Hewlett-Packard Co predicted that overall IT spending would bounce back next year, but set a fiscal 2010 revenue forecast that came in just below Wall Street's expectations.
Hewlett-Packard Co predicted that overall IT spending would bounce back next year, but set a fiscal 2010 revenue forecast that came in just below Wall Street's expectations.
Hewlett Packard Co has forecast that 2010 revenue will be up just 3 percent from 2009 and slightly below Wall Street expectations, despite hope corporate spending on hardware would bounce back.
Hewlett Packard Co on Thursday forecast revenue that is up from 2009 but slightly below what analysts expected, despite hopes that corporate spending on hardware would bounce back.
Hewlett-Packard Co named Internet pioneer Marc Andreessen, 38, to its board of directors, tapping one of the industry's best known investors to help guide the world's biggest PC maker.
Hewlett-Packard Co named Internet pioneer Marc Andreessen, 38, to its board of directors, tapping one of the industry's best known investors to help guide the world's biggest PC maker.
Hewlett-Packard Co reported slightly better-than-expected third-quarter results on Tuesday, helped by strong server sales, but the company expressed caution about business demand, and shares fell 2 percent in extended trading.
Hewlett-Packard Co is considering selling or shutting parts of its outsourcing business to focus on the higher-margin areas of its technology services offering, people familiar with the matter said.
Hewlett-Packard Co gave a disappointing outlook for its full-year revenue as consumers and businesses reduce spending on computers, printers and services, sending its shares down about 5 percent.
Hewlett-Packard Co. on Tuesday reported second quarter net income of $1.7 billion, or 70 cents a share, down from $2.1 billion, or 80 cents a share in the same period last year as sales fell across nearly all the company's business lines.
Hewlett-Packard Corp , due to report results after the market close today, will be looking to showcase its steadiness amid weak corporate spending and a competitive landscape in a state of flux.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday as investors awaited decisions from the Federal Reserve's two-day policy setting meeting.
Hewlett-Packard Co's better-than-expected quarterly results may raise the bar for competitor Dell Inc , which is more vulnerable to U.S. economic woes and reports earnings next week.
Hewlett-Packard, the world's largest personal computer maker, on Monday reported a better-than-expected 28 percent rise in quarterly profit as notebook PC sales increased. The company also said its board authorized an $8 billion additional share buyback program. Net income was $2.16 billion, or 81 cents per share, for its fiscal fourth quarter ended October 31, compared with $1.7 billion, or 60 cents per share, a year earlier.
Hewlett-Packard Co (HPQ.N: Quote, Profile, Research) reported on Thursday a 29 percent rise in quarterly profit and surpassed Wall Street estimates on improving margins from cost cuts and falling component prices, sending its shares up 2 percent.
Hewlett-Packard reached a settlement with California on Thursday over a civil suit involving the company's pretexting scandal. The settlement calls for the firm to pay $14.5 million and implement a series of measures to ensure that its internal investigations are conducted within state law.
U.S. lawmakers on Thursday plan to shine a spotlight on Hewlett-Packard Co.'s snooping into the telephone records of some board members and journalists, a practice that Congress may soon ban. Chief Executive Mark Hurd and former chairman Patricia Dunn will tell their side of the story.
Speaking out for the first time publicly about the growing HP leak probe scandal, the company's CEO, Mark Hurd said on Friday that he knew a fake e-mail was sent to a journalist in an effort to root out the source of leaks at the firm.
Hewlett Packard chief executive Mark Hurd said Friday that he is taking over as the company's chairman effective immediately, replacing Patricia Dunn, who was at the center of the company's spying scandal.
The California attorney general said on Friday there was no evidence yet linking Hewlett-Packard Co. Chief Executive Mark Hurd to any criminal wrongdoing, as scrutiny grew over his role in the PC maker's probe of a boardroom leak.
Hewlett Packard Co.'s Chief Executive Mark Hurd had approved a sting operation on a reporter to investigate boardroom media leaks
Hewlett-Packard Co. said on Tuesday that George Keyworth resigned from its board after he admitted being a source of information for boardroom press leaks.
