The advance of the Bell: Hewlett-Packard-BusinessWeek

NEW YORK

Shares of Hewlett - Packard Co. dug decrease with the larger market in premarket trading Tuesday after CEO Leo Apotheker described the plans of the business of technology to sell "cloud computing" services in a near future, said HP plans to raise its dividend for the first time in ten years.

HP shares have slipped in a bond around the world as Japan nuclear crisis continues to worsen. The small decline does not appear to be company-specific as the analysts expressed confidence in the prospects of HP. Scholarship of the nose-dived almost 11% Japan, leading the significant decline in the Tuesday before the opening of the U.S. Exchange on world markets. HP shares slid 66 cents, or 1.6%, to $40.83 in premarket trading.

Monday, Apotheker publicly exposed his strategy for HP for the first time since his arrival to the position of CEO, four months ago. While he offered few details, the "public cloud" was one of the few specifics. When he launches the service will be HP compete with Amazon.com, Salesforce.com and other companies which have based their business on the sale of services on the Internet.

HP is also raising its quarterly dividend of 12 cents to 8 cents.

Analyst Wedbush Morgan Kaushik Roy kept a rating to "Outperform" on HP and said he believes that the company will be able to solve its problems in the short term in its segment of services in the next quarter or two.

"HP continues to do very well in the activity of the company (especially in servers and networking), and printing remains stable," the analyst wrote in a note to investors. "Improving the quality of earnings and the stock remains attractive in terms of evaluation".

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