HP Stock Repurchases Resume; EMC Merger Likely Dead

By | October 15, 2014

Scalper1 News

Hewlett-Packard’s (HPQ) decision to resume its stock repurchase program likely means that any potential merger with software giant EMC (EMC) is now off the table. HP on Wednesday issued a press release saying that it will resume its share repurchase program after previously suspending activity “due to the possession of material non-public information,” the company said. Shebly Seyrafi, an analyst for FBN Securities, said in a research note that Scalper1 News

Scalper1 News