Hewlett-Packard’s second-quarter financials may have been in line with forecasts, but they were troubling nonetheless. A number of analysts predicted that the company might report better-than-expected earnings. Sadly, it did not.
Read More »
When Hewlett-Packard CFO Cathie Lesjak said she was fond of cost-cutting, she wasn’t kidding. On Monday HP announced plans to cut 24,600 jobs over the next three years as it digests Electronic Data Systems, the technology services giant it acquired for nearly $14 billion this summer.
Read More »

Hewlett-Packard has wrapped up its acquisition of technology services giant Electronic Data Systems Corp., the company’s largest purchase since the $20 billion merger former HP CEO Carly Fiorina orchestrated with Compaq Computers six years ago. Thankfully, it wasn’t nearly so rancorous.
Read More »