HP Inc (HPQ) Key Developments | Reuters.com
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HP Inc (HPQ)

HPQ on New York Consolidated

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Latest Key Developments (Source: Significant Developments)

US CPSC - HP recalls about 41,000 batteries for HP and Compaq notebook computers
Thursday, 23 Jun 2016 01:30pm EDT 

U.S. CPSC : U.S. CPSC - HP received seven reports of battery packs overheating, melting or charring, including four reports of property damage of about $4,000 total . U.S. CPSC - HP recalls batteries for HP and Compaq notebook computers due to fire and burn hazards . U.S. CPSC - HP recalls about 41,000 batteries for HP and Compaq notebook computers (in addition, about 2,600 sold in Canada, about 4,500 sold in Mexico) .U.S. CPSC - Recall involves lithium-ion batteries containing panasonic cells that are used in hp notebook computers.  Full Article

HP Inc says changes record date for a previously declared dividend
Thursday, 2 Jun 2016 06:02pm EDT 

HP Inc : Record date for its previously declared dividend will change from June 8, 2016 to June 15, 2016 .Payment date of previously declared dividend of $0.124 per share on common stock of HP Inc remains July 6, 2016.  Full Article

HP Inc declared a cash dividend of $0.124 per share
Tuesday, 31 May 2016 04:05pm EDT 

HP Inc :Declared a cash dividend of $0.124 per share on company's common stock.  Full Article

HP Inc says "On track to reduce our cost structure by more than $1 billion in 2016" - Dion Weisler, CEO
Wednesday, 25 May 2016 06:48pm EDT 

: HP Inc says "On track to reduce our cost structure by more than $1 billion in 2016" - Dion Weisler, CEO . HP Inc says "Reduction of approximately 1200 headcount year to date and are on track to achieve savings objective by year end" - Dion Weisler, CEO . HP Inc says "Despite a tough market, we delivered on our objectives" - Dion Weisler, CEO . HP Inc says "Still expect approximately 3000 people to exit by the end of the year" - Cathie Lesjak, CFO . HP Inc - "As far as our major franchises go, very committed to both PC and printing portfolios" - CEO on whether considering any spin-off mergers Source - HP Inc Conference call Further company coverage: [HPQ.N] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

HP Inc's profit from cont ops falls to 38 cents per share
Wednesday, 25 May 2016 04:45pm EDT 

HP Inc : Reports second quarter fiscal 2016 results . Says for fiscal 2016 Q3, HP estimates non-GAAP diluted net EPS from continuing operations to be in range of $0.37 to $0.40 . Q3 earnings per share view $0.40, revenue view $11.61 billion -- Thomson Reuters I/B/E/S . Says for fiscal 2016 Q3, HP estimates GAAP diluted net EPS from continuing operations to be in range of $0.34 to $0.37 . Says for fiscal 2016, HP estimates non-GAAP diluted net EPS from continuing operations to be in range of $1.59 to $1.65 . Qtrly personal systems net revenue was down 10% year over year (down 5% in constant currency) . Q2 printing revenue $4,637 million versus $5,508 million . Fy2016 earnings per share view $1.59, revenue view $47.53 billion -- Thomson Reuters I/B/E/S . Sees 2016 GAAP diluted net EPS from continuing operations to be in range of $1.52 to $1.58 . Q3 earnings per share view $0.40 -- Thomson Reuters I/B/E/S . Fiscal 2016 non-GAAP diluted net EPS from continuing operations estimates exclude $0.07 per diluted share, related to restructuring charges . GAAP diluted net EPS from continuing operations estimates exclude $0.03 per diluted share, related to restructuring charges . Q2 non-GAAP earnings per share $0.41 from continuing operations . Q2 GAAP earnings per share $0.38 from continuing operations . Q2 revenue $11.6 billion versus i/b/e/s view $11.72 billion . Sees FY 2016 non-GAAP earnings per share $1.59 to $1.65 from continuing operations.  Full Article

Johnson & Johnson says collaborating with HP Inc's unit
Tuesday, 17 May 2016 08:52am EDT 

Johnson & Johnson : Johnson & Johnson announces collaboration with HP Inc. subsidiary to create personalized health care solutions with 3D printing technologies . "collaboration is focused on using 3D printing technologies to create better health care outcomes at reduced costs" . "collaboration announced today has already begun, with teams of experts from both organizations working together" .In near-term, collaboration will focus on personalization of instrumentation and software for patient-specific healthcare devices.  Full Article

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

Exclusive: McKesson considers IT unit merger with Change Healthcare - sources

McKesson Corp , one of the largest U.S. drug distributors, has held talks about merging its information technology unit with healthcare technology company Change Healthcare Inc, three people familiar with the matter said.