The First Lady of Ukraine, Olena Zelenska, met with representatives from HP Inc. and the Global Business Coalition for Education, at the Ukraine House cultural center in Washington, DC, to accept the company’s donation of technology and educational materials aimed at supporting thousands of students, teachers and health professionals in Ukraine. HP’s “Digital Equity for […]
Tag: HP Inc
Buffett’s Berkshire Hathaway acquired a 11.4% stake in HP
Warren Buffett’s Berkshire Hathaway revealed on Wednesday that it had bought nearly 121 million shares of HP Inc. stock, according to foxbusiness.com. Berkshire acquired the shares this week during a series of trades, according to Reuters. With this investment, Berkshire acquires an approximately 11.4% stake in HP, valued at approximately $ 4.2 billion. The company’s […]
HP: Agreed on $ 3.3 billion acquisition of Poly.
HP Inc. said it had agreed to buy its communications company Poly Workplace in a $ 1.71 billion deal. HP will pay $ 40 in cash for each share of Poly, valuing the company at $ 3.3 billion, including the company’s net debt. The price of the deal is a premium higher than 50% of […]
Zoom Video, American Eagle, FireEye, Moderna & more
Check out the companies making headlines before the bell: Zoom Video (ZM) — The video conferencing company reported earnings of 15 cents per share on revenue of $188.3 million. Wall Street was expecting earnings of 7 cents per share on revenue of $176.5 million, according to Refinitiv. American Eagle (AEO) — The retailer’s quarterly earnings beat on […]
Coronavirus means we’ll miss Q3 Windows segment guidance
Microsoft shares fell 2% in extended trading on Wednesday after the company said it doesn’t expect to meet the quarterly revenue guidance it previously provided for the segment that includes Windows. The move comes during a week that has seen a market selloff amid fears about the virus. Last week Apple disclosed that it did […]
Dow 2-day drop totals 1,910, Kudlow doesn’t help, Cramer stays away
This is a live blog. Check back for updates A trader works at the New York Stock Exchange in New York, the United States, on Feb. 24, 2020. Photo by Wang Ying | Xinhua | Getty 4:01 pm: Dow drops 3%, bringing 2-day point loss to 1,910 Major averages slid on Tuesday, accelerating Monday’s sharp […]
Microsoft has taken strides to make Surface devices easier to repair
Satya Nadella, chief executive officer of Microsoft Corp., speaks during the unveiling of the Surface Pro 3 at an event in New York on May 20, 2014. Jin Lee | Bloomberg | Getty At Microsoft’s annual hardware event in October, product chief Panos Panay wanted to show the audience just how easy it is to […]