Reports On Ceo Cut Cost of Stock

Summary


SAN FRANCISCO - Hewlett-Packard Co.'s stock price dropped by nearly 5 percent Thursday as investors reacted to reports that Chief Executive Officer Mark Hurd knew more about the computer and printer maker's elaborate spying program than previously thought.

It marked Wall Street's first significant rebuke in the two weeks since HP first acknowledged authorizing a surreptitious operation that tested the bounds of privacy laws and raised embarrassing questions about the ethics of the world's largest technology company.

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Extract


Reports On Ceo Cut Cost of Stock

California Attorney General Bill Lockyer and several federal agencies are investiga...

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