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Tag: HP

HP’s Chairman Steps Down, Two Directors to Depart

April 5, 2013 | 11:18 am

HP’s Chairman Steps Down, Two Directors to Depart

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By Michael Liedtke, Associated Press Technology Writer SAN FRANCISCO (AP) Hewlett-Packard Co. Chairman Ray Lane is stepping down and two other board members are leaving in a shake-up spurred by disgruntled stockholders stung by the personal computer maker’s downfall. The housecleaning announced Thursday comes just two weeks after HP barely rebuffed a shareholder rebellion aimed […]

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November 20, 2012 | 9:28 am

A.M. Splash: Calif. Cap-and-Trade Start Called a Success; HP Blames Aquisition for Huge Writedown; Dispute Could Slow Chevron Restart

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California’s first cap-and-trade auction sells out, declared ‘a success’ (SJ Mercury News) State regulators on Monday celebrated the results of last week’s first-ever auction of California greenhouse gas emission permits, declaring the long-awaited kickoff to the nation’s first effort to put a price on carbon pollution a success. The state did not disclose how many […]

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August 10, 2012 | 4:34 pm

Video Appears to Offer Peek Inside HP Factory

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You may have wondered from time to time who made the device you are using to read this blog post. Now a video being circulated on the Internet apparently offers an unobstructed view. Nothing much happens in this video. AnteboyanROX, who posted it, explains that he or she found the video on a Hewlett Packard […]

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May 23, 2012 | 1:31 pm

HP to Lay Off About 27,000 by 2014

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SAN FRANCISCO (AP) Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers. The cuts announced Wednesday represent the HP’s largest payroll purge in its 73-year history. The reductions will affect about 8 percent of Hewlett-Packard Co.’s […]

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Meg Whitman Replaces Apotheker as HP CEO; HP Chair: “It’s…open season to write about this board.”

September 22, 2011 | 3:12 pm

Meg Whitman Replaces Apotheker as HP CEO; HP Chair: “It’s…open season to write about this board.”

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Update 3 p.m. Here’s some analysis from AP about HP’s big move today. It’s called “As H-P’s CEO, Whitman an imperfect fit.” Hewlett-Packard Co.’s decision to fire CEO Leo Apotheker after just 11 months and replace him with former eBay chief Meg Whitman is another dizzying turn of the executive merry-go-round at a company whose […]

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February 22, 2011 | 3:45 pm

HP Shares Hammered

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Update Wed: HP stock is not doing much better this morning, down about 10 percent. Original post HP shares are getting hammered after-hours after the company released it earnings report and a diminished sales outlook. The stock is down about 12 percent from its close. The company cut its revenue projection from $132 to $133.5 […]

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January 20, 2011 | 2:03 pm

Meg Whitman Named to HP Board in Housecleaning

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No pun intended in that headline. From NBC Bay Area: The former Republican governor hopeful is one of five new directors set to join the Hewlett-Packard board of directors. The world’s largest computer maker announced Whitman’s appointment after the close of the bell Thursday. Whitman will be joined by Shumeet Banerji, CEO of Booz & […]

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