Former Credit Suisse Group AG broker Eric Butler had his securities-fraud conviction overturned by a federal appeals court, which ruled that Brooklyn, New York, was the wrong venue for the trial on the charge.
Hewlett-Packard Co. ousted Chief Executive Officer Leo Apotheker yesterday, tapping director and former EBay Inc. CEO Meg Whitman to replace him. Before Sept. 21, when Bloomberg reported that he might be fired, the company’s stock had plunged 47 percent on his watch. The following timeline chronicles Apotheker’s tenure.
Oracle Corp. , in a trial that began today against SAP AG , wants at least $2.3 billion in damages for what its German rival acknowledges were a now-defunct unit’s “inappropriate” downloads of Oracle materials.
Hewlett-Packard Co. , which paid the highest multiple on record for a computer company six months ago, now needs to spend as much as double the historical valuation for software takeovers to catch up in cloud computing.
Hewlett-Packard Co. hired Martin Homlish as chief marketing officer, the latest attempt by Leo Apotheker , chief executive officer since November, to reshape management of the world’s largest computer maker.