Hewlett-Packard (HPQ)

[iam802]

I recall reading an article where the CEO highlight that the restructuring will last till 2016.

In other words, no growth till then.

[iam802]

Not a good day for HPQ.

It also shows how desperate its previous shortlived CEO was when he made the purchase of Autonomy.

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H-P Claims Fraud at Autonomy

http://online.wsj.com/article/SB1000142 ... 13412.html

Hewlett-Packard Co. leveled serious accusations Tuesday against a software company it bought last year, saying it would take an $8.8 billion write-down after it claimed Autonomy's leadership misrepresented its performance as the deal was being negotiated.

....

[behappyalways]

HP to split into two companies, report says
http://money.cnn.com/2014/10/05/technol ... ?iid=HP_LN

[behappyalways]

How HP Could Once Again Dominate Silicon Valley
http://time.com/3603348/hp-hewlett-packard/

[behappyalways]

HP revenue misses as commercial sales fall
http://www.cnbc.com/id/102448040

[behappyalways]

HP sues former Autonomy leaders for $5.1bn, alleging fraud
http://www.bbc.com/news/business-32131529

[behappyalways]

Hewlett-Packard suit charges Autonomy with fraud
http://www.bbc.com/news/business-32600046

[winston]

not vested

Once an imposing figure in the personal computer markets, Hewlett-Packard Co. (HPQ) has suffered a major falling from grace.

HPQ stock — which briefly traded over $100 per share during the peak of the internet bubble in 2000 — never regained its lofty position in the markets, nor even loosely approached it.

In the five years leading up to its rejection from the Dow Jones in September of 2013, HPQ stock lost roughly 50% of market value, making it “unfit” to represent the esteemed index.

But since getting its pink slip, HPQ stock has jumped nearly 44%. In all fairness, the company has had a difficult time achieving decent numbers, with HPQ stock subject to the slow death throes of the PC industry — a trend that has been going for quite some time. This and other contributing factors led to massive layoffs and further questions of HPQ stock’s viability.

Nevertheless, Hewlett-Packard’s management team remains optimistic, choosing to focus on industries with major upside potential, including “cloud computing, security, software and mobility.”

Technically, however, HPQ stock’s Cinderella run is in some danger. After charging upward for most of 2014, HPQ stock is down 23% year-to-date. Furthermore, its response after suffering consecutive monthly losses in the first quarter of 2015 has been very lethargic. This leaves HPQ stock dangling in no-man’s land and is therefore vulnerable to more pernicious attacks by the bears.

Given the weakness in the PC markets, HPQ stock will need to come up with something big, fast, if it wants to prove the Dow Jones committee wrong.

Source: Investor Place

[behappyalways]

Hewlett-Packard to cut 25-30,000 jobs
http://www.bbc.com/news/business-34265094

[winston]

PC maker Hewlett-Packard sinks to a new 52-week low.