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Office Depot in stock buyback

Office Depot in stock buyback

The American office supply company has announced that it is buying back $100 million (€87.7 million) of stock in 2019 to help improve its financial outlook. According to South Florida Business Journal, the stock repurchase programme will begin on January the 1st, in a...
HP unveils 2019 financial forecast

HP unveils 2019 financial forecast

Today at HP’s 2018 Securities Analyst Meeting, the company provided details on its strategy and opportunities for long-term growth, along with its financial outlook for fiscal 2019. “We continue to deliver strong growth in earnings and cash flow, while taking...
Toshiba outlines vision for the future

Toshiba outlines vision for the future

  The OEM has been unveiling its mid to long-term plans for the future, in addition to enumerating recent achievements and revealing how it plans to improve. At the end of August 2018, Toshiba published its FY 2018 Management Policy, detailing its mid-term...
HP unveils 2019 financial forecast

Turbon announces losses

Following the company’s announcement in April that its consolidated sales for 2017 were down by €7.4 million ($8.95 million), Turbon has now revealed it expects a 2018 FY loss of another €7 million ($7.9 million). Turbon AG has released details of an adjustment to its...
HP Inc to cut up to 5000 jobs

HP Inc to cut up to 5000 jobs

As part of its restructuring program, the OEM is expecting to cut between 4,500 and 5,000 jobs. As Bloomberg reveals, between 4,500 and 5,000 employees will depart the company by the end of fiscal year 2019, “as part of an ongoing restructuring plan”. The plan was...