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By Aaron Ricadela, Bloomberg |
February 22, 2013
Hewlett-Packard Co., the largest personal-computer maker, forecast fiscal second-quarter profit that exceeded analysts’ estimates, helped by cost-cutting measures and a smaller-than-projected drop in service sales.
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By Rita Nazareth and Sarah Pringle, Bloomberg |
January 17, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a five-year high, amid better- than-forecast initial jobless claims and housing data.
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By Joel Rosenblatt, Bloomberg |
November 26, 2012
Hewlett-Packard Co. was sued by shareholders over its $8.8 billion writedown that the company said was partly related to falsified finances at Autonomy Corp., the British software maker it bought last year.
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November 20, 2012
Hewlett-Packard Co. accused Autonomy Corp., the software maker it bought last year, of a broad range of financial falsehoods resulting in an $8.8 billion writedown.
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By Aaron Ricadela, Bloomberg |
October 4, 2012
Meg Whitman’s strategy for turning around Hewlett-Packard Co. failed to convince investors looking for speedier recovery and more sweeping change at a company struggling to compete in everything from personal computers to technology services.
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By Inyoung Hwang, Bloomberg |
August 23, 2012
U.S. stocks fell, as the Standard & Poor’s 500 Index headed toward its first weekly decline in almost two months, amid concern European leaders aren’t making progress in solving the region’s debt crisis.
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By Aaron Ricadela, Bloomberg |
August 23, 2012
Hewlett-Packard Co. posted a record quarterly loss and reported slumping sales for personal computers and services aimed at businesses, underscoring the turnaround challenge facing Chief Executive Officer Meg Whitman.
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By Aaron Ricadela, Bloomberg News |
May 24, 2012
Hewlett-Packard Co. rose the most in eight months after the world’s largest personal-computer maker announced plans to slice its workforce by 27,000 and reported quarterly sales and profit that topped estimates, buoying optimism for a turnaround.
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By Canaccord Genuity Morning Coffee |
March 27, 2012
Hewlett-Packard is joining the list of large U.S. companies who have either raised or initiated their dividends, announcing a 10% increase in its quarterly payout.
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By Canaccord Genuity Morning Coffee |
February 24, 2012
Hewlett-Packard’s Q1 earnings fell by 44% and the company’s Q2 guidance was weak, sending shares lower
