Mizuho Securities Remains Neutral on Hewlett-Packard (HPQ) Following Analyst Day
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UBS Reiterates Buy on Hewlett-Packard (HPQ) Following Analyst Meeting
September 16, 2015 9:02 AM EDTUBS reiterated a Buy rating and $36.00 price target on Hewlett-Packard (NYSE: HPQ) following the company's analyst meeting. HPQ sees F16 combined EPS in range of $3.52-3.72, about flat from F15 and roughly as expected.
Analyst Steven Milunovich commented, "Our conclusions from the company's... More
BMO Capital Reiterated Market Perform on Hewlett-Packard (HPQ) Following Securities Analyst
September 16, 2015 7:18 AM EDTBMO Capital maintained a Market Perform rating and $33.00 price target on Hewlett-Packard (NYSE: HPQ) following a securities analyst meeting. HPQ is guiding free cash flow to $4.5-5.0 billion (post-restructuring and separation charges) and non-GAAP EPS to $3.52-3.72. Management expects EPS to be negatively impactedby ~$0.60 or $1.0 billion (post-tax).... More
HP says printing and PC business to 'remain tough' in coming quarters
September 15, 2015 9:31 PM EDT(Reuters) - Hewlett-Packard Co (NYSE: HPQ) said it expects the market for its computer and printer business - HP Inc, to remain tough for the "next several quarters," due to weak demand for personal computers.
The 76-year-old company, which has struggled to... More
After-Hours Stock Movers 09/15: (JST) (STRZA) (SIRO) Higher; (PAYC) (HPQ) Lower (more...)
September 15, 2015 5:27 PM EDTJinpan International (NASDAQ: JST) 10.1% HIGHER; announced that its Board of Directors has received a preliminary, non-binding proposal letter dated September 15, 2015 from Li Zhiyuan, the Company's Chairman of the Board of Directors, President, and Chief Executive Officer, and Forebright Smart Connection Technology Limited, to acquire all of the outstanding common shares of the Company not currently owned by the Buyer Group in a going private transaction for $4.50 per common share, subject to certain conditions.
Market Wrap: Industrial Production Slumps in August; H-P Sees Big Job Cuts; Major Dental Supply Merger Announced
September 15, 2015 5:25 PM EDTMarket wrap for September 15th
End of the Day: S&P 500 up 25.1 to 1,978.09; Dow Jones up 228.9 to 16,599.85; Nasdaq up 54.8 to 4,860.52
Market Brief: U.S. markets rallied Tuesday ahead of the FOMC rate decision on Thursday. Generally, many don't expect a hike this week, bringing some relief following a tough market rout over the last few weeks.
Industrial production fell more than expected last month.
Facebook is testing a button that many won't "dislike."
H-P sees massive job cuts following spin of Hewlett Packard... More
HP (HPQ) Updates on Outlook Following Hewlett Packard Enterprise (HPE) Spin; Sees Job Cuts
September 15, 2015 4:40 PM EDTHewlett-Packard (NYSE: HPQ)
Estimates non-GAAP diluted net EPS for fiscal 2016 of $1.85 to $1.95 and GAAP diluted net EPS for fiscal 2016 of $0.75 to $0.85Estimates free cash flow of $2.0 to $2.2 billion in fiscal 2016 or normalized free cash flow of $3.7 billion before separation and restructuring cash paymentsExpects to return at least 50% of free cash flow in fiscal 2016 to shareholders through dividends and share repurchasesToday at HP's 2015 Securities Analysts Meeting, the future Hewlett Packard Enterprise Company leadership team provided a strategy update and financial outlook for the new company.
Meg Whitman,... More
Hewlett-Packard (HPQ) sees cutting 25,000 - 30,000 jobs as part of restructuring - Bloomberg
September 15, 2015 4:34 PM EDTHewlett-Packard (NYSE: HPQ) sees cutting 25,000 - 30,000 jobs as part of restructuring, according to Bloomberg.
... MoreDeutsche Bank Positive on Hewlett-Packard (HPQ) Split and Bullish Heading Into Analyst Day
September 14, 2015 10:49 AM EDTDeutsche Bank maintained a Buy rating on Hewlett-Packard (NYSE: HPQ) with a price target of $45. Analyst Sherri Scribner said she was bullish on the stock heading into the company's analyst day. Scribner expects upbeat but conservative outlook for the two businesses.
"HP is hosting a Securities Analyst Day on Tues, Sept 15 in San Jose where the company will provide two separate sessions to discuss its two new... More
