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H-P Shares Dive to 6-Year Low

Wall Street Journal Original article ›

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Investors showed a lack of confidence in CEO Apotheker's makeover strategy for H-P by exiting the PC and tablet business and focussing on software. H-P's share price dropped 21% on August 18, 2011 to $23.34. This is the lowest price since 2005. About half of the market value has been lost since February 2011. H-P reported lower 4th quarter guidance to $1.12 per share for earnings excluding items.

An Inside Look at Autonomy Inc.- the acquisition that cost HP a $8.8 billion charge in 2012

08/19/2011

What started out as an opportunity for H-P to enter the voluminous data analysis field and compete with the likes of IBM ends up quickly in a huge and disastrous loss.

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H-P Shares Dive to 6-Year Low

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Hewlett-Packard’s Then-Chairman Ray Lane Tried to Quash Autonomy Acquisition

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Tom Gara captures the ultimate irony of the Autonomy acquisition

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In a amazing "did you know?" Tom Gara of the WSJ points out that Autonomy had a white paper promoting its software. This paper said its software analyzing patterns in data, when applied to voluminos company data, could capture the "enormous" risks companies were exposed to leading to large losses.

Grouped Articles

Hewlett Sends PCs Packing

Wall Street Journal 08/19/2011

H-P Shares Dive to 6-Year Low

Wall Street Journal 08/19/2011

HP’s Autonomy Write-down: Avoidable, With Autonomy Software

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Class conflict in China and widening rich-poor gap.

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The way in which public anger was aroused in Hangchou and the rest of China, over a rich youth in a Mitsubishi racer (retrofitted for speed) running over a young telecom engineer from the poorer class.

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Survey in China Shows a Wide Gap in Income

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The Kids Are Alright

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China's Rich Youth Spark Bitter Divide

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China's New Cultural Revolution

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HP management

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Grouped Articles

Defending H-P in Age of Tablets

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H-P's Tech Revamping Begins to Pay Off

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Hewlett-Packard Layoffs Reflect Effort to Keep Pace With Revenue Slide

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Hewlett-Packard Plans to Break in Two

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Hewlett-Packard: Will Slimmer Make Stronger?

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H-P Outlines Up to 30,000 More Job Cuts

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HP under CEO Apotheker

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Grouped Articles

New H-P CEO Reprograms Strategy

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Nokia and H.P. Play Catch-Up

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Chief Reboots H-P After Scandal

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Hewlett-Packard Hopes to End the Soap Opera

BusinessWeek 01/27/2011

H-P's Apotheker Must Formulate Hurd Antidote

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H-P Under Fire for CEO's Role in Remaking Board

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HP's acquisition of U.K. software firm Autonomy

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Grouped Articles

Tech's Rust Belt Takes Shape

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Hewlett-Packard’s Then-Chairman Ray Lane Tried to Quash Autonomy Acquisition

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H-P Buying 'U.K. Bill Gates'

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Hewlett-Packard to Computers: Drop Dead

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H-P Explores Quitting Computers as Profits Slide

Wall Street Journal 08/19/2011

H-P Shares Dive to 6-Year Low

Wall Street Journal 08/19/2011


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