By IBTimes UK
Company plans to complete layoffs within two years, mainly through early retirement to minimise number of redundancies. (May 24)
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MEG WHITMAN
By IBTimes AU
Although operators of the soon-to-be shuttered smelter plant in Hunter Valley cited the high Australian dollar and weak prices in the international market for aluminium as the short-term reasons why it would close its Kurri Kurri facility, the Opposi... (May 23)
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MANUFACTURING, AUSTRALIA, CLIMATE CHANGE, TONY ABBOTT, RIO TINTO
By IBTimes AU
Growth will be Hewlett Packard's (HP) core vision over the next two years and the company's new business plan includes the upcoming release of a Windows 8-powered tablet computer later this year and the phased separation of thousands of workers. (May 23)
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MICROSOFT, MEG WHITMAN, SAMSUNG, TWITTER, FACEBOOK, CLOUD COMPUTING
By Reuters
Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple <AAPL.O> helped lift the Nasdaq. (May 23)
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DOW JONES, MORGAN STANLEY, NYSE, CRUDE OIL, FACEBOOK, EUROPEAN UNION
By Reuters
Shares of Dell Inc <DELL.O> plunged 17 percent Wednesday after a disappointing revenue forecast spurred fears that global tech spending is weakening faster than anticipated and raised doubts about the PC maker's strategy. (May 23)
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CHINA, MICROSOFT, IBM, MICHAEL DELL, IPAD, NEW YORK
By IBTimes
Margaret Whitman, the new CEO of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, decided to swing her ax Wednesday as the company reported dreadful second-quarter results. (May 23)
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CARLY FIORINA, IBM, NYSE, CHRYSLER, RETAIL, CISCO SYSTEMS
By Reuters
Hewlett Packard Co outlined a plan on Wednesday to lay off roughly 27,000 employees or about 8 percent of its workforce to jumpstart growth. (May 23)
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MEG WHITMAN
By Reuters
Shares of Dell Inc <DELL.O> plunged 18 percent Wednesday, on track for their biggest single-day loss in more than a decade, after a disappointing revenue forecast spurred fears that global tech spending is weakening faster than anticipated. (May 23)
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CHINA, MICROSOFT, MICHAEL DELL, IPAD, NEW YORK, INTEL
By IBTimes
Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?. (May 23)
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IBM, NYSE, CISCO SYSTEMS, DELL, MICROSOFT, MICHAEL DELL, INTEL
By IBTimes
Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, fell as much as 5.6 percent Wednesday, ahead of its expected announcement of second-quarter results. (May 23)
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CARLY FIORINA, NYSE, MARK HURD, CALIFORNIA, MANAGEMENT, DELL