BlackBerry said it plans to release security updates for Android and iOS devices by Friday to address the "Heartbleed" security threat.» Read More
NEW YORK— Hewlett-Packard will pay the U.S. government $108 million to settle charges that former employees paid bribes to officials in Russia, Mexico and Poland. The SEC says an HP division in Russia paid $2 million to make sure the company retained a contract with the federal prosecutor's office there.
Apple Inc. rose $3.73 or. 7 percent, to $527.17. Hewlett Packard Co. rose$. 11 or. 3 percent, to $32.56. International Business Machines Corp. rose $1.48 or. 8 percent, to $194.77.
Hewlett-Packard will pay $108 mln a to settle a DOJ and SEC investigation into potential violations of the Foreign Corrupt Practices Act.
SAN FRANCISCO, April 9- Hewlett-Packard will pay $108 million and agreed to take on certain reporting and compliance obligations to settle a Justice Department and SEC investigation into potential violations of the Foreign Corrupt Practices Act.
*Poland has launched industry-wide investigation. WARSAW, April 9- Polish prosecutors alleged on Wednesday that a local executive with U.S. firm Hewlett-Packard Co. paid bribes worth over $500,000 in exchange for help winning contracts to supply computer equipment to the Polish police headquarters.
WARSAW, April 9- U.S. computing company Hewlett-Packard Co. will on Wednesday acknowledge "corrupt" activities in Poland, Polish Interior Minister Bartlomiej Sienkiewicz said. It's a breakthrough moment in Poland when a great international company acknowledges its corrupt activities in Poland, "Sienkiewicz told Polish public radio.
Apple Inc. fell $3.30 or. 6 percent, to $520.17. Hewlett Packard Co. fell$. 36 or 1.1 percent, to $32.34. International Business Machines Corp. fell $1.10 or. 6 percent, to $193.42.
Some of Monday's midday movers:
*Swiss structure not challenged by IRS- Caterpillar. WASHINGTON, April 1- Caterpillar Inc defended itself on Tuesday against accusations of offshore tax-dodging, telling a U.S. Senate panel that a low-tax unit the company set up years ago in Switzerland has not been challenged by U.S. tax authorities.
WASHINGTON, April 1- The broken U.S. tax code encourages companies to shift profits overseas, Republican senators said on Tuesday, seeking to deflect criticism from Caterpillar Inc at a hearing on how it allegedly avoided paying $2.4 billion in taxes.
The three-dimensional printing sector could grow as much as 25 percent per year, UBS analyst Steve Milunovich tells CNBC.
The "Fast Money" traders share their final trades of the day.
Some of the names on the move ahead of the open.
WASHINGTON, April 1- Executives for Caterpillar Inc will defend the company's offshore tax strategies at a U.S. Senate hearing on Tuesday held by a panel known for shedding light on corporate tax avoidance.
They may have been branded the "most hideous" stocks recently, but 3-D printing will continue to produce stellar growth over the coming years, according to research.
March 31- Hewlett-Packard Co agreed to pay $57 million to settle a lawsuit that accused the personal computer maker's former management of defrauding shareholders by abandoning a business model it had long touted.
Caterpillar, using a Swiss affiliate, avoided paying $2.4 billion dollars in U.S. taxes, says Senate report.
Snowden revelations about the NSA may be costing U.S. cloud companies billions, and their loss means big business for firms outside the country.
WASHINGTON, March 31- U.S. Supreme Court justices stepped gingerly into a raging debate over computer software on Monday, voicing concerns about vaguely defined patents but signaling they would avoid any radical change to existing law.
WASHINGTON, March 31- U.S. Supreme Court justices gave little indication on Monday they would set new guidelines on patent eligibility of software.