H-P (NYSE:HPQ) Record Plunges On Autonomy Charge- HPQ, IBM, TDC, CRAY, SGI

Shares of Hewlett-Packard Company (NYSE:HPQ) plummeted on Tuesday following the firm declared that it would take an $8.8 billion asset-impairment charge due to serious accounting improprieties tied to its purchase of software company Autonomy Corp. H-P shares dived about 12 percent to close at $11.71 the stock‚Äôs lower level since October 2002 as the revelation […]