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Key Developments: HP Inc (HPQ.N)

HPQ.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hewlett-Packard Co says to accelerate job cuts by 2016 - Reuters
Wednesday, 24 Feb 2016 05:28am EST 

Hewlett-Packard Co:HP Inc said it was accelerating its restructuring program and now expects about 3,000 people will exit by the end of fiscal 2016 instead of over three years as it announced in September. - RTRS.Then, Hewlett-Packard Co had said it expected to cut about 33,300 jobs over three years, of which up to 3,300 were to be cut in HP Inc. It said then that 1,200 people would leave the company by the end of 2016.The restructuring will result in charges and associated cash payments of about $300 million in the current year, the company said.  Full Article

Hewlett-Packard Co board declares dividend
Wednesday, 27 Jan 2016 09:00am EST 

Hewlett-Packard Co:Declared a cash dividend of $0.124 per share on the company's common stock.Payable on April 6, 2016, to stockholders of record as of the close of business on March 9, 2016.  Full Article

Hewlett-Packard Co gives Q1, FY 2016 EPS guidance below analysts' estimates
Tuesday, 24 Nov 2015 04:05pm EST 

Hewlett-Packard Co:Estimates FY 2016 non-GAAP diluted net EPS to be in the range of $1.59 to $1.69 and GAAP diluted net EPS to be in the range of $1.50 to $1.60.Estimates FY 2016 non-GAAP diluted net EPS exclude after-tax costs estimated to be approximately $0.09 per share.Estimates Q1 2016 non-GAAP diluted net EPS to be in the range of $0.33 to $0.38 and GAAP diluted net EPS to be in the range of $0.27 to $0.32.Estimates Q1 2016 non-GAAP diluted net EPS exclude after-tax costs estimated to be approximately $0.06 per share.Q1 2016 EPS of $0.42 - Thomson Reuters I/B/E/S.FY 2016 EPS of $1.71 - Thomson Reuters I/B/E/S.  Full Article

HP Inc ( Hewlett-Packard Inc) declares regular dividend
Thursday, 12 Nov 2015 08:30am EST 

HP Inc ( Hewlett-Packard Inc):Declared a regular cash dividend of $0.124 per share on the company's common stock.Dividend, the first in the company's fiscal year 2016, is payable on January 6, 2016, to stockholders of record date as on December 9.  Full Article

Anoto Group and Hewlett-Packard sign technology license agreement for digital writing
Friday, 6 Nov 2015 01:00am EST 

Anoto Group AB:Anoto and Hewlett-Packard sign technology license agreement for digital writing.Companies have agreed not to disclose product details or launch dates at this point in time.  Full Article

Hewlett-Packard Announces Pricing of Senior Notes
Wednesday, 30 Sep 2015 10:10pm EDT 

Hewlett-Packard Co:Says the pricing by its wholly-owned subsidiary, Hewlett Packard Enterprise Company, of nine series of senior unsecured notes in an aggregate principal amount of $14.6 billion.Hewlett Packard Enterprise intends to distribute the net proceeds from this offering to HP Co.Subsequently, HP Co. intends to use the net proceeds distributed to it to fund repurchases and redemptions of its outstanding senior notes, and to repay other indebtedness, to facilitate the separation of Hewlett Packard Enterprise from HP Co.  Full Article

Hewlett-Packard announces offering of senior notes
Wednesday, 30 Sep 2015 08:09am EDT 

Hewlett-Packard:Announced offering by its wholly owned subsidiary, Hewlett Packard Enterprise Company.Notes will be senior unsecured obligations of Hewlett Packard Enterprise and will rank equally in right of payment with all of Hewlett Packard Enterprise's existing and future senior unsecured indebtedness.  Full Article

Ericsson partners with Hewlett-Packard to reach enterprise customers
Thursday, 17 Sep 2015 07:00am EDT 

Ericsson:Ericsson partners with Hewlett-Packard to drive mobile networking.Bilateral reseller agreement opens up enterprise market opportunities beyond Ericsson's carrier-grade Wi-Fi and provides go-to-market opportunities for Ericsson's industry-leading small cells through HP's global enterprise channels.Leverages HP's acquisition of Aruba Networks through integration of HP's enterprise WLAN technology into Ericsson RBS 6402 picocell.  Full Article

Hewlett-Packard Co says Hewlett Packard Enterprise expects 25,000-30,000 people to leave company
Tuesday, 15 Sep 2015 04:37pm EDT 

Hewlett-Packard Co:Says to achieve savings, Hewlett Packard Enterprise expects 25,000-30,000 people to leave co, primarily related to enterprise services transformation.  Full Article

Hewlett-Packard Co gives Q4 2015 EPS guidance below analysts' estimates; narrows FY 2015 EPS guidance
Thursday, 20 Aug 2015 04:05pm EDT 

Hewlett-Packard Co:Estimates Q4 2015 non-GAAP diluted net EPS to be in the range of $0.92 to $0.98 and GAAP diluted net EPS to be in the range of $0.12 to $0.18.Estimates FY 2015 non-GAAP diluted net EPS to be in the range of $3.59 to $3.65 and GAAP diluted net EPS to be in the range of $1.87 to $1.93.Q4 2015 EPS of $1.00 - Thomson Reuters I/B/E/S.FY 2015 EPS of $3.64 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Opentext to buy certain customer experience software assets of HP Inc

* Open Text Corp says transaction purchase price is approximately $170 million

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