HPE shares dip 4% on revenue decline

2019-11-25

Shares of Hewlett Packard Enterprise Co. dipped 4% in after-hours trading Monday after the computing giant reported fourth-quarter revenue that fell short of analyst estimates. The major culprit, as in previous quarters: Longer sales cycles for bigger deals because of economic and geopolitical uncertainty, company executives said. The San Jose,Read More →

Pure Storage blames pricing environment for earnings miss

2019-11-21

Pure Storage Inc. joined a group of hardware companies that have put a damper on hopes for a second-half rebound, blaming a tough pricing environment and slowing economy for its fiscal third-quarter earnings shortfall and weaker outlook for the fourth quarter. On Thursday, after the company’s disappointing results, shares ofRead More →

HP is still being disrupted by the internet in 2019

2019-02-27

HP Inc.’s comeback hit a big speed bump Wednesday as something called “online” caught up with its printing-supplies business. HP HPQ, -0.21% revealed Wednesday that one of its biggest money-makers, selling printing supplies, faces new pressure due to internet sales, which is squeezing previously juicy margins, especially in some overseasRead More →