International Business News - HP http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Hewlett-Packard Co. plans to create a new factory for desktop and laptop computers in the Chinese city of Chongqing, it said Thursday. HP already has several facilities in China, and is the second-largest maker of PCs in the country, it said. http://www.ibtimes.com/articles/20081009/hp-to-create-new-pc-factory-in-china.htm Thu, 09 Oct 2008 12:50:25 EDT Among all the profiles on MySpace, the social networking site's users have uploaded almost 4 billion photos. Now through an agreement with Hewlett-Packard Co., MySpace hopes people will increasingly print these images and, eventually, buy photo-embellished merchandise, too. http://www.ibtimes.com/articles/20081007/myspace-hp-in-deal-to-encourage-photo-printing.htm Tue, 07 Oct 2008 15:56:57 EDT Computer maker Hewlett-Packard Co. will cut 1,400 jobs in Germany over the next two years as part of a worldwide restructuring effort, a company spokesman said Monday. http://www.ibtimes.com/articles/20081006/hp-plans-1-400-job-cuts-in-germany.htm Mon, 06 Oct 2008 07:09:29 EDT When Hewlett-Packard Co. announced five months ago it was acquiring technology-services firm Electronic Data Systems Corp., Wall Street expected big layoffs from the combined company. http://www.ibtimes.com/data/articleimgs/131339-hp-eds-restructuring.jpg http://www.ibtimes.com/articles/20080916/surprises-wall-street-with-size-eds-job-cuts.htm http://www.ibtimes.com/articles/20080916/surprises-wall-street-with-size-eds-job-cuts.htm Tue, 16 Sep 2008 00:41:06 EDT Hewlett-Packard Co. said Monday it plans to slash 24,600 jobs over the next three years, nearly 8 percent of its work force, as it combines operations with Electronic Data Systems Corp., the technology-services company it recently acquired. http://www.ibtimes.com/articles/20080915/hp-to-cut-24-600-jobs-in-eds-integration.htm Mon, 15 Sep 2008 21:54:02 EDT Hewlett-Packard Co. said Tuesday that it finished its $13.9 billion acquisition of technology services company Electronic Data Systems Corp. The deal, which was announced in May, was approved by the European Commission and by EDS shareholders in July. The acquisition also passed the regulatory waiting period in the U.S. without a request for more information by the Justice Department or Federal Trade Commission. http://www.ibtimes.com/articles/20080826/hp-finishes-13-9-billion-eds-purchase.htm Tue, 26 Aug 2008 08:41:09 EDT Contract driller Helmerich & Payne said Thursday its third-quarter profit rose 9 percent, powered by growth in its U.S. land rig operations. Helmerich & Payne said it made $125.4 million, or $1.18 per share, for the quarter ended June 30, compared with $115.2 million, or $1.09 per share, a year ago. Revenue rose to $522.5 million from $421.3 million. http://www.ibtimes.com/articles/20080731/helmerich-payne-profit-up-9-percent-in-3q.htm Thu, 31 Jul 2008 14:10:42 EDT Standard & Poor's Inc. included 18 U.S. energy companies among 73 companies based in the United States that made its annual Global Challengers, a list released Wednesday of mid-sized companies that show the "highest growth characteristics." http://www.ibtimes.com/articles/20080724/s-p-names-18-us-energy-companies-as-likely-to-grow.htm Thu, 24 Jul 2008 07:18:07 EDT A shareholder group is trying to pressure Electronic Data Systems Corp. into demanding more than the $13.2 billion that Hewlett-Packard Co. has offered for the technology services company. http://www.ibtimes.com/articles/20080722/hp-eds-deal-price-at-issue-in-court-hearing.htm Tue, 22 Jul 2008 10:23:45 EDT An executive who worked at IBM Corp. for nearly a decade pleaded guilty Friday to stealing trade secrets about the company's pricing and trying to pass them off to his superiors at rival Hewlett-Packard Co. when he took a job there. http://www.ibtimes.com/articles/20080711/fmr-hp-exec-pleads-guilty-in-trade-secrets-case.htm Fri, 11 Jul 2008 19:55:01 EDT Singapore-based electronics manufacturer Flextronics International Ltd. said Tuesday its computing segment was picked by Hewlett-Packard Co. to design and manufacture a consumer notebook computer. http://www.ibtimes.com/articles/20080624/flextronics-to-design-hewlett-packard-laptop.htm Tue, 24 Jun 2008 13:23:55 EDT Hewlett-Packard Co. is reshuffling a highly profitable division that makes computer printers and ink cartridges in a shake-up likely to trigger job cuts. http://www.ibtimes.com/articles/20080618/job-cuts-likely-in-hps-overhaul-of-printing-group.htm Wed, 18 Jun 2008 20:50:51 EDT Electronic Data Systems Corp. will hold a special meeting for shareholders to vote on Hewlett-Packard Corp.'s $13.2 billion bid for the technology services firm. http://www.ibtimes.com/articles/20080618/eds-schedules-shareholder-vote-on-hp-bid.htm Wed, 18 Jun 2008 15:46:51 EDT A director at contract drilling company Helmerich & Payne Inc. sold 20,000 shares of common stock, according to a Securities and Exchange Commission filing Monday. http://www.ibtimes.com/articles/20080617/helmerich-payne-director-sells-20-000-shares.htm Tue, 17 Jun 2008 14:21:23 EDT Hewlett-Packard Co. unveiled a new ultra-thin laptop on Tuesday. http://www.ibtimes.com/articles/20080610/voodoo-envy.htm Tue, 10 Jun 2008 16:44:27 EDT Shares of oilfield services companies fell Tuesday after an analyst said their share prices "fairly reflect the continued growth we anticipate." Since Feb. 6, the Philadelphia Oil Service Sector Index, or OSX, has climbed about 37 percent. http://www.ibtimes.com/articles/20080610/sector-snap-oilfield-services-decline.htm Tue, 10 Jun 2008 13:53:01 EDT Hewlett-Packard Co. unveiled new and updated PCs on Tuesday, among them a laptop that is thinner than the meatiest point on Apple Inc.'s MacBook Air. The world's largest PC maker is releasing a high-end laptop under its Voodoo brand called the Voodoo Envy 133, which is 0.7 inches thick--slimmer than the Air's thickest point, which is 0.76 inches thick. The device comes with a 13.3-inch screen, Intel processor and multi-gesture touchpad. http://www.ibtimes.com/data/articleimgs/68016-hp.jpg http://www.ibtimes.com/articles/20080610/laptops-thinness-rivals-apples-macbook-air.htm http://www.ibtimes.com/articles/20080610/laptops-thinness-rivals-apples-macbook-air.htm Tue, 10 Jun 2008 09:42:51 EDT The chief financial officer of contract drilling company Helmerich & Payne Inc. exercised options for 20,000 shares of common stock, according to Securities and Exchange Commission filings. http://www.ibtimes.com/articles/20080605/helmerich-payne-cfo-exercises-options.htm Thu, 05 Jun 2008 13:51:21 EDT Among the stock activity stories for Wednesday, June 4, from AP Financial News: NEW YORK (AP)--Shares of Helmerich & Payne Inc. rose more than 2 percent Wednesday after Goldman Sachs urged investors to buy shares of the contract oil driller. http://www.ibtimes.com/articles/20080604/movers-roundup-helmerich-payne-novartis.htm Wed, 04 Jun 2008 14:25:15 EDT Shares of Helmerich & Payne Inc. rose Wednesday after Goldman Sachs urged investors to buy shares of the contract oil driller. The investment bank began covering the Tulsa, Okla. company Tuesday evening with a "Buy" rating. http://www.ibtimes.com/articles/20080604/helmerich-payne-shares-rise-after-buy-call.htm Wed, 04 Jun 2008 19:12:51 EDT