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The History Of Hewlett-Packard
Beginning of Essay
In a small garage in the city of Palo Alto, California, a well known company was formed in 1938. That company soon became known as Hewlett-Packard Co. (HP). Under the partnership of William Hewlett and David Packard, then engineering graduates of Stanford Unive .... Middle of Essay
.... analysis and medical businesses.”
The guidelines for the split is based on financial analysis gathered over the last two accounting years. The company’s stock price growth has lagged behind the overall stock market with in this time period and HP stated “that revenue growth was weak and reported softness in some of its business.”
The buzz on Wall Street is one of enthusiasm over the planned split. Hewlett-Packard stock was up $6.37 ½ to $72.25/share in NYSE trading after the announcement. “Hewlett-Packard is considering an initial public offering for approximately 15% of the measurement company’s outstanding shares, then distribute ....
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Words: 441 - Pages: 2
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