News on Mark Hurd

HP marks opening of Ark. service center

2010-03-03T11:15:26Z

<div id="subtitle">Hewlett-Packard dedicates Ark. service center, bringing 1,200 jobs and perhaps more ahead</div><div><p>Marking the opening Wednesday of its technical service center in Conway, Hewlett-Packard Co. CEO Mark Hurd said the facility is part of the company's strategy of raising its U.S. pro...

Hewlett-Packard CEO got $24M pay package for 2009

2010-02-22T21:20:26Z

<div id="subtitle">Hewlett-Packard CEO Hurd got $24M pay package for 2009, nearly 30 pct less than prior year</div><div><p>Hewlett-Packard Co. CEO Mark Hurd got a pay package in latest fiscal year the company valued at $24.2 million, according to an analysis of a company filing Tuesday.</p><p&a...

HP quarterly net profit up 14 percent

2010-02-24T01:33:43Z

<div><p>US computer giant Hewlett-Packard posted a 14 percent rise in quarterly net profit Monday as slumping personal computer sales were offset by a solid performance in its services division.</p><p>The Palo Alto, California-based HP reported fourth-quarter net ...

MARK HURD OF HP ISN'T RESTING ON HIS LAURELS

2010-02-25T00:03:15Z

<div><h1> MARK HURD OF HP ISN'T RESTING ON HIS LAURELS </h1><p>On the eve of a Hewlett-Packard meeting with Wall Street analysts, I talked with CEO Mark Hurd about how the company--now the largest in all of techdom--has weathered the downturn and where growth...

Poor HP Earnings Dim Hopes for Tech

2010-02-25T18:22:06Z

<div><p> Investors looking for evidence that the tech sector has rounded recession's corner were disappointed by results released Aug. 18 by Hewlett-Packard (HPQ). The world's largest maker of computers said profits tumbled 19% and that while business conditions are becoming more stable, pricing battles are likely to erode profit further. "We're encouraged by the stability we're beginning to...

On The Call: Hewlett-Packard CEO Mark Hurd

2010-02-25T18:39:10Z

<div id="subtitle">On The Call: Hewlett-Packard CEO Mark Hurd on declines in cash-cow printer ink business</div><div><p>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...

FAT BONUSES GIVE THE LIE TO `SHARED SACRIFICE'

2010-02-26T16:49:12Z

<div><h1> FAT BONUSES GIVE THE LIE TO `SHARED SACRIFICE' </h1><p>"Cutting Salaries Instead of Jobs" (What's Next, June 8) states: "Uniform pay cuts can be felt as a shared sacrifice." But the issue of executive bonuses is completely ignored. Hewlett-Packard gave its boss, Mark Hurd, a $23.9 million bonus last ye...

HP chief cautious about return of pent-up demand

2010-02-27T04:39:38Z

<div id="subtitle">Pent-up demand worries HP CEO, who plans undisclosed number of additional layoffs</div><div><p>While other big technology vendors have said they've seen demand bottom out and show signs of recovery, Hewlett-Packard Co. has stayed cautious, warning it's too soon to tell when its business will improve.</p><p>HP's CEO, <...

Hewlett Packard Outlook

2009-05-29T00:42:46Z

FILE- In this Nov. 12, 2007 file photo, Hewlett-Packard Co. CEO Mark Hurd speaks during a conference in San Francisco. Hurd on Thursday, May 28, 2009 told investors and financial analysts at a meeting in New York that he's confident HP can hit its profit forecast, b...

Hewlett-Packard outlook disappoints

2010-02-27T08:47:41Z

<div><p>NEW YORK (Reuters) - Hewlett-Packard Co &lt;HPQ.N&gt; gave a disappointing outlook for full-year revenue and said it will lay off another 2 percent of its workforce as consumers and businesses cut spending on computers, printers and services, sending its shares down about 5 percent.</p>&am...

THE RETURN ON RESEARCH

2010-03-03T13:49:09Z

<div><h1> THE RETURN ON RESEARCH </h1><p>Business leaders are often vexed by research and development spending. How much money do you put into R&amp;D when it could be 10 years before you see a payoff as products hit the market?</p><p> Hewlett-Packard CEO Mark Hurd has pushed hard to take guesswork out of the equation. Since arriving at HP four years ...

Earns Hewlett Packard

2009-04-21T02:05:29Z

In this March 6, 2008 photo, Hewlett Packard Company CEO Mark Hurd speaks at HP headquarters in Palo Alto, Calif. Hewlett-Packard Co.'s quarterly profit dropped 13 percent, the company reported Wednesday, Feb. 18, 2009, and sales ticked up just 1 percent, as even the technology company's cash-cow printer ink business wa...

Correction: Hewlett-Packard CEO pay story

2010-03-02T02:25:31Z

<div id="subtitle">Correction: Hewlett-Packard CEO pay story</div><div><p>In stories Jan. 20 and Jan. 21 about Hewlett-Packard Co. CEO Mark Hurd's pay package, The Associated Press, relying on information from HP, erroneously reported that Hurd...

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

2010-03-02T18:54:55Z

<div id="subtitle">After 3 prosperous years at HP, Hurd got $34 million pay package in '08</div><div><p>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 ...

HP backs guidance but Wall Street wary

2010-03-01T13:09:31Z

<div id="subtitle">HP backs 2009 guidance but Wall Street wary of downturn's harm</div><div><p>Even in troubled times, Hewlett-Packard Co. has managed to stack up some impressive gains.</p><p>Laptop sales soared 21 percent to $6.3 billion in the latest quarter, despite warnings of a ...