Actionable news
0
All posts from Actionable news
Actionable news in HPQ: HEWLETT-PACKARD COMPANY,

HP (HPQ) Stock Slumps, Deutsche Bank Cuts Estimates on Lowered Outlook

NEW YORK (TheStreet) -- Shares of HP (HPQ) were sliding in mid-morning trading on Thursday as the Palo Alto, CA-based maker of PCs and printers lowered its 2016 fourth quarter and full-year earnings estimates after Wednesday's market close.

HP forecast full-year earnings of $1.59 to $1.62 per share, down from its prior estimate of $1.59 to $1.65 per share. The company also cut its fourth quarter outlook to be between 34 cents and 37 cents per share, while analysts are looking for 41 cents per...


More