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APR 05, 2013 - Yahoo! News

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HP shakeup points to more "shareholder friendly" board

(Reuters) - Wall Street's psycho-analysis of Hewlett-Packard's latest board room shuffle has begun. The resignation of Hewlett-Packard Co Chairman Ray Lane and appointment of activist investor Ralph Whitworth as his interim replacement has raised hopes for a more "shareholder friendly" board at the flailing PC maker. But investors aren't buying it just yet, and HP shares fell about 2 percent in morning trading on Friday. ...

Tags: HP shakeup points to more "shareholder friendly" board,  Hewlett-packard Latest News