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The Wire

HP profit jumps on cost cuts, new market expansion

Hewlett-Packard Co.'s cost-cutting and push into new markets is helping soften the blow from weakness in the company's mainstay businesses.

HP's 3Com takeover marks a shot at Cisco

Hewlett-Packard Co.'s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. — and a sign of how old relationships are being frayed by a flurry of maneuvers by technology heavyweights.

On The Call: Hewlett-Packard CEO Mark Hurd

Printer ink has long been Hewlett-Packard Co.'s cash cow, because it's expensive and customers refill constantly. Pressure in recent quarters has raised questions about the prospects for that part of HP's business.

Sluggish PC, ink sales hurt HP; results still beat

Hewlett-Packard Co.'s 19 percent drop in quarterly profit shows that the company still relies heavily on printer ink and the troubled personal computer market, despite the aggressive transformation it's undertaking to branch out and encroach more on rival IBM Corp.'s turf.

HP's profit drops, more layoffs looming

As a gauge of how personal computer sales are faring, Hewlett-Packard Co.'s quarterly results clouded the issue rather than provided clarity.

HP turns to services as hardware sales falter

With sales of servers and personal computers and even printer ink taking a drubbing because of the recession, Hewlett-Packard Co. is banking on its newly beefed-up services division to help pick up some of the slack.

HP chief Hurd got pay valued at $34 million in '08

Under three years of Mark Hurd's leadership, Hewlett-Packard Co. has added more than $30 billion in sales, seen its profit more than triple, and for that "exceptional and sustained" performance Hurd was rewarded with a $34 million pay package in the latest fiscal year.

HP posts 3Q profit jump; faces stiff competition

Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter but the technology bellwether faces another big challenge — stiffer personal-computer competition — that threatens to slow its steady growth.

HP's 2Q profit up on strong demand outside US

Hewlett-Packard Co. cashed in on rising international demand again in its second quarter, but that performance may not be enough to ease worries about the company's exposure to the ailing U.S. economy as it prepares to digest the second largest acquisition in its 69-year history.

HP 2Q profit rises, raises full-year targets

Hewlett-Packard Co.'s fiscal second-quarter earnings exceeded expectations and the company raised its full-year financial targets, the computer maker and technology services provider said Tuesday.

HP Settles Spying Scandal Claims

Hewlett-Packard Co. reached a financial settlement with The New York Times and three BusinessWeek journalists who were spied on as part of the company's boardroom surveillance scheme, the company said late Wednesday.

HP 4Q Profit Beats Wall Street Forecasts

Hewlett-Packard Co., which took the title of world's biggest PC seller a year ago from slumping rival Dell Inc., is warning investors that it does not expect its PC business to continue expanding as quickly as it has been.

Ex-HP Director's Book Opens With Scandal

Tom Perkins co-founded the firm that helped spawn Google, Amazon and Genentech. He married — and divorced — romance novelist Danielle Steel. And his resignation from Hewlett-Packard Co.'s board revealed the spying that rocked that Silicon Valley institution.

Judge Drops Charges Against HP's Dunn

California's criminal case surrounding Hewlett-Packard Co.'s ill-fated boardroom spying scandal has all but evaporated, although the four defendants still aren't off the hook with federal prosecutors.

Hewlett-Packard 1Q Profit Up 26 Percent

Hewlett-Packard Co. continued to steal a major slice of the personal computer market from struggling rival Dell Inc. in the first quarter — and analysts said HP still has room to grow.

HP Chairs Agree Company Behaved Horribly

Hewlett-Packard Co.'s current and former board chairs readily agreed Thursday with outraged lawmakers that the storied Silicon Valley company had behaved horribly in trying ferret out boardroom leaks.

HP Execs to Testify Before House Panel

As new revelations about Hewlett-Packard Co.'s director spying scandal cascade, Chairwoman Patricia Dunn and the company's general counsel have agreed to testify next week before a House panel investigating the affair.

The Vine

Spectrum auction may attract Web giants

Posted 03:45 EST, 27, Oct 2008 - TheDeal.com It's the auction that could bring free Internet to the masses.

Hewlett-Packard Settles Spying Case
Source: The New York Times

Hewlett-Packard has agreed to a financial settlement with The New York Times and three Business Week magazine journalists in connection with the company's spying scandal.

Taming the Guzzlers That Power the World Wide Web
Source: The New York Times

As energy consumption by data centers climbs, energy efficiency becomes a priority.

While in the Kitchen, Stir the Stew and Surf the Web
Source: The New York Times

Dream kitchens may soon include a computer along with the latest refrigerator or oven, so people can satisfy their digital needs along with nutritional ones.

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