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Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated

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To: kumar who wrote (2762)9/7/2010 3:41:02 PM
From: Uncle Frank  Read Replies (9) of 2955
 
Apparently HP feels that there should be no life after HP.

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HP sues ex-CEO Hurd after his hiring at Oracle
REUTERS — 46 MINUTES AGO

SAN FRANCISCO (Reuters) - Hewlett-Packard Co is suing former Chief Executive Mark Hurd following his hiring by rival technology firm Oracle Corp, court documents showed.

Oracle, the world's third-largest software maker, announced Hurd's hiring on Monday, a month after he resigned from HP over expense account irregularities related to a female contractor.

Shares of HP fell 0.6 percent to $40.10 on the New York Stock Exchange. Shares of Oracle rose 5.5 percent to $24.18.
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