HP Investigated by SEC and 2 Dow Movers Seeing Action Today

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The Walt Disney Company (NYSE:DIS) closes its Disney Movies Online platform and visitors to the video streaming site are being advised that the hub is closing at the end of 2012. A message reads: “As part of this change, purchases, upgrades, and Magic Code entries can no longer be made on the Disney Movies Online website. You can continue to stream your existing movies until December 31st.”

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Hewlett-Packard Company’s (NYSE:HPQ) allegations of accounting improprieties at its Autonomy Corp. division are being investigated by the FBI in response to a Securities and Exchange Commission inquiry, say sources to Bloomberg.

JPMorgan Chase & Co. (NYSE:JPM) and Goldman Sachs (NYSE:GS) were chosen by the networking company Cyan Inc to lead a potential initial public offering in 2013, say sources to the Wall Street Journal, which add that the date of the IPO might be changed because of business and market conditions.

Don’t Miss: FBI: Hewlett-Packard’s Incredible Scam Claims Under Review.


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