Hewlett-Packard (HPQ) Gets No Help from Analysts as Surprise Charges Adds to Secular Difficulty
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UBS Maintains Sell on HP (HPQ) as Competitors Take Bite Out of Profits
November 21, 2012 1:55 PM ESTYesterday's top news was Hewlett-Packard (NYSE: HPQ) multi-billion dollar charge related to alleged accounting fraud at Autonomy. While disappointing, Autonomy is not HP's only problem. Besides macro concerns and secular headwinds, HP may have competitive problems as well.
"HP is losing share... More
All the Bad News at Hewlett-Packard (HPQ) May Not Be Out Yet - Analyst
November 20, 2012 2:40 PM ESTEarlier, Mizuho Securities downgraded Hewlett-Packard (NYSE: HPQ) from Neutral to Underperform, moving its price target from $15 down to $8.
Mizuho's Abhey Lanba commented that all the bad news at H-P "might not be out yet," following disclosure of accounting fraud at Autonomy leading to... More
Still Not Time to Buy HP (HPQ) - BMO Capital
November 20, 2012 12:53 PM ESTDespite the massive sell-off in Hewlett-Packard (NYSE: HPQ) Tuesday amid the disclosure of the Autonomy accounting fraud, which came along with decent Q4 results and lackluster Q1 guidance, BMO Capital analysts Keith Bachman is not biting.
On the quarter, the analyst notes... More
ISI Group Downgrades Hewlett-Packard (HPQ) to Neutral
November 20, 2012 9:37 AM ESTISI Group downgraded Hewlett-Packard (NYSE: HPQ) from Buy to Neutral following disclosure of fraud ad Autonomy.
For an analyst ratings summary and ratings history on Hewlett-Packard click here. For more ratings news on Hewlett-Packard click here.
Shares of Hewlett-Packard closed at $13.30 yesterday, with a 52 week range of $12.36-$30.00.... More
Raymond James Downgrades Hewlett-Packard (HPQ) to Market Perform
November 20, 2012 8:29 AM ESTRaymond James downgraded Hewlett-Packard (NYSE: HPQ) from Outperform to Market Perform following this morning's Q4 results and disclosure of accounting fraud at Autonomy and a related charge.
For an analyst ratings summary and ratings history on Hewlett-Packard... More
Hewlett-Packard (HPQ) Gets Shellacked as $8.8B Fraud Spoils Q4
November 20, 2012 8:19 AM ESTHewlett-Packard (NYSE: HPQ) investors were stunned on Tuesday after Meg Whitman and Co. reported fourth-quarter results. While EPS topped estimates, Hewlett-Packard reported an $8.8 billion impairment charge related to accounting fraud within its Autonomy business, causing jeers on Wall Street.
Commenting on the impairment charge, Hewlett-Packard said:
"HP recorded a non-cash charge for the impairment of goodwill and... More
HP (HPQ) Slammed on Weak Q1 Guidance, Disclosure of Fraud at Autonomy
November 20, 2012 7:45 AM ESTHewlett-Packard (NYSE: HPQ) is trading down 7% in pre-open action following Q4 results, weak Q1 guidance and the disclosure that there was accounting fraud at Autonomy, the software company they bought in 2011.... More
Hewlett-Packard Company (HPQ) Tops Q4 EPS by 2c; Guides Below the Street, Takes Large Impairment Charge on Autonomy
November 20, 2012 7:32 AM ESTHewlett-Packard Company (NYSE: HPQ) reported Q4 EPS of $1.16, $0.02 better than the analyst estimate of $1.14. Revenue for the quarter came in at $30 billion versus the consensus estimate of $30.4 billion.
Hewlett-Packard Company sees Q1 2013 EPS of $0.68-0.71, versus the consensus of $0.85.
Takes $8.8 billion impairment... More
