hewlett-packard

Hewlett-Packard OKs $10 Billion Share Buyback

Hewlett-Packard shares jumped nearly 2.76%, or $1.05, to $39.05 in premarket trading after the No. 1 PC maker announced Monday that its board of directors had authorized an additional $10 billion for share repurchases. HP expects to buy back at least $3 billion worth of shares in its fiscal fourth quarter.

Is Hiring New Workers Really
Too Expensive?

Businesses large and small have complained for years about the cost of doing business. And it's not unusual for them to use the cost of hiring moderate-income workers to illustrate their points. Here's what they fail to mention.

PC Industry's Woes May Mean Bargains

Computer makers are scrambling to goose faltering consumer demand after a weak start to the back-to-school shopping season. That could mean deeper price cuts and other promotions for shoppers this fall.

The Bidding War for 3Par Continues as HP Replies

The bidding war between rival PC makers Dell and Hewlett-Packard over small data storage company 3Par has heated up once again. Just a couple of hours after Dell matched HP's increased bid from late Thursday, the No. 1 PC maker raised the stakes once again, offering to acquire 3Par for $30 per share.

HP Earnings Solid as Tech Giant Looks Beyond Mark Hurd

Scandal-shaken Hewlett Packard reported solid earnings results just days after company CEO Mark Hurd resigned following an sexually-tinged expenses imbroglio. The company's results weren't a surprise because it pre-announced its results after Hurd's departure.

The 25 Companies That Cut 700,000 Jobs

Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.

Top Aide to Former Hewlett-Packard CEO Hurd Resigns

A top aide to former Hewlett-Packard (HPQ) CEO Mark Hurd resigned abruptly. Caprice Fimbres McIlvaine, formerly head of internal communications at the company, resigned effective Aug. 9, three days after Hurd%u2019s departure, Fortune reported. McIlvaine acted as "something of a chief of staff to Hurd", accompanying him on business trips and organizing gatherings of top customers, Fortune said.

HP Board Blindsided by PR Campaign on Hurd's Behalf

The board of Hewlett-Packard Co (HPQ) was blindsided by the public relations campaign waged on behalf of former CEO Mark Hurd, who resigned last week over alleged ethics violations. Hurd, who collected a $12.2 million cash payment as part of his separation, hired Los Angeles-based public relations firm Sitrick & Co. days before quitting, The Wall Street Journal reported without naming its sources. Sitrick is known for handing crisis communications for big names such as celebrity Paris Hilton.

HP After Hurd: Just Break Up the Bloated Beast

Ex-CEO Mark Hurd built HP into a sprawling, ungainly mishmash of tech companies, on "one-stop-shop" for info tech that few companies are clamoring for. It's probably better off chopped into three smaller companies that could manage growth more easily on their own.

Analysts: Todd Bradley is Favorite to Succeed Mark Hurd at HP

In the wake of Mark Hurd's resignation, HP's board now must assemble a list of possible candidates both from inside and outside the company. Some analysts call Todd Bradley, executive VP of HP's Personal Systems Group -- the $42 billion mobile and PC business -- the odds-on favorite.

Hewlett-Packard Earnings Soar, Boosts Outlook

Hewlett-Packard's net income jumped 28% in the latest quarter as stronger demand for computers helped to heal a battered technology industry. The company also raised its 2010 forecast.

HP's Russia Scandal: A Little Bribery Never Hurt Anybody

While the U.S. government sniffs around at Hewlett-Packard's allegedly shady dealings in Russia, Harvard economist Jeffrey Miron argues that in some places, bribery can be a good thing, and says the Foreign Corrupt Practices Act only handicaps U.S. companies while doing nothing to prevent corruption.

How many iPads has Apple sold?

Apple now says it's sold 450,000 iPad units, a monster jump from last week's declaration of 300,000 units sold on April 3, the tablet computer's...

Ten Years After the Dot Com Bust, Tech Is Booming

In the decade since the tech-heavy Nasdaq reached its all-time high in the midst of the Internet bubble, the index has recouped just half half of its losses. Even so, tech is booming once again, and it seems a good time to take a look at where tech is headed in the next ten years.

HP Trims Profit After Lawsuit Ruling

Hewlett-Packard trimmed the net income it reported for its fiscal first quarter Friday, saying it has to set aside more money than expected to deal with a lawsuit against it in the United Kingdom.