Poor HP Earnings Dim Hopes for Tech
From BusinessWeek | 2009-08-19 16:01:54
<div><p>
Investors looking for evidence that the tech sector has rounded recession's corner were disappointed by results released Aug. 18 by Hewlett-Packard (HPQ). The world's largest maker of computers said profits tumbled 19% and that while business conditions are becoming more stable, pricing battles are likely to erode profit further. "We're encouraged by the stability we're beginning to see in the market but not yet ready to call it a turn," Hewlett-Packard CEO Mark Hurd told analysts on a conference call discussing the results.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=57001882&bid=informcom" /></div><div id="copyright"><div>
Copyright 2009 <a href="http://www.businessweek.com">BusinessWeek</a></div></div>
Related Video by 5min
Related Articles
- When are health insurance premiums tax-deductible? NBC 4 Sioux City (KTIV) | 2010-03-19 12:35:10
- Brown & Brown buys New Jersey firms Excel and Spirit MSN Money | 2010-03-19 11:17:29
- As Reform Hangs In Balance, Policy Benefits Continue To Be Discussed Medical News Today | 2010-03-19 06:22:19
- Obama to address health care at Va. university Houston Chronicle | 2010-03-19 06:19:21
- Crist supports port legislation Philadelphia Business Journal | 2010-03-19 13:09:44
- ECB's Trichet Warns of Swaps Misuse New York Times | 2010-03-19 05:45:36
Related Blogs
- Showdown Over Health-Care Reform Bill Heats Up HealthFinder | 2010-03-19 12:22:44
- Health Highlights: March 19, 2010 HealthFinder | 2010-03-19 12:20:28
- On Not Complying -- By: Ramesh Ponnuru The Corner | 2010-03-19 12:09:42
- McClatchy News Whacks Conservatives for Objecting to Ten-Year-Old ObamaCare Lobbyist NewsBusters | 2010-03-19 13:03:38
- Why the SEIU Wants Health Reform TCS Daily | 2010-03-19 12:32:07
Related Video
- Obama states case for healthcare reform BBC Video World | 2010-03-18 13:56:29
- Crain's Headlines: Chicago Jobs; Big Bonuses CBS2 WBBM Top Stories Video | 2010-03-15 08:18:01