|Bid||0.00 x 2200|
|Ask||20.60 x 21500|
|Day's Range||20.00 - 20.56|
|52 Week Range||18.06 - 27.08|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||8.30|
|Earnings Date||Aug 21, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||0.64 (3.22%)|
|1y Target Est||23.45|
(Bloomberg) -- Hewlett Packard Enterprise Co. will make all its products available through subscriptions, Chief Executive Officer Antonio Neri’s biggest move yet to shield the server maker from growing cloud-computing competition.HPE’s computer servers, storage hardware, networking gear and software will be available through a pay-per-use or subscription model by 2022, the San Jose, California-based company said Tuesday in a statement.Neri took over the company in February 2018, and has focused on keeping HPE relevant in a changing market for information technology. Cloud vendors such as Amazon.com Inc. and Microsoft Corp. have seen booming sales while global server demand has stagnated. First, Neri downplayed the threat from the public cloud companies, investing $4 billion in edge computing, which lets clients process information on hardware far away from data centers and he touted as the next wave of computing. Recently, HPE has taken a more pragmatic approach, forming a partnership with Google that will help clients adopt a hybrid model -- to move information between their own corporate data centers and large public clouds.HPE made the subscription announcement at its annual Discover conference in Las Vegas. This is the company’s most significant effort to generate more recurring revenue, which can help boost overall sales. HPE’s revenue has shrunk in the last two quarters compared with a year earlier.“We will reshape HPE and transform the market, with a new and better way to deliver as a service,” Neri said in a statement.To contact the reporter on this story: Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
HP Inc NYSE:HPQView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for HPQ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HPQ. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding HPQ are favorable, with net inflows of $8.25 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. HPQ credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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
Cathie Lesjak, who worked at the company for more than 30 years, decided in the early hours of the morning before a crucial board vote to object to the transaction and fully expected to be fired by Chief Executive Officer Leo Apotheker as a result. On her first day of evidence in the $5.1 billion fraud trial against several former Autonomy managers, Lesjak said she’d believed the 60% premium on offer was far too high. "I thought it was a sure thing that I would be fired," Lesjak said Monday in the London trial.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
Zacks.com featured highlights include: HP, Party City, AbbVie, OncoSec Medical and Pulmatrix
Former Hewlett-Packard boss Meg Whitman denied on Thursday she was trying to protect her own reputation when she accused the leaders of Autonomy, the British software firm HP acquired in 2011, of a fraud that inflated its value by $5 billion. In a second day of testimony at London's High Court, Whitman was asked by the counsel for Mike Lynch, Autonomy's founder and former CEO, why she went public with the claim before questioning Lynch or Autonomy's auditor Deloitte. "It was about protecting and reinforcing your reputation and you were doing so at the expense of Dr Lynch and (former CFO) Mr Hussain?," Robert Miles asked Whitman.
HP (HPQ) seems to be a good value pick, as it has impressive value metrics, and is seeing solid earnings estimate revisions as well.
Cloudera's shares closed at $5.30 on Thursday. Less than a year ago, they were trading above $19.
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, 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.
Two printer industry giants, HP Inc. (NYSE: HPQ ) and Xerox Corporation (NYSE: XRX ), announced Tuesday an expansion of their business relationship. What To Know The new arrangement will mean Xerox will ...
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.