“In bear markets, stocks usually open strong and close weak. In bull markets, they tend to open weak and close strong.” – William J. O’Neill

1. Hewlett-Packard Plans to Break in Two — WSJ, H-P (NYSE:HPQ) plans to spin off its PC and printer ops into a separate publicly-traded company. If the H-P (NYSE:HPQ) division goes off as planned, it would give rise to two publicly traded companies, each with more than $50B in annual revenue.
2. First Ebola case Transmitted in Spain — a nurse in Spain became the first person to contract Ebola after treating a Spanish missionary flown in from Sierra Leone. The priest died Sept. 25. Furthermore, the Obama administration has called for new protocols to help stop the spread of Ebola, including additional passenger screening at airports and increased efforts to educate medical providers on how to handle cases.
3. Symantec is in “advanced talks” to split its security and storage software operations — Bloomberg a source adds the post-breakup companies could draw M&A interest, given firms such as EMC (NYSE:EMC) and H-P (NYSE:HPQ) have shown interest in one half or the other. Symantec’s (NASDAQ:SYMC) two security software units, enterprise security and PC/mobile security, respectively grew 3% and 1% Y/Y in calendar Q2, while its storage software unit grew 1%. The security units accounted for 63% of revenue and 80% of segment operating profit.
4. David Darst (Advisor to Morgan Stanley) Shows a Useful Bear Market and Healthy Correction Checklists — via video from CNBC. Click here for link