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HP, Business Timeline Saturday, August 30     Author
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HP in talks to buy Electronic Data Systems

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HP, Business Timeline Legend  

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Hewlett-Packard Beats Street  Fiscal 3rd-quarter profit jumped 14%, as strong laptop sales and a robust international presence continued to lift the technology bellwether HP in talks to buy Electronic Data Systems  Hewlett-Packard is in advanced talks to buy Electronic Data Systems for about $12 billion to compete with IBM in the business info 1Q Profit Rises 38 Percent
Aug. 19
May.12
Feb.19

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Hewlett-Packard Beats Street

August 2008 ... more > Top ^

Aug. 19
  Fiscal 3rd-quarter profit jumped 14%, as strong laptop sales and a robust international presence continued to lift the technology bellwether

May 2008 ... more > Top ^

May.12
  Hewlett-Packard is in advanced talks to buy Electronic Data Systems for about $12 billion to compete with IBM in the business info. Technology

February 2008 ... more > Top ^

Feb.19 1Q Profit Rises 38 Percent  Hewlett-Packard delivered a fiscal 1st-quarter profit above analyst expectations and brightened its outlook for the rest of the year

January 2008 ... more > Top ^

Jan.20 HP families protect vast ranch. San Jose

year 2007 Top ^

Nov.19 4Q Profit Up 28%, Beating Estimates Oct.9 Fiorina Joins New Fox Business Channel Jul.23 HP to Buy Opsware for $1.6 Billion  HP is offering $14.25 per share in cash in a tender offer for data center automation software company Jul.20 Acer Files Suit Against Hewlett-Packard May.18 House where HP founded becomes historic. Palo Alto May.16 2Q Profit Down, But Sales Up  Hewlett-Packard's profit fell 7% because of a big tax gain recorded last year. The tech giant narrowly beat Wall Street's forecast May.8 Hewlett Packard Hikes 2Q Outlook Reports: Microsoft Pursuing Yahoo Mar.14 Investors vote down sharehold. Proposal Feb.22 HP tightens belt as profit rises Jan.24  CEO Cashes In $8.6 Million Bonus Jan.20 CEO replies to House probe

year 2006 Top ^

Dec.13 Congress Asks CEO To Explain Cashout Dec.12  CEO says more cost-cutting ahead Dec.11 CFO Bob Wayman to retire  Wayman, 61, will be succeeded by Cathie Lesjak, 47, the treasurer and senior VP Dec.7 $14.5M To Settle State Pretexting Lawsuit  Hewlett-Packard agreed to settle a lawsuit brought by state Attorney General accusing the company of unfair business practices Nov.30 Shareholder Suit Claims Insider Trading Nov.18  Thompson picksed as board director Nov.16 Hewlett-Packard Q4 Results Surge Oct.19  Security firm went through trash Google buys YouTube for $1.65bn Sep.28 General counsel resigns from company Sep.22 CEO Offers Apology; Chair Resigns Now  Mark Hurd announced that the fallout over the scandal also appeared to take down 2 senior HP employees Sep.21  Stock Drops As CEO Linked To Spy Probe E-mails Suggest CEO Had Role In Scandal  Mark Hurd played a more direct role in an investigation of media leaks than previously disclosed Sep.19  Army 10 years' contract valued at $5B Sep.12 Dunn to Step Down  Patricia Dunn will step down as chairwoman amid a widening scandal. She will be succeeded by CEO Hurd Sep.8  Chairwoman Tries To Save Her Job Sep.6 HP Sought Director Records in Leak Probe
  Investigators sought private telephone records while hunting for leaks to the media of confidential information
 HP ousts veteran member of board George Keyworth. The techniques of the investigation relied on an illegal data mining method known as 'pretexting'
Aug.16 HP Beats Forecast As Sales Up 5% Jul.25 HP to buy Mercury Interactive for $4.5b  Mountain View: The all-cash price works out to $52 per share, a 33% premium above Mercury's closing price of $39 in the over-the-counter market Jul.17  Microchip size of pencil dot Feb.15 Fiscal First Quarter Profit Jumps 30% Google censors itself for China

year 2005 Top ^

Jul.19 Hewlett-Packard cuts 14,500 staff  HP is to lay off about 10% of its workers over the next 18 months as part of its long-awaited restructuring Mar.29 Mark Hurd named as new CEO  Hewlett-Packard named Mark Hurd, 48, the leader of the computer services company NCR to succeed Carly Fiorina Feb.9 CEO Fiorina out
  Hewlett-Packard Chairman and CEO Carly Fiorina leaving after fight with board; will walk away with $21m
Jan.24 Board considers shifting Fiorina duties

year 2004 Top ^

Aug.12 3rd-quarter earnings below expectations  Computer giant reported a 9% jump in third-quarter revenues. An execution by server and storage business is 'unacceptable' May.18 Profit jumps 34%, but analysts cautious  Hewlett-Packard Co. improved its outlook for the second half of the year Feb.19 Profit jumps 30%

year 2003 Top ^

Nov.19 Earnings more than double Aug.19 3rd-quarter earnings miss expectations May.20 Jobs cut as earnings beat expectations Feb.25 Quarter earnings beat expectations

year 2002 Top ^

Sep.25 HP to cut additional 1,800 jobs May.7 Merger Layoffs Will Hit At Least 15,000  CEO Carly Fiorina says she will try to keep the lid on layoffs May.3 Compaq acquisition officially closed Apr.30 Judge rules Compaq deal can continue Apr.17 Independent: investors approve vote Mar.19 CEO claims victory in merger vote
  Dissident board member W. Hewlett insisted the vote remained too close to call
 The turbulent shareholder meeting drew more than 2,000 mom-and-pop investors, current and past Hewlett-Packard employees. The 15,000 layoffs that are expected if the deal goes through. HP shares fell 45 cents, more than 2 percent, to $18.80
Sun sues Microsoft Mar.6  Regulators Approve HP-Compaq Deal Mar.5 Research firm recommends merger Feb.13  HP earnings soar

year 2001 Top ^

Dec.7  Packard Foundation against merger Nov.6 Founder family oppose Compaq deal  The family and foundation of William Hewlett will vote their 5% stake against the takeover Sep.3 HP buying Compaq for $25 billion  The new company with annual earnings of $3.9 billion and 145,000 employees would rival IBM Aug.16  HP reports 89% drop in profit Jul.26 HP cutting 6,000 jobs  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force Jul.17  Molecular computers Apr.18 HP to cut 3,000 jobs Cisco cut 8,000 jobs Jan.12 William Hewlett dead at 87  Palo Alto: He was an engineer who co-founded Hewlett-Packard Co. in a garage in 1938 and pioneered Silicon Valley

Acer Files Suit Against Hewlett-Packard $14.5M To Settle State Pretexting Lawsuit  Hewlett-Packard agreed to settle a lawsuit brought by state Attorney General accusing the company of unfair business practices Shareholder Suit Claims Insider Trading Judge rules Compaq deal can continue HP in talks to buy Electronic Data Systems



HP, Business Business Lawsuit Timeline ... See Bay Area Business Lawsuit timeline, World Business Lawsuit timeline Top ^
2007
Jul.20
2006
Dec.7
Nov.30
2002
Apr.30



HP, Business Merger Timeline ... See Bay Area Merger timeline, World Merger timeline Top ^
2008
May.12
  Hewlett-Packard is in advanced talks to buy Electronic Data Systems for about $12 billion to compete with IBM in the business info. Technology
2007 Jul.23 HP to Buy Opsware for $1.6 Billion  HP is offering $14.25 per share in cash in a tender offer for data center automation software company 2006 Jul.25 HP to buy Mercury Interactive for $4.5b  Mountain View: The all-cash price works out to $52 per share, a 33% premium above Mercury's closing price of $39 in the over-the-counter market 2002 May.3 Compaq acquisition officially closed Apr.17 Independent: investors approve vote Mar.19 CEO claims victory in merger vote
  Dissident board member W. Hewlett insisted the vote remained too close to call
 The turbulent shareholder meeting drew more than 2,000 mom-and-pop investors, current and past Hewlett-Packard employees. The 15,000 layoffs that are expected if the deal goes through. HP shares fell 45 cents, more than 2 percent, to $18.80
Mar.6  Regulators Approve HP-Compaq Deal Mar.5 Research firm recommends merger 2001 Dec.7  Packard Foundation against merger Nov.6 Founder family oppose Compaq deal  The family and foundation of William Hewlett will vote their 5% stake against the takeover Sep.3 HP buying Compaq for $25 billion  The new company with annual earnings of $3.9 billion and 145,000 employees would rival IBM


HP, Business Business Leaders Timeline ... See Bay Area Business Leaders timeline, World Business Leaders timeline Top ^
2007 Jan.24  CEO Cashes In $8.6 Million Bonus Jan.20 CEO replies to House probe 2006 Dec.13 Congress Asks CEO To Explain Cashout Dec.11 CFO Bob Wayman to retire  Wayman, 61, will be succeeded by Cathie Lesjak, 47, the treasurer and senior VP Nov.18  Thompson picksed as board director Sep.28 General counsel resigns from company Sep.22 CEO Offers Apology; Chair Resigns Now  Mark Hurd announced that the fallout over the scandal also appeared to take down 2 senior HP employees Sep.12 Dunn to Step Down  Patricia Dunn will step down as chairwoman amid a widening scandal. She will be succeeded by CEO Hurd Sep.8  Chairwoman Tries To Save Her Job 2005 Mar.29 Mark Hurd named as new CEO  Hewlett-Packard named Mark Hurd, 48, the leader of the computer services company NCR to succeed Carly Fiorina Feb.9 CEO Fiorina out
  Hewlett-Packard Chairman and CEO Carly Fiorina leaving after fight with board; will walk away with $21m
Jan.24 Board considers shifting Fiorina duties


HP, Business Stocks Timeline ... See Bay Area Stocks timeline, World Stocks timeline Top ^
2007 Mar.14 Investors vote down sharehold. Proposal 2006 Sep.21  Stock Drops As CEO Linked To Spy Probe


HP, Business Real Estate Timeline ... See Bay Area Real Estate timeline, World Real Estate timeline Top ^
2008 Jan.20 HP families protect vast ranch. San Jose


HP, Business Earnings Timeline ... See Bay Area Earnings timeline, World Earnings timeline Top ^
2008 Feb.19 1Q Profit Rises 38 Percent  Hewlett-Packard delivered a fiscal 1st-quarter profit above analyst expectations and brightened its outlook for the rest of the year 2007 Nov.19 4Q Profit Up 28%, Beating Estimates May.16 2Q Profit Down, But Sales Up  Hewlett-Packard's profit fell 7% because of a big tax gain recorded last year. The tech giant narrowly beat Wall Street's forecast May.8 Hewlett Packard Hikes 2Q Outlook Feb.22 HP tightens belt as profit rises 2006 Nov.16 Hewlett-Packard Q4 Results Surge Aug.16 HP Beats Forecast As Sales Up 5% Feb.15 Fiscal First Quarter Profit Jumps 30% 2004 Aug.12 3rd-quarter earnings below expectations  Computer giant reported a 9% jump in third-quarter revenues. An execution by server and storage business is 'unacceptable' May.18 Profit jumps 34%, but analysts cautious  Hewlett-Packard Co. improved its outlook for the second half of the year Feb.19 Profit jumps 30% 2003 Nov.19 Earnings more than double Aug.19 3rd-quarter earnings miss expectations Feb.25 Quarter earnings beat expectations 2002 Feb.13  HP earnings soar 2001 Aug.16  HP reports 89% drop in profit


HP, Business Media Timeline ... See Bay Area Media timeline, World Media timeline Top ^
2007 Oct.9 Fiorina Joins New Fox Business Channel


HP, Business Job Cut Timeline ... See Bay Area Job Cut timeline, World Job Cut timeline Top ^
2005 Jul.19 Hewlett-Packard cuts 14,500 staff  HP is to lay off about 10% of its workers over the next 18 months as part of its long-awaited restructuring 2003 May.20 Jobs cut as earnings beat expectations 2002 Sep.25 HP to cut additional 1,800 jobs May.7 Merger Layoffs Will Hit At Least 15,000  CEO Carly Fiorina says she will try to keep the lid on layoffs 2001 Jul.26 HP cutting 6,000 jobs  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force Apr.18 HP to cut 3,000 jobs


HP, Business Business Obituary Timeline ... See Bay Area Business Obituary timeline, World Business Obituary timeline Top ^
2001 Jan.12 William Hewlett dead at 87  Palo Alto: He was an engineer who co-founded Hewlett-Packard Co. in a garage in 1938 and pioneered Silicon Valley


HP, Business High Tech Timeline ... See Bay Area High Tech timeline, World High Tech timeline Top ^
2008 Aug. 19 Hewlett-Packard Beats Street
  Fiscal 3rd-quarter profit jumped 14%, as strong laptop sales and a robust international presence continued to lift the technology bellwether
2007 May.18 House where HP founded becomes historic. Palo Alto 2006 Sep.19  Army 10 years' contract valued at $5B Jul.17  Microchip size of pencil dot 2001 Jul.17  Molecular computers


HP, Business Bad Economic News Timeline ... See Bay Area Bad Economic News timeline, World Bad Economic News timeline Top ^
2006 Dec.12  CEO says more cost-cutting ahead