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Market Wrap For April 1: S&P 500 Hitting New All-Time High Not An April Fools' Joke
Tuesday, April 1, 2014 - 4:47pm | 1704Read More...U.S. stocks kicked off a new month and new quarter with solid gains as U.S. manufacturing growth improved in March. The indexes have now logged a three-day winning streak, an accomplishment which was completely absent throughout all of March. The S&P 500 hit new all-time highs of 1,885.84...
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Should Hewlett-Packard Break Itself Up?
Friday, December 7, 2012 - 10:29am | 366Read More...As its share price has declined, the value of Hewlett-Packard (NYSE: HPQ) has sunk below the $31 billion it has spent over the past five years on takeover targets. The company is now worth a little more than $27 billion. Much of the blame can be placed on the aggressive acquisition strategies of a...
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Nearly Half of Traders Think Hewlett-Packard Should Fire its Board
Wednesday, November 21, 2012 - 1:34pm | 389Read More...Hewlett-Packard (NYSE: HPQ) is up more than two percent Wednesday after losing nearly 12 percent of its value at market close yesterday. The imperiled company has been taking some heat from investors who were troubled by the Autonomy accounting controversy. In a poll conducted over the last 24...
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HP Does 180, Keeps PC Unit
Thursday, October 27, 2011 - 4:59pm | 225Read More...Tonight after the market closed, Hewlett Packard (NYSE: HPQ) announced it would be keeping its personal computer unit in house, and not spinning it off as the company had said it would earlier this year. “HP objectively evaluated the strategic, financial and operational impact of spinning off PSG...
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Hewlett-Packard Pulls a Netflix, May Not Separate PC Division
Wednesday, October 12, 2011 - 10:08am | 278Read More...It's a good month for undoing bad mistakes. Earlier this week, Netflix (NASDAQ: NFLX) announced that it had cancelled its ridiculous plans to split its streaming and DVD businesses into two separate companies. Now it seems that Hewlett-Packard (NYSE: HPQ) might follow suit. According to the Wall...
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Is Meg Whitman the Right Name to Lead HP?
Thursday, September 22, 2011 - 2:23pm | 431Read More...News hit yesterday that Hewlett-Packard (NYSE: HPQ) was reportedly considering outing CEO Leo Apotheker as the head of the company, and potentially naming Meg Whitman as the new CEO. Now this morning, AllThingsD reporter Kara Swisher announced that Whitman is very likely going to get the job,...
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Hewlett-Packard Moving as Leo Could Be Gone
Wednesday, September 21, 2011 - 11:23am | 64Read More...News just broke that Hewlett-Packard's (NYSE: HPQ) board is said to be considering replacing CEO Leo Apotheker. There are rumors right now that Meg Whitman could be in talks to potentially take over for Apotheker as CEO, but so far those are unsubstantiated. At last check, shares of HPQ were up...
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Did Hewlett-Packard Become A Day Trader?
Monday, August 22, 2011 - 11:13am | 615Read More...Last week, Hewlett-Packard (NYSE: HPQ) made the decision to spin off its computer business, and discontinue supporting and creating new products based on its acquisition of Palm, and its WebOS operating system. WebOS was supposed to save HP and let it compete with Apple (NASDAQ: AAPL) and Google's...
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Read The Fine Text: Who Benefits From The HP, Open Text Merger
Friday, August 19, 2011 - 10:26am | 649Read More...Last night, Hewlett-Packard (NYSE: HPQ) announced it would be buying Autonomy for $42.11 per share in cash, a 64% premium to yesterday's close. In a market rife with volatility and uncertainty, Leo Apotheker is spending a huge amount of money, and paying a huge premium to transition HP. This is...
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HP To Spin Off Computer Biz, Buy Autonomy For $10 Billion
Thursday, August 18, 2011 - 1:13pm | 206Read More...In a wild day for the markets, with the broader indexes off more than 4%, Hewlett-Packard Co. (NYSE: HPQ) is finalizing a deal to purchase Autonomy for $10 billion, as well as spin off its personal-computer business. The reports first came from Bloomberg. According to people close to the...
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Are HP's Quality Control Issues A Sign Of Something Worse?
Tuesday, May 31, 2011 - 8:32am | 319Read More...Hewlett-Packard Co. (NYSE: HPQ) announced that it would be expanding a recall of certain laptop batteries, 162,600 in total, after the company received more reports of overheating. This is the third time the company has recalled laptop batteries, each in May of the previous years. In total, 286...
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Is Leo Regretting The HP Job? (HPQ, ORCL)
Tuesday, May 17, 2011 - 8:46am | 444Read More...Since Leo Apotheker took over the position of CEO at Hewlett-Packard (NYSE: HPQ), it's been one thing after another. First, the company had to deal with former CEO Mark Hurd going to Oracle (NASDAQ: ORCL), and all of the media hullabaloo that came with Hurd leaving. Then Hewlett-Packard has had...
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Earnings Preview for Hewlett Packard (HPQ, DELL, CSCO, ORCL, AAPL, GOOG)
Tuesday, May 17, 2011 - 4:26am | 455Read More...Hewlett Packard (NYSE: HPQ) is expected to announce its Q1 earnings report on Tuesday, May 17, after the markets close. Analysts are expecting earnings per share to reach $1.21, or 11% higher than in the same period last year. Revenues should stand at $31.54 billion, or 2.2% above the value...
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Hewlett-Packard Hosts Analyst Summit, Goldman Sachs Maintains Sell Rating
Tuesday, March 15, 2011 - 9:04am | 153Read More...Goldman Sachs has published a research report on Hewlett-Packard (NYSE: HPQ) after the company hosted its analyst summit in San Francisco. In the report, Goldman Sachs writes "Hewlett-Packard hosted its much-anticipated analyst summit in San Francisco with CEO Léo Apotheker outlining his long-term...
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What's Hot on TheStreet
Tuesday, November 23, 2010 - 2:57pm | 240Read More...Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 2011 Big-Cap Biotech Preview Biotech investors looking for outsized returns in 2010 failed to find them in "Big Five" large-cap biotech stocks. Only Genzyme (NASDAQ: GENZ) and Biogen Idec (NASDAQ: BIIB) yielded...
