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Wall Street has been quick to punish Hewlett-Packard after the computing and software giant named former SAP chief Leo Apotheker as its new CEO on Sept. 30. But if SAP’s culture says anything about what HP will be like under Apotheker, it may get back to making bets on innovation.

Continue reading Despite Howls, Leo Apotheker May Be Just What HP Needs Now

Despite Howls, Leo Apotheker May Be Just What HP Needs Now originally appeared on DailyFinance on Fri, 01 Oct 2010 11:00:00.

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

HP shares dropped more than 3% in premarket trading Friday, a day after the company named Leo Apotheker to replace Mark Hurd as CEO. And if investors aren’t impressed with the choice of the former CEO of software giant SAP to lead HP, they’re really not going to like his compensation package.

Continue reading HP’s New CEO Gets a $4 Million Signing Bonus

HP’s New CEO Gets a $4 Million Signing Bonus originally appeared on DailyFinance on Fri, 01 Oct 2010 10:04:00.

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

Late Tuesday, PC maker Hewlett-Packard forecast a healthy growth in earnings and sales for fiscal 2011, as the company expands into consulting and computer security services. But the company remained mum on who will fill its CEO slot.

Continue reading HP Forecasts Healthy 2011; No Hints on New CEO

HP Forecasts Healthy 2011; No Hints on New CEO originally appeared on DailyFinance on Wed, 29 Sep 2010 06:32:00.

Filed Under: Company News, Technology, People, Earnings, Hewlett-Packard, Retail

Although Oracle CEO Larry Ellison was a skeptic only a year ago, he has been talking up cloud computing at the company’s annual conference this week.

Continue reading Is Oracle the Leader in Cloud Computing?

Is Oracle the Leader in Cloud Computing? originally appeared on DailyFinance on Wed, 22 Sep 2010 12:55:00.

Filed Under: Technology, Hewlett-Packard, IBM, Oracle