Seeking Alpha

Though H-P (HPQ -0.3%) won't sell or spin off major business units (as some want it to), the...

Though H-P (HPQ -0.3%) won't sell or spin off major business units (as some want it to), the company is open to shedding "small businesses" and tech projects, says Meg Whitman - H-P's videoconferencing hardware sale to Polycom is cited as an example. Whitman adds H-P has about 15K job cuts remaining in its restructuring (expected to feature 29K cuts), but that the company has under-invested in its IT infrastructure. She admits the Palm acquisition was "a detour to nowhere" (is history repeating?).
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|