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Transcripts For CNBC Squawk On The Street 20150522

It starts with a mixed quarter for hewlettpackard. Hw Ceo Meg Whitman will join us exclusively in a few moments. Weve got gap, foot locker aeropostal and ross stores. Jim will weigh in on all of those. Uber reportedly seeking a 1 million loan from a series of banks. Perhaps it means an ipo not that far away. Hewlettpackard reporting Quarterly Earnings above expectations. Revenues were shy of consensus. The company gave us more insight into the upcoming separation which will cost billions, but will result in a good amount of cost savings. Well talk to hp Ceo Meg Whitman in a few minutes. I would love to get your take on this stock. Last quarter suffered from the dollar. That continues to be the case. A muted reaction in the market to these numbers this time. I saw a lot of negatives. Really declines in a lot of businesses. People are saying im giving them a pass because this is not what the company is going to look like. There will be a lot of layoffs. A lot of charges up front. Maybe t

Transcripts For CNBC Squawk On The Street 20150521

Best buy, williamssonoma, earnings surprises to the upside. Omnicare gets taken out by cvs 98 a share. The ceo of Lumber Liquidators resigns. Salesforce up on good oldfashioned earnings. Hear what they told jim about the quarter and competitors. Best buy up sharply after beating the street with its First Quarter results. Its domestic business was stronger than expected, driven by demand for smart phones. Large screen televisions, major appliances. Williamssonoma exceeding forecast in q1, comps up 4. 6. Confident we are executing against the right investment strategy. I sense there is progress but more work to do. This is incredible. They quoted in the release strengthening in our domestic business versus previous outlook. The daytoday inconsistencies, lowes did not see that. Home depot did see that. The categories best buy is doing well in are catries others are faltering in. I wonder whether the culture changed enough that they are simply doing better. They are selling more product. C

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SC Ventures Leads Hive s €12M Series A, Enabling Sustainable Distributed Cloud Computing For The Masses

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