Hewlett-Packard Fiscal 4Q Profit Beats Estimates

Hewlett-Packard’sfiscal fourth-quarter profit rose 5.2% as the world’s biggest computer maker saw increased demand for high-margin products such as servers and networking and storage equipment that offset lackluster consumer de…

HP Names Former SAP Chief Leo Apotheker as CEO

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.
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