, to hewlett-packard enterprise.hen you think of the stock price of the company as a whole, which reached a low of $11.62 in the fall of 2012. if you add up hp ink, our share of dfc, and the software company, it is almost $50 a share. we have done very -- $58 a share. we have done very well. emily: can they play hard ball better because they are private? meg: there are advantages to being private. but dell, because their debt is publicly created, we have a window -- they do not get the scrutiny we do. we really like our hands. we have no debt on the company. we have about $6 billion of net cash on the company. we have gotten more strategic, focused. we are smaller, nimbler. we can turn on a dime now. it is a different strategy for dell. we are getting -- they are getting bigger, we are getting smaller. we are leaning into more technology and they are doubling down on old technology. i like our hands. emily: how reasonable are valuations right now? meg: they have become a lot more reasonable in the last six months. we

to hewlett-packard enterprise.k of the stock price of the company as a whole, which reached a low of $11.62, if you add up hp inc. hewlett-packard, our share of dxe, and our share of the software company, that is close to $50 a share. our stock has done really well since we had split off from hp inc. almost 18 months ago. m&a, canen it comes to dell play hardball better because they are private? meg: there are some advantages to being private but actually because their debt is publicly traded, we have a window into dell's much in the same way as a financials public company. they don't get the scrutiny we do. we really like our hand. we have no debt on the company, in fact, we have $6 billion in net cash. we are smaller, and the blur. -- we are nimbler. we have dry powder to make acquisitions, investments. we can turn on a time now, which is a different strategy from dell. we are getting smaller, we are deleveraging, and we are leaning into new technology. they are doubling down on all -- on old technology and a cos

. >>> one of the companies by the way hewlett-packard coming up. we'll have ceo meg whitman.he'll join us in an exclusive interview. the earnings which were reported after the bell yesterday. opaque somewhat given a lot of -- >> a good word for it. i said difficult. >> you have to understand -- >> opaque is even more -- >> by the way it's auto sales day. out this hour, ford and gm. we'll get ethe numbers as both -- we'll get the numbers as both cross. it will tell us about the health of the auto industry. phil lebeau will help out with that. >>> president trump plans to announce a decision on the paris climate accord this afternoon. it will take place in the rose garden. it is scheduled for 3:00 p.m. eastern time. withdrawing from the accord had been one of his campaign promises but a number of leaders including tim cook from apple, elon musk from tesla are urging the president to stick with the agreement. yesterday, jim, multiple news outlets are reporting that the decision had been made. although with this president, one never knows. but the corporate world has been somewha

joining us to talk more about it is the former ceo of hewlett-packard, carley fiorina. the day has arrived. a poe tepg vote next week. what's your take what we are hearing so far on the progress on this agenda. carley: i think it's important that a bill get passed. beyond that, though, what republican leadership, beginning with the president but not ending with the president need to do is sell this plan to the american people. healthcare is not just a political football, it's a very personal issue to he single american and he single family. when americans don't know what it mean to them, obviously that's a problem. i don't think we understand enough about what it actually means. i hope this bill is the first step in a healthcare reform process, and not the last step. we need to restore competition to the healthcare market and particularly the health insurance market. and we need to restore competition so we can lower places and improve quality. maria: they want to roll back a lot of obamacare taxes. one of the issues you campaigned on is the big government. the fact tha

. >> hewlett-packard's ceo meg whitman received an honorary degree at carnegie mellon university and spoke at graduates at this year's commencement ceremony. she's the former ceo of ebay and was the republican nominee for california governor in 2010. [applause] president, numbers of the class of 2017, members of the faculty, distinguished guests, fellow recipients of honorary degrees, families of the graduation class, ladies and gentlemen, it is a true honor to be with you today and a great privilege to receive an honorary dr. of business practice degree. i am grateful to be earning my degree in a lot less time and with a lot less -- a lot fewer all nighters then it took you to you -- to earn yours. to the parents of the graduating class of 2017, it is a magnificent and memorable day when your child graduates from college. it certainly is a wonderful day for you, and i am guessing that for many of your parents it is a pretty good day for your wallets as well. congratulations for having traveled this journey with your children, a journey that began not with their enrollment at this un

hewlett packard enterprise. way to discover... to innovate... and to protect. hewlett packard enterprise. a national asset in supercomputing. (large boat honking) ♪ i'm living that yacht life life life life ♪ top speed fifty knots life ♪ on the caribbean seas ♪ it's a champagne and models potpourri ♪ on my yacht made of cuban mahogany ♪ gany, gany, gany ♪ watch this kick off the final work of week before summer break. it's just justice anthony kennedy everyone is asking about whether he's going to announce his retirement this week. kennedy turns 81 next month and served for nearly 30 years has given no public sign he's going to step down. this year at a reunion he reportedly didn't talk about the retirement leading some to speculate he'll stay on. this is a guessing game. >> there's the reporting mixed on this matter. genuine, i have no idea what's going on inside his head. there are a lot of these justices getting to the point where they are weighing out the calculations about when and whether to go. it doesn't

hewlett packard enterprise. a national asset in supercomputing. and i remain uncommitted. just deadline uncommitted. it makes me more concerned and want to explore this more. >> this bill cuts federal funding for planned parenthood for one year. what does that do for you? >> it concerns me. >> will you vote for something that cuts it at all? >> what i have said very clearly is that i don't think that the issue of medicaid reimbursement for planned parenthood should be an issue in this bill. if we have to get to a point to offer amendments, i would move to strike that. >> if the house bill was going to mean at 23 million, what's the senate bill? >> if you count on the president tov yo tov your back, you need to watch it. if you're looking from the political cover for the white house, i'm not sure they're going to give it to you. >> my goodness. >> be thrown under the bus. >> president trump celebrated the house health care bill before pub pickly slamming it. senator lindsey graham warning his colleagues the same thing could happen in the senate. of

hewlett packard enterprise. leading the way to discover...o innovate... and to protect. hewlett packard enterprise. a national asset in supercomputing. >> thibi i'm asking today this form, i will not support. >> is a very complicated situation from the standpoint. you do something that's good for one group at that for another. it's a very, very narrow path, but i think we are going to get there. >> brit: you heard nevada republican senator dean heller announcing he is not supporting this in its current form, at least the senate health care plan and president trump is saying, optimistically, that they will get the votes, but will they? now it's time for our sunday group. michael needham, woodward jeff and a griffin, and josh holmes. let's start with his question. they are down five, they can't afford to lose more than to go. there maybe others waiting in the wings who may oppose this. what are the chances? >> is very tight a it's really more like seven or nine senators who have concerns. i'm optimist

meg whitman has told bloomberg she still has work to do as ceo of hewlett-packard enterprise.ys commodity costs and acquisitions are to blame for diluted margins in the second quarter and she plans to do more to reduce overhead. moreincludes working on a cost-effective structure in the services business. >> our margins in the enterprise group was down in q2. the reason is we had stranded costs from the vested cheers. we had done some acquisitions initially eluded of, and we had significant commodity cost increases, but we anticipate that margin will go back up to historic levels in q4. rishaad: airbus may be thrown a lifeline as emirates talks about building 20 more planes. biggest a 380e operator in the world, worth $8.7 billion before discounts. the carrier has not decided how many aircraft it wants. consultancy firm eca says hong kong has overtaken tokyo as the most expensive asia-pacific city four ex-pats and is now number two in the world. the local dollar pegged to the u.s. currency has made it more expensive. tokyo remains at number seven. singapore dropping to 24 throu

hewlett packard enterprise. leading the way to discover...innovate... and to protect. hewlett packard enterprise. a national asset in supercomputing. there are always new challenges and opportunities., at unitedhealth group, we're built to help with both. providing employers with data and insights to improve outcomes. ensuring seniors have stability and choice in their benefits. and working with governments to expand access, lower costs and improve quality. to all those with a passion to improve health care, our question is: how can we help? unitedhealth group. built for better health.

hewlett-packard ceo has said she's giving president donald trump's administration the benefit of thexclusively to bloomberg, make equipment -- meg whitman said she supports some but not all of donald trump's policies. >> we are in favor of tax reform. we think the ability to overseas isash important. on the other hand, we are not for the border adjustment tax. that is very difficult for companies that import and work on low margins. retailers, a lot of technology companies, we think that is not in our best interest and by extension in the best interest of the united states. credit suisse investors will buy 99% of a billionsfering raising for the banks turnaround plan, the second sheer issue since the ceo took over two years ago. vines raise will be used to complete his business overhaul and expand in wealth management. ondit suisse ditched plans some lucrative operations. we've had some data from imports roses and by more than expected in may from a year earlier leading to a surplus of $40.8 billion. bob parker is our guest. good news to that extent. these are the export and import n

hewlett packard enterprise. leading the way to discover...to innovate... and to protect. hewlett packard enterprise. a national asset in supercomputing. >> dickerson: this week president trump said there was no white house taping system. it ended a mystery he had created. former f.b.i. director james comey described an oval office encounter where the president encouraged him to wrap up his investigation into michael flynn. the president said it didn't happen. and he warned the tapes might contradict comey. well, there are no tapes, and in making this announcement this week, the president was celebrating an anniversary -- 44 years ago on june 23rd, richard nixon recorded what would become known as the smoking gun tape, where he told his staff to have the c.i.a. tell the f.b.i. to stop st break-in. it sealed knickson's fate. why would president trump encourage nixon obstruction of justice comparisons by talking about tapes? on fox and friends friday, the president offered insight into his gambit. he was tr

companies including apple, hewlett-packard and unilever published a full-page ad in the new york timesnd wall street journal urging donald trump to keep the united states in the 2015 paris agreement on climate change. accord is bad the for the u.s. economy. a number of top u.s. business leaders say the opposite, arguing remaining in the agreement would stimulate competition, create jobs and reduce business risks. >> business across the board has told the president stay in. they know it's very helpful for american business to have u.s. negotiators at the table. there are always issues that come up that can be difficult business and our negotiators defend our position in a way that's good for u.s. business. >> one of trumps august arguments for leaving the agreement is that it would hurt the u.s.: industry. on wednesday the stock market reported that coal shares have dropped by as much as 2.2% with forecasts adjusting the global backlash would further hurt the industry. exxon mobil is also pressuring trump to keep the u.s. involved in the agreement. giant told trump the paris deal is an

emma: this is the hewlett-packard enterprise green room.itish ambassador to the u.s. joins us at 9:30. emma: this is the hewlett-packard enterprise green room. jonathan: good afternoon from london and good morning in new york. i'm jonathan ferro alongside alix steel and david westin. if i told you the european regulators told a bank in spain they were set to fail, would you the picture onbe your screen? santander has picked up the pieces and the junior bonds have done what they should have done. the senior bondholders are sitting pretty. the picture on your screen? futures go nowhere. the ftse looking a bit softer. the dax up the other way. the cable rate hasn't moved for two straight days. as euro a little bit softer we look ahead to the ecb forecast tomorrow and reports suggesting they may revise those .orecasts lower the treasuries anchored around 2017. we are softer, up by a single basis point. that is the -- -- it's righthas to sell its chip business. weston digital wanted to derail a deal with concerns the chip unit may fall into the

our one-on-one with meg whitman, the hewlett-packard ceo to give a report on their turnaround in the bombshell atbe

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. >> hewlett-packard ceo meg whitman received an honorary degree at carnegie mellon university and spoke at the commencement ceremony in pittsburgh. she was the republican nominee for california governor in 2010.

. >> hewlett-packard ceo meg whitman received an honorary degree at carnegie mellon university and spoke at the commencement ceremony in pittsburgh. she was the republican nominee for california governor in 2010. [applause] president, numbers of the class of 2017, members of the faculty, distinguished guests, fellow recipients of honorary degrees, families of the graduation class, ladies and gentlemen, it is a true honor to be with you today and a great privilege to receive an honorary dr. of business practice degree. i am grateful to brn

deputy attorney general sally yates at harvard, president and ceo of hewlett-packard meg whitman at carnegieellon university, and national institutes of health director francis collins at southern methodist university in dallas. tonight at 8:00 eastern on c-span and c-span.org. sunday night on afterwords, been sass explores how to encourage young adults to become active and engaged citizens in his book, "the vanishing american adult." he is interviewed by the founder and president of the millennial action project. >> by and large, students that graduate this spring and summer will change jobs three times -- not just jobs, change industries in their first three decades after college. all of the unsettling, scary stuff that produced progressivism during industrialism was about job destruction created all of these --ettling ripples into you into human capital and social networks. that is what we will experience at work speed forever more. we will have 40, 45, 50-year-olds getting interrupted out of whole industries. we will have to create a civilization of lifelong learners and no civilization

however, hewlett-packard reports a drop in revenue in biggest businesses, networking, data storage, hut. that stock is down 4%. better sales at dollar general and they're going to open a ton of new stores, in the hundreds of new stores they're going to open. the stock is up 4%. that's dollar general. kellogg closing distribution centers, cutting jobs and they're going to try to reorganize. the market reacting to that not at all. dead flat, 71, up 4 cents. express clothing company, annual guidance bad. sliding sales, bad. down 21%. netflix has released season five of the popular series "house of cards" and they're spending $6 billion on original content just this calendar year. the stock has been at an all-time high. up a little bit more today. scott martin, would you buy it at $163? >> i would. and i know that jeff sica is going to love that. you know, stuart, netflix is one of our new additions to the portfolio. you mentioned the creation of content, the spend in there as well as the reach. the leadership at netflix has talked about international growth more so europe and far east chin

sally gates at harvard law school class day in cambridge, massachusetts, president and ceo of hewlett-packard meg whitman and carnegie melanie hall in berg. national institute of francis collins at southern methodist university in dallas. saturday night at eight eastern on c-span and c-span .org. >> next, on ft

dan had just been on the phone with hewlett packard techs, so the next call seemed legit. >> they sendnals from our computer. >> reporter: it was a scammer. but dan didn't know. he let the caller take remote control of his computer. >> my computer got locked down. he said we need to buy this special software. >> reporter: the man said it would cost $450. >> i expected him to get a credit card number from me. they didn't. they asked for i-tunes gift cards. >> reporter: the man told him to buy $450 worth of i-tune cards and called him back. >> so i bought these things and i didn't think anything of it at the time. >> reporter: however, later, he wondered why hp would want apple karsd. he asked the man on the phone. >> he said we work for hp, so we can't buy another software directly. >> reporter: that's when dan realized it was a scam. he hung up. now he was stuck with a disabled computer and $450 worth of i-tunes. >> i'm 75 years old. i don't use a lot of i-tunes. >> reporter: he went to an apple store to return them. >> they said no, you can't refund them here. >> reporter: he couldn't

we laid a very clear strategy for hewlett-packard enterprise going forward.xcited about that, because it gives us focus, purpose, and we are applying capital and innovation just around the strategy. for us, it has been a great journey. customers really like what we are doing. emily: how has the merger of dell and emc changed the competitive landscape? >> well, i think they'll eat -- dell emc has taken a completely different strategy. they go bigger, they leverage the balance sheet, and they play a scale game. mostly, on the older technologies. we have taken a completely different radical approach to that. we want to be smaller and more nimble, and we have the leveraged balance sheets, to make the right investments for -- both organic, inorganic with m&a. we believe we are in a position to win. -- customers are looking for its innovation, speed, and agility, and efficiency we can bring at the speed of the business. at the end, it's about delivering business outcomes and faster value. we believe we are positioned. we like our strategy. emily: you are often tout

hewlett-packard, also signing on to an agreement. as well as the presidents and higherlors of 82 education industries. mayor bowser will reform the city's support the agreement at 11:00 this morning. here with the former secretary of state and u.s. ambassador to the u.n. have more to say on the trump decision. reporting live, suzae larry: this morning, standing in solidarity, a message of love after three more nooses are found around the area. looking ahead to when we celebrate d.c. pride, a creating jobs foreaner, reliour veterans... helping those in need save money on their energy bills. it takes 16,000 dominion energy employees doing the job. and now, dominion energy is investing $15 billion to build and upgrade our electric and natural gas infrastructure... creating jobs now and for the future. across virginia, we're building an economy that works for everyone and dominion energy is helping power the companies that power our economy. pro-tip for making ribs: don't go it alone. get these great smoked ribs. thanks. sure. twenty min

eastern, maria talks to former hewlett-packard ceo carley fiorina about everything from health care reformt to hear about tax reform, politics and the trump economy and then stick around for the property man bob massey takes on a tour. countdown coming right back. welcome to holiday inn! ♪ ♪ whether for big meetings or little getaways, there are always smiles ahead at holiday inn. hit could be the next big thing i should totally get that domain name... get your great idea online too... get your domain today, and get... ...a free trial of gocentral from godaddy t. [cheers and applause] >> touchdown. liz: that's 19 minutes. so far so good. it's a subject assess. space xrkts completed the safe land ght moments agent. a rocket it has already previously utilized for a totally different lauÑt. this is the second run goingt on with the dream that elon musket had to bank account the wal-mart of rockets or the used car man of rockets as we said before. the ability to reuse parts in rocket as seen as the key to the future of human space ects plor agents to cut doesn't on the cotses and sniements zin

and earnings reports, let's start up with the bad, hewlett-packard down 6% this time.r the company missed bottom line estimates earnings -- revenues, i 2%. they put up $2.9 million. on theto networks, 15% best day since 2012 after a big release to investors and the disastrous fiscal second-quarter. we are seeing big gains on that better-than-expected report. after the bell we have the marquis report from lululemon. the stock had been down, now it is higher up, 18 .1%, and investors are looking for them to put up $.28 in adjusted earnings about $540 million in revenue. they wonder if new product can help out the last quarter when the stock was down 23%. let's look at the technicals here to see what is happening. 4992.s g #btv a lot of uncertainty, the stock is hot, but we see a lot of debt crosses. this goes below the 200 day moving average that shows sellers are taking control. that happened on the last earnings report around the last, ahead of the last, and now we have lululemon trading below that range and suggests we could see this stock take another take lower -- t

bring you the latest in tech throughout the week and this wednesday we sit down with meg whitman, hewlett-packardin an exclusive interview. tune in for that conversation at 5:00 in new york and 2:00 in san francisco. are now live streaming on twitter, check us out on bloomberg tech tv on wednesdays. for now, this is bloomberg. ♪ oliver: welcome to "bloomberg businessweek." i'm coming to you from the magazine's headquarters in new york. why the irs is demanding $2 billion from caterpillar. and the interview with the san francisco fed president. john williams. finally, what went into making the song of the summer. it does mean we will talk about justin bieber. all that ahead on "bloomberg businessweek." ♪ oliver: we are here with megan murphy. let's talk in the politics sector. we heard donald trump was not going to touch social security.

sally harvard law school class day commencement in cambridge, massachusetts, president and ceo of hewlett packard at carnegie pittsburgh,rsity in and national institutes of health director francis collins at southern methodist university dallas. tonight at 8:00 eastern on and c-span.org. willrmer f.b.i. director testify before the senate intelligence committee investigating russian activities election.t year's c-span3 will have live coverage of the open part of that hearing .t 10:00 amp am eastern you can also watch live on line -- c-span.orgcom or listen live using the free c-span radio app for apple and android devices.

on the downside, today we have hewlett-packard enterprise, those shares pulling back by session.oday'she company getting a disappointing profit outlook as it is competing more heavily with other companies in the cloud industry. that is one of the biggest laggards we are watching in today's session. we are watching a lot of the automakers today. we've got a mixed picture as usual. tesla doesn't report sales on a monthly basis. the shares pullback two thirds of 1%. gm sales actually missing estimates. the company reporting a drop of 1.3% last month in u.s. sales. the shares are up for, fiat crossley -- the across the -- chrysler. ford with a greater gained than estimated saying it saw increased deliveries to rental car companies specifically. consumer discretionary showing strength today as a result of the automakers. mark: sentiment -- 30 minutes -- gmm ,ession everything you know about the numbers. green is your color. stocks up for the first day. worst run of the five-day losing streak since november currencies , bonds, commodities. lots to talk about. swiss gdp data accelerating

hewlett-packard enterprises released its second quarter results after the bell.nings came in line with estimates, despite warning of current headwinds. the company reported sales in the period totaling $9.9 billion, but that includes the enterprise services business, which has been discontinued. the company gave a profit forecast that fell short of estimates for the current quarter as the company struggles to shift to the competitive field of cloud-based services. a story we are watching, the massive legal spat between toshiba and western digital over the sale of a memory chip business is getting even more compensated. -- even more complicated. toshiba sent a letter to western digital saying it is moving assets from the joint venture back to the parent company after previously transferring them to a subsidiary in preparation for the sale. western digital is seeking to block the chip unit sale after it became clear that the operations may fall into the hands of competitors. coming up, after uber file -- fires an executive, we take a look at waymo. a reminder about

hewlett-packard, wal-mart, boeing, walt disney and mcdonald's companies leading in the downward slide%. i'm shepard smith in new york. this is fox news. i'm ryan and i quit smoking with chantix. everything i did circled around that cigarette when i started taking the chantix that urge just slowly diminished and it was a great and empowering feeling. along with support, chantix (varenicline) is proven to help people quit smoking. chantix reduced my urge to smoke. when you try to quit smoking, with or without chantix, you may have nicotine withdrawal symptoms. some people had changes in behavior or thinking, aggression, hostility, agitation, depressed mood or suicidal thoughts or actions with chantix. serious side effects may include seizures, new or worse heart or blood vessel problems, sleepwalking or allergic and skin reactions which can be life-threatening. stop chantix and get help right away if you have any of these. tell your healthcare provider if you've had depression or other mental health problems. decrease alcohol use while taking chantix. use caution when driving or operati