Nov 24- HP Inc, which houses former Hewlett-Packard Co's legacy printer and PC business, cut its full-year adjusted profit forecast, hurt by weak PC and printer sales. HP Inc said it now expected an adjusted profit of $1.59- $1.69 per share for 2016, compared with its previous forecast $1.67- $1.77 per share. The results are the last for Hewlett-Packard, the tech...» Read More
Discussing Google's plan to make workplace communication easier, beating Microsoft, and the problem with legacy contracts, with Amit Singh, Google for Work President.
Oct 26- Xerox Corp, best known as a maker of printers and copiers, reported quarterly revenue below analysts' average estimate and said it would undertake a "comprehensive review of structural options." Xerox's shares were up nearly 1 percent at $10.43 in premarket trading on Monday. Xerox and its rival printer makers Lexmark International Inc and...
Sept 16- Shares of Hewlett-Packard Co rose as much as 5 percent on Wednesday as investors cheered plans for the company's soon-to-be separated but struggling PC and printer business to return more capital to shareholders than many had expected. HP Inc, which will house the PC and printer business when HP is split up on Nov. 1, is expected to generate free cash flow...
July 24- Xerox Corp barely managed to eke out a profit in the second quarter after the printer and copier maker took a charge related to a revamp of its business that provides administrative and care-management services to government healthcare programs. Xerox, whose shares were down 0.7 percent in premarket trading, said last week it would record a charge of...
July 24- Xerox Corp barely eked out a profit in the second quarter after the printer and copier maker took a charge related to a revamp of its business that provides administrative and care-management services to government healthcare programs. Xerox, whose shares were down 3.3 percent in premarket trading, said last week it would record a charge of about $145...
July 21- Printer maker Lexmark International Inc said it would cut jobs to offset costs resulting from recent acquisitions as part of efforts to focus on software and services. Lexmark and larger rivals such as Hewlett-Packard Co and Xerox Corp are pushing into high-value software and services business as companies reduce printing to cut costs and...
July 21- Printer maker Lexmark International Inc forecast third-quarter profit well below Wall Street's estimates and said it would cut about 500 jobs as it absorbs recently acquired businesses. Lexmark said the restructuring is expected to generate $2 million savings in 2015 and annualized savings of $65 million beginning in 2017..
July 21- Printer maker Lexmark International Inc said it would cut 500 jobs, or about 4 percent of its global workforce, as the company integrates its recently acquired businesses and tries to soften the impact of a strong dollar. Lexmark swung to a quarterly loss in the second quarter ended June 30, hurt by an 11 percent decline in revenue in its imaging solutions...
Antonio Neri, senior vice president and general manager at HP Enterprise Group, discusses the announcement that HP will formally divide into two publicly-traded companies by November 1.
Companies – even new ones – appear to be skipping out on capex, but that spending may just not get counted because your kid is playing with it, UBS said.
The virtual office has made communications among far-flung teams tough, but this business app lets people share data from any device.
Phone-based customer service could soon improve, thanks to this company, whose aim is to provide a better, faster call-center experience.
Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.
Canon reported a slight rise in profit thanks to a weak yen, even as its camera business struggled to attract photographers.
Japan's Canon reported a slight rise in profit thanks to a weaker yen, even as its camera business struggled to attract photographers.
Tim Bajarin, President at Creative Strategies, says the tech giant is is facing very strong competition in servers.
Modems and routers are bigger energy hogs than laptops and cell phone chargers. On a national scale, it’s pretty staggering: $1 billion a year in electricity.
What’s the next economic revolution? According to General Electric Chief Economist Marco Annunziata, it’s the “industrial Internet” — intelligent machines such as jet engines, power turbines and medical devices.
In Europe, China and America, the major determinants of economic and market performance in the year ahead are political, not economic.
The startup Bromium is taking a completely new approach to security software, using virtualization technology. But will it shake up the $60 billion market?