Hewlett-Packard no longer likes the PC business, but investors aren't liking HP at the moment on that news. One day after HP said it is considering shedding its PC unit, which currently comprises 30 percent of company sales, investors shed the company's stock, sending HP shares plunging to near six-year lows.
Two weeks on, why not end the Verizon strike with a federal mediator?
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IBM says its new chip comes closer than anything done before at replicating the human brain, a breakthrough considering the system is capable of rewiring its connections as it encounters new information the same way a human brain would.
Technology giant Hewlett-Packard (NYSE:HPQ) announced a series of developments Thursday, including the potential spin-off of its personal computer business.
Hewlett-Packard is making a bold move to reshape its business that analysts are applauding as having long-term upside. In the short term, however, investors are concerned about the cost and risks involved -- sending HP shares down 16.23 percent Friday in pre-market trading.
Verizon provides a very high annual dividend yield -- on the order of 5.6 percent.
In a bold move, Apotheker -- who took the job as HP CEO in November -- has decided to spin off the company's PC unit that accounted for 30 percent of sales in the most recent quarter. But it's not hard to understand why, since HP's PC unit, despite being the largest in the U.S., generated only a 5.9 percent operating margin.
Technology giant Hewlett-Packard (NYSE:HPQ) is probably following in the footsteps of peer IBM by planning to exit the PC business to focus on software space.
Researchers at IBM are collaborating with the U.S. Defense Advanced Research Projects Agency for the Phase 2 of the much speculated cognitive computing project called SyNAPSE.
Hewlett-Packard is considering a sale of its personal computer unit and will kill of its Web tablet that was launched a month ago.
Hewlett-Packard Co may spin off the world's largest PC business, part of a wrenching series of moves away from the consumer market, including killing its new tablet and buying British software company Autonomy Corp for as much as $11.7 billion.
From the first trading day after the strike was announced, Aug. 8, through the close of business on Aug. 17, Verizon shares rose 7.52 percent.
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Hewlett-Packard may announce a bold plan as early as today to completely remake the company -- shedding its PC unit and acquiring enterprise software company Autonomy Corp for $10 billion.
IBM has developed a new microprocessor the company claims comes closer than anything done before at replicating the human brain.
Are computers finally taking over the world? Not yet but IBM is hoping to make computers more humanlike.
The company calls it an ?unprecedented? step in creating intelligent computers.