HP Raises Forecast, Sees $8 Billion Impairment Charge

HP Raises Forecast, Sees $8 Billion Impairment Charge

Tony Avelar/Bloomberg

Hewlett-Packard Co. said it expects a pre-tax charge in the third quarter of $1.5 billion to $1.7 billion related to job cuts, up from a prior projection of $1 billion.