Hewlett-Packard Company (NYSE:HPQ) reaffirmed its FY 2014 non-GAAP earnings view in the range of $3.70 to $3.74, in line with the analyst consensus of $3.73 per share on Capital IQ. For FY 2015, the company also reaffirmed its non-GAAP EPS view of $3.83 to $4.03 per share, vs. expectations of $3.95 per share. It confirmed as well its fiscal 2015 operating cash flow outlook of $10 billion to $10.5 billion, with free cash flow of $6.5 billion to $7 billion.Hewlett-Packard Company (NYSE:HPQ) also said it will resume its share repurchase program under its current authorization after previously suspending activity due to the possession of material non-public information. The company is no longer in possession of such information. HP noted it remains committed to its fiscal 2014 and fiscal 2015 capital allocation strategy of returning at least 50 percent of free cash flow to shareholders through dividends and share repurchases and intends to make up for the fiscal 2014 shortfall over the remainder of fiscal 2014 and 2015.Forward Pharma (NASDAQ:FWP), a biopharmaceutical company working to advance a formulation of dimethyl fumarate for the treatment of multiple sclerosis and other immune disorders, Wednesday said its initial public offering of 10.5 million American depositary shares at a price to the public of $21.00 per ADS. The ADSs are expected to begin trading Wednesday on the NASDAQ Global Select Market under the ticker symbol "FWP." Forward Pharma (NASDAQ:FWP) has granted the underwriters a 30-day option to purchase up to an additional nearly 1.6 million ADSs to cover overallotments, if any. It expects about $198.8 million in net proceeds from the offering, or $229.6 million if the underwriters' overallotment option is exercised in full.Alliance Data Systems Corporation (NYSE:ADS), a provider of data-driven marketing and loyalty services, Wednesday reported improved credit quality in its private-label segment for September 2014 versus the same month last year. The company said its private-label segment's average receivables in September 2014 rose to $9.06 billion, from $8.74 billion a year earlier. Meanwhile, its net charge-offs shrank to $27.2 million from $87.8 million. As a percentage of average receivables, the net charge-offs were 3.6% in the latest month, down from 4.0% in September 2013. The private-label segment's delinquency rate also improved in September 2014 from a year earlier, edging down to 4.4% from 4.5%. Alliance Data Systems Corporation (NYSE:ADS) trades in a 52-week range of $222.51 to $300.48.
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