Sunday, November 20, 2011

Hewlett-Packard (NYSE:HPQ) Welcomes Shareholder To Board

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tdp2664 E money daily Hewlett-Packard (NYSE:HPQ) has appointed an activist shareholder to its board. Hewlett-Packard (NYSE:HPQ) Welcomes Shareholder To Board The software giant Hewlett-Packard (NYSE:HPQ) has appointed activist shareholder Ralph Whitworth to its board to shore-up shareholder confidence which had been hit by changes to plans and damaged sales forecasts. In an official statement of Hewlett-Packard (NYSE:HPQ), said that, "Whitworth's Relational Investors LLC held about 17.5 million Hewlett-Packard shares as of Sept. 30, regulatory filings show. Whitworth is joining the board's compensation committee and its finance and investment committee." Hewlett-Packard Co. (NYSE:HPQ) shares were at 27.29 at the end of the last day’s trading. There’s been a -11.0% movement in the stock price over the past 3 months. Hewlett-Packard Co. (NYSE:HPQ) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.85 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.34 Zack’s Rank: 2 out of 2 in the industry



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