Hewlett-Packard Taking $8.8 Billion Autonomy Charge
Nov. 20 (Bloomberg) -- Bloomberg's Dominc Chu and Deirdre Bolton report that Hewlett-Packard forecast fiscal first-quarter profit that missed analysts’ estimates amid a continuing slump in personal computer sales. The company also announced an impairment charge of $8.8 billion from the acquisition of Autonomy Corp. due to accounting improprieties that happened before Hewlett-Packard purchased the company. He speaks on Bloomberg Television's "In The Loop."
Most Recent Videos
Aspiration CEO's Approach to Sustainable Investing
06:06 - Andrei Cherny, Aspiration's chief executive officer, discusses his approach to sustainable investing with Bloomberg's Oliver Renick on "Bloomberg Markets." (Source: Bloomberg)