Latest HP FOCUS Stories
A day after Hewlett-Packard announced it was planning to spin off the business and cut its outlook, shares in the company dropped more than 15 percent. At least two brokerage firms downgraded HP's stock, citing uncertainty and expenses that will that will accompany the transition the computer giant is facing. "HPQ is undergoing a sound strategy transformation by focusing on high-growth, high-margin opportunities in the enterprise/commercial markets," said Gleacher and Co., one of the...
The HP (NYSE:HPQ) board of directors has declared a regular cash dividend of 8 cents per share on the company's common stock. The dividend, the fourth in HP's fiscal year 2008, is payable on Oct. 1, 2008, to stockholders of record as of the close of business on Sept. 10, 2008. HP has approximately 2.5 billion shares of common stock outstanding. About HP HP focuses on simplifying technology experiences for all of its customers - from individual consumers to the largest...
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