Friday, November 1, 2019
News paper summary Essay Example | Topics and Well Written Essays - 500 words - 6
News paper summary - Essay Example Its stock dropped by more than 5% in three months. It also reported of various cyber-attacks that it has received. Its shares have also dropped by 10% in 12 months that are contradictory to gains of a company such as NASDAQ Internet Index that increased by 31%. The drop seems to indicate that investors are raising questions concerning its future. Its revenue growth has remained stagnant for the past two years, and the scenario will be the same in coming years. The article, HP chairman Whitworth to Step Down to Focus on Health, is about HP management and in particular its chairman Mr. Whitworth. He has served on several US boards, but now wants to retire and concentrate on his health. He has lived with throat cancer since April 2013. Relational managers will be meeting soon to discuss on how to appoint a new chairman. It manages more than $ 6 billion and features prominently in shareholder activism. He joined the HP Company in 2011 when it was turmoil and led to its stability. Relational investors are more worried of his wealth than effect on the firm. The article, Real-Estate Investors See No Problem with Puerto Rico, points out at the deteriorating economic conditions at Puerto Rico and how real-estate investors are taking advantage of the situation. Property managers and private-equity firms are buying and developing luxurious and high-end hotels on the island. Property deals have up scaled by more than $ 1 billion. The investments bet on its turn around, touristââ¬â¢s credit concerns, and changes to the tax code that withdraws tax on such investments. The hotel business is on the rise, and the valuations are level to those seen before the wake of the global recession. The article, S&P Weighs Restarting Talks on US Suit, is about Standard and Poorââ¬â¢s Ratings Services and its lawsuit with the Justice department. The company is on discussion and negotiations on penalties on the range of
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