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HP earnings crash
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| COMPUTER giant Hewlett-Packard's shares lost $US7.8 billion ($10.95 billion) in market value today after reporting its quarterly profit crashed below forecasts. |
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| Updated |
Aug 13, 2004 02:54:27 |
| Rating |
 18 ( -6 -33.33% ) | | Author | NEWS.com.au |
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- HP Shares Climb After Earnings Top Views - Hewlett Packard Co.'s shares opened higher Wednesday after the computer maker's quarterly performance topped Wall Street forecasts, though its new leader lowered profit expectations and warned "there's no quick fix" to boosting profits.
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