Word: hewletts
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Dates: during 2000-2009
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...sterling reputation to--gulp!--WorldCom? The place is a disaster: home to at least $9 billion in accounting fraud, $120 billion in vaporized shareholder wealth and the largest bankruptcy in history. Giuliani is not being asked to run WorldCom (that falls to Michael Capellas, former No. 2 at Hewlett-Packard, who accepted the ceo job last week). But Giuliani has aligned with a group headed by bond investor David Matlin that is trying to seize control of WorldCom in bankruptcy court. Some bondholders want Giuliani to serve as chairman of the board...
Carly Fiorina has long struck a tone of defiant self-assurance, and it's beginning to seem justified. The CEO of tech giant Hewlett-Packard proved adept at playing Wall Street hardball, leading her company's ferociously contested proxy battle to buy Compaq Computer for $19 billion. She promised big benefits from that acquisition and last week began to deliver them. HP's quarterly earnings report showed the company stemming losses in its most troubled divisions--PCs and corporate computer systems--and surpassing its cost-cutting goals. HP shares have surged 72% since early October, including 15% last week...
Nanotubes could be the first commodity in the nanotech economy. Dozens of companies around the world already pump out mounds of the stuff--affectionately called soot--and sell it to some of the world's largest companies and labs for research: IBM, Hewlett-Packard, Samsung and NEC. Nano-Lab, in Brighton, Mass., is one of the few nanotech companies turning a profit. It sold $200,000 worth of made-to-order nanotubes in 2001 and is on track to more than double that amount this year. Last week HP researchers unveiled a way of manufacturing molecular-scale circuitry that will...
Coordinator of Residential Computing Kevin S. Davis ’98 said yesterday that HASCS did not know what is at the root of the repeated failures. But he said that Hewlett Packard (HP), the vendor of Harvard’s servers, was called in within the first half-hour of the failures, as HASCS believe the problem most likely lies with the equipment provided by the vendor...
Davis said that the problem had “gained visibility on the executive level” at Hewlett Packard, and that the company is conducting an investigation to find out the cause of the problems, and should have a statement by next Wednesday...