|Bid||20.11 x 4000|
|Ask||20.12 x 4000|
|Day's range||19.97 - 20.26|
|52-week range||15.93 - 24.09|
|Beta (3Y monthly)||1.50|
|PE ratio (TTM)||9.71|
|Earnings date||25 Feb 2020 - 2 Mar 2020|
|Forward dividend & yield||0.70 (3.52%)|
|1y target est||20.52|
"HP shareholders deserve the opportunity to decide for themselves whether a combination with Xerox makes sense before the idea is summarily rejected by HP's board," Icahn said. Icahn, who has 10.85% stake in Xerox and 4.24% in HP, said the combination could yield over $2 billion in cost savings. "The combination of HP and Xerox is one of the most obvious no-brainers I have ever encountered in my career," he said.
Climate change is accelerating. To avoid catastrophic temperature rises, we need to cap our carbon emissions now and begin the swift journey to net zero by 2050. Corporate activism is the game-changer we need.
Cyber Monday is gradually gaining more attention from bargain hunters than Black Friday. These ETFs and stocks could be great picks in this regard.
HP's (HPQ) fourth-quarter fiscal 2019 results benefit from growing demand in the Commercial PC market. However, soft consumer market and weakness in the Printing business are negatives.
If HP wants to convince shareholders that it can afford to reject Xerox’s $33bn acquisition it will need a better argument than its latest set of quarterly results. Fellow printer maker Xerox wants to buy bigger rival HP for $22 per share, a 20 per cent premium to HP’s undisturbed share price. Activist investor Carl Icahn, who owns shares in both companies, is pushing for the partnership.
HP (HPQ) delivered earnings and revenue surprises of 3.45% and 0.86%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
PALO ALTO, Calif., Nov. 26, 2019 -- HP (NYSE: HPQ) ●Fiscal 2019 GAAP diluted net earnings per share (“EPS”) of $2.07, below the previously provided outlook of $2.31 to $2.35.
"We plan to engage directly with HP shareholders to solicit their support in urging the HP Board to do the right thing and pursue this compelling opportunity," Xerox said in a letter to HP's board. HP on Sunday rejected Xerox's $22 per share offer that consists of $17 in cash and 0.137 Xerox share for each HP share, saying the offer "significantly undervalues HP". The computer maker also accused Xerox of using aggressive words and actions to force a potential combination on opportunistic terms and without providing adequate information.
deal to sell its online ticketing subsidiary StubHub to rival reseller Viagogo. The shopping spree suggests that a dealmaking boom across the corporate world remains intact, after a pause attributed to shrinking confidence among executives and fears of a slowdown in global growth.
Among all the disparities between men and women in the workplace, be it between levels of pay, positions of executive authority or governance roles at board level, the common factor running through them ...
The personal computer maker said last Sunday it rebuffed Xerox's offer, and that it was open to exploring its own bid for the U.S. printer maker. Xerox had offered HP shareholders $22 per share, involving $17 in cash and 0.137 Xerox share for each HP share, according to a Nov. 5 letter. "We reiterate that we reject Xerox's proposal as it significantly undervalues HP," HP said in a letter to Xerox made public on Sunday.
HP Inc. (HPQ) today announced that HP has sent a letter to Xerox Holdings Corporation in response to Xerox’s November 21, 2019 letter. The HP Board of Directors has reviewed and considered your November 21 letter, which has provided no new information beyond your November 5 letter. In particular, there continues to be uncertainty regarding Xerox’s ability to raise the cash portion of the proposed consideration and concerns regarding the prudence of the resulting outsized debt burden on the value of the combined company’s stock even if the financing were obtained.
Though it is a shortened trading week due to Thanksgiving and Black Friday, investors will be paying close attention to the trade war and consumer.
Hewlett Packard Enterprise (HPE) shares have surged 34% in the last three months. Now the question is will HPE's recent run of success continue after it reports its quarterly financial results on Monday, November 25?
HP's (HPQ) fourth-quarter fiscal 2019 results are likely to reflect high demand in the commercial PC market. However, weakness in the Printing business might have posed a threat to the stock.
HP on Sunday rejected Xerox's offer of $22 per share, saying it undervalued the company, and that it was open to exploring its own bid for the U.S. printer maker. "We are confused by this reasoning in that your own financial adviser, Goldman Sachs & Co, set a $14 price target with a 'sell' rating for HP's stock after you announced your restructuring plan," Xerox wrote in its letter to HP. "Unless you and we agree on mutual confirmatory due diligence to support a friendly combination by Nov. 25, Xerox will take its compelling case to create superior value for our respective shareholders directly to your shareholders," the company said in the letter.
HP (HPQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today at Autodesk University, HP Inc. announced HP ZCentral, a solution powering the next-gen of computing with the world’s first single sourced remote workstation solution. ZCentral centralizes high-end computer power in a single location, liberating power-users who work on graphics-intensive applications, and enabling remote, mobile and fluid workstyles.