Meg Whitman

Shares of Newly Formed HP Enterprise Rises as Its CEO Reassure About Strong Demand

Shares of Newly Formed HP Enterprise Rises as Its CEO Reassure About Strong DemandShares of the newly formed Hewlett Packard Enterprise climbed as CEO, Meg Whitman reassured the investors regarding the strong demand for corporate technology in the company's inaugural earnings report. It also provided justification for her move that lead to spinning off Hewlett-Packard into two companies.

After a Split, HP Enterprise’s CEO, Meg Whitman Hints at Early Success

After a Split, HP Enterprise’s CEO, Meg Whitman Hints at Early Success

Meg Whitman's bold move to spin off Hewlett-Packard might not have been a bad idea after all. An inaugural earnings report reassured the investors, giving the move an early support with a profit forecast for the current quarter which might surpass estimates of some analysts.

HP’s Quarterly Revenue Drops; Weak Forecast Slides Stocks

HP’s Quarterly Revenue Drops; Weak Forecast Slides Stocks

As Hewlett-Packard Co. gears up to split into two businesses, it reported a drop in the last quarter's sales as well as profit.

On Thursday, the company's stock also dropped in late trading hours. The forecast for the October quarter announced by the computer maker also could not keep up with the market expectations. The last quarter results mirror how HP is struggling with the number of challenges it faces. By the end of this year the company will be splitting into two companies.

Hewlett-Packard suffers losses worth $8.9 billion

Hewlett-Packard suffers losses worth $8.9 billionSuffering their worst financial loss in their 73 years of existence, Hewlett-Packard reportedly lost $8.9 billion in its third fiscal quarter.

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