U.K. FRC Launches Investigation Into Autonomy Accounting Practices (HPQ)
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Go back to U.K. FRC Launches Investigation Into Autonomy Accounting Practices (HPQ)
November 27, 2012 5:14 PM EST
Market wrap-up for November 27th
End of the Day: S&P 500 down 7.4 to 1,398.94; Dow Jones down 89.2 to 12,878.13; Nasdaq down 9.0 to 2,967.79
The following is a brief summary of events moving markets today:Well, that was easy: Talks to send more aid to Greece ended well, with finance minister reaching agreements over 44 billion in loans along with 40 billion of debt relief.
The International Monetary Fund (IMF) agreed to release the payments in four installments next month.
In the past, the IMF, European Commission (EC), and European Central Bank (ECB) have agreed to 240 billion in loans, of which Greece has since received 150 billion.
Painting the markets 'Reid': Senate Majority Leader Harry Reid... More
November 27, 2012 1:42 PM EST
Hewlett-Packard (NYSE: HPQ) issued the following statement in response to Mike Lynch's open letter to the HP board:
HP has initiated an intense internal investigation into a series of accounting improprieties, disclosure failures and outright misrepresentations that occurred prior to... More
