ANOTHER CHANGE: Hewlett-Packard Co shuffled its top ranks on Wednesday, shifting a star executive to a role identifying acquisition targets after a disappointing performance from the division he oversaw curtailed the No 1 PC maker's 2014 outlook. — Reuters
SAN FRANCISCO: Hewlett-Packard Co shuffled its top ranks on Wednesday, shifting a star executive to a role identifying acquisition targets after a disappointing performance from the division he oversaw curtailed the No 1 PC maker's 2014 outlook.
Shares in HP dropped 8% in after-hours trading after the company reported a 9% decline in Enterprise Group revenue, the company's second-largest division and a critical component of CEO Meg Whitman's plan to transform HP into a provider of enterprise computing services able to take on IBM and Cisco Systems Inc.
Limited time offer:
Just RM5 per month.
