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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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November 21, 2014
12:08 EDTHPQHP December volatility elevated into Q4 and outlook
HP November weekly call option implied volatility is at 41, December is at 32, January is at 23, February is at 22; compared to its 26-week average of 26 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on November 25.
November 20, 2014
12:00 EDTHPQAnalyst sees new competition shaking up 3D printing market
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08:04 EDTHPQHP December volatility elevated into Q4 and outlook
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November 19, 2014
16:32 EDTHPQStratasys appoints ex-Hewlett-Packard Chris Morgan as CMO
Stratasys (SSYS) appointed Chris Morgan as Senior VP and Chief Marketing Officer for Stratasys. Morgan is a 25-year veteran of HP (HPQ).
07:46 EDTHPQSymantec, Hewlett-Packard announce DRaaS solution partnership
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November 12, 2014
15:08 EDTHPQEarnings Preview: Cisco reports amid analyst debate on break-up potential
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November 11, 2014
06:03 EDTHPQQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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