Tomahawk, WI 12/11/2013 (BasicsMedia) – Hewlett-Packard Company (NYSE:HPQ), has taken a new initiative by associating itself with Norfolk County Council which shall help the company create cloud-based information to integrate public services. Besides this, their association with Ohio Department of Medicaid continues and receipt of the deal from Mainland China, should help the company maintain their growth revenue. As a result,the company seems to be positive for performance in forthcoming quarters.

Hewlett-Packard Company (NYSE:HPQ) is taking a new initiative by working with Norfolk County Council (NCC) the main motive behind being to increase local economy, safeguard vulnerable people and solve social problems. Thisassociation with Norfolkwould benefit both the companiesas it will help create a cloud-based information hub which will transform integrated public services.The association will help NCC create local economic knowledge to improve education standardswhich will attract further investment to the county.

Association with Ohio Department of Medicaid Continues

There is a continuation of business for the company since the Ohio Department of Medicaid has extended their contract worth $180 million. It will continue to transform its hardware platform for a period of four years with a pair of two-year options as the company keeps in mind that the MITS will support the federal policy changes which also include affordable care act and state requirements through its flexible,scalable and stable system.

Another Deal in the Books

The company has received yet another deal from China Mobile in Mainland China. The said deal is pertaining to the Intelligent Data Operating Layer (IDOL)which enables the power capability of strategic wireless city platform. The IDOL will allow people to access information on public services from their mobiles.

Positive Guidance

Hewlett-Packard Company (NYSE:HPQ) as company will issue a Q1 guidance for the year 2014.  It has mainly focused on the EPS of the company as the estimates shown by the company seems to be positive which is projected for the first quarter to be 0.85 and for the fiscal year 2014 to be $3.65.The company declared a dividend of $0.1452 per share.

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