November 6, 2008

Big business prepares for a less friendly Washington

By: Miami Herald

After years of playing offense, big business is getting ready for the less familiar role of playing defense following President-elect Barack Obama's victory and legislative gains by other Democrats.

Corporate America enjoyed...

October 10, 2008

HP To Set Up New PC Manufacturing Plant In China

By: Xinhua Financial Network News

BEIJING (XFN-ASIA) - Hewlett-Packard Co Ltd (HP), the world's leading PC manufacturer, said it has reached a preliminary agreement to set up a plant to make notebook and desktop personal computers in Chongqing in southwest...

October 9, 2008

HP To Strengthen Presence In China With New PC Manufacturing Plant; Pioneering Move In West China To Accelerate Economic Development

By: Business Wire

To strengthen HP's (NYSE:HPQ) ability to serve the fast-growing Chinese market and accelerate economic development in West China, HP and China's Chongqing Municipality today announced plans for an advanced manufacturing...

October 7, 2008

HP Honored By U.S. EPA For Conserving Energy And Lowering Greenhouse Gas Emissions

By: Business Wire

HP (NYSE:HPQ) was honored as a recipient of a SmartWay Excellence Award from the U.S. Environmental Protection Agency (EPA) for its leadership in conserving energy and lowering greenhouse gas emissions from its surface...

October 1, 2008

HP Acquires LeftHand Networks To Extend Leadership In Storage And Virtualization Solutions

By: Business Wire

HP (NYSE:HPQ) today announced it has signed a definitive agreement to acquire LeftHand Networks Inc., a leading provider of storage virtualization and iSCSI storage area network (SAN) solutions.

LeftHand Networks' solutions...

September 25, 2008

HP Sets Up MDP Operation Center In China

By: China Knowledge Newswire

China Hewlett-Packard Company (CHP) said it has set up the HP Microenterprise Development Program (MDP) China Operation Center, together with Youth Business China.

September 24, 2008

HP CHINA ESTABLISHES CHINESE CENTER FOR MICROENTERPRISE DEV'T

By: Asia Pulse

HP China has established a Chinese center for microenterprise development in cooperation with Youth Business China (YBC), providing support and training to microenterprises and enterprise starters.

September 22, 2008

HP Board Authorizes Additional $8 Billion For Share Repurchases

By: Business Wire

The HP (NYSE:HPQ) board of directors has approved the authorization of an additional $8 billion for share repurchases.

September 17, 2008

HP Will Cut 24,600 Jobs, Almost Half Of Them In U.S.

By: The International Herald Tribune
Ashlee Vance - The New York Times Media Group

Hewlett-Packard announced that it would eliminate 24,600 jobs, or 7.5 percent of its work force, as part of its plan for digesting Electronic Data Systems, the computer services giant that HP acquired for $13.9 billion in...

September 16, 2008

Hewlett-Packard To Cut 24,600 Jobs As It Integrates EDS; Nearly Half Of Cuts From U.S.; Will Take A $1.7 Bil Charge This Quarter For Its $13.9 Bil Purchase Of IT Services Firm

By: Investor's Business Daily
BRIAN WOMACK

Hewlett-Packard said Monday that it would slash 24,600 jobs to streamline its new services business formed by its August acquisition of Electronic Data Systems.

Looking to fuel future profit growth, HP will cut about 7.5% of the...