Elliott Management is taking a stake worth more than $1.15 billion in Hewlett Packard Enterprise, CNBC reported Tuesday, citing people familiar with the matter.According to the report, the investment firm plans to engage with HPE leadership to explore strategies for enhancing shareholder value. Elliott...
The shares of Hewlett Packard Enterprise Company sank over 16% in after-hours trading on Thursday after the company revealed a weaker-than-expected second-quarter forecast in its earnings report published after the bell.HPE detailed it expects its revenue to be in the range of...
Hewlett Packard Enterprise Company announced on Thursday that its net revenue in the first quarter of its fiscal 2025 stood at $7.9 billion, rising 16% compared to the same period a year prior. The figure came in above analysts' estimates. The company said its diluted earnings per share (EPS)...
The United States Department of Justice (DoJ) sued to block Hewlett Packard Enterprise Company (HPE) from acquiring Juniper Networks Inc., citing antitrust concerns."HPE and Juniper are successful companies. But rather than continue to compete as rivals in the WLAN marketplace, they seek to...
Shares of Hewlett Packard Enterprise Company (HPE) rose by over 11% on Friday after the company's revenue in the fourth quarter of its fiscal 2024 topped analysts' expectations.Namely, HPE revealed that its net revenue in the reported quarter grew by 15% compared to the same timeframe a...
Hewlett Packard Enterprise Company announced on Thursday that its net revenue in the fourth quarter of its fiscal 2024 jumped 15% compared to the same period the year before, to land at $8.5 billion, surpassing analysts' forecasts.The company said its diluted earnings per share (EPS) soared 102%...
The week ahead will have investors looking at Tuesday for Salesforce Inc.'s third-quarter results, before moving on to Hewlett Packard Enterprise Company's fourth-quarter financial report on Thursday.Salesforce's revenue for the second quarter of its fiscal 2025 topped analysts' expectations,...
Hewlett Packard Enterprise Company announced on Wednesday that its net revenue in the third quarter of its fiscal 2024 jumped 10% compared to the same period the year before, to land at $7.7 billion.The company said its diluted earnings per share (EPS) surged 9% year-over-year to stand at $0.38...
As the current earnings season winds down, the week beginning today will see another series of company earnings reports, this time, mostly technology-oriented ones including Hewlett Packard Enterprise (HPE), NIO Inc., and Broadcom Inc.HPE is set to release its financial figures for the third...
The European Commission cleared on Thursday the acquisition of Juniper by Hewlett Packard Enterprise Company in a deal worth $14 billion. The deal, announced back in January, is also being probed by Britain's antitrust enforcer.The Commission stated that the transaction will not significantly reduce...
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