Monday, August 09, 2010

U.S. stocks rise as market awaits Fed

Date: Aug 9, 2010 12:00 PM

U.S. STOCKS RISE AS MARKET AWAITS FED
U.S. stocks edged up slightly Monday as investors grew tentatively hopeful that a recent spate of disappointing economic data could prompt more stimulus measures from the Federal Reserve. 

THE RISE AND FALL OF MARK HURD
Mark Hurd was a little-known executive from Ohio when he was tapped to lead Hewlett-Packard five years ago, after one of the most turbulent periods in the Silicon Valley icon's history.  See full story.

H-P'S HURD RESIGNS AFTER SEXUAL-HARRASSMENT PROBE
Hewlett-Packard Chief Executive Mark Hurd resigns following an investigation of a claim of sexual harassment against him and the company by a former contractor. 

H-P'S HURD MAY HAVE HAD TOO MUCH POWER

It seems Pattie Dunn was right. The former Hewlett-Packard chairman preached strict corporate governance, but her words went unheeded amid a corporate spying scandal. Now with the sudden resignation of H-P CEO Mark Hurd, her words are coming back to haunt the company. 

BIG SHOCKER FOR H-P AS MARK HURD STEPS DOWN
Hewlett-Packard Co. sought to soothe investors after CEO Mark Hurd's shocking and abrupt resignation Friday, but that'll be a hard sell. 

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