On Tuesday, Hewlett-Packard Company (NYSE:HPQ)’s shares inclined 0.26% to $27.11.
HP Declares Fiscal 2016 Financial Outlook for Hewlett Packard Enterprise
- Estimates non-GAAP diluted net EPS for fiscal 2016 of $1.85 to $1.95 and GAAP diluted net EPS for fiscal 2016 of $0.75 to $0.85
- Estimates free cash flow of $2.0 to $2.2 billion in fiscal 2016 or normalized free cash flow of $3.7 billion before separation and restructuring cash payments
- Anticipates to return at least 50% of free cash flow in fiscal 2016 to shareholders through dividends and share repurchases
Recently at HP’s 2015 Securities Analysts Meeting, the future Hewlett Packard Enterprise Company leadership team offered a strategy update and financial outlook for the new company.
The new Hewlett Packard Enterprise will have more than $50 billion in annual revenue and will be focused on delivering unrivaled integrated technology solutions to a market that has the potential to exceed $1 trillion over the next three years. Hewlett Packard Enterprise will trade under the ticker symbol “HPE”.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to to the government, health, and education sectors worldwide. The company’s Personal Systems segment offers commercial personal computers (PCs), consumer PCs, operate stations, thin clients, tablets, retail point-of-sale systems, calculators and other related accessories, software, support, and services for the commercial and consumer markets.
Ascent Solar Technologies, Inc. (NASDAQ:ASTI)’s shares decreased -11.93% to $0.242.
Ascent Solar Technologies, Inc. ( ASTI), declared the Company’s EnerPlex Generatr 100 won a Best of Show Award for the Most Versatile Charging Accessory at the CTIA Super Mobility Conference from iPhone Life Magazine.
The EnerPlex Generatr™100 is a lightweight and portable power solution for a wide array of consumer electronics. This 100 has USB outputs for phones and tablets, a 12V port for lights, and a standard 110V outlet for powering laptops and other large electronics. The Generatr 100 can be charged via wall outlet, or sun using EnerPlex’s patented solar panels.
Ascent Solar Technologies, Inc., a development stage company, designs and manufactures photovoltaic integrated consumer electronics; and portable power applications for commercial and military users.
At the end of Tuesday’s trade, Joy Global Inc. (NYSE:JOY)‘s shares gained -5.49% to $18.64.
Joy Global Inc. (JOY) declared that administration will take part in the Morgan Stanley 3rd Annual Laguna Conference featuring Industrials, Freight Transportation, Autos, Airlines, Machinery, Aerospace and Defense being held at the Montage Laguna Beach Hotel in Laguna Beach, California. Ted Doheny, President and Chief Executive Officer, is planned to present at the conference on Thursday, September 17, at 3:10 p.m. PDT (6:10 pm EDT).
Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment.
Trimble Navigation Limited (NASDAQ:TRMB), ended its Tuesday’s trading session with 0.23% gain, and closed at $17.41.
Trimble (TRMB) introduced the R2 GNSS receiver, a receiver that operates with Trimble® handheld devices and iOS, Android or Window® mobile handhelds, smart phones and tablets using Bluetooth® or USB connectivity. When paired with a mobile device, the receiver adds professional-grade Global Navigation Satellite System (GNSS) capabilities to enable high-accuracy data collection. The rugged and simple-to-configure Trimble R2 provides Geographic Information System (GIS) and survey professionals the flexibility to choose the mobile device, workflows and accuracy they need based on their application.
The declaration was made recently at INTERGEO 2015, the world’s largest conference on geodesy, geoinformatics and land administration.
Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software.
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