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Stock Market & Financial Investment News

News Breaks
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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July 24, 2014
07:50 EDTHPQHP, Hortonworks extend strategic partnership
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July 22, 2014
06:17 EDTHPQGlobal notebook shipments to increase 4.3% in Q3, DigiTimes Research says
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05:55 EDTHPQStocks with implied volatility movement; NQ HPQ
Stocks with implied volatility movement; NQ Mobile (NQ) 169, Hewlett-Packard (HPQ) 28 according to iVolatility.
July 21, 2014
10:43 EDTHPQFormer Autonomy CFO challenges proposed HP settlement, Re/code reports
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07:15 EDTHPQO'Reilly to hold a conference
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July 17, 2014
16:13 EDTHPQHP appoints Whitman Chairman, Alcoa's Kleinfeld joins board
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06:28 EDTHPQHP increasing fire-safety audits in China, WSJ reports
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July 16, 2014
16:00 EDTHPQOptions Update; July 16, 2014
iPath S&P 500 VIX Short-Term Futures down 70c to 27.25. Option volume leaders: AAPL FB GOOG AMZN TWTR TSLA C HPQ TWX INTC AMZN according to Track Data.
09:37 EDTHPQActive equity options trading on open
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08:55 EDTHPQBarclays tech hardware analyst holds an analyst/industry conference call
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08:05 EDTHPQHP has positive read through from Intel results, says Pacific Crest
Pacific Crest has an upward bias on its estimates for HP (HPQ) following Intel's (INTC) positive comments on the PC market. The firm thinks that HP's stock could jump another 20% if enterprise PC fundamentals continue to improve. It keeps an Outperform rating on HP.
July 15, 2014
08:09 EDTHPQRalph Whitworth taking leave of absence at Relational INvestors
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08:05 EDTHPQHP announces interim chairman Whitworth resigns for health reasons
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08:02 EDTHPQHP announces resignation of chairman Ralph Whitworth
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06:27 EDTHPQHP looks to crack tablet market in India with phablets, India Times reports
HP has aggressive plans to crack the tablet market in India by breaking into the phablet space, reports the India Times. The company's VP Ivy Liang said the company wants to "crack the right products in the phablet market" as it looks to expand its wings in the Indian market following the moderate success of HP Slate Voice Tabs. HP will now also explore telecom channels for the phablet go-to-market route. Reference Link
06:06 EDTHPQHP implied volatility of 21 at lower end of index mean range
July 14, 2014
11:21 EDTHPQHP added to short-term buy list at Deutsche Bank
08:34 EDTHPQPC market stability could be short-lived, Reuters says
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