Stocks tend to be most volatile around earnings season, when a good or bad report can make or break it. However, a good or even great earnings report doesn't necessarily translate into a huge pop for a stock.
During earnings...(read more)
HP Enterprise Services UK Ltd., a subsidiary of Hewlett-Packard Company (HPQ), revealed that it has entered into an agreement to provide technical support to the Cambridge University...(read more)
Hewlett-Packard Co. (HPQ) recently announced that its Enterprise Services unit will provide information technology (IT) support to a Chinese aviation technology provider...(read more)
Hewlett-Packard (NYSE: HPQ) is a diversified technology company that has reached several key milestones in recent years. In 2010, revenue was $126 billion.[1]
The drivers of HP's recent success have been two-pronged. The company has undergone significant cost cutting measures. At the same time, the company has focused on driving growth in key areas such as software and services. Software and services are generally much higher margin than hardware. IBM, which generates most revenues from services, realizes operating profits nearly twice as high as either HP or Dell. This transition continued with HP's acquisition of business network producer Electronic Data Systems (EDS) in August 2008. In 2009, HP completed its acquisition of Palm for $1 billion, or $5.70 per share, giving HP a foothold into the smartphone market.[2]
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June 19, 2013
