Brent Bracelin News
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Cisco Systems Inc. executive John McCool, a senior vice president who led sales of corporate mobile and networking gear, is departing and will be replaced by Tom Wilburn.
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After a board shakeup that investors said was overdue, Hewlett-Packard Co.’s Chief Executive Officer Meg Whitman is seeking to use a new line of servers to jump- start a multiyear turnaround of a company that has become a symbol of corporate mismanagement.
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Hewlett-Packard Co. investors will get the chance to voice dismay over the $8.8 billion writedown of Autonomy Corp. when they’re asked to re-elect Chairman Ray Lane and other directors at an annual meeting today.
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Hewlett-Packard Co. Chairman Ray Lane and two other board members were re-elected in slim majorities in a referendum that demonstrates growing dismay over the company’s performance and acquisition of Autonomy Corp.
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Hewlett-Packard Co., the world’s biggest personal-computer maker, increased its quarterly dividend by 10 percent for a second-straight year amid mounting investor frustration with leadership over failed acquisitions.
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Cisco Systems Inc., the largest maker of computer-networking gear, faces fresh threats to its profit margins from a new breed of software that’s helping customers handle data traffic with fewer switches and routers.
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A surge in high-profile hacker attacks this year is demonstrating the limits of an older generation of security software from Symantec Corp. and McAfee Inc., putting pressure on them to revamp their product lines.
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Hewlett-Packard Co. , the biggest personal-computer maker, cut a billion dollars from its sales forecast for the year and missed analysts’ profit projections as consumers shunned PCs and services margins narrowed.
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Cisco Systems Inc. Chief Executive Officer John Chambers , after reporting disappointing earnings four quarters in a row, will makes changes aimed at regaining the company’s lost credibility and sharpening its focus.
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Mellanox Technologies Ltd.’s price target was cut the most among the world’s 374 largest technology companies after Apple Inc. as sales guidance missed analysts’ projections for the second time this month.
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