Hp Hit With Civil Securities Lawsuit Over Autonomy Deal

Reuters: Top News, Reuters
Mon, 11/26/2012 - 1:00pm

SAN FRANCISCO (Reuters) - Hewlett-Packard Co was sued on Monday by an investor who claimed the company knew statements about its Autonomy acquisition were misleading and led the stock to fall, according to lawyers representing the plaintiff.

Sections: news business

Topics: acquisition autonomy corporation plc hewlett-packard lawsuit share price stocks

Microsoft may buy Barnes & Noble's Nook unit for $1 billion
According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
LinkedIn Shares Slide After Disappointing Outlook
LinkedIn's surging share price cooled Friday as the social network projected slower revenue growth next quarter following a decision to lower the number of display ads that the website shows. More
Stocks surge to new highs after hiring climbs
A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More
Bayer to pay $1.1B for California firm Conceptus
Germany drug company Bayer AG says it intends to buy California-based Conceptus to expand its birth control offerings. Bayer said Monday it would launch a pupublicblic offer to pay $31.00 per share for all the stock in Conceptus, Inc. That means Bayer would pay $1.1 billion. More
Google searches predict market moves
As the search volume on generic terms such as "debt", "portfolio" and "stocks" fell, the Dow Jones average tended to go up - and vice versa. An investment strategy based on these search volume data between 2004 and 2011 would have made a profit of 326%. More