By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
Moody's Investors Service is lowering its long-term credit rating for Hewlett-Packard, saying the technology giant will have trouble increasing sales of many of its products.
Moody's Investors Service on Wednesday lowered its long-term credit rating on Hewlett-Packard, saying the technology giant will have trouble increasing sales of many of its products.
It's not certain whether HP can restore growth and profitability, Lane said.
About 75 percent of HP's revenue comes from personal computers, enterprise servers, printers and services, Lane noted.