Analysts cut profit estimates for Compaq's first quarter

Article Abstract:

Compaq Computer Corp. is expected to post lower-than-anticipated profits for the 2001 first-quarter. The company is expected to post approximately 17 US cents (18.6 European cents) per share in profits, compared to a previously-expected 20 cents per share.

---

Hewlett second-quarter profit drops 66%, but tops forecasts

Article Abstract:

Hewlett-Packard Co. posted a drop of 66% in its profits for the 2001 second-quarter. The company, which forecasted a drop for the current period, posted $319 million in net income for the quarter.

Finance, Hewlett-Packard Co., HWP

---

Compaq warns profit will fall below forecast in 2nd quarter

Article Abstract:

Compaq Computer Corp. is forecasting lower-than-expected profits for the 2001 second-quarter. Compaq will also post a $490 million (573.1 million euros) charge for a new series of layoffs.

Similar abstracts:

• Abstracts: Compart launches 3.5 billion euros bid for remaining shares in Montedison. Montedison fails to win approval for Falck takeover
• Abstracts: U.S. companies fight to retain tax break for overseas workers. Fed Rate Increases Begin to Rein In Runaway Economy
• Abstracts: Computer Sciences says its net profit for the third quarter fell by 20%. EDS plans new cuts to offset outsourcing woes
• Abstracts: Ariba posts an operating profit in a first for a big B-to-B firm. TietoEnator meets estimates
• Abstracts: Prudential plans to buy stake in ailing Kyoei Life Insurance. Irish Life receives calls from suitors for U.S. operations

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.