Posts Tagged ‘mark hurd’

HP Posts Negative Q1 Earnings, Sour Outlook

Hewlett-Packard reported a dismal quarterly profit that dropped 13 percent while sales increased by  just 1 percent as even the Palo Alto tech company’s profitable printer ink business was shaken by a devastating time in the economy.
HP shares fell $2.03, or 6 percent, to $32.05 in extended hours trading, after closing down 26 cents during the regular trading [...]