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Hewlett-Packard (HPQ) Beats Analyst Expectations for Fourth Quarter Earnings
Shares of Hewlett-Packard stock declined by -0.78 percent ending at 26.65 on Tuesday after the company reported better than expected earnings after the closing bell Monday afternoon. The stock initially rose four percent after the announcement in after-hours trading but subsequently dropped, ending 2.2 percent lower at $26.27.
The company reported earnings of $1.17 cents per share for its fiscal fourth quarter down from $1.33 cents for the same period last year. Revenue for the fourth quarter was $32.1 billion, versus $33.28 billion for the fourth quarter of 2010. The analyst consensus for H-P’s fourth quarter earnings according to Reuters was for $1.13 per share on revenues of $32.05 billion.
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Palo Alto, CA based Hewlett-Packard, one of the world’s largest tech firms, went through some key changes during the fourth quarter. The
Clive Maund: Gold to Profit from Economic Uncertainty
Clive Maund: Gold to Profit from Economic Uncertainty
The mountains of debt engulfing Western economies is likely to lead to hyperinflation according to Clive Maund, president of clivemaund.com. In this exclusive interview with Maund details the scenario he sees for collapse and reveals several gold stocks that could benefit.
Clive, on clivemaund.com you said “for fundamental and technical reasons the U.S stock markets look set to plunge soon.” So, it seems we’re headed for either deflation or hyperinflation. The course seems set for hyperinflation, but what’s your best guess as to what’s going to happen?
Clive Maund: The key point to grasp is that the world needs a “reset” and sooner or later it is going to get it.
IAG Enterprise Agreement: Weâ??re in the home straight
Blog No.1 – 3 May 2011
Blog No.2 – 17 May 2011
Blog No.3 – 10 June 2011
Blog No.4 - 21 June 2011
Blog No.5 - 7 July 2011
Blog No.6 – 22 July 2011
Blog No.7 – 23 August 2011
Blog No.8 – 12 September 2011
Blog No.9 – 24 October 2011
A new lifeline for inner city businesses
Reuters spoke to Mary Kay Leonard, CEO of the Initiative for a Competitive Inner City, a Boston-based national non-profit that educates investment-ready inner-city businesses about growth capital. The group last week held its seventh annual Inner City Capital Connections Program to match companies with capital providers in conjunction with Bank of America and Fortune magazine.
Q: What is ICIC?
A: ICIC is a national non-profit based in Boston. We’re basically a research and strategy firm focused on growing jobs in the most economically distressed areas in our cities. One of the issues we know that businesses in the inner cities face, especially smaller businesses, is the ability to access capital.
Q: Describe the Inner City Capital Connections Program.
A: We’ve tweaked it over the years, but essentially it finds strong and growing inner-city businesses that could grow more, but for capital. We
How to have fun and save money
If you’re looking for summer fun but burdened by a miniscule budget, consider what your community has to offer. A little creativity and a community activity guide can lead you to free fun in no time. Here are some ideas about how to have family fun without spending any (or much) money.
It’s easy to plop down major coin on entertainment. Food, activities and monthly memberships are fabulous fun, but not if you’re left with too little money to pay the bills. City tourism bureaus and chambers of commerce are great places to find out about fun, free summer activities that will enable you to still save money.
For little or no money, a community swimming pool is a great place to keep cool. Prices range from free to just a few dollars per visit, depending upon where you live. For frequent swimmers, season passes can translate into significant savings.
Top-of-the-line gym facilities, swimming pools and childcare are available at most local YMCA/YWCA facilities. Famil
Google preaches Congress on Wikileaks-style embargo for the Web
A representative for Google testified before Congress this week that legislation proposed in the Stop Online Piracy Act could crush First Amendment rights. So what is Google’s solution? Look to WikiLeaks.
The Stop Online Privacy Act, or SOPA, could squash sites across the globe for sharing material protected otherwise under copyright laws, which while established with good intentions, could carry hefty penalties and fines for people that wish to stream music or watch footage as innocent as home recordings of video game gameplay. While major corporations and other groups have lent their support, specifically the Motion Picture Association of America, SOPA has come under criticism from all over the Web for the implications it could have on the future of the Internet and information sharing as we now know it.
Google has previously attacked the proposed legislation, saying that it would be a big blow to freedom of speech and freedom of press guarantees under the United States Constitution. T
Wedding Styles: Indian
Learn how to have an Indian wedding in this wedding styles video. Experts: Barbara Esses and Ruthie Hecht
Wedding Styles: Indian is categorized as life and leisure. This video was licensed from Grab Networks.