H-P (HPQ) "Worse Than Feard" - Deutsche Bank; Slashes Numbers

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Go back to H-P (HPQ) "Worse Than Feard" - Deutsche Bank; Slashes Numbers

Jefferies Cuts PT on H-P (HPQ) After Warning

October 4, 2012 8:16 AM EDT

Jefferies cut its price target on Underperform-rated Hewlett-Packard (NYSE: HPQ) from $14 to $12 after the latest warning from the company.

The firm comments, "Mgmt described FY12 as a year of diagnosing problems, FY13 as a rebuilding year, and FY14 as the year of recovery.... More

H-P (HPQ) Guides FY13 EPS Below Views; Sees Enterprise Software Revs Down 11 - 13%

October 3, 2012 12:22 PM EDT

At HP's (NYSE: HPQ) annual Securities Analyst Meeting, being held today in San Francisco, the company's leadership is mapping out strategic priorities for the future and providing a detailed multiyear roadmap to turn the company around.

During her keynote, HP's president and chief executive officer Meg Whitman outlined progress made over the past year to stabilize the business and lay the foundation for a multiyear turnaround. The operating and organizational models have been integrated, centralized and streamlined, and a talented executive team is in place to execute the strategy.

The... More

H-P (HPQ) sees FY13 adjusted EPS of $3.40 - $3.60, est at $4.16

October 3, 2012 12:17 PM EDT

Hewlett-Packard Company (NYSE: HPQ) sees FY13 adjusted EPS of $3.40 - $3.60, est at $4.16.... More