HP (HPQ) Investors Breath Sigh of Relief Amid Q2 Beat, Restructuring Effort; Shares Up 6% After Hours
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Price: $25.44 +1.11%
Revenue Growth %: -10.1%
Financial Fact:
Total net revenue: 27.58B
Today's EPS Names:
CO, JW-A, FDS, More
Revenue Growth %: -10.1%
Financial Fact:
Total net revenue: 27.58B
Today's EPS Names:
CO, JW-A, FDS, More
Trade HPQ Now!
After trading rather sharply lower throughout Wednesday's intraday session (down more than 3 percent at the close), HP (NYSE: HPQ) shares have jumped about 6 percent.
The company's second-quarter figures topped the Street nicely, while the FY12 guidance was raised. News of a massive restructuring effort is likely adding to investor optimism.
The stock last traded at $22.45.
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The company's second-quarter figures topped the Street nicely, while the FY12 guidance was raised. News of a massive restructuring effort is likely adding to investor optimism.
The stock last traded at $22.45.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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