Hewlett Packard Enterprise Company (HPE) Releases FY18 Earnings Guidance

Meg Whitman speaks with guests before the start of the third U.S. presidential debate in Las Vegas on Oct. 19 2016

"HPE is in a tremendous position to win, and we remain focused on executing our strategy, driving our innovation agenda, and delivering the next wave of shareholder value". If you are reading this piece on another website, it was stolen and reposted in violation of US & global copyright & trademark legislation.

"I've become quite loyal to Hewlett-Packard and Hewlett-Packard Enterprise", she said. She says that she has achieved the performance turnaround target that she set when she joined the company in 2011.

Since the breakup, Palo Alto, California-based HPE has furthered its transformation, spinning off a big chunk of its business software line-up previous year in an $8.8 billion deal with Micro Focus International PLC.

The combination of sliding earnings and Whitman's surprise announcement sent HPE shares tumbling nearly eight percent in early trading today.

The 61-year-old will now be replaced by Antonio Neri, who has been with HP for about 25 years.

Apple iPhone SE 2 coming by July, report claims
Some of Apple's fans are still sticking to the age-old thought of a 4-inch phone is as big as you will ever need it to be. The fact that the original iPhone SE found many takers is prove enough that people still like small screen smartphones.

MS-13 Members Decapitated Man in Maryland Park
The suspect, 19-year-old Miguel Angel Lopez-Abrego, who has an unconfirmed address, was charged with first-degree murder. He had short, dark brown hair and a missing lower tooth that may have been noticeable when he was speaking or smiling.

Enterprising Kenyans reap from Supreme Court ruling
"As a effect , the presidential election of October 26 is hereby upheld as is the election of Uhuru Kenyatta" the ruling said. The Jubilee supporters are selling both Kenyan and Jubilee flags to motorists and residents who have joined the celebrations.

Whitman will stay on the job until February 1, when HPE President Antonio Neri will take over as the company's CEO.

In other news, CEO Margaret C. Whitman sold 249,052 shares of the firm's stock in a transaction dated Thursday, September 14th. "Now is the right time for Antonio and a new generation of leaders to take the reins of HPE". She supported Mitt Romney's presidential campaign and unsuccessfully ran for governor of California herself in 2010.

Her resignation comes just two months after Whitman promised she was "not going anywhere". She added: "I love this company, and I wouldn't ever go to a competitor".

That problem was solved in 2015, when Whitman split the company in two. Victory Capital Management Inc. now owns 12,166,742 shares of the technology company's stock worth $178,973,000 after purchasing an additional 1,900,630 shares in the last quarter. The correct version of this article can be viewed at https://www.truebluetribune.com/2017/11/23/stoneridge-investment-partners-llc-invests-6-10-million-in-hewlett-packard-enterprise-company-hpe-2.html.

Bloomberg Technology's Gerrit De Vynck and Natalie Wong observe that "since 2009, 19 female CEOs of Standard & Poor's 500 companies have stepped down".

Related news:

Hot News

isis-killer-beheading-video-story-top Quick Take: Air China Grounds North Korea Route
Nov 24, 2017 - 01:38
Air China last cancelled flights to North Korea in April, citing low customer demand, but resumed them soon after. The spokesperson noted that their actions included expulsion of North Korean workers and diplomats.

isis-killer-beheading-video-story-top Kevin Durant: 'Time For Me To Stop Talking About [Thunder]'
Nov 24, 2017 - 01:37
"They got into a rhythm, the crowd got into the game, we turned the ball over and let them get off for easy layups", Durant said. Westbrook knocks Durant's dribble out of bounds, and both players emotions came to a head, with Durant mouthing NSFW words.

isis-killer-beheading-video-story-top Facebook will show users what Russian propaganda they liked or followed
Nov 24, 2017 - 01:33
The search would also be limited to the January 2015 - August 2017 timeframe. Facebook has since deactivated the accounts.

isis-killer-beheading-video-story-top Uber data breach raises unsettling questions for infosec
Nov 23, 2017 - 01:43
Two hackers managed to access personal information they stole from a "third-party cloud-based service". We are learning more about a data breach of over 50 million Uber drivers that occurred in late 2016.

isis-killer-beheading-video-story-top Chelsea destroy Qarabag for Round of 16
Nov 23, 2017 - 01:39
Hazard said: "We did everything well, apart from conceding the first chance when they hit the post". Maybe if we were not a small country or small team the decision would've been different.

isis-killer-beheading-video-story-top Three LeT terrorists from Pakistan killed in north Kashmir encounter
Nov 23, 2017 - 00:54
An encounter broke out between terrorists and security forces at Zirhama in the Trehgam area of the district on Tuesday. A senior police officer of Jammu and Kashmir police confirmed the death of an Indian Army jawan in the encounter.

isis-killer-beheading-video-story-top Donald Trump caresses turkey's rear before pardoning it for Thanksgiving
Nov 22, 2017 - 01:55
As Americans we accept this as normal, but how did it start? They were put on a flight home after Trump spoke with the president. Turkeys in the "presidential flock" also receive media training to acclimate them to television lights and crowd noises.

isis-killer-beheading-video-story-top Bombing at Nigeria mosque kills at least 50
Nov 22, 2017 - 01:41
There was no immediate claim of responsibility, but armed group Boko Haram carries out regular attacks in the region. Tuesday's attack was the first since Mubi town was liberated from Boko Haram insurgents in 2014.

isis-killer-beheading-video-story-top About LaVar Ball vs Donald Trump
Nov 22, 2017 - 01:28
Needless to say, Trump took to Twitter to respond to LaVar's comments, stating that he should have just left the kids in jail in China.

isis-killer-beheading-video-story-top Iranian Charged With Hacking HBO
Nov 22, 2017 - 01:28
He allegedly orchestrated a hacking scheme in an attempt to extort the company for $6 million worth of bitcoin. At the time, HBO said of the extortion scheme, "That's a game we're not going to participate in".

isis-killer-beheading-video-story-top CBS fires Charlie Rose amid sexual harassment allegations
Nov 22, 2017 - 01:28
Rose had co-hosted " CBS This Morning " since 2012 and appeared on PBS since 1991. This post was updated after PBS announced it was dropping the show.

isis-killer-beheading-video-story-top Democratic Strategist Calls for Al Franken to Resign
Nov 22, 2017 - 01:27
I take thousands of photos at the state fair surrounded by hundreds of people, and I certainly don't remember taking this picture. In a telling part of CNN's article , Menz says she would not have come forward if Tweeden had not done so first.

isis-killer-beheading-video-story-top Trump targets Raiders RB Marshawn Lynch in Twitter rant
Nov 21, 2017 - 01:39
Volin also noted that it is the "first time I've seen Lynch stand for the Mexican anthem", according to a November 19 tweet. Mr Lynch's demonstration came during a game against the New England Patriots in Mexico City.

isis-killer-beheading-video-story-top Department Of Justice To Sue To Block AT&T, Time Warner Merger
Nov 21, 2017 - 01:27
AT&T CEO Randall Stephenson said at the time that his company would not sell any assets and would fight the DOJ in court. Audio will be available later today .

isis-killer-beheading-video-story-top Diana Ross honored with the Lifetime Achievement Award at the AMAs
Nov 21, 2017 - 01:25
This says it all, this is my family, and I'm sending it out there to all of you, each and every one of you of our global family. Ross's show-closing performance was a true family affair.