|Bid||19.70 x 4000|
|Ask||20.10 x 4000|
|Day's range||19.79 - 20.02|
|52-week range||18.06 - 27.08|
|Beta (3Y monthly)||1.17|
|PE ratio (TTM)||8.05|
|Earnings date||21 Aug 2019 - 26 Aug 2019|
|Forward dividend & yield||0.64 (3.43%)|
|1y target est||23.45|
In an attempt to firm up its foothold in the flourishing 3D printing industry, HP (HPQ) launches a 3D Printing and Digital Manufacturing Center of Excellence in Barcelona, Spain.
Cisco (CSCO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Today, HP Inc. opened the doors to its new 3D Printing and Digital Manufacturing Center of Excellence in Barcelona, Spain, one of the world’s largest and most advanced research and development facilities for the next-generation technologies powering the Fourth Industrial Revolution.
Today’s healthcare providers demand technology that helps them serve their patients safely and efficiently. Additionally, as care providers may log into workstations and applications more than 70 times per day5, HP simplified authentication with optional integrated RFID badge reader6 and biometrics6 to help save time.
Scenes from the turbulent past of Silicon Valley’s oldest tech company have been playing out in London this past week, alongside ones representing its more stable, less headline-grabbing present. HPE versus Autonomy founder Mike Lynch has been taking place just a mile from its London headquarters, but Mr Neri, in a Financial Times interview there, was keen to point out HPE’s distance in business terms from the company that bought Autonomy.
Could China Blacklist Apple, HP, and Dell?China could target Apple, HP, and DellToday, one of the world’s largest credit rating agencies, Fitch Ratings, called Apple (AAPL), HP Inc. (HPQ), and Dell (DELL) China’s “potential blacklist
Zacks.com featured highlights include: HP, Party City, AbbVie, OncoSec Medical and Pulmatrix
HP (HPQ) seems to be a good value pick, as it has impressive value metrics, and is seeing solid earnings estimate revisions as well.
Meg Whitman, the former boss of Hewlett-Packard, said she was happy to throw her predecessor Leo Apotheker "under the bus" in a moment of anger over the botched acquisition of British software company Autonomy, London's High Court heard on Wednesday. The U.S. executive was giving testimony in the $5 billion trial of Mike Lynch, whom HP accuses, along with his former colleague Sushovan Hussain, of inflating the value of the big data firm before selling it to HP in 2011 for $11.1 billion. Lynch has denied the allegations and said the failure of the acquisition was down to HP's mismanagement and neglect of the company during Whitman's tenure.
Meg Whitman testifies at $5bn civil fraud trial of Mike Lynch, founder of Autonomy. Meg Whitman, the former chief executive of Hewlett-Packard, was happy to “throw her predecessor under the bus” blaming him for the disastrous $11.1bn (£8.73bn) acquisition of British tech company Autonomy, the high court heard on Wednesday. Whitman was testifying in the $5bn civil fraud trial of Mike Lynch, the Autonomy founder, and former Autonomy chief financial officer Sushovan Hussain. HP successor companies allege that Lynch and Hussain fraudulently inflated the value of Autonomy ahead of the deal, which was announced in August 2011. A month after the purchase, HP removed chief executive Léo Apotheker, who had been the architect of the move for Autonomy. Whitman, who approved the Autonomy purchase when an HP board member, was made chief executive in September 2011. In November 2012 she announced that HP had written down the value of its business by $8.8bn in the wake of the Autonomy purchase. In a December 2012 email to her chief communications officer, Henry Gomez, Whitman wrote that she was “Happy to throw Léo under the bus in a tit for tat”, after a news story in which Apotheker said the HP board shared part of the blame for the acquisition problems. Robert Miles, the QC representing Lynch, asked Whitman if she was “shirking your collective responsibility” in blaming Apotheker. “It was a moment of anger and disappointment about what had happened here, and I shouldn’t have said it,” Whitman told the court on Wednesday. Whitman also rejected a comparison between her treatment of Apotheker and her treatment of Lynch, who was ousted in May 2012. A spokeswoman for Apotheker said: “HP’s acquisition of Autonomy had the full support of the HP board of directors, who endorsed it unanimously on the basis of thorough due diligence. The fact that every member of the board stood behind the transaction at the time it was announced is clear from the proceedings in the high court.” Lynch and Hussain deny fraud, and argue that they are being used as scapegoats for the “botched” integration of HP. Lynch also faces criminal charges in the US. In May Hussain was jailed for five years, after a US jury found him guilty of fraud over the sale to HP. The court heard on Wednesday that Hussain will not appear in court to defend himself in the London trial. The case, one of the biggest fraud trials in British history, has shone a spotlight on the increasingly troubled relationship between Lynch and Whitman, one of the most prominent American businesswomen. The influential former eBay chief executive previously ran as the Republican candidate for governor in California, and has a net worth of $3.7bn, according to Forbes. She is chief executive of Quibi, a video platform, as well as serving on the boards of Dropbox, HP Enterprises and Proctor & Gamble. Lynch was present in court throughout Whitman’s testimony. Lynch, a mathematician educated at Christ’s College, Cambridge, founded Autonomy in 1996. The company specialised in using complex pattern recognition techniques to help organisations search and sort through unstructured information such as emails and phone records. It became a darling of the British tech scene, and Lynch was made a government science advisor and awarded an OBE. However, in a witness statement entered in court on Wednesday, Whitman described Lynch as unsuitable for an executive role in a large company. On one occasion, Lynch allegedly failed to inform her that Autonomy would miss revenue targets until the day before the company was due to announce financial results. This was “completely unacceptable conduct for any leader”, Whitman said in her statement. Lynch allegedly made repeated complaints to Whitman suggesting that Autonomy was not being properly integrated into HP. These included complaints that Autonomy staff were physically barred from HP offices, and that Autonomy was forced to undergo the same checks as third parties when working with HP, according to court documents. Lynch eventually suggested that Whitman appoint a “craziness Czar” to try to stop “crazy processes” at the company. Whitman said in her statement: “Dr Lynch’s complaints became less and less focused and grounded in reality.” Of a later complaint, in which Lynch said that Autonomy had lost multiple senior executives, Whitman said that Lynch “knew that his days at HP were numbered and was trying to create a paper trail he could use to deflect blame elsewhere”.
Meg Whitman, the former chief executive of Hewlett-Packard, was happy to throw her predecessor “under the bus” for the disastrous $11bn takeover of software company Autonomy, London’s High Court heard on Wednesday. Ms Whitman was giving evidence in a civil trial against Mike Lynch, the founder of Autonomy, and Sushovan Hussain, the former chief financial officer, which alleges that the two men were behind a fraudulent manipulation of the company’s accounts, leading to HP paying an extra $5bn in the 2011 takeover. The former HP chief was asked on Wednesday about a 2012 internal email in which she discussed how to respond to criticism of the Autonomy deal, which had been negotiated by her predecessor Léo Apotheker.
HP Inc. (HPQ) and Xerox Corporation (XRX) today announced an expansion of the companies’ business relationship. Xerox will source from HP certain A4 and entry-level A3 products with the majority running on Xerox’s award-winning ConnectKey® controller software, and Xerox will supply toner to HP for these and other products. Xerox will become a DaaS specialist in HP’s Partner First program in the U.S. Xerox’s services capabilities and customer reach in the small to midsize business market, combined with HP’s award-winning DaaS PC offerings, will allow both companies to meet a wider range of customer needs.
HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP’s cash flowsHP (HPQ) generated free cash flow of $747 million in the second quarter of fiscal 2019, while cash flow from operations was $861 million. HP continues
HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)Printing business performanceHP’s (HPQ) printing business has not been doing well for the past few quarters. The printing business revenue growth has been declining
HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP’s Personal Systems divisionHP’s (HPQ) Personal Systems segment revenues have been growing on a YoY basis, but the rate of revenue growth has declined in the past
Launches innovative and sustainable HP Neverstop Laser in emerging markets and introduces best-in-class ink tank experience: HP Smart Tank1 Highlights: HP Neverstop Laser.
HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP leads the global PC marketAccording to research firm IDC (International Data Corporation), HP (HPQ) regained its top spot in the worldwide PC (personal computer)
Today we've highlighted 10 stocks that are currently trading for under $20 per share. All of these stocks sport a Zacks Rank 2 (Buy) or better at the moment...
HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP’s revenues trendHP (HPQ) delivered upbeat second-quarter revenues of $14.04 billion, which was 0.3% higher YoY than the year-ago quarter and 2% higher YoY,