Latest Hewlett Packard Enterprise Co News

Former British tech star depicted as scam artist, visionary in trial about HP's disastrous 2011 deal

Mar. 18, 2024 17:49 PM EDT

SAN FRANCISCO (AP) — Federal prosecutors on Monday painted one-time British tech star Mike Lynch as the ruthless mastermind of an $11 billion deal that defrauded Silicon Valley pioneer Hewlett Packard. But his lawyer depicted him as a visionary who was made a scapegoat for a...

HP: Fiscal Q1 Earnings Snapshot

Feb. 28, 2024 16:31 PM EST

PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — HP Inc. (HPQ) on Wednesday reported fiscal first-quarter earnings of $622 million. The Palo Alto, California-based company said it had net income of 62 cents per share. Earnings, adjusted for one-time gains and costs, were 81...