Rising sales of storage and networking devices powered Hewlett Packard Enterprise Co.’s core business during the holiday quarter, helping the company raise its annual profit targets while boosting planned returns to shareholders. The Silicon Valley company, born from the 2015 split of Hewlett-Packard, also recorded a fivefold rise in profit for its fiscal first quarter, helped by the U.S. tax overhaul.

Source: Wall Street Journal February 22, 2018 23:32 UTC