New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent HPQ news | >>
October 17, 2014
06:21 EDTHPQHP dismisses concerns about drop in global notebook market share, DigiTimes says
HP has dismissed concerns from Taiwan supply chain makers that say the company's global notebook market share may drop significantly following the split, reports DigiTimes. According to makers, HP said it will maintain notebook operations with 2015 target shipments of at least 31M units. Reference Link
October 16, 2014
07:21 EDTHPQHP split-up speaks to value of businesses, says Brean Capital
Brean Capital thinks the HP plan to split into two companies speaks to the inherent value of its businesses. The firm believes the split could be a beginning, with the next phase consisting of M&A activity. Brean Capital maintains its Buy rating and $45 price target on HP shares.
October 15, 2014
12:36 EDTHPQOn The Fly: Midday Wrap
Subscribe for More Information
10:02 EDTHPQOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:20 EDTHPQOn The Fly: Pre-market Movers
Subscribe for More Information
08:15 EDTHPQHP resumes buyback with EMC merger talks reportedly over
Subscribe for More Information
08:08 EDTHPQHP up 1% to $32.60 after resuming buyback, reaffirming outlook
08:07 EDTHPQHP reaffirms outlook for FY14, FY15
HP reaffirms its FY14 estimate of non-GAAP EPS to be in the range of $3.70-$3.74, which excludes after-tax costs of approximately $1.10 per share, related primarily to restructuring charges and amortization of intangible assets. The consensus estimate is $3.73. For FY15, HP reaffirms its estimate of non-GAAP EPS to be in the range of $3.83-$4.03, which excludes after-tax costs of approximately 60c per share, related primarily to amortization of intangible assets and restructuring charges. The consensus estimate is $3.94. HP reaffirms its FY15 operating cash flow outlook of $10B-$10.5B, with free cash flow of $6.5B-$7B.
08:04 EDTHPQHP resumes share repurchase program under current authorization
Subscribe for More Information
08:03 EDTHPQHP announces resumption of share buyback program
06:32 EDTHPQTablet supply chains expect lagging orders in Q4, DigiTimes reports
Subscribe for More Information
06:14 EDTHPQHP, EMC halt merger agreement discussions, Reuters says
Subscribe for More Information
October 14, 2014
07:47 EDTHPQHP awarded $50M Medicaid contract extension by Massachusetts
Subscribe for More Information
October 13, 2014
11:46 EDTHPQHP nears six-month lows, levels to watch
Subscribe for More Information
09:23 EDTHPQHP could buy lower valuation company, says Bernstein
Subscribe for More Information
09:21 EDTHPQOn The Fly: Pre-market Movers
Subscribe for More Information
October 10, 2014
17:29 EDTHPQSilver Lake said to shelve effort to buy Shutterfly, Snapfish, Bloomberg says
Subscribe for More Information
17:14 EDTHPQMarket ends week lower amid global growth worries
Subscribe for More Information
16:58 EDTHPQSilver Lake said to shelve effort to buy Shutterfly, Snapfish, Bloomberg says
Subscribe for More Information
10:01 EDTHPQOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 2U (TWOU) initiated with an Outperform at Pacific Crest... Bloomin' Brands (BLMN) initiated with an Outperform at BMO Capital... Brinker (EAT) initiated with a Market Perform at BMO Capital... Buffalo Wild Wings (BWLD) initiated with an Outperform at BMO Capital... Chipotle (CMG) initiated with a Market Perform at BMO Capital... Chuy's (CHUY) initiated with a Market Perform at BMO Capital... Darden (DRI) initiated with a Market Perform at BMO Capital... EMC (EMC) initiated with a Buy at Jefferies... EPR Properties (EPR) initiated with a Buy at BofA/Merrill... HP (HPQ) initiated with a Hold at Jefferies... IBM (IBM) initiated with an Underperform at Jefferies... McDermott (MDR) initiated with an In-Line at Imperial Capital... NetApp (NTAP) initiated with a Hold at Jefferies... New Residential (NRZ) initiated with a Neutral at Piper Jaffray... Nimble Storage (NMBL) initiated with a Buy at Jefferies... Noodles & Company (NDLS) initiated with an Outperform at BMO Capital... PDC Energy (PDCE) initiated with an Overweight at Stephens... Panera Bread (PNRA) initiated with a Market Perform at BMO Capital... Pioneer Natural (PXD) initiated with an Outperform at Imperial Capital... Resource America (REXI) initiated with a Buy at MLV & Co.... Rex Energy (REXX) initiated with an Overweight at Stephens... Seagate (STX) initiated with a Buy at Jefferies... Silicon Motion (SIMO) initiated with a Buy at Brean Capital... Texas Roadhouse (TXRH) initiated with a Market Perform at BMO Capital... W.P. Carey (WPC) initiated with a Neutral at BofA/Merrill... Wayfair (W) initiated with a Buy at Janney Capital...Western Digital (WDC) initiated with a Buy at Jefferies... Yelp (YELP) initiated with a Buy at Sterne Agee.
1 | 2 | all recent HPQ news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use