Hewlett Packard

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Dow Drops to 6-Year Low
 Dow Drops to 6-Year Low 
MARKETS
Feb 19, 2009 3:22 PM CST

Dow Drops to 6-Year Low

Fifth Third Bancorp reports losses

(Newser) - Stocks fell again today, with the Dow sinking to its lowest point in six years, MarketWatch reports. The usual financials led declines, with poor results from Fifth Third Bancorp souring sentiment. The Dow fell 89.68 points to close at 7,465.95. The Nasdaq lost 25.15 points, closing...

Even Microsoft Is Weighing Layoffs

Need to trim costs in weak economy has software firm looking at rare cuts

(Newser) - Microsoft could be considering the first large-scale layoff in its history, as it looks for ways to trim costs, reports the Wall Street Journal. Up to 15,000 positions are rumored to be at risk—6% of its workforce—but insiders say the cuts, across all divisions, are likely to...

Boom in Netbook Sales Powers New Features

At CES, the line blurs between netbooks and laptops

(Newser) - An unexpected 10 million netbooks—scaled down, lower-priced laptops—were  sold in 2008, sending tech companies racing into the market, the Wall Street Journal reports. At this week’s Consumer Electronics Show, market segments like cell phones and PCs seem to be converging faster than ever as they try to...

What Embargo? HP Printers Find Their Way to Iran

Company skirts US law with help from overseas distributor

(Newser) - HP printers have become top-sellers in Tehran, despite a 13-year embargo against US companies doing business with Iran, the Boston Globe reports. An Indian-owned distributor sells HP products in Iran, enabling it to skirt American law. But questions remain: If HP execs cut the deal with Redington Gulf knowing their...

Laptop Sales Zip Past Desktops
 Laptop Sales Zip Past Desktops 
Dec 24, 2008 5:43 AM CST

Laptop Sales Zip Past Desktops

Netbook drives up laptop sales

(Newser) - The demand for Acer Netbooks has pushed laptop sales beyond desktop PC sales for the first time ever, CNET reports. Notebook PC shipments rose almost 40% for the third quarter of 2008 to 38.6 million units, while desktop sales slipped 1.3% to 38.5 million. Hewlett-Packard remains the...

Recession Bites Into Apple
 Recession Bites Into Apple 
Dec 16, 2008 4:57 AM CST

Recession Bites Into Apple

November sales down, stock falls

(Newser) - Even apparently recession-proof Apple is now beginning to show signs of strain, and some analysts are predicting a major slowdown for the computer giant next year, the Wall Street Journal reports. US sales of Macs last month declined 1% over a year ago, while PC sales rose 2%. One analyst...

H-P Will Offer 3-Year Battery for Notebooks

Warranty will be the longest on the market, company says

(Newser) - Hewlett-Packard next year plans to offer the longest-lasting battery for notebooks on the market. The company says its new lithium ion battery, called HP Enviro, will run as good as new for three years, PC Magazine reports. It also will charge faster than current models, reaching 80% after 30 minutes....

Dow Extends Rally, Rises 247
 Dow Extends Rally, Rises 247 
MARKETS
Nov 26, 2008 3:20 PM CST

Dow Extends Rally, Rises 247

Grim earnings and economic reports can't stop Street's rise

(Newser) - The markets extended a winning streak into a fourth session today, despite mostly dismal economic data, the Wall Street Journal reports. Consumer spending and orders for durable goods fell over the last month, but the Dow closed up 247.14 points at 8,727. The Nasdaq rose 67.4 points...

Dow Up 151 After Seesaw Day
 Dow Up 151 After Seesaw Day 
MARKETS
Nov 18, 2008 3:20 PM CST

Dow Up 151 After Seesaw Day

Housing data drags, but HP, Home Depot fuel optimism

(Newser) - Stocks finished up slightly today amid a raft of mixed economic and earnings news, MarketWatch reports. On light trading volume, the indices swung between significant gains and losses, and the Dow closed up 151.17 at 8,424.75. The Nasdaq clawed out of the red at the last moment,...

Ad's Choice of Song Sparks Debate on Artists' Lives

HP yanks tune by pedophile Gary Glitter

(Newser) - HP's decision to change an ad because it featured a song by convicted child molester Gary Glitter has Charlie Moran in Advertising Age wondering about how far we should go in drawing the line between the artist and his art. The ad for the TouchSmart PC drew complaints because it...

Crisis May Cost World 20M Jobs
 Crisis May Cost World 20M Jobs 
ANALYSIS
Oct 21, 2008 3:22 PM CDT

Crisis May Cost World 20M Jobs

Analysts see 'equal-opportunity recession'

(Newser) - The financial sector is slashing workers, and Silicon Valley employees are dropping like prices on last year's iPod. What industry is next? All of them, Moira Herbst writes in BusinessWeek. Every company relies on credit and consumer purchasing power, making this an “equal-opportunity recession,” a staffing agent says....

Her Golden Parachute Fine With McCain
Her Golden Parachute Fine With McCain
ANALYSIS
Sep 16, 2008 2:10 PM CDT

Her Golden Parachute Fine With McCain

'No analogy' between Fiorina's $45M from HP, subprime payouts

(Newser) - John McCain and Sarah Palin made a point yesterday of blasting CEOs who left their companies with multimillion-dollar golden parachutes while workers and shareholders suffered. But McCain’s top economic adviser deployed just such a shiny parachute when Hewlett-Packard ousted her, ABC News reports. Carly Fiorina pocketed $45 million, even...

Modest Gains From Mixed Day
 Modest Gains From Mixed Day 
MARKETS
Aug 20, 2008 3:29 PM CDT

Modest Gains From Mixed Day

Fannie, Freddie continue to bleed out; H-P brightens tech sector

(Newser) - The markets ended up after alternating from gains to losses in today’s session, MarketWatch reports. Fannie Mae and Freddie Mac continue to make traders uneasy about financial firms, but strong results from Hewlett-Packard provided a welcome distraction. The Dow closed up 68.88 at 11,417.42. The Nasdaq...

PC Makers See Big Trouble in Smaller 'Netbooks'

Web-focused computers, starting at $300, yield little profit, may forecast trend

(Newser) - Smaller and lighter than most textbooks, “netbooks”—the latest generation of computers used for light computing and surfing the web—are causing heartburn among PC manufacturers who see the low-cost innovation as a threat to already-slim profit margins, the New York Times reports. Perhaps more worrisome to giants...

HP Exec Busted for Passing IBM Secrets

Exec shared rival's confidential info with new HP bosses

(Newser) - A former Hewlett-Packard vice president faces federal charges for sharing trade secrets from IBM, the Wall Street Journal reports. The exec requested confidential pricing information while he was working for IBM. Two months later, he got a job at HP and emailed the info to an HP executive, according to...

Tech Giants Join Forces Against 'Patent Trolls'

Fear of lawsuits behind group effort to snap up intellectual property

(Newser) - Some of tech's biggest players are banding together to corner the market on patents key to their various businesses, the Wall Street Journal reports. Companies like Google and Verizon are afraid of being held hostage by small players with a claim on key bits of intellectual property, and wary of...

HP's Touch Still a Bit Clumsy
HP's Touch Still a Bit Clumsy
PRODUCT REVIEW
Jun 26, 2008 10:32 AM CDT

HP's Touch Still a Bit Clumsy

TouchSmart PC 'fun,' 'versatile,' 'attractive,' Mossberg finds, but not quite there yet

(Newser) - Hewlett-Packard’s revamped TouchSmart PC, a one-piece desktop computer with a touch-controlled user interface, improves on its previous, bulky iteration, with a sleek case, big 22-inch screen, and wireless keyboard and mouse, personal-tech guru Walter Mossberg writes in the Wall Street Journal. But the touch-screen software is still in its...

Intel Moves into Clean Tech With Solar Cell Spinoff

SpectraWatt joins IBM, HP entries, part of a larger trend in IT industry

(Newser) - Intel made a move into clean technology yesterday, creating a spinoff that will manufacture solar cells and pumping $50 million into it. SpectraWatt’s focus will be on improving solar-cell efficiency and cutting costs per watt, its CEO told CNet. IT companies are increasingly getting into the solar industry. Both...

Carly Fiorina Puts Feminine Face on McCain Campaign

In exchange, ousted HP CEO gets rehab

(Newser) - The inner circle of advisers to John McCain is small, loyal—and almost completely male. But one woman has gained the candidate's respect and become a key surrogate for him in the media: Carly Fiorina, the ousted CEO of Hewlett-Packard. Each has something to gain—Fiorina is helping McCain with...

Low-Income Buyers Make Brazil 5th-Biggest PC Market

More money and more credit fuel surge, helping Dell and HP

(Newser) - Brazilian consumers are putting better credit offers and growing wealth into computers, and HP and Dell are the beneficiaries. The country is now the 5th-biggest PC market in the world, and low-income buyers are fueling the boom there. Computer shipments rose 38% last year to 10.7 million, Bloomberg reports,...

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