Standard & Poor's has placed the 'A' corporate credit rating on Hewlett-Packard Co. (HP) on CreditWatch with negative implications. The company recently announced the $11 billion acquisition of Autonomy Corp. and it is exploring a possible spin-off for its Personal Systems Group. In this CreditMatters TV segment, Managing Director Bill Wetreich explains our rationale behind the CreditWatch Negative on HP, and how the placement may be resolved.
I do not think is a smart move for HP to get rid of their consumer business (computers etc..)
md991free 6 months ago