ESS Technology News

Hewlett-Packard Company Enterprise Services reports that the Oklahoma State and Education Employees Group Insurance Board, which is a state agency that supplies insurance benefits to Oklahoma's employees and educators, has completed a contract for H-P to continue providing claims processing and other services.

Kadifa most recently was operating partner for the value creation team at the Silver Lake private equity firm.

The Fremont-based company specializes in high performance audio/video and radio frequency technologies for the consumer market.

Mr. Forman joined ESS British Columbia Holdings in April 2001 as a Design Engineer and has contributed to the design of all of ESS's industry leading audio products since that time.

The company provides products, technologies, software, solutions and services to its customers across the world.

Google purchases Hewlett-Packard's webOS team, perhaps for considerably less than the asking price of $1.2 billion, according to The Verge .

Hewlett-Packard Company's Enyo HTML 5 development project will be led by a team of around six people hired by Google , say sources to AllThingsD .

The Dow Jones Industrial Average is trading down 41.0 points at 12,488 as of Friday, May 25, 2012, 12:35 p.m. ET.

Markets closed mixed on Wall Street today:A Dow A +0.27%,A S&P A +0.14%,A Nasdaq A -0.38%,A Oil + 1.20%,A Gold A +0.68%. On the commodities front,A Oil A rose to $90.98 a barrel.

CEO Meg Whitman is expected to outline a restructuring plan on Wednesday after the company posts earnings, according to the Silicon Valley / San Jose Business Journal.

Shares of Hewlett-Packard Co. surged more than 10 percent in late trading. The world's largest PC supplier reported that adjusted net income for the second-quarter came in at 98 cents per share, beating the mean estimate of 91 cents per share.

Hewlett-Packard rose in after-hours trading after the company beat earnings expectations for the second quarter.

Hewlett-Packard Company should post its second quarter earnings today in a conference call, after the market closes.

Dell shares were crashed over 13 percent after its first quarter earnings missed expectations and the company offered no earnings per share guidance.

Hewlett-Packard Company operates in the Diversified Computer Systems industry. Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses, as well as to the government, health, and education sectors worldwide.

Shares are slated to open at $45 per share according to the Nasdaq. Facebook is one of the most feverishly anticipated debuts on Wall Street in a long time.

Hewlett-Packard will start its restructuring plans with massive job cuts over a relatively long period of time, with at least 8 percent of the company's workforce being potentially laid off.

MEMC Electronic Materials, Inc. shares have fallen Thursday to levels last visited in 2001.

Reports that cite unnamed sources on AllThingsDigital, Bloomberg and Business Insider vary on the size of the work force reduction at Palo Alto-based HP .

CEO Meg Whitman said in March HP will combine its PC and printing divisions, as well as increase research and development of new products.