3 hrs ago | MSN Money
Few companies have had more drama in the past few years than Hewlett-Packard . Not only was CEO Mark Hurd fired in 2010 amid a sexual harassment investigation, but his successor, Leo Apotheker, also got the boot just a year later.
5 hrs ago | MSN Money
Hewlett-Packard did something that practically defies the laws of physics: It reported a 10% revenue decline for its fiscal second quarter ended April 30, along with correspondingly soft earnings -- yet saw its stock rocket ahead 17%, to $24.86. The quick explanation was that relieved investors had braced for even worse results.
"You thought they were going to miss big and they didn't," Cramer said. He also noted there were a lot of short-sellers in the name who expected some bad numbers because of Dell's recent woes.
Good day, ladies and gentlemen, and welcome to the second quarter 2013 Hewlett-Packard earnings conference call.
Hewlett-Packard Co. was the star on Wall Street Thursday, as the stock rallied on the tech giant's results despite a broad market slump - closing the day with its biggest one-day gain in more than a decade.
U.S. stocks edged down on Thursday but rebounded sharply from their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
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These solutions will be showcased May 22-24 in Booth No. 201 at Citrix Synergy in Los Angeles.
Pre-Market Movers Hewlett-Packard Company, GameStop Corp, Ocean Rig UDW, Syngenta AG, ExOne Co., Cleantech Solutions International, 3D Systems Corporation, Advanced Micro Devices and Molycorp Inc.
Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.
U.S. stocks fell, with benchmark indexes retreating from record highs, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.
Hewlett-Packard Co. , the largest personal-computer maker, forecast fiscal third-quarter profit that topped analysts' estimates after the company cut costs to counter slumping demand for desktops and laptops.
Today: Tesla repays its federal loan early and Hewlett-Packard avoids a big dip in profit despite personal-computer industry's downfall.
Hewlett-Packard declared a quarterly dividend on Wednesday, May 22nd, AnalystRatings.Net reports.
Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
The venerable Palo Alto company said it earned a profit of a little more than $1 billion on sales of $27.6 billion, which amounted to earnings of 55 cents per share.