hpq

PC Shipments Slow in Q3

Shipments of personal computers missed forecasts in the third quarter, increasing by 7.6% rather than the 12.7% industry analysts had expected to see.

HP Forecasts a Healthy 2011; No Hints on New CEO

Hewlett-Packard (HPQ) forecast healthy growth in earnings and sales for fiscal 2011, as the company expands into consulting and computer security services. The company gave no hints as to who its new CEO may be, almost two months after Mark Hurd stepped down following allegations of abusing his expense account.

HP Close to Appointing New CEO

Hewlett-Packard will probably have a new CEO in under a week. The candidate will likely come from inside the company, which would almost certainly allow the board of directors to speed through the process.

Hewlett-Packard Close to ArcSight Deal

HP is close to a deal to buy security software maker ArcSight (ARST). The transaction would be worth about $1.5 billion, or a little more that $43 a share. That's a 24% premium over where ArcSight's shares traded on September 10.

Hurd's Salary as Oracle President: $950,000

Mark Hurd will receive an annual salary of $950,000 and a bonus of as much as $10 million for fiscal 2011 in his new position as president of Oracle (ORCL), according to a regulatory filing. Hurd, who resigned as CEO of Hewlett-Packard (HPQ) last month over allegations of falsified expense claims, will also have the option to buy 10 million shares in Oracle, and a further 5 million shares in each of the next five years.

Former HP CEO Mark Hurd May Join Oracle

Former Hewlett-Packard CEO Mark Hurd, who was forced out of the company after sexual harassment charges were brought against him, is said to be in talks to join Oracle, the world's largest enterprise software company.

Why HP and Dell Are Crazy About 3Par

The bidding war for 3Par, which specializes in utility storage, now values the company at three times what it was worth before the offers started coming. What is it about 3Par that's so promising? It's all about the "cloud."

Weakness Facing Intel May Be Contagious

Intel cut its guidance for third-quarter revenues, citing weak consumer PC demand. The news signals underlying trends in technology that could be a drag on companies beyond Intel. Keep an eye on companies like Microsoft, HP, Dell and AMD.

HP Tops Dell's Bid in Battle for 3Par

Hewlett-Packard raised the stakes once again in its bidding war with Dell over data-storage company 3Par, offering $1.8 billion and topping Dell's own higher bid made earlier in the day.

Dell Prepares to Counter HP Bid for 3Par

The battle is heating up. After a $1.6 billion counteroffer from Hewlett-Packer Monday, Dell is said to be preparing a sweetened bid for data storage provider 3Par.

Can Dell Buy Its Way Out of Trouble?

Dell's earnings topped Wall Street expectations, but with shares down some 16% year-to-date, the computer company is still struggling. Should it use its $11 billion in cash to buy itself out of trouble?

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.

Jodie Fisher's Peculiar Relationship With HP

Jodie Fisher, the woman at the center of the Hewlett-Packard scandal, has already used up about 10 minutes of her 15 minutes of fame. But there are many unanswered questions in this sordid tale that should disturb investors.

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.

Woman in HP Scandal Says She Is 'Saddened' CEO Lost His Job

Jodie Fisher, the woman at the center of the sexual harassment claim that led to Hewlett-Packard Co. (HPQ) CEO Mark Hurd resigning, said that she is "surprised and saddened" that the events cost him his job. Fisher, 50, knew Hurd through her work as a contractor with HP%u2019s marketing department, The Associated Press reported. Between 2007 and 2009, she was paid as much as $5,000 per event to greet people and make introductions among executives at events.

Mark Hurd's Mixed Performance as HP's CEO

While the stock price doubled under his leadership -- from $21 to below $42 -- and his departure sliced off 10% of its value, there seems to be a gap between HP's net income growth and the slide in its cash position while Hurd manned the helm.

Dell Buys Software Company Scalent

Computer maker Dell has signed an agreement to purchase privately-held software company Scalent for an undisclosed price, the company announced Thursday. Scalent's virtualization software solutions provide dynamic IT infrastructure to businesses.