Hewlett-Packard expects to use $3 billion in savings to boost innovation around three areas of strategic focus: cloud, big data and security.
COMMENTARY
Federal IT and professional services stocks lag the market despite some signs of longer term optimism.
S&P lowers rating amid poor 2012 results and continuing issues with troubled contracts.
Reports have surfaced that HP will announced layoffs next week that could total 30,000.
CEO gives frank assessment of "very poor" results.
In its first year as an independent company, ITT spinoff ranks No. 422 on list of top revenue-producers.
When it comes to financing, building your banking relationship is critical. Are you following the advice of our experts?
Company realizes 8.6 percent increase in revenue for first quarter 2012 compared to corresponding quarter a year ago.
Unicom takes plunge into the government market with acquisition of GTSI Corp. What is it getting that it couldn't build on its own?
Two recent acquisitions help position company for high-growth, high-margin markets
Despite good numbers, CACI is experiencing the effects of budget uncertainty on its customers.
Loss of approximately $27 million in Base Realignment and Closure-related contract work among the reasons cited for revenue drop during first quarter.
Shrinking domestic sales are prompting U.S. and European defense contractors to consider M&As, Christopher Kubasik tells the Wall Street Journal.
Revenue in its information systems division takes a dip as two large programs come to an end.
The company dealt with lower sales in defense, civil and intelligence business in the first quarter of the year.