Thursday, May 24, 2012

Hewlett-Packard To Lay Off 27000 Employees; 2Q Profit Down 31 ...

The Story
Recently
Hewlett-Packard To Lay Off 27000 Employees; 2Q Profit Down 31 ...
May 24th 2012, 12:43

You are here: Home » Hpq » Hewlett-Packard To Lay Off 27000 Employees; 2Q Profit Down 31%

By on Thursday, May 24, 2012

In a bid to reduce costs and help the company contend with declining demand for computers and services, Hewlett-Packard Co (NYSE : HPQ) is planning to cut up to 25000 jobs, or 8 percent of its workforce.

Implied volatility in Hewlett Packard (HPQ) options is elevated after DELL's earnings disappointment and heading into H-P's earnings, due out after the closing bell. The stock is down 82 cents to $20.95 in brisk trading of 37

Margins were also fairly solid. Gross margin improved over two points from last year, but did slide a similar amount sequentially. Operating income improved both sequentially and annually, and the company's operating

Implied volatility in Hewlett Packard (HPQ) options is elevated after DELL's earnings disappointment and heading into H-P's earnings, due out after the closing bell. The stock is down 82 cents to $20.95 in brisk trading of 37

Hewlett Packard (NYSE:HPQ) closed Monday's positive trading session at $21.89. In the past year, the stock has hit a 52-week low of $21.28 and 52-week high

Tags: hp, hp news, hpq, jpm, lulu, netapp Categories: Hpq

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions