Fortify Software News

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

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.

Deutsche Telekom AG doesn't view a complete sale of its U.S. wireless unit T-Mobile USA as likely after the failed attempt to sell the division to AT&T Inc.

Hewlett-Packard Co. shares jumped 6 percent Thursday morning . 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.

The restructuring is expected to generate annualized savings in the range of $3.0 to $3.5 billion exiting fiscal year 2014, of which the majority will be reinvested back into the company.

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.

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.

BUYINS.NET: Market Maker Surveillance Report. T, HPQ, WFT, AA, MSFT, GWBU, Bullishly Biased Price Friction For Thursday, May 17th 2012 BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday.

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 .

Gigamon , a provider of traffic visibility solutions, has appointed Paul Shinn as general counsel.

PALO ALTO, CA, May 14, 2012 -- HP issued the following statement in response to today's ruling in the ongoing litigation with Oracle relating to the Intel Itanium platform: "HP is pleased that the Court ruled that the language in the HP/Oracle agreement can be interpreted to require Oracle to continue porting its software products to the HP ... (more)

PALO ALTO, CA -- -- 05/14/12 -- HP today announced that a growing list of organizations, including Office Depot, Pace University and Global Experience Specialists Inc., are choosing HP Managed Print Services to streamline information workflows and manage their printing infrastructures.

PALO ALTO, CA -- -- 05/09/12 -- HP will conduct a live audio webcast of its conference call to review its financial results for the second fiscal quarter ended April 30, 2012.

PALO ALTO, CA -- -- 05/01/12 -- HP and The UPS Store franchise network today announced that more than 4,300 The UPS Store locations nationwide are now a part of the HP ePrint Public Print Locations network.

ICD Research's "Hewlett-Packard Company: Technology and Communications Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations.