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Wednesday, February 22, 2012

BREAKING NEWS: Hewlett-Packard Posts Mixed 1Q Results, 2Q Guidance Soft

After the bell Wednesday, Hewlett-Packard said it earned 92 cents an adjusted share on revenue of $30 billion, while Wall Street was expecting H-P to earn 87 cents on sales of $30.67 billion. H-P expects to earn 91 cents an adjusted share in the 2Q, below the Street's view of 95 cents. The shares are pulling back in after-hours trading.


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