Stifel Nicolaus's Rakers Discusses HP, Hurd Resignation

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Aug. 6 (Bloomberg) -- Aaron Rakers, an analyst at Stifel Nicolaus & Co., talks with Bloomberg's Lizzie O'Leary and Matt Miller about today's resignation by Hewlett-Packard Co. Chief Executive Officer Mark Hurd and the outlook for the company. Hurd resigned as CEO after an investigation found he had a personal relationship with a contractor who received pay from the company that wasn’t business-related. Chief Financial Officer Cathie Lesjak will take over as interim CEO. (Source: Bloomberg)

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