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Friday, December 7, 2012 - 10:29am
Should Hewlett-Packard Break Itself Up?
As its share price has declined, the value of Hewlett-Packard (NYSE: HPQ) has sunk below the $31 billion it has spent over the past five years on takeover targets. The company is now worth a little more than $27 billion. Much of the blame can be placed on the aggressive acquisition strategies of a...
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Wednesday, November 21, 2012 - 1:34pm
Nearly Half of Traders Think Hewlett-Packard Should Fire its Board
Hewlett-Packard (NYSE: HPQ) is up more than two percent Wednesday after losing nearly 12 percent of its value at market close yesterday. The imperiled company has been taking some heat from investors who were troubled by the Autonomy accounting controversy. In a poll conducted over the last 24...
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HP Does 180, Keeps PC Unit
Thursday, October 27, 2011 - 4:59pmTonight after the market closed, Hewlett Packard (NYSE: HPQ) announced it would be keeping its personal computer unit in house, and not spinning it off as the company had said it would earlier this year. “HP objectively evaluated the strategic, financial and operational impact of spinning off PSG...
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Wednesday, October 12, 2011 - 10:08am
Hewlett-Packard Pulls a Netflix, May Not Separate PC DivisionIt's a good month for undoing bad mistakes. Earlier this week, Netflix (NASDAQ: NFLX) announced that it had cancelled its ridiculous plans to split its streaming and DVD businesses into two separate companies. Now it seems that Hewlett-Packard (NYSE: HPQ) might follow suit. According to the Wall...
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Thursday, September 22, 2011 - 2:23pm
Is Meg Whitman the Right Name to Lead HP?News hit yesterday that Hewlett-Packard (NYSE: HPQ) was reportedly considering outing CEO Leo Apotheker as the head of the company, and potentially naming Meg Whitman as the new CEO. Now this morning, AllThingsD reporter Kara Swisher announced that Whitman is very likely going to get the job,...
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Hewlett-Packard Moving as Leo Could Be Gone
Wednesday, September 21, 2011 - 11:23amNews just broke that Hewlett-Packard's (NYSE: HPQ) board is said to be considering replacing CEO Leo Apotheker. There are rumors right now that Meg Whitman could be in talks to potentially take over for Apotheker as CEO, but so far those are unsubstantiated. At last check, shares of HPQ were up...
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Monday, August 22, 2011 - 11:13am
Did Hewlett-Packard Become A Day Trader?Last week, Hewlett-Packard (NYSE: HPQ) made the decision to spin off its computer business, and discontinue supporting and creating new products based on its acquisition of Palm, and its WebOS operating system. WebOS was supposed to save HP and let it compete with Apple (NASDAQ: AAPL) and Google's...
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Friday, August 19, 2011 - 10:26am
Read The Fine Text: Who Benefits From The HP, Open Text Merger Last night, Hewlett-Packard (NYSE: HPQ) announced it would be buying Autonomy for $42.11 per share in cash, a 64% premium to yesterday's close. In a market rife with volatility and uncertainty, Leo Apotheker is spending a huge amount of money, and paying a huge premium to transition HP. This is...
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HP To Spin Off Computer Biz, Buy Autonomy For $10 Billion
Thursday, August 18, 2011 - 1:13pmIn a wild day for the markets, with the broader indexes off more than 4%, Hewlett-Packard Co. (NYSE: HPQ) is finalizing a deal to purchase Autonomy for $10 billion, as well as spin off its personal-computer business. The reports first came from Bloomberg. According to people close to the...
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Tuesday, May 31, 2011 - 8:32am
Are HP's Quality Control Issues A Sign Of Something Worse? Hewlett-Packard Co. (NYSE: HPQ) announced that it would be expanding a recall of certain laptop batteries, 162,600 in total, after the company received more reports of overheating. This is the third time the company has recalled laptop batteries, each in May of the previous years. In total, 286...
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