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Stock Market & Financial Investment News

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November 20, 2012
11:34 EDTHPQFormer HP CEO says due diligence of Autonomy was 'meticulous,' WSJ reports
Leo Apotheker, the former CEO of Hewlett-Packard (HPQ) who orchestrated the company's acquisition of Autonomy, says he was "stunned and disappointed" to learn of the alleged accounting improprieties, reports the Wall Street Journal. Apotheker says in a statement that "Looking back on the acquisition, which closed in Sept. 2011, the due diligence process was meticulous and thorough. According to HP, the accounting issues it discovered pre-date its acquisition of Autonomy...It’s apparent that Autonomy’s alleged accounting misrepresentations misled a number of people over time – not just HP’s leadership team, auditors and directors. In fact, the alleged improprieties apparently came to light only after an internal whistleblower raised the issue in the spring, well after my departure." Reference Link
News For HPQ From The Last 14 Days
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November 21, 2014
12:08 EDTHPQHP December volatility elevated into Q4 and outlook
HP November weekly call option implied volatility is at 41, December is at 32, January is at 23, February is at 22; compared to its 26-week average of 26 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on November 25.
November 20, 2014
12:00 EDTHPQAnalyst sees new competition shaking up 3D printing market
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08:04 EDTHPQHP December volatility elevated into Q4 and outlook
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November 19, 2014
16:32 EDTHPQStratasys appoints ex-Hewlett-Packard Chris Morgan as CMO
Stratasys (SSYS) appointed Chris Morgan as Senior VP and Chief Marketing Officer for Stratasys. Morgan is a 25-year veteran of HP (HPQ).
07:46 EDTHPQSymantec, Hewlett-Packard announce DRaaS solution partnership
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November 12, 2014
15:08 EDTHPQEarnings Preview: Cisco reports amid analyst debate on break-up potential
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November 11, 2014
06:03 EDTHPQQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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