HP's Slump Deepens as Profits Plummet 32% in Fiscal 2Q
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
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CEO Flameouts: The Bigger They Aimed, the Harder They Fell
Ron Johnson's short tenure as J.C. Penney's CEO will go down as one of the biggest corporate flameouts ever. But he's hardly the first executive to aim high and fail hard.
Might Former HP CEO Mark Hurd End Up Running Dell?
Michael Dell's attempt to gain more control over his namesake computer company appears to be turning into a financial tug-of-war.
4 Former Growth Giants That Have Turned Into Stock Bargains
Recently, the line between growth stocks and value stocks has gotten a lot blurrier. Many well-known companies that were high-growth for years now find themselves viewed as top picks by value-oriented investors. Let's take a look at four of them.
'Liar, Liar,' Says the Buyer: Firm HP Acquired Misled It About Finances
Hewlett-Packard said that British company Autonomy, which, it bought for $10 billion last year, lied about its finances, resulting in a $8.8 billion write-down of the value of the business. But HP is avoiding using the word "fraud" to describe the fictional bookkeeping.
New Details in Hewlett-Packard Pretexting Case
Five years after tech giant Hewlett-Packard found itself at the center of a headline-grabbing pretexting scandal, DailyFinance has learned that federal authorities have expanded the scope of their prosecution to include other potential defendants.
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.
Ken Olsen Remembered: Lessons of a Great American Entrepreneur
Ken Olsen, the MIT-educated inventor who founded DEC in the 1950s and built it into multibillion dollar company, died on Sunday. In addition to inventing the minicomputer, Olsen was a pioneer as a manager. But perhaps the most valuable lesson his life can teach regards his one business blind spot.
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.
Intel Signs Black Eyed Peas' will.i.am to Boost Creativity
The world's largest chipmaker is looking to promote its technology products through a new association with the seven-time Grammy Award winner. Says will.i.am: "When I see an Intel chip, I think of all the creative minds involved that help to amplify my own creativity."
HP to Launch Investigation into Hurd's Departure
Hewlett-Packard is planning an independent investigation into the circumstances surrounding the forced resignation of CEO Mark Hurd last year and the compensation package he received. A shareholder lawsuit claims HP's directors wasted company money by awarding Hurd as much as $53 million in severance.
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.
Investors Boo Dell's Bid for Compellent
Under the agreement, Dell will pay Compellent investors $27.75 a share in cash. Problem is those investors had bid up the stock to above $34 in anticipation of a much a better offer. If they ultimately reject Dell's deal, it'll be another black eye for the computing giant.