HP shares slide due to lackluster 2012 forecastmsnbc.com - 22 Nov, 2011NEW YORK â€" Shares of Hewlett-Packard Co. took a hit Tuesday after the technology company gave a lackluster forecast for fiscal 2012. THE SPARK: In its first earnings report since Meg Whitman took over as CEO, HP said it expects earnings of 83 cents to ... |
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HP: The Street Gives Meg Mixed Reviews In First Qtr As CEOForbes - 22 Nov, 2011While Hewlett-Packard posted better-than-expected results for the fiscal fourth quarter ended October â€" the first reporting period with CEO Meg Whitman at the helm â€" the stock is trading lower on lingering concerns about the lack of top-line growth and ... |
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Hewlett-Packard stock falls after earnings reportSan Jose Mercury News - 22 Nov, 2011Hewlett-Packard's (HPQ) fourth-quarter earnings report, which included the dark cloud of its WebOS failure, hit the Palo Alto tech giant's stock price Tuesday. HP's share price fell as much as 6 percent in ... |
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Hewlett-Packard Goes Back to BasicsToronto Star - 22 Nov, 2011New CEO Meg Whitman used Hewlett-Packard's HPQ fourth-quarter conference call to send a clear message to investors: Management is focused on operating the businesses that HP already owns, not lusting after acquisitions. ... |
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At HP, Whitman cuts down on dramaCNNMoney - 22 Nov, 2011Meet the new Hewlett-Packard -- prudent, frugal and, well, kind of boring. That is, of course, if new CEO Meg Whitman has her way. FORTUNE -- On her first earnings call with investors since ... |
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H-P retreats as Whitman lowers viewsMarketWatch - 22 Nov, 2011SAN FRANCISCO (MarketWatch) â€" Shares of Hewlett-Packard slipped Tuesday morning, a day after the company reset expectations lower and pointed to a tough year ahead under new Chief Executive Meg Whitman. ... |
US stocks edge down on GDP reportFinancial Times - 22 Nov, 2011Hewlett-Packard shares slumped in morning trading, as investors reacted with dismay to the company's pessimistic outlook for 2012, set out in its quarterly earnings statement. Shares were down 4.8 per cent to $25.57, ... |
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HP Slumps 4%: The Road To Recovery, And It's A Long OneBarron's (blog) - 22 Nov, 2011Shares of Hewlett-Packard (HPQ) are down $1.13, or 4%, at $25.73, after the company last night beat fiscal Q4 revenue and profit expectations, but performed a “reset,” if you will, forecasting this quarter and the year's profit below ... |
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Hewlett-Packard Chief Aims to Rebuild After Year of 'Drama'San Francisco Chronicle - 22 Nov, 2011Nov. 22 (Bloomberg) -- Meg Whitman, who took over as Hewlett-Packard Co.'s chief executive officer two months ago, used her first earnings conference call to tell investors they need to lower their expectations. Hewlett-Packard's first-quarter profit ... |
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HP Earnings Fall Short, Whitman Looks To FutureInformationWeek - 22 Nov, 2011Meg Whitman's HP is focused more on the next decade than the next quarter, she says. And her HP has plenty of use for the personal systems business. By Fritz Nelson InformationWeek Hewlett-Packard needs to "get out of the news cycle and reduce the ... |
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Stocks to Watch: Netflix, Hewlett-PackardWall Street Journal (blog) - 22 Nov, 2011Netflix said it agreed to raise about $400 million in cash from selling stock and bonds that can be converted into stock, a move seen by analysts as a sign that efforts to acquire video content are proving expensive. ... |
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Hewlett-Packard's turbulent year ends in earnings slumpThe Guardian - 22 Nov, 2011Hewlett-Packard's fourth-quarter earnings dropped 91% as the troubled information technology company dealt with the fallout from its failed foray into tablet computers and the ousting of its chief executive. The computer firm has had a turbulent year ... |
US Stock Futures: HOT STOCKS TO WATCHWall Street Journal - 22 Nov, 2011Among the companies whose shares are expected to actively trade in Tuesday's session are Netflix Inc. (NFLX), Hewlett-Packard Co. (HPQ) and Medtronic Inc. (MDT). Netflix said it agreed to raise about $400 million in cash from selling stock and bonds ... |
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For HP, a tough road aheadCNET - 22 Nov, 2011Hewlett-Packard's fourth quarter showed that the company has stabilized, but the outlook for 2012 indicates that there are multiple landmines ahead. In fact, the longer HP CEO Meg Whitman and CFO Cathie ... |
Stocks to watch Tuesday: Hormel, Netflix, HPMarketWatch - 22 Nov, 2011By MarketWatch WASHINGTON (MarketWatch) â€" Among the stocks that could see active trade in Tuesday's session are Netflix Inc., Hormel Foods Corp. and Hewlett-Packard Co. Hormel Foods /quotes/zigman/227790/quotes/nls/hrl HRL +1.32% is also on Tuesday's ... |
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US Stock Futures: HOT STOCKS TO WATCHWall Street Journal - 22 Nov, 2011Among the companies whose shares are expected to actively trade in Tuesday's session are Hewlett-Packard Co. (HPQ), Brocade Communications Systems Inc. (BRCD) and Collective Brands Inc. (PSS). Hewlett-Packard's fiscal fourth-quarter earnings dropped ... |
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HP's Meg Whitman backs Autonomy dealTelegraph.co.uk - 22 Nov, 2011Meg Whitman said growing Autonomy was her “priority one, two and three” at Hewlett Packard, as she warned that the troubled IT company would not make any more acquisitions of that scale. By Katherine Rushton, Media, Technology Hewlett Packard acquired ... |
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HP: Five landmines ahead for 2012ZDNet (blog) - 22 Nov, 2011Summary: There are no quick fixes for HP. Here's a look at five particularly worrisome areas for HP in 2012. HP's fourth quarter showed that the company has stabilized, but the outlook for 2012 indicates ... |
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Apotheker's reign causes HP's profits to plummetInquirer - 22 Nov, 2011Perhaps unsurprisingly for a firm that has been spinning between dramatic decisions for the last year, HP posted a drop in net income of 91 per cent in its fourth quarter. New CEO Meg Whitman admitted during a conference call with analysts ... |
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HP margin trends support PC spin-offMarketWatch - 22 Nov, 2011SAN FRANCISCO (MarketWatch) â€" Based on the latest quarterly numbers reported by Hewlett-Packard on Monday, the company's operating margin trends support the strategy put forth by ousted former chief executive Leo Apotheker, ... |
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Hewlett-PackardCNET (blog) - 22 Nov, 2011After Hewlett-Packard reported earnings today , CEO Meg Whitman said that the Googles and Facebooks of the world are coming to HP to get servers because of the dearth of hard disk drives. Whitman was responding to a question from an analyst during ... |
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HP Q4 profit falls 91%Times of India - 22 Nov, 2011Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012. SAN FRANCISCO: Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012, ... |
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HP CEO: 'Googles, Facebooks calling us' due to HDD shortageCNET (blog) - 22 Nov, 2011After Hewlett-Packard reported earnings today, CEO Meg Whitman said that the Googles and Facebooks of the world are coming to HP to get servers because of the dearth of hard disk drives. ... |
HP forecast falls short of estimatesSan Francisco Chronicle - 22 Nov, 2011Paul Sakuma / AP Hewlett-Packard Co. forecast first-quarter profit that missed analysts' estimates, a sign that Chief Executive Officer Meg Whitman may struggle with the slump that led to the ouster of predecessor LĂ©o Apotheker. ... |
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Hewlett-Packard revenue falls 3 percent; profit plunges 91 percentSan Jose Mercury News - 22 Nov, 2011Closing the books on a year of upheaval for Hewlett-Packard (HPQ), new CEO Meg Whitman warned Monday that HP expects lower revenue and profit in 2012, while promising more reliability and less "drama" as the venerable tech giant seeks ... |
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Hewlett's Profit Falls 91%, but It Beats ExpectationsNew York Times - 22 Nov, 2011SAN FRANCISCO â€" Meg Whitman tried to stay positive Monday, even as she was managing sharply lower expectations about Hewlett-Packard's near-term prospects. “We've got some rebuilding to do,” said Meg Whitman, the new Hewlett-Packard ... |
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HP Net Plunges as Firm RebootsWall Street Journal - 22 Nov, 2011Hewlett-Packard Co. announced a sharp drop in quarterly profit and issued a cautious outlook for the current period and fiscal year, moves suggesting the company hopes to hit the reset button after more than a year of turmoil. ... |
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Whitman sets low bar for HP's earningsFinancial Times - 22 Nov, 2011Hewlett-Packard's new chief executive Meg Whitman has set a low bar for the technology group's prospects next year after sharply cutting earnings forecasts, citing restructuring efforts and the global economy. ... |
Summary Box: HP results show challenge for WhitmanCBS News - 22 Nov, 2011(AP) SAN FRANCISCO â€" HP'S TROUBLES: Hewlett-Packard Co.'s first earnings report with Meg Whitman as CEO highlights the troubles she faces in setting a new course for the besieged company. HP's PERFORMANCE: The latest quarterly numbers beat Wall ... |
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HP boss promises return to stabilityThe Independent - 22 Nov, 2011Stephen Foley is Associate Business Editor of The Independent, based in New York. In a decade at the paper, he has covered personal finance, the UK stock market and the pharmaceuticals industry, and been the Business section's share tipster. ... |
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