Welcome to our dedicated page for HP news (Ticker: HPQ), a resource for investors and traders seeking the latest updates and insights on HP stock.
HP Inc. (HPQ) reports developments across its personal systems and printing businesses, with recurring updates on fiscal results, commercial PCs, workstations, printers, gaming hardware, workplace software, and security capabilities. The company’s news frequently covers AI-enabled HP EliteBook, ProBook, EliteDesk, and HP Z devices, LaserJet products, HP Wolf Security and TPM Guard protections, and enterprise management through the HP Workforce Experience Platform.
Product announcements also include HyperX and OMEN gaming desktops, controllers, headsets, software, and performance-tuning tools. Financial news centers on earnings releases, capital returns, operating performance, and governance changes tied to HP’s global PC and printing operations.
HP Inc. (NYSE: HPQ) has announced the pricing of a public offering of $2.0 billion in senior unsecured notes. This includes $1.0 billion of 4.000% notes due 2029 and $1.0 billion of 4.200% notes due 2032, priced at 99.767% and 99.966% of their principal amounts, respectively. Proceeds will be used for general corporate purposes, including debt repayment, acquisitions, and share repurchases, with the offering expected to close on March 31, 2022. The transaction is managed by several renowned financial institutions and is registered with the SEC.
HP Inc. (HPQ) has announced a definitive agreement to acquire Poly (POLY) for $3.3 billion in an all-cash transaction, enhancing its portfolio of hybrid work solutions. The acquisition is driven by the increasing demand for workplace collaboration technologies, particularly as hybrid work becomes prevalent. HP aims to achieve $500 million in revenue synergies by FY25 and expects immediate accretion to revenue growth and margins. The transaction is set to close by the end of 2022, pending stockholder approval and regulatory clearances.
HP and Hershey celebrate International Women’s Day by unveiling a new film and continuing their #HerShe campaign. Now in its third year, the campaign utilizes HP Indigo's digital printing technology to highlight female talent through limited edition Milk Chocolate Bars. This year's initiative includes QR codes that link consumers to stories celebrating women’s contributions. The campaign aims to promote gender equality and has successfully reached nearly 2 billion social media impressions in Brazil. HP Indigo's printing technology is key to engaging audiences and enhancing brand storytelling.
HP (NYSE: HPQ) reported a strong first quarter for fiscal 2022, with GAAP diluted net EPS of $0.99, surpassing the outlook of $0.92 to $0.98. The company achieved net revenue of $17.0 billion, an 8.8% increase year-over-year. Operating cash flow was reported at $1.7 billion, with free cash flow of $1.4 billion. HP returned $1.8 billion to shareholders through share repurchases and dividends. Looking ahead, HP updated its fiscal 2022 EPS guidance to a range of $3.87 to $4.07, with free cash flow expectations of at least $4.5 billion.
HP Inc. has launched the HP LaserJet Tank MFP 2600s, aimed at small business owners seeking cost-effective printing solutions. The device features a mess-free toner refill system that fills in 15 seconds and prints up to 5000 pages before needing a reload. It offers low cost per page and includes a durable imaging drum with a 50,000-page lifespan. The product is designed for high-volume printing, featuring automatic duplex printing and a 40-sheet auto document feeder. It is also Energy Star certified, indicating a commitment to sustainability.
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HP Inc. (NYSE: HPQ) will host a live audio webcast on February 28, 2022, at 5:00 p.m. ET to discuss its financial results for the first fiscal quarter ending January 31, 2022. The webcast will be accessible on the company's investor relations website and will be available for replay for approximately one year. HP Inc. focuses on technology solutions, including personal systems and 3D printing services.
HP Inc. announced the acquisition of Choose Packaging, a company known for its patented zero-plastic paper bottle technology. The move aims to enhance HP’s capabilities in the sustainable packaging market, potentially worth $10 billion. Choose's innovative bottles, composed of non-toxic materials, present a viable alternative to traditional plastic packaging.
Through this acquisition, HP intends to align its sustainability goals and disrupt the market for single-use plastics, leveraging its expertise in 3D printing and scaling Choose’s operations globally.
Deluxe has announced an upgrade to its Check and Promotional Solutions, introducing digital and print-on-demand capabilities through the HP PageWide Web Press T250 HD with HP Brilliant Ink. This investment aims to enhance product offerings, enabling faster implementation and expanded designs. Deluxe's President notes that these advancements will contribute to revenue growth over time, targeting their four million small business and 4,000 financial institution customers. Deluxe's commitment to innovation with HP strengthens its market position and aligns with the ongoing evolution towards digital payments.
HP Inc. has announced a cash dividend of $0.25 per share on its common stock, marking the second dividend of fiscal year 2022. The payment is scheduled for April 6, 2022, with a record date of March 9, 2022, for stockholders. HP has approximately 1.1 billion shares outstanding. Additionally, HP Inc. has set the record date for its 2022 annual meeting on February 18, 2022, with the meeting slated for April 19, 2022. Stockholders will receive pertinent information regarding the meeting.