business newsMore Than Shoppers Will Be Lined Up Outside Wal-Mart [VIDEO]
By
DailyFinance Nov 21, 2012 11:51 am
Plus, can HP get its act together?
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Shoppers may not be the only ones lined up outside Wal-Mart (NYSE:WMT) stores on Black Friday.
It appears unlikely that federal officials will issue an injunction to stop the company’s workers from staging protests outside company stores over the Black Friday weekend. Wal-Mart filed an unfair labor practice complaint, while workers protest low wages and increased costs for health care coverage.
Can Hewlett-Packard (NYSE:HPQ) get back on track? It’s trading at its lowest level in a decade after yesterday’s 12% tumble. That followed word that HP was taking a charge of nearly $9 billion due to what it called accounting "improprieties" related to its purchase of Autonomy earlier this year. Some analysts note that HP’s core business continues to contract.
For more, click on the image below to play the Daily Finance Market Minute video.
It appears unlikely that federal officials will issue an injunction to stop the company’s workers from staging protests outside company stores over the Black Friday weekend. Wal-Mart filed an unfair labor practice complaint, while workers protest low wages and increased costs for health care coverage.
Can Hewlett-Packard (NYSE:HPQ) get back on track? It’s trading at its lowest level in a decade after yesterday’s 12% tumble. That followed word that HP was taking a charge of nearly $9 billion due to what it called accounting "improprieties" related to its purchase of Autonomy earlier this year. Some analysts note that HP’s core business continues to contract.
For more, click on the image below to play the Daily Finance Market Minute video.
No positions in stocks mentioned.
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