Hewlett-Packard has had some bad quarters in its 73 years, but perhaps none as bad as its latest -- when it reported a loss of $8.9 billion on sales that fell 5% to $29.7 billion. The poor third-quarter results produced little drama on ...
Tags: HP, Wall Street, CEO, Meg Whitman
Hewlett-Packard said Wednesday that it would take an $8 billion charge in its third fiscal quarter owing to weakness in its enterprise services division. The writedown is technically for "the impairment of goodwill" associated with HP's ...
Tags: HP, charge, third fiscal quarter, enterprise services division
HP has appointed Mike Nefkens as Executive Vice President of HP Enterprise Services, it announced today. Nefkens, who has held the title of EMEA GM for HP Enterprise Services for the last three years, will now be responsible for driving ...
Tags: EMEA, enterprise services, executive vp, gm, highlightedpost, HP
Computerworld - HP has agreed to transfer 3,000 of its employees to the General Motors payroll, as the automaker moves IT operations in-house, the two companies announced Thursday. GM CIO Randy Mott said the car company hopes to add the ...
Hewlett-Packard(HP)CEO Meg Whitman has unveiled a five-year turnaround plan for the troubled enterprise IT company,admitting the turnaround would take longer than expected. Speaking at an analyst briefing,she said:"We have to focus on ...
Tags: Meg Whitman, HP, turnaround plan, drive its business strategy, CRM system
HP warned investors of a colossal quarterly loss in its third fiscal quarter after writing down $8bn (£5.1bn) on its services arm, of which the majority lies with its $13.9bn (£8.8bn) purchase of IT equipment and services ...
Tags: HP, Meg Whitman, Nefkens, Mike Lynch