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Meg Whitman, Hewlett-Packard's new CEO, will be paid $1 a year, joining a string of other high-profile CEOs that are earning a buck, plus other incentives.
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.
Apple shares are trading near their all-time high of $422.86, but most analysts expect them to go much higher. Forty-six analysts tracked by Thomson/First Call have a median price target of $500 -- an approximately 20% rise -- and the most optimistic among them forecasts the stock will hit $666 -- about 60% higher than it trades now.
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.
Personal computer sales fell 1.1% in the first quarter compared to the same period in 2010, according to industry research firm Gartner, but while its report lists a few possible reasons for the decline, none are compelling, and the drop is unlikely to presage a serious decline in PC sales.

Stocks fell again on Wednesday, and oil prices briefly crossed the $100-a-barrel mark after violence escalated in Libya. Oil traders are spooked about the possible spread of turmoil. Tech bellwether HP's disappointing outlook also hurt.
Deadly clashes in Libya sent shockwaves through various markets yesterday, setting the stage for more turbulence in the sessions ahead. Gold and oil have already spiked higher on world markets, and U.S. investors will also see some major earnings and economic reports.
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.
Wall Street started the new year with a robust jump, helped by encouraging corporate and economic news that pushed the broad market to a 28-month high. The S&P 500 has now reclaimed nearly 90% of its losses from the bear-market bottom of March 2009.
As the holiday shopping season kicks off, a report this month from ChangeWave forecasts that Apple will lead sales of consumer electronics, outpacing other sellers of computers, tablets and home electronics in buyers' shopping plans.

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.05-0.13
-1.59%
55.20M
ALU
Alcatel-Lucent (ADR)
2.23+0.29
+14.69%
39.51M
PBR-A
Petroleo Brasileiro S.A. A Shares
27.54-2.20
-7.40%
9.02M
PBR
Petroleo Brasileiro S.A. (ADR)
29.56-2.43
-7.60%
8.76M

% Gainers

CIE
Cobalt International Energy
35.62 +11.72
+49.04%
4.56M
ALU
Alcatel-Lucent (ADR)
2.23 +0.29
+14.69%
39.51M
WNS
WNS (Holdings) Limited (ADR)
10.50 +1.10
+11.70%
1.78M
LNKD
LinkedIn Corp.
84.74 +8.35
+10.93%
3.49M

% Losers

OSG
Overseas Shipholding Group, Inc.
10.65-1.18
-9.97%
250,549
OC-B
Owens Corning (Warrant) 'B'
2.40-0.25
-9.43%
4,268
LF
LeapFrog Enterprises, Inc.
6.20-0.63
-9.22%
1.13M
KV-A
K V Pharmaceutical Co. Class A
2.37-0.24
-9.20%
315,837
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