LONDON (Reuters) - Hewlett Packard Co has told staff at Autonomy they have a bright future even after founder Mike Lynch was shown the door on Wednesday, joining a long line of top managers to leave the Cambridge-based software maker since HP bought it last year.
NEW YORK (Reuters) - Stocks were little changed on Thursday in volatile trading as ongoing concerns about Greece's possible exit from the euro zone and tepid data on the economy gave investors little reason to take risk.
NEW YORK (Reuters) - Stocks was little changed on Thursday in volatile trading as ongoing concerns about Greece's possible exit from the euro zone and tepid data on the economy gave investors little reason to take risk.
NEW YORK (Reuters) - Stocks was little changed on Thursday in volatile trading as ongoing concerns about Greece's possible exit from the euro zone and tepid data on the U.S. economy gave investors little reason to take risk.
(Reuters) - Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.
SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher.
Thursday, 24 May 2012 | Source: The Associated Press
Shares of Hewlett-Packard Co. jumped nearly 10 percent before Thursday's opening bell, after the company said it will eliminate 27,000 jobs as part of a plan to turn itself around and announced better-than-expected quarterly results.
(Reuters) - Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.
SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher.
SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a fight between the two Silicon Valley giants over smartphone technology.
SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a fight between the two Silicon Valley giants over smartphone technology.
SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher.
SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher.
After Hewlett-Packard announced plans to reduce the largest amount of workers in its 73-year history by cutting 27,000 jobs, Jason Noland, analyst for the firm Robert W. Baird, said the firm risks losing key staff to Silicon Valley. ... Read More
Despite an eyebrow-raising 27,000 layoffs, Hewlett-Packard CEO said the company is in just the early stages of an ambitious reorganization to turn around a slide in profit.... Read More