HP takes $8.8 bln charge from Autonomy accounting; (HPQ) stock plunged more than 11 percent

HP takes $8.8 bln charge from Autonomy accounting
Firstpost
Hewlett-Packard Co (HPQ.N) said on Tuesday it took an $8.8 billion charge related to its acquisition of software firm Autonomy, citing “serious accounting improprieties,” as it swung to a fourth-quarter loss.

(HPQ) stock plunged more than 11 percent


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