Ticonderoga Securities analyst Brian White writes in a research note responding to the news that shedding the PC business would be a long-term positive for HP.

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Sceptics note that a large chunk of the increase is accounted for by short-term bills rather than new lending to finance spending.

ECONOMIST: For those looking gamely for bright spots, China flickers

As I note below, while there are some long-term positives for this stock, it is a high-risk buy at current levels.

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Here is a spreadsheet that I have put together that illustrates why a long-term bond is preferable for Ireland to the current promissory note arrangements.

FORBES: How Much Would Ireland Benefit from Replacing the Promissory Notes with a Long-Term Bond?