Hewlett-Packard (HPQ) will pay $16.2M to settle a federal suit claiming it violated bidding...

|By:, SA News Editor

Hewlett-Packard (HPQ) will pay $16.2M to settle a federal suit claiming it violated bidding rules to win technology contracts with two Texas school districts. While H-P has promised to behave better, its stock price is still -2.9 %, making it one of the companies worst-affected by Cisco's (CSCO) gloomy earnings report.