HP Stories
HP can keep secret report on Hurd departure
Hewlett-Packard Co does not have to turn over to a shareholder an internal report that led to the departure of former chief executive Mark Hurd, Delaware's Supreme Court ruled.
Whitman's top job: restore HP credibility, jumpstart growth
Hewlett Packard's new Chief Executive, Meg Whitman, passed her first test with investors, calming nerves and assuring Wall Street that the technology giant will be disciplined with its investments and focused on core operational improvements.
HP Prods EU Antitrust Authorities Against Oracle
Hewlett-Packard is trying to enlist European antitrust authorities to investigate whether Oracle improperly leveraged its strength in software to freeze HP out of certain parts of the hardware market, attorneys for both companies said in court.
Apple to Surpass HP as World’s Top PC Maker
Apple will displace Hewlett-Packard as the world's top PC maker in early 2012, Canalys estimates. The report lumped tablet sales in with PC sales, arguing that tablets have redefined the personal computer.
HP Profit View Lowered at Deutsche Bank
Deutsche Bank has lowered its profit estimates of Hewlett-Packard Co. (NYSE:HPQ) saying that profit centers of the company's major businesses are structurally handicapped and turnaround will be long and slow.
HP seeks stability in 2012 after rocky year
Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012, after its fourth-quarter profit fell nearly 91 percent on weak computer sales.
Sam's Club's Black Friday 2011 Deals Include Hottest Items at $20 or Less
Sam's Club is offering its members some of the best in-store Black Friday 2011 deals on various items starting at 5 a.m. Friday, Nov. 25 and online starting at 11 p.m. Wednesday, Nov. 23. in its annual Day After Thanksgiving Event (D.A.T.E.).
HP reports revenue above Street estimates
Hewlett-Packard Co's quarterly results exceeded Wall Street's modest expectations, while a weak 2012 earnings forecast underscores that the technology giant is heading into a testing year.
HP Earnings Beat Estimates; $3.3 Billion Writeoff for TouchPad and webOS
Hewlett-Packard, the world’s largest computer company, reported fourth-quarter earnings that exceeded expectations even as sales of PCs and printers fell. As well, the company wrote off a record $3.3 billion of the failure of its TouchPad in the tablet sector.
Black Friday 2011: Hottest Deals Offered by Staples
Black Friday excitement is in full swing with a number of stores offering attractive deals on high demand products
HP, Intel plotted to keep Itanium processor alive: Oracle
Oracle Corp accused Hewlett-Packard C of secretly contracting with Intel Corp to keep Intel's Itanium microprocessor from being phased out, according to a court filing from Oracle in its long-running legal battle with HP over the Itanium platform.
Insight: Is Ray Lane HP's Agent of Change?
When Ray Lane took over as chairman of Hewlett-Packard Co a year ago, he was looking forward to working with longtime associate Leo Apotheker, who had just been appointed CEO to repair the damage done by the messy departure of Mark Hurd.
HP: Does Whitworth Make a Difference?
Hewlett-Packard, the No. 1 computer services company, has elected Ralph Whitworth, a well-known activist investor to its board, its first election since new CEO Meg Whitworth was elected Sept. 25.
HP adds activist investor Whitworth to board
Activist investor Ralph Whitworth is joining Hewlett Packard Co's board after taking a small stake in the Silicon Valley behemoth, a move that may cheer many on Wall Street frustrated by the company's recent decisions.
Stocks in Focus (GME, AMAT, GPS, NTAP, CRM, ROST, SHLD, SJM, HP, INTU)
The companies that are expected to see active trade on Thursday are: GameStop Corp, Applied Materials, GAP Inc, NetApp, Salesforce.com, Ross Stores, Sears Holdings, J M Smucker, Helmerich & Payne and Intuit Inc.
Dell Shares Slip Despite Higher Net on Slowing Sale Fears
Shares of Dell feel 2 percent despite the company's report of higher-tha-expected results.
Dell: Earnings Beat Estimates on Strong Enterprise Sales
Dell, the No. 2 PC maker, reported third-quarter net income rose nine percent, or 49 cents a share, ahead of estimates largely due to stronger sales to enterprise clients.
Ice Cream Sandwich Hacked: Android 4.0 Sent to App Developers
Google sent the source code for its Android 4.0 system update to developers in early November, and they are now free to tinker with the system and add different features to the customizable operating system. One of those features includes hacking Android 4.0 (Ice Cream Sandwich) and building a version that can be downloaded before the official version is sent out to certain devices.
Pre-Market NASDAQ Movers (NLST, CAST, SPIL, AAPL, MKTAY, CADX, ATVI, AIXG, URBN, LOGI)
The top pre-market NASDAQ Stock Market gainers are: Netlist, ChinaCast Education, Siliconware Precision Industries, Apple, and Makita. The top pre-market NASDAQ Stock Market losers are: Cadence Pharmaceuticals, Activision Blizzard, Aixtron, Urban Outfitters, and Logitech International.
Post-Market NASDAQ Movers (NLST, VNET, CYTX, SWSH, ACXM, SYMC, GURE, URBN, Z, ARRS, TTWO)
The top after-market NASDAQ Stock Market gainers are: Netlist, 21Vianet Group, Cytori Therapeutics, Swisher Hygiene, Acxiom, and Symantec. The top after-market NASDAQ Stock Market losers are: Gulf Resources, Urban Outfitters, Zillow, Arris Group, and Take-Two Interactive Software.
Black Friday Guide 2011: Deals, Sales and Doorbusters
This Black Friday Guide has all the deals, sales and doorbusters frugal shoppers need to know about when looking to get a jump on holiday shopping on the cheap.
Dell: Earnings May Hint if PC Giant Moving More Upscale
Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.
Cisco Shares Keep Rising as Chambers Wins Plaudits
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, kept up their two-day upward spree after the company reported first-quarter results that slightly beat expectations.
Cisco Systems Shares Soar After Solid Profit Report
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, soared nearly seven percent Thursday after the company reported first-quarter results that slightly beat expectations.
Black Friday 2011: Best Deals From Prominent Brands and Stores
Even the online shopping Web sites are way ahead in the best price race, by offering the finest deals, free shipping and other attractive offers to its customers online. The early bird and Super Saturday offers add even more excitement to the biggest shopping day of the year.
Leaked Black Friday Ad Details, Expect Huge Savings for 2011
Black Friday is quickly approaching with just three weeks left, as customers eagerly await sale announcements from their favorite stores. Luckily for some, certain ads have already leaked to the public, allowing customers to map out exactly what they want and exactly where they need to go to get it.
Cisco Systems: First-Quarter Results Beat Expectations
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
Cisco Systems: Nervous Investors Await Profit News
Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.
Tablet Wars: Apple Share Must Fall as Consumers Win
Now that the two biggest U.S. booksellers are solidly in the tablet market, investors and consumers can reach two solid conclusions: Apple’s market share will decrease and prices will start falling.
Exclusive: HP weighing sale of webOS unit
Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.