Former Hewlett-Packard Chief Executive Mark Hurd has not been nominated for reelection
Hewlett-Packard Co
said on Monday its board approved the buyback of an additional $10 billion of shares to boost investor confidence as it finds itself involved in a bidding war for high-end data storage company 3PAR Inc .Hewlett-Packard Co
said on Monday its board approved the buyback of an additional $10 billion in shares, even as it finds itself involved in an escalating bidding war over high-end data storage company 3PAR Inc .Dell Inc raised its bid for data storage company 3PAR Inc to $1.6 billion, offering slightly more than bigger rival Hewlett-Packard Co, which is expected to respond with an even stronger bid.
Oracle Chief Executive Larry Ellison blasted Hewlett-Packard on Monday for forcing CEO Mark Hurd to resign.
The female contractor whose sexual harassment accusation against Mark Hurd led to his ouster as chief executive of Hewlett-Packard came forward on Sunday, saying she never intended for Hurd to lose his job.
Stocks ticked higher on Monday on speculation the Federal Reserve would add liquidity in a move to strengthen the economy just days after a weaker-than-expected jobs report, the latest to suggest the recovery was losing momentum.
Stocks gained on Monday, lifted by expectations the Federal Reserve will add liquidity to strengthen the economy when it meets on Tuesday, while shares of Hewlett-Packard fell after the chief executive's resignation.
U.S. stocks gained on Monday, lifted by expectations the Federal Reserve will add liquidity to the economy when it meets on Tuesday amid worries of a slowing recovery.
Stocks edged higher on Monday, lifted by forecasts one day ahead of the Federal Reserve's policy making meeting that the Fed will resort once more to some mild quantitative easing.
Bill Hewlett and Dave Packard would not be amused.
Stocks were set for a higher open on Monday as investors shrugged off last week's dismal employment data and shifted focus to the Federal Reserve's assessment of the economy following a meeting of its policymakers later this week.
Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard Co after its chief executive resigned.
Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard Co after its chief executive resigned.
Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard after its chief executive resigned.
Stock index futures pointed to a higher open on Wall Street on Monday with futures for the S&P 500 up 0.42 percent, Dow Jones futures up 0.17 percent and Nasdaq 100 futures up 0.16 percent at 3:55 a.m. ET.
Hewlett-Packard Co said it has received an extremely supportive response from investors and customers following the surprising ouster of Chief Executive Mark Hurd for expense account irregularities.
Hewlett-Packard Co's former chief executive officer Mark Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter.
Hewlett-Packard Co said Chief Executive Mark Hurd has decided to resign following a sexual harassment investigation.
Hewlett-Packard Co Chief Executive Mark Hurd resigned suddenly on Friday following an investigation of sexual harassment, the world's top computer maker said, stunning investors and sending shares down 10 percent.
Hewlett-Packard Co said it aims to boost margins by cutting jobs and reallocating spending to more profitable technology services, shrinking its workforce by a net 3,000 jobs, or 1 percent, over three years.
Hewlett-Packard Co's quarterly results beat expectations and it raised its full-year earnings outlook on demand for personal computers and servers as well as a resurgence in its printing business.
