Hewlett-Packard Co. may reveal as early as today how it will fight shareholder claims it botched the Autonomy acquisition and will soon face demands that executives provide testimony, e-mails and documents as investor lawsuits over an $8.8 billion writedown of the deal reignite.
EMC Corp. shares declined the most since May 2012 after third-quarter profit fell short of analysts’ estimates and the company cut sales and earnings forecasts for the year amid a drop in U.S. government spending.
Hewlett-Packard Co., facing investor frustration over sales-forecast cuts and jarring strategy shifts, is considering replacing Chief Executive Officer Leo Apotheker, two people familiar with the matter said.
Dell Inc. reported results that underscore the challenges facing the company amid a decline in personal-computer sales, whatever the outcome of a vote next month on Michael Dell’s $24.9 billion plan to go private.
Hewlett-Packard Co. , the largest maker of computers, announced a board shake-up aimed at adding foreign-based directors and quelling criticism over the way it handled the departure of Chief Executive Officer Mark Hurd .