Hewlett-Packard Company (NYSE:HPQ) | HP says Autonomy inflated 2010 profits by 81 percent: filing

February 04, 2014 at 11:42 AM EST

[Reuters] – Hewlett Packard said Autonomy, the software firm it bought in 2011, overstated profits at one of its main British units by 81 percent in the year before it was sold in . . . → Read More: Hewlett-Packard Company (NYSE:HPQ) | HP says Autonomy inflated 2010 profits by 81 percent: filing Similar Articles: Stock Update: EMC Corporation (NYSE:EMC) – EMC Instytut Medyczny Group revenue for the third quarter of 2013 increased 14.7 percent to PLN 44.5 million LendingClub getting bigger: Now filing with regulators Oil and Natural Gas Stocks: This small U.S.-based energy company has it all

Hewlett-Packard Company (NYSE:HPQ) [Reuters] – Hewlett Packard said Autonomy, the software firm it bought in 2011, overstated profits at one of its main British units by 81 percent in the year before it was sold in Britain’s biggest ever technology deal. Little over a year after the $11.7 billion acquisition, the Silicon Valley company wrote down the value of Autonomy by $8.8 billion, accusing the management of accounting irregularities. Autonomy was founded and led by British entrepreneur … [visit site to read more]