$MPG (Metaldyne Performance Group Inc.)

$MPG {{ '2016-09-13T11:45:36+0000' | timeago}} • Announcement

$MPG announced planned closure of Wisconsin-based Brillion Iron Works, which was recently acquired from $ACW. The Brillion foundry will cease molding and melt operations in 4Q16. The existing Brillion business will be transferred to 5 MPG casting plants located in Browntown, WI; Reedsburg, WI; St. Cloud, MN; Iron Mountain, MI; and New Castle, IN.

$AXL {{ '2017-07-14T16:52:18+0000' | timeago}} • Announcement

$AXL appointed Michael Bly as VP Sales, Driveline. In this role, Bly will oversee all global commercial activities for $AXL's Driveline Business Unit. Bly joined the company in 2014, as President, American Axle & Manufacturing Europe.

$HPE {{ '2017-07-11T12:21:25+0000' | timeago}} • Announcement

$HPE has been selected by Tottenham Hotspur Football Club as its official IT networking and wireless infrastructure partner. Hewlett Packard will provide technology solutions for the world-class stadium being built by the club in London. As part of the deal, the club will install Aruba, a Hewlett Packard company, to meet the technology demands.

$HPE {{ '2017-06-29T15:26:18+0000' | timeago}} • Announcement

$HPE and $WIT announced a new global go-to-market agreement to provide joint customers with on-premises IT infrastructure at flexible consumption-based pricing. This collaboration will leverage $HPE's Flexible Capacity and $WIT's infrastructure-as-a-service offerings to address the increasing customer demand for consumption based IT.

$CDK {{ '2017-06-26T12:12:41+0000' | timeago}} • Announcement

$CDK appointed Joe Tautges as its new CFO, effective Aug. 9, 2017. Tautges most recently served as CFO of the Enterprise Services segment of $HPE.

$HPE {{ '2017-06-21T14:40:39+0000' | timeago}} • Announcement

$HPE has promoted Antonio Neri to the post of President, effective immediately. Neri had been serving as EVP and GM, Enterprise Group. Prior to HP's separation into Hewlett Packard and HP Inc., Antonio served as SVP and GM for the HP Servers and HP Networking business units. He joined HP in 1995 as a customer service engineer in EMEA call center.

$CCUR {{ '2017-06-13T17:16:42+0000' | timeago}} • Announcement

$CCUR has signed an OEM agreement with $HPE to provide customers with a combined storage solution. The new solution combines Concurrent Aquari(TM) Storage software with the HPE ProLiant DL380 Gen 9 Server and HPE Apollo 4500 Systems to deliver the flexibility and exabyte-scale required by video applications and other visual media workloads.

$TSN {{ '2017-06-12T16:20:30+0000' | timeago}} • Announcement

$TSN appointed $HPE CIO Scott Spradley as its CTO, effective June 26, 2017. Spradley will be part of $TSN's enterprise leadership team, reporting directly to CEO Tom Hayes. Devin Graham, who served as interim CTO, will remain with the company as VP, technology and support and help Spradley transition to his new role.

$DLPH {{ '2017-06-07T12:39:42+0000' | timeago}} • Announcement

Transport firm Transdev and $DLPH entered into a partnership to develop a fully automated mobility-on-demand transport system. Delphi will integrate its CSLP platform into Transdev's mobility service vehicles. They will start collaborating on pilot programs in France, for the first driverless on-demand mobility service on open road in the EU.

$WRK {{ '2017-06-06T15:48:50+0000' | timeago}} • Announcement

$WRK completed acquisition of $MPSX. $WRK refinanced $MPSX debt as part of the transaction.

$HPE {{ '2017-06-06T13:28:17+0000' | timeago}} • Announcement

$HPE announced an exclusive partnership with ClearCenter, an open source platform provider, to offer ClearOS, a Linux-based operating system on $HPE ProLiant servers. $HPE and ClearCenter deliver a powerful IT solution with a simple web-based user interface and a built-in application marketplace.

$HPE {{ '2017-06-05T17:25:54+0000' | timeago}} • Announcement

Aruba, a subsidiary of $HPE, has announced a new addition to its location-based services portfolio that helps organizations easily track valued assets, thereby improving efficiency and reducing the costs associated with misplaced assets. The solution has been fully integrated into the Aruba wireless infrastructure.

$AXL {{ '2017-06-01T14:57:20+0000' | timeago}} • Announcement

$AXL has appointed Tolga Oal as SVP of AAM Corporate. He will continue to hold the post of President of AAM North America. Oal joined American Axle in September 2015 after serving TRW as Vice-President of Global Electronic. He has also held leadership positions in engineering, sales, purchasing, and finance at Siemens VDO Automotive/Continental.

$HPE {{ '2017-05-31T22:25:54+0000' | timeago}} • Webcast

$HPE will focus on organic investments, share buybacks and M&A in terms of its cash usage strategies. The company will look for M&A opportunities where it can leverage distribution and drive profitable growth.

$HPE {{ '2017-05-31T21:58:35+0000' | timeago}} • Webcast

$HPE reported adjusted EPS of $0.35 in 2Q17, of which $0.10 was related to Enterprise Services which was in discontinued operations. Moving from 2Q17 to 3Q17, this is relatively flat and there is some pressure from stranded costs, short-term dilution of acquisitions and some commodity cost pressures. This will be offset by cost actions in 2H17.

$HPE {{ '2017-05-31T21:47:06+0000' | timeago}} • Webcast

During 2Q17, $HPE’s Software segment revenue declined 11% YoY. License revenue was down 29%, Support revenue was down 4%, and Professional Services revenue was down 17%. Financial Services revenue was up 11% YoY. Financial volume was down 7%.

$HPE {{ '2017-05-31T21:19:50+0000' | timeago}} • Webcast

In 2Q17, $HPE reported combined net revenue of $9.9Bil which includes $7.4Bil from continuing operations and$2.5Bil associated with discontinued operations (two months of Enterprise Services). The company saw 20% organic growth in high performance compute. Technology Services was up 3% YoY.

$HPE {{ '2017-05-31T20:59:21+0000' | timeago}} • Infographic

$HPE Hewlett Packard Enterprise Earnings AlphaGraphics: Q2 2017 highlightsd

$HPE {{ '2017-05-31T20:52:22+0000' | timeago}} • Announcement

In 2Q17, $HPE’s Enterprise Group revenue was $6.2Bil, down 13% YoY and down 7% when adjusted for divestitures and currency, with an 8.8% operating margin. Servers revenue was down 14%, Storage revenue was down 13%, Networking revenue was down 30%, and Technology Services revenue was down 2%.

$HPE {{ '2017-05-31T20:49:02+0000' | timeago}} • Announcement

For 3Q17, $HPE estimates GAAP diluted net EPS to be in the range of ($0.02) to $0.02 and adjusted diluted net EPS to be $0.24-0.28. For FY17, $HPE estimates GAAP diluted net EPS to be in the range of ($0.03) to $0.07 and adjusted diluted net EPS to be in the range of $1.46-1.56.

$HPE {{ '2017-05-31T20:45:58+0000' | timeago}} • Announcement

$HPE reported a net loss of $612MM or $0.37 per share in 2Q17 compared to a net income of $320MM or $0.18 per share in 2Q16. 2Q17 EPS was impacted by spin-merger related, non-cash tax valuation allowances and divestiture taxes. Net revenues decreased to $7.4Bil versus $8.5Bil last year.

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