BlackRock's HPS and Brookfield’s Oaktree took over a firm that provides lighting, rigging and other services for Hollywood productions, wiping out as much as $900 million of debt, according to sources
BlackRock's HPS and Brookfield’s Oaktree took over a firm that provides lighting, rigging and other services for Hollywood productions, wiping out as much as $900 million of debt, according to sources
HP'S CFO SAYS THAT AS SIGNALED LAST QUARTER, IT EXPECTS ITS Q4 MARGIN TO BE BELOW Q3 LEVELS BEFORE SEQUENTIALLY IMPROVING INTO FY27, ADDING THAT IT EXPECTS TO BRING ITS PERSONAL SYSTEMS OPERATING RATE BACK INTO ITS LONG-TERM RANGE AS QUICKLY AS POSSIBLE IN FY27
HP'S CFO SAYS IT REMAINS ALIGNED WITH INDUSTRY EXPERTS PROJECTING THE PC UNIT TAM TO DECLINE HIGH TEENS Y/Y FOR H2 OF THE CALENDAR YEAR, AND EXPECTS BELOW-SEASONAL REVENUE PERFORMANCE IN Q4 GIVEN THE IMPACT OF COMMODITY-DRIVEN PRICE INCREASES.
HP'S CFO SAYS IT CONTINUES TO EXPECT INPUT COSTS TO RISE, PUTTING NEAR-TERM PRESSURE ON OPERATING MARGINS PARTICULARLY IN PERSONAL SYSTEMS, WHICH IT IS FACTORING INTO ITS Q4 OUTLOOK ALONG WITH TRACTION ON ITS COST MITIGATION PLAN.
HP'S INTERIM CEO SAYS IT SIGNED A THREE-YEAR $100 MLN AGREEMENT WITH RRD IN Q3, ONE OF THE WORLD'S LEADING PRINT SERVICE PROVIDERS, ADDING THAT HE IS UNABLE TO SHARE DETAILS OR A TIMELINE ON THE PERMANENT CEO APPOINTMENT THOUGH THE SEARCH IS PROCEEDING WELL.
HP'S INTERIM CEO SAYS AI PCS ARE STILL EXPECTED TO BE 50% OF THE COMPANY'S SHIPMENT MIX BY THE END OF THIS FISCAL YEAR, CITING PARTICULAR PLEASURE WITH THE CONTINUED STRENGTH OF ITS AI PC PORTFOLIO AND SHARE GAINS IN HIGH-VALUE SEGMENTS WHILE MANAGING COMMODITY HEADWINDS WITH ITS MITIGATION PLAYBOOK.
HP'S INTERIM CEO SAYS IT SIGNED A THREE-YEAR $100 MLN AGREEMENT WITH RRD IN Q3, ADDING THAT THE PERMANENT CEO SEARCH IS PROGRESSING WELL THOUGH NO DETAILS OR TIMELINE ARE AVAILABLE.
HP'S INTERIM CEO SAYS AI PCS ARE STILL EXPECTED TO REACH 50% OF THE SHIPMENT MIX BY FISCAL YEAR-END, CITING CONTINUED STRENGTH IN THE AI PC PORTFOLIO AND SHARE GAINS IN HIGH-VALUE SEGMENTS WHILE MANAGING COMMODITY HEADWINDS.