Summary Box: HP's third-quarter profit plunges 19 percent as PC, ink sales remain weakAugust 19th, 2009 Summary Box: HP profit hurt by weak PC, ink salesPROFIT PINCHED: Hewlett-Packard Co.'s fiscal third-quarter profit fell 19 percent despite what the company described as improving conditions in the consumer personal computer market. HP's net profit was $1.64 billion, or 67 cents per share, versus $2.03 billion, or 80 cents per share, in the year-ago period.
Investors have high hopes for Hewlett-Packard 3Q results as PC business limps back to healthAugust 18th, 2009 Ahead of the Bell: Hewlett-Packard 3Q earningsSAN FRANCISCO — With the personal computer business limping back to health, Hewlett-Packard Co. is a likely beneficiary.
HP offers 2010 profit, sales forecast in line with estimates; sees better PC businessSeptember 24th, 2009 HP offers 2010 outlook in line with estimatesSAN JOSE, Calif. — Hewlett-Packard Co.
HP 3Q profit drops 19 percent, PCs and printer ink still weakAugust 18th, 2009 HP 3Q profit drops 19 pct, weak PC, ink salesSAN FRANCISCO — Hewlett-Packard Co.'s profit dropped 19 percent in the latest quarter, dragged by ongoing weakness in sales of personal computers and printer ink. The Palo Alto, Calif.-based company reported Tuesday that consumer spending on PCs is improving, and business in China was particularly good.
Nuance Communications acquires eCopy for $54 million in common stockOctober 5th, 2009 Nuance buys eCopy for $54M in stockBURLINGTON, Mass. — Speech and imaging software maker Nuance Communications Inc.
Hewlett-Packard re-brands EDS as HP Enterprise Services a year after $13.2 billion acquisitionSeptember 23rd, 2009 HP re-brands EDS as HP Enterprise ServicesPALO ALTO, Calif. — Hewlett-Packard Co.
IBM's 2nd-quarter sales expected to dip, but profit seen higher in Thursday's reportJuly 16th, 2009 Ahead of the Bell: IBM to post 2Q resultsSAN FRANCISCO — IBM Corp. will report second-quarter results Thursday amid an unsettled technology market that's been sending mixed signals.
HP elects software pioneer Marc Andreessen to boardSeptember 17th, 2009 HP elects Marc Andreessen to boardPALO ALTO, Calif. — Hewlett-Packard Co.
HP 3Q profit drops 19 percent as sales of PCs and printer ink remain weakAugust 19th, 2009 HP 3Q profit drops 19 pct on weak PC, ink salesSAN FRANCISCO — Hewlett-Packard Co.'s profit dropped 19 percent in the latest quarter, dragged down by ongoing weakness in sales of personal computers and printer ink. The Palo Alto, Calif.-based company reported Tuesday that consumer spending on PCs is improving, and business in China was particularly good.
New study: YouTube's 2009 expenses will cost Google nearly $300M less than analysts predictJune 17th, 2009 Guessing game: How much money is YouTube losing?SAN FRANCISCO — Internet video leader YouTube Inc.'s losses have been overblown by some analysts, but corporate parent Google Inc. doesn't mind the misperception, according to a study being released Wednesday.
Medidata Solutions shares surge up to 29 percent above IPO value in first day of tradingJune 25th, 2009 Medidata Solutions shares surge on IPONEW YORK — Shares of software maker Medidata Solutions surged 29 percent beyond the company's initial public offering value Thursday. Early Thursday, the company priced an initial public offering of 6.3 million shares at $14 apiece, putting the value at $88.2 million.
Dell to buy Perot Systems for $3.9 bnSeptember 21st, 2009 SAN FRANCISCO - Computer maker Dell is to buy technology services company Perot Systems for $3.9 billion in a bid to gain a foothold in the lucrative sector of information technology consulting, the company announced Monday. The bid price of $30 a share represented a 68-percent premium on the share price of the company founded in 1988 by former independent presidential candidate Ross Perot.
Coach, Dow Chemical, RPM International, PetSmart, are among big market movers MondayOctober 5th, 2009 Coach, Dow Chemical, RPM International big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:
NYSE:
Coach Inc., up $1.17 at $32.25
Coach is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs.
Epicor Software inks deal amending its credit facilityOctober 6th, 2009 Epicor Software amends deal for line of creditIRVINE, Calif. — Epicor Software Corp.
HP's 3Q profit hurt by sluggish PC and ink sales; transformation shows differences with IBMAugust 19th, 2009 Sluggish PC, ink sales hurt HP; results still beatSAN FRANCISCO — Hewlett-Packard Co.'s 19 percent drop in quarterly profit shows that the company still relies heavily on printer ink and the troubled personal computer market, despite the aggressive transformation it's undertaking to branch out and encroach more on rival IBM Corp.'s turf. IBM, which ditched its PC division as part of a major facelift over the past 15 years, now makes most of its money from software and services.
Comment Below | 
Email this Article
Loading ...