NEW YORK-- A Jefferies analyst says Hewlett-Packard Co.' s board needed some change, but expects the personal computer maker won't roll out any new broad initiatives until a permanent new chairman is announced. Late Thursday HP said that Ray Lane is stepping down as chairman and board members John Hammergren and G. Kennedy Thompson are leaving the board.
NEW YORK-- A Jefferies analyst says Hewlett-Packard Co.' s board needed some change, but believes the personal computer maker won't roll out any new broad initiatives until a permanent new chairman is announced. Late Thursday HP said that Ray Lane is stepping down as chairman and board members John Hammergren and G. Kennedy Thompson are leaving the board.
NEW YORK-- Shares of a variety of networking equipment and other information technology companies took a hit Friday after F5 Networks Inc. cut its outlook for the January-March quarter, citing disappointing results from its North American business.