Hewlett Packard News

On the heels of reporting earnings that soundly beat expectations despite business conditions that are about as bad as anyone can remember , tech giant Hewlett-Packard today announced a shake-up in its financial office.

PC VENDOR HP has unveiled the Envy Rove20 all-in-one PC, an Intel Haswell powered mobile computer that is aimed at liberating the traditional desktop PC from the desktop.

Few companies have had more drama in the past few years than Hewlett-Packard . Not only was CEO Mark Hurd fired in 2010 amid a sexual harassment investigation, but his successor, Leo Apotheker, also got the boot just a year later.

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Despite a continuing slide in sales and profit, Hewlett-Packard on Wednesday posted second-quarter earnings that beat Wall Street expectations for the second quarter in a row.

"You thought they were going to miss big and they didn't," Cramer said. He also noted there were a lot of short-sellers in the name who expected some bad numbers because of Dell's recent woes.

U.S. stocks edged down on Thursday but rebounded sharply from their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.

P CEO Meg Whitman has pulled the company out of the abyss. Her next tasks may be equally daunting.

Thin clients introduced this week by Dell and Hewlett-Packard have faster processor than existing thin clients as well as high-definition graphics capabilities, so they could be alternatives to traditional PCs as computing continues moving to the cloud.

Lenovo Group's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.

Hewlett-Packard is introducing a new HP Android tablet hybrid, the SlateBook x2, that's aiming to rival the popular iPad2.

Hewlett-Packard has introduced a new wave of Envy and Pavilion thin and light laptops, including an 11.6-inch touchscreen model priced aggressively at US$399. The lineup includes three TouchSmart laptops with touchscreens and two non-touch laptops.

Pre-Market Movers Hewlett-Packard Company, GameStop Corp, Ocean Rig UDW, Syngenta AG, ExOne Co., Cleantech Solutions International, 3D Systems Corporation, Advanced Micro Devices and Molycorp Inc.

The numbers: They were good. PC maker Hewlett-Packard reported a 32% which helped HP's bottom line.

HP has come up with a creative solution for the desk bound crowd. Its all-new HP ENVY Rove 20 can be carried with you wherever you may want to go.

Hewlett-Packard is moving into the innovative new category of tabletop computing today with the announcement of its HP Envy Rove 20 all-in-one computer.

Hewlett-Packard is unveiling a small army of computers today that will use Intel's next-generation microprocessors, code-named Haswell, for better processing without an increase in power consumption.

On the same day that HP had to admit to lackluster consumer PC sales , the company is announcing a new raft of consumer notebook computers.

A reeling personal computer giant releases earnings, while one company's stock takes a hit off the news of Microsoft's Xbox One.

Hewlett-Packard Co. , the largest personal-computer maker, forecast fiscal third-quarter profit that topped analysts' estimates after the company cut costs to counter slumping demand for desktops and laptops.