Hewlett-Packard ( HPQ) is trending as the company is expected to announce job cuts on Wednesday. HP is scheduled to released its latest quarterly results after the bell, when it's expected to announce as many as 25,000 to 30,000 job cuts. The company's largest round of job reductions came in 2008, when HP slashed 24,600 jobs. The company has indicated its need to cut back on expenses due to declining revenue.
Comcast ( CMCSA) is another popular search. The company has revealed two new products at the NCTA Cable Show that could undercut wireless companies' prices of text messaging and data services. Comcast announced Voice 2Go, a new service available through the Xfinity Connect Mobile App. Through the app, users can make phone calls and send text messages for free using Wi-Fi or 3G/4G cellular networks. The calls and messages would be used through their home phone number and would not count against the user's wireless minutes. The app can be installed on Apple iOS and Google Android devices. Comcast also announced its participation in the CableWiFi network. Four other cable operators joined Comcast in saying they will allow each other's customers to roam onto their public Wi-Fi networks in an effort to drive more traffic onto the cable broadband network, but essentially giving opportunity to customers looking to avoid overage fees from wireless carriers.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.