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HP forecast beats Street, CEO says overhaul taking hold

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SAN FRANCISCO (Reuters) – Hewlett-Packard Co’s quarterly revenue and forecasts beat Wall Street expectations as it continued to cut costs under CEO Meg Whitman’s turnaround plan, sending the No. 1 personal computer maker’s shares up over 5 percent.

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Post Published: 21 February 2013
Found in section: Technology and Science