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HP Inc (HPQ.N)

HPQ.N on New York Stock Exchange

19.08USD
16 Aug 2019
Change (% chg)

$0.45 (+2.42%)
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Latest Key Developments (Source: Significant Developments)

Fitch Says New U.S., China Trade Restrictions Could Be Broadly Disruptive
Monday, 10 Jun 2019 11:53am EDT 

June 10 (Reuters) - Fitch::FITCH SAYS NEW U.S., CHINA TRADE RESTRICTIONS COULD BE BROADLY DISRUPTIVE.FITCH SAYS A POSSIBLE BLACKLISTING OF U.S. COMPANIES AS RETALIATION FOR RESTRICTIONS ON HUAWEI WOULD BE DISRUPTIVE FOR U.S. TECHNOLOGY SECTOR.FITCH SAYS A BAN ON RARE EARTH METALS EXPORTS TO U.S. AS RETALIATION FOR RESTRICTIONS ON HUAWEI WOULD BE DISRUPTIVE FOR U.S. TECHNOLOGY SECTOR.FITCH SAYS FINANCIAL EFFECTS OF TRADE RESTRICTIONS ON TECH COS GETTING SIGNIFICANT REVENUE FROM CHINA/USING RARE EARTH MINERALS IN MANUFACTURING MAY BE MATERIAL.FITCH SAYS IT IS TOO EARLY TO ASSESS POTENTIAL CREDIT IMPLICATIONS ON TECH COS DUE TO NEW U.S., CHINA TRADE RESTRICTIONS.FITCH - BELIEVE EFFECTIVENESS OF UNILATERAL SANCTIONS WILL BE COMPLICATED BY CHINA'S DEPENDENCE ON CRITICAL COMPONENTS MADE BY FOREIGN COS, EXPORTS.FITCH SAYS SANCTIONS AGAINST QUALCOMM, CISCO AND GOOGLE ARE VIEWED AS LESS LIKELY AS CHINA IS DEPENDENT ON THEIR TECHNOLOGIES.FITCH SAYS LARGE RETAILERS INCLUDING WALMART, AMAZON MAY BE LESS VULNERABLE TO SANCTIONS DUE TO THEIR GLOBAL SCALE AND CHINA'S RELIANCE ON EXPORTS.FITCH SAYS VIEWS APPLE, DELL, HP AS POTENTIAL BLACKLIST CANDIDATES IF CHINA BLACKLISTS U.S. COMPANIES IN RETALIATION FOR RESTRICTIONS ON HUAWEI.FITCH SAYS BANS FOR NATIONAL SECURITY REASONS, ASSUMING CHINA'S ACTIONS ALIGN TO THOSE OF U.S., MAY ALSO BE A REACH FOR U.S. RETAILERS.  Full Article

Xerox Names Naresh Shanker Svp, Chief Technology Officer
Tuesday, 23 Apr 2019 11:00am EDT 

April 23 (Reuters) - Xerox Corp ::XEROX NAMES NARESH SHANKER SVP, CHIEF TECHNOLOGY OFFICER.XEROX CORP - APPOINTMENT OF NARESH SHANKER AS SENIOR VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER, EFFECTIVE MAY 6.XEROX CORP - APPOINTMENT OF NARESH SHANKER AS SENIOR VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER, EFFECTIVE MAY 6.XEROX CORP - SHANKER WILL SUCCEED STEVE HOOVER.XEROX CORP - PRIOR TO JOINING XEROX, SHANKER WAS CHIEF INFORMATION OFFICER OF HP INC.  Full Article

IDC Says Worldwide Market For PC Monitors Experienced Overall Y-O-Y Decline Of 2.1 Pct In Q4 2018
Friday, 29 Mar 2019 02:48pm EDT 

March 29 (Reuters) - International Data Corporation::INTERNATIONAL DATA CORPORATION SAYS WORLDWIDE MARKET FOR PC MONITORS EXPERIENCED AN OVERALL YEAR-OVER-YEAR DECLINE OF 2.1 PERCENT IN Q4 OF 2018.IDC SAYS QUARTERLY GROWTH REMAINED UNCHANGED WITH WORLDWIDE MONITOR SHIPMENTS TOTALING 31.4 MILLION UNITS IN Q4 2018.IDC - SEES 118 MILLION PC MONITOR UNITS SHIPPED FOR FY 2019, RESULTING IN YEAR-OVER-YEAR DECLINE OF 2.7 PERCENT IN WORLDWIDE SHIPMENTS TO 30.5 MILLION UNITS IN Q4 2019.IDC SAYS DELL RETAINED TOP POSITION IN Q4 WITH WORLDWIDE MARKET SHARE OF 21.6% ON SHIPMENTS OF OVER 6.7 MILLION UNITS.IDC SAYS LENOVO MAINTAINED ITS TOP 3 POSITION IN Q4 2018 WITH "SOLID" QUARTER-OVER-QUARTER GROWTH OF 4.3 PERCENT AND NEARLY 4 MILLION UNITS SHIPPED.IDC SAYS HP SAW MORE THAN 4.5 MILLION UNITS SHIPPED RESULTING IN 14.6 PERCENT SHARE IN Q4 2018.IDC SAYS BY 2020, WORLDWIDE SHIPMENTS OF PC MONITOR UNITS ARE EXPECTED TO BE ROUGHLY 114 MILLION UNITS.  Full Article

HP Expands Recall Of Batteries For Notebook Computers And Mobile Workstations Due To Fire And Burn Hazards
Tuesday, 12 Mar 2019 04:06pm EDT 

March 12 (Reuters) - HP Inc ::HP EXPANDS RECALL OF BATTERIES FOR NOTEBOOK COMPUTERS AND MOBILE WORKSTATIONS DUE TO FIRE AND BURN HAZARDS.U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS HP RECALL NOW INCLUDES 78,500 UNITS.  Full Article

HP Inc Reports Q1 NON-GAAP Earnings Per Share Of $0.52
Wednesday, 27 Feb 2019 04:05pm EST 

Feb 27 (Reuters) - HP Inc ::. REPORTS FISCAL 2019 FIRST QUARTER RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $0.52.Q1 GAAP EARNINGS PER SHARE $0.51.Q1 REVENUE $14.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $14.86 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.52 -- REFINITIV IBES DATA.FOR FISCAL 2019, HP IS UPDATING ITS ESTIMATE OF GAAP DILUTED NET EPS TO BE IN RANGE OF $2.00 TO $2.10.REAFFIRMS ITS PREVIOUS ESTIMATE OF NON-GAAP DILUTED NET EPS TO BE IN RANGE OF $2.12 TO $2.22 FOR 2019.ASSET MANAGEMENT INVENTORY ENDED QUARTER AT $5.6 BILLION, DOWN 1-DAY QUARTER OVER QUARTER TO 42 DAYS.FOR FISCAL 2019 Q2, HP ESTIMATES GAAP DILUTED NET EPS TO BE IN RANGE OF $0.45 TO $0.48.FOR FISCAL 2019 Q2 CO ESTIMATES NON-GAAP DILUTED NET EPS TO BE IN RANGE OF $0.50 TO $0.53.QTRLY PERSONAL SYSTEMS REVENUE $9,657 MILLION VERSUS $9,440 MILLION.REAFFIRMS ITS PREVIOUS ESTIMATE FOR FISCAL 2019 FREE CASH FLOW OF AT LEAST $3.7 BILLION.QTRLY PRINTING REVENUE $5,056 MILLION VERSUS $5,076 MILLION.FY2019 EARNINGS PER SHARE VIEW $2.20 -- REFINITIV IBES DATA.  Full Article

Hp Sets Cash Dividend Of $0.1602Per Share
Wednesday, 16 Jan 2019 05:07pm EST 

HP Inc ::SETS CASH DIVIDEND OF $0.1602PER SHARE.  Full Article

HP Inc Q4 Non-GAAP Earnings Per Share $0.54
Thursday, 29 Nov 2018 04:05pm EST 

Nov 29 (Reuters) - HP Inc ::HP INC. REPORTS FISCAL 2018 FULL YEAR AND FOURTH QUARTER RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.54.Q4 GAAP EARNINGS PER SHARE $0.91.Q4 REVENUE $15.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $15.1 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.54 -- REFINITIV IBES DATA.SEES FY 2019 GAAP EARNINGS PER SHARE $2.04 TO $2.14.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $2.12 TO $2.22.QTRLY PERSONAL SYSTEMS NET REVENUE $10,064 MILLION VERSUS $9,067 MILLION.QTRLY PRINTING NET REVENUE $5,300 MILLION VERSUS $4,859 MILLION.FISCAL 2019 NON-GAAP DILUTED NET EPS ESTIMATES EXCLUDE $0.08/DILUTED SHARE, PRIMARILY RELATED TO RESTRUCTURING & OTHER CHARGES, AMONG OTHER ITEMS.SEES Q1 2019 GAAP DILUTED NET EPS TO BE IN RANGE OF $0.46 TO $0.49.SEES Q1 2019 NON-GAAP DILUTED NET EPS TO BE IN RANGE OF $0.50 TO $0.53.FY2019 EARNINGS PER SHARE VIEW $2.19 -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE VIEW $0.52 -- REFINITIV IBES DATA.Q4 NON-GAAP NET EARNINGS AND NON-GAAP DILUTED NET EPS EXCLUDE AFTER-TAX ADJUSTMENTS OF $586 MILLION, OR $0.37 PER DILUTED SHARE.  Full Article

HP And Smartpress Sign Deal For HP Indigo High-Definition Presses
Tuesday, 2 Oct 2018 08:00am EDT 

Oct 2 (Reuters) - HP Inc ::HP AND SMARTPRESS SIGN MULTI-MILLION DOLLAR DEAL FOR HP INDIGO HIGH-DEFINITION PRESSES.HP INC - ALL FIVE PRESSES ARE SCHEDULED FOR INSTALLATION BY END OF THIS MONTH.  Full Article

HP Inc Announces Strategic Alliance With Go 4-D
Friday, 14 Sep 2018 11:00am EDT 

Sept 14 (Reuters) - HP Inc ::HP INC - STRATEGIC ALLIANCE WITH GO 4-D; GO 4-D TO DISTRIBUTE HP'S FITSTATION THROUGHOUT NORTH AMERICAN MEDICAL MARKET.  Full Article

HP Inc Says Board Authorized Additional $4 Bln For Future Repurchases Of Outstanding Shares
Wednesday, 20 Jun 2018 04:51pm EDT 

June 20 (Reuters) - HP Inc ::HP INC SAYS ON JUNE 19, BOARD AUTHORIZED AN ADDITIONAL $4.0 BILLION FOR FUTURE REPURCHASES OF ITS OUTSTANDING SHARES OF COMMON STOCK - SEC FILING.  Full Article

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HP, Dell, other tech firms plan to shift production out of China: Nikkei

Several major U.S.-based technology companies are planning to shift substantial production out of China, spurred by a bitter trade war between Washington and Beijing, the Nikkei reported on Wednesday, citing sources.