Shares of Hewlett Packard Enterprise Co (NYSE:HPE) ended Friday session in green amid volatile trading. The shares closed up +0.05 points or 0.23% at $22.21 with 6.57 million shares getting traded. Post opening the session at $22.17, the shares hit an intraday low of $21.94 and an intraday high of $22.30 and the price vacillated in this range throughout the day. The company has a market cap of $38.08 billion and the numbers of outstanding shares have been calculated to be 1.66 billion shares.
Hewlett Packard Enterprise Co (HPE) on Sep 1, 2016 completed the pending sale of its equity stake in Mphasis Limited, a publicly-listed IT services provider in Bangalore, to private equity funds managed by Blackstone ( NYSE : BX ), one of the world’s leading investment firms. Blackstone purchased 100% of HPE’s stake in Mphasis for INR 430 per share, or approximately $825 million.
In conjunction with the sale, HPE also entered into a five-year renewal of its existing master services agreement with Mphasis, whereby Mphasis will continue to provide strategic service delivery capabilities to HPE.
Shares of HP Inc (NYSE:HPQ) ended Friday session in red amid volatile trading. The shares closed down -0.01 points or -0.07% at $14.49 with 8.33 million shares getting traded. Post opening the session at $14.61, the shares hit an intraday low of $14.45 and an intraday high of $14.70 and the price vacillated in this range throughout the day. The company has a market cap of $25.00 billion and the numbers of outstanding shares have been calculated to be 1.71 billion shares.
HP Inc (HPQ) on September 1, 2016 debuted two new PCs, HP Pavilion Wave and HP Elite Slice, that are revolutionizing traditional designs for the home and workplace. HP is transforming the desktop PC to create unique experiences that deliver the power customers expect in small, creative designs.
The HP Pavilion Wave is designed for entertainment and productivity for the home by combining desktop power and great audio experiences. For customers who want a PC that can fit into small places, the new offering is a beautiful and compact design with the power of a full-sized desktop. This unique desktop is built around a fully integrated, advanced audio system to play music, listen to movies, web chats and Cortana1. It features an iconic triangular form with an innovative parabolic reflector with an integrated speaker on top of the PC for superb, 360-degree sound to fill a room with crisp audio.
The HP Elite Slice, HP’s smallest desktop is a desktop built for communications and collaboration. It is the first modular commercial desktop with cable-less connectivity2 and enables customers to build the desktop of their choice. This desktop changes the way office space is designed by creating streamlined work environments that boast productivity. Versatility, performance and enterprise-grade security merge to deliver greater productivity and collaboration between employees while transforming the workplace and workstyles.