Can Fiorina Reboot Hp?
Carleton S. "Carly" Fiorina has received plenty of accolades for breathing new life into Hewlett-Packard Co. since taking over the computer and printer giant in mid-1999. But on Nov. 13, such talk seemed a distant memory. After she announced fourth-quarter earnings of 41 cents a share, 10 cents below expectations, the stock skidded 14%, to less than $34. And while news that a proposed $18 billion purchase of consultants PricewaterhouseCoopers had been canceled brought relief to investors, it was a big blow to Fiorina's makeover.
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