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HP cuts outlook on services revamp, slow PC sales

(AP) -- Hewlett-Packard Co. is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.

Leaked memo shows Hewlett-Packard CEO jitters

(AP) -- A leaked memo from Hewlett-Packard Co. CEO Leo Apotheker warning of "another tough quarter" underscores the urgent concerns about the technology heavyweight's growth strategy and the challenges facing its new leader.

HP gunning for Cisco in computer network arena

Hewlett-Packard (HP) on Monday unveiled business computer networking gear tailored for modern Internet demands, taking direct aim at Cisco in a multi-billion-dollar market.

HP: Former executive boosted secrets then bolted

(AP) -- Hewlett-Packard Co. has filed a lawsuit against a former executive over allegations he took trade secrets with him when he went to work for rival Oracle Corp.

Hewlett-Packard hikes dividend, outlines strategy

(AP) -- Hewlett-Packard Co. said Monday it plans to raise its dividend for the first time in over a decade and one day soon sell "cloud computing" services to the public.

HP looks to the 'cloud'

Hewlett-Packard plans to offer a complete range of cloud computing services, HP chief executive Leo Apotheker said Monday as he outlined his strategy for the US computer giant.

HP stock slides on trimmed earnings forecast

US computer colossus Hewlett-Packard saw its stock price tumble on Tuesday on a trimmed earnings forecast that triggered fears the economic downturn will continue to weigh on the firm.

PC maker Lenovo says profit up 25 percent

(AP) -- Chinese personal computer maker Lenovo said Thursday its quarterly profit rose 25 percent on double-digit sales growth in developing markets.

HP takes operating software into its own hands

Hewlett-Packard on Wednesday announced that it is adding its own operating software to personal computers to augment the capabilities of Microsoft's Windows.

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