Marketplace Morning Report for Wednesday, November 21, 2012
Hewlett Packard's stock is at a 10 year low this morning after the company announced that it was misled when it acquired the British software firm Autonomy last year. That acquisition forced the company to take an $8.8 billion hit to its bottom line last quarter. But what's Autonomy's side of the story? And with Black Friday and Cyber Monday just around the corner, we're in for the biggest shopping season of the year. But whatever you buy might not look quite as perfect as it does in the catalog or online.
Hewlett Packard’s stock is at a 10 year low this morning after the company announced that it was misled when it acquired the British software firm Autonomy last year. That acquisition forced the company to take an $8.8 billion hit to its bottom line last quarter. But what’s Autonomy’s side of the story? And with Black Friday and Cyber Monday just around the corner, we’re in for the biggest shopping season of the year. But whatever you buy might not look quite as perfect as it does in the catalog or online.