On Tuesday, Shares of HP Inc. (NYSE:HPQ), gained 2.88% to $14.64.
HP Inc., declared Hewlett-Packard Company financial results for fiscal 2015 and the fourth quarter ended October 31, 2015. These results comprise Hewlett Packard Enterprise Company (“Hewlett Packard Enterprise”), Hewlett-Packard Company’s former enterprise technology infrastructure, software, services and financing businesses, which separated from Hewlett-Packard Company on November 1, 2015. In connection with this separation, Hewlett-Packard Company changed its name to HP Inc. effective as of October 31, 2015. Accordingly, references to “HP” in this news release refer to Hewlett-Packard Company with respect to events occurring on or before October 31, 2015, and to HP Inc. with respect to events occurring after October 31, 2015.
Fiscal 2015 net revenue of $103.4 billion, down 7% from the prior-year period and down 2% on a constant currency basis
Fiscal 2015 non-GAAP diluted net earnings per share of $3.59, within the formerly offered outlook of $3.59 to $3.65 per share
Fiscal 2015 GAAP diluted net earnings per share of $2.48, above the formerly offered outlook of $1.87 to $1.93 per share
Fiscal 2015 cash flow from operations of $6.5 billion, down 47% from the prior-year period
Returned $4.1 billion to shareholders in the form of share repurchases and dividends in fiscal 2015, which was in excess of 100% of fiscal 2015 free cash flow
Fourth quarter net revenue of $25.7 billion, down 9% from the prior-year period and down 3% on a constant currency basis
Fourth quarter non-GAAP diluted net earnings per share of $0.93, within the formerly offered outlook of $0.92 to $0.98 per share
Fourth quarter GAAP diluted net earnings per share of $0.73, above the formerly offered outlook of $0.12 to $0.18 per share
Fourth quarter cash flow from operations of $2.6 billion, down 3% from the prior-year period
Returned $0.6 billion to shareholders in the form of share repurchases and dividends in the fourth quarter
Operating company net cash of $3.1 billion, a sequential improvement of $1.2 billion
HP Inc., together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide. The company’s Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, tablets, retail point-of-sale systems, calculators and other related accessories, software, support, and services for the commercial and consumer markets.
Shares of Southern Company (NYSE:SO), declined -0.24% to $44.81, during its last trading session.
Georgia Power declared recently the latest permitting milestone for the Vogtle nuclear expansion near Waynesboro – the recent issuance of the final National Pollutant Discharge Elimination System (NPDES), or water discharge, permit by the Georgia Environmental Protection Division (EPD). The water discharge permit is the last major permit needed for the new nuclear units.
Across the state, Georgia Power safely returns nearly 90 percent of the water it withdraws to use in power production to the state’s waterways. The NPDES permit authorizes the discharge of clean, recirculated water used in power production back into the Savannah River and sets guidelines for monitoring and reporting. The new units at Plant Vogtle will operate the same way as the existing units by using cooling towers to greatly reduce the volume of water used to operate the plant and provide an additional environmental benefit by regulating the temperature of the water returned to the river.
Georgia Power is the largest partner of Southern Company (SO), one of the nation’s largest generators of electricity. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company’s promise to 2.4 million customers in all but four of Georgia’s 159 counties.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, counting renewable energy projects.
Finally, Shares of Jacobs Engineering Group Inc. (NYSE:JEC), ended its last trade with 0.99% gain, and closed at $43.97.
Jacobs Engineering Group declared recently the consolidation and creation of a dedicated Field Services business unit in North America, with improved capability across multiple industries, counting sustaining services operations and pure construction delivery.
The new direct hire Field Services business unit integrates some 12,000 field services craft personnel from across U.S. and Canada, positioning Jacobs as one of the largest providers of field services in North America.
Jacobs’ field services capability comprises proven experience in the following areas:
Sustaining services – plant operations & maintenance, and small-cap construction
Stand-alone construction and construction administration
Ongoing EPC & EPCM project support to our clients’ projects
Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients. It offers project services that comprise engineering, design, architectural, interiors, planning, environmental, and other services; and process, scientific, and systems consulting services, counting services performed in connection with scientific testing, analysis, and consulting activities, in addition to information technology, and systems engineering and integration activities.
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