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BP may restart its dividend payments early next year after choosing to suspend them in the aftermath of the explosion of its Deepwater Horizon rig in the Gulf of Mexico in April.

Continue reading BP’s Incoming Chief Says Company May Restart Dividend Payments Next Year

BP’s Incoming Chief Says Company May Restart Dividend Payments Next Year originally appeared on DailyFinance on Thu, 30 Sep 2010 20:39:00.

Filed Under: Company News, BP

Global semiconductor revenue growth this year will be slower than previously expected, as weaker-than-expected demand for personal computers and other consumer-electronic devices will cause inventory to pile up, iSuppli said in a statement today.

Continue reading Semiconductor Sales Growth Slower Than Expected

Semiconductor Sales Growth Slower Than Expected originally appeared on DailyFinance on Thu, 30 Sep 2010 20:03:00.

Filed Under: Technology, Hewlett-Packard, Intel, AMD, Retail

Dollar Thrifty shareholders voted against a proposed acquisition from larger car-rental competitor Hertz, likely ending Hertz’s five-month-long effort to acquire the company and indicating that a competing bid from Avis Budget Group may be gaining traction.

Continue reading Dollar Thrifty Shareholders Reject Hertz Bid, Boost Avis’s Chances

Dollar Thrifty Shareholders Reject Hertz Bid, Boost Avis’s Chances originally appeared on DailyFinance on Thu, 30 Sep 2010 18:12:00.

Filed Under: Company News

In a somewhat surprising move, HP went outside its walls — and all the way to Germany — to find the chief executive to replace the ousted Mark Hurd. Apotheker had stepped down as CEO of German software giant SAP in 2010.

Continue reading HP Names Former SAP Chief Leo Apotheker as CEO

HP Names Former SAP Chief Leo Apotheker as CEO originally appeared on DailyFinance on Thu, 30 Sep 2010 17:10:00.

Filed Under: Company News, Technology, People, Hewlett-Packard, Oracle, SAP, Stocks in the News

The U.S. Postal Service’s attempt to raise the price of a first-class stamp to 46 cents from 44 cents was unanimously rejected today by an oversight board, which said the Postal Service failed to sufficiently quantify either the effect of the recession on operations or how much mail shipments would decline if rates were increased.

Continue reading Postal Service Request to Raise First Class Stamp Price Rejected

Postal Service Request to Raise First Class Stamp Price Rejected originally appeared on DailyFinance on Thu, 30 Sep 2010 17:02:00.