Report: HP Could Shut Down webOS by November

Release Date ‎Oct 28, 2011‎ in PC Magazine

 
   

Whitman and HP: So far, so good

MarketWatch - ‎Oct 29, 2011‎
BERKELEY, Calif. (MarketWatch) " As most readers know, I'm not necessarily a fan of Meg Whitman's appointment as chief executive of Hewlett-Packard Co. My complaint, in brief, is that she does not have the core competencies needed to ...

HP on review for possible Moody's downgrade

Times of India - ‎Oct 29, 2011‎
SAN FRANCISCO: Hewlett-Packard Co had its credit ratings placed on review for possible downgrade by Moody's Investors Service after the company decided to keep its personal computer business. Moody's, which rates Hewlett-Packard's long-term debt A2, ...

HP says it won't remove personal computer unit

eTaiwan News - ‎Oct 28, 2011‎
AP Hewlett-Packard Co. has decided against spinning off or selling its PC division " a plan first brought to light in August by the technology conglomerate's now former CEO. HP said Thursday that it reached its decision after evaluating the impact to ...

Moving Forward At HP

Wall Street Journal - ‎Oct 28, 2011‎
Meg Whitman was tapped to lead Hewlett-Packard Co. in hopes she could set the wayward technology giant straight. Some seem to think it's working, so far. Take Larry Pickett, for example. The chief information officer of closely held ...

Report: HP Could Shut Down webOS by November

PC Magazine - ‎Oct 28, 2011‎
New leadership at Hewlett-Packard has dialed back earlier plans to auction off the company's enormous PC business, but a new report from the Guardian suggests that HP may still shut down the webOS business it acquired in its $1.2 ...

Stephen Foley: Now Hewlett-Packard has decided it will not divest, it must ...

The Independent - ‎Oct 28, 2011‎
US Outlook: The "data-driven evaluation" to which Hewlett-Packard has belatedly subjected the proposed spin-off of its personal computer business, probably did not need to go further than measuring the share-price decline on the day it was announced. ...

Hewlett-Packard's Ratings Put on Review for Possible Downgrade by Moody's

Bloomberg - ‎Oct 28, 2011‎
Hewlett-Packard rose 3 percent to $27.79 at 2:13 pm in New York after reaching $28.57, the highest intraday level in more than a month. Hewlett-Packard rose 3 percent to $27.79 at 2:13 pm ...

HP team of 100 helped decide PC unit's fate

Computerworld - ‎Oct 28, 2011‎
Computerworld - Hewlett-Packard's decision to reject the plan to spin-off or sell its PC division came after an intensive, six-week study by a team of 100 people at the company. One of the co-leaders of this study, Tony Prophet, ...

HP stock recovers some ground after PC about-face

CBS News - ‎Oct 28, 2011‎
(AP) SAN FRANCISCO " Hewlett-Packard Co.'s stock recovered some of its recent losses Friday as investors applauded a change of heart about the technology conglomerate's previously announced plan to shed its personal computer decision. ...

HP: Spinning PC Unit off Would Have Cost Billions

PCWorld - ‎Oct 28, 2011‎
Spinning off its PC unit would have been too costly for Hewlett-Packard, and that was one of the reasons why the company backed off from the plan it announced in August, an HP executive said on Friday. ...

HP Stock Recovers Some Ground After PC About-Face

ABC News - ‎Oct 28, 2011‎
Hewlett-Packard Co.'s stock recovered some of its recent losses Friday as investors applauded a change of heart about the technology conglomerate's previously announced plan to shed its personal computer decision. THE SPARK: The about-face announced ...

Hewlett-Packard on Review for Possible Downgrade by Moody's

BusinessWeek - ‎Oct 28, 2011‎
Oct. 28 (Bloomberg) -- Hewlett-Packard Co. had its credit ratings placed on review for possible downgrade by Moody's Investors Service after the company decided to keep its personal computer business. ...

How HP Can Regain Its Swagger

Forbes - ‎Oct 28, 2011‎
Newly named Hewlett-Packard CEO Meg Whitman deserves a great deal of credit for driving the decision to retain HP's personal-systems business. While it's open to debate whether PCs themselves are truly strategic products for HP and its customers, ...

Moody's puts HP ratings under review, stock up

AFP - ‎Oct 28, 2011‎
NEW YORK " Moody's Investor Service put the credit ratings of Hewlett-Packard under review for a possible downgrade Friday, a day after the company said it would retain its personal computer business. The credit ratings agency said the review includes ...

Hewlett-Packard stock rises, Moody's ponders debt downgrade

San Jose Mercury News - ‎Oct 28, 2011‎
Investors reacted warmly Friday morning to Hewlett-Packard's (HPQ) decision to not separate its core personal computer business from the rest of the company, but HP's positive stock movement slowed after a credit-rating agency said ...

HP retracts sale of its personal computer business

Daily Nation - ‎Oct 28, 2011‎
By NATION REPORTER The company had early last month announced intentions to sell off the personal computer business in favour of software development, a decision the US based company now says it has abandoned. Ms Meg Whitman HP president and chief ...

Moody's Puts Hewlett-Packard On Review For Possible Downgrade

Wall Street Journal - ‎Oct 28, 2011‎
Moody's Investors Service has placed all of its ratings for Hewlett-Packard Co. (HPQ) on review for possible downgrades following the technology company's decision to keep its personal computer business. The ratings firm, which currently has HP's ...

Did Waffling on the PC Business Hurt HP?

PC Magazine - ‎Oct 28, 2011‎
By now, you've heard the news: Hewlett-Packard, the largest PC maker in the world, has officially decided that the Personal Systems Group (PSG) "will remain part of the company." Perhaps you'll also remember that it was August 18 ...

Tech News: HP To Keep PCs, AMD Swings To Profit

Forbes - ‎Oct 28, 2011‎
Hewlett-Packard said late Thursday it has officially decided its personal computer unit will remain part of the company. CEO Meg Whitman said HP evaluated the strategic, financial and operational impact of spinning off the unit, and determined that ...

HP shares up after nixing PC spin-off plan

CNET - ‎Oct 28, 2011‎
Hewlett-Packard's stock is trading up today, following the company's decision yesterday to keep its PC business, known internally as the Personal Systems Group, in-house. "HP objectively evaluated the ...

Analysts on HP Decision: A Good Start, but Company Still Has Work to Do

Wall Street Journal (blog) - ‎Oct 28, 2011‎
Many Wall Street analysts approved of the decision announced yesterday by Hewlett-Packard CEO Meg Whitman that the company would retain its PC business. “We believe that Meg Whitman's first strategic move as CEO is encouraging,” wrote ...

H-P boosted by PC move, but doubts remain

MarketWatch - ‎Oct 28, 2011‎
SAN FRANCISCO (MarketWatch) " Hewlett-Packard shares were up Friday, a day after the company said it's keeping its personal computer business, ending speculation that the world's top PC maker might exit that business. ...

HP calls a mulligan, decides to keep its PC division

Christian Science Monitor - ‎Oct 28, 2011‎
Back in August, HP announced it was looking to spin off its faltering PC hardware business. Now the company has made a commitment to keep that division after all. How will HP compete with other manufacturers? By Jeff Ward-Bailey / October 28, ...

HP UK PC team baying for rivals' blood

Register - ‎Oct 28, 2011‎
HP UK's PSG team is unsurprisingly eager to put to bed the disastrous events of the past few months and go on the offensive. CEO Meg Whitman vowed to make a decision on the future ownership of PSG by the end ...

HP decision to keep PC business a positive: Analysts

Economic Times - ‎Oct 28, 2011‎
Hewlett-Packard Co's about-turn on spinning off its PC business is a step in the right direction for the company, but the decision hardly came as a surprise, said Wall Street analysts on Friday. HP, under the leadership of its new Chief Executive Meg ...

HP back in the PC game. Now what?

CNET - ‎Oct 28, 2011‎
Hewlett Packard reaffirmed its commitment to the computer business yesterday, bringing to a close three months of dramatic upheaval. Since August, when HP and then-CEO Leo Apotheker outlined ...

HP ditches costly PC unit spin-off

Reuters UK - ‎Oct 28, 2011‎
A HP Invent logo is pictured in front of Hewlett-Packard international offices near Geneva, August 4, 2009. By Poornima Gupta SAN FRANCISCO (Reuters) - Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster ...

HP scraps plans to spin off PC business

Livemint - ‎Oct 28, 2011‎
PTI New York: Technology giant HP has scrapped the plans to spin off its personal computer unit, about a month after the ouster of its former CEO Leo Apotheker who had mooted this proposal in August last as part of the strategic overhaul. ...

HP, ready for PC price wars, crumbling margins?

CBS News - ‎Oct 28, 2011‎
The HP Compaq 8200 Elite all-in-one PC. Hewlett-Packard says it's going all in on PCs. Hewlett-Packard CEO Meg Whitman crunched the numbers and determined that the company had to keep its PC division. The big question now is how far HP will go on ...

Acer welcomes HP's decision to hold on to PC division

eTaiwan News - ‎Oct 28, 2011‎
Taipei, Oct. 28 (CNA) Taiwan's Acer Inc. said Friday that it is optimistic about a decision made by Hewlett-Packard Co. (HP) a day earlier to hold on to its personal computer division. "I welcome HP making such a decision in light of increasing ...

 

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