Activist investor Ralph Whitworth is joining Hewlett Packard Co's board after taking a small stake in the Silicon Valley behemoth, a move that may cheer many on Wall Street frustrated by the company's recent decisions.
Apple elected Genentech CEO Arthur Levinson as its second Chairman, following the Oct. 5 death of Steve Jobs.
Shares of Dell feel 2 percent despite the company's report of higher-tha-expected results.
Dell, the No. 2 PC maker, reported third-quarter net income rose nine percent, or 49 cents a share, ahead of estimates largely due to stronger sales to enterprise clients.
Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.
So now we know one reason why shares of IBM, the No. 2 computer services company rose nearly 13 percent over the past three months: Warren Buffett has been buying.
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, kept up their two-day upward spree after the company reported first-quarter results that slightly beat expectations.
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, soared nearly seven percent Thursday after the company reported first-quarter results that slightly beat expectations.
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.
Now that the two biggest U.S. booksellers are solidly in the tablet market, investors and consumers can reach two solid conclusions: Apple’s market share will decrease and prices will start falling.
New Hewlett-Packard CEO Meg Whitman may try to sell the Palm WebOS mobile platform designed into the ill-fated TouchPad tablet.
Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.
Shares of Cisco Systems have jumped 20 percent in the past three months, which could be an indicator the No. 1 vendor of Internet networking products has surmounted a rough patch.
Nobody would ask who the top five men are in U.S. technology because their ranks fill the executive suites at Intel, Apple, Texas Instruments, Google, Microsoft, Nvidia, Motorola Mobility. But finding the women is harder because there are fewer, especially at the CEO level, where they can really influence the company and the industry.
Hewlett-Packard is set to keep its PC division which it had put up for sale, but it may shut down its webOS division, which was obtained for $1.2 billion in April 2010 when the company bought Palm. As webOS goes, 500 jobs are on the chopping block as well.
Shares of Hewlett-Packard rose about 3.5 percent Friday after the No. 1 maker of PCs decided not to drop out of the business. Separately, Fitch said the decision favorably affected its credit rating.
Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business.
Shares of Hewlett-Packard rose about 3 percent Friday after the No. 1 maker of PCs decided not to drop out of the business.
Technology giant Hewlett-Packard Co. (NYSE:HPQ) has now abandoned its previous decision to spin-off its PC division, which has led to the ouster of its ex-CEO Leo Apotheker.
Hewlett-Packard is retaining its personal computer unit following an extensive review that showed that a separation would have cost at least $1.5 billion in one-time expenses.
IBM has announced that, for the first time in its history, it will have a woman, Virginia Ginni Rometty, run the company.
