It denied the latest speculation and its share price recovered.More data pointed to a deepening slump in America's housing market.
It is now valued at just £80m and its share price is down 90% over the past decade to 32p.
The company remains profitable, and its share price is a little higher than it was when he was hired.
RWE said it would sell its natural gas distribution network, Net4Gas, and its share in Berlinwasser, a water company.
In 2011 it admitted that a batch of its milk contained impurities and its share price collapsed.
It announced the two foul-ups at the same time, and its share price fell almost 30% on the news.
And its share grew: Comcast now owns all of NBCUniversal.
And its share of world GDP has doubled, to 10%.
He added, "This a good day for H.P., its board and its share owners".
That fall, biotechnology pioneer Genentech went public and its share price doubled the first day.
But its remote activities are proving costlier than expected, and its share price is down.
