Key Developments: Hewlett-Packard Co (HPQ.N)

HPQ.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Anaheim awards Hewlett-Packard Co five-year services contract
7:45am EDT 

HP Enterprise Services:Signed $55.8 mln agreement for Hewlett-Packard Co (HP).To continue managing city's information technology (IT) environment.Under five-year contract, includes pair of two-year extension options not included in announced contract value.HP will continue providing full suite of services for Anaheim's IT infrastructure.HP also will enhance services with an disaster recovery solution that will ensure business continuity following catastrophic event.New services also include infrastructure enhancements designed to accelerate hosting service virtualization, lower power consumption with PC power management and enhance IT security.  Full Article

Hewlett-Packard Co and Hortonworks extend strategic partnership
Thursday, 24 Jul 2014 07:45am EDT 

Hewlett-Packard Co:Announced strategic partnership to address critical big data needs of enterprise customers.Joint commitment will help accelerate adoption of Enterprise Apache Hadoop by deeply integrating Hortonworks Data Platform with the HP HAVEn big data platform.Partnership is also supported by $50 mln equity investment by HP.  Full Article

Hewlett-Packard announces changes to board
Thursday, 17 Jul 2014 04:05pm EDT 

Hewlett-Packard Co:Meg Whitman, president and chief executive officer, has been appointed chairman of the board of directors, and current director Pat Russo has been appointed lead independent director.Klaus Kleinfeld, chief executive and chairman of Alcoa, has been appointed to the board, bringing the total number of board members to 12.  Full Article

Hewlett-Packard Co declares regular dividend
Thursday, 17 Jul 2014 07:45am EDT 

Hewlett-Packard Co:DeclareS regular cash dividend of $0.16 per share on the company's common stock.Payable on Oct. 1.To stockholders of record as of close of business on Sept. 10.  Full Article

Hewlett-Packard Co announces resignation of Interim Chairman - Form 8-K
Tuesday, 15 Jul 2014 08:03am EDT 

Hewlett-Packard Co:Says on July 15, Ralph V. Whitworth resigned as a member of the Board of Directors of the company, effective on July 16.Ralph V. Whitworth served as the Chairman of the Board on an interim basis.  Full Article

Tech Mahindra Ltd eyes Hewlett-Packard Co's stake in Mphasis Ltd-Moneycontrol
Tuesday, 15 Jul 2014 04:02am EDT 

Hewlett-Packard Co:Tech Mahindra Ltd is eyeing Hewlett-Packard Co's (HP) 60.49 percent stake in Mphasis Ltd-Moneycontrol.HP was in talks to sell the stake.  Full Article

United States Air Force selects Hewlett-Packard Co for digital printing and imaging initiative
Monday, 7 Jul 2014 07:45am EDT 

Hewlett-Packard Co:Says United States Air Force issued five-year Blanket purchase agreement for HP single-function and multifunction printers and consumables for its Digital Printing and Imaging initiative (DPI).  Full Article

Hewlett-Packard Co announces contract extension
Wednesday, 2 Jul 2014 06:30am EDT 

Hewlett-Packard Co:Hewlett Packard Nederland B.V announced that Shell has extended the HP hardware and services agreement to support Shell's global business in more than 100 countries and for over 100,000 employees and contractors worldwide.Under the renewed five-year agreement, HP will deliver more than 150,000 products to Shell including HP PCs, tablets, peripherals, printers, workstations, servers, storage and networking hardware as well as IT integration and support services.  Full Article

Delaware awards Hewlett-Packard Co's HP Enterprise Services contract extension
Tuesday, 1 Jul 2014 07:45am EDT 

Hewlett-Packard Co:Says HP Enterprise Services says Delaware Department of Health and Social Services (DHSS), Division of Medicaid and Medical Assistance has signed a $147 million contract for the company to implement its flagship interChange Medicaid Management Information System.  Full Article

Hewlett-Packard Co to settle derivative litigation arising from Autonomy Acquisition
Monday, 30 Jun 2014 08:06pm EDT 

Hewlett-Packard Co:Says Cotchett, Pitre & McCarthy, LLP, and Robbins Geller Rudman & Dowd LLP announced they have reached an agreement to settle shareholder derivative litigation arising from the acquisition of Autonomy.Says the settlement is subject to court approval.Following HP's announcement in Nov. 2012 that Autonomy had engaged in accounting improprieties, misrepresentations and disclosure failures before HP acquired the company.Says the lawsuits were filed against current and past HP directors, officers and advisors.HP met with lawyers for the shareholders in a mediation conducted by retired U.S. District Judge Vaughn R. Walker.The settlement is a result of that mediation.Under the terms of the settlement.Plaintiffs and their counsel at Cotchett, Pitre & McCarthy, LLP, and Robbins Geller Rudman & Dowd LLP will assist HP in bringing claims against Lynch, Hussain and potentially others.All claims against current and former directors, officers and advisors of HP related to or arising out of the Autonomy acquisition will be dismissed.HP is in the process of adopting enhancements to policies and procedures in evaluating potential mergers and acquisitions that were developed with the assistance of plaintiffs and their lawyers.  Full Article

Chubby Checker, HP settle lawsuit over penis-measuring app

July 25 - The singer Chubby Checker has settled a lawsuit in which he accused Hewlett-Packard Co of using his trademarked name without permission on a software app that purported to measure the size of a man's penis.

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