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February 27, 2013
14:33 EDTHPQHP's Whitman sees revenues back on growth trajectory in FY14
Speaking at the Morgan Stanley Technology, Media & Telecom Conference yesterday afternoon, Meg Whitman, CEO of Hewlett-Packard (HPQ) said, "After 18 months at Hewlett-Packard, I feel like I know what most of the challenges are that this company faces. Whitman also reiterated that the company is still in the midst of a five-year turn-around, but added that with a big cost take-out occurring in 2013, investors will see revenues getting back on a growth trajectory in FY14. As far as the time-table of the HP restructuring. Whitman said, "HP is about halfway through a three-year restructuring and that there are about 15,000 more job cuts to go." When asked about the struggling services unit Whitman said she is confident in seeing growth in 2014. Whitman also clarified a question about a company regulatory filing that said HP would consider disposing of assets and businesses. "This was really more about portfolio rationalization within the portfolio and so not any of our big operating divisions, " said Whitman. In late afternoon trading, Hewlett-Packard shares are trading down fractionally at $19.78
News For HPQ From The Last 14 Days
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April 15, 2015
07:58 EDTHPQTsinghua confirms talks for controlling stake in HP unit in China, WSJ reports
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05:10 EDTHPQHP selects Antonio Lucio as Chief Marketing Officer of HP Inc.
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April 14, 2015
07:47 EDTHPQHP announces new $190M Medicaid contract in Arkansas
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April 13, 2015
19:43 EDTHPQHP reaffirms commitment to the public cloud
In a blog post on HP's website, senior VP Bill Hilf said, "In the past week, a quote of mine in the media was interpreted as HP is exiting the public cloud, which is not the case." Reference Link
April 10, 2015
06:38 EDTHPQHP pullback brings attractive opportunity, says Citigroup
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05:51 EDTHPQStocks with implied volatility movement; HPQ POT
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05:49 EDTHPQStocks with implied volatility movement; HP POT
Stocks with implied volatility movement; HP (HPQ) 23, Potash (POT) 25 according to iVolatility.
April 9, 2015
18:11 EDTHPQWorldwide PC shipments decline 6.7% in Q1, IDC says
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11:04 EDTHPQHP introduces new portfolio of PageWide XL Printers
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05:59 EDTHPQStocks with implied volatility below IV index mean; HPQ ACN
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April 7, 2015
16:55 EDTHPQXerox upgraded to Buy ahead of Q1 results at Citigroup
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07:52 EDTHPQHP, Microsoft partnering on solutions for auto, financial services industries
HP (HPQ) announced it is partnering with Microsoft (MSFT) to deliver solutions for the automotive, public sector and financial services industries to help organizations deliver differentiated products and create new revenue through mobile, web and social channels. HP and Microsoft are building a portfolio of business process accelerators and are delivering them as Business Process as-a-Service solutions, HP stated. HP Business Process as-a-Service solutions for Microsoft Dynamics services are available immediately worldwide. Reference Link

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