hewlett-packard CEO

What Was Wall Street Thinking Last Week?

Why was Netflix appealing for help with lobbying Congress to its alienated users? Why did Carmax report lower-than-expected results when its business model is made for hard times? Why were sick people and dead fish turning up around a JinkoSolar plant in China? And why is HP laying off hundreds of employees if it wants to find a buyer for Palm?

$4 Million Signing Bonus for New HP CEO Leo Apotheker

HP shares dropped more than 3% in premarket trading Friday, a day after the company named Leo Apotheker to replace Mark Hurd as CEO. And if investors aren't impressed with the choice of the former CEO of software giant SAP to lead HP, they're really not going to like his compensation package.