HP Inc. - HPQ STOCK NEWS

HP Inc. (NYSE: HPQ) launched HP Instant Ink for Small Business and the LaserJet Pro with HP+ to enhance productivity for small business owners. Over 80% of small businesses rely on printing, yet 55% lack time to manage it. The new service offers automated toner delivery for multiple printers, simplifying management through a Smart Admin Dashboard. The LaserJet Pro series provides high-speed printing with advanced security features. These innovations aim to save time, reduce costs, and support environmental sustainability with easier cartridge recycling.

HP Inc. (HPQ) unveiled new commercial products at the HP Amplify Executive Forum, aimed at enhancing hybrid work environments. Key highlights include the HP Dragonfly Folio G3, a convertible laptop-tablet, and the HP 34” All-in-One Desktop PC, optimized for dual video streaming. The HP Z32k G3 4K Display offers advanced color accuracy with IPS Black technology, and the HP 965 4K Streaming Webcam provides high-quality remote conferencing experiences. Pricing starts at $2,379 for the Dragonfly Folio G3, with availability for other products expected soon.

HP Inc. (NYSE: HPQ) has updated the timing for its upcoming conference call to discuss Q3 financial results for the fiscal year ending July 31, 2022. The call is now scheduled for August 30, 2022, at 5:30 p.m. ET / 2:30 p.m. PT. The call will be accessible via a live audio webcast, with a replay available on HP's investor relations website for one year.

HP Inc. focuses on personal systems, printers, and 3D printing solutions, emphasizing the transformative power of thoughtful innovation.

HP Inc. (NYSE: HPQ) has extended the expiration date of its Exchange Offer for outstanding Poly Notes from August 15, 2022, to August 31, 2022. The exchange aims to issue up to $500 million in new HP Notes as part of the acquisition of Plantronics, Inc. (NYSE: POLY). As of the previous deadline, holders had tendered approximately $490.56 million in Poly Notes. The Settlement Date for the Exchange Offer will follow the completion of the acquisition, expected by year-end 2022. The first interest payment date for the HP Notes will be on March 1, 2023.

HP Wolf Security's Threat Insights Report reveals a new trend in cybercrime, where malware is increasingly delivered through shortcut (LNK) files rather than traditional Office macros, reflecting an 11% rise in archive files containing malware.

Key findings show that 14% of email malware bypassed email scanners, and hackers used 593 distinct malware families. The report warns organizations to proactively block shortcut files and improve email security to protect against evolving threats.

HP Inc. (NYSE: HPQ) will host a live audio webcast on August 30, 2022, at 5:00 p.m. ET, to discuss its financial results for the third fiscal quarter ending July 31, 2022. The event will provide insights into HPQ's performance and future outlook, with a replay available for one year post-event on its investor website. This conference call represents an opportunity for investors to gauge the company's financial health and strategic direction.

HP Inc. (NYSE: HPQ) has extended the expiration date of its Exchange Offer for Poly Notes from August 1, 2022, to August 15, 2022. The Exchange Offer allows holders to exchange their Poly Notes for up to $500 million of new HP Notes. As of August 1, holders have tendered approximately $490.6 million in Poly Notes. The offer is part of HP's strategy following its acquisition of Plantronics, which is expected to be finalized by the end of 2022, subject to regulatory approval. All other terms of the Exchange Offer remain unchanged.

HP Inc. (NYSE: HPQ) released a report revealing that cybercrime is on the rise, fueled by affordable malware and a collaborative landscape among cybercriminals. Conducted with Forensic Pathways, the investigation analyzed over 35 million dark web posts. Key findings include that 76% of malware costs less than $10, and the average price for compromised Remote Desktop credentials is $5. The report emphasizes the importance of trust among cybercriminals, detailing practices such as vendor bonds and escrow payments, thereby highlighting the urgent need for businesses to bolster their cybersecurity measures.

On July 20, 2022, First Lady of Ukraine Olena Zelenska received a $30 million technology donation from HP Inc. at the Ukraine House in Washington, D.C. This initiative aims to provide computers and learning materials to support Ukrainian students and educators affected by the ongoing conflict. HP, in collaboration with the Global Business Coalition for Education, will distribute the computers primarily to displaced civilians and refugees. The company also emphasizes its commitment to digital equity and education, having already contributed over $3 million in additional support for Ukrainian refugees.