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H-P (HPQ +5.6%) rockets higher out of the gate after Bloomberg makes note of comments in the...

H-P (HPQ +5.6%) rockets higher out of the gate after Bloomberg makes note of comments in the company's FY12 10-K (filed on Dec. 27) about evaluating "the potential disposition of assets and businesses that may no longer help us meet our objectives." Wasn't Leo Apotheker kicked out in part for trying to do something similar? Regardless, H-P's FQ4 figures show there's no shortage of units that potentially meet its description.
Comments (1)
  • drapersa
    , contributor
    Comments (2) | Send Message
     
    I think the comment of the author of this headline that "potential disposition of assets..." shows that the author may not know how to understand a 10-K. Page 32 of the 10-K that addresses this subject is part of a broad discussion that says, in effect, if HP decides to sell assets they may not realize gains or run into other obstacles... in a sale. It is essentially a boiler-plate disclaimer to help potential investors know the risks... nothing more than the opening disclaimer that this is "forward looking..." or discussion about impact of foreign countries economies, terrorists or competition... impact on HP.
    2 Jan 2013, 02:04 PM Reply Like
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