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Carly Fiorina, previously one of America's most powerful businesswomen, resigns her post as CEO of Hewlett-Packard following a dispute with the company's board of directors over future strategy and the firm's profitability. Ms Fiorina pushed through a controversial merger with rival Compaq in 2002 and HP has struggled since. Shareholders cheer her departure and lift the price of HP stock by 10%. Her resignation is effective immediately and CFO Robert Wayman replaces her temporarily. |
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