HP (HPQ) Investors Breath Sigh of Relief Amid Q2 Beat, Restructuring Effort; Shares Up 6% After Hours
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Price: $27.62 -0.25%
EPS Growth %: +1.3%
Financial Fact:
Net earnings: 783M
Today's EPS Names:
ESCA, LICT, NKSH, More
EPS Growth %: +1.3%
Financial Fact:
Net earnings: 783M
Today's EPS Names:
ESCA, LICT, NKSH, More
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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.
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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