Hewlett-Packard Company (NYSE:HPQ) is upgrading its mobile thin clients by the use of more screen real estate and horsepower to the mt40 Mobile Thin Client line, which renders them easier to manage remotely. The mt40 is targeted at telecommuters and on-campus mobile workers and the device features a 14-inch HD display, an Intel Celeron B840 dual core processor and the option of either a lightweight or extended battery, according to the company. Additionally, the mt40 weighs slightly under 5 pounds, contains no moving parts and is a single package with keyboard, monitor and mouse since it is intended to be moved around.
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3M Company (NYSE:MMM), concurrent with a meeting of institutional investors and analysts, reported the following five-year financial objectives: A growth in earnings per share of between 9 and 11 percent, organic revenue growth in a range of 4 to 6 percent, more than 20 percent return on invested capital, and a 100 percent free cash flow conversion. Further, 3M announced that it estimates a 6 percent rise in its annual research and development investment to sales by 2017.
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