (NASDAQ: PERY ) is an apparel company that designs, markets, and licenses its brand-name products. The stock has dropped by nearly half this year, and it has sparked the interest of many value investors. Last Thursday, fourth-quarter earnings results beat lowered expectations and gave the stock a small bump.�
Top Cheapest Stocks To Watch Right Now: Asante Gold Corp (ASE)
Asante Gold Corporation is a mineral exploration company involved in the acquisition and assessment of mineral properties in the Republic of Ghana. The Company is a gold royalty, exploration and development company. The Company is focused in Ghana, West Africa where it is exploring the Fahiakoba concession, a 22.07 square kilometers prospecting license located on strike with and between Perseus Mining's 4.32 million ounce Edikan Mine and AngloGold Ashanti's 60 million ounce Obuasi mine. It has a 100% interest in the Fahiakoba concession. ASG Mining Ltd. is the Company�� 100% owned Ghana subsidiary. Advisors' Opinion:- [By Namitha Jagadeesh]
Greece�� ASE Index (ASE) retreated 4 percent today, pulled down by shares of lenders. National Bank of Greece SA tumbled 27 percent to 1.15 euros after announcing details of a share sale. Piraeus Bank SA slid 21 percent to 36 euro cents.
Top Cheapest Stocks To Watch Right Now: EPAM Systems Inc (EPAM)
EPAM Systems, Inc. (EPAM), incorporated on December 18, 2002, is a global information technology (IT) services provider focused on software product development services, software engineering and vertically-oriented custom development solutions. EPAM has been serving independent software vendors (ISVs), and technology companies. These companies produce advanced software and technology products that demand software engineering talent, tools, methodologies and infrastructure to deliver solutions. Its service offerings cover the full software development lifecycle from complex software development services through maintenance and support, custom application development, application testing, enterprise application platforms and infrastructure management. Its key service offerings include software product development services, custom application development services, application testing services, enterprise application platforms, application maintenance and support and infrastructure management services. In December 2012, the Company acquired Empathy Lab.
Software Product Development Services
EPAM provides a set of software product development services, including product research, design and prototyping, product development, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, as well as porting and cross-platform migration. The Company focuses on development services for enterprise software products covering a range of business applications, as well as product development for multiple mobile platforms and embedded software product services.
Custom Application Development Services
EPAM offers custom application development services. The Company�� range of services includes business and technical requirements analysis, solution architecture creation and validation, development, component design and integration, quality assurance and testing, d! eployment, performance tuning, support and maintenance, legacy applications re-engineering/refactoring, porting and cross-platform migration and documentation.
Application Testing Services
The Company�� application testing services include software application testing, including test automation tools and frameworks, and testing for enterprise IT, including test management, automation, functional and non-functional testing, as well as defect management. It also includes and consulting services focused on helping clients improve their existing software testing and quality assurance practices.
Enterprise Application Platforms
As a provider of software product development services to ISVs, EPAM has developed industry standard technology and business application platforms and their components in such areas as customer relationship management and sales automation, enterprise resource planning, enterprise content management, business intelligence, e-commerce, mobile, Software-as-a-Service and cloud deployment. The Company offers services around Enterprise Application Platforms, which include requirements analysis and platform selection, deep and complex customization, cross-platform migration, implementation and integration, as well as support and maintenance.
Application Maintenance and Support
EPAM delivers application maintenance and support services. The Company�� application maintenance and support offerings meet rigorous CMMI and SAS 70 Type II requirements. Its services include incident management, fault investigation diagnosis, work-around provision, application bug fixes, release management, application enhancements and third-party maintenance.
Infrastructure Management Services
EPAM service offerings cover infrastructure management services. The Company has implemented large infrastructure monitoring solutions, providing real-time notification and control from the low-level infrastructure up! to and i! ncluding applications. Its solutions cover the lifecycle of infrastructure management, including application, database, network, server, storage and systems operations management, as well as incident notification and resolution.
Advisors' Opinion:- [By Seth Jayson]
EPAM Systems (NYSE: EPAM ) reported earnings on May 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), EPAM Systems met expectations on revenues and missed estimates on earnings per share.
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