Leo Apotheker News
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Hewlett-Packard Co. Chief Executive Officer Meg Whitman said the company will release a tablet computer based on Microsoft Corp.’s new version of its Windows software before the end of the year.
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Hewlett-Packard Co. dropped the most in six months after the company’s fiscal second-quarter profit forecast fell short of analysts’ estimates as consumers curtailed personal-computer purchases.
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Rajat Gupta, the former Goldman Sachs Group Inc. director accused of giving inside information to fund manager Raj Rajaratnam, faces new allegations he passed tips about earnings of Goldman Sachs in 2007 and Procter & Gamble Co. in 2009.
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Hewlett-Packard Co. Chief Executive Officer Meg Whitman, who agreed to a $1-a-year salary when she succeeded Leo Apotheker last year, received stock option awards that brought her compensation for fiscal 2011 to $16.5 million.
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Hewlett-Packard Co. won dismissal of Oracle Corp.’s claim that it was duped into settling a dispute over its hiring of HP’s former chief executive officer, Mark Hurd,.
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Hewlett-Packard Co. director Larry Babbio, who drew criticism from corporate-governance advisers last year, won’t stand for re-election to the company’s board.
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Jon Rubinstein, who joined Hewlett- Packard Co. through the ill-fated acquisition of Palm Inc. in 2010, has left the computer maker, a spokeswoman said.
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Leo Apotheker stood before 4,000 Hewlett-Packard Co. colleagues Jan. 31, shielded from the afternoon Bangalore sun by a vast white tent.
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SAP AG, the biggest maker of business-management software, forecast operating profit will rise as much as 11 percent this year, helped by demand for its real-time analytics software and mobile applications.
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Hewlett-Packard Co. Chief Executive Officer Meg Whitman plans to stick by strategies set in motion by her predecessor, Leo Apotheker, betting that investors prefer steady leadership to another unsettling change of course.
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