- Hewlett-Packard (NYSE:HPQ) doesn't say as much in its press release, but Reuters last night reported merger talks with EMC were dead.
- What H-P does say is it's committed to its fiscal 2014 and 2015 strategy of returning at least 50% of free cash flow to shareholders through dividends and buybacks.
- The company also reaffirms fiscal 14 and 15 EPS guidance. 2015 operating cash flow is reaffirmed at $10B-$10.5B, with free cash flow of $6.5B-$7B.
- Shares +2.4% premarket