Hewlett-Packard says it has decided against spinning off or selling its Personal Systems Group unit. The PC manufacturer said Thursday that it reached its decision after evaluating the strategic, financial and operational impact of spinning off the business unit.
The policies of departed Hewlett-Packard (HPQ) CEO Leo Apotheker helped cost investors $50 billion in market value as the tech company's stock dropped from a 52-week high of $49.49 to its current price of $23.19. Now, the board wants to create a plan that could well keep the price of the stock low for some time.
From PepsiCo to Avon to Xerox, these women are responsible for some of the biggest companies and brands that consumers touch and feel everyday. And this year, there's a new No. 1 on Fortune's list of the most powerful women.
