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.
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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.