PC Sales Battered by Tablets, Windows 8 Flop
Two somber new reports show unprecedented declines in desktop and laptop sales during the first three months of the year.
Hewlett Packard
Stocks Fall for Fifth Straight Day; Worst Losing Streak Since July
Stocks fell for a fifth day on concern that Washington lawmakers will fail to reach a budget deal before a self-imposed year-end deadline.
Coming to a Printer Near You: Magazines!
Why wait for the postman to deliver your next copy of Glamour or Golf Digest when you can print it out at home? This is the half-baked idea that Hewlett-Packard and magazine mogul Conde Nast are proposing this week. The two companies are teaming up to offer printer-fueled content from Conde Nast magazines including Allure, Wired, and Epicurious.
Hewlett-Packard Results Disappoint Investors
Hewlett-Packard's new CEO Leo Apotheker delivered some disappointing news to Wall Street on Tuesday after his first full quarter with the technology company.
Intel Chip Flaw Delays HP and Dell Computers
Two days after Intel halted shipments of its 6 Series chipset, announcing it had found a flaw in the design, HP and Dell have warned that some of their new computers include the chips. Samsung also began offering refunds on PCs with the Intel chip Tuesday.
Tech Takeovers: Nine Good Bets for 2011 Stock Gains
Even after a round of acquisitions in 2010, some big tech companies are still rolling in cash -- and 2011 looks like another promising year for tech mergers. Here's columnist Peter Cohan's list of top tech acquisition targets for 2011.
10 Best Stock Picks of the 10 Richest Hedge Funds
The smartest money on Wall Street may be at the top hedge funds, whose investment managers are paid billions a year to beat the market. Those gurus only take big money clients, but you can follow their lead: DailyFinance has the 10 best stock picks of the 10 highest-paid hedge fund managers.
Hewlett-Packard Launches iPad Rival Slate
Hewlett-Packard Corp. on Friday began selling its own tablet-style personal computer, marking the computer-making giant's entry into a rapidly-growing market dominated by Apple Inc.'s iPad.
Jack Welch Disses HP's Board: 'Who Are These Board Members?'
Days after Oracle CEO Larry Ellison urged the entire board of Hewlett-Packard to "resign en masse right away," former General Electric CEO Jack Welch has jumped on the diss-HP's board bandwagon. The criticism comes in the wake of HP's hiring of Leo Apotheker as CEO. "Who are these board members?" Welch asked.
Hewlett-Packard Outbids Dell for 3Par
The bidding war between rival PC makers Dell (DELL) and Hewlett-Packard (HPQ) over small data storage company 3Par (PAR) has heated up once again. HP announced Thursday that it is increasing its tender offer to acquire 3Par to $33 per share in cash, or about $2.1 billion. The board of 3Par has determined that HP's revised proposal constitutes a "Superior Proposal" and notified Dell of its intention to terminate its merger agreement with it.
Wall Street's Stance on the Economy: Could Be Worse
Stocks posted big gains Friday, with the Dow Jones Industrial Average rising 1.7%, after Federal Reserve Chairman Ben Bernanke assured the nation that the Fed is ready to step in.
Is ArcSight Buyout Bait?
With the tech M&A market heating up, security software maker ArcSight is putting itself up for sale, according to reports. A sale price could be as high as $1.5 billion.
Jodie Fisher's Peculiar Relationship With HP
The woman at the center of the Hewlett-Packard scandal has already used up about 10 of her 15 minutes of fame. But there are many unanswered questions in this sordid tale that should disturb investors.
HP CEO's Severance Package: Nearly $28 Million in Cash and Stock
Ousted Hewlett-Packard CEO Mark Hurd may be disgraced, but his bank account isn't. He's leaving the company with a severance package worth approximately $28 million in cash and stock.
HP Shares Rise On News of Kickbacks Settlement Agreement
Hewlett-Packard shares rose in after-hours trading after the company agreed to settle a lawsuit from the Justice Department, which claimed the company paid kickbacks to get recommendations for government work. The settlement will cost 2 cents per share.
Hewlett-Packard's 25% Profit Jump Signals Tech Comeback
The tech giant reported healthy earnings that beat Wall Street estimates. The results are the latest sign that consumers and companies are increasing spending on computer products. The maker of computers and printers also raised its 2010 outlook.
