Houston Chronicle (Free subscription) | yesterday
The purchase would more than double the computer maker's revenue from services, challenging International Business Machines. The transaction is Hewlett-Packard's largest since the $18.9 billion takeover of Compaq, led by Chief Executive Officer Mark Hurd's predecessor, Carly Fiorina.
MSNBC.com: Nightly News (Free subscription) | 07/17/2008
July 16: Foreclosures, evictions, and emotions are all on the rise in Prince William County, Va., where Deputy Mark Hurd orders residents out of homes they can no longer afford. NBC's Pete Williams gets an exclusive look at the job. (Nightly News)
The Register (Free subscription) | 07/11/2008
Hurd 'The Butcher' gets out his knife Comment I love this Mark Hurd guy. He's turning cost-cutting into an art form.…
ZD Net Blog (Free subscription) | 06/07/2008
Here's a quickie informational link. It's for a "virtual town" called Greenville that's been fabricated by the Technology CEO Council—the uber-tech-power lobbying group that includes big-name CEOs like Michael Dell, Mark Hurd of Hewlett-Packard, Sam Palmisano of IBM, and Paul Otellini of Intel. (When was the last time you saw Dell, IBM and HP get together on something!) Anyway, this is a rather simplistic...
Unfortune (Free subscription) | 05/28/2008
We’re sitting under a canopy of trees on the patio outside Mark Hurd's office, and the man looks ready to hit someone. Earlier in the week, when word leaked out that Hewlett-Packard planned to buy EDS for $13.9 billion, a chorus of Wall Street analysts started second-guessing the deal - and by extension, Hurd's judgment [...]
Forbes (Free subscription) | 05/27/2008
Analysts may not like Mark Hurd's bid for the IT services firm, but Sun, Xerox and Dell are liking it much less.
BetaNews (Free subscription) | 05/21/2008
With the $13.9 billion buyout of IT outsourcer EDS now in progress, HP this week posted a strong second fiscal quarter across most of of its wide-ranging product areas, despite experiencing what CEO Mark Hurd called a "spotty" US market.
deal architect (Free subscription) | 05/21/2008
You think ERP projects are long and messy? Try data center and application consolidations. HP is a poster child. See this WSJ article which describes HP's consolidation project from its start in 2005. Now read this Mark Hurd earnings call...
Between the Lines (Free subscription) | 05/21/2008
HP CEO Mark Hurd was inevitably asked about the U.S. economy during the company's earnings conference call and the message was clear: It's hard to chart tech spending right now. HP reported a strong second quarter due to sales abroad, but analysts spent a good chunk of time trying to read technology spending. Hurd said (transcript): U.S., [...]
Digital Daily - All Things Digital (Free subscription) | 05/21/2008
Hewlett-Packard CEO Mark Hurd seems to have managed to cut the fat from the company without hitting any of its internal organs. HP reported a 16% increase in its fiscal second-quarter earnings yesterday along with an operating profit margin of 9.2%, thanks to cost-cutting measures and a big 31% jump in laptop PC sales.
VentureBeat (Free subscription) | 05/21/2008
Hewlett-Packard reports “spotty” slowdown in U.S. computer sales: HP said that its earnings rose 16 percent to $2.1 billion and revenues rose 11 percent to $28.3 billion in the fiscal second quarter that ended April 30. But in a conference call HP CEO Mark Hurd acknowledged that sales of computers in the second quarter was [...]
The Reasoned Sceptic (Free subscription) | 05/16/2008
Mark Hurd became CEO of HP just over three years ago, In that time, he has undeniably improved the operating performance of the firm, as well as its total returns. When he took over HP, Hurd had to finish making sense of the mess left by Carly Fiorina's acquisition of Compaq. The logical comparison for the firm at the time was Dell, the major direct PC seller. After running somewhat similarly on a...
Red Orbit (Free subscription) | 05/15/2008
When Hewlett-Packard (HPQ) announced its $13.9 billion acquisition [BusinessWeek.com, 5/13/08] of tech services giant Electronic Data Systems (EDS) on May 13, pundits heralded it as a bold move by HP Chief Executive Mark Hurd.
Market Watch (Free subscription) | 05/15/2008
Mark Hurd may have landed the top job at Hewlett-Packard as the antithesis of the controversial Carly Fiorina, but the low-key executive seems to share a similar taste for high-profile, and high-risk, deals, writes Therese Poletti.
Red Orbit (Free subscription) | 05/14/2008
By Brandon Bailey, San Jose Mercury News, Calif. May 14--Buying a once-struggling tech-services company for nearly $14 billion may be Mark Hurd's biggest gamble since taking the helm at Hewlett-Packard in 2005, but he sounded supremely confident Tuesday.
