:HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market.Companies such as HP, Lenovo and Dell Technologies have seen demand ease from peaks hit during the pandemic, when work-from-home trends
FILE PHOTO: A screen displays the logo for HP Inc. at the New York Stock Exchange in New York, U.S., November 18, 2019. REUTERS/Brendan McDermid/File Photo:HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market.
Shares of Palo Alto, California-based HP were up more than 2 per cent in trading after the bell. They have fallen roughly 2 per cent so far this year. "Our Future Ready plan is strengthening our core business, accelerating our expansion in services, building new operational capabilities, and improving our structural costs," said HP CEO Enrique Lores.
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HP announces outlook for fiscal 2024 and hikes annual dividendHP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, sending its shares up more than 2 per cent in trading after the bell.The PC maker also forecast fiscal 2024 free cash flow of $3.1 billion to $3.6 billion and expects to return about 100 per cent
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RFK Jr declares independent 2024 presidential run, raises millions morePHILADELPHIA — Robert F. Kennedy Jr, an environmental lawyer, anti-vaccine activist and son of the former senator, announced on Monday (Oct 9) in Philadelphia that he is dropping his Democratic Party bid for president and will run as an independent. Kennedy sought to cast himself as a unifier and a voice for voters who are fed up with the US'...
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Malaysia likely to cut subsidies in 2024 budget for fiscal strengthKUALA LUMPUR - Malaysia is expected to make subsidy cuts for the well-off and provide cash aid for the needy as part of its budget plan for 2024, prioritising support for low-income households amidst a global slowdown and fiscal strains. Public finances are tight for the export-driven Southeast Asian economy, whose growth is expected to moderate to four per cent...
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Key industries to drive IPO market growth in 2024The IPO market climate in 2024 will be in favor of the healthcare, education, and technology sectors such as AI.
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Nikki Haley raises US$11 million in battle to take on Trump in 2024 Republican raceRepublican presidential candidate Nikki Haley raised more than US$11 million between July and September, according to her campaign, a significant haul that reflects growing interest in her bid to take on former US President Donald Trump for the party's nomination. Three months before Republicans hold their
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