- LG will assume stewardship of the open source projects of Open webOS and Enyo.
- HP will retain ownership of all of Palm's cloud computing assets, including source code, talent, infrastructure and contracts.
- HP will continue to support Palm users.
Stocks fluctuate on Thursday morning as Federal Reserve members head to Jackson Hole, Wyo., for their closely watched summer summit.
Deutsche Bank reduced its 2016 earnings estimates to $1.59 per share for HP (HPQ) after the company lowered its full-year and fourth quarter outlook.
Stock futures move lower on Thursday morning as monetary policy officials head to Jackson Hole, Wyo., for their two-day summer summit.