UBS Maintains Sell on HP (HPQ) as Competitors Take Bite Out of Profits

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EMC (EMC), NetApp (NTAP) Gaining Storage Share as H-P (HPQ) Fades

November 21, 2012 11:41 AM EST

NetApp (Nasdaq: NTAP) and EMC Corp (NYSE: EMC) are higher on the session amid results from Hewlett-Packard (NYSE: HPQ) issued Tuesday.

Bloomberg Industries sees the duo... More

More Negatives on the Horizon for HP (HPQ) - Goldman Sachs

November 21, 2012 8:56 AM EST

With shares of Hewlett-Packard (NYSE: HPQ) down 12 percent Tuesday on disclosure of accounting fraud at Autonomy, and trading at just 3.3x the top end of the company's fiscal 2013 EPS guidance, many may be licking their chops to buy the stock. DON'T say analysts at Goldman... More

If You Like Hewlett-Packard (HPQ) on Value, You Will Love Tech Data (TECD)

November 21, 2012 8:34 AM EST

Yesterday IT products distributor, Tech Data (NASDAQ: TECD) posted weak F3Q results, with EPS and revenue missing estimates.

Commenting on developments, analysts Richard Kugele of Needham and Company said, "While TECD's F3Q performance and execution missteps were disappointing, we... More

Kynikos' Chanos Still Short H-P (HPQ), Says Company is Value Trap

November 21, 2012 6:39 AM EST

Kynikos Associates founder Jim Chanos says he is still short Hewlett-Packard Company (NYSE: HPQ) and that the company will continue to be a value trap. Comments were made on CNBC this morning.... More

CNBC's Faber Says H-P (HPQ) Had 'Insider Tip' on Autonomy

November 20, 2012 4:58 PM EST

CNC's David Faber is saying that Hewlett-Packard (NYSE: HPQ) did a 7-month investigation into Autonomy. It had an "insider tip" on the company.

H-P is trading higher in the late session Tuesday.... More

All the Bad News at Hewlett-Packard (HPQ) May Not Be Out Yet - Analyst

November 20, 2012 2:40 PM EST

Earlier, 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

Mizuho Securities Downgrades Hewlett-Packard (HPQ) to Underperform

November 20, 2012 1:53 PM EST

Mizuho Securities downgraded Hewlett-Packard (NYSE: HPQ) from Neutral to Underperform.

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

Still Not Time to Buy HP (HPQ) - BMO Capital

November 20, 2012 12:53 PM EST

Despite 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

Hewlett-Packard (HPQ) Gets No Help from Analysts as Surprise Charges Adds to Secular Difficulty

November 20, 2012 12:43 PM EST

Following Hewlett-Packard (NYSE: HPQ) Q3 earnings report, Sterne Agee maintained a Neutral rating on the stock, noting weak January quarter outlook and a $8.8 billion charge tied to Autonomy accounting fraud.

Analyst Shaw Wu said "While the write-down is non-cash, it may... More

ISI Group Downgrades Hewlett-Packard (HPQ) to Neutral

November 20, 2012 9:37 AM EST

ISI 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 EST

Raymond 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 EST

Hewlett-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 EST

Hewlett-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 EST

Hewlett-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