Stay updated with breaking news from Andy bryant. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by hewlett packard. in other words, it s fraud. after autonomy s founder and ceo michael lynch was fired by meg whitman, sources close to the company tell me a senior executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before it was bought by hp. hp began an investigation and concluded that these accounting improprieties inflated the value by $5.3 billion. the ceo then relied on audited financials when making a bid to buy the company. those financials were audited but there were plenty of investors out there who questioned autonomy s growth rate. sources close to the company allege that autonomy pursued a number of avenues to make margins, growth rate and overall value appear far higher than it actually was. the company was selling computer hardware. desk top computers, it s a software company at ....
the light and target talks about consumers, higher taxes, unemployment, really looking to the gradual economy as one of the reasons they re not meeting their profits. adam: following breaking news in the senate voting to adopt the so-called nuclear option, changing the rules when it comes to filibuster. rich edson in washington with how this could have implications on the confirmation of janet yellen to become the next head of the fed. of the senate had voted this morning on janet yellen s nomination the chair of the federal reserve she would have likely needed 60 votes. now she only needs 51 and that is the case for any of the president s executive nominees for federal judges. harry reid has just exercise the nuclear option, changing the rules of the u.s. senate. democrats say republicans of blocked president obama s judicial nominees longer and more frequently than any senate minority in history. the american people, democrats, republicans, independentss are fed u ....
2024 Performance Share Plan Awards | Company Announcement investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.