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Hewlett-Packard Company stock price
Hewlett-Packard Company latest news:
How major US stock indexes fared on Wednesday
US stocks mostly slipped away from their record highs Wednesday as the two former halves of Hewlett-Packard both tumbled, while falling interest rates helped phone companies but hurt banks
Meg Whitman to Step Down as Hewlett-Packard Enterprise C.E.O.
After building eBay into an internet giant, Ms. Whitman steered Hewlett-Packard, one of Silicon Valley’s corporate icons, with mixed results.
Meg Whitman to step down as chief executive of HPE
Hewlett Packard Enterprise Co. Chief Executive Meg Whitman will step down in 2018 and be replaced by Antonio Neri, the company announced Tuesday afternoon. Whitman has been in charge of the former Hewlett-Packard since 2011, overseeing the company's separation into consumer- and enterprise-facing operations in HP Inc. and HPE, as well as other spin-offs and changes. "I'm incredibly proud of all we've accomplished since I joined HP in 2011," Whitman said in Tuesday's announcement. "Today, Hewlett Packard moves forward as four industry-leading companies that are each well positioned to win in their respective markets." Neri has been with HPE since 1995, and has been running the Enterprise Group since 2015. He was named president of HPE in June. Whitman will remain on the board of HPE. HPE, which also announced fiscal fourth-quarter earnings Tuesday afternoon, saw shares sink by almost 8% in immediate late trading after the twin announcements.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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