HP (HPQ) Is Seeing an Awfully Strong Post-Autonomy Bounce
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/29/2026
Go back to HP (HPQ) Is Seeing an Awfully Strong Post-Autonomy Bounce
November 21, 2012 6:39 AM EST
Kynikos Associates founder Jim Chanos says he is... More
November 20, 2012 2:40 PM EST
Earlier, Mizuho Securities downgraded Hewlett-Packard (NYSE: HPQ) from Neutral to Underperform, moving its price target from $15 down to $8.
Mizuho's Abhey... More
November 20, 2012 8:19 AM EST
Hewlett-Packard (NYSE: HPQ) investors were stunned on Tuesday after Meg Whitman and Co. reported fourth-quarter results. While EPS topped estimates, Hewlett-Packard reported an $8.8 billion impairment charge related to accounting fraud within its Autonomy business, causing jeers on Wall Street.
Commenting on the impairment charge, Hewlett-Packard said:
"HP recorded a non-cash charge for the impairment of goodwill and... More
