Selasa, 23 November 2010

HP fiscal 4Q tops Street estimates-Tops

CEO DEBUT: Hewlett-Packard Co.'s fiscal fourth quarter earnings report Monday marked the public debut of Leo Apotheker since starting the CEO job three weeks ago.
THE RESULTS: HP's net income rose 5 percent and revenue rose 8 percent in the period ending Oct. 31.
THE MESSAGE: The technology industry is undergoing a lopsided recovery. Purchases by big companies are buoying growth, while unemployment worries have sapped consumers' appetite for computers.
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