International Business Machines Corp. and Hewlett-Packard Co., the biggest sellers of server computers, lost market share to Dell Inc. in the fourth quarter amid supply disruptions caused by flooding in Thailand, Gartner Inc. said.
Hewlett-Packard Co. directors were concerned that plummeting shares would make the company vulnerable to a bid from Oracle Corp. when they replaced Leo Apotheker with Meg Whitman, two people close to the board said.
Hewlett-Packard Co. , accusing Oracle Corp. of harassing its new chief executive officer, refused to accept service of a subpoena requiring Leo Apotheker to testify at a trial over SAP AG’s downloading of Oracle software.
The Dodd-Frank financial regulation law may require the federal government to spend almost $1 billion and hire or transfer more than 2,000 employees in the months ahead, according to the Government Accountability Office.
Morgan Stanley Managing Director Kamal Ahmed is “cooperating” with the bank’s investigation of allegations raised in a U.S. court filing that an employee helped pass information in the Galleon Group LLC hedge fund insider trading scandal, Ahmed’s lawyer said.
Coca-Cola Co. , Cisco Systems Inc., Volkswagen AG and other global companies are curtailing operations in Egypt as protesters take to the streets for the seventh day to demonstrate against President Hosni Mubarak .
Hewlett-Packard Co. investors , gathered at an annual meeting today, voted against proposed compensation packages for top executives, signaling that shareholders want more influence over how managers are rewarded.
Hewlett-Packard Co.’s independent probe of Mark Hurd ’s departure as chief executive officer will be conducted by Andrew J. Levander , a partner in the New York office of law firm Dechert LLP , an HP spokeswoman said.