Word: emce
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...board ultimately concluded that Fiorina had one significant weakness as a chief executive: she just wasn't very good at running the business. That's a problem when you head an $80 billion behemoth with lackluster earnings that is beset on all sides by competitors like IBM, EMC and Dell. "Looking forward, we think the job is very reliant on hands-on execution, and we thought a new set of capabilities was called for," said Patricia Dunn, an HP director who became nonexecutive chairwoman...
SMITH: The beginning part of the recovery has tracked what you would have thought. Aggressive-growth companies have done well: biotech, semiconductor companies, Internet companies--stocks you thought were going to go out of business. And so have big companies whose stock has come down dramatically, like EMC and Ericsson. Now it's a more level playing field, and the premium for quality companies over average companies is very small. So I think you would want to buy quality. You'd rather buy Wal-Mart, vs. J.C. Penney or Dell, vs. Hewlett-Packard...
...scoffed at the idea of selling direct overseas, but unit shipments to China, Japan, France and Germany were up 39% in the first quarter over the same period last year. The product mix expanded too. Dell took on HP and IBM in servers and services, and teamed up with EMC on storage...
Promises of quick fixes have faded as the scale of the government's challenge has become clear. But the early setbacks have not deterred companies from setting up shop in or near Washington to get closer to the action. In the past year, Raytheon and EMC launched a joint government IT unit, and SAP relocated its global public-sector headquarters to the Washington area. And PeopleSoft launched two new products designed for the Homeland Security market...
...made it dominant in PCs. Its partnerships with database king Oracle and Linux maven Red Hat (Linux is an increasingly popular--and open--alternative to Windows for Intel-based servers) give customers access to powerful options. And in November Dell announced a co-branding arrangement with data-storage king EMC. Although Dell operates mostly at the low end of the market, the idea is to climb steadily toward faster and more expensive machines as the technology arrives...